NOT LISTED FOR SALE

Estimated Value: $1,009,000 - $1,092,133

5 Beds
4.5 Baths
3,000 Sq Ft
$354/Sq Ft Est. Value

Last Sold May 16, 2012

Last sale price $500,000 $167 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $6,413/month

30 Days on Market

Highlights

  • Community Beach Access
  • Golf Course Community
  • Gated Community
  • Health Club
  • Home fronts a sound
  • 34,196 Sq Ft lot

About This Home

As of May 2012

BANK OWNED IN THE CURRITUCK CLUB ... TUCKED INTO THE SOUTH END OF THIS UPSCALE BEAUTIFUL GOLFING COMMUNITY IN THE NORTHERN OUTER BANKS - IN COROLLA *** HOME FEATURES HIGH CEILINGS, HARDWOOD FLOORS, GAS FIREPLACE, GRANITE COUNTERS IN KITCHEN, EXCELLENT LIGHTING, MULTIPLE MASTER BEDROOMS, GAME ROOM, OFFICE/5TH BEDROOM, SHIPS WATCH LOFT, LAUNDRY ROOM, WET BAR, PANTRY, 2 CAR GARAGE, LARGE VINYL LINER POOL (LINER NEEDS REPLACEMENT), UPGRADED PLASTIC RAILINGS (ALL), LARGE YARD (34,196 SQUARE FEET)APPROXIMATELY 3/4 ACRE WHICH IS VERY UNUSUAL IN THE CURRITUCK CLUB, LONG SPACIOUS DRIVEWAY FOR LARGE NUMBER OF VEHICLES *** LANDSCAPED, PRIVATE CUL-DE-SAC LOCATION JUST 1 BACK FROM SOUNDFRONT *** (LAST 6 PHOTOS ARE AN EXAMPLE ONLY OF WHAT HOME WOULD LOOK LIKE WITH FURNISHINGS AND WITH POOL AT PEAK) *** HOME IS BEING OFFERED IN AS-IS CONDITION UNFURNISHED AND BY SPECIAL WARRANTY DEED *** BB&T SALES CONTRACT ADDENDUM REQUIRED TO BE SUBMITTED WITH PURCHASE OFFER *** CALL OR EMAIL AGENT FOR OVER 50 PHOTO ARRAY.

Last Agent to Sell the Property

John Leatherwood

Coldwell Banker Seaside Realty KH License #86507 Listed on: 03/21/2012

Coldwell Banker Seaside Realty KH

Co-Listed By

Lisa Strydom

Coldwell Banker Seaside Realty KH License #249050

Last Buyer's Agent

Robert Godley

Kitty Hawk Land Company License #185619

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,063

Year Built

  • Built in 2003

Lot Details

  • 0.79 Acre Lot
  • Home fronts a sound
  • Property fronts a private road
  • Cul-De-Sac
  • Fenced Yard
  • Landscaped
  • Level Lot
  • Sprinkler System

HOA Fees

  • $216 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 3,000 Sq Ft Home
  • Wet Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Loft
  • Game Room
  • Screened Porch
  • Utility Room
  • Washer and Dryer Hookup

Kitchen

  • Plumbed For Ice Maker
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

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

Pool

  • Outdoor Shower
  • Vinyl Pool

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Exterior Lighting

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Private Water Source
  • Private Sewer

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 15

Community Details

Overview

  • Association fees include common electric, common insurance, management, road maintenance, security, tennis courts
  • Adlam Management Association, Phone Number (252) 441-8857
  • Tcc Currituck Club Subdivision

Recreation

  • Community Beach Access
  • Golf Course Community
  • Health Club
  • Tennis Courts
  • Community Playground
  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,063

Year Built

Built in 2003

Lot Details

0

HOA Fees

$216 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Bank Owned: Yes
  • Directions: N on Hwy 12, L-Curr. Clubhouse Dr, L-Hunt Club Dr, R-Brown Pelican Ct, 1st R- Night Heron Ct. on R.
  • Extras: Ceiling Fan(s), Covered Decks, Fenced Yard, Garage Door Opener, Landscaped, Lawn Sprinklers, Outside Lighting, Outside Shower, Screened Porch, Security System, Smoke Detector(s), Sun Deck
  • Flood Zone: AE
  • Subdivision Name: The Currituck Club
  • Headline: Bank Owned in TCC
  • Heated Sq Ft: 3000
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Waterfront Location: Semi-Soundfront
  • Zoning: R
  • Deed Book Pg Number: 0341
  • Major Subdivision: The Currituck Club
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Bedroom 1: MASTER, On Level: 3
  • Bedroom 2: MASTER, On Level: 2
  • Bedroom 3: YES!, On Level: 2
  • Bedroom 4: YES!, On Level: 2
  • Bedroom 5: COULD BE 5, On Level: 1
  • Kitchen: GRANITE CO, On Level: 3
  • Countertops: Granite
  • Floor Coverings: Carpet, Ceramic Tile, Hardwood
  • Foundation: Piling, Slab
  • Full Bathrooms: 4
  • Interior Amenities: 9' Ceilings, Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Pantry, Walk in Closet, Washer Connection, Wet Bar
  • Dining Room: NICE!, On Level: 3
  • Family Room: MID LEVEL, On Level: 2
  • Game Room: OPENTOPOOL, On Level: 1
  • Living Room: SPACIOUS!, On Level: 3
  • Optional Rooms: Game Room, Loft, Office, Utility Room
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool Type: Outdoor, Vinyl
  • Roof: Asphalt/Fiber Shingle
  • Screen Porch Size: WONDERFUL!
  • Sun Deck Size: LOTS!

Garage/Parking

  • Garage: 2 Car
  • Garage Sq Ft: 600
  • Parking: Off Street

Utilities

  • Cooling: Central, Heat Pump, Zoned
  • Heating: Central, Electric, Heat Pump, Zoned
  • Sewer/Septic System: Private Sewer
  • Water: Private

Condo/Co-op/Association

  • HOA Fee Includes: Common Electric, Common Insurance, Management, Road Maintenance, Security, Tennis Courts
  • Association Amenities: Clubhouse, Gated Community, Golf Course, Health Club, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground
  • Association Fee: Yes
  • Estimated Annual Fee: 2590
  • Hoa Contact: ADLAM MANAGEMENT
  • HOA Contact: 252-441-8857

Lot Info

  • Estimated Lot Sq Ft: 34196
  • Lot Description: Cul-de-sac, Level
  • Lot Faces: W
  • Lot Number: Lot 15
  • Deed Book: 1188

Rental Info

  • Est Annual Rental Income: 32200
  • Estimated Rental Performance: 0.0644
  • Other Expenses: 350000

Building Info

  • Year Built: 2003

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2011
  • Taxes: 3063

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2012
Closed on
May 11, 2012
Sold by
Branch Banking & Trust Company
Bought by
Greene Richard and Greene Colleen C
Seller's Agent
John Leatherwood
Coldwell Banker Seaside Realty KH
Buyer's Agent
Robert Godley
Kitty Hawk Land Company
List Price
$545,000
Sold Price
$500,000
Premium/Discount to List
-$45,000
-8.26%
Current Estimated Value
$1,062,783

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$562,783
Avg. Annual Appreciation
5.83%
Original Mortgage
$400,000
Outstanding Balance
$267,205
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$795,578

Purchase Details

Closed on
Feb 6, 2012
Sold by
Gad William E and Gadd Constance S
Bought by
Branch Banking & Trust Company
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
Greene Richard $500,000 None Available
Branch Banking & Trust Company $454,094 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Greene Richard $400,000
Previous Owner Gadd William E $150,000
Previous Owner Gadd William E $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2012 05/16/12 Sold $500,000 -8.3% $167 / Sq Ft
04/20/2012 04/20/12 Pending -- -- --
03/21/2012 03/21/12 For Sale $545,000 -- $182 / 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 $5,003 $619,800 $55,000 $564,800
2023 $5,003 $619,800 $55,000 $564,800
2022 $3,741 $619,800 $55,000 $564,800
2021 $3,726 $499,600 $70,000 $429,600
2020 $3,032 $499,600 $70,000 $429,600
2019 $3,032 $499,600 $70,000 $429,600
2018 $3,032 $499,600 $70,000 $429,600
2017 $2,751 $499,600 $70,000 $429,600
2016 $2,751 $499,600 $70,000 $429,600
2015 $2,761 $499,600 $70,000 $429,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 74125

Outer Banks Association of REALTORS®

APN: 117A-000-0015-0000