NOT LISTED FOR SALE

Estimated Value: $944,000 - $1,090,000

5 Beds
4.5 Baths
2,870 Sq Ft
$349/Sq Ft Est. Value

Last Sold November 05, 2021

Last sale price $827,528 $288 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $6,298/month

8 Days on Market

Highlights

  • Community Beach Access
  • Outdoor Pool
  • Wood Flooring
  • Ocean View
  • Coastal Architecture
  • Furnished

About This Home

As of November 2021

Custom built & meticulously well-maintained 5 BD/4.5 BTH oceanside retreat being sold by the original & loving owners! This highly elevated home is situated in the heart of the Crown Point community of Corolla and has never been rented nor flooded. Boasting views of the ocean from the top floor, a thoughtfully designed & professionally appointed floor plan, and tons of natural light, this home offers an open concept living perfect for hosting groups of family & friends. A true master en suite with direct deck access, a custom tiled whirlpool tub, and dual vanities, a half bath, and spacious living room w/ surrounding decks showcasing the ocean views, hardwood floors, and a gas fireplace make up the top level of this home. On the second floor, you're greeted by a private & shaded front porch, a large foyer entryway, second level living space with direct deck access, a master bedroom w/ deck access, two large bedrooms, and a full bath. On the ground level, another common living space, ideal for a future game room, a bedroom, and full bath. Outdoor ambiance is no after thought here as the home offers both a north & south side decks with ocean views, surround sound speakers, and adirondeck seating, in addition to an outdoor shower, and ample storage space for beach equipment. Enjoy the convenience of the direct beach access, just steps away, along with the community pool, tennis courts, stocked lake, and all of Corollas local shops & restaruants just a short walk or bike ride away. This home is the perfect size, location, and condition for a turn key full time residence, second home, or investment opportunity!

Last Agent to Sell the Property

Hunter Davis

Twiddy and Company - Corolla License #301647 Listed on: 09/08/2021

Co-Listed By

Martha Springer

Twiddy and Company - Corolla License #135162

Last Buyer's Agent

Matt Myatt

Keller Williams - Outer Banks License #218707

Keller Williams - Outer Banks

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,297

Year Built

  • Built in 2000

Lot Details

  • Landscaped
  • Level Lot

HOA Fees

  • $100 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 2,870 Sq Ft Home
  • Furnished
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Window Treatments
  • Entrance Foyer
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Parking

  • Paved Parking
  • Off-Street Parking

Pool

  • Outdoor Pool
  • Outdoor Shower

Outdoor Features

  • Covered Deck

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District for Water and Sewer

Listing and Financial Details

  • Tax Lot #10

Community Details

Overview

  • Gerri Adams Association, Phone Number (757) 676-6990
  • Built by Eric Avery
  • Crown Point Subdivision

Amenities

  • Common Area

Recreation

  • Community Beach Access
  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,297

Year Built

Built in 2000

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Directions: Head north on Rt 12 to Corolla. Turn right on Crown Point Circle, head toward the oceanfront, home is on your left.
  • Extras: Ceiling Fan(s), Common Laundry Area, Covered Decks, Landscaped, Outside Shower, Dry Entry
  • Flood Zone: X
  • Headline: Custom Built, Never Rented!
  • Heated Sq Ft: 2870
  • L V T Date: 09/08/2021
  • Roads: Paved
  • Sale/Rent: For Sale
  • Waterfront Location: 4 - lots from oceanfront (5th row)
  • Zoning: Res
  • Deed Book Pg Number: 156
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C4556
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 5
  • Floor Coverings: Carpet, Tile, Hardwood
  • Foundation: Piling
  • Full Bathrooms: 4
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, All Window Treatments, Dryer Connection, Gas Connection, Ensuite, Washer Connection
  • Optional Rooms: Foyer
  • Partial Bathrooms: 1

Exterior Features

  • Homebuilder: Eric Avery
  • Construction: Frame, Wood
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool: Association
  • Pool Type: Association Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Garage: Attached, Carport
  • Parking: Paved, Off Street

Utilities

  • Cooling: Central, Heat Pump
  • Heating: Central, Heat Pump
  • Sewer/Septic System: Municipal Sewer
  • Water: Municipal

Condo/Co-op/Association

  • Association Amenities: Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 1200
  • Hoa Contact: Gerri Adams
  • HOA Contact: 757-676-6990
  • Home Owner Dwelling Insurance: 3642

Lot Info

  • Lot Description: Level
  • Lot Number: Lot #10
  • Deed Book: 460

Rental Info

  • Est Annual Rental Income: 80395
  • Estimated Rental Performance: 0.0972
  • Annual Cable TV Expense: 1680
  • Annual Electric: 1500
  • Annual Water Expense: 600

Building Info

  • Year Built: 2000

Tax Info

  • Year: 2020
  • Taxes: 4296.9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 13, 2023
Sold by
Jarboe John Brian and Jarboe Donna L
Bought by
781 Sunshine House Llc
Total Days on Market
8
Current Estimated Value
$1,001,393

Purchase Details

Listed on
Sep 8, 2021
Closed on
Oct 20, 2021
Sold by
Pellock Gary G and Pellock Sharon L
Bought by
Jarboe John Brian and Jarboe Donna L
Seller's Agent
Hunter Davis
Twiddy and Company - Corolla
Buyer's Agent
Matt Myatt
Keller Williams - Outer Banks
List Price
$819,000
Sold Price
$827,528
Premium/Discount to List
$8,528
1.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.47%
Original Mortgage
$662,022
Interest Rate
2.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 5, 1999
Bought by
Pellock Gary G and Pellock Sharon L
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
781 Sunshine House Llc -- --
Jarboe John Brian $828,000 None Available
Pellock Gary G $87,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jarboe John Brian $662,022
Previous Owner Pellock Gary G $250,000
Previous Owner Pellock Gary G $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2021 11/05/21 Sold $827,528 +1.0% $288 / Sq Ft
09/16/2021 09/16/21 Pending -- -- --
09/08/2021 09/08/21 For Sale $819,000 -- $285 / Sq Ft
Source: Outer Banks Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

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
2024 $6,919 $603,000 $215,000 $388,000
2023 $6,919 $603,000 $215,000 $388,000
2022 $4,897 $584,600 $215,000 $369,600
2021 $4,297 $585,000 $275,000 $310,000
2020 $4,307 $585,000 $275,000 $310,000
2019 $4,307 $585,000 $275,000 $310,000
2018 $4,365 $585,000 $275,000 $310,000
2017 $4,053 $585,000 $275,000 $310,000
2016 $3,643 $585,000 $275,000 $310,000
2015 $3,351 $585,000 $275,000 $310,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 116036

Outer Banks Association of REALTORS®

APN: 116A-000-0010-0000