NOT LISTED FOR SALE

753 Ridge Point Dr Corolla, NC 27927

Estimated Value: $655,000 - $684,000

3 Beds
3.5 Baths
2,216 Sq Ft
$304/Sq Ft Est. Value

Last Sold March 17, 2017

Last sale price $287,000 $130 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $4,277/month

60 Days on Market

Highlights

  • Community Beach Access
  • Spa
  • Coastal Architecture
  • Ocean View
  • Gated Community
  • Cathedral Ceiling

About This Home

As of March 2017

If you are looking for a rental property with great numbers for under $300K, look no further. Easily one of the highest producing rental properties you will find in Corolla for under $300K. 2016 gross rental income was $31,240! Offering 3 bedrooms and 3.5 bathrooms this home offers plenty of room for the family to spread out. Entering through the front door you are greeted by a large open den, on this level you will also find the first 2 bedrooms (1 master) and 2 full bathrooms. On the 2nd level, a 2nd Master Suite, den with fireplace, kitchen and dining room. Don't forget the tower room! Views of the Atlantic, a wet bar, yet another deck top this wonderful vacation home! Room for a pool, but property is located across the street from the Hammocks community pool.

Last Agent to Sell the Property

Matt Myatt

Keller Williams - Outer Banks License #218707 Listed on: 12/01/2016

Keller Williams - Outer Banks

Last Buyer's Agent

Chase Checho

Default, Office License #287715

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,771

Year Built

  • Built in 2004

Lot Details

  • Property fronts a private road
  • Cul-De-Sac
  • Fenced Yard
  • Landscaped
  • Sprinkler System

HOA Fees

  • $534 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Cottage
  • Reverse Style Home
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Lap Siding
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 2,216 Sq Ft Home
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Entrance Foyer
  • Loft
  • Game Room
  • Ocean Views
  • Dryer

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • Garage
  • Carport
  • Garage Door Opener

Pool

  • Spa
  • Outdoor Pool

Outdoor Features

  • Sun Deck
  • Covered Deck

Utilities

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

Listing and Financial Details

  • Tax Lot 39

Community Details

Overview

  • Association fees include building maintenance, common electric, common insurance, grounds maintenance, management, pool, security, taxes, tennis courts, walkways
  • Built by Landmark
  • Tcc The Hammocks Subdivision

Recreation

  • Community Beach Access
  • Tennis Courts
  • Community Playground
  • Community Pool

Additional Features

  • Common Area
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,771

Year Built

Built in 2004

Lot Details

3,049 Sq Ft Lot

HOA Fees

$534 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal, Cottage
  • Directions: Turn into TCC, turn R onto Hunt Club, R onto Seafare, L onto Dune Point, L onto Ridge Point
  • Extras: Ceiling Fan(s), Covered Decks, Fenced Yard, Garage Door Opener, Hot Tub, Landscaped, Lawn Sprinklers, Sun Deck
  • Flood Zone: X
  • Headline: Rental Machine!
  • Heated Sq Ft: 2216
  • L V T Date: 12/01/2016
  • Primary Residence: Yes
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Zoning: Res
  • Deed Book Pg Number: 888
  • Major Subdivision: The Currituck Club
  • Office License Number: C26996
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator
  • Bedrooms: 3
  • Countertops: Laminate
  • Floor Coverings: Carpet, Ceramic Tile
  • Foundation: Piling, Slab
  • Full Bathrooms: 3
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Gas Fireplace, Wet Bar
  • Optional Rooms: Foyer, Game Room, Loft
  • Partial Bathrooms: 1

Exterior Features

  • Homebuilder: Landmark
  • Construction: Frame
  • Exterior: Lap Siding, Cement Fiber Board
  • Pool: Yes
  • Pool: Association
  • Pool Type: Association Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Garage: 1 Car, Attached

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Building Maintenance, Common Electric, Common Insurance, Grounds Maintenance, Management, Pool, Security, Taxes, Tennis Courts, Walkways
  • Association Amenities: Gated Community, Ocean Access, Outdoor-Comm. Tennis, Playground, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 6403

Lot Info

  • Lot Description: Cul-de-sac
  • Lot Number: Lot 39
  • Deed Book: 738

Rental Info

  • Est Annual Rental Income: 31240
  • Estimated Rental Performance: 0.1089
  • Rental Co: Village Realty
  • Rental Cottage Name: Sound Spirit
  • Rental Cottage Number: HK-39
  • Rental Phone Number: 453-9650
  • Rental Turnover Day: Saturday

Building Info

  • Year Built: 2004

Tax Info

  • Year: 2015
  • Taxes: 1771

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2016
Closed on
Mar 20, 2017
Sold by
Albright Nancy E
Bought by
Almelor Roberto Roman and Tuanda Honeylet Cordova
Seller's Agent
Matt Myatt
Keller Williams - Outer Banks
Buyer's Agent
Chase Checho
Default, Office
List Price
$294,900
Sold Price
$287,000
Premium/Discount to List
-$7,900
-2.68%
Current Estimated Value
$674,179

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$387,179
Avg. Annual Appreciation
10.05%
Original Mortgage
$229,600
Outstanding Balance
$187,846
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$486,333

Purchase Details

Closed on
Dec 19, 2003
Bought by
Albright Nancy E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Almelor Roberto Roman $287,000 Attorney
Albright Nancy E $92,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Almelor Roberto Roman $229,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/17/2017 03/17/17 Sold $287,000 -2.7% $130 / Sq Ft
01/30/2017 01/30/17 Pending -- -- --
12/01/2016 12/01/16 For Sale $294,900 -- $133 / Sq Ft
Source: Outer Banks Association of REALTORS®

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 $3,237 $379,100 $80,000 $299,100
2024 $3,237 $379,100 $80,000 $299,100
2023 $3,221 $379,100 $80,000 $299,100
2022 $2,441 $379,100 $80,000 $299,100
2021 $2,426 $305,700 $80,000 $225,700
2020 $1,965 $305,700 $80,000 $225,700
2019 $1,964 $305,700 $80,000 $225,700
2018 $1,943 $305,700 $80,000 $225,700
2017 $1,772 $305,700 $80,000 $225,700
2016 $1,772 $305,700 $80,000 $225,700
2015 $1,772 $305,700 $80,000 $225,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 94474

Outer Banks Association of REALTORS®

APN: 117B-000-0039-0000

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