NOT LISTED FOR SALE

781 Galileo Rd Corolla, NC 27927

Estimated Value: $1,163,000 - $1,504,314

5 Beds
6 Baths
3,122 Sq Ft
$413/Sq Ft Est. Value

Last Sold January 18, 2022

Last sale price $1,350,000 $432 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $7,470/month

8 Days on Market

Highlights

  • Community Beach Access
  • Outdoor Pool
  • Clubhouse
  • Ocean View
  • Gated Community
  • Coastal Architecture

About This Home

As of January 2022

Fun, Functional, and impeccably well-maintained oceanside retreat boasting views of the Atlantic & a professionally appointed interior with custom drapes, tilework, and thoughtful design to provide the upmost comfort while enjoying time spent at the beach! This one-of-a kind property is nestled on a quiet cul-de-sac in the sought after gated resort community of Buck Island where you'll find ample amenities to include an olympic sized swimming pool, curbed sidewalks, fishing ponds, changing rooms, restrooms, lighted beach walkway access, tennis courts, playground and more! On the top floor, an open concept living area features views of the ocean, a large living & dining space with direct deck access, a thoughtfully designed kitchen with quartz countertops, island seating, stainless appliances, and soundside deck access for sunset, a half bath, and spacious master en suite with a jacuzzi tub and standalone shower. Enjoy a spacious media/living space on the second floor with deck access, two spacious bedrooms, two master en suites, and a full bath with custom tilework & quartz countertops. On the ground floor, a large laundry room with added storage, covered carport with beach storage, outside shower, private pool & hot tub, outdoor half bath, and well manicured grounds serve as the perfect space to relax after time spent on the beach. Enjoy the convenience of the beach access, restrooms, showers, and community parking just around the corner, as well as, a close proximity to all of Corolla's local attractions.

Last Agent to Sell the Property

Hunter Davis

Twiddy and Company - Corolla License #301647 Listed on: 11/12/2021

Co-Listed By

Martha Springer

Twiddy and Company - Corolla License #135162

Last Buyer's Agent

Scott Wheeler

Celebration Realty License #274905

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,920

Year Built

  • Built in 1998

Lot Details

  • Property fronts a private road
  • Cul-De-Sac
  • Landscaped
  • Level Lot

HOA Fees

  • $299 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Reverse Style Home
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction

Interior Spaces

  • 3,122 Sq Ft Home
  • Furnished
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Window Treatments
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Quartz Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Paved Parking
  • Off-Street Parking

Pool

  • Outdoor Pool
  • Spa
  • Heated Pool
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District Water
  • Fuel Tank
  • Community Sewer or Septic

Listing and Financial Details

  • Tax Lot #49

Community Details

Overview

  • Chris Spoth Association
  • Bi Buck Island Subdivision

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Community Boardwalk
  • Community Beach Access
  • Tennis Courts
  • Community Playground
  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,920

Year Built

Built in 1998

Lot Details

0

HOA Fees

$299 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Covered Decks, Hot Tub, Landscaped, Outside Lighting, Outside Shower, Sun Deck, Dry Entry, Inside Laundry Room
  • Flood Zone: X
  • Headline: Stunning Buck Island Home!
  • Heated Sq Ft: 3122
  • L V T Date: 11/12/2021
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Waterfront Location: 3 - lots from oceanfront (4th row)
  • Zoning: Res
  • Deed Book Pg Number: 619
  • 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: Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 5
  • Countertops: Quartz
  • Floor Coverings: Carpet, Tile, Hardwood
  • Foundation: Piling, Slab
  • Full Bathrooms: 4
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, All Window Treatments, Dryer Connection, Ensuite, Walk in Closet, Washer Connection
  • Partial Bathrooms: 2

Exterior Features

  • Construction: Frame, Wood
  • Pool: Yes
  • Pool: Private and Association
  • Pool Type: Heated, Private Pool, 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
  • Fuel Tanks: Leased
  • Sewer/Septic System: Community Septic
  • Water: Municipal

Condo/Co-op/Association

  • Association Amenities: Clubhouse, Gated Community, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground, Common Area
  • Association Fee: Voluntary - Restrictive Covenants May Apply
  • Estimated Annual Fee: 3591
  • Hoa Contact: Chris Spoth
  • HOA Contact: spothchris@comcast.net

Lot Info

  • Lot Description: Cul-de-sac, Level
  • Lot Number: Lot #49
  • Deed Book: 1174

Rental Info

  • Lease Terms: Weekly
  • Rental Co: Twiddy and Company
  • Rental Cottage Name: The Happy Pelican
  • Rental Cottage Number: I049
  • Rental Phone Number: 252-457-1100
  • Rental Turnover Day: Sunday
  • Rental Contact Email: jkavanaugh@twiddy.com
  • Rental Contact Name: Jen Kavanaugh
  • Rental Contact Phone: 252-457-1100

Building Info

  • Year Built: 1998

Tax Info

  • Year: 2021
  • Taxes: 3920.42

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2021
Closed on
Jan 6, 2022
Sold by
Pelican Investment Properties Llc
Bought by
Williams David Christopher and Williams Martha E
Seller's Agent
Hunter Davis
Twiddy and Company - Corolla
Buyer's Agent
Scott Wheeler
Celebration Realty
List Price
$1,350,000
Sold Price
$1,350,000
Current Estimated Value
$1,288,329

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$61,671
Avg. Annual Appreciation
-1.18%
Original Mortgage
$700,000
Outstanding Balance
$641,962
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$646,367

Purchase Details

Closed on
Oct 4, 2011
Sold by
Montgomery Mark M and Montgomery Karen L
Bought by
Pelican Investment Properties Llc

Purchase Details

Closed on
Jul 6, 2010
Sold by
Ross Dann Michael R and Ross Dann Elizabeth
Bought by
Montgomery Mark M and Montgomery Karen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$541,875
Interest Rate
4.77%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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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
Williams David Christopher $7,742,500 Starkey Sharp Attorney At Law
Pelican Investment Properties Llc -- None Available
Montgomery Mark M $722,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams David Christopher $700,000
Previous Owner Montgomery Mark M $541,875
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/18/2022 01/18/22 Sold $1,350,000 0.0% $432 / Sq Ft
11/20/2021 11/20/21 Pending -- -- --
11/12/2021 11/12/21 For Sale $1,350,000 -- $432 / 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
2025 $5,286 $669,200 $330,000 $339,200
2024 $5,286 $669,200 $330,000 $339,200
2023 $5,270 $669,200 $330,000 $339,200
2022 $3,935 $669,200 $330,000 $339,200
2021 $3,920 $634,800 $300,000 $334,800
2020 $3,732 $634,800 $300,000 $334,800
2019 $3,723 $634,800 $300,000 $334,800
2018 $3,723 $634,800 $300,000 $334,800
2017 $3,377 $634,800 $300,000 $334,800
2016 $3,377 $634,800 $300,000 $334,800
2015 $3,377 $634,800 $300,000 $334,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 116792

Outer Banks Association of REALTORS®

APN: 116B-000-0049-0000