NOT LISTED FOR SALE

754 Cormorant Trail Corolla, NC 27927

Corolla Area

Estimated Value: $990,000 - $1,203,676

7 Beds
8.5 Baths
4,668 Sq Ft
$225/Sq Ft Est. Value

Sale Details

Date Sold: January 20, 2022

Last sale price $965,000 $207 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $6,449 / mo

201 Days on Market

Highlights

  • Community Beach Access
  • In Ground Pool
  • Coastal Architecture
  • Knotts Island Elementary School Rated 9+
  • Pond View
  • Cathedral Ceiling

About This Home

As of January 2022

The spacious floor plan and guest friendly layout make Happy Haven a must-see! It’s an easy walk past the tennis courts to the ocean beach access. Back at home you and your guests can lounge by the private pool, relax in the hot tub, or take a break from the sun in the ground-floor game room. There’s plenty of room for everyone to gather in the top-floor great room. Separate living areas on each of the 3 floors plus the tower room to allow everyone to spread out and find some space for themselves. The elevator will handle all of your luggage as well as food and beverages for the whole crew. This home was extensively remodeled when an addition was added by renowned local builder Olin Finch in 2002. The current owners remodeled the kitchen this winter to get ready for another busy rental season. The location and floor plan make this home a favorite with guests. Put it on your list!

Last Agent to Sell the Property

Mark Pearson

Real Broker, LLC License #224976 Listed on: 05/02/2021

Real Broker, LLC

Last Buyer's Agent

Elizabeth Precise

LPT Realty, LLC License #334904

LPT Realty, LLC

Range of Values:

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Value Increase
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Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,028

Year Built

  • Built in 1985

Lot Details

  • Corner Lot
  • Level Lot

HOA Fees

  • $75 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 4,668 Sq Ft Home
  • Elevator
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Game Room
  • Screened Porch
  • Pond Views
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Paved Parking
  • Off-Street Parking

Pool

  • In Ground Pool
  • Spa

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District Water
  • Community Sewer or Septic

Additional Features

  • Handicap Accessible
  • Covered Deck

Listing and Financial Details

  • Tax Lot 79

Community Details

Overview

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

Recreation

  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,028

Year Built

Built in 1985

Lot Details

9,148 Sq Ft Lot

HOA Fees

$75 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Directions: From NC Highway 12, proceed east on Seabird Way, turn left on Cormorant Trail.
  • Extras: Ceiling Fan(s), Covered Decks, Elevator, Handicap Friendly, Hot Tub, Screened Porch, Smoke Detector(s), Inside Laundry Room
  • Flood Zone: X
  • Headline: 4,660 Sq Ft Rental Machine!
  • Heated Sq Ft: 4668
  • L V T Date: 05/02/2021
  • Roads: Paved
  • Sale/Rent: For Sale
  • Section: J
  • Waterfront Location: More than 5th row
  • Zoning: RES
  • Advertised Income 2020: 74200
  • Advertised Income 2021: 87714
  • Deed Book Pg Number: 142
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Major Subdivision: Ocean Sands
  • Newpoint Media: Yes
  • Office License Number: C26996
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Countertop Range, Dishwasher, Dryer, Microwave, Refrigerator w/Ice Maker, Wall Oven, Washer, 2nd Dishwasher
  • Bedrooms: 7
  • Countertops: Granite
  • Electronic Locks: Leased
  • Floor Coverings: Carpet, Ceramic Tile, Vinyl, Wood Laminate
  • Foundation: Piling
  • Full Bathrooms: 8
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Pantry, Some Windows Treated, Washer Connection, Wet Bar
  • Optional Rooms: Game Room, Office, Shipswatch
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool: Private
  • Pool Type: In Ground, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Pond

Garage/Parking

  • Parking: Paved, Off Street

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Management
  • Association Amenities: Ocean Access
  • Association Fee: Yes
  • Estimated Annual Fee: 900
  • Hoa Contact: Signature Touch
  • HOA Contact: 252-441-8857

Lot Info

  • Lot Description: Corner, Level
  • Lot Number: Lot 79
  • Deed Book: 1487

Rental Info

  • Est Annual Rental Income: 93200
  • Estimated Rental Performance: 0.0966
  • Lease Terms: Weekly
  • Rental Co: Village Realty
  • Rental Cottage Name: Happy Haven
  • Rental Cottage Number: OSJ09
  • Rental Phone Number: 252-457-1913
  • Rental Turnover Day: Saturday
  • Rental Contact Email: yourmgmtteam@villagerealtyobx.com
  • Rental Contact Name: Alyssa McDonald/ Tirzah Hansen
  • Rental Contact Phone: 252-457-1913

Building Info

  • Year Built: 1985

Tax Info

  • Year: 2020
  • Taxes: 4027.71

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2021
Closed on
Jan 11, 2022
Sold by
Bought by
Seller's Agent
Mark Pearson
Real Broker, LLC
Buyer's Agent
Elizabeth Precise
LPT Realty, LLC
List Price
$1,100,000
Sold Price
$965,000
Premium/Discount to List
-$135,000
-12.27%
Current Estimated Value
$1,049,919

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,919
Avg. Annual Appreciation
1.88%
Original Mortgage
$772,000
Outstanding Balance
$698,246
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$351,673

Purchase Details

Closed on
Jun 12, 2019
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 7, 2015
Closed on
Jul 13, 2016
Sold by
Bought by
Seller's Agent
Whitney Hawkins
Brindley Beach Vacations & Sales - Cor
Buyer's Agent
Sarah Brown
Keller Williams Outer Banks KDH
List Price
$575,000
Sold Price
$495,000
Premium/Discount to List
-$80,000
-13.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.78%
Original Mortgage
$417,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 13, 2008
Sold by
Bought by

Purchase Details

Closed on
Jun 6, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$612,500
Interest Rate
5.54%
Mortgage Type
Unknown
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Corolla, NC

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$965,000 Casey & Robbins Pc
$450,000 None Available
$495,000 Attorney
$740,000 None Available
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $772,000
Previous Owner $300,000
Previous Owner $417,000
Previous Owner $408,600
Previous Owner $612,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/20/2022 01/20/22 Sold $965,000 -3.4% $207 / Sq Ft
11/19/2021 11/19/21 Pending -- -- --
06/17/2021 06/17/21 Price Changed $998,900 -9.2% $214 / Sq Ft
05/02/2021 05/02/21 For Sale $1,100,000 +122.2% $236 / Sq Ft
07/26/2016 07/26/16 Sold $495,000 -13.9% $106 / Sq Ft View Prior Sale
06/21/2016 06/21/16 Pending -- -- --
10/07/2015 10/07/15 For Sale $575,000 -- $123 / Sq Ft
Source: Outer Banks Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $7,121 $591,900 $75,000 $516,900
2024 $7,121 $591,900 $75,000 $516,900
2023 $7,105 $591,900 $75,000 $516,900
2022 $5,169 $591,900 $75,000 $516,900
2021 $4,517 $523,900 $110,000 $413,900
2020 $4,028 $523,900 $110,000 $413,900
2019 $4,028 $523,900 $110,000 $413,900
2018 $4,082 $523,900 $110,000 $413,900
2017 $3,803 $523,900 $110,000 $413,900
2016 $3,409 $523,900 $110,000 $413,900
2015 $3,136 $523,900 $110,000 $413,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 114167

Outer Banks Association of REALTORS®

APN: 126A-000-0079-000J

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