NOT LISTED FOR SALE

774 Kings Grant Dr Corolla, NC 27927

Estimated Value: $948,000 - $1,078,000

6 Beds
4.5 Baths
2,585 Sq Ft
$394/Sq Ft Est. Value

Last Sold November 13, 2017

Last sale price $525,000 $203 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $6,128/month

21 Days on Market

Highlights

  • Community Beach Access
  • Fiberglass Pool
  • Cathedral Ceiling
  • Ocean View
  • Second Refrigerator
  • Whirlpool Bathtub

About This Home

As of November 2017

Lowest priced 3rd row Corolla Home...with a 10.6% gross return on gross rental income of $58,588 in 2016!...2017 is just as good!...As of 9/19/17...seven 2018 weeks booked!...$17,500 gross rental income!...just 40 yards to the private beach access!...Closer to the beach than most semi oceanfront homes!...it's an ideal vacation home...amenity packed!...private pool and hot tub...billiard room!...mid level living area and top floor great room with vaulted ceiling, gas fireplace, screened porch...roof top deck with ocean views...and open kitchen with 4 seat breakfast bar!...combined with 4 levels of decking...there's plenty of room inside and outside to enjoy oceanside living!...Very nicely furnished and maintained home...top floor master suite has tiled whirlpool tub!...minutes to the comminity pool and tennis courts...and TimBuck Too, Harris Teeter and Food Lion shopping center...via the Corolla Bike/pedestian trail! For price, location, rental income this home is a best buy!...Worth showing and selling!

Last Agent to Sell the Property

Daniel Fenyak

Outer Banks Blue Realty Srvcs. License #103918 Listed on: 09/18/2017

Last Buyer's Agent

Daniel LaRue

Corolla Beach Realty License #257370

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,493

Year Built

  • Built in 2004

Lot Details

  • 6,000 Sq Ft Lot
  • Lot Dimensions are 60x100
  • Property fronts a private road
  • Lot includes common area
  • Level Lot

HOA Fees

  • $96 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 2,585 Sq Ft Home
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • Game Room
  • Screened Porch
  • Ocean Views
  • Storm Doors
  • Dryer

Kitchen

  • Microwave
  • Second Refrigerator
  • Ice Maker
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom
  • Whirlpool Bathtub

Pool

  • Fiberglass Pool
  • Outdoor Pool
  • Outdoor Shower
  • Spa

Outdoor Features

  • Sun Deck
  • Patio

Utilities

  • Zoned Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District for Water and Sewer

Listing and Financial Details

  • Tax Lot 78

Community Details

Overview

  • Association fees include common electric, common insurance, management, pool, road maintenance, tennis courts
  • Crown Point Subdivision

Amenities

  • Common Area

Recreation

  • Community Beach Access
  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,493

Year Built

Built in 2004

Lot Details

0

HOA Fees

$96 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Extras: Ceiling Fan(s), Common Laundry Area, Hot Tub, Outside Shower, Patio, Screened Porch, Storm Doors, Sun Deck, Whirlpool/Spa
  • Flood Zone: AE
  • Headline: 3rd Row Best Buy!
  • Heated Sq Ft: 2585
  • L V T Date: 09/18/2017
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Waterfront Location: 2 - lots from oceanfront (3rd row
  • Zoning: Res
  • Deed Book Pg Number: 605
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C15771
  • 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, Refrigerator w/Ice Maker, 2nd Refrigerator
  • Bedrooms: 6
  • Countertops: Laminate
  • Floor Coverings: Carpet, Tile, Vinyl
  • Foundation: Piling
  • Full Bathrooms: 4
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Gas Connection, Ensuite, Washer Connection, Wet Bar
  • Optional Rooms: Game Room
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame
  • Exterior: Shakes, Vinyl
  • Pool: Yes
  • Pool: Private and Association
  • Pool Type: Outdoor, Fiberglass, Private Pool, Association Pool
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 60
  • View: Ocean

Garage/Parking

  • Garage: Carport

Utilities

  • Cooling: Central, Heat Pump
  • Heating: Central, Electric, Heat Pump, Zoned
  • Sewer/Septic System: Municipal Sewer
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Common Electric, Common Insurance, Management, Pool, Road Maintenance, Tennis Courts
  • Association Amenities: Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Common Area
  • Association Fee: Voluntary - Restrictive Covenants May Apply
  • Estimated Annual Fee: 1150
  • Home Owner Dwelling Insurance: 2330

Lot Info

  • Estimated Lot Sq Ft: 6000
  • Lot Description: Adj. To Common Area, Level
  • Lot Size: 60X100
  • Lot Number: Lot 78
  • Deed Book: 1056

Rental Info

  • Flood Expenses: 1848
  • Lease Terms: Weekly
  • Other Expenses: 72
  • Other Expenses2: 430
  • Other Expenses3: 280
  • Poolspa Expense: 3000
  • Rental Co: Outer Banks Blue
  • Rental Cottage Name: B's Dream
  • Rental Cottage Number: CP009
  • Rental Phone Number: 2522550482
  • Rental Turnover Day: Saturday
  • Yearly Expense Actual Estimate: Actual
  • Annual Electric: 3200
  • Annual Telephone Expense: 1200
  • Annual Water Expense: 1500
  • Rental Contact Name: B
  • Rental Contact Phone: 2522551220

Building Info

  • Year Built: 2004

Tax Info

  • Year: 2017
  • Taxes: 4493

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2017
Closed on
Nov 6, 2017
Sold by
Cloud William G and Cloud Barbara L
Bought by
Russomano Richard G and Russomano Dianne
Seller's Agent
Daniel Fenyak
Outer Banks Blue Realty Srvcs.
Buyer's Agent
Daniel LaRue
Corolla Beach Realty
List Price
$550,000
Sold Price
$525,000
Premium/Discount to List
-$25,000
-4.55%
Current Estimated Value
$1,026,296

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$501,296
Avg. Annual Appreciation
8.44%

Purchase Details

Closed on
Jul 7, 2008
Sold by
Mills Carlton L and Mills Claudia M
Bought by
Cloud William G and Cloud Barbara L

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
6.08%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Russomano Richard G $525,000 None Available
Cloud William G $740,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cloud William G $417,000
Closed Russomano Richard G $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/13/2017 11/13/17 Sold $525,000 -4.5% $203 / Sq Ft
10/09/2017 10/09/17 Pending -- -- --
09/18/2017 09/18/17 For Sale $550,000 -- $213 / 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 $7,991 $681,600 $280,000 $401,600
2024 $7,991 $681,600 $280,000 $401,600
2023 $7,975 $681,600 $280,000 $401,600
2022 $5,790 $681,600 $280,000 $401,600
2021 $5,073 $636,000 $300,000 $336,000
2020 $4,774 $636,000 $300,000 $336,000
2019 $4,774 $636,000 $300,000 $336,000
2018 $4,840 $636,000 $300,000 $336,000
2017 $4,493 $636,000 $300,000 $336,000
2016 $4,036 $636,000 $300,000 $336,000
2015 $3,710 $636,000 $300,000 $336,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Outer Banks Association of REALTORS®

MLS Number: 97830

Outer Banks Association of REALTORS®

APN: 116A-000-0078-0000