NOT LISTED FOR SALE

618 Cottage Ln Corolla, NC 27927

Estimated Value: $877,000 - $902,000

4 Beds
4.5 Baths
2,748 Sq Ft
$326/Sq Ft Est. Value

Last Sold July 23, 2021

Last sale price $680,000 $247 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $5,329/month

1 Day on Market

Highlights

  • Ocean View
  • Golf Course Community
  • Gated Community
  • Health Club
  • In Ground Pool
  • Second Refrigerator

About This Home

As of July 2021

Amazing Investment, Primary, or Second Home with Ocean and Sound views! This beautiful home is located within The Cottages neighborhood in The Currituck Club, a favorite vacation destination spot on the northern Outer Banks loaded with community amenities. Tee to Shining Sea sits at the first tee box of the Rees Jones designed golf course, and is centrally located to Corolla’s many wonderful restaurants, shops, and outdoor activities. Spacious decks offer ocean, sound and golf views from this high-elevation Corolla retreat. Sized "just right" this four bedroom, four full bath (one bath has a tub) and one half bath home features 3 Master Suites with luxury custom-tiled showers. Reverse floor plan with large open concept kitchen, dining, and great room, plus office nook and ship’s watch. Levolor blinds throughout. New carpet in 2019. Other amenities include: private pool and hot tub, wet bar, air hockey table, Pac Man arcade game, gas fireplace, outside shower, interior surround sound and outdoor sound system, and garage. This home is in the X flood zone with no flood insurance requirement. Rental income attached in docs. 2020's advertised rent was $64,399, and YTD 2021 is already at $58,149! PDF floorplan of all 3 floors in Associated Docs. This one won't last long!

Last Agent to Sell the Property

Mike Meola

Village Realty Holdings, LLC - License #311863 Listed on: 06/06/2021

Last Buyer's Agent

Mark Pearson

Real Broker, LLC License #224976

Real Broker, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,626

Year Built

  • Built in 2007

Lot Details

  • Property fronts a private road
  • Fenced Yard

HOA Fees

  • $277 Monthly HOA Fees

Property Views

  • Ocean
  • Views of a Sound
  • Golf Course

Home Design

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

Interior Spaces

  • 2,748 Sq Ft Home
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Loft
  • Game Room
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Second Refrigerator
  • Freezer
  • Ice Maker
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Garage
  • Garage Door Opener
  • Off-Street Parking

Pool

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

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Exterior Lighting

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District for Water and Sewer

Listing and Financial Details

  • Tax Lot 7

Community Details

Overview

  • Association fees include common electric, common insurance, grounds maintenance, road maintenance, security, walkways
  • Heidi Corsello Gm Association, Phone Number (252) 453-4011
  • Tcc Currituck Cottages Subdivision

Recreation

  • Golf Course Community
  • Health Club
  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,626

Year Built

Built in 2007

Lot Details

0

HOA Fees

$277 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Extras: Ceiling Fan(s), Covered Decks, Fenced Yard, Garage Door Opener, Hot Tub, Outside Lighting, Outside Shower, Smoke Detector(s), Sun Deck, Inside Laundry Room
  • Flood Zone: X
  • Headline: Ocean & Sound views, Great ROI
  • Heated Sq Ft: 2748
  • L V T Date: 06/06/2021
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Waterfront Location: More than 5th row
  • Zoning: Res
  • Advertised Income 2020: 64399
  • Advertised Income 2021: 58129
  • Deed Book Pg Number: 352
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Major Subdivision: The Currituck Club
  • Newpoint Media: Yes
  • Office License Number: C26996
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Freezer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer, 2nd Refrigerator
  • Bedrooms: 4
  • Countertops: Granite
  • Electronic Locks: Leased
  • Floor Coverings: Carpet, Tile, Hardwood
  • Foundation: Piling
  • Full Bathrooms: 4
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Dryer Connection, Gas Fireplace, Ensuite, Some Windows Treated, Walk in Closet, Washer Connection, Wet Bar
  • Optional Rooms: Game Room, Loft, Office, Shipswatch
  • Partial Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: Attached
  • Parking: Off Street

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Common Electric, Common Insurance, Grounds Maintenance, Road Maintenance, Security, Walkways
  • Association Amenities: Clubhouse, Gated Community, Golf Course, Health Club, Outdoor-Comm. Pool
  • Association Fee: Yes
  • Estimated Annual Fee: 3320
  • Hoa Contact: Heidi Corsello GM
  • HOA Contact: 2524534011

Lot Info

  • Lot Description: Golf Course Frontage
  • Lot Number: Lot 7
  • Deed Book: 1564

Rental Info

  • Rental Co: Village Realty
  • Rental Cottage Name: Tee to Shining Sea
  • Rental Cottage Number: TC02
  • Rental Phone Number: 8004418533
  • Rental Turnover Day: Saturday
  • Rental Contact Email: alyissamcdonald@villagerealty.com
  • Rental Contact Phone: 2524804741

Building Info

  • Year Built: 2007

Tax Info

  • Year: 2021
  • Taxes: 2626.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 22, 2022
Sold by
Dannenfelser David A
Bought by
Dannenfelser Family Trust
Current Estimated Value
$894,670

Purchase Details

Listed on
Jun 6, 2021
Closed on
Jul 23, 2021
Sold by
Norlin Sheila M
Bought by
Dannenfelser David and Dannenfelser Lisa
Seller's Agent
Mike Meola
Village Realty Holdings, LLC -
Buyer's Agent
Mark Pearson
Real Broker, LLC
List Price
$649,000
Sold Price
$680,000
Premium/Discount to List
$31,000
4.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.37%
Original Mortgage
$405,000
Interest Rate
2.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 3, 2007
Sold by
Epc Nc 65 Llc
Bought by
Norlin Bernard J and Norlin Sheila M

Purchase Details

Closed on
Apr 9, 2007
Sold by
Mancuso Development Inc
Bought by
Epc Nc 65 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$636,000
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dannenfelser Family Trust -- Johnson Gasink & Baxter Llp
Dannenfelser David $680,000 Casey& Robbins Pc
Norlin Bernard J -- None Available
Epc Nc 65 Llc $238,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dannenfelser David $405,000
Previous Owner Epc Nc 65 Llc $636,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/23/2021 07/23/21 Sold $680,000 +4.8% $247 / Sq Ft
06/07/2021 06/07/21 Pending -- -- --
06/06/2021 06/06/21 For Sale $649,000 -- $236 / 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
2025 $4,552 $558,800 $110,000 $448,800
2024 $4,536 $558,800 $110,000 $448,800
2023 $4,069 $558,800 $110,000 $448,800
2022 $3,400 $558,800 $110,000 $448,800
2021 $3,397 $427,100 $110,000 $317,100
2020 $2,626 $427,100 $110,000 $317,100
2019 $2,618 $427,100 $110,000 $317,100
2018 $2,618 $427,100 $110,000 $317,100
2017 $2,384 $427,100 $110,000 $317,100
2016 $2,384 $427,100 $110,000 $317,100
2015 $2,384 $427,100 $110,000 $317,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 114709

Outer Banks Association of REALTORS®

APN: 117C-000-0007-0000