NOT LISTED FOR SALE

738 Cormorant Ct Corolla, NC 27927

Corolla Area

Estimated Value: $633,975 - $1,661,000

4 Beds
3 Baths
1,906 Sq Ft
$486/Sq Ft Est. Value

Sale Details

Date Sold: May 17, 2021

Last sale price $525,000 $275 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $5,514 / mo

Highlights

  • Community Beach Access
  • In Ground Pool
  • Wooded Lot
  • Knotts Island Elementary School Rated 9+
  • Coastal Architecture
  • Cathedral Ceiling

About This Home

As of May 2021

This 4-bedroom, 3 bath home features a reverse floor plan, screened porch, private pool and hot tub, as well as an easy walk to the beach. Located in desirable Ocean Sands Section 1, Dune Reel Good sits “high and dry” on an X flood zone lot and is buffered by green space to the west. A favorite with vacationers, the property offers a fresh interior with lots of natural light, new LVT flooring throughout, and a comfortable arrangement of bedrooms. The top floor has cathedral ceilings, an open kitchen/ dining area convenient to the screened porch, a comfortable family room with access to a sizable eastern-exposure sun deck with hot tub, the first of 4 bedrooms, and a full bath. The mid-level has two guest bedrooms, a full hall bath, and an en suite bedroom with access to the wide covered porch. A ground level game room leads out to the spacious pool area with Tiki bar. Close to shopping, dining, and attractions, this cul-de-sac property makes for a great beach vacation rental, especially with no flood insurance required!

Last Agent to Sell the Property

Matt Myatt

Keller Williams Outer Banks KDH License #218707 Listed on: 04/03/2021

Keller Williams Outer Banks KDH

Co-Listed By

Terry Blocher

Keller Williams Outer Banks KDH License #271673

Last Buyer's Agent

Four Seasons Realty

Four Seasons Realty License #177785

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 Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,528

Year Built

  • Built in 1996

Lot Details

  • 8,600 Sq Ft Lot
  • Property fronts a private road
  • Cul-De-Sac
  • Wooded Lot

HOA Fees

  • $75 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Reverse Style Home
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Lap Siding
  • Piling Construction

Interior Spaces

  • 1,906 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • Entrance Foyer
  • Game Room
  • Screened Porch
  • Carpet
  • Fire and Smoke Detector

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Paved Parking
  • Off-Street Parking

Pool

  • In Ground Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Exterior Lighting
  • Tiki or Chickee Hut

Utilities

  • Heat Pump System
  • Municipal Utilities District Water
  • Community Sewer or Septic

Listing and Financial Details

  • Tax Lot 1

Community Details

Overview

  • Association fees include management, walkways
  • Signature Touch Association, Phone Number (252) 441-8857
  • Ocean Sands Subdivision

Recreation

  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,528

Year Built

Built in 1996

Lot Details

8,600 Sq Ft Lot

HOA Fees

$75 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Directions: Ocean Trail north to right onto Seabird Way, right onto Cormorant Trail to cul-de-sac.
  • Extras: Ceiling Fan(s), Covered Decks, Hot Tub, Outside Lighting, Outside Shower, Screened Porch, Smoke Detector(s), Sun Deck, Tiki Bar, Dry Entry
  • Flood Zone: X
  • Subdivision Name: Ocean Sands Section 1
  • Headline: Updated & Pool!
  • Heated Sq Ft: 1906
  • L V T Date: 04/03/2021
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Section: 1
  • Waterfront Location: More than 5th row
  • Zoning: res
  • Advertised Income 2020: 47082
  • Advertised Income 2021: 54305
  • Deed Book Pg Number: 402
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Major Subdivision: Ocean Sands
  • 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, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 4
  • Countertops: Laminate
  • Floor Coverings: Carpet, Vinyl Tile
  • Foundation: Piling, Slab
  • Full Bathrooms: 3
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Ice Maker Connection, Ensuite, Washer Connection
  • Optional Rooms: Foyer, Game Room

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Lap Siding
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Private Pool
  • Roof: Asphalt/Fiber Shingle

Garage/Parking

  • Garage: Attached, Carport
  • Parking: Paved, Off Street

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Management, Walkways
  • Association Amenities: Ocean Access
  • Association Fee: Yes
  • Estimated Annual Fee: 900
  • Hoa Contact: Signature Touch
  • HOA Contact: 252-441-8857

Lot Info

  • Estimated Lot Sq Ft: 8600
  • Lot Description: Cul-de-sac, Wooded
  • Lot Number: Lot 1
  • Estimated Lot Size: 0.20
  • Deed Book: 1426

Rental Info

  • Est Annual Rental Income: 54305
  • Estimated Rental Performance: 0.1034
  • Lease Terms: Weekly
  • Rental Co: Village Realty
  • Rental Cottage Name: Dune Reel Good
  • Rental Cottage Number: OSI06
  • Rental Phone Number: 252-480-2224
  • Rental Turnover Day: SATURDAY
  • Rental Contact Email: obxrentals@villagerealty.com
  • Rental Contact Name: Alyssa McDonald/ Tirzah Hansen
  • Rental Contact Phone: 252-480-2224

Building Info

  • Year Built: 1996

Tax Info

  • Year: 2020
  • Taxes: 2528

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2021
Closed on
May 5, 2021
Sold by
Byrd Parker and Jackson Andreana
Bought by
Seller's Agent
Matt Myatt
Keller Williams Outer Banks KDH
Buyer's Agent
Four Seasons Realty
Four Seasons Realty
List Price
$499,000
Sold Price
$525,000
Premium/Discount to List
$26,000
5.21%
Current Estimated Value
$925,744

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$400,744
Avg. Annual Appreciation
11.30%
Original Mortgage
$472,500
Outstanding Balance
$418,982
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$506,762

Purchase Details

Listed on
Mar 17, 2017
Closed on
Nov 22, 2017
Sold by
Niehoff Elizabeth L and Niehoff Robert
Bought by
Vrhovac Kyle and Byrd Parker
Seller's Agent
Sarah Spencer
Keller Williams Outer Banks KDH
Buyer's Agent
Matt Myatt
Keller Williams Outer Banks KDH
List Price
$329,000
Sold Price
$317,500
Premium/Discount to List
-$11,500
-3.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.55%
Original Mortgage
$238,125
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 14, 2002
Bought by
Niehoff Elizabeth L
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Corolla, NC

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$525,000 None Available
Vrhovac Kyle $317,500 None Available
Niehoff Elizabeth L $412,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $472,500
Previous Owner Vrhovac Kyle $100,000
Previous Owner Vrhovac Kyle $238,125
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/17/2021 05/17/21 Sold $525,000 +5.2% $275 / Sq Ft
04/03/2021 04/03/21 Pending -- -- --
04/03/2021 04/03/21 For Sale $499,000 +57.2% $262 / Sq Ft
11/22/2017 11/22/17 Sold $317,500 -0.5% $167 / Sq Ft View Prior Sale
10/05/2017 10/05/17 Pending -- -- --
10/02/2017 10/02/17 Price Changed $319,000 -3.0% $167 / Sq Ft
09/11/2017 09/11/17 For Sale $329,000 +3.6% $173 / Sq Ft
09/11/2017 09/11/17 Off Market $317,500 -- --
08/04/2017 08/04/17 Price Changed $329,000 -5.7% $173 / Sq Ft
03/17/2017 03/17/17 For Sale $349,000 -- $183 / Sq Ft
Source: Outer Banks Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,271 $340,700 $75,000 $265,700
2024 $4,271 $340,700 $75,000 $265,700
2023 $4,255 $320,100 $75,000 $245,100
2022 $2,981 $320,100 $75,000 $245,100
2021 $2,625 $317,000 $110,000 $207,000
2020 $2,529 $317,000 $110,000 $207,000
2019 $2,529 $317,000 $110,000 $207,000
2018 $2,526 $317,000 $110,000 $207,000
2017 $2,344 $317,000 $110,000 $207,000
2016 $2,109 $317,000 $110,000 $207,000
2015 $1,948 $317,000 $110,000 $207,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 113704

Outer Banks Association of REALTORS®

APN: 126A-000-0001-000I

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