Closing Price:
$1,350,000
475 Island Lead Road, Corolla, NC 27927
6 bd
5 ba
3462 sq ft
MLS #: 117465
Status: Closed

Sold Details

Status: Closed
Sold Price: $1,300,000.00
Closing Date: 6/17/2022
Contract Date: 2/2/2022
Seller Concessions: No
Total Days on Market:
Cumulative Days on Market: 3
Due Diligence Date: 3/14/2022

Listing Information

Area: Corolla Oceanside
Mls Status: Closed
Days On Market: 3
Cumulative Days On Market: 3
Listing Price: $1,350,000
Original Listing Price: $1,350,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 6/21/2022
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 3462
Asking Price Per SqFt: $390.00
Heated Living Area Sq Ft: 3462
BedroomsTotal: 6
Bathrooms Full: 5
Bathrooms Partial: 1
Year Built: 1997
Garage: 1 Car,Attached,Carport
Sub Type: Single Family Residence
Appliances: 2nd Refrigerator, Dryer, Dishwasher, Microwave, Refrigerator, Range/Oven, Washer
Roof: Asphalt
Parking: Off Street, Paved
Foundation: Piling, Slab
Pool: Yes
Pool Type: Private and Association
Pool Features: Association, In Ground, Outdoor Pool, Private
Cooling: Central Air, Heat Pump
Interior Features: Cedar Closet(s), Pantry, Wet Bar
Heating: Central, Heat Pump
Room Type: Breakfast Nook, Game Room, Pantry
Flooring: Carpet, Hardwood, Tile, Vinyl
Construction Materials: Frame, Wood Siding

Legal Description

County: Currituck
Subdivision: Pine Island Pud
Deed Book: 1548
Deed Book Page Number: 893
County Pin Number: 127C00001620000
Price Change: 6/20/2022
Road Surface: Paved, Private
Association Amenities: Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground

Lot Details

Lot Features: Cul-De-Sac
Waterfront: 2 - lots from oceanfront (3rd row
View: Ocean
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2021
Annual Property Taxes: $4,721.00
Flood Zone: X
Water Source: Municipal
Contract Status Change Date: 6/21/2022
Estimated Annual Fee Amt: $2,921.00
Sewer: Public Sewer
Association Fee Includes: Management, Pool, Road Maintenance, Security, Tennis Courts, Walkways
Association Fee Yes or No: Yes

Financials

Bank/Institution Owned: No
Exterior: Cement Fiber Board
Extras: Beach Access,Ceiling Fan(s),Covered Decks,Hot Tub,Jet Tub,Outside Shower,Sun Deck,Dry Entry,Inside Laundry Room
Fuel Tanks: Leased
HOA Contact Name: Seaside Management
Primary Residence: No
HOA Contact Info: 252-261-1200

Rental Income

Annual Rental Income: 114900
Rental Performance: 0.0884
Avertised Income 2021 Amount: 78605
Avertised Income 2021 Amount: 77779

Listing Agent Remarks

Great investment opportunity in the sought after Pine Island community of Corolla! Situated on a third row parcel and quiet cul-de- sac, this home offers privacy from surrounding live oaks and the convenience of beach access just steps away. With a custom private pool and stamped concrete pool deck, hot tub with built-in cover lift, volleyball court, and climbing ball, this home has every exterior amenity under the sun for a fun-filled vacation. On the top floor, an open concept living space with high ceilings, a gas fireplace, and recently replaced east living wall with surrounding windows boasts natural light & stunning views of the ocean. A spacious kitchen with island, dining & breakfast seating, a half bath, and master en suite with a jacuzzi tub & direct deck access. On the second level, two master en suites, and two spacious bedrooms, a full bath, and surrounding shaded decks. On the first floor, a game room and wet bar with full refrigerator & microwave, laundry room, bedroom with direct porch access, and full bath. Enjoy the extensive Pine Island community amenity list from an oceanfront pool, to community tennis courts, multi-use paths, playground, and year-round security.

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 Twiddy and Company - Corolla C: 704-936-6456. 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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