Closing Price:
$1,499,000
$1,499,000
398 Deep Neck Road,
Corolla, NC 27927
6 bd
5 ba
3625 sq ft
MLS #: 122918
Status: Closed
Sold Details
Status: Closed
Sold Price: $1,499,000.00
Closing Date: 9/12/2023
Contract Date: 8/7/2023
Seller Concessions: Yes
Concession Comments: $34,925 seller credit for repairs
Total Days on Market:
Cumulative Days on Market: 11
Due Diligence Date: 9/5/2023
Listing Information
Area: Corolla Oceanside
Mls Status: Closed
Days On Market: 11
Cumulative Days On Market: 11
Listing Price: $1,499,000
Original Listing Price: $1,499,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 7/27/2023
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell
Building Details
Primary Heated Living Area Sq Ft: 3625
Asking Price Per SqFt: $414.00
Heated Living Area Sq Ft: 3625
BedroomsTotal: 6
Bathrooms Full: 5
Bathrooms Partial: 2
Year Built: 1994
Garage: Carport
Architectural Style: Reverse Floor Plan, Coastal
Sub Type: Single Family Residence
Appliances: 2nd Dishwasher, 2nd Refrigerator, Dryer, Dishwasher, Refrigerator w/Ice Maker, Range/Oven, Washer
Roof: Asphalt
Parking: Paved, Underground
Foundation: Piling
Pool: Yes
Pool Type: Private and Association
Pool Features: Association, In Ground, Outdoor Pool, Private
Counter Tops: Granite
Cooling: Central Air, Heat Pump, Zoned
Interior Features: Cathedral Ceiling(s), Walk-In Closet(s)
Heating: Central, Heat Pump, Zoned
Room Type: Game Room, Loft
Flooring: Carpet, Ceramic Tile, Hardwood
Construction Materials: Frame, Wood Siding
Legal Description
County: Currituck
Subdivision: Pine Island Pud
Deed Book: 858
Deed Book Page Number: 464
County Pin Number: 127C00001550000
Price Change: 9/11/2023
Road Surface: Paved, Private
Association Amenities: Common Area, Fitness Center, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground
Lot Details
Waterfront: Semi-Oceanfront (2nd row)
View: Ocean
Property Type: Residential
Property Expenses & Utilities
Tax Year: 2022
Annual Property Taxes: $5,513.00
Home Oner Insurance Expense: 13395
Flood Zone: X
Other Insurance: 1410
Water Source: Municipal
Yearly Water Expense: 872
Pool Or Spa Expense: 5178
Yearly Elecric Expense: 3750
Yearly Cable Tv Expense: 2480
Contract Status Change Date: 9/12/2023
Estimated Annual Fee Amt: $3,085.00
Sewer: Public Sewer
Septic Fee: 506
Association Fee Includes: Management, Pool, Road Maintenance, Tennis Courts, Walkways
Association Fee Yes or No: Yes
Financials
Bank/Institution Owned: No
Exterior: Shakes
Extras: Beach Access,Ceiling Fan(s),Covered Decks,Hot Tub,Jet Tub,Outside Shower,Sun Deck,Dry Entry
Fuel Tanks: Leased
HOA Contact Name: Seaside Management
Primary Residence: No
HOA Contact Info: 252-261-1200
Rental Income
Annual Rental Income: 125000
Rental Performance: 0.0834
Avertised Income 2023 Amount: 88308
Avertised Income 2021 Amount: 117263
Listing Agent Remarks
Breathtaking beach home with ocean views! This rare second row semi-oceanfront home design offers endless space both inside and out to relax and unwind, play and take in the beautiful surroundings in the highly sought after community of Pine Island. Effortlessly stroll to the beach with access directly across from your front door or spend the day lounging in your tree surrounded private back yard oasis with large pool, hot tub and shaded pergola. The reverse floor plan offers ample space with 6 large bedrooms, 5 full bathrooms and 2 half baths. The lower level includes a primary bedroom + ensuite, bunk room + ensuite, half bath, den + laundry, game room, movie room with a kitchenette and dining space. The mid level includes 3 large bedrooms with two of them having an attached ensuite. The upper level includes a private primary bedroom + ensuite, grand living space with ocean views, lookout loft, half bath, kitchen and dining room. Recent updates include a brand new roof, new upper level decking, new outdoor stairs, newer 2021 hot tub, HVAC units replaced in 2018 & 2019. This home has been a solid rental performer and the 2024 season projection is $125K! Do not miss this opportunity! The Pine Island community offers incredible amenities: beach club, health club, outdoor community pool, racquet and fitness center, and walking trails.
Directions
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