788 Mercury Rd Corolla, NC 27927
Corolla NeighborhoodEstimated Value: $1,346,000 - $1,417,236
5
Beds
4.5
Baths
3,923
Sq Ft
$352/Sq Ft
Est. Value
Highlights
- Community Beach Access
- Spa
- Second Refrigerator
- Ocean View
- Gated Community
- Cathedral Ceiling
About This Home
As of August 2020CUSTOM, UNIQUE, SOLID, SPECIAL AND LOVED!! ADD POOL AND INCREASE INCOME!!! Owners may consider pool installation credit with acceptable Offer. One of-a-kind home, built by Pete Hunter, in the gated community of prestigious Buck Island is a MUST SEE! This home has never been in a rental program and has been lovingly maintained. From the solid wood interior doors and wood trim stained in a Brazilian Cherry finish to the double car garage and chef’s kitchen, this home is a PERFECT residence or second home choice. And yes, it can also be a terrific investment. Oh, did I mention a golf cart yet? Well, the golf cart will convey with an accepted Offer. Now to some of the outstanding features and specs: Elevator, maple plank flooring, twin head tiled shower in master suite, bidet, two walk-in closets in master suite, one piece tub showers in other baths, surround sound, composite decking and vinyl rails, beautiful landscaping and irrigation system, hurricane shutters, sub-zero refrigerator plus full-size freezer with custom cabinet doors, granite counters, 5-burner cook-top, double wall oven, warming oven, ceramic bar sink, fiber composite double sink, disposal, pantry, tons of cabinetry, three HVAC units, double 80 gallon water heaters, security system (not activated), spacious decking, screened porch off bedroom, ocean views, only steps to the beautiful community pool or to the ocean front boardwalk, exterior painted 2018, game room leading to hot tub and potential conversational pool area, gated and fenced back yard, and EXTRAORDINARY STORAGE THROUGHOUT this home. Beautiful solarium-like planting area for restful reflection or reading. Last, but not least, there is even a pet bathing/utility tub!! Community drainage system upgrades completed. Owners have already paid the $2,500 assessment. This home is owner-occupied. Personal items, some artwork, dinnerware and cooking ware will not convey see list of other items that will not convey. Call agents for entrance code and owner notification prior to showing.
Last Agent to Sell the Property
Outer Banks Realty Group License #185778 Listed on: 07/12/2019
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,091
Year Built
- Built in 1998
Lot Details
- Property fronts a private road
- Fenced Yard
- Landscaped
- Corner Lot
- Level Lot
- Sprinkler System
HOA Fees
- $374 Monthly HOA Fees
Property Views
- Ocean
- Pond
Home Design
- Reverse Style Home
- Frame Construction
- Asphalt Shingled Roof
- Piling Construction
- Cement Board or Planked
Interior Spaces
- 3,923 Sq Ft Home
- Elevator
- Furnished
- Cathedral Ceiling
- Ceiling Fan
- Gas Fireplace
- Entrance Foyer
- Game Room
- Utility Room
Kitchen
- Built-In Oven
- Built-In Range
- Microwave
- Second Refrigerator
- Freezer
- Ice Maker
- Dishwasher
- Granite Countertops
- Disposal
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Walk-In Closet
Laundry
- Dryer
- Washer
Home Security
- Home Security System
- Hurricane or Storm Shutters
- Fire and Smoke Detector
Parking
- Garage
- Carport
- Garage Door Opener
- Off-Street Parking
Pool
- Spa
- Outdoor Pool
- Outdoor Shower
Outdoor Features
- Sun Deck
- Patio
- Exterior Lighting
Utilities
- Forced Air Zoned Heating and Cooling System
- Heat Pump System
- Municipal Utilities District for Water and Sewer
Listing and Financial Details
- Tax Lot 29
Community Details
Overview
- Association fees include building maintenance, common electric, common insurance, flood insurance, grounds maintenance, management, pool, security, sewer/septic, walkways
- Harry Elam Association, Phone Number (252) 453-8499
- Built by Pete Hunter
- Bi Buck Island Subdivision
Recreation
- Community Boardwalk
- Community Beach Access
- Community Playground
- Community Pool
- Park
Security
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 12, 2019
Closed on
Aug 14, 2020
Sold by
Belton Criag L and Belton Barbara D
Bought by
Hamant Steven and Hamant Susan
Seller's Agent
Jack & Carol Riggle
Outer Banks Realty Group
Buyer's Agent
Laurie Battaglia
Coastal Outer Banks Realty
List Price
$849,900
Sold Price
$722,500
Premium/Discount to List
-$127,400
-14.99%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$658,059
Avg. Annual Appreciation
14.73%
Original Mortgage
$450,000
Outstanding Balance
$403,644
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$997,711
Purchase Details
Closed on
Jul 10, 2002
Bought by
Belton Craig L and Belton Barbara D
Similar Homes in Corolla, NC
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hamant Steven | $722,500 | None Available | |
| Belton Craig L | $925,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hamant Steven | $450,000 | |
| Previous Owner | Belton Craig L | $607,500 | |
| Previous Owner | Belton Craig L | $325,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/24/2020 08/24/20 | Sold | $722,500 | -7.4% | $184 / Sq Ft |
| 07/12/2020 07/12/20 | Pending | -- | -- | -- |
| 07/03/2020 07/03/20 | Price Changed | $780,000 | -1.9% | $199 / Sq Ft |
| 05/23/2020 05/23/20 | Price Changed | $794,900 | -3.6% | $203 / Sq Ft |
| 01/15/2020 01/15/20 | Price Changed | $824,900 | -2.9% | $210 / Sq Ft |
| 07/12/2019 07/12/19 | For Sale | $849,900 | -- | $217 / Sq Ft |
Source: Outer Banks Association of REALTORS®
Tax History Compared to Growth
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 | $5,720 | $741,400 | $320,000 | $421,400 |
| 2023 | $5,720 | $741,400 | $320,000 | $421,400 |
| 2022 | $4,217 | $741,400 | $320,000 | $421,400 |
| 2021 | $4,089 | $721,000 | $290,000 | $431,000 |
| 2020 | $4,091 | $721,000 | $290,000 | $431,000 |
| 2019 | $4,091 | $721,000 | $290,000 | $431,000 |
| 2018 | $0 | $721,000 | $290,000 | $431,000 |
| 2017 | $3,711 | $721,000 | $290,000 | $431,000 |
| 2016 | $3,711 | $721,000 | $290,000 | $431,000 |
| 2015 | -- | $721,000 | $290,000 | $431,000 |
Source: Public Records
Agents Affiliated with this Home
-
Jack & Carol Riggle
Seller's Agent in 2020
Jack & Carol Riggle
Outer Banks Realty Group
(252) 202-9890
15 in this area
18 Total Sales
-
Carol Riggle
C
Seller Co-Listing Agent in 2020
Carol Riggle
Outer Banks Realty Group
(252) 202-8806
14 in this area
16 Total Sales
-
Laurie Battaglia
Buyer's Agent in 2020
Laurie Battaglia
Coastal Outer Banks Realty
(252) 207-5650
14 in this area
85 Total Sales
Map
Source: Outer Banks Association of REALTORS®
MLS Number: 105806
APN: 116B-000-0029-0000
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