$699,000
$46K PRICE DROP

771 Cormorant Trail Unit Lot 49 Corolla, NC 27927

Corolla Neighborhood

Estimated payment $4,226/month

Total Views 13,875
5 Beds
4.5 Baths
2,388 Sq Ft
$293 Price per Sq Ft

Highlights

  • Community Beach Access
  • Tennis Courts
  • Ceramic Tile Flooring
  • Fiberglass Pool
  • Wet Bar
  • Central Heating and Cooling System

About This Home

This Ocean Sands, Corolla, NC stunner has $55k rental income booked already for 2025! And with all the bells and whistles, makes it a TURN-KEY investment property to add to your portfolio for 2025. It’s well-appointed, with 5 bedrooms and 4.5 baths, and is conveniently located OCEANSIDE (Section J), CLOSE TO THE BEACH, community lake, shopping, restaurants, fun activities; just perfect for a vacationing family or friend group! The home offers a GREAT LAYOUT, with four bedrooms on the mid-level, sharing two full jack and jill baths, and the main bedroom is located on the top level, with its own ensuite bath. The top level also offers lots of room to hang out with an OPEN LIVING AREA, dining, and kitchen area, and offers access to the outside top deck and screened-in porch. The home sits on a PRIVATE cul-de-sac that backs onto vegetation, with very little traffic noise to be heard. Guests always enjoy the PRIVATE POOL & HOT TUB, spacious outdoor decks, large RECREATION ROOM, complete with a pool table and wet bar. Only a quick 6 minute WALK TO THE BEACH, and the Ocean Sands community offers use of their community tennis courts. Currently the home is rented through VRBO and AIRBNB, and has over $60k on the books already for 2024. What are you waiting for! This is YOUR SIGN to BUY the BEACH HOUSE!!

Listing Agent

Natalie Dutt

Keller Williams - Outer Banks Brokerage Phone: 252-202-0499 License #247591 Listed on: 08/31/2024

Keller Williams - Outer Banks

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,374

Year Built

  • Built in 2003

Lot Details

  • Property is zoned SFO

Parking

  • Paved Parking

Home Design

  • Reverse Style Home
  • Wood Siding
  • Vinyl Siding
  • Piling Construction

Interior Spaces

  • 2,388 Sq Ft Home
  • Wet Bar

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Pool

  • Fiberglass Pool
  • Outdoor Pool

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District Water
  • Shared Septic

Community Details

Overview

  • Association fees include tennis courts, walkways
  • Ocean Sands Subdivision

Recreation

  • Community Beach Access
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,374

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Directions: From Hwy 12 turn right onto Seabird Way than left on Cormorant Trail. House is located at the end to the right of the cul de sac.
  • Headline: $55k booked for 2025!
  • Section: J
  • Zoning: SFO
  • PropertySubType: Single Family Residence
  • PropertyType: Residential
  • ResoLotFeatures: Cul-De-Sac, Level
  • Road Surface Type: Paved
  • Attribution Contact: Offic: 252-202-0499
  • Ownership: Owned More than 12 Months
  • MLS Status: (10) Active - Active
  • Subdivision Name: Ocean Sands
  • Architectural Style: Reverse Floor Plan
  • ResoRoomType: Game Room, Utility Room
  • Pool_Type: Private
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Interior Amenities: Wet Bar
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Flooring: Carpet, Ceramic Tile, Laminate

Exterior Features

  • Pool: Yes
  • Roof: Asphalt
  • Pool Features: Fiberglass, Private
  • Waterfront Features: More than 5th row
  • Construction Type: Wood Siding
  • Foundation Details: Piling
  • Exterior: Vinyl

Garage/Parking

  • Parking Features: Paved

Utilities

  • Heating: Central, Heat Pump
  • Cooling: Central Air, Heat Pump
  • Sewer: Shared Septic
  • Water Source: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Tennis Courts, Walkways
  • Association Amenities: Ocean Access, Outdoor-Comm. Tennis

Building Info

  • Year Built: 2003

Tax Info

  • Year: 2023
  • Tax Annual Amount: 4374.0
  • Tax Block: NA

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $4,704 $393,000 $75,000 $318,000
2023 $4,704 $393,000 $75,000 $318,000
2022 $3,457 $393,000 $75,000 $318,000
2021 $3,046 $353,500 $95,000 $258,500
2020 $2,728 $353,500 $95,000 $258,500
2019 $2,728 $353,500 $95,000 $258,500
2018 $2,759 $353,500 $95,000 $258,500
2017 $2,573 $353,500 $95,000 $258,500
2016 $2,325 $353,500 $95,000 $258,500
2015 $2,139 $353,500 $95,000 $258,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2025 05/13/25 For Sale $699,000 0.0% $293 / Sq Ft
04/07/2025 04/07/25 Off Market $699,000 -- --
12/20/2024 12/20/24 Price Changed $699,000 -3.6% $293 / Sq Ft
12/01/2024 12/01/24 Price Changed $725,000 -1.3% $304 / Sq Ft
10/17/2024 10/17/24 Price Changed $734,500 -1.4% $308 / Sq Ft
08/31/2024 08/31/24 For Sale $745,000 -- $312 / Sq Ft
Source: Outer Banks Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed $509,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $520,000 Adjustable Rate Mortgage/ARM
Source: Public Records

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Source: Outer Banks Association of REALTORS®

MLS Number: 126819

Outer Banks Association of REALTORS®

APN: 126A-000-0049-000J