NOT LISTED FOR SALE

764 Cormorant Trail Corolla, NC 27927

Corolla Neighborhood

Estimated Value: $817,000 - $1,106,000

6 Beds
6.5 Baths
3,040 Sq Ft
$325/Sq Ft Est. Value

Last Sold June 29, 2015

Last sale price $560,000 $184 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $5,890/month

181 Days on Market

Highlights

  • Community Beach Access
  • Concrete Pool
  • Cathedral Ceiling
  • Home Theater
  • Second Refrigerator
  • Marble Countertops

About This Home

As of June 2015

11% gross return on investment - show your investors this aggressively priced opportunity! The Crown Jewel is a Mediterranean inspired vacation destination earning $66,535 in 2013 and $66,975 in 2014! Amenities include a large heated pool with a water fall, theatre room, rec area on the ground floor with a pool table, foosball, poker table, wet bar, fridge, microwave and dishwasher. 2 bedrooms, a full bath and a laundry room are also located on this level. Interior finishes include fresco style painted ceilings and wall accents, marble column and faux stone details, and arched windows and doorways. Top level offers a gas fireplace, great room, kitchen featuring 2 cooktops, 2 dishwashers and 2 sinks, powder room, and a master bedroom. Step out on a spacious sun deck with a view of the pool below. A den, three master bedrooms, and a covered deck with a hot tub overlooking the pool are located on the mid level. This home provides a distinctive, leisurely, beach experience for the visitor and a strong rental return for the investor!

Last Agent to Sell the Property

Marcia Parrott

Village Realty Holdings, LLC - NH License #112016 Listed on: 11/15/2014

Last Buyer's Agent

Amber Bodner Griffith

Keller Williams - Outer Banks License #222568

Keller Williams - Outer Banks

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,149

Year Built

  • Built in 2008

Lot Details

  • 6,900 Sq Ft Lot
  • Lot Dimensions are 60' x 115'
  • Property fronts a private road
  • Cul-De-Sac
  • Landscaped

HOA Fees

  • $32 Monthly HOA Fees

Home Design

  • Mediterranean Architecture
  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Lap Siding
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 3,040 Sq Ft Home
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Bay Window
  • Dining Room
  • Home Theater
  • Game Room
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Built-In Range
  • Microwave
  • Second Refrigerator
  • Ice Maker
  • Second Dishwasher
  • Marble Countertops

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Parking

  • Paved Parking
  • Off-Street Parking

Pool

  • Concrete Pool
  • Heated In Ground Pool
  • Outdoor Pool
  • Outdoor Shower
  • Spa

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Exterior Lighting

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Private Water Source
  • Private Sewer

Listing and Financial Details

  • Tax Lot 84

Community Details

Overview

  • Association fees include common electric, common insurance, grounds maintenance, management, road maintenance, tennis courts
  • Bob Defazio Association, Phone Number (252) 453-2105
  • Ocean Sands Subdivision

Recreation

  • Community Beach Access
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,149

Year Built

Built in 2008

Lot Details

0

HOA Fees

$32 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Mediterranean, Reverse Floor Plan
  • Directions: Turn east into "HIJO" on Seabird, left on Cormorant Tr Sec J, follow to cul-de-sac, house on left.
  • Extras: Ceiling Fan(s), Covered Decks, Hot Tub, Jet Tub, Landscaped, Outside Lighting, Outside Shower, Smoke Detector(s), Sun Deck
  • Flood Zone: AE
  • Subdivision Name: Ocean Sands
  • Headline: $66,975 income in 2014!
  • Heated Sq Ft: 3040
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Section: J
  • Zoning: Res
  • Deed Book Pg Number: 1
  • Major Subdivision: Ocean Sands
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Countertop Range, Dishwasher, Dryer, Ice Machine, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer, 2nd Dishwasher, 2nd Refrigerator
  • Bedrooms: 6
  • Bedroom 1: K Master, On Level: 3
  • Bedroom 2: K Master, On Level: 2
  • Bedroom 3: K Master, On Level: 2
  • Bedroom 4: Q Master, On Level: 2
  • Bedroom 5: Q Master, On Level: 1
  • Bedroom 6: 2 Bunks, On Level: 1
  • Kitchen: On Level: 3
  • Countertops: Marble
  • Floor Coverings: Carpet, Tile, Wood Laminate
  • Foundation: Piling
  • Full Bathrooms: 6
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, Bay/Bow Window, Cathedral Ceiling(s), Gas Fireplace, Ensuite, Pantry, Some Windows Treated, Wet Bar
  • Dining Room: On Level: 3
  • Family Room: Den, On Level: 2
  • Game Room: Pool Table, On Level: 1
  • Living Room: Great Room, On Level: 3
  • Optional Rooms: Game Room, Home Theater
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame
  • Exterior: Lap Siding, Cement Fiber Board
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Concrete, Custom, Heated
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 60

Garage/Parking

  • Parking: Paved, Off Street

Utilities

  • Cooling: Central, Heat Pump, Zoned
  • Heating: Central, Electric, Heat Pump, Zoned
  • Oilgas Severed Pre Owner: Yes
  • Sewer/Septic System: Private Sewer
  • Water: Private

Condo/Co-op/Association

  • HOA Fee Includes: Common Electric, Common Insurance, Grounds Maintenance, Management, Road Maintenance, Tennis Courts
  • Association Amenities: Ocean Access, Outdoor-Comm. Tennis
  • Association Fee: Yes
  • Estimated Annual Fee: 380
  • Hoa Contact: Bob Defazio
  • HOA Contact: 252-453-2105

Lot Info

  • Estimated Lot Sq Ft: 6900
  • Lot Description: Cul-de-sac
  • Lot Size: 60' x 115'
  • Lot Number: Lot 84
  • Deed Book: 1225

Rental Info

  • Est Annual Rental Income: 66975
  • Estimated Rental Performance: 0.1196
  • Lease Terms: Weekly
  • Rental Co: Vacasa - North
  • Rental Cottage Name: Crown Jewel
  • Rental Cottage Number: OS2
  • Rental Phone Number: 252-453-9660
  • Rental Turnover Day: Sunday

Building Info

  • Year Built: 2008

Tax Info

  • Year: 2014
  • Taxes: 3148.56

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 23, 2021
Sold by
Crown Jewel Vacations Llc
Bought by
Selwane Pierre and Tannoury Nada
Current Estimated Value
$987,196

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Outstanding Balance
$336,587
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$650,609

Purchase Details

Listed on
Nov 15, 2014
Closed on
Jul 20, 2015
Sold by
Selwane Pierre S and Tannoury Nada B
Bought by
Crown Jewel Vacations Llc
Seller's Agent
Marcia Parrott
Village Realty Holdings, LLC - NH
Buyer's Agent
Amber Bodner Griffith
Keller Williams - Outer Banks
List Price
$599,900
Sold Price
$560,000
Premium/Discount to List
-$39,900
-6.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.68%
Original Mortgage
$448,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 15, 2014
Closed on
Jun 24, 2015
Sold by
Dixon Jean Louise C and Hadley Dian Lady Lynn
Bought by
Selwane Pierre S and Tannoury Nada B
Seller's Agent
Marcia Parrott
Village Realty Holdings, LLC - NH
Buyer's Agent
Amber Bodner Griffith
Keller Williams - Outer Banks
List Price
$599,900
Sold Price
$560,000
Premium/Discount to List
-$39,900
-6.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$448,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 13, 2012
Closed on
Nov 8, 2012
Sold by
Southeastern Virginia Properties Llc
Bought by
Hadley John Robert and Hadley Dian Lady Lyn
Seller's Agent
Margaret Allen
Margaret Allen Realty
Buyer's Agent
Marcia Parrott
Village Realty Holdings, LLC - NH
List Price
$734,900
Sold Price
$600,000
Premium/Discount to List
-$134,900
-18.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.60%

Purchase Details

Closed on
Feb 8, 2012
Sold by
Jordan Gary W
Bought by
Southeastern Virginia Properties Llc

Purchase Details

Closed on
May 23, 2011
Sold by
Currituck Resolution Properties Inc
Bought by
Southeastern Virginia Properties Llc

Purchase Details

Closed on
Jul 28, 2010
Sold by
Luxury Outer Banks Homes Llc
Bought by
The Bank Of Currituck

Purchase Details

Closed on
Jul 6, 2009
Sold by
764 Cormorant Trail Llc
Bought by
Luxury Outer Banks Homes Llc

Purchase Details

Closed on
Jun 15, 2009
Sold by
Lane Kimberly H and Lane William J
Bought by
764 Cormorant Trail Llc

Purchase Details

Closed on
Sep 22, 2007
Sold by
Thomas James Emerson and Thomas Martha S
Bought by
Lana Kimberly H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
6.37%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
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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
Selwane Pierre -- None Available
Crown Jewel Vacations Llc -- Attorney
Selwane Pierre S $560,000 Attorney
Hadley John Robert $600,000 None Available
Southeastern Virginia Properties Llc $99,830 None Available
Southeastern Virginia Properties Llc $734,500 None Available
The Bank Of Currituck -- None Available
Luxury Outer Banks Homes Llc -- None Available
764 Cormorant Trail Llc -- None Available
Lana Kimberly H $130,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Selwane Pierre $412,500
Previous Owner Selwane Pierre S $448,000
Previous Owner Lana Kimberly H $750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2015 06/29/15 Sold $560,000 -6.7% $184 / Sq Ft
05/15/2015 05/15/15 Pending -- -- --
11/15/2014 11/15/14 For Sale $599,900 0.0% $197 / Sq Ft
11/16/2012 11/16/12 Sold $600,000 -18.4% $188 / Sq Ft
10/15/2012 10/15/12 Pending -- -- --
06/13/2012 06/13/12 For Sale $734,900 -- $230 / 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 $7,491 $628,800 $75,000 $553,800
2023 $7,491 $616,200 $75,000 $541,200
2022 $5,344 $616,200 $75,000 $541,200
2021 $4,686 $523,600 $100,000 $423,600
2020 $4,044 $523,600 $100,000 $423,600
2019 $4,029 $523,600 $100,000 $423,600
2018 $4,083 $523,600 $100,000 $423,600
2017 $3,805 $523,600 $100,000 $423,600
2016 $3,422 $523,600 $100,000 $423,600
2015 $3,149 $523,600 $100,000 $423,600
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2015

    Marcia Parrott

    Village Realty Holdings, LLC - NH

    Section Image
  • Amber Bodner Griffith

    Buyer's Agent in 2015

    Amber Bodner Griffith

    Keller Williams - Outer Banks

    (252) 599-2716

    37 in this area

    79 Total Sales

    Amber Bodner Griffith
    Section Image

  • M

    Seller's Agent in 2012

    Margaret Allen

    Margaret Allen Realty

    (252) 207-4238

    Margaret Allen
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 85878

Outer Banks Association of REALTORS®

APN: 126A-000-0084-000J

North Carolina Currituck County Corolla 27927 Corolla

764 Cormorant Trail, Corolla, NC

This home is located at 764 Cormorant Trail, Corolla, NC 27927 since 15 November 2014 and is currently estimated at $987,196, approximately $324 per square foot. This property was built in 2008. 764 Cormorant Trail is a home located in Currituck County with nearby schools including Knotts Island Elementary School, Currituck County Middle School, and Currituck County High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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