NOT LISTED FOR SALE

741 Cormorant Ct Corolla, NC 27927

Estimated Value: $550,000 - $634,000

4 Beds
2.5 Baths
1,739 Sq Ft
$337/Sq Ft Est. Value

Last Sold September 03, 2021

Last sale price $437,000 $251 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $3,372/month

8 Days on Market

Highlights

  • Community Beach Access
  • Furnished
  • Living Room
  • Outdoor Pool
  • Tennis Courts
  • Dining Room

About This Home

As of September 2021

This charmer is the perfect combination of home and beach. The center mast that rises through the house is reminiscent of a tall ship, which is fitting as you are only steps from the ocean itself through the quiet cul-de-sac trail easement. The large undeveloped section directly to the south means you'll have more of the beach all to yourself when you go to lay out your towel and umbrella. The freshly paved driveway and carport provide ample space for cars, boats, kayaks and more! On the first floor you'll find an outdoor shower, lockable storage room, but once inside the front door there is the side-by-side washer and dryer. All of the bedrooms are located on the second floor as well as two full baths with new flooring and vanities. Each bedroom has a sliding door to provide access to the covered porch and a hammock to relax in, rocking gently in the shade and ocean breezes. On the third floor you'll find vaulted ceilings and exposed beams over a large open concept, brightly lit living room, dining room, and kitchen with a new sink, countertops, and flooring. Outside there is a large sun deck that wraps from front to side and leads to the newly screened in porch. If you're looking for a day at the pool, you're in luck because this home comes with a grandfathered membership to the Ocean Sands association pool as well as tennis courts. This home has been lived in, cared for, and updated by its loving owners. It would serve well as a rental or just make it your home in Corolla too.

Last Agent to Sell the Property

Clint Baron

ROG OBX, Inc License #305149 Listed on: 07/11/2021

Co-Listed By

M. Kelly Gorman

All at Sea Realty License #80994

Last Buyer's Agent

Clint Baron

ROG OBX, Inc License #305149 Listed on: 07/11/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,265

Year Built

  • Built in 1988

Lot Details

  • 5,227

HOA Fees

  • $75 Monthly HOA Fees

Interior Spaces

  • 1,739 Sq Ft Home
  • Furnished
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 4 Bedrooms

Pool

  • Outdoor Pool

Listing and Financial Details

  • Legal Lot and Block 3 / Lot 3

Community Details

Overview

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

Recreation

  • Community Beach Access
  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,265

Year Built

Built in 1988

Lot Details

0

HOA Fees

$75 per month

Listing Details

  • Class: RESIDENTIAL
  • Flood Zone: X
  • Headline: Cul-de-sac with ocean trail
  • Heated Sq Ft: 1739
  • L V T Date: 07/13/2021
  • Primary Residence: Yes
  • Sale/Rent: For Sale
  • Section: I
  • Waterfront Location: More than 5th row
  • Zoning: Res
  • Deed Book Pg Number: 290
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Major Subdivision: Ocean Sands
  • Newpoint Media: Yes
  • Office License Number: C30605
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bedroom 1: On Level: 2
  • Bedroom 2: On Level: 2
  • Bedroom 3: On Level: 2
  • Kitchen: On Level: 3
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Dining Room: On Level: 3
  • Living Room: On Level: 3
  • Partial Bathrooms: 1

Exterior Features

  • Pool: Yes
  • Pool: Association
  • Pool Type: Association Pool

Condo/Co-op/Association

  • Association Amenities: Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis
  • Association Fee: Yes
  • Estimated Annual Fee: 900
  • Hoa Contact: Signature Touch
  • HOA Contact: 252-441-8857

Lot Info

  • Lot Number: Lot 3
  • Deed Book: 1390

Building Info

  • Year Built: 1988

Tax Info

  • Year: 2020
  • Taxes: 2265

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2021
Closed on
Aug 30, 2021
Sold by
Valetine Richard Paul and Cisman Annette L
Bought by
Herman Rachel and Eingalls Steve
Seller's Agent
Clint Baron
ROG OBX, Inc
Buyer's Agent
Clint Baron
ROG OBX, Inc
List Price
$437,000
Sold Price
$437,000
Current Estimated Value
$578,533

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,533
Avg. Annual Appreciation
6.89%
Original Mortgage
$349,600
Outstanding Balance
$315,521
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$270,810

Purchase Details

Listed on
May 3, 2016
Closed on
Dec 12, 2016
Sold by
Yurcho Michael J and Yurcho Patricia W
Bought by
Valentine Richard Paul and Cisman Annette L
Seller's Agent
Daniel Fenyak
Outer Banks Blue Realty Srvcs.
Buyer's Agent
M. Kelly Gorman
All at Sea Realty
List Price
$298,900
Sold Price
$274,000
Premium/Discount to List
-$24,900
-8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.37%
Original Mortgage
$219,200
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 2, 1993
Bought by
Yurcho Michael J and Yurcho Patricia W
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
Herman Rachel $437,000 None Available
Valentine Richard Paul $274,000 Attorney
Yurcho Michael J $143,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herman Rachel $349,600
Previous Owner Valentine Richard Paul $219,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/03/2021 09/03/21 Sold $437,000 0.0% $251 / Sq Ft
07/19/2021 07/19/21 Pending -- -- --
07/11/2021 07/11/21 For Sale $437,000 +59.5% $251 / Sq Ft
12/12/2016 12/12/16 Sold $274,000 -8.3% $158 / Sq Ft View Prior Sale
10/28/2016 10/28/16 Pending -- -- --
05/03/2016 05/03/16 For Sale $298,900 -- $172 / 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 $3,520 $273,900 $75,000 $198,900
2024 $3,520 $273,900 $75,000 $198,900
2023 $3,504 $273,900 $75,000 $198,900
2022 $2,559 $273,900 $75,000 $198,900
2021 $2,266 $284,800 $110,000 $174,800
2020 $2,265 $284,800 $110,000 $174,800
2019 $2,262 $284,800 $110,000 $174,800
2018 $2,291 $284,800 $110,000 $174,800
2017 $2,127 $284,800 $110,000 $174,800
2016 $1,925 $284,800 $110,000 $174,800
2015 $1,784 $284,800 $110,000 $174,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 115204

Outer Banks Association of REALTORS®

APN: 126A-000-0003-000I