NOT LISTED FOR SALE

737 Crown Point Rd Corolla, NC 27927

Estimated Value: $1,517,000 - $1,866,000

6 Beds
7 Baths
3,660 Sq Ft
$475/Sq Ft Est. Value

Last Sold May 27, 2021

Last sale price $1,304,000 $356 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $9,929/month

7 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Contemporary Architecture
  • Community Beach Access
  • In Ground Pool
  • Cathedral Ceiling

About This Home

As of May 2021

Beautiful Oceanfront 6BR, 5 and 2 half bath X Zone with 10% GRI and Great Ocean Views! When you buy an Oceanfront Home it usually comes with a lot of Oceanside Repairs that need your attention. Here, at Terning Point we are doing this for you! (See Brokers Notes). Top floor Features Newly Remodeled Kitchen with Viatera Aria Quartz Counters, New Appliances, Soft Close Cabinets, and Recessed Lighting. Two Sinks and Island Bar with Ice Maker and Seating for Four. High End Tile Plank Floor extends from the Kitchen thru the Oceanfront Dining Area that has Spectacular Ocean Views. Living Area shares a Gas Log Fireplace with the Dining Area. The Livingroom Entertainment Center has a Large Flat Screen TV and there is an Additional Gaming Table. The Entire Living Area features Expansive Ocean Views and Vaulted Ceilings. There is a Half Bath and Additional Table across from the Kitchen Area suitable for Eating, Gaming etc. The Spacious Top Floor Master Suite has a Large Bathroom with Double Sink Vanity and Jetted Tub. The Top Floor opens onto a Large Sun Deck with, You Guessed It, Stunning Ocean Views! Of the 5 mid-floor Bedrooms 2 have King Beds and Private Baths, one has Twin Beds and a Private Bath. The 2 Bunk Rooms share a bath. There is also a Separate Den/Living Area with Game Tables, Fridge, Wet Bar, Oak Cabinetry and TV. The Mid-Floor also opens onto a Large Shade Deck with Hot Tub Overlooking the Pool Area and Natural Protective Dunes. The Ground Floor features a Game Room with Half Bath, Fridge, TV, Sleep Sofa and opens to the Pool Area with 2 Outdoor Showers, Fish Cleaning Station with Sink and Direct Beach Access. The subdivision also has an Outdoor Pool and Tennis Courts. From Crown Point you have easy access to Groceries, Shopping, Entertainment, Movies and all the Adventure that the Legendary Northern Outer Banks have to offer! This one is DEFINITELY WORTH A LOOK!

Last Agent to Sell the Property

Alex Argiroff

Keller Williams - Outer Banks License #176145 Listed on: 03/24/2021

Keller Williams - Outer Banks

Co-Listed By

Kathleen Argiroff

Keller Williams - Outer Banks License #216690

Last Buyer's Agent

Bobby Williams

Joe Lamb, Realty License #154104

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,467

Year Built

  • Built in 1993

Lot Details

  • 7,040 Sq Ft Lot
  • Beach Front
  • 60 Feet of Waterfront
  • Property fronts a private road
  • Landscaped

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • Paved Parking

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 3,660 Sq Ft Home
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Entrance Foyer
  • Game Room
  • Ocean Views

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Gunite Pool
  • Outdoor Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Patio
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Tax Lot # 15

Community Details

Overview

  • Association fees include common electric, common insurance, pool, road maintenance, tennis courts
  • Gerrilea Adams Association, Phone Number (757) 676-6990
  • Crown Point Subdivision

Amenities

  • Common Area

Recreation

  • Community Beach Access
  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,467

Year Built

Built in 1993

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary
  • Directions: Turn East into Crown Point. Home is to the left on the Oceanfront.
  • Extras: Beach Access, Ceiling Fan(s), Covered Decks, Hot Tub, Jet Tub, Landscaped, Outside Lighting, Outside Shower, Patio, Sun Deck, Inside Laundry Room
  • Flood Zone: X
  • Headline: OCEANFRONT - 10% GRI
  • Heated Sq Ft: 3660
  • L V T Date: 03/24/2021
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: res
  • Advertised Income 2020: 109870
  • Deed Book Pg Number: 90
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • 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: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Ice Machine, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 6
  • Countertops: Quartz
  • Floor Coverings: Carpet, Ceramic Tile, Hardwood
  • Foundation: Piling, Slab
  • Full Bathrooms: 5
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Pantry, Washer Connection, Wet Bar
  • Optional Rooms: Foyer, Game Room, Office, Pantry
  • Partial Bathrooms: 2

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Shakes
  • Pool: Yes
  • Pool: Private and Association
  • Pool Type: Outdoor, In Ground, Gunite, Private Pool, Association Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean
  • Water Frontage: 60

Garage/Parking

  • Garage: Carport
  • Parking: Paved

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Common Electric, Common Insurance, Pool, Road Maintenance, Tennis Courts
  • Association Amenities: Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 1200
  • Hoa Contact: Gerrilea Adams
  • HOA Contact: 757-676-6990
  • Home Owner Dwelling Insurance: 2525

Lot Info

  • Estimated Lot Sq Ft: 7040
  • Lot Description: Beach Frontage
  • Lot Number: Lot# 15
  • Estimated Lot Size: 0.16
  • Deed Book: 570

Rental Info

  • Est Annual Rental Income: 130590
  • Estimated Rental Performance: 0.1001
  • Flood Expenses: 783
  • Lease Terms: Weekly
  • Poolspa Expense: 3250
  • Rental Co: Kitty Hawk Rentals
  • Rental Cottage Name: Terning Point
  • Rental Cottage Number: CO437
  • Rental Phone Number: 800-635-1559
  • Rental Turnover Day: Saturday
  • Yearly Expense Actual Estimate: Actual
  • Annual Cable TV Expense: 1316
  • Annual Electric: 4530
  • Annual Telephone Expense: 872
  • Annual Water Expense: 2156
  • Rental Contact Email: scott@beachrealtync.com
  • Rental Contact Name: Scott Quigley
  • Rental Contact Phone: 252-261-6605

Building Info

  • Year Built: 1993

Tax Info

  • Year: 2020
  • Taxes: 7466.95

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2021
Closed on
May 27, 2021
Sold by
Tonnesen Linda Lee S and Tonnesen Mark K
Bought by
Venture Group Llc
Seller's Agent
Alex Argiroff
Keller Williams - Outer Banks
Buyer's Agent
Bobby Williams
Joe Lamb, Realty
List Price
$1,349,900
Sold Price
$1,304,000
Premium/Discount to List
-$45,900
-3.4%
Current Estimated Value
$1,678,719

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$374,719
Avg. Annual Appreciation
6.37%
Original Mortgage
$652,000
Outstanding Balance
$537,335
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,202,579

Purchase Details

Closed on
Dec 2, 2020
Sold by
Steele Gregory C and Steele Lisa C
Bought by
Cunningham Amanda Renee and Cunningham Edward Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$397,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 7, 2002
Bought by
Tonnesen Linda L S and Tonnesen Mark K
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
Venture Group Llc $1,304,000 None Available
Cunningham Amanda Renee $496,500 None Available
Tonnesen Linda L S $870,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Venture Group Llc $652,000
Previous Owner Cunningham Amanda Renee $397,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/27/2021 05/27/21 Sold $1,304,000 -3.4% $356 / Sq Ft
03/31/2021 03/31/21 Pending -- -- --
03/24/2021 03/24/21 For Sale $1,349,900 -- $369 / 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 $13,336 $1,190,200 $750,000 $440,200
2024 $13,336 $1,190,200 $750,000 $440,200
2023 $11,954 $1,149,800 $750,000 $399,800
2022 $9,301 $1,149,800 $750,000 $399,800
2021 $8,135 $1,026,700 $700,000 $326,700
2020 $7,467 $1,026,700 $700,000 $326,700
2019 $7,480 $1,026,700 $700,000 $326,700
2018 $0 $1,026,700 $700,000 $326,700
2017 $7,030 $1,026,700 $700,000 $326,700
2016 $6,325 $1,026,700 $700,000 $326,700
2015 -- $1,026,700 $700,000 $326,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 113492

Outer Banks Association of REALTORS®

APN: 116A-000-0015-0000