NOT LISTED FOR SALE

742 Crown Point Cir Corolla, NC 27927

Corolla Neighborhood

Estimated Value: $838,000 - $1,874,000

5 Beds
4.5 Baths
2,560 Sq Ft
$443/Sq Ft Est. Value

Last Sold August 05, 2022

Last sale price $779,000 $304 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $6,954/month

15 Days on Market

Highlights

  • Community Beach Access
  • Outdoor Pool
  • Cathedral Ceiling
  • Ocean View
  • Contemporary Architecture
  • Hydromassage or Jetted Bathtub

About This Home

As of August 2022

ONLY home on the market in most desired Crown Point Subdivision AND SO CLOSE TO THE BEACH *Completely maintenance free Exterior and Pristine Interior. Ocean Views and steps to the beach. Used as second home past 14 years. New HVAC systems 2015. Nest thermostats (control from your cell phone). Offers hot tub, renovated outdoor shower, new stainless steel refrigerator. New beach decor and comforters. New LVT life proof floor and fresh paint on entire bottom level. *MAINTENANCE FREE EXTERIOR Vinyl siding & trim with vinyl soffit, Anderson storm breaker sliding doors on 3rd level. Decking replaced with Timber Tech and post with PVC/Aluminum. All wood trims replaced with Alcoa P.V.C./Aluminum. Copper replaced around chimney. Kitchen roof vents replaced with Duraflo weatherpro vents. Annual rental projection $42,000. Enjoy all amenities of Crown Point - outdoor pool, tennis & beach access. Close to shopping, restaurants and Corolla attractions. Privacy - backs up to Open Space no home can be built behind this home. Owners state the best reason they bought was for the amazing year round neighbors and neighborhood watch. Owners have taken impeccable care of this home and it shows. Also offers Termite bond and on going maintenance with OBX Heat & Air. VACANT easy to show. Be sure to see this home before it is gone!

Last Agent to Sell the Property

Joanne Kepler

Beach Realty & Construction- Corolla License #190335 Listed on: 06/23/2022

Last Buyer's Agent

Heather McLay

Landmark Sotheby's International Realty License #188982

Landmark Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,822

Year Built

  • Built in 1995

Lot Details

  • 6,000 Sq Ft Lot
  • Property fronts a private road
  • Lot includes common area
  • Level Lot

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • Paved Parking

Home Design

  • Contemporary Architecture
  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Vinyl Construction Material

Interior Spaces

  • 2,560 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Ocean Views

Kitchen

  • Built-In Oven
  • Built-In Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Home Security

  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector

Pool

  • Outdoor Pool
  • Outdoor Shower
  • Spa

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District Water
  • Community Sewer or Septic

Listing and Financial Details

  • Tax Lot 31

Community Details

Overview

  • Association fees include common electric, common insurance, pool, tennis courts
  • Crown Point Property Owners As Association
  • Crown Point Subdivision

Recreation

  • Community Beach Access
  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,822

Year Built

Built in 1995

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary, Reverse Floor Plan
  • Extras: Beach Access, Ceiling Fan(s), Covered Decks, Hot Tub, Jet Tub, Outside Lighting, Outside Shower, Smoke Detector(s), Storm Doors, Storm Windows, Sun Deck
  • Flood Zone: AE
  • Subdivision Name: Crown Point
  • Headline: CLOSE TO BEACH (60 second walk
  • Heated Sq Ft: 2560
  • L V T Date: 06/23/2022
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Waterfront Location: 4 - lots from oceanfront (5th row)
  • Zoning: RES
  • Deed Book Pg Number: 0750
  • Destination Commerce Corp: Yes
  • Office License Number: C3297
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Countertop Range, Dishwasher, Dryer, Microwave, Refrigerator w/Ice Maker, Wall Oven, Washer, Wine Cooler
  • Bedrooms: 5
  • Countertops: Laminate
  • Floor Coverings: Carpet, Vinyl
  • Foundation: Piling
  • Full Bathrooms: 4
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Gas Fireplace, Ensuite, Washer Connection
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Vinyl
  • Pool: Yes
  • Pool: Association
  • Pool Type: Association Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Garage: Carport
  • Parking: Paved

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Common Electric, Common Insurance, Pool, Tennis Courts
  • Association Amenities: Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis
  • Association Fee: Yes
  • Estimated Annual Fee: 1200
  • Hoa Contact: Crown Point Property Owners As
  • HOA Contact: Adams Gerrilea
  • Home Owner Dwelling Insurance: 649

Lot Info

  • Estimated Lot Sq Ft: 6000
  • Lot Description: Adj. To Common Area, Level
  • Lot Number: Lot 31
  • Estimated Lot Size: 0.14
  • Deed Book: 1069

Rental Info

  • Est Annual Rental Income: 60890
  • Estimated Rental Performance: 0.0782

Building Info

  • Year Built: 1995

Tax Info

  • Year: 2021
  • Taxes: 3822

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2022
Closed on
Jul 26, 2022
Sold by
Ramirez Ray T and Ramirez Vicky R
Bought by
Toe Joseph Chris
Seller's Agent
Joanne Kepler
Beach Realty & Construction- Corolla
Buyer's Agent
Heather McLay
Landmark Sotheby's International Realty
List Price
$799,000
Sold Price
$779,000
Premium/Discount to List
-$20,000
-2.5%
Total Days on Market
15
Current Estimated Value
$1,132,807

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$353,807
Avg. Annual Appreciation
14.20%
Original Mortgage
$623,200
Outstanding Balance
$597,624
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$535,183

Purchase Details

Closed on
Dec 15, 2008
Sold by
Eshgh Ali A and Eshgh Barbara A
Bought by
Ramirez Ray T and Ramirez Vicky R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,000
Interest Rate
6.38%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Toe Joseph Chris $3,895,000 Rose Harrison Gilreath & Power
Ramirez Ray T $510,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Toe Joseph Chris $623,200
Previous Owner Ramirez Ray T $328,000
Previous Owner Ramirez Ray T $399,670
Previous Owner Ramirez Ray T $408,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2022 08/05/22 Sold $779,000 -2.5% $304 / Sq Ft
07/08/2022 07/08/22 Pending -- -- --
06/23/2022 06/23/22 For Sale $799,000 -- $312 / 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
2024 $5,956 $513,000 $215,000 $298,000
2023 $5,956 $513,000 $215,000 $298,000
2022 $4,350 $513,000 $215,000 $298,000
2021 $3,822 $494,400 $250,000 $244,400
2020 $3,681 $494,400 $250,000 $244,400
2019 $3,681 $494,400 $250,000 $244,400
2018 $3,731 $494,400 $250,000 $244,400
2017 $3,464 $494,400 $250,000 $244,400
2016 $3,118 $494,400 $250,000 $244,400
2015 $2,870 $494,400 $250,000 $244,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 119421

Outer Banks Association of REALTORS®

APN: 116A-000-0031-0000