NOT LISTED FOR SALE

770 Myrtle Ct Corolla, NC 27927

Estimated Value: $864,000 - $1,077,000

7 Beds
6.5 Baths
3,020 Sq Ft
$311/Sq Ft Est. Value

Last Sold December 04, 2024

Last sale price $920,000 $305 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $5,490/month

155 Days on Market

Highlights

  • Community Beach Access
  • Coastal Architecture
  • Corner Lot
  • In Ground Pool
  • Cathedral Ceiling
  • Furnished

About This Home

As of December 2024

Well maintained beach home on the oceanside in Corolla, located on a direct beach access, in a quaint cul-de-sac in the Ocean Sands community. This 7 bedroom 6.5 bath home features a 14x36 pool, hot tub, multiple living spaces and decks galore! Consistent proven rental income makes this turn-key home a fantastic rental investment opportunity, as well as a great place for your own family memories and vacations. Parrotdise grossed over $96,000 in rental income in 2023 and already has over $67,000 on the books for 2024! Walk down the street to the beach access and the wide uncrowded gorgeous beaches that make Corolla so special. The top floor of the home features open concept living and dining space, with cathedral ceilings adding to the openness, and windows and sliders that provide great natural light. The sliders open up onto the large deck that spans the front of the home. There's a half bath off of the main living space, as well as a spacious primary bedroom with king size bed and ensuite. It's like it's own private respite away from the rest of the bedrooms that are on the two levels below. The mid level features another living space, formal entry, THREE bedrooms WITH en suites and king beds, and plenty of covered porch to relax and enjoy the salt air under the cool cover of soft shade. No need to fight over who gets the good room on this floor, they're ALL GOOD! The ground level features a game room with pool table and big TV, plenty of seating and wet bar with mini fridge and microwave. PLUS 3 more bedrooms and two bathrooms. The sellers have been meticulous about upkeep, recent updates include NEW MATTRESSES in 2023, NEW UPPER DECKING in 2022, NEW CARPET in 2022, NEW ROOF in 2021, NEW COUNTERTOPS AND KITCHEN APPLIANCES in 2021, NEW HOT TUB in 2019 and TWO NEW HVAC UNITS in 2018. Fully furnished and decorated in a fitting coastal theme, Parrotdise has everything you want in an Outer Banks beach house and is a turn-key investment that is ALREADY generating income for its new owner.

Last Agent to Sell the Property

Jeanne-Marie DeStefano

Keller Williams - Outer Banks Brokerage Phone: 252-599-7250 License #282161 Listed on: 05/28/2024

Keller Williams - Outer Banks

Last Buyer's Agent

Missi Dermatas

Outer Banks Realty Group License #302232

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,472

Year Built

  • Built in 2004

Lot Details

  • Property fronts a private road
  • Cul-De-Sac
  • Corner Lot
  • Level Lot
  • Property is zoned SFO

HOA Fees

  • $78 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 3,020 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Gas Fireplace

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Second Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

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

Outdoor Features

  • Covered Deck

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District Water
  • Fuel Tank
  • Community Sewer or Septic

Listing and Financial Details

  • Tax Lot 81

Community Details

Overview

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

Recreation

  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,472

Year Built

Built in 2004

Lot Details

0

HOA Fees

$78 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal, Cottage
  • Extras: Covered Decks, Hot Tub, Outside Shower, Dry Entry, Inside Laundry Room
  • Flood Zone: X
  • Headline: Well maintained proven rental!
  • Heated Sq Ft: 3020
  • L V T Date: 05/28/2024
  • Price Per Sq Ft: 304.64
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Section: L
  • Sold Price Per Sq Ft: 304.64
  • Waterfront Location: More than 5th row
  • Zoning: SFO
  • Advertised Income 2022: 104263
  • Deed Book Pg Number: 831
  • 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, 2nd Dishwasher
  • Bedrooms: 7
  • Electronic Locks: Leased
  • Floor Coverings: Carpet, Tile
  • Foundation: Piling
  • Full Bathrooms: 6
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Gas Fireplace, Ensuite, Pantry
  • Partial Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: Carport

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Road Maintenance, Tennis Courts, Walkways
  • Association Amenities: Ocean Access
  • Association Fee: Yes
  • Estimated Annual Fee: 935
  • Hoa Contact: Signature Touch
  • HOA Contact: 252-441-8857
  • Home Owner Dwelling Insurance: 2129

Lot Info

  • Lot Description: Corner, Cul-de-sac, Level
  • Lot Number: Lot 81
  • Deed Book: 1408

Rental Info

  • Est Annual Rental Income: 96451
  • Estimated Rental Performance: 0.1048
  • Other Expenses: 505
  • Other Expenses2: 935
  • Poolspa Expense: 5225
  • Rental Co: KEES Vacation Rentals
  • Annual Cable TV Expense: 745
  • Annual Electric: 3640
  • Annual Water Expense: 2520
  • Rental Contact Email: owners@keesouterbanks.com
  • Rental Contact Phone: 866.316.1843

Building Info

  • Year Built: 2004

Tax Info

  • Year: 2024
  • Taxes: 5472.09

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2024
Closed on
Dec 11, 2024
Sold by
Batchelder Sean
Bought by
Batchelder Holdings Llc
Seller's Agent
Jeanne-Marie DeStefano
Keller Williams - Outer Banks
Buyer's Agent
Missi Dermatas
Outer Banks Realty Group
List Price
$1,050,000
Sold Price
$920,000
Premium/Discount to List
-$130,000
-12.38%
Views
94
Current Estimated Value
$938,794

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,794
Avg. Annual Appreciation
1.91%
Original Mortgage
$736,000
Outstanding Balance
$728,709
Interest Rate
7.13%
Mortgage Type
New Conventional
Estimated Equity
$210,085

Purchase Details

Listed on
May 28, 2024
Closed on
Dec 3, 2024
Sold by
Ira John R Earp Iii and Equity Trust Company Custodian
Bought by
Batchelder Sean
Seller's Agent
Jeanne-Marie DeStefano
Keller Williams - Outer Banks
Buyer's Agent
Missi Dermatas
Outer Banks Realty Group
List Price
$1,050,000
Sold Price
$920,000
Premium/Discount to List
-$130,000
-12.38%
Views
94

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$736,000
Outstanding Balance
$728,709
Interest Rate
7.13%
Mortgage Type
New Conventional
Estimated Equity
$210,085

Purchase Details

Listed on
Dec 18, 2016
Closed on
May 31, 2017
Sold by
Powell Paul T and Powell Billie Jo
Bought by
Equity Trust Company and John R Earp Iii Ira
Seller's Agent
Ashley Massey
Landmark Sotheby's Internation
Buyer's Agent
Jeanne-Marie DeStefano
Keller Williams - Outer Banks
List Price
$549,000
Sold Price
$485,000
Premium/Discount to List
-$64,000
-11.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.90%

Purchase Details

Closed on
Apr 20, 2010
Sold by
Schaefer Sean Patrick and Schaefer Robin Sawyer
Bought by
Powell Paul T and Powell Billie Jo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 7, 2005
Sold by
Campnella John A and Campnella Cynthia B
Bought by
Schaefer Sean Patrick and Schaefer Robin Sawyer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,950
Interest Rate
5.62%
Mortgage Type
Credit Line Revolving
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
Batchelder Holdings Llc -- None Listed On Document
Batchelder Sean $920,000 None Listed On Document
Batchelder Sean $920,000 None Listed On Document
Equity Trust Company $485,000 Attorney
Powell Paul T $540,000 None Available
Schaefer Sean Patrick $740,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Batchelder Sean $736,000
Closed Batchelder Sean $736,000
Previous Owner Powell Paul T $417,000
Previous Owner Schaefer Sean Patrick $110,950
Previous Owner Schaefer Sean Patrick $555,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/04/2024 12/04/24 Sold $920,000 -7.9% $305 / Sq Ft
10/30/2024 10/30/24 Pending -- -- --
08/02/2024 08/02/24 Price Changed $999,000 -4.9% $331 / Sq Ft
05/28/2024 05/28/24 For Sale $1,050,000 +116.5% $348 / Sq Ft
06/02/2017 06/02/17 Sold $485,000 -11.7% $161 / Sq Ft View Prior Sale
05/05/2017 05/05/17 Pending -- -- --
12/18/2016 12/18/16 For Sale $549,000 -- $182 / 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 $5,910 $486,600 $75,000 $411,600
2024 $5,910 $486,600 $75,000 $411,600
2023 $5,894 $486,600 $75,000 $411,600
2022 $4,306 $486,600 $75,000 $411,600
2021 $3,784 $423,000 $95,000 $328,000
2020 $3,302 $423,000 $95,000 $328,000
2019 $3,302 $423,000 $95,000 $328,000
2018 $3,346 $423,000 $95,000 $328,000
2017 $3,106 $423,000 $95,000 $328,000
2016 $2,808 $423,000 $95,000 $328,000
2015 $2,579 $423,000 $95,000 $328,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 125844

Outer Banks Association of REALTORS®

APN: 126A-000-0081-000L