Seller's Agent in 2021
Linda Terry
Tranzon Key
(866) 872-6966
4 in this area
124 Total Sales
735 Ridge Point Dr Corolla, NC 27927
Estimated Value: $714,748 - $751,000
4
Beds
3.5
Baths
2,500
Sq Ft
$292/Sq Ft
Est. Value
Highlights
- Community Beach Access
- Health Club
- In Ground Pool
- Ocean View
- Golf Course Community
- Gated Community
About This Home
As of March 2021Yes, the list price is higher, but please take a minute to read WHY! When this ocean view cottage was built, the owners pulled out all of the stops and chose the highest quality upgrades throughout the house. Meticulously maintained since then, the property has had many improvements, including expansion of the greatroom, resulting in an additional 200SF of living space just where you want it! Other beach houses in the Hammocks listed at lower prices have not repaired the faulty flashing that allowed moisture to deteriorate the siding. Fixing this was an invisible to the eye improvement that cost $30,000. Home inspections have caused some of the less expensive contracts to fall through; don't be fooled. This home is in top condition! New Hardiplank siding, new gutters and deluxe private shower, landscaped yard, Trex decking and new HVAC are just a few of the updates that are already in place. Enjoy all of the amenities and social events of the Currituck Club, including the Hammocks community pool that's literally 50 strides away. Trolley to beach, walk to groceries, fitness center, shops.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,600
Year Built
- Built in 2005
Lot Details
- 3,049
HOA Fees
- $533 Monthly HOA Fees
Home Design
- Reverse Style Home
Interior Spaces
- 2,500 Sq Ft Home
- Furnished
- Family Room
- Living Room
- Dining Room
- Game Room
- Ocean Views
Bedrooms and Bathrooms
- 4 Bedrooms
- Main Floor Bedroom
Additional Features
- In Ground Pool
- Lot Dimensions are 40 x 75
Listing and Financial Details
- Tax Lot # 30
Community Details
Overview
- Association fees include common insurance, management, pool, road maintenance, tennis courts, walkways
- Heidi Corsello Association, Phone Number (252) 453-4011
- Tcc The Hammocks Subdivision
Recreation
- Community Beach Access
- Golf Course Community
- Health Club
- Tennis Courts
- Community Playground
- Community Indoor Pool
Additional Features
- Clubhouse
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 9, 2021
Closed on
Mar 23, 2021
Sold by
Tatum Wayne Stuart and Tatum Lynne Thomas
Bought by
Lemley Bruce A and Lemley Donna
Seller's Agent
Linda Terry
Tranzon Key
Buyer's Agent
Linda Terry
Tranzon Key
List Price
$425,000
Sold Price
$450,000
Premium/Discount to List
$25,000
5.88%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$279,687
Avg. Annual Appreciation
10.74%
Original Mortgage
$360,000
Outstanding Balance
$322,364
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$407,323
Purchase Details
Closed on
May 19, 2005
Sold by
Capen Charles W and Capen Jane A
Bought by
Tatum Wayne Stuart and Tatum Lynne Thomas
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,950
Interest Rate
5.8%
Mortgage Type
Credit Line Revolving
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lemley Bruce A | $450,000 | None Available | |
| Lemley Bruce A | $2,700,000 | None Listed On Document | |
| Tatum Wayne Stuart | $653,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lemley Bruce A | $360,000 | |
| Closed | Lemley Bruce A | $360,000 | |
| Previous Owner | Tatum Wayne Stuart | $97,950 | |
| Previous Owner | Tatum Wayne Stuart | $522,400 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/29/2021 03/29/21 | Sold | $450,000 | 0.0% | $180 / Sq Ft |
| 02/12/2021 02/12/21 | Price Changed | $450,000 | +5.9% | $180 / Sq Ft |
| 02/10/2021 02/10/21 | Pending | -- | -- | -- |
| 02/09/2021 02/09/21 | For Sale | $425,000 | -- | $170 / Sq Ft |
Source: Outer Banks Association of REALTORS®
Tax History Compared to Growth
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 | $3,364 | $411,500 | $80,000 | $331,500 |
| 2024 | $3,364 | $411,500 | $80,000 | $331,500 |
| 2023 | $3,348 | $411,500 | $80,000 | $331,500 |
| 2022 | $2,535 | $411,500 | $80,000 | $331,500 |
| 2021 | $2,520 | $333,500 | $80,000 | $253,500 |
| 2020 | $2,038 | $333,500 | $80,000 | $253,500 |
| 2019 | $2,038 | $333,500 | $80,000 | $253,500 |
| 2018 | $0 | $333,500 | $80,000 | $253,500 |
| 2017 | $1,851 | $333,500 | $80,000 | $253,500 |
| 2016 | $1,851 | $333,500 | $80,000 | $253,500 |
| 2015 | -- | $333,500 | $80,000 | $253,500 |
Source: Public Records
Agents Affiliated with this Home
-
Linda Terry
Map
Source: Outer Banks Association of REALTORS®
MLS Number: 112872
APN: 117B-000-0030-0000
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