Seller's Agent in 2017
Jackson Dixon
Landmark Sotheby's Internation
(252) 207-5934
14 in this area
43 Total Sales
740 Hammock Ln Corolla, NC 27927
Estimated Value: $1,015,485 - $1,194,000
5
Beds
4.5
Baths
3,627
Sq Ft
$315/Sq Ft
Est. Value
Highlights
- Community Beach Access
- Health Club
- Gated Community
- Ocean View
- Concrete Pool
- Second Refrigerator
About This Home
As of November 2017An exceptional custom built home in the Reserve section of the prestigious community of The Currituck Club. This home is built in an X flood zone (not requiring flood insurance) on one of the highest elevation lots on The Outer Banks overlooking the 12th hole of the Currituck Club golf course with Ocean, Golf Course and Outstanding Sound Views. This spacious home has been meticulously maintained and boasts an open floor plan with extensive outdoor space making this a great home for entertaining or family gatherings and allowing for full enjoyment of the beautiful scenery. The furnishings have been updated with many new items. Viking range in the kitchen and Kohler products throughout the home. Gas fireplaces in 2 of the 3 master bedrooms AND the living room. Ceiling fans in all bedrooms plus Casablanca fans in the living room, ships watch and kitchen nook. Lots of storage. Substantial use of oak and heated tile flooring and custom mill work are just some of the special features of the home. The large 2 car garage has custom cabinetry and is heated and air conditioned. Large fenced in yard with a classic concrete heated pool and outside shower. Cedar shake and Hardiplank siding. Original owners! Don’t miss seeing this very special home. Call for an appointment!
Last Agent to Sell the Property
Landmark Sotheby's Internation License #197501 Listed on: 05/08/2017
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,014
Year Built
- Built in 2004
Lot Details
- Property fronts a private road
- Fenced Yard
- Landscaped
- Sprinkler System
HOA Fees
- $325 Monthly HOA Fees
Property Views
- Ocean
- Views of a Sound
- Golf Course
Home Design
- Craftsman Architecture
- Frame Construction
- Asphalt Shingled Roof
- Piling Construction
Interior Spaces
- 3,627 Sq Ft Home
- Wet Bar
- Furnished
- Cathedral Ceiling
- Ceiling Fan
- Gas Fireplace
- Family Room
- Dining Room
Kitchen
- Oven or Range
- Second Refrigerator
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Main Floor Bedroom
- En-Suite Primary Bedroom
- Walk-In Closet
Parking
- Garage
- Carport
- Garage Door Opener
Pool
- Concrete Pool
- Outdoor Pool
Outdoor Features
- Sun Deck
Utilities
- Central Heating and Cooling System
- Municipal Utilities District for Water and Sewer
Listing and Financial Details
- Tax Lot 344
Community Details
Overview
- Tcc Currituck Club Subdivision
Recreation
- Community Beach Access
- Health Club
- Tennis Courts
- Community Playground
- Community Pool
Additional Features
- Common Area
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 8, 2017
Closed on
Nov 7, 2017
Sold by
Frakes Larry A and Frakes Debra L
Bought by
Ottinger Richard
Seller's Agent
Jackson Dixon
Landmark Sotheby's Internation
Buyer's Agent
Cooper Hawk
Outer Banks Realty Group
List Price
$769,000
Sold Price
$695,000
Premium/Discount to List
-$74,000
-9.62%
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
$445,871
Avg. Annual Appreciation
6.26%
Original Mortgage
$556,000
Outstanding Balance
$454,232
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$686,639
Purchase Details
Closed on
May 25, 2015
Sold by
Copeland Daniel A and Copeland Janice Marie
Bought by
Sweller Thomas R and Sweller Debra L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$309,600
Interest Rate
3.75%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 18, 2003
Bought by
Frakes Larry A and Frakes Debra L
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 |
|---|---|---|---|
| Ottinger Richard | $695,000 | None Available | |
| Sweller Thomas R | $387,000 | Attorney | |
| Frakes Larry A | $309,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ottinger Richard | $556,000 | |
| Previous Owner | Sweller Thomas R | $309,600 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/07/2017 11/07/17 | Sold | $695,000 | -0.6% | $192 / Sq Ft |
| 09/22/2017 09/22/17 | Pending | -- | -- | -- |
| 09/20/2017 09/20/17 | Price Changed | $699,000 | -9.1% | $193 / Sq Ft |
| 05/08/2017 05/08/17 | For Sale | $769,000 | -- | $212 / 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 | $5,163 | $668,500 | $90,000 | $578,500 |
| 2024 | $5,163 | $668,500 | $90,000 | $578,500 |
| 2023 | $5,147 | $668,500 | $90,000 | $578,500 |
| 2022 | $3,845 | $668,500 | $90,000 | $578,500 |
| 2021 | $3,830 | $627,900 | $175,000 | $452,900 |
| 2020 | $3,598 | $627,900 | $175,000 | $452,900 |
| 2019 | $3,598 | $627,900 | $175,000 | $452,900 |
| 2018 | $3,598 | $627,900 | $175,000 | $452,900 |
| 2017 | $3,264 | $627,900 | $175,000 | $452,900 |
| 2016 | $3,264 | $627,900 | $175,000 | $452,900 |
| 2015 | $3,264 | $627,900 | $175,000 | $452,900 |
Source: Public Records
Agents Affiliated with this Home
-
Jackson Dixon
-
Cooper Hawk
Buyer's Agent in 2017
Cooper Hawk
Outer Banks Realty Group
(252) 202-4019
10 in this area
38 Total Sales
Map
Source: Outer Banks Association of REALTORS®
MLS Number: 96333
APN: 117B-000-0344-0000
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