NOT LISTED FOR SALE

625 Cottage Ln Corolla, NC 27927

Estimated Value: $827,882 - $901,000

4 Beds
4.5 Baths
2,932 Sq Ft
$295/Sq Ft Est. Value

Last Sold November 06, 2017

Last sale price $500,000 $171 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $5,139/month

295 Days on Market

Highlights

  • Community Beach Access
  • Health Club
  • Second Refrigerator
  • Ocean View
  • Heated In Ground Pool
  • Coastal Architecture

About This Home

As of November 2017

Gorgeous and well maintained home in The Cottages at The Currituck Club! Wonderful Ocean Views! Closer to ocean than many Oceanside homes and is in walking distance to restaurants, grocery store and shopping. This home is not your average home at The Cottages. Home is large, has many upgrades and is sold with beautiful furnishings and decor. Top level is open living at its finest. One large room with vaulted ceilings; ocean views; large dining and living area; custom kitchen with granite counters, stainless appliances and custom cabinetry; separate loft and office nooks; gas fireplace; maple floors; tile floors in kitchen and more. Mid level has maple floors in the hall; 3 large master suites with master baths; custom tile showers and beautiful finishes; 2 master suites have access to the screened-in porch. Lower Level has access to the large 1 car garage; wonderful recreation room with kitchenette; access to the private heated pool; bedroom with full bath. Home is very well built with many beautiful features. Outside has a large fenced in private yard that has a paver stone patio adjacent to the heated pool. Home has covered porches for relaxing and of course, an outside shower. Extensive outdoor lighting and motion sensors. Great location in the TCC with lots of amenities including beach access, beach valet service and trolley service. Larger than other homes in The Cottages as the original plan was modified to enlarge two masters. This home is unique and a must see property. It is sold mostly furnished with just a few exclusions. This is a turn key property that is move in ready!

Last Agent to Sell the Property

Brad Beacham

Landmark Sotheby's Internation License #194377 Listed on: 12/07/2016

Landmark Sotheby's Internation

Last Buyer's Agent

Scott Wheeler

Celebration Realty License #274905

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,315

Year Built

  • Built in 2006

Lot Details

  • Property fronts a private road
  • Landscaped

HOA Fees

  • $274 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 2,932 Sq Ft Home
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Screened Porch
  • Ocean Views

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Carport

Pool

  • Heated In Ground Pool
  • Fiberglass Pool
  • Outdoor Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Covered Deck

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District Water
  • Fuel Tank
  • Private Sewer

Listing and Financial Details

  • Tax Lot 21

Community Details

Overview

  • Association fees include common electric, common insurance, grounds maintenance, management, pool
  • Tcc Currituck Cottages Subdivision

Recreation

  • Community Beach Access
  • Health Club
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,315

Year Built

Built in 2006

Lot Details

5,663 Sq Ft Lot

HOA Fees

$274 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Directions: Turn in to Main Entrance of The Currituck Club. Before Guard Gate, Turn left on Circle Drive then Left on Cottage Lane. House is on the Left.
  • Extras: Ceiling Fan(s), Covered Decks, Hot Tub, Landscaped, Outside Shower, Screened Porch, Sun Deck
  • Flood Zone: AE
  • Subdivision Name: The Currituck Club Phase 11 Currituck Cottages
  • Headline: Ocean Views--Pool-- Large Home
  • Heated Sq Ft: 2932
  • L V T Date: 12/10/2016
  • Phase: 11
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Zoning: Res
  • Deed Book Pg Number: 744
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Major Subdivision: The Currituck Club
  • Newpoint Media: Yes
  • Office License Number: C7166
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer, 2nd Refrigerator
  • Bedrooms: 4
  • Countertops: Granite
  • Electronic Locks: Leased
  • Floor Coverings: Carpet, Ceramic Tile, Hardwood
  • Foundation: Piling
  • Full Bathrooms: 4
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Gas Fireplace, Ensuite, Pantry, Wet Bar
  • Partial Bathrooms: 1

Exterior Features

  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Fiberglass, Heated, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Garage: 1 Car
  • Garage Sq Ft: 240

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Common Electric, Common Insurance, Grounds Maintenance, Management, Pool
  • Association Amenities: Health Club, Ocean Access, Outdoor-Comm. Pool
  • Association Fee: Yes
  • Estimated Annual Fee: 3290

Lot Info

  • Lot Number: Lot 21
  • Deed Book: 969

Rental Info

  • Est Annual Rental Income: 46750
  • Estimated Rental Performance: 0.0935
  • Rental Co: Village Realty
  • Rental Cottage Name: Smit Inn
  • Rental Cottage Number: TC21
  • Rental Phone Number: 252-453-9650
  • Rental Turnover Day: Sunday

Building Info

  • Year Built: 2006

Tax Info

  • Year: 2016
  • Taxes: 2315

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2016
Closed on
Oct 26, 2017
Sold by
Smith Michael P and Smith Kristin W
Bought by
Weise Seth N and Weise Christine A
Seller's Agent
Brad Beacham
Landmark Sotheby's Internation
Buyer's Agent
Scott Wheeler
Celebration Realty
List Price
$524,900
Sold Price
$500,000
Premium/Discount to List
-$24,900
-4.74%
Current Estimated Value
$864,441

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$364,441
Avg. Annual Appreciation
6.78%
Original Mortgage
$400,000
Outstanding Balance
$332,774
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$531,667

Purchase Details

Closed on
Sep 20, 2006
Sold by
Mancuso Development Inc
Bought by
Smith Michael P and Smith Kristin W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$572,000
Interest Rate
6.5%
Mortgage Type
Construction
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
Weise Seth N $500,000 Attorney
Smith Michael P -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weise Seth N $400,000
Previous Owner Smith Michael P $572,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/06/2017 11/06/17 Sold $500,000 -4.7% $171 / Sq Ft
09/28/2017 09/28/17 Pending -- -- --
12/07/2016 12/07/16 For Sale $524,900 -- $179 / Sq Ft
Source: Outer Banks Association of REALTORS®

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 $4,404 $560,100 $110,000 $450,100
2024 $4,404 $560,100 $110,000 $450,100
2023 $4,392 $560,100 $110,000 $450,100
2022 $3,293 $560,100 $110,000 $450,100
2021 $3,278 $430,100 $110,000 $320,100
2020 $2,643 $430,100 $110,000 $320,100
2019 $2,634 $430,100 $110,000 $320,100
2018 $2,634 $430,100 $110,000 $320,100
2017 $2,391 $430,100 $110,000 $320,100
2016 $2,314 $430,100 $110,000 $320,100
2015 $2,314 $430,100 $110,000 $320,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 94544

Outer Banks Association of REALTORS®

APN: 117C-000-0021-0000

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