NOT LISTED FOR SALE

416 Myrtle Pond Rd Corolla, NC 27927

Corolla Neighborhood

Estimated Value: $1,724,000 - $1,906,000

8 Beds
9 Baths
4,400 Sq Ft
$410/Sq Ft Est. Value

Last Sold August 28, 2017

Last sale price $825,000 $188 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $10,614/month

545 Days on Market

Highlights

  • Community Beach Access
  • In Ground Pool
  • Cathedral Ceiling
  • Ocean View
  • Second Refrigerator
  • Main Floor Bedroom

About This Home

As of August 2017

This custom built, well-maintained, and tastefully decorated home is located in prestigious Pine Island, just a short walk to the beach, community pool, and tennis courts. On the upper level, a master bedroom with private deck, a spacious greatroom w/cathedral ceilings featuring the living area w/gas fireplace & built-in entertainment center, dining area, tiled kitchen w/raised bar seating & breakfast area, a half bath, screened porch, ship's watch, and open sun decks with ocean views. The middle level offers four master bedrooms, all with access to wrap-around covered decks. On the ground level, another master bedroom, two bedrooms sharing a full bath, a spacious rec room w/pool table & kitchenette, a cabana half bath, washer/dryer, and a spacious fenced-in patio with private pool. Between the ground & middle levels is a tiled entry foyer. Close to shops, restaurants, and the Currituck Club Golf Course.

Last Agent to Sell the Property

Martha Springer

Twiddy and Company - Corolla License #135162 Listed on: 01/08/2016

Last Buyer's Agent

Len Cusato

Keller Williams - Outer Banks License #284979

Keller Williams - Outer Banks

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,656

Year Built

  • Built in 1999

Lot Details

  • 0.53 Acre Lot
  • Property fronts a private road
  • Property is zoned Res.

HOA Fees

  • $242 Monthly HOA Fees

Parking

  • Paved Parking

Home Design

  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 4,400 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Living Room
  • Dining Room
  • Game Room
  • Screened Porch
  • Utility Room
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Second Refrigerator
  • Ice Maker
  • Second Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Outdoor Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District for Water and Sewer

Listing and Financial Details

  • Tax Lot #103

Community Details

Overview

  • Association fees include management, road maintenance, security, tennis courts, walkways
  • Pine Island Pud Subdivision

Recreation

  • Community Beach Access
  • Tennis Courts
  • Indoor Tennis Courts
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,656

Year Built

Built in 1999

Lot Details

0

HOA Fees

$242 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: E on Black Pine(main entrance) right on Myrtle Pond 4th house on right before Deep Neck Rd.
  • Extras: Beach Access, Ceiling Fan(s), Common Laundry Area, Covered Decks, Hot Tub, Outside Lighting, Outside Shower, Screened Porch, Sun Deck
  • Flood Zone: X
  • Subdivision Name: Pine Island
  • Headline: Price Reduction!
  • Heated Sq Ft: 4400
  • L V T Date: 01/08/2016
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Section: 2
  • Waterfront Location: 2 - lots from oceanfront (3rd row
  • Zoning: Res.
  • Deed Book Pg Number: 286
  • Office License Number: C4556
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer, 2nd Dishwasher, 2nd Refrigerator
  • Bedrooms: 8
  • Bedroom 1: On Level: 3
  • Bedroom 2: On Level: 2
  • Bedroom 3: On Level: 2
  • Bedroom 4: On Level: 2
  • Bedroom 5: On Level: 2
  • Bedroom 6: On Level: 1
  • Bedroom 7: On Level: 1
  • Bedroom 8: On Level: 1
  • Kitchen: On Level: 3
  • Floor Coverings: Carpet, Tile
  • Foundation: Piling
  • Full Bathrooms: 7
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Gas Fireplace, Ensuite
  • Dining Room: On Level: 3
  • Game Room: On Level: 1
  • Living Room: On Level: 3
  • Optional Rooms: Game Room, Shipswatch
  • Partial Bathrooms: 2

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool: Private and Association
  • Pool Type: Outdoor, In Ground, Private Pool, Association Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Parking: Paved

Utilities

  • Cooling: Central, Heat Pump
  • Heating: Central, Heat Pump
  • Sewer/Septic System: Municipal Sewer
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Management, Road Maintenance, Security, Tennis Courts, Walkways
  • Association Amenities: Indoor-Comm. Tennis, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground
  • Association Fee: Yes
  • Estimated Annual Fee: 2900
  • Home Owner Dwelling Insurance: 5830

Lot Info

  • Estimated Lot Sq Ft: 23111
  • Lot Faces: E
  • Lot Number: Lot#103
  • Deed Book: 673

Rental Info

  • Lease Terms: Weekly
  • Poolspa Expense: 3190
  • Rental Co: Carolina Designs
  • Rental Cottage Name: Cloud 10
  • Rental Cottage Number: 416
  • Rental Phone Number: 252-261-3934
  • Rental Turnover Day: Sat.
  • Yearly Expense Actual Estimate: Actual
  • Annual Electric: 4400
  • Annual Telephone Expense: 684
  • Annual Water Expense: 1440

Building Info

  • Year Built: 1999

Tax Info

  • Year: 2015
  • Taxes: 4656

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2016
Closed on
Aug 16, 2017
Sold by
Cloud Ten Llc
Bought by
Mason Robert E and Mason Catherine A
Seller's Agent
Martha Springer
Twiddy and Company - Corolla
Buyer's Agent
Len Cusato
Keller Williams - Outer Banks
List Price
$999,500
Sold Price
$825,000
Premium/Discount to List
-$174,500
-17.46%
Current Estimated Value
$1,804,611

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$979,611
Avg. Annual Appreciation
10.22%
Original Mortgage
$318,400
Interest Rate
3.92%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 9, 2003
Bought by
Cloud Ten Llc
Source: Public Records

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
Mason Robert E $825,000 Attorney
Cloud Ten Llc $1,180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mason Robert B $725,500
Closed Mason Robert B $77,000
Closed Mason Robert B $318,400
Closed Mason Robert E $424,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2017 08/28/17 Sold $825,000 -8.3% $188 / Sq Ft
07/06/2017 07/06/17 Pending -- -- --
06/02/2017 06/02/17 Price Changed $899,500 -10.0% $204 / Sq Ft
01/08/2016 01/08/16 For Sale $999,500 -- $227 / 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 $7,379 $961,300 $440,000 $521,300
2023 $7,379 $961,300 $440,000 $521,300
2022 $5,473 $961,500 $440,000 $521,500
2021 $5,458 $902,800 $400,000 $502,800
2020 $5,188 $902,800 $400,000 $502,800
2019 $5,188 $902,800 $400,000 $502,800
2018 $5,188 $902,800 $400,000 $502,800
2017 $4,611 $902,800 $400,000 $502,800
2016 $4,612 $902,800 $400,000 $502,800
2015 $4,612 $902,800 $400,000 $502,800
Source: Public Records

Agents Affiliated with this Home

  • Martha Springer

    Seller's Agent in 2017

    Martha Springer

    Twiddy and Company - Corolla

    (252) 982-6045

    97 in this area

    132 Total Sales

    Martha Springer
    Section Image
  • Len Cusato

    Buyer's Agent in 2017

    Len Cusato

    Keller Williams - Outer Banks

    (252) 489-3065

    42 in this area

    173 Total Sales

    Len Cusato
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 90701

Outer Banks Association of REALTORS®

APN: 127C-000-0103-0000

North Carolina Currituck County Corolla 27927 Corolla

416 Myrtle Pond Rd, Corolla, NC

This home is located at 416 Myrtle Pond Rd, Corolla, NC 27927 since 08 January 2016 and is currently estimated at $1,804,611, approximately $410 per square foot. This property was built in 1999. 416 Myrtle Pond Rd is a home located in Currituck County with nearby schools including Knotts Island Elementary School, Currituck County Middle School, and Currituck County High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Outer Banks Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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