NOT LISTED FOR SALE

763 Cormorant Trail Corolla, NC 27927

Corolla Neighborhood

Estimated Value: $576,000 - $770,000

5 Beds
3 Baths
2,133 Sq Ft
$313/Sq Ft Est. Value

Last Sold June 26, 2020

Last sale price $353,000 $165 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $3,934/month

115 Days on Market

Highlights

  • Community Beach Access
  • Cathedral Ceiling
  • Hydromassage or Jetted Bathtub
  • In Ground Pool
  • Wood Flooring
  • Furnished

About This Home

As of June 2020

Sweet 5 bedroom/3 bath Ocean Sands gem just waiting for a new owner. Property has a functional layout featuring a ground level game room with pool access, spacious mid-level guest rooms with hot tub and covered porch access, upper level Master en Suite, and open concept family/dining/kitchen areas with screened porch access. Stainless appliances and a ceramic floor compliment the galley kitchen with breakfast bar, and a large screened porch off the dining area gives even more options for dining. The open concept ties the kitchen, family room and dining spaces together. Hardwood floors accent this space and continue into the large Master en Suite. A high ceiling, natural light and tropical décor give the top floor master a comfortable and relaxed feel. Hardwood floors also accent the wide wainscoted midlevel hallway and bedrooms. There is convenient access to the hot tub on the covered deck and a separate entry to the house on this middle level. Another Master en Suite is found here, along with 2 more guest bedrooms, a hall bath and handy laundry. Another Queen bedroom is located on the ground level. Fun is the theme for the ground floor game room. A freestanding Pub bar with brass foot rail compliments the game room, complete with pool table and access to the 11x28’ pool. A buffer of woods adds an element of privacy to this area, as well as the overall location on a cul-de-sac street with no thru traffic. The home is turnkey with newer major systems (HVAC 2015, Hot Water 2012) and a brand-new Fortified Roof! Most interior flooring (hardwood & ceramic tile), appliances, and furnishings have all been replaced since 2012. The cheerful décor, spacious bedrooms (2 Master en suites, 3 guest rooms) and comfortable feel make Turtle Time a favorite with renters. Multiple spaces for entertaining and relaxing give added value to this awesome rental home.

Last Agent to Sell the Property

Matt Myatt

Keller Williams - Outer Banks License #218707 Listed on: 01/23/2020

Keller Williams - Outer Banks

Co-Listed By

Terry Blocher

Keller Williams - Outer Banks License #271673

Last Buyer's Agent

Kim Mills Kirkby

The Real Estate Group Carolina Properties License #308286

The Real Estate Group Carolina Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,092

Year Built

  • Built in 1998

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 60x120
  • Landscaped
  • Level Lot

HOA Fees

  • $50 Monthly HOA Fees

Home Design

  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 2,133 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Game Room
  • Screened Porch

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

  • Tuck Under Parking
  • Paved Parking
  • Off-Street Parking

Pool

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

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Tax Lot #53

Community Details

Overview

  • Association fees include common electric, management, road maintenance, tennis courts, walkways
  • Ocean Sands Subdivision

Recreation

  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,092

Year Built

Built in 1998

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: NC-12 to right onto Seabird Way (Ocean Sands section J), turn left onto Cormorant Trail, follow around to the left- home will be on the right side of the cul-de-sac street.
  • Extras: Beach Access, Ceiling Fan(s), Covered Decks, Hot Tub, Jet Tub, Landscaped, Outside Lighting, Outside Shower, Screened Porch, Sun Deck, Dry Entry
  • Flood Zone: X
  • Headline: Turn Key Gem!
  • Heated Sq Ft: 2133
  • L V T Date: 01/23/2020
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: J
  • Zoning: res
  • Deed Book Pg Number: 198
  • 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: 5
  • Countertops: Laminate
  • Floor Coverings: Carpet, Ceramic Tile, Vinyl, Hardwood
  • Foundation: Piling
  • Full Bathrooms: 3
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Washer Connection
  • 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

Garage/Parking

  • Garage: Attached, Carport
  • Parking: Paved, Off Street, Under

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Common Electric, Management, Road Maintenance, Tennis Courts, Walkways
  • Association Amenities: Ocean Access
  • Association Fee: Yes
  • Estimated Annual Fee: 600

Lot Info

  • Lot Description: Level
  • Lot Size: 60x120
  • Lot Number: Lot #53
  • Estimated Lot Size: 0.17
  • Deed Book: 1201

Rental Info

  • Est Annual Rental Income: 46642
  • Estimated Rental Performance: 0.1321
  • Lease Terms: Variable, Weekly
  • Rental Co: VRBO
  • Rental Cottage Name: Turtle Time
  • Rental Turnover Day: varies

Building Info

  • Year Built: 1998

Tax Info

  • Year: 2019
  • Taxes: 2092

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2020
Closed on
Jun 16, 2020
Sold by
Bailey Paul and Bailey Annde
Bought by
Sanderlin Robert O and Sanderlin Cathy M
Seller's Agent
Matt Myatt
Keller Williams - Outer Banks
Buyer's Agent
Kim Mills Kirkby
The Real Estate Group Carolina Properties
List Price
$365,000
Sold Price
$353,000
Premium/Discount to List
-$12,000
-3.29%
Current Estimated Value
$667,854

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$314,854
Avg. Annual Appreciation
12.86%
Original Mortgage
$123,000
Outstanding Balance
$109,030
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$558,824

Purchase Details

Closed on
Apr 26, 2012
Sold by
Deutsche Bank National Trust Company
Bought by
Bailey Paul and Bailey Annde

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
4.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 14, 2011
Sold by
Prahach Charles J and Prahach Kathleen
Bought by
Deutsche Bank National Trust Company
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Sanderlin Robert O $353,000 None Available
Bailey Paul $260,000 None Available
Deutsche Bank National Trust Company $350,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanderlin Robert O $123,000
Previous Owner Bailey Paul $195,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2020 06/26/20 Sold $353,000 -3.3% $165 / Sq Ft
05/17/2020 05/17/20 Pending -- -- --
01/23/2020 01/23/20 For Sale $365,000 -- $171 / 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 $4,114 $328,200 $75,000 $253,200
2023 $4,114 $309,500 $75,000 $234,500
2022 $2,887 $309,500 $75,000 $234,500
2021 $2,193 $260,900 $100,000 $160,900
2020 $2,084 $260,900 $100,000 $160,900
2019 $2,092 $260,900 $100,000 $160,900
2018 $2,119 $260,900 $100,000 $160,900
2017 $1,967 $260,900 $100,000 $160,900
2016 $1,782 $260,900 $100,000 $160,900
2015 $1,650 $260,900 $100,000 $160,900
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Outer Banks Association of REALTORS®

MLS Number: 107991

Outer Banks Association of REALTORS®

APN: 126A-000-0053-000J