$802,500
SOLD APR 18, 2012

786 Crown Point Cir Corolla, NC 27927

Corolla Neighborhood
8 Beds
8.5 Baths
3,887 Sq Ft
6,000 Sq Ft Lot

Recently Sold

$206 Per Sq Ft

6% Below List Price

47 Days on Market

Highlights

  • Ocean View
  • Heated In Ground Pool
  • Cathedral Ceiling
  • Beach Access
  • Coastal Architecture
  • Furnished

About This Home

As of December 2020

The numbers work! Consistent and solid income, outstanding location (only 130 yards to the beach access), 8 bedrooms plus private nursery with crib ** beautifully maintained ** sleeps 22 ** ocean view ** deck access from almost every room ** 5 King Masters ** heated private pool and hot tub ** “tommy bahama-style” decor, furnishings, and palm tree murals ** south- facing pool and outdoor living area ** 12 flat screen tvs ** well-equipped kitchen with 2 dishwashers ** screened porch ** game room with pool table, foosball and mini-kitchen, perfect for teens ** intimate small-community feel with low-traffic streets, great for young kids ** community pool with tennis courts ** walking distance to shopping, restaurants. This home will surprise and delight. It was designed from top to bottom to be a great rental for multi-generation reunions and large family vacations. This house has loyal renters who come back year after year. Come and see why—it’s very close to the beach with lots to do within walking distance!

Last Agent to Sell the Property

Gray Berryman

Carolina Designs Realty License #214315 Listed on: 02/01/2012

Last Buyer's Agent

Gray Berryman

Carolina Designs Realty License #214315 Listed on: 02/01/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,680

Year Built

  • Built in 2002

Lot Details

  • 6,000 Sq Ft Lot
  • Lot Dimensions are 60 x 100
  • Property fronts a private road

HOA Fees

  • $63 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 3,887 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Bay Window
  • Screened Porch
  • Ocean Views

Kitchen

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

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 8 Bedrooms

Laundry

  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Fiberglass Pool
  • Outdoor Shower

Outdoor Features

  • Beach Access
  • Patio

Utilities

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

Listing and Financial Details

  • Tax Lot lot 53

Community Details

Overview

  • Association fees include pool, tennis courts
  • Built by Olin Finch
  • Crown Point Subdivision

Recreation

  • Community Boardwalk
  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,680

Year Built

Built in 2002

Lot Details

0

HOA Fees

$63 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary, Reverse Floor Plan, Coastal
  • Directions: East into Crown Point, Home is on the Right. lock box is by the front door on eyebolt
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Outside Shower, Patio, Screened Porch
  • Flood Zone: AE
  • Subdivision Name: Crown Point
  • Headline: 8 Bedrooms in Corolla!
  • Heated Sq Ft: 3887
  • Primary Residence: Yes
  • Roads: Private
  • Sale/Rent: For Sale
  • Waterfront Location: More than 5th row
  • Zoning: res
  • Deed Book Pg Number: 558
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Ice Machine, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer, 2nd Dishwasher
  • Bedrooms: 8
  • Floor Coverings: Carpet, Ceramic Tile
  • Foundation: Piling, Slab
  • Full Bathrooms: 8
  • Furnishings Available: Yes
  • Interior Amenities: Bay/Bow Window, Cathedral Ceiling(s), Gas Connection, Gas Fireplace
  • Partial Bathrooms: 1

Exterior Features

  • Homebuilder: Olin Finch
  • Construction: Frame
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool Type: Outdoor, In Ground, Fiberglass, Heated
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 60
  • View: Ocean

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Pool, Tennis Courts
  • Association Amenities: Outdoor-Comm. Pool, Outdoor-Comm. Tennis
  • Association Fee: Yes
  • Estimated Annual Fee: 750

Lot Info

  • Estimated Lot Sq Ft: 6000
  • Lot Size: 60 x 100
  • Lot Number: lot 53
  • Deed Book: 798

Rental Info

  • Est Annual Rental Income: 81475
  • Estimated Rental Performance: 0.1015
  • Lease Terms: Weekly
  • Rental Co: Carolina Designs
  • Rental Cottage Name: Carolina On My Mind
  • Rental Cottage Number: 129
  • Rental Phone Number: 261 3934
  • Rental Turnover Day: Sunday

Building Info

  • Year Built: 2002

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2011
  • Taxes: 3680

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%
Current Estimated Value
$1,257,575

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$472,575
Avg. Annual Appreciation
10.61%
Original Mortgage
$161,000
Outstanding Balance
$144,022
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$1,131,256

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

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 Type Sale Price Title Company
Warranty Deed $785,000 None Available
Warranty Deed $802,500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $161,000 New Conventional
Open $510,400 New Conventional
Previous Owner $500,000 New Conventional
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

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 73374

Outer Banks Association of REALTORS®

APN: 116A-000-0053-0000