NOT LISTED FOR SALE

Estimated Value: $674,000 - $779,000

4 Beds
3.5 Baths
2,000 Sq Ft
$369/Sq Ft Est. Value

Last Sold April 03, 2020

Last sale price $425,000 $212 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $4,340/month

25 Days on Market

Highlights

  • Boat Dock
  • Clubhouse
  • Furnished
  • In Ground Pool
  • Coastal Architecture
  • Tennis Courts

About This Home

As of April 2020

Well maintained 4 bedroom 3.5 bath home that is located in a private setting with short walk to the amazing Corolla beaches. This beautifully landscaped home features spacious bright rooms with lots of deep decks, oversized pool and pool area with hot tub, outside shower and grilling area. The top floor is open with kitchen, dining room, living room with gas fire place, beautiful stained glass window, King Master Bedroom and half bath. Mid level boasts one Queen Master with deck access, another Queen with deck access that shares the hall bath with a private den that has a queen sleep sofa. The private den doubles as the 4 th bedroom. Ground level has an entrance area and laundry room. Some of the recent improvements are: 2015 Trane HVAC for top level, 2015 New Kitchen Cabinet Doors, 2016 upgraded landscaping, 2016 New Kitchen Appliances, 2018 New Decking on upper deck, 2018 All New High Impact Sliders ( 3 total ) on top floor. Strong Rental income. As of January 2020, There are already 13 weeks booked for 2020. Monteray Shores has great amenities at a reasonable fee. The amenities include: Club House with Fitness Center, Community Pool, Community Tennis, Community Playground, Community Basketball, Community Boat Ramp access to the sound, and Sound Side Piers. Here are some comments from the sellers as to why they love A Mermaid's Tale: "We love to sit in the hot tub at night and look at the stars and listen to the wave’s crash on the beach. Because there is no real incandescent light, the stars pop. We like the mature landscaping because it provides privacy when you’re in the pool area. What sets the house apart and what is amazing is when the sun comes around the house on the west side, the sunlight pierces through the stained glass window, through the lighthouse and it looks like the light at the top of the light house is on. It really is something to see and can be seen from 3pm on. We have one of the largest pools in the area and renters really like the large pool area because they can come early and use the pool before getting into the house." If you are looking for a home that is pristine inside and out, well maintained with short walk to the beach and oversized pool area, then this is the home for you.

Last Agent to Sell the Property

Sandra LaRue

Corolla Beach Realty License #244093 Listed on: 01/26/2020

Co-Listed By

Daniel LaRue

Corolla Beach Realty License #257370

Last Buyer's Agent

Sarah Spencer

Keller Williams - Outer Banks License #185795

Keller Williams - Outer Banks

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,952

Year Built

  • Built in 1992

Lot Details

  • 10,545 Sq Ft Lot
  • Lot Dimensions are 78x150
  • Property fronts a private road
  • Landscaped
  • Level Lot
  • Sprinkler System

HOA Fees

  • $128 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

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

Interior Spaces

  • 2,000 Sq Ft Home
  • Furnished
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Fireplace

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Outdoor Pool
  • Vinyl Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Covered Deck

Utilities

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

Listing and Financial Details

  • Tax Lot 165

Community Details

Overview

  • Association fees include building maintenance, common electric, common insurance, grounds maintenance, management, pool, road maintenance, tennis courts, walkways
  • Kathy Scott Association, Phone Number (252) 453-4945
  • Monteray Shores Subdivision

Amenities

  • Clubhouse

Recreation

  • Boat Dock
  • Tennis Courts
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,952

Year Built

Built in 1992

Lot Details

0

HOA Fees

$128 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Directions: Route 12 North, Right on N Harbor View, home is on the Right
  • Extras: Ceiling Fan(s), Covered Decks, Hot Tub, Landscaped, Lawn Sprinklers, Outside Shower, Sun Deck, Dry Entry
  • Flood Zone: X
  • Subdivision Name: Monteray shores
  • Heated Sq Ft: 2000
  • L V T Date: 01/26/2020
  • Roads: Paved, Private, Public
  • Sale/Rent: For Sale
  • Waterfront Location: More than 5th row
  • Zoning: Res
  • Advertised Income 2020: 28976
  • Deed Book Pg Number: 207
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C18834
  • 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, Washer
  • Bedrooms: 4
  • Countertops: Laminate
  • Floor Coverings: Carpet, Ceramic Tile, Vinyl
  • Foundation: Piling, Slab
  • Full Bathrooms: 3
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, Dryer Connection, Gas Fireplace, Ice Maker Connection, Washer Connection
  • Optional Rooms: Breakfast Nook
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Shakes
  • Pool: Yes
  • Pool: Private
  • Pool Type: In Ground, Vinyl, Private Pool, Association Pool
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 78

Garage/Parking

  • Garage: Carport
  • Parking: Off Street

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Building Maintenance, Common Electric, Common Insurance, Grounds Maintenance, Management, Pool, Road Maintenance, Tennis Courts, Walkways
  • Association Amenities: Boat Ramp, Clubhouse, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground, Sound Access
  • Association Fee: Yes
  • Estimated Annual Fee: 1530
  • Hoa Contact: Kathy Scott
  • HOA Contact: 252-453-4945

Lot Info

  • Estimated Lot Sq Ft: 10545
  • Lot Description: Level
  • Lot Faces: W
  • Lot Size: 78x150
  • Lot Number: Lot 165
  • Estimated Lot Size: 0.24
  • Deed Book: 1364

Rental Info

  • Est Annual Rental Income: 34364
  • Estimated Rental Performance: 0.0809
  • Rental Co: Vacasa - North
  • Rental Cottage Name: A Mermaid's Tale
  • Rental Cottage Number: MS3
  • Rental Phone Number: 888 270-8523
  • Rental Turnover Day: Saturday
  • Rental Contact Name: Corolla Classic Vacations
  • Rental Contact Phone: 8882708523

Building Info

  • Year Built: 1992

Tax Info

  • Year: 2019
  • Taxes: 1951.96

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2020
Closed on
Mar 24, 2020
Sold by
Mcnulla Jeffrey A and Mcnulla Lisa M
Bought by
Svikhart Martin B and Svikhart Shannon C
Seller's Agent
Sandra LaRue
Corolla Beach Realty
Buyer's Agent
Sarah Spencer
Keller Williams - Outer Banks
List Price
$449,000
Sold Price
$425,000
Premium/Discount to List
-$24,000
-5.35%
Total Days on Market
25
Current Estimated Value
$737,674

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$312,674
Avg. Annual Appreciation
10.92%
Original Mortgage
$382,500
Outstanding Balance
$342,499
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$400,633

Purchase Details

Listed on
Mar 21, 2016
Closed on
May 12, 2016
Sold by
Snider Judith G
Bought by
Mcnulla Jeffrey A and Mcnulla Lisa M
Seller's Agent
Sarah Spencer
Keller Williams - Outer Banks
Buyer's Agent
Daniel LaRue
Corolla Beach Realty
List Price
$424,900
Sold Price
$405,000
Premium/Discount to List
-$19,900
-4.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.24%
Original Mortgage
$324,000
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 6, 2002
Bought by
Snider, Judith G Trustee
Source: Public Records

Range of Values:

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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
Svikhart Martin B $425,000 None Available
Mcnulla Jeffrey A $405,000 Attorney
Snider, Judith G Trustee $329,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Svikhart Martin B $382,500
Previous Owner Mcnulla Jeffrey A $324,000
Previous Owner Snider Judith G $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2020 04/03/20 Sold $425,000 -5.3% $213 / Sq Ft
02/20/2020 02/20/20 Pending -- -- --
01/26/2020 01/26/20 For Sale $449,000 +10.9% $225 / Sq Ft
05/12/2016 05/12/16 Sold $405,000 -4.7% $203 / Sq Ft
04/05/2016 04/05/16 Pending -- -- --
03/21/2016 03/21/16 For Sale $424,900 -- $212 / 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 $3,564 $422,500 $60,000 $362,500
2023 $3,564 $422,500 $60,000 $362,500
2022 $2,683 $422,500 $60,000 $362,500
2021 $2,620 $309,300 $70,000 $239,300
2020 $1,951 $309,300 $70,000 $239,300
2019 $1,952 $309,300 $70,000 $239,300
2018 $1,952 $309,300 $70,000 $239,300
2017 $1,771 $309,300 $70,000 $239,300
2016 $1,735 $309,300 $70,000 $239,300
2015 $1,735 $310,500 $70,000 $240,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 108031

Outer Banks Association of REALTORS®

APN: 115C-000-0165-0000