NOT LISTED FOR SALE

720 Moon Gate Ln Corolla, NC 27927

Estimated Value: $697,801 - $755,000

4 Beds
3.5 Baths
2,333 Sq Ft
$309/Sq Ft Est. Value

Last Sold January 05, 2023

Last sale price $624,000 $267 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $4,623/month

7 Days on Market

Highlights

  • Community Beach Access
  • Health Club
  • Coastal Architecture
  • Ocean View
  • Gated Community
  • Cathedral Ceiling

About This Home

As of January 2023

This charming 4 bedroom 3.5 bath beauty located in beautiful Seaside Corolla NC has your name written all over it! Located in the idyllic Currituck Club, this well-maintained gem has it all and then some. You'll be instantly struck by the open, airy, and elegantly appointed interior while the built-in tranquility found on your outside decks with their gorgeous Ocean views will provide the peaceful respite you've been looking for! The Hammocks Community pool that is a short walk will provide a centerpiece of fun and relaxation for the entire family. Perfect OBX getaway or a great rental property. Your family & guest will enjoy the many amenities TCC is renowned for. Shuttle service to the beach from Memorial Day to Labor Day, world class Rees Jones Golf, pools, tennis and basketball courts, health club, park, playgrounds and so much more! Not to mention having a plethora of excellent dining, shopping and entertainment options just outside your door! This immaculate family home truly has it all and would make for an incredible investment property and/or Vacation home...come see for yourself!

Last Agent to Sell the Property

Robert Godley

Kitty Hawk Land Company License #185619 Listed on: 10/12/2022

Last Buyer's Agent

Jayme Pilot

ROG OBX, Inc License #333895

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,559

Year Built

  • Built in 2003

Lot Details

  • Property fronts a private road
  • Fenced Yard
  • Landscaped
  • Corner Lot

HOA Fees

  • $554 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 2,333 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Gas Fireplace
  • Window Treatments
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Laminate Countertops

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Carport
  • Garage Door Opener

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 49

Community Details

Overview

  • Association fees include grounds maintenance, road maintenance, tennis courts
  • Seaside Management Association, Phone Number (252) 261-1200
  • Built by Landmark
  • Tcc The Hammocks Subdivision

Recreation

  • Community Beach Access
  • Health Club
  • Community Playground
  • Community Pool
  • Park

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,559

Year Built

Built in 2003

Lot Details

0

HOA Fees

$554 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal, Cottage
  • Extras: Covered Decks, Fenced Yard, Garage Door Opener, Landscaped
  • Flood Zone: X
  • Subdivision Name: The Hammocks
  • Headline: Ocean Views!
  • Heated Sq Ft: 2333
  • L V T Date: 10/12/2022
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Zoning: RES
  • Deed Book Pg Number: 609
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Major Subdivision: The Currituck Club
  • Newpoint Media: Yes
  • Office License Number: C8539
  • Outer Banks Software: Yes
  • Short Term Rental Restrictions: No
  • 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
  • Bedrooms: 4
  • Countertops: Laminate
  • Floor Coverings: Ceramic Tile, Hardwood
  • Foundation: Piling
  • Full Bathrooms: 3
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Gas Fireplace
  • Partial Bathrooms: 1

Exterior Features

  • Homebuilder: Landmark
  • Construction: Frame
  • Exterior: Cement Fiber Board
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Garage: 1 Car
  • Parking: Paved, Unit Garage

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: Grounds Maintenance, Road Maintenance, Tennis Courts
  • Association Amenities: Gated Community, Health Club, Ocean Access, Outdoor-Comm. Pool, Park, Playground
  • Association Fee: Yes
  • Estimated Annual Fee: 6650
  • Hoa Contact: Seaside Management
  • HOA Contact: 252-261-1200

Lot Info

  • Lot Description: Corner
  • Lot Number: Lot 49
  • Deed Book: 1540

Building Info

  • Year Built: 2003

Tax Info

  • Year: 2022
  • Taxes: 2559

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2022
Closed on
Dec 28, 2022
Sold by
Geen Family Llc
Bought by
Kristy L Simpson Revocable Living Trust and Shawn C Simpson Revocable Living Trust
Seller's Agent
Robert Godley
Kitty Hawk Land Company
Buyer's Agent
Jayme Pilot
ROG OBX, Inc
List Price
$639,000
Sold Price
$624,000
Premium/Discount to List
-$15,000
-2.35%
Current Estimated Value
$720,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,700
Avg. Annual Appreciation
4.95%
Original Mortgage
$31,200
Outstanding Balance
$30,146
Interest Rate
6.48%
Estimated Equity
$690,554

Purchase Details

Closed on
Jun 17, 2020
Sold by
Green Ruth P
Bought by
Gen Family Llc

Purchase Details

Closed on
Jan 12, 2007
Sold by
Geen Ruth P
Bought by
Geen Ruth P
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Kristy L Simpson Revocable Living Trust $3,744,000 --
Gen Family Llc -- None Available
Geen Ruth P -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kristy L Simpson Revocable Living Trust $31,200
Open Kristy L Simpson Revocable Living Trust $499,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/05/2023 01/05/23 Sold $624,000 -2.3% $267 / Sq Ft
10/19/2022 10/19/22 Pending -- -- --
10/12/2022 10/12/22 For Sale $639,000 -- $274 / 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 $3,512 $416,400 $90,000 $326,400
2024 $3,512 $416,400 $90,000 $326,400
2023 $3,496 $416,400 $90,000 $326,400
2022 $2,560 $416,400 $90,000 $326,400
2021 $2,545 $366,900 $115,000 $251,900
2020 $2,215 $366,900 $115,000 $251,900
2019 $2,215 $366,900 $115,000 $251,900
2018 $2,215 $366,900 $115,000 $251,900
2017 $2,011 $366,900 $115,000 $251,900
2016 $2,011 $366,900 $115,000 $251,900
2015 $2,011 $366,900 $115,000 $251,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 120563

Outer Banks Association of REALTORS®

APN: 117B-000-0049-0000