NOT LISTED FOR SALE

707 Currituck Cay Corolla, NC 27927

Corolla Neighborhood

Estimated Value: $633,853 - $676,000

4 Beds
3 Baths
2,033 Sq Ft
$326/Sq Ft Est. Value

Last Sold October 26, 2012

Last sale price $300,000 $148 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $4,421/month

224 Days on Market

Highlights

  • Community Beach Access
  • Golf Course Community
  • Gated Community
  • Health Club
  • Spa
  • Clubhouse

About This Home

As of October 2012

This home is located at 707 Currituck Cay, Corolla, NC 27927 since 05 January 2012 and is currently estimated at $663,463, approximately $326 per square foot. This property was built in 2001. 707 Currituck Cay is a home located in Currituck County with nearby schools including Knotts Island Elementary School, Currituck County Middle School, and Currituck County High School.

Last Agent to Sell the Property

Robert Godley

Kitty Hawk Land Company License #185619 Listed on: 01/05/2012

Last Buyer's Agent

Lisa Ammons

Keller Williams - Outer Banks License #240524

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,977

Year Built

  • Built in 2001

Lot Details

  • Property fronts a private road
  • Fenced Yard
  • Landscaped
  • Sprinkler System

HOA Fees

  • $446 Monthly HOA Fees

Home Design

  • Cottage
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 2,033 Sq Ft Home
  • Furnished
  • Gas Fireplace
  • Window Treatments

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Carport
  • Garage Door Opener

Pool

  • Spa
  • Vinyl Pool

Outdoor Features

  • Covered Deck

Utilities

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

Listing and Financial Details

  • Tax Lot 9

Community Details

Overview

  • Association fees include road maintenance, security, tennis courts
  • Tcc The Hammocks Subdivision

Recreation

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

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,977

Year Built

Built in 2001

Lot Details

0

HOA Fees

$446 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Cottage
  • Extras: Covered Decks, Fenced Yard, Garage Door Opener, Hot Tub, Landscaped, Lawn Sprinklers
  • Subdivision Name: The Currituck Club
  • Headline: Great Value
  • Heated Sq Ft: 2033
  • Potential Short Sale: Yes
  • Roads: Private
  • Sale/Rent: For Sale
  • Zoning: Res
  • Deed Book Pg Number: 699
  • Major Subdivision: The Currituck Club
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 4
  • Floor Coverings: Carpet, Ceramic Tile
  • Foundation: Piling
  • Full Bathrooms: 3
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Gas Connection, Gas Fireplace

Exterior Features

  • Construction: Frame
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool Type: Outdoor, Vinyl
  • Roof: Asphalt/Fiber Shingle

Garage/Parking

  • Garage: 1 Car

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Road Maintenance, Security, Tennis Courts
  • Association Amenities: Clubhouse, Gated Community, Golf Course, Health Club, Ocean Access, Outdoor-Comm. Pool, Outdoor-Off Site Pool, Outdoor-Comm. Tennis, Park, Playground
  • Association Fee: Yes
  • Estimated Annual Fee: 5350

Lot Info

  • Lot Number: Lot 9
  • Deed Book: 847

Rental Info

  • Est Annual Rental Income: 21417
  • Estimated Rental Performance: 0.0714
  • Rental Co: Paramount Destinations
  • Rental Cottage Name: Simple Pleasures
  • Rental Cottage Number: HM-9
  • Rental Phone Number: 252-453-3045
  • Rental Turnover Day: SUN

Building Info

  • Year Built: 2001

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2011
  • Taxes: 1976.98

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2012
Closed on
Oct 10, 2012
Sold by
Margolis Gerald M and Margolis Maxine B
Bought by
Straley Richard Eric and Straley Melissa Ann
Seller's Agent
Robert Godley
Kitty Hawk Land Company
Buyer's Agent
Lisa Ammons
Keller Williams - Outer Banks
List Price
$349,000
Sold Price
$300,000
Premium/Discount to List
-$49,000
-14.04%
Current Estimated Value
$677,971

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$377,971
Avg. Annual Appreciation
6.40%
Original Mortgage
$240,000
Outstanding Balance
$169,821
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$493,642

Purchase Details

Closed on
Mar 9, 2005
Sold by
Jolley William H R and Taylor Jolley Delores E
Bought by
Margolis Gerald P and Margolis Maxine B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,600
Interest Rate
5.6%
Mortgage Type
New Conventional
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
Straley Richard Eric $300,000 None Available
Margolis Gerald P $522,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Straley Richard Eric $240,000
Previous Owner Margolis Gerald P $417,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2012 10/26/12 Sold $300,000 -14.0% $148 / Sq Ft
08/16/2012 08/16/12 Pending -- -- --
01/05/2012 01/05/12 For Sale $349,000 -- $172 / 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 $3,150 $368,800 $80,000 $288,800
2023 $3,150 $368,800 $80,000 $288,800
2022 $2,391 $368,800 $80,000 $288,800
2021 $2,383 $294,200 $80,000 $214,200
2020 $1,886 $294,200 $80,000 $214,200
2019 $1,886 $294,200 $80,000 $214,200
2018 $1,886 $294,200 $80,000 $214,200
2017 $1,714 $294,200 $80,000 $214,200
2016 $1,714 $294,200 $80,000 $214,200
2015 $1,714 $294,200 $80,000 $214,200
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2012

    Robert Godley

    Kitty Hawk Land Company

    (252) 207-4894

    75 in this area

    99 Total Sales

    Section Image

  • L

    Buyer's Agent in 2012

    Lisa Ammons

    Keller Williams - Outer Banks

See All Agents

Map

Source: Outer Banks Association of REALTORS®

MLS Number: 73027

Outer Banks Association of REALTORS®

APN: 117B-000-0009-0000

North Carolina Currituck County Corolla 27927 Corolla

707 Currituck Cay, Corolla, NC

This home is located at 707 Currituck Cay, Corolla, NC 27927 since 05 January 2012 and is currently estimated at $663,463, approximately $326 per square foot. This property was built in 2001. 707 Currituck Cay 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.
Information is deemed reliable but not guaranteed.

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