Closing Price:
$958,900
474 Island Lead Road, Corolla, NC 27927
9 bd
9 ba
4818 sq ft
MLS #: 110117
Status: Closed

Sold Details

Status: Closed
Sold Price: $948,900.00
Closing Date: 11/25/2020
Contract Date: 10/2/2020
Seller Concessions: Yes
Concession Comments: $500 CLOSING COSTS
Total Days on Market:
Cumulative Days on Market: 455
Due Diligence Date: 11/17/2020

Listing Information

Area: Corolla Oceanside
Mls Status: Closed
Days On Market: 450
Cumulative Days On Market: 455
Listing Price: $958,900
Original Listing Price: $958,900
Possession: Close Of Escrow
Short Sale: No
Price Date: 11/30/2020
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 4818
Asking Price Per SqFt: $199.00
Heated Living Area Sq Ft: 4818
BedroomsTotal: 9
Bathrooms Full: 9
Year Built: 2002
Garage: Carport
Architectural Style: Contemporary, Coastal
Sub Type: Single Family Residence
Appliances: 2nd Refrigerator, Dryer, Dishwasher, Microwave, Refrigerator w/Ice Maker, Range/Oven, Washer
Roof: Asphalt
Parking: Off Street, Paved
Foundation: Piling, Slab
Pool: Yes
Pool Type: Private and Association
Pool Features: Association, Fiberglass, In Ground, Outdoor Pool, Private
Cooling: Central Air, Heat Pump, Zoned
Interior Features: Cathedral Ceiling(s), Pantry
Heating: Heat Pump, Zoned
Room Type: Foyer, Game Room, Pantry
Flooring: Carpet, Ceramic Tile, Hardwood
Construction Materials: Frame, Wood Siding

Legal Description

County: Currituck
Subdivision: Pine Island Pud
Deed Book: 1230
Deed Book Page Number: 435
County Pin Number: 127C00001650000
Price Change: 11/29/2020
Road Surface: Paved, Private
Association Amenities: Gated, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis

Lot Details

Land Tax Value: 325000
Total Assessed Value: 804000
Lot Features: Cul-De-Sac, Level
Waterfront: None
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2019
Annual Property Taxes: $4,671.00
Home Oner Insurance Expense: 9800
Flood Zone: X
Flood Insurance Expense: 698
Water Source: Municipal
Yearly Water Expense: 1971
Pool Or Spa Expense: 7400
Yearly Expense: Actual
Yearly Elecric Expense: 4670
Yearly Telephone Expense: 540
Yearly Cable Tv Expense: 1472
Contract Status Change Date: 11/30/2020
Estimated Annual Fee Amt: $2,620.00
Sewer: Private Sewer
Association Fee Includes: Maintenance Grounds, Management, Road Maintenance, Security, Tennis Courts, Walkways
Association Fee Yes or No: Yes

Financials

Bill Of Sale Amoung: 1
Bank/Institution Owned: No
Extras: Beach Access,Ceiling Fan(s),Covered Decks,Fenced Yard,Hot Tub,Landscaped,Lawn Sprinklers,Outdoor Tennis,Outside Lighting,Outside Shower,Patio,Sun Deck,Dry Entry,Inside Laundry Room
HOA Contact Name: SEASIDE MANAGEMENT
Primary Residence: No
HOA Contact Info: 252-261-1200

Rental Income

Annual Rental Income: 92200
Rental Performance: 0.0972
Owner Rental Income 2021 Amount: 50469
Avertised Income 2021 Amount: 53503

Listing Agent Remarks

Beautiful, Custom Pine Island Home. On a dead end street just a Short Walk to the Beach, this 9BR, 9BA home with Extensive Custom Tile Work has it all! The top floor has a Large Great Room, Well Appointed Kitchen with 2 Range/Ovens, 2 Dishwashers and 2 Microwaves & a Spacious Living/Dining area with Gas Fireplace, Entertainment Center, Game/Puzzle Table and Lots of Glass to really Let the Sun Shine in! You will also find 2 Master Suites with King Beds. The mid level also features 2 Master King Suites and 3 additional bedrooms. The ground floor sports a Large Game Room with Pool Table, TV/Living Area, Wet Bar complete with Full Size Fridge, Microwave, Dishwasher and a Game/Puzzle Table. There are also 2 Additional Bedrooms and a large Laundry Room with 2 Washers & 2 Dryers. Outside you will find an Expansive Pool Area with Hot Tub. There are also lots of Decks both Sun & Shade. Do your best clients a favor and introduce them to Casa Del Mar!

Directions

North on Hwy 12, East on Black Pine Rd. Left on N. Cove Road, Left on Island Lead Rd, second house on the left

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 474 Island Lead Road in Corolla is provided courtesy of Keller Williams - Outer Banks C: 252-202-8148. 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 474 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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