NOT LISTED FOR SALE

734 Hammock Ln Corolla, NC 27927

Estimated Value: $137,898 - $502,000

0.33 Acre
$780,227 Price per Acre
14,375 Sq Ft Lot

Last Sold February 26, 2021

Last sale price $89,000

Est. 205% increase in value since last sale

Current estimated payment $1,670/month

115 Days on Market

Highlights

  • Community Beach Access
  • Health Club
  • Clubhouse
  • Ocean View
  • Gated Community
  • Community Pool

About This Lot

As of February 2021

Golf course frontage homesite with Ocean views! Situated in an X flood zone, this property requires no flood insurance. Enjoy the beautiful green of the golf course right in your own backyard (the high elevation should also bring Sound views). Build your dream home in the Reserves section of the Hammocks, complete with all the TCC amenities this gated community has to offer- community pools, fitness center, playground, tennis, security and in-season concierge and trolley service. This amenity rich community is conveniently located near shopping, restaurants and Corolla attractions such as the Whalehead Club and the Currituck Beach Lighthouse. Why buy someone else's house when you can build your own custom home at the beach, just the way you want it!

Last Agent to Sell the Property

Matt Myatt

Keller Williams - Outer Banks License #218707 Listed on: 10/21/2020

Keller Williams - Outer Banks

Co-Listed By

Terry Blocher

Keller Williams - Outer Banks License #271673

Last Buyer's Agent

Melissa Morgan

Landmark Sotheby's Internation License #199669

Landmark Sotheby's Internation

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $927

Lot Details

  • 0.33 Acre Lot
  • Property fronts a private road
  • Level Lot

HOA Fees

  • $197 Monthly HOA Fees

Property Views

  • Ocean
  • Views of a Sound
  • Golf Course

Utilities

  • Municipal Utilities District Water
  • Community Sewer or Septic

Community Details

Overview

  • Association fees include common electric, common insurance, management, pool, road maintenance, security, tennis courts
  • Heidi Corsello Association
  • Tcc The Hammocks Subdivision

Amenities

  • Common Area
  • Clubhouse

Recreation

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

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$927

Lot Details

0

HOA Fees

$197 per month

Listing Details

  • Class: LOTS/LAND
  • Directions: TCC main gate to right onto Hunt Club. Turn right onto Seafare Dr, right onto Hammock Ln. Property is on the right.
  • Flood Zone: X
  • Subdivision Name: The Reserves
  • Headline: The Reserve!
  • L V T Date: 10/21/2020
  • Roads: Private, Paved
  • Sale/Rent: For Sale
  • Zoning: res
  • Deed Book Pg Number: 392
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Major Subdivision: The Currituck Club
  • Newpoint Media: Yes
  • Office License Number: C30917
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Golf Course, Ocean, Sound

Utilities

  • Sewer/Septic System: Community Septic
  • Water: Municipal
  • Electric: Available

Condo/Co-op/Association

  • Association Amenities: Clubhouse, Gated Community, Health Club, Ocean Access, Outdoor-Comm. Tennis, Outdoor-Comm. Pool, Playground, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 2365
  • Hoa Contact: Heidi Corsello
  • HOA Contact: 453-4011
  • Fee Includes: Common Electric, Common Insurance, Management, Pool, Road Maintenance, Security, Tennis Courts

Lot Info

  • Estimated Lot Sq Ft: 14555
  • Lot Description: Golf Course Frontage, Level
  • Estimated Lot Size: 0.33
  • Deed Book: 1507
  • Unit/Lot Number: Lot #347

Tax Info

  • Year: 2020
  • Taxes: 927

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2020
Closed on
Feb 15, 2021
Sold by
Kayan Robert and Kayan Lori
Bought by
Collier Robert C and Collier Kathy K
Seller's Agent
Matt Myatt
Keller Williams - Outer Banks
Buyer's Agent
Melissa Morgan
Landmark Sotheby's Internation
List Price
$95,000
Sold Price
$89,000
Premium/Discount to List
-$6,000
-6.32%
Current Estimated Value
$271,543

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,543
Avg. Annual Appreciation
24.37%

Purchase Details

Listed on
Sep 14, 2019
Closed on
Nov 8, 2019
Sold by
Goss James Medard and Goss Dian E
Bought by
Kayan Robert and Kayan Lori
Seller's Agent
Danielle Taylor
Keller Williams - Outer Banks
Buyer's Agent
Rick Drumm
Beach Realty & Construction
List Price
$57,000
Sold Price
$54,000
Premium/Discount to List
-$3,000
-5.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
47.30%

Purchase Details

Listed on
Nov 1, 2018
Closed on
Jun 7, 2019
Sold by
Semerjian David and Semerjian Lisa
Bought by
Goss James Medard and Goss Dian E
Seller's Agent
Melanie Day
Landmark Sotheby's Internation
Buyer's Agent
Danielle Taylor
Keller Williams - Outer Banks
List Price
$74,900
Sold Price
$46,000
Premium/Discount to List
-$28,900
-38.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
45.19%

Purchase Details

Closed on
Apr 16, 2004
Bought by
Semerjian David and Hanamirian Michael
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Collier Robert C $89,000 None Available
Kayan Robert $54,000 None Available
Goss James Medard $46,000 None Available
Semerjian David $300,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/26/2021 02/26/21 Sold $89,000 -6.3% --
02/13/2021 02/13/21 Pending -- -- --
02/12/2021 02/12/21 For Sale $95,000 0.0% --
02/03/2021 02/03/21 Pending -- -- --
10/21/2020 10/21/20 For Sale $95,000 +75.9% --
11/12/2019 11/12/19 Sold $54,000 -5.3% -- View Prior Sale
10/11/2019 10/11/19 Pending -- -- --
09/14/2019 09/14/19 For Sale $57,000 +23.9% --
06/07/2019 06/07/19 Sold $46,000 -8.0% -- View Prior Sale
01/19/2019 01/19/19 Price Changed $50,000 -33.2% --
11/01/2018 11/01/18 For Sale $74,900 -- --
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 $630 $90,000 $90,000 $0
2024 $630 $90,000 $90,000 $0
2023 $630 $90,000 $90,000 $0
2022 $459 $90,000 $90,000 $0
2021 $459 $175,000 $175,000 $0
2020 $928 $175,000 $175,000 $0
2019 $928 $175,000 $175,000 $0
2018 $928 $175,000 $175,000 $0
2017 $840 $175,000 $175,000 $0
2016 $840 $175,000 $175,000 $0
2015 -- $175,000 $175,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Outer Banks Association of REALTORS®

MLS Number: 111559

Outer Banks Association of REALTORS®

APN: 117B-000-0347-0000