Closing Price:
$950,000
420 Myrtle Pond Road, Corolla, NC 27927
8 bd
7 ba
4561 sq ft
MLS #: 111095
Status: Closed

Sold Details

Status: Closed
Sold Price: $953,000.00
Closing Date: 11/16/2020
Contract Date: 9/23/2020
Seller Concessions: No
Total Days on Market:
Cumulative Days on Market: 6
Due Diligence Date: 10/21/2020

Listing Information

Area: Corolla Oceanside
Mls Status: Closed
Days On Market: 5
Cumulative Days On Market: 6
Listing Price: $950,000
Original Listing Price: $950,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 11/17/2020
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 4561
Asking Price Per SqFt: $208.00
Heated Living Area Sq Ft: 4561
BedroomsTotal: 8
Bathrooms Full: 7
Bathrooms Partial: 2
Year Built: 1999
Architectural Style: Reverse Floor Plan, Coastal
Sub Type: Single Family Residence
Appliances: 2nd Dishwasher, 2nd Refrigerator, Dryer, Dishwasher, Ice Maker, Microwave, Refrigerator, Range/Oven, Washer
Parking: Off Street, Paved
Pool: Yes
Pool Type: Private and Association
Pool Features: Association, Heated, In Ground, Outdoor Pool, Private
Cooling: Central Air, Heat Pump
Heating: Central, Heat Pump
Room Type: Breakfast Nook, Game Room
Flooring: Carpet, Ceramic Tile, Vinyl Tile

Legal Description

County: Currituck
Subdivision: Pine Island Pud
Deed Book: 1229
Deed Book Page Number: 741
County Pin Number: 127C00001050000
Price Change: 11/16/2020
Road Surface: Paved
Association Amenities: Fitness Center, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground

Lot Details

Lot Features: Level
Waterfront: 3 - lots from oceanfront (4th row)
View: Ocean
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2020
Annual Property Taxes: $5,284.00
Flood Zone: X
Water Source: Municipal
Contract Status Change Date: 11/17/2020
Estimated Annual Fee Amt: $2,120.00
Sewer: Shared Septic
Association Fee Includes: Common Insurance, Maintenance Grounds, Management, Pool, Tennis Courts, Taxes, Walkways
Association Fee Yes or No: Yes

Financials

Bank/Institution Owned: No
Extras: Beach Access,Ceiling Fan(s),Covered Decks,Hot Tub,Landscaped,Outside Lighting,Outside Shower,Smoke Detector(s),Tiki Bar
HOA Contact Name: Seaside Management
Primary Residence: No
HOA Contact Info: 252-261-1200

Rental Income

Annual Rental Income: 121578
Rental Performance: 0.1276

Listing Agent Remarks

STRONG rental investment with over $120K in Rents for 2020 in the prestigious neighborhood of Pine island, just steps from the beach! (4-5 minute walk to beach) X Flood Zone-- no flood insurance required. NEW kitchen appliances, NEW flooring throughout top level, NEW AC units, and NEW exterior polywood furniture. Beautiful luxury home with all the amenities that renters appreciate including heated private pool, hot tub, tiki bar, volleyball court, gameroom, covered decks, and plenty of indoor and outdoor areas to relax and enjoy being at the beach. A solid investment opportunity and very well-maintained home that boasts with eight bedrooms total, six of which are masters with a private bath, and a reverse floor plan with a comfortable living room/dining room/kitchen on the top level. Backs up to open space for privacy. Sister house does over $130K in income, so there's more room for even more income!

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 420 Myrtle Pond Road in Corolla is provided courtesy of Four Seasons 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 420 Myrtle Pond 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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