NOT LISTED FOR SALE

745 W Grackle Ct Corolla, NC 27927

Estimated Value: $650,372 - $673,000

4 Beds
2 Baths
1,804 Sq Ft
$367/Sq Ft Est. Value

Last Sold November 22, 2022

Last sale price $625,000 $346 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,866/month

3 Days on Market

Highlights

  • Community Beach Access
  • Beach Box Architecture
  • Game Room
  • In Ground Pool
  • Furnished
  • Screened Porch

About This Home

As of November 2022

Well maintained Ocean Sands vacation home offers 4 bedrooms, 2 bathrooms, game room, large private pool, hot tub, and the potential for increased rental income. Located in the family friendly community of Ocean Sands, on an elevated X flood zone flag lot, this comfortable beach getaway is a short walk through the neighborhood to the beach or a quick car ride to the shopping, restaurants, and attractions of Corolla. The upper level consists of the family room with vaulted ceilings, a simple and efficient design of the kitchen adjoining the dining area, a primary bedroom that shares the full hall bath, and the expansive sun deck with an adjacent screened porch. The mid level includes three additional bedrooms and a full hall bath. A covered deck offers a spot for shade and relaxation, as well as the hot tub. The stairway and hallway feature whitewashed wainscotting which showcases the tranquil wall colors, fresh white trim, and new floors. The ground level offers additional wainscotting in the convenient laundry area and in the game room which has a sliding glass door leading out to a patio area. This area is separate from the pool area and provides ample space for grilling or picnicking. Inside the fenced area is a 12x28’ pool with plenty of space for everyone to lounge. This fresh and turnkey property is sparingly rented only a few months out of the year and opening the rental season would offer added value to investment buyers. However, the property also fits the bill for a beach getaway or even a primary residence. Buyers will appreciate the size, condition, and location of “Our Surf Song”, as well as enjoy the walkable/bikeable community of Ocean Sands. This property is a must see.

Last Agent to Sell the Property

Matt Myatt

Keller Williams - Outer Banks License #218707 Listed on: 10/08/2022

Keller Williams - Outer Banks

Co-Listed By

Terry Blocher

Keller Williams - Outer Banks License #271673

Last Buyer's Agent

John Leatherwood

Coldwell Banker Seaside Realty KH License #86507

Coldwell Banker Seaside Realty KH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,948

Year Built

  • Built in 2000

Lot Details

  • 7,500 Sq Ft Lot
  • Cul-De-Sac
  • Property is zoned SFO

HOA Fees

  • $75 Monthly HOA Fees

Home Design

  • Beach Box Architecture
  • Reverse Style Home
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 1,804 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Game Room
  • Screened Porch
  • Luxury Vinyl Plank Tile Flooring

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Laminate Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Paved Parking
  • Off-Street Parking

Pool

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

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Patio
  • Exterior Lighting

Utilities

  • Heat Pump System
  • Municipal Utilities District Water
  • Community Sewer or Septic

Listing and Financial Details

  • Tax Lot 12

Community Details

Overview

  • Association fees include management, road maintenance, tennis courts, walkways
  • Signature Touch Association, Phone Number (252) 441-8857
  • Ocean Sands Subdivision

Recreation

  • Community Boardwalk
  • Community Beach Access
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,948

Year Built

Built in 2000

Lot Details

0

HOA Fees

$75 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Beach Box, Reverse Floor Plan
  • Directions: North on Ocean Trail to right onto Seabird Way, right onto Cormorant Tr, right onto W Grackle.
  • Extras: Ceiling Fan(s), Covered Decks, Hot Tub, Outside Lighting, Outside Shower, Patio, Screened Porch, Sun Deck, Dry Entry, Inside Laundry Room
  • Flood Zone: X
  • Subdivision Name: Ocean Sands Section I
  • Headline: Vacation Getaway!
  • Heated Sq Ft: 1804
  • L V T Date: 10/08/2022
  • Roads: Paved
  • Sale/Rent: For Sale
  • Section: I
  • Zoning: SFO
  • Advertised Income 2021: 34940
  • Advertised Income 2022: 40078
  • Deed Book Pg Number: 921
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Major Subdivision: Ocean Sands
  • Newpoint Media: Yes
  • Office License Number: C30917
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 4
  • Bedroom 1: 13x11, On Level: 2
  • Bedroom 2: 15x11, On Level: 1
  • Bedroom 3: 10x11, On Level: 1
  • Bedroom 4: 12x14, On Level: 1
  • Kitchen: 9x9, On Level: 2
  • Countertops: Laminate
  • Electronic Locks: Leased
  • Floor Coverings: Luxury Vinyl Plank
  • Foundation: Piling, Slab
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: Dryer Connection, Ice Maker Connection, Some Windows Treated, Washer Connection
  • Dining Room: 11x14, On Level: 2
  • Family Room: 13x17, On Level: 2
  • Game Room: 12x17, On Level: Ground
  • Optional Rooms: Game Room

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Shakes
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Fiberglass, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • Screen Porch Size: 8.6x11.6

Garage/Parking

  • Garage: Carport
  • Parking: Paved, Off Street

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Management, Road Maintenance, Tennis Courts, Walkways
  • Association Amenities: Ocean Access, Outdoor-Comm. Tennis, Board Walk
  • Association Fee: Yes
  • Estimated Annual Fee: 900
  • Hoa Contact: Signature Touch
  • HOA Contact: 252-441-8857
  • Home Owner Dwelling Insurance: 1375

Lot Info

  • Estimated Lot Sq Ft: 7500
  • Lot Description: Cul-de-sac
  • Lot Number: Lot 12
  • Estimated Lot Size: 0.17
  • Deed Book: 1214

Rental Info

  • Est Annual Rental Income: 87044
  • Estimated Rental Performance: 0.1393
  • Lease Terms: Weekly
  • Poolspa Expense: 2562
  • Rental Co: Village Realty
  • Rental Cottage Name: Our Surf Song
  • Rental Cottage Number: OSI09
  • Rental Phone Number: 252-480-2224
  • Rental Turnover Day: Sat
  • Yearly Expense Actual Estimate: Estimated
  • Annual Cable TV Expense: 2128
  • Annual Electric: 2030
  • Annual Water Expense: 1040
  • Rental Contact Email: OwnerRelations@vrobx.com
  • Rental Contact Name: Alyssa McDonald
  • Rental Contact Phone: 252-480-2224

Building Info

  • Year Built: 2000

Tax Info

  • Year: 2022
  • Taxes: 2948

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2022
Closed on
Oct 26, 2022
Sold by
Milza Paul J and Milza Judy
Bought by
Smith Tony Alonzo and Smith Lorraine Rose
Seller's Agent
Matt Myatt
Keller Williams - Outer Banks
Buyer's Agent
John Leatherwood
Coldwell Banker Seaside Realty KH
List Price
$599,000
Sold Price
$625,000
Premium/Discount to List
$26,000
4.34%
Current Estimated Value
$661,593

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,593
Avg. Annual Appreciation
1.84%
Original Mortgage
$125,000
Outstanding Balance
$120,609
Interest Rate
6.61%
Estimated Equity
$540,984

Purchase Details

Listed on
Mar 14, 2012
Closed on
Aug 31, 2012
Sold by
Bragg David L and Bragg Susan F
Bought by
Milza Paul I and Milza Judy
Seller's Agent
Toy Warden
RE/MAX Coastal Associates - Outer Banks
Buyer's Agent
Anthony Baca
Coastal NC Realty Group
List Price
$347,000
Sold Price
$325,000
Premium/Discount to List
-$22,000
-6.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.60%
Original Mortgage
$260,000
Interest Rate
3.58%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Smith Tony Alonzo $3,750,000 --
Milza Paul I $325,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Tony Alonzo $125,000
Open Smith Tony Alonzo $375,000
Previous Owner Milza Paul I $260,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/22/2022 11/22/22 Sold $625,000 +4.3% $346 / Sq Ft
10/11/2022 10/11/22 Pending -- -- --
10/08/2022 10/08/22 For Sale $599,000 +84.3% $332 / Sq Ft
08/31/2012 08/31/12 Sold $325,000 -6.3% $184 / Sq Ft View Prior Sale
07/07/2012 07/07/12 Pending -- -- --
03/14/2012 03/14/12 For Sale $347,000 -- $196 / 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 $4,020 $317,200 $75,000 $242,200
2024 $4,020 $317,200 $75,000 $242,200
2023 $3,991 $317,200 $75,000 $242,200
2022 $2,949 $317,200 $75,000 $242,200
2021 $2,604 $315,900 $110,000 $205,900
2020 $2,521 $315,900 $110,000 $205,900
2019 $2,521 $315,900 $110,000 $205,900
2018 $0 $315,900 $110,000 $205,900
2017 $2,370 $315,900 $110,000 $205,900
2016 $2,148 $315,900 $110,000 $205,900
2015 -- $315,900 $110,000 $205,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 120534

Outer Banks Association of REALTORS®

APN: 126A-000-0012-000I