Closing Price:
$889,500
475 Island Lead Road, Corolla, NC 27927
6 bd
5 ba
3466 sq ft
MLS #: 109440
Status: Closed

Sold Details

Status: Closed
Sold Price: $820,000.00
Closing Date: 7/27/2020
Contract Date: 6/3/2020
Seller Concessions: No
Total Days on Market:
Cumulative Days on Market: 421

Listing Information

Area: Corolla Oceanside
Mls Status: Closed
Days On Market: 421
Cumulative Days On Market: 421
Listing Price: $889,500
Original Listing Price: $889,500
Possession: Subject To Tenant Rights
Short Sale: No
Price Date: 7/27/2020
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 3466
Asking Price Per SqFt: $257.00
Heated Living Area Sq Ft: 3466
BedroomsTotal: 6
Bathrooms Full: 5
Bathrooms Partial: 1
Year Built: 1997
Architectural Style: Reverse Floor Plan
Sub Type: Single Family Residence
Appliances: Dryer, Dishwasher, Microwave, Refrigerator, Range/Oven, Washer
Roof: Asphalt
Parking: Off Street, Paved, Underground
Foundation: Piling
Pool: Yes
Pool Type: Private and Association
Pool Features: Association, Custom, Gunite, In Ground, Outdoor Pool, Private
Counter Tops: Laminate
Cooling: Central Air, Heat Pump
Interior Features: Cathedral Ceiling(s)
Heating: Central, Heat Pump
Room Type: Game Room
Flooring: Carpet, Hardwood, Tile
Construction Materials: Frame, Wood Siding

Legal Description

County: Currituck
Subdivision: Pine Island Pud
Deed Book: 369
Deed Book Page Number: 655
County Pin Number: 127C00001620000
Price Change: 7/26/2020
Road Surface: Paved
Association Amenities: Clubhouse, Common Area, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis

Lot Details

Lot Features: Adj. To Common Area, Cul-De-Sac, Level
Waterfront: 2 - lots from oceanfront (3rd row
View: Ocean
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2018
Annual Property Taxes: $4,942.00
Flood Zone: X
Water Source: Municipal
Contract Status Change Date: 7/27/2020
Estimated Annual Fee Amt: $2,650.00
Sewer: Septic Tank
Association Fee Yes or No: No - Restrictive Covenants May Apply

Financials

Bill Of Sale Amoung: 1
Bank/Institution Owned: No
Exterior: Cement Fiber Board
Extras: Beach Access,Common Laundry Area,Covered Decks,Hot Tub,Jet Tub,Landscaped,Lawn Sprinklers,Outside Lighting,Outside Shower,Security System,Smoke Detector(s),Sun Deck,Dry Entry,Inside Laundry Room
HOA Contact Name: www.seaside-management.com
Primary Residence: No

Rental Income

Annual Rental Income: 92355
Rental Performance: 0.1126

Listing Agent Remarks

Be sure to check out the "3D Virtual Reality Tour" to see every inch of this home.********** This terrific vacation home (Spare Time) is located in the sought after community of Pine Island. Sitting on a quiet cul-de-sac, 2 lots off of the oceanfront, directly beside the community boardwalk, beach access, and steps away from the local seafood market, beach rentals, shopping, and dining. Spare time features 6 bedrooms, 6 full baths, a large yard with a private "custom concrete pool" (by Artesian Pools) and stamped concrete pool deck. No need for a solar cover with this pool. When the owner had the pool and concrete refinished about 5 years ago they had the pool tinted a beautiful green color which helps to keep this pool's water warmer than others by several degrees allowing for full enjoyment even during the "shoulder seasons". Another recent update is a new hot tub (2017) with built-in cover lift and lifetime cover. Your guest will also enjoy the regulation size Volleyball court, horseshoe pit, outdoor BBQ grill, and peaceful landscaped front yard when looking for a little quiet time. On the inside, this home offers a large kitchen, dining, and gathering area for all the family "together" space you would like. At the same time having enough room to get away if you would like and have some "you/quiet" time. "Spare Time" has been well taken care of, receiving regular maintenance by a local handyman. "Spare Time" is available for you and your guest to make it your own piece of the Outer Banks & help you make the most of your OBX experience. Again don't forget to check out the "3D Virtual Reality Tour" to see every inch of this home. Scheduled your showing today.

Directions

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Official MLS Disclaimer

The data relating to real estate for sale on this web site comes from the Broker Reciprocity Program of the Outer Banks Association of REALTORS. This property located at 475 Island Lead Road in Corolla is provided courtesy of Coastal Outer Banks Realty . Information is believed to be accurate but is not warranted. Copyrighted by Outer Banks Association of REALTORS. All Rights Reserved. IDX information is provided by Shore Realty of the OBX exclusively for consumers, personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. If this page disappears from this site it means the property at 475 Island Lead Road in Corolla is no longer available for sale. If you are interested in this property or have any questions about buying or selling real estate on the Outer Banks call Shore Realty. Local 252-441-3416 OR 800-647-1868.
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