Closing Price:
$3,399,000
$3,399,000
121 Salt House Road,
Corolla, NC 27927
9 bd
9 ba
5664 sq ft
MLS #: 114108
Status: Closed
Sold Details
Status: Closed
Sold Price: $3,300,000.00
Closing Date: 7/12/2021
Contract Date: 5/25/2021
Seller Concessions: Yes
Concession Comments: $15K closing cost credit to buyer
Total Days on Market:
Cumulative Days on Market: 27
Due Diligence Date: 6/26/2021
Listing Information
Area: Corolla Oceanside
Mls Status: Closed
Days On Market: 26
Cumulative Days On Market: 27
Listing Price: $3,399,000
Original Listing Price: $3,399,000
Possession: Close Of Escrow, Other
Short Sale: No
Price Date: 7/12/2021
Furnishing Available: Yes
Ownership: Owned 12 Months or less
Listing Type: Exclusive Right To Sell
Building Details
Primary Heated Living Area Sq Ft: 5664
Asking Price Per SqFt: $600.00
Heated Living Area Sq Ft: 5664
BedroomsTotal: 9
Bathrooms Full: 9
Bathrooms Partial: 3
Year Built: 2002
Architectural Style: Reverse Floor Plan, Coastal
Sub Type: Single Family Residence
Appliances: 2nd Dishwasher, 2nd Refrigerator, Countertop Range, Dryer, Dishwasher, Ice Maker, Microwave, Refrigerator w/Ice Maker, Washer, Wall Oven
Roof: Asphalt
Parking: Off Street, Underground
Pool: Yes
Pool Type: Private and Association
Pool Features: Concrete, Association, Heated, In Ground, Outdoor Pool, Private
Counter Tops: Granite
Cooling: Central Air, Heat Pump
Interior Features: Cathedral Ceiling(s)
Heating: Central, Heat Pump
Room Type: Foyer, Game Room, Home Theater, Media Room
Flooring: Carpet, Tile, Vinyl Tile
Legal Description
County: Currituck
Subdivision: Pine Island Pud
Deed Book: 1573
Deed Book Page Number: 489
County Pin Number: 127C00002620000
Price Change: 7/11/2021
Road Surface: Paved, Private
Association Amenities: Fitness Center, Indoor-Comm. Tennis, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground, Park
Lot Details
Lot Features: Beach Frontage
Waterfront: Ocean Front
View: Ocean
Property Type: Residential
Property Expenses & Utilities
Tax Year: 2020
Annual Property Taxes: $9,792.00
Home Oner Insurance Expense: 1701
Flood Zone: X
Flood Insurance Expense: 797
Wind Insurance: 7436
Water Source: Municipal
Yearly Water Expense: 1500
Pool Or Spa Expense: 2700
Yearly Elecric Expense: 6500
Yearly Cable Tv Expense: 2452
Contract Status Change Date: 7/12/2021
Estimated Annual Fee Amt: $2,930.00
Sewer: Shared Septic
Association Fee Yes or No: Yes
Financials
Bill Of Sale Amoung: 1
Bank/Institution Owned: No
Exterior: Lap Siding
Extras: Beach Access,Boardwalk to Beach,Ceiling Fan(s),Covered Decks,Elevator,Hot Tub,Landscaped,Outside Lighting,Outside Shower,Patio,Smoke Detector(s),Dry Entry,Inside Laundry Room
HOA Contact Name: SEASIDE MANAGEMENT
Primary Residence: No
HOA Contact Info: 252-261-1200
Rental Income
Annual Rental Income: 330890
Rental Performance: 0.1003
Listing Agent Remarks
Close now and collect the 2021 rental income without the carrying cost! Luxurious and recently renovated Pine Island oceanfront home with panoramic Ocean to Sound views on Pine Island's coveted Salt House Road. With all the updates, this home is PROJECTED TO GENERATE OVER $330,000 IN ANNUAL INCOME. Tons of major upgrades including all NEW siding, NEW roof, NEW HVACs, NEW appliances, resurfaced pool, NEW furniture inside and out, NEW paint and flooring and more! This exquisite home boasts nine bedrooms-all of which are masters with private baths, three half baths, an elevator, private heated pool and hot tub on the oceanside, game room with pool table and shuffleboard, theatre room and private beach access! The gourmet kitchen features granite countertops, stainless steel appliances, double ovens, and a large island with seating. Ocean views throughout! The great room has cathedral ceilings and windows galore to showcase the views and let in natural light, and the tasteful dining area has views of the Atlantic Ocean and of the Currituck Sound that spans for miles over the undeveloped Audubon Protected land to the west boasting amazing sunsets. This home has it all! A sound investment opportunity in the coveted area of South Pine Island with private beach access, and where you're just minutes away from downtown Duck and Corolla. Owners and guests can also enjoy the nearby community amenities including tennis courts, playgrounds, community pools, basketball courts, and access to the Pine Island Swim and Racquet club with indoor tennis. New pictures of the updated exterior and enlarged pool area coming soon.
Directions
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or have any questions about buying or selling real estate on the Outer Banks call Shore Realty. Local
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