Listing Details For 450 Myrtle Pond Road in Corolla

Closing Price:
$1,350,000
450 Myrtle Pond Road, Corolla, NC 27927
9 bd
8 ba
4855 sq ft
MLS #: 114188
Status: Closed

Sold Details

Status: Closed
Sold Price: $1,275,000.00
Closing Date: 7/9/2021
Contract Date: 5/25/2021
Seller Concessions: Yes
Concession Comments: $5K closing cost credit to buyer
Total Days on Market:
Cumulative Days on Market: 25
Due Diligence Date: 7/4/2021

Listing Information

Area: Corolla Oceanside
Mls Status: Closed
Days On Market: 22
Cumulative Days On Market: 25
Listing Price: $1,350,000
Original Listing Price: $1,350,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 7/10/2021
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 4855
Asking Price Per SqFt: $278.00
Heated Living Area Sq Ft: 4855
BedroomsTotal: 9
Bathrooms Full: 8
Bathrooms Partial: 2
Year Built: 2004
Architectural Style: Contemporary, Reverse Floor Plan, Coastal
Sub Type: Single Family Residence
Appliances: 2nd Dishwasher, 2nd Refrigerator, Dryer, Dishwasher, Microwave, Refrigerator w/Ice Maker, Range/Oven, Washer
Roof: Asphalt
Parking: Off Street, Paved
Pool: Yes
Pool Type: Private and Association
Pool Features: Concrete, Association, Heated, In Ground, Outdoor Pool, Private
Cooling: Central Air, Heat Pump
Heating: Central, Heat Pump
Room Type: Foyer, Game Room, Loft
Flooring: Carpet, Tile, Vinyl Tile

Legal Description

County: Currituck
Subdivision: Pine Island Pud
Deed Book: 1143
Deed Book Page Number: 71
County Pin Number: 127C00001200000
Price Change: 7/9/2021
Road Surface: Paved
Association Amenities: Fitness Center, Indoor-Comm. Tennis, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground, Park

Lot Details

Lot Features: Corner Lot, Level
Waterfront: More than 5th row
View: Ocean
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2020
Annual Property Taxes: $5,490.00
Home Oner Insurance Expense: 7384
Flood Zone: X
Water Source: Municipal
Contract Status Change Date: 7/10/2021
Estimated Annual Fee Amt: $2,861.00
Sewer: Public Sewer
Association Fee Includes: Maintenance Grounds, Management, Pool, Tennis Courts, Walkways
Association Fee Yes or No: Yes

Financials

Bill Of Sale Amoung: 1
Bank/Institution Owned: No
Listing Restrictions: 1031 Tax Deferred Exch.
Extras: Beach Access,Ceiling Fan(s),Covered Decks,Elevator,Hot Tub,Landscaped,Outside Lighting,Outside Shower,Patio,Smoke Detector(s),Sun Deck,Inside Laundry Room
HOA Contact Name: Seaside Management
Primary Residence: No
HOA Contact Info: 252-261-1200

Rental Income

Annual Rental Income: 141803
Rental Performance: 0.1112
Avertised Income 2021 Amount: 141803

Listing Agent Remarks

STRONG rental investment with over $140K in rental income for 2021 in the prestigious neighborhood of Pine island, just a short walk to the beach! X Flood Zone-- no flood insurance required. Beautiful luxury home with all the amenities that renters appreciate-- including elevator, heated private pool, hot tub, volleyball court, gameroom with pool table and kitchenette, and plenty of large covered decks to relax and take in the ocean views! A solid investment opportunity and very well-maintained home that boasts with nine bedrooms total, seven of which are masters with a private bath. The reverse floorplan boasts a large comfortable living room with vaulted ceilings, dining room, and open kitchen with large island on the top level, along with the main master bedroom suite. A captain's watch/loft area with a queen sleeper sofa offers another great gathering space to take in the views! The mid-level has three king master bedrooms and two more bedrooms with bunk beds and a full bath. The lower level has three king master bedrooms, a rec room with a pool table and foosball table, wet bar and refrigerator, the laundry room and a half bath with easy access to the pool area. You can access the recreation room from the lower level and the pool. The large 16x32 pool and hot tub area is fenced for privacy and just beyond is the volleyball court!

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 450 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 450 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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