Seller's Agent in 2018
Tim Lancsek
RE/MAX
(252) 619-6089
48 in this area
129 Total Sales
778 Galileo Rd Corolla, NC 27927
Estimated Value: $953,000 - $1,083,000
5
Beds
4.5
Baths
2,911
Sq Ft
$341/Sq Ft
Est. Value
Highlights
- Community Beach Access
- Concrete Pool
- Coastal Architecture
- Home Theater
- Gated Community
- Cathedral Ceiling
About This Home
As of April 2018Beautiful location on a Cul Del Sac close to the beach! This home is located in a Private Community. Complete with a community pool, Tennis Courts, Ocean front Bathhouse and Cabana Services. The Ocean Front Cabana Services rent out Paddle Boards, Kayaks, Boogie Boards, Chairs and Umbrellas. Located in a gated community with Security that oversees the community. Talk about convenience. "Shiloh" consistently has high rental income and the properties income potential has NOT been reached. The community has a property exterior paint fee included in the HOA fees which makes up 25% of the annual Association Fee. Every five years that gives this property almost $5400 in reserve to have the property repainted. One of the reasons that the community is all uniform and meticulously maintained. The Value of the HOA is absolute.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,231
Year Built
- Built in 1997
Lot Details
- Property fronts a private road
- Cul-De-Sac
- Fenced Yard
- Level Lot
HOA Fees
- $363 Monthly HOA Fees
Home Design
- Coastal Architecture
- Contemporary Architecture
- Reverse Style Home
- Frame Construction
- Asphalt Shingled Roof
- Piling Construction
- Cement Board or Planked
Interior Spaces
- 2,911 Sq Ft Home
- Furnished
- Cathedral Ceiling
- Ceiling Fan
- Window Treatments
- Home Theater
- Fire and Smoke Detector
Kitchen
- Oven or Range
- Microwave
- Ice Maker
- Dishwasher
- Laminate Countertops
Flooring
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- En-Suite Primary Bedroom
Laundry
- Dryer
- Washer
Parking
- Garage
- Carport
Pool
- Concrete Pool
- In Ground Pool
- Gunite Pool
- Outdoor Pool
- Spa
- Outdoor Shower
Outdoor Features
- Sun Deck
Utilities
- Forced Air Zoned Heating and Cooling System
- Heat Pump System
- Municipal Utilities District Water
- Community Sewer or Septic
Listing and Financial Details
- Tax Lot 69
Community Details
Overview
- Association fees include common electric, common insurance, flood insurance, grounds maintenance, management, pool, security, taxes, tennis courts
- Bi Buck Island Subdivision
Recreation
- Community Boardwalk
- Community Beach Access
- Community Playground
- Community Pool
Security
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 11, 2021
Sold by
Eveningstar Llc
Bought by
Mertens John E
Current Estimated Value
Purchase Details
Closed on
Jan 17, 2019
Sold by
Mertens John E
Bought by
Eveningstar Llc
Purchase Details
Listed on
Jan 17, 2018
Closed on
Mar 23, 2018
Sold by
Hundley Robert W and Hundley Patricia R
Bought by
Mertens John E
Seller's Agent
Tim Lancsek
Surfside Realty
Buyer's Agent
Heather McLay
OBX Homes
List Price
$599,000
Sold Price
$560,000
Premium/Discount to List
-$39,000
-6.51%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.71%
Original Mortgage
$448,000
Interest Rate
4.43%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 9, 1997
Bought by
Hundley Robert W and Hundley Patricia R
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mertens John E | -- | None Available | |
| Eveningstar Llc | -- | None Available | |
| Mertens John E | $560,000 | None Available | |
| Hundley Robert W | $132,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Mertens John E | $448,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/13/2018 04/13/18 | Sold | $560,000 | -6.5% | $192 / Sq Ft |
| 02/08/2018 02/08/18 | Pending | -- | -- | -- |
| 01/17/2018 01/17/18 | For Sale | $599,000 | -- | $206 / Sq Ft |
Source: Outer Banks Association of REALTORS®
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,873 | $626,600 | $320,000 | $306,600 |
| 2024 | $4,873 | $626,600 | $320,000 | $306,600 |
| 2023 | $4,857 | $626,600 | $320,000 | $306,600 |
| 2022 | $3,635 | $626,600 | $320,000 | $306,600 |
| 2021 | $3,703 | $605,300 | $290,000 | $315,300 |
| 2020 | $3,562 | $605,300 | $290,000 | $315,300 |
| 2019 | $3,562 | $605,300 | $290,000 | $315,300 |
| 2018 | $3,562 | $605,300 | $290,000 | $315,300 |
| 2017 | $3,231 | $605,300 | $290,000 | $315,300 |
| 2016 | $3,231 | $605,300 | $290,000 | $315,300 |
| 2015 | $3,231 | $605,300 | $290,000 | $315,300 |
Source: Public Records
Agents Affiliated with this Home
-
Tim Lancsek
-
Heather McLay
Buyer's Agent in 2018
Heather McLay
OBX Homes
(252) 202-3409
60 in this area
150 Total Sales
Map
Source: Outer Banks Association of REALTORS®
MLS Number: 98916
APN: 116B-000-0045-0000
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