NOT LISTED FOR SALE

742 Hammock Ln Corolla, NC 27927

Corolla Neighborhood

Estimated Value: $1,009,007 - $1,189,000

5 Beds
6 Baths
3,200 Sq Ft
$338/Sq Ft Est. Value

Last Sold June 23, 2016

Last sale price $685,000 $214 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $6,702/month

16 Days on Market

Highlights

  • Community Beach Access
  • Health Club
  • In Ground Pool
  • Ocean View
  • Golf Course Community
  • Gated Community

About This Home

As of June 2016

Perched high atop a large sand dune and situated on 12 fairway this Reserves craftsman home offers excellent ocean, sound and golf course views. Top quality construction, upgrades galore and fine furnishings make this house a sure thing! Offering 5 bedrooms, 4 full and 2 partial bathrooms and 3,200 square feet make this home large enough for the entire family. Upgrades include hardwood floors, gourmet kitchen, open floor plan, large bedrooms, custom tiled bathrooms. The indoors flow perfectly to the beautiful outdoor space which includes large sun decks, private pool, hot tub, and large fenced in yard. A hole in one is what every golfer strives for, there is not doubt this house is a hole in one! Rental projection on file.

Last Agent to Sell the Property

Matt Myatt

Keller Williams - Outer Banks License #218707 Listed on: 04/29/2016

Keller Williams - Outer Banks

Last Buyer's Agent

Tim Lancsek

Surfside Realty License #210399

Surfside Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,109

Year Built

  • Built in 2002

Lot Details

  • Property fronts a private road
  • Landscaped
  • Level Lot
  • Sprinkler System

HOA Fees

  • $289 Monthly HOA Fees

Property Views

  • Ocean
  • Views of a Sound
  • Golf Course

Home Design

  • Craftsman Architecture
  • Coastal Architecture
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 3,200 Sq Ft Home
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Entrance Foyer
  • Game Room
  • Fire and Smoke Detector

Kitchen

  • Built-In Oven
  • Built-In Range
  • Microwave
  • Second Refrigerator
  • Ice Maker
  • Dishwasher
  • Granite Countertops
  • Laminate Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Carport
  • Garage Door Opener
  • Off-Street Parking

Pool

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

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Patio
  • 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 #343

Community Details

Overview

  • Association fees include common electric, common insurance, management, pool, road maintenance, security, taxes, tennis courts, walkways
  • Tcc Currituck Club Subdivision

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Community Beach Access
  • Golf Course Community
  • Health Club
  • Tennis Courts
  • Community Playground
  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,109

Year Built

Built in 2002

Lot Details

0

HOA Fees

$289 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Craftsman, Coastal
  • Directions: Main entrance to TCC. Right on Hunt Club Drive. Right towards Hammocks. Home on right on Hammock Lane.
  • Extras: Beach Access, Ceiling Fan(s), Covered Decks, Garage Door Opener, Hot Tub, Landscaped, Lawn Sprinklers, Outside Lighting, Outside Shower, Patio, Smoke Detector(s), Sun Deck
  • Flood Zone: X
  • Headline: Ocean to Sound Views!
  • Heated Sq Ft: 3200
  • L V T Date: 04/29/2016
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Zoning: Res
  • Deed Book Pg Number: 0823
  • Major Subdivision: The Currituck Club
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Countertop Range, Dishwasher, Dryer, Microwave, Refrigerator w/Ice Maker, Wall Oven, Washer, 2nd Refrigerator
  • Bedrooms: 5
  • Countertops: Granite, Laminate
  • Floor Coverings: Carpet, Ceramic Tile, Tile, Wood, Hardwood
  • Foundation: Piling, Slab
  • Full Bathrooms: 4
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Pantry, Washer Connection, Wet Bar
  • Optional Rooms: Foyer, Game Room
  • Partial Bathrooms: 2

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool: Private and Association
  • Pool Type: Outdoor, In Ground, Vinyl, Private Pool, Association Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Golf Course, Ocean, Sound

Garage/Parking

  • Garage: 2 Car, Attached
  • Parking: Paved, Off Street

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, Management, Pool, Road Maintenance, Security, Taxes, Tennis Courts, Walkways
  • Association Amenities: Clubhouse, Gated Community, Golf Course, Health Club, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 3463

Lot Info

  • Lot Description: Level
  • Lot Number: Lot #343
  • Deed Book: 0636

Rental Info

  • Est Annual Rental Income: 60000
  • Estimated Rental Performance: 0.0858

Building Info

  • Year Built: 2002

Tax Info

  • Year: 2015
  • Taxes: 3109

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2016
Closed on
Jun 24, 2016
Sold by
Mcadam Richard B and Mcadam Frankye K
Bought by
Duman Michael E and Duman Laura M
Seller's Agent
Matt Myatt
Keller Williams - Outer Banks
Buyer's Agent
Tim Lancsek
Surfside Realty
List Price
$699,000
Sold Price
$685,000
Premium/Discount to List
-$14,000
-2%
Current Estimated Value
$1,081,002

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$396,002
Avg. Annual Appreciation
5.18%
Original Mortgage
$548,000
Outstanding Balance
$443,182
Interest Rate
3.57%
Mortgage Type
New Conventional
Estimated Equity
$635,797

Purchase Details

Closed on
Dec 19, 2002
Bought by
Mcadam Richard B and Mcadam Frankye K
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
Duman Michael E $685,000 Attorney
Mcadam Richard B $329,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Duman Michael E $548,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2016 06/23/16 Sold $685,000 -2.0% $214 / Sq Ft
05/15/2016 05/15/16 Pending -- -- --
04/29/2016 04/29/16 For Sale $699,000 -- $218 / 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 $4,696 $603,500 $90,000 $513,500
2023 $4,696 $603,500 $90,000 $513,500
2022 $3,517 $603,500 $90,000 $513,500
2021 $3,499 $584,200 $175,000 $409,200
2020 $3,366 $584,200 $175,000 $409,200
2019 $3,366 $584,200 $175,000 $409,200
2018 $3,475 $584,200 $175,000 $409,200
2017 $3,152 $584,200 $175,000 $409,200
2016 $3,152 $584,200 $175,000 $409,200
2015 $1,009 $584,200 $175,000 $409,200
Source: Public Records

Agents Affiliated with this Home

  • Matt Myatt

    Seller's Agent in 2016

    Matt Myatt

    Keller Williams - Outer Banks

    (252) 207-6588

    232 in this area

    458 Total Sales

    Matt Myatt
    Section Image
  • Tim Lancsek

    Buyer's Agent in 2016

    Tim Lancsek

    RE/MAX

    (252) 619-6089

    54 in this area

    137 Total Sales

    Tim Lancsek
    Section Image
See All Agents

Map

Source: Outer Banks Association of REALTORS®

MLS Number: 92221

Outer Banks Association of REALTORS®

APN: 117B-000-0343-0000

North Carolina Currituck County Corolla 27927 Corolla

742 Hammock Ln, Corolla, NC

This home is located at 742 Hammock Ln, Corolla, NC 27927 since 29 April 2016 and is currently estimated at $1,081,002, approximately $337 per square foot. This property was built in 2002. 742 Hammock Ln is a home located in Currituck County with nearby schools including Knotts Island Elementary School, Currituck County Middle School, and Currituck County High School.

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