NOT LISTED FOR SALE

786 Crown Point Cir Corolla, NC 27927

Corolla Neighborhood

Estimated Value: $1,173,727 - $1,348,000

8 Beds
8.5 Baths
3,887 Sq Ft
$322/Sq Ft Est. Value

Last Sold December 08, 2020

Last sale price $785,000 $202 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $7,402/month

76 Days on Market

Highlights

  • Ocean View
  • Second Refrigerator
  • Cathedral Ceiling
  • Outdoor Pool
  • Coastal Architecture
  • Wood Flooring

About This Home

As of December 2020

2020 gross rental income is over $90,000! Prime week rent for 2020: $7,690. Enjoy the beach life in this 8 bedroom 9 bathroom home with 5 king masters in a great location that is only 130 yards from the beach and is walking distance to shopping and restaurants. This beautifully designed and well maintained house with a Caribbean flair is put together from top to bottom to be a great rental home for multi-generation reunions and large family vacations. This home is well equipped with a heated private pool and hot tub, spacious kitchen with two dishwashers and a nice open great room with plenty of natural light. Relax on the screened in porch or ground floor game room with pool table, foosball and mini-kitchen, perfect for teens. Also so enjoy the community tennis courts and swimming pool. Come see why people love renting this house!

Last Agent to Sell the Property

Gray Berryman

Carolina Designs Realty License #214315 Listed on: 06/19/2020

Last Buyer's Agent

Ray Meiggs

Twiddy and Co. - Duck License #290422

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,859

Year Built

  • Built in 2002

Lot Details

  • 6,098

HOA Fees

  • $100 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Reverse Style Home
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Lap Siding
  • Cement Board or Planked

Interior Spaces

  • 3,887 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Entrance Foyer
  • Game Room
  • Ocean Views

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Parking

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

Pool

  • Outdoor Pool
  • Spa
  • Outdoor Shower

Utilities

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

Additional Features

  • Covered Deck
  • Property fronts a private road

Listing and Financial Details

  • Tax Lot 53

Community Details

Overview

  • Association fees include management, pool, tennis courts
  • Gerri Adams Association, Phone Number (252) 457-0045
  • Crown Point Subdivision

Recreation

  • Community Boardwalk
  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,859

Year Built

Built in 2002

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary, Reverse Floor Plan, Coastal
  • Directions: turn east into Crown Point and home is on the right
  • Extras: Ceiling Fan(s), Covered Decks, Hot Tub, Outside Shower
  • Flood Zone: X
  • Headline: $102,435 in 2020 Rental Income
  • Heated Sq Ft: 3887
  • L V T Date: 06/19/2020
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Waterfront Location: More than 5th row
  • Zoning: Residentia
  • Advertised Income 2020: 102435
  • Advertised Income 2021: 35300
  • Deed Book Pg Number: 410
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: No
  • Newpoint Media: Yes
  • Office License Number: C6124
  • Outer Banks Software: Yes
  • Terradatum Inc: No
  • W And R Studios: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator w/Ice Maker, Washer, 2nd Refrigerator
  • Bedrooms: 8
  • Countertops: Laminate
  • Floor Coverings: Carpet, Ceramic Tile, Wood
  • Foundation: Slab
  • Full Bathrooms: 8
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Gas Connection, Gas Fireplace, Ensuite
  • Optional Rooms: Foyer, Game Room
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame
  • Exterior: Lap Siding, Cement Fiber Board
  • Pool: Yes
  • Pool: Private and Association
  • Pool Type: Private Pool, Association Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Parking: Paved, Off Street, Under

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Management, Pool, Tennis Courts
  • Association Amenities: Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Board Walk
  • Association Fee: Yes
  • Estimated Annual Fee: 1200
  • Hoa Contact: Gerri Adams
  • HOA Contact: (252) 457-0045

Lot Info

  • Lot Number: Lot 53
  • Deed Book: 1197

Rental Info

  • Est Annual Rental Income: 102435
  • Estimated Rental Performance: 0.1305
  • Lease Terms: Weekly
  • Rental Co: Carolina Designs
  • Rental Cottage Name: Carolina on My Mind
  • Rental Cottage Number: 129
  • Rental Phone Number: 800-368-3825
  • Rental Turnover Day: Sunday
  • Rental Contact Email: elaine.breiholz@carolinadesigns.com
  • Rental Contact Name: Elaine Breiholz
  • Rental Contact Phone: 252 261 3934 x 6242

Building Info

  • Year Built: 2002

Tax Info

  • Year: 2019
  • Taxes: 4858.88

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2020
Closed on
Nov 24, 2020
Sold by
Crown Pointe Llc
Bought by
Kilaru Naresh and Kilaru Vandana
Seller's Agent
Gray Berryman
Carolina Designs Realty
Buyer's Agent
Ray Meiggs
Twiddy and Co. - Duck
List Price
$799,000
Sold Price
$785,000
Premium/Discount to List
-$14,000
-1.75%
Total Days on Market
76
Current Estimated Value
$1,252,682

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$467,682
Avg. Annual Appreciation
11.00%
Original Mortgage
$161,000
Outstanding Balance
$145,003
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$1,107,679

Purchase Details

Listed on
Feb 1, 2012
Closed on
Apr 17, 2012
Sold by
Collinson Gilbert T and Collinson Sharyn G
Bought by
Crown Pointe Lc
Seller's Agent
Gray Berryman
Carolina Designs Realty
Buyer's Agent
Gray Berryman
Carolina Designs Realty
List Price
$850,000
Sold Price
$802,500
Premium/Discount to List
-$47,500
-5.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.25%
Original Mortgage
$500,000
Interest Rate
3.9%
Mortgage Type
New Conventional
Source: Public Records

Similar Homes in Corolla, NC

  • 791 W Meeting St Unit Lot 16, Corolla, NC 27927

    $1,250,000

    • 8 Beds
    • 8.5 Baths
    • 3,850 Sq Ft
    • 791 W Meeting St
    • Unit Lot 16
    • Corolla, NC

    791 W Meeting St, Corolla- This stunning 8bd/8.5bth home located in the gated community of Buck Island is a showstopper. This home offers a private pool, hot tub, elevator, sound views, and a stellar location. Wonderfully maintained by the sellers this beautiful home for sale in Corolla offers everything you could want in an Outer Banks beach house with great rental history. As you drive up to

    Matt Huband OBX Realty Group, LLC

    Section Image
  • 791 W Meeting St, Corolla, NC 27927

    $1,285,000

    • 8 Beds
    • 8.5 Baths
    • 3,850 Sq Ft
    • 791 W Meeting St
    • Corolla, NC

    791 W Meeting St, Corolla- This stunning 8bd/8.5bth home located in the gated community of Buck Island is a showstopper. This home offers a private pool, hot tub, elevator, sound views, and a stellar location. Wonderfully maintained by the sellers this beautiful home for sale in Corolla offers everything you could want in an Outer Banks beach house with great rental history. As you drive up to

    Matt Huband OBX Realty Group, LLC

    Section Image
  • 754 Cormorant Trail Unit Lot 79, Corolla, NC 27927

    $1,100,000

    • 7 Beds
    • 8.5 Baths
    • 4,668 Sq Ft
    • 754 Cormorant Trail
    • Unit Lot 79
    • Corolla, NC

    BEAUTIFUL Corolla Beach Home featuring 7 bedrooms, 8.5 bathrooms with three floors of open living space, spacious covered decks, game room, wet bar, private pool, hot tub, and elevator to all floors. Located in section J of the Ocean Sands community of Corolla. Quick walk to ocean beach access, community pool, and tennis courts. The ground level offers a large and open recreation room with a

    Elizabeth Precise LPT Realty, LLC

    Section Image
  • 754 Cormorant Trail, Corolla, NC 27927

    $1,100,000

    • 7 Beds
    • 8.5 Baths
    • 4,668 Sq Ft
    • 754 Cormorant Trail
    • Corolla, NC

    $75k currently scheduled for 2024! BEAUTIFUL Corolla Beach Home featuring 7 bedrooms, 8.5 bathrooms with three floors of open living space, spacious covered decks, game room, wet bar, private pool, hot tub, and elevator to all floors. Located in section J of the Ocean Sands community of Corolla. Quick walk to ocean beach access, community pool, and tennis courts. The ground level offers a large

    Elizabeth Precise LPT Realty, LLC

    Section Image
  • 845 Golden Bluff Way Unit 338, Corolla, NC 27927

    $1,270,000

    • 8 Beds
    • 8 Baths
    • 3,984 Sq Ft
    • 845 Golden Bluff Way
    • Unit 338
    • Corolla, NC

    A rare find! This large, 8 bedroom luxury home located in the Monteray Shores Community of Corolla has it all! Located on a sizeable 10,000 sq ft corner lot, this home boasts it's own private pool and hot tub with tiki bar, game room with pool table and kitchenette, and multiple living areas for the whole family to spread out. The top level is all living space made to take in the views and

    Four Seasons Realty Four Seasons Realty

    Section Image
  • 670 Hunt Club Dr Unit Lot 194, Corolla, NC 27927

    $1,100,000

    • 7 Beds
    • 9 Baths
    • 4,400 Sq Ft
    • 670 Hunt Club Dr
    • Unit Lot 194
    • Corolla, NC

    670 Hunt Club Dr, Corolla-This stunning 7bd/7bth plus 2 half bath home for sale in the Currituck Club is located on one of the highest elevations in Corolla. Amazing ocean and sound views offer opportunities to watch the sun rise over the ocean and set over the sound. There are not many properties on the Outer Banks that offer these kinds of views. "Joy At A Glance" has you covered with a

    Matt Huband OBX Realty Group, LLC

    Section Image
  • 1596 Sandpiper Rd Unit 2, Corolla, NC 27927

    $1,399,000

    • 8 Beds
    • 8.5 Baths
    • 3,746 Sq Ft
    • 1596 Sandpiper Rd
    • Unit 2
    • Corolla, NC

    Look no further! This semi-oceanfront property is well-priced and offers a great location (nearby beach access and overlooking two large, unimproved oceanfront lots), beautiful ocean views, and a popular home design. The house has eight bedrooms (seven with private baths), an open great room with surround sound, and chef’s kitchen (granite countertops, 7-seat island, stainless appliances

    Robert Ladd Twiddy and Co. - Duck

    Section Image
  • 2146 Sandfiddler Rd Unit Lot 115, Corolla, NC 27927

    $1,350,000

    • 8 Beds
    • 8.5 Baths
    • 3,632 Sq Ft
    • 2146 Sandfiddler Rd
    • Unit Lot 115
    • Corolla, NC

    This welcoming floor plan ideally suits the Outer Banks beach vacation lifestyle! The design has an open great room - living area with a gas fireplace, a 12-seat dining table, and a gourmet kitchen with granite countertops, stainless steel appliances (refrigerator with icemaker, microwave, two dishwashers, 40” gas range with double ovens), and a 6-seat island for casual dining. Two sliding glass

    Ashley Ladd Bunn Twiddy and Co. - Duck

    Section Image
  • 2267 Sandpiper Rd Unit Lot 29, Corolla, NC 27927

    $1,225,000

    • 6 Beds
    • 8 Baths
    • 2,712 Sq Ft
    • 2267 Sandpiper Rd
    • Unit Lot 29
    • Corolla, NC

    Completed in 2025, this new construction home sits on an elevated lot on the third row of Carova Beach. This is the rental investment that you have been waiting for. With six bedrooms and six bathrooms, this home boasts privacy and amenities while having quick access to the beach. Built with upscale design and finishes, it has the amenities that fit a major rental producer. Features include

    Matt Preston Twiddy and Company - Corolla

    Section Image

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
Kilaru Naresh $785,000 None Available
Crown Pointe Lc $802,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kilaru Naresh $161,000
Closed Kilaru Naresh $161,000
Open Kilaru Naresh $510,400
Previous Owner Crown Pointe Lc $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2020 12/08/20 Sold $785,000 -1.8% $202 / Sq Ft
09/03/2020 09/03/20 Pending -- -- --
06/19/2020 06/19/20 For Sale $799,000 -0.4% $206 / Sq Ft
04/18/2012 04/18/12 Sold $802,500 -5.6% $206 / Sq Ft
03/19/2012 03/19/12 Pending -- -- --
02/01/2012 02/01/12 For Sale $850,000 -- $219 / 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 $7,846 $662,500 $170,000 $492,500
2023 $7,846 $662,500 $170,000 $492,500
2022 $5,698 $662,500 $170,000 $492,500
2021 $5,000 $644,100 $225,000 $419,100
2020 $4,873 $644,100 $225,000 $419,100
2019 $4,859 $644,100 $225,000 $419,100
2018 $4,925 $644,100 $225,000 $419,100
2017 $4,573 $644,100 $225,000 $419,100
2016 $4,119 $644,100 $225,000 $419,100
2015 -- $644,100 $225,000 $419,100
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Outer Banks Association of REALTORS®

MLS Number: 109774

Outer Banks Association of REALTORS®

APN: 116A-000-0053-0000