NOT LISTED FOR SALE

Estimated Value: $1,520,000 - $1,795,000

5 Beds
6.5 Baths
3,542 Sq Ft
$464/Sq Ft Est. Value

Last Sold July 28, 2023

Last sale price $1,705,000 $481 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $10,043/month

3 Days on Market

Highlights

  • Community Beach Access
  • Health Club
  • Home Theater
  • Views of a Sound
  • Home fronts a sound
  • Concrete Pool

About This Home

As of July 2023

Welcome to Sand & Pearl. Built in 2016 by renowned OBX custom builder Dave Stormont, this beautiful 5-bedroom retreat is located in the heart of Corolla Light, a wonderful ocean to sound community in nestled in the live oaks surrounding Corolla Village. This home boasts breathtaking panoramic views of the sunset over The Currituck Sound, offering a serene and picturesque backdrop to your everyday life. On the top level of this reverse floor plan home, you'll be greeted by a spacious and bright living area, perfect for relaxing, entertaining or just taking in the picturesque scenery overlooking the Currituck Sound. The open floor plan seamlessly connects the living room, dining area, and kitchen, providing ample space for your family and guests to mingle and enjoy each other's company. The kitchen is a chef's dream, complete with high-end appliances, custom cabinetry, and a large island with seating. The home features 5 bedrooms each equipped with their own private bathroom, totaling 6 full bathrooms and 1 half bathroom, ensuring that everyone has plenty of space and privacy. The bedrooms are spacious and comfortable, offering a peaceful retreat at the end of a long day. The newly remodeled living space on the ground level is decked out with a NEW custom bar, making it the perfect spot for entertaining or relaxing with friends and family. Step outside through the sliding glass door and you'll find a private pool and newly fenced-in backyard overlooking the Currituck Sound, providing the perfect spot for outdoor gatherings. This home is also equipped with an elevator with ground level entry (no stairs to climb), making it easily accessible for everyone. In addition to the amenities of this beautiful home, the Corolla Light community offers an array of activities and conveniences. Just a few of the highlights of this community are an indoor pool and sports complex, outdoor pools on the oceanfront and soundfront, a trolley service, and an oceanfront grill. Whether you're looking for a day of adventure or a relaxing afternoon by the pool, there's something for everyone in this wonderful community. This home has been METICULOUSLY maintained and functionally designed. It is only missing you! Don't miss this rare opportunity to own a soundfront home of this caliber in one of the most sought-after communities on the Outer Banks! More exterior pictures coming soon after new landscaping is completed.

Last Listed By

Four Seasons Realty

Four Seasons Realty License #177785 Listed on: 06/02/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,970

Year Built

  • Built in 2015

Lot Details

  • Home fronts a sound
  • Property fronts a private road
  • Fenced Yard
  • Landscaped
  • Level Lot
  • Property is zoned SFO

HOA Fees

  • $305 Monthly HOA Fees

Property Views

  • Views of a Sound
  • Pond Views

Home Design

  • Coastal Architecture
  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Lap Siding
  • Cement Board or Planked

Interior Spaces

  • 3,542 Sq Ft Home
  • Elevator
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Entrance Foyer
  • Home Theater
  • Screened Porch
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Second Dishwasher
  • Wine Cooler
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Carport
  • Garage Door Opener
  • Off-Street Parking

Accessible Home Design

  • Handicap Accessible

Pool

  • Concrete Pool
  • In Ground Pool
  • Outdoor Pool
  • Outdoor Shower

Outdoor Features

  • Covered Deck
  • Patio
  • Exterior Lighting
  • Tiki or Chickee Hut

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District Water
  • Fuel Tank
  • Community Sewer or Septic

Listing and Financial Details

  • Tax Lot 560

Community Details

Overview

  • Ben Stikeleather Association
  • Built by Stormont
  • Corolla Light Subdivision

Amenities

  • Common Area

Recreation

  • Community Beach Access
  • Health Club
  • Tennis Courts
  • Indoor Tennis Courts
  • Racquetball
  • Community Playground
  • Community Indoor Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,970

Year Built

Built in 2015

Lot Details

0

HOA Fees

$305 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Extras: Ceiling Fan(s), Covered Decks, Elevator, Fenced Yard, Garage Door Opener, Handicap Friendly, Landscaped, Outside Lighting, Outside Shower, Patio, Screened Porch, Smoke Detector(s), Tiki Bar
  • Flood Zone: X
  • Headline: Soundfront Stunner
  • Heated Sq Ft: 3542
  • L V T Date: 06/02/2023
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Waterfront Location: Soundfront
  • Zoning: SFO
  • Deed Book Pg Number: 299
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Major Subdivision: Corolla Light
  • Newpoint Media: Yes
  • Office License Number: C14915
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Ice Machine, Microwave, Range/Oven, Refrigerator, Washer, 2nd Dishwasher, Wine Cooler
  • Bedrooms: 5
  • Countertops: Granite
  • Electronic Locks: Owned
  • Floor Coverings: Carpet, Ceramic Tile, Hardwood
  • Full Bathrooms: 6
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Gas Fireplace, Ensuite, Wet Bar
  • Optional Rooms: Foyer, Media Room
  • Partial Bathrooms: 1

Exterior Features

  • Homebuilder: Stormont
  • Construction: Frame, Wood
  • Exterior: Lap Siding, Cement Fiber Board
  • Pool: Yes
  • Pool: Private and Association
  • Pool Type: Outdoor, In Ground, Concrete, Private Pool, Association Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Pond, Sound, Salt Marsh

Garage/Parking

  • Garage: 1 Car, Attached
  • Parking: Paved, Off Street

Utilities

  • Cooling: Central, Heat Pump
  • Heating: Central, Heat Pump
  • Fuel Tanks: Leased
  • Sewer/Septic System: Community Septic
  • Water: Municipal

Condo/Co-op/Association

  • Association Amenities: Health Club, Indoor-Comm. Pool, Indoor-Comm. Tennis, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground, Racquetball, Sound Access, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 3662
  • Hoa Contact: Ben Stikeleather
  • HOA Contact: ben@corolla-light.com

Lot Info

  • Lot Description: Level, Water Frontage
  • Lot Number: Lot 560
  • Deed Book: 1698

Rental Info

  • Est Annual Rental Income: 148000
  • Estimated Rental Performance: 0.0868
  • Rental Cottage Name: Sand and Pearl
  • Rental Turnover Day: Saturday
  • Rental Contact Email: dan@booksmartproperties.com
  • Rental Contact Name: Dan Tesser

Building Info

  • Year Built: 2015

Tax Info

  • Year: 2022
  • Taxes: 4970

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 14, 2024
Sold by
Young Brian E and Hale Robin A
Bought by
Tharpe Chet
Total Days on Market
3
Current Estimated Value
$1,644,912

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,360,000
Interest Rate
8.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 2, 2023
Closed on
Jul 25, 2023
Sold by
Schneider Michael G and Schneider Nancy J
Bought by
Young Brian E and Hale Robin A
Seller's Agent
Four Seasons Realty
Four Seasons Realty
Buyer's Agent
Holly Henry-West
Century 21 Nachman Realty
List Price
$1,695,000
Sold Price
$1,705,000
Premium/Discount to List
$10,000
0.59%
Views
10

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.03%
Original Mortgage
$726,200
Interest Rate
6.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 4, 2012
Sold by
Howard Mary Tabb Lynn and Howard William B
Bought by
Howard Mary Tabb Lynn and Mary Tabb Howard Trust

Purchase Details

Closed on
Apr 5, 2011
Sold by
Cbc Rentals Llc
Bought by
Howard Mary Tabb Lynn and Howard William B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,250
Interest Rate
4.92%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Tharpe Chet $1,700,000 None Listed On Document
Young Brian E $10,230,000 None Listed On Document
Howard Mary Tabb Lynn -- None Available
Howard Mary Tabb Lynn $275,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tharpe Chet $1,360,000
Closed Tharpe Chet $1,360,000
Previous Owner Young Brian E $726,200
Previous Owner Howard William B $609,000
Previous Owner Howard William B $550,000
Previous Owner Howard Mary Tabb Lynn $206,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2023 07/28/23 Sold $1,705,000 +0.6% $481 / Sq Ft
06/05/2023 06/05/23 Pending -- -- --
06/02/2023 06/02/23 For Sale $1,695,000 +13.8% $479 / Sq Ft
06/10/2022 06/10/22 Sold $1,490,000 0.0% $421 / Sq Ft
05/13/2022 05/13/22 Pending -- -- --
05/11/2022 05/11/22 Price Changed $1,490,000 -6.0% $421 / Sq Ft
05/01/2022 05/01/22 For Sale $1,585,000 -- $447 / Sq Ft
Source: Outer Banks Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,686 $887,800 $220,000 $667,800
2023 $6,686 $887,800 $220,000 $667,800
2022 $4,970 $887,800 $220,000 $667,800
2021 $4,955 $749,600 $200,000 $549,600
2020 $4,249 $749,600 $200,000 $549,600
2019 $4,392 $749,600 $200,000 $549,600
2018 $4,392 $747,600 $200,000 $547,600
2017 $3,887 $731,100 $200,000 $531,100
2016 $2,978 $568,400 $200,000 $368,400
2015 -- $200,000 $200,000 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Outer Banks Association of REALTORS®

MLS Number: 122419

Outer Banks Association of REALTORS®

APN: 115B-000-0560-0000