NOT LISTED FOR SALE

797 Mercury Rd Corolla, NC 27927

Corolla Neighborhood

Estimated Value: $1,051,000 - $1,209,000

5 Beds
4.5 Baths
3,008 Sq Ft
$376/Sq Ft Est. Value

Last Sold October 16, 2017

Last sale price $595,000 $198 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $7,071/month

593 Days on Market

Highlights

  • Community Beach Access
  • Concrete Pool
  • Contemporary Architecture
  • Ocean View
  • Gated Community
  • Cathedral Ceiling

About This Home

As of October 2017

Taste the good life in Tangerine Dream, a delightful vacation retreat home with sumptuous water views and tasteful amenities and upgrades! 67K rental income in 2016. Buck Island is a private and gated community featuring access to a subdivision Olympic-size pool, kiddie pool, tennis and basketball courts and a proactive association with protective covenants. The house is just a short stroll to the wide, soft, sandy beaches of Corolla. Shopping and restaurants are in walking distance too with quick access to the Timbuck II and Monteray Shores. The home features five bedrooms, a game-room, a private 14x28 pool, hot tub, hardwood floors, stainless steel appliances, updated electronics, cathedral ceilings and generous natural lighting. The covered porches and cul-de-sac location are perfect for relaxing and enjoying the cool sea breezes. $67,675 2015 gross rents. 67,989 2016 gross rents.

Last Agent to Sell the Property

Gray Berryman

Carolina Designs Realty License #214315 Listed on: 01/12/2016

Last Buyer's Agent

Daniel LaRue

Corolla Beach Realty License #257370

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,154

Year Built

  • Built in 1997

Lot Details

  • Property fronts a private road
  • Cul-De-Sac
  • Level Lot

HOA Fees

  • $366 Monthly HOA Fees

Property Views

  • Ocean
  • Pond

Home Design

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

Interior Spaces

  • 3,008 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Fire and Smoke Detector
  • Washer

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Hydromassage or Jetted Bathtub

Parking

  • Paved Parking
  • Off-Street Parking

Pool

  • Concrete Pool
  • In Ground Pool
  • Outdoor Pool
  • Spa

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Tax Lot 36

Community Details

Overview

  • Association fees include common electric, common insurance, grounds maintenance, management, road maintenance, security, tennis courts
  • Bi Buck Island Subdivision

Recreation

  • Community Boardwalk
  • Community Beach Access
  • Community Playground
  • Community Pool

Additional Features

  • Common Area
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,154

Year Built

Built in 1997

Lot Details

0

HOA Fees

$366 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary, Reverse Floor Plan
  • Directions: east into Buck Island past gate, third left on Mercury, home at the end on the right.
  • Extras: Beach Access, Boardwalk to Beach, Covered Decks, Hot Tub, Jet Tub, Outside Lighting, Smoke Detector(s), Sun Deck
  • Headline: Tangerine Dream--Zesty Returns
  • Heated Sq Ft: 3008
  • L V T Date: 01/12/2016
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Waterfront Location: 2 - lots from oceanfront (3rd row
  • Zoning: Res
  • Deed Book Pg Number: 1233
  • Office License Number: C6124
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 5
  • Floor Coverings: Carpet, Tile, Vinyl, Wood Laminate
  • Foundation: Piling, Slab
  • Full Bathrooms: 4
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s)
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool: Private and Association
  • Pool Type: In Ground, Concrete, Custom, Private Pool, Association Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean, Pond

Garage/Parking

  • Garage: Carport
  • Parking: Paved, Off Street

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Common Electric, Common Insurance, Grounds Maintenance, Management, Road Maintenance, Security, Tennis Courts
  • Association Amenities: Gated Community, Ocean Access, Outdoor-Comm. Pool, Outdoor-Off Site Tennis, Playground, Board Walk, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 4397

Lot Info

  • Lot Description: Cul-de-sac, Level
  • Lot Number: Lot 36
  • Deed Book: 90

Rental Info

  • Est Annual Rental Income: 67989
  • Estimated Rental Performance: 0.1143
  • Lease Terms: Weekly
  • Other Expenses: 300000
  • Rental Co: Carolina Designs
  • Rental Cottage Name: Tangerine Dream
  • Rental Cottage Number: 686
  • Rental Phone Number: 252-261-3934
  • Rental Turnover Day: Sunday

Building Info

  • Year Built: 1997

Tax Info

  • Year: 2016
  • Taxes: 3154.36

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2016
Closed on
Oct 16, 2017
Sold by
Richlynn Properties 797 Mercury Rd Llc
Bought by
A & B Blaise Llc
Seller's Agent
Gray Berryman
Carolina Designs Realty
Buyer's Agent
Daniel LaRue
Corolla Beach Realty
List Price
$699,900
Sold Price
$595,000
Premium/Discount to List
-$104,900
-14.99%
Current Estimated Value
$1,130,274

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$535,274
Avg. Annual Appreciation
8.66%
Original Mortgage
$476,000
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 2012
Sold by
Richlynproperties Llc Coastal Obx Proper
Bought by
Richlynn Properties 797 Mercury Rd Llc

Purchase Details

Closed on
Apr 20, 2012
Sold by
Bozard Richard and Bozard Kathy Lynn
Bought by
Richlynnproperties Llc Coastal Obx Prope
Source: Public Records

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Range of Values:

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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
A & B Blaise Llc $595,000 Attorney
Richlynn Properties 797 Mercury Rd Llc -- None Available
Richlynnproperties Llc Coastal Obx Prope -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blaise William T $420,000
Closed A & B Blaise Llc $476,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2017 10/16/17 Sold $595,000 -9.8% $198 / Sq Ft
08/27/2017 08/27/17 Pending -- -- --
08/01/2017 08/01/17 Price Changed $659,900 -1.5% $219 / Sq Ft
05/18/2017 05/18/17 Price Changed $669,900 -4.3% $223 / Sq Ft
01/12/2016 01/12/16 For Sale $699,900 -- $233 / 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 $4,899 $618,700 $330,000 $288,700
2023 $4,899 $618,700 $330,000 $288,700
2022 $3,665 $618,700 $330,000 $288,700
2021 $3,650 $598,700 $300,000 $298,700
2020 $3,477 $598,700 $300,000 $298,700
2019 $3,477 $598,700 $300,000 $298,700
2018 $3,477 $598,700 $300,000 $298,700
2017 $3,154 $598,700 $300,000 $298,700
2016 $3,154 $598,700 $300,000 $298,700
2015 $3,162 $598,700 $300,000 $298,700
Source: Public Records

Agents Affiliated with this Home

  • Gray Berryman

    Seller's Agent in 2017

    Gray Berryman

    Carolina Designs Realty

    (252) 573-9503

    47 in this area

    209 Total Sales

    Gray Berryman
    Section Image
  • Daniel LaRue

    Buyer's Agent in 2017

    Daniel LaRue

    Corolla Beach Realty

    (551) 404-7777

    34 in this area

    52 Total Sales

    Daniel LaRue
    Section Image
See All Agents

Map

Source: Outer Banks Association of REALTORS®

MLS Number: 90745

Outer Banks Association of REALTORS®

APN: 116B-000-0036-0000

North Carolina Currituck County Corolla 27927 Corolla

797 Mercury Rd, Corolla, NC

This home is located at 797 Mercury Rd, Corolla, NC 27927 since 12 January 2016 and is currently estimated at $1,130,274, approximately $375 per square foot. This property was built in 1997. 797 Mercury Rd is a home located in Currituck County with nearby schools including Knotts Island Elementary School, Currituck County Middle School, and Currituck County High School.

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