Listing Details For 398 Deep Neck Road in Corolla

Closing Price:
$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

(none)

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 398 Deep Neck Road in Corolla is provided courtesy of ROG OBX, Inc . 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 398 Deep Neck 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.

Looking for more info about this property or another OBX properties?

We can answer all your questions. Call DIRECT 800-647-1868 or fill out this form and let us know what you need, so we can start to help. It is easier than you think.
Level of Interest
For Immediate Service
252-441-3416 (Local OBX)
800-647-1868 (Toll Free)