NOT LISTED FOR SALE

735 Hammock Ln Corolla, NC 27927

Estimated Value: $720,057 - $735,000

4 Beds
3.5 Baths
1,910 Sq Ft
$382/Sq Ft Est. Value

Last Sold December 27, 2012

Last sale price $350,000 $183 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $4,539/month

259 Days on Market

Highlights

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

About This Home

As of December 2012

Enjoy ocean and golf course views from this very well maintained Hammock home! Nice layout with private pool, hot tub and game room. Top floor has a 2nd living area with a wet bar

Last Agent to Sell the Property

Heather McLay

OBX Homes License #188982 Listed on: 02/01/2012

OBX Homes

Co-Listed By

Edith Rowe

Brindley Beach Vacations & Sales-Duck License #188824

Last Buyer's Agent

Tim Lancsek

Surfside Realty License #210399

Surfside Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,100

Year Built

  • Built in 2002

Lot Details

  • 3,000 Sq Ft Lot
  • Lot Dimensions are 40x75
  • Property fronts a private road
  • Landscaped
  • Property is zoned RS-1

HOA Fees

  • $446 Monthly HOA Fees

Property Views

  • Ocean
  • Golf Course

Home Design

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

Interior Spaces

  • 1,910 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Carport
  • Garage Door Opener

Pool

  • In Ground Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Beach Access
  • Sun Deck
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District for Water and Sewer

Listing and Financial Details

  • Tax Lot 18

Community Details

Overview

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

Recreation

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

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,100

Year Built

Built in 2002

Lot Details

0

HOA Fees

$446 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary, Reverse Floor Plan
  • Directions: Main entrance to TCC, Right onto Hunt Club. Right on Seafair. Right onto Hammock Lane, house on left
  • Extras: Beach Access, Ceiling Fan(s), Garage Door Opener, Hot Tub, Jet Tub, Landscaped, Outside Lighting, Outside Shower, Smoke Detector(s), Sun Deck
  • Subdivision Name: The Hammocks
  • Heated Sq Ft: 1910
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Zoning: RS-1
  • Deed Book Pg Number: 666
  • Major Subdivision: The Currituck Club
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 4
  • Floor Coverings: Carpet, Vinyl
  • Foundation: Piling
  • Full Bathrooms: 3
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Ice Maker Connection, Ensuite, Washer Connection
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool Type: Outdoor, In Ground
  • Roof: Asphalt/Fiber Shingle
  • View: Golf Course, Ocean

Garage/Parking

  • Garage: 1 Car, Attached
  • Parking: Paved

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Grounds Maintenance, Management, Pool, Road Maintenance, Security, Tennis Courts
  • Association Amenities: Clubhouse, Gated Community, Health Club, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground
  • Association Fee: Yes
  • Estimated Annual Fee: 5350

Lot Info

  • Estimated Lot Sq Ft: 3000
  • Lot Faces: W
  • Lot Size: 40x75
  • Lot Number: Lot 18
  • Deed Book: 860

Rental Info

  • Est Annual Rental Income: 23378
  • Estimated Rental Performance: 0.0668
  • Lease Terms: Weekly
  • Rental Co: Carolina Shores
  • Rental Cottage Name: Sunset Villa
  • Rental Cottage Number: CC735
  • Rental Phone Number: 252-715-1901
  • Rental Turnover Day: Sun

Building Info

  • Year Built: 2002

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2009
  • Taxes: 2100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2012
Closed on
Dec 26, 2012
Sold by
Sunset Villa Llc
Bought by
Merckens Rory
Seller's Agent
Heather McLay
OBX Homes
Buyer's Agent
Tim Lancsek
Surfside Realty
List Price
$425,000
Sold Price
$350,000
Premium/Discount to List
-$75,000
-17.65%
Current Estimated Value
$728,764

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$378,764
Avg. Annual Appreciation
5.80%
Original Mortgage
$280,000
Outstanding Balance
$47,858
Interest Rate
3.38%
Mortgage Type
New Conventional
Estimated Equity
$680,906

Purchase Details

Closed on
Apr 24, 2005
Sold by
Crowps Nest Llc
Bought by
Sunet Villag Llc
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
Merckens Rory $350,000 None Available
Sunet Villag Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Merckens Rory $280,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/27/2012 12/27/12 Sold $350,000 -17.6% $183 / Sq Ft
10/17/2012 10/17/12 Pending -- -- --
02/01/2012 02/01/12 For Sale $425,000 -- $223 / 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 $3,435 $421,700 $90,000 $331,700
2024 $3,435 $421,700 $90,000 $331,700
2023 $3,419 $421,700 $90,000 $331,700
2022 $2,587 $421,700 $90,000 $331,700
2021 $2,572 $372,600 $115,000 $257,600
2020 $2,245 $372,600 $115,000 $257,600
2019 $2,245 $372,600 $115,000 $257,600
2018 $2,245 $372,600 $115,000 $257,600
2017 $2,038 $372,600 $115,000 $257,600
2016 $2,038 $372,600 $115,000 $257,600
2015 $2,038 $372,600 $115,000 $257,600
Source: Public Records

Agents Affiliated with this Home

  • Heather McLay

    Seller's Agent in 2012

    Heather McLay

    OBX Homes

    (252) 202-3409

    59 in this area

    149 Total Sales

    Heather McLay
    Section Image
  • Edith Rowe

    Seller Co-Listing Agent in 2012

    Edith Rowe

    Brindley Beach Vacations & Sales-Duck

    (252) 202-6165

    61 in this area

    194 Total Sales

    Edith Rowe
    Section Image
  • Tim Lancsek

    Buyer's Agent in 2012

    Tim Lancsek

    RE/MAX

    (252) 619-6089

    48 in this area

    130 Total Sales

    Tim Lancsek
    Section Image
See All Agents

Map

Source: Outer Banks Association of REALTORS®

MLS Number: 73377

Outer Banks Association of REALTORS®

APN: 117B-000-0018-0000

North Carolina Currituck County Corolla 27927

735 Hammock Ln, Corolla, NC

Not Listed for Sale

Detached

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