NOT LISTED FOR SALE

738 Hammock Ln Corolla, NC 27927

Estimated Value: $1,079,520 - $1,224,000

5 Beds
5.5 Baths
3,800 Sq Ft
$305/Sq Ft Est. Value

Last Sold February 06, 2018

Last sale price $550,000 $145 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $6,744/month

283 Days on Market

Highlights

  • Ocean View
  • In Ground Pool
  • Wood Flooring
  • Beach Access
  • Cathedral Ceiling
  • Loft

About This Home

As of February 2018

JUST REDUCED!! SHORT SALE!! THIS WILL NOT LAST LONG AT THIS PRICE!! ABSOLUTELY INCREDIBLE VALUE ON THIS EXQUISITE CUSTOM BUILT HOME!! OCEAN, SOUND, AND GOLF COURSE VIEWS!! Located in the Reserve Section of the prestigious Currituck Club, this beautiful custom built home is one to show your discerning buyers! Tastefully appointed with lovely furnishings, stunning interior design, and high end features throughout! Renters love this home! This home boasts many special features including a gorgeous stone gas fireplace, granite countertops, stainless appliances, double wall ovens, large walk in closets and a second fireplace in the Master Suite! There is a very nice recreational room featuring pool table and wet bar! Step out onto the specious decking on both levels for amazing views! The decks also overlook the beautiful (large) pool and hot tub! THIS HOME IS AN EXCEPTIONAL VALUE! PRICED TO SELL!!

Last Agent to Sell the Property

Melanie Day

Landmark Sotheby's Internation License #219374 Listed on: 01/28/2017

Landmark Sotheby's Internation

Last Buyer's Agent

Richard Booker

Davenport Real Estate, LLC License #284975

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,390

Year Built

  • Built in 2005

Lot Details

  • Property fronts a private road
  • Fenced Yard
  • Landscaped

HOA Fees

  • $333 Monthly HOA Fees

Property Views

  • Ocean
  • Views of a Sound
  • Golf Course

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Lap Siding
  • Shake Siding

Interior Spaces

  • 3,800 Sq Ft Home
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Entrance Foyer
  • Loft
  • Game Room

Kitchen

  • Built-In Oven
  • Built-In Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Carport

Pool

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

Outdoor Features

  • Beach Access
  • Sun Deck
  • Covered Deck
  • Patio

Utilities

  • Heat Pump System
  • Private Water Source
  • Private Sewer

Listing and Financial Details

  • Tax Lot 345

Community Details

Overview

  • Association fees include common insurance, grounds maintenance, management, pool, road maintenance, tennis courts
  • Tcc Currituck Club Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,390

Year Built

Built in 2005

Lot Details

0

HOA Fees

$333 per month

Listing Details

  • Class: RESIDENTIAL
  • Extras: Beach Access, Ceiling Fan(s), Covered Decks, Fenced Yard, Hot Tub, Landscaped, Outside Shower, Patio, Sun Deck
  • Subdivision Name: The Currituck Club - The Hammocks
  • Headline: EXQUISITE! SPECTACULAR VIEWS!
  • Heated Sq Ft: 3800
  • L V T Date: 01/28/2017
  • Potential Short Sale: Yes
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Zoning: Res
  • Deed Book Pg Number: 305
  • Major Subdivision: The Currituck Club
  • Office License Number: C14121
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Appliances: Countertop Range, Disposal, Dishwasher, Dryer, Microwave, Refrigerator w/Ice Maker, Wall Oven, Washer
  • Bedrooms: 5
  • Countertops: Granite
  • Floor Coverings: Carpet, Ceramic Tile, Hardwood
  • Full Bathrooms: 5
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Gas Fireplace, Ensuite, Pantry, Walk in Closet, Wet Bar
  • Optional Rooms: Foyer, Game Room, Loft
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame
  • Exterior: Lap Siding, Shakes
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Private Pool, Association Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Golf Course, Ocean, Sound

Garage/Parking

  • Garage: 2 Car, Attached

Utilities

  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Sewer/Septic System: Private Sewer
  • Water: Private

Condo/Co-op/Association

  • HOA Fee Includes: Common Insurance, Grounds Maintenance, Management, Pool, Road Maintenance, Tennis Courts
  • Association Fee: Yes
  • Estimated Annual Fee: 4000

Lot Info

  • Lot Description: Golf Course Frontage
  • Lot Number: Lot 345
  • Deed Book: 765

Rental Info

  • Rental Co: Brindley Beach Vacations
  • Rental Cottage Name: 19th Hole
  • Rental Cottage Number: HK1
  • Rental Phone Number: 252-453-3000
  • Rental Turnover Day: Saturday

Building Info

  • Year Built: 2005

Tax Info

  • Year: 2016
  • Taxes: 3390

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 7, 2020
Sold by
Pruemer Stanley A and Pruemer Lois Marie
Bought by
Pruemer Stanley A and Pruemer Lois Marie
Current Estimated Value
$1,136,374

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$498,750
Outstanding Balance
$441,271
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$715,859

Purchase Details

Listed on
Jan 28, 2017
Closed on
Feb 5, 2018
Sold by
Semerjian Lisa and Semerjian David
Bought by
Pruemer Stanley A and Pruemer Lois Marie
Seller's Agent
Melanie Day
Landmark Sotheby's Internation
Buyer's Agent
Richard Booker
Davenport Real Estate, LLC
List Price
$729,000
Sold Price
$550,000
Premium/Discount to List
-$179,000
-24.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.83%
Original Mortgage
$453,100
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 2004
Bought by
Semerjian David and Hanamirian Michael
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
Pruemer Stanley A -- None Available
Pruemer Stanley A $550,000 None Available
Semerjian David $355,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pruemer Stanley A $498,750
Closed Pruemer Stanley A $453,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/06/2018 02/06/18 Sold $550,000 -5.0% $145 / Sq Ft
11/07/2017 11/07/17 Pending -- -- --
08/03/2017 08/03/17 Price Changed $579,000 -6.6% $152 / Sq Ft
06/08/2017 06/08/17 Price Changed $619,900 -4.5% $163 / Sq Ft
05/09/2017 05/09/17 Price Changed $649,000 -11.0% $171 / Sq Ft
01/28/2017 01/28/17 For Sale $729,000 -- $192 / 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 $5,702 $714,400 $90,000 $624,400
2024 $5,686 $714,400 $90,000 $624,400
2023 $5,074 $714,400 $90,000 $624,400
2022 $4,239 $714,400 $90,000 $624,400
2021 $4,224 $650,900 $175,000 $475,900
2020 $3,846 $650,900 $175,000 $475,900
2019 $3,846 $650,900 $175,000 $475,900
2018 $3,737 $650,900 $175,000 $475,900
2017 $3,390 $650,900 $175,000 $475,900
2016 $3,390 $650,900 $175,000 $475,900
2015 $3,392 $650,900 $175,000 $475,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 94981

Outer Banks Association of REALTORS®

APN: 117B-000-0345-0000