NOT LISTED FOR SALE

992 Cruz Bay Ln Corolla, NC 27927

Corolla Neighborhood

Estimated Value: $1,858,000 - $2,012,000

8 Beds
10 Baths
5,630 Sq Ft
$343/Sq Ft Est. Value

Last Sold October 27, 2016

Last sale price $900,000 $160 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $11,290/month

36 Days on Market

Highlights

  • Community Beach Access
  • Home fronts a sound
  • Concrete Pool
  • Views of a Sound
  • Home Theater
  • Second Refrigerator

About This Home

As of October 2016

Absolutely spectacular, meticulously maintained, award-winning soundfront home in the beautiful "Soundfront at Corolla Bay" community. Eight master-suites, Awe-inspiring sunsets! Professionally decorated with splendid top-of-the-line furnishings and décor. Gourmet kitchen features granite countertops, large island, 42" KitchenAid French-door refrigerator, 48" KitchenAid Professional-grade dual-fuel range, multiple dishwashers, under-counter microwave in island, under-counter wine captain, under-counter Miele steam oven, KitchenAid large-capacity ice maker and more; Balcony/sitting area overlooking the great room features beverage center with under-counter KitchenAid refrigerator and Miele built-in coffee unit; Huge Grand-master suite features amazing walk-in custom-tiled shower and jetted tub; Custom cherry-paneled elevator; Wood-paneled/sound-proof theater/media room; Sports-bar-like game room with multiple TVs; Tiki Bar overlooking custom tiled pool with cascading waterfall fountain feature; Custom curved stairway featuring solid Brazilian Cherry stairway radius treads and newel posts; Solid Brazilian Cherry, granite, marble and tile floors; Granite, Silestone and glass-tile countertops. Private elevated walkway to soundfront deck with built-in benches - and much, much more - too many custom features to list. Perfect primary, vacation/second or investment/rental home with proven exceptional rental income!

Last Agent to Sell the Property

John Gross

Howard Hanna Outer Banks Realt License #207294 Listed on: 08/12/2016

Last Buyer's Agent

Trisha Midgett

Midgett Realty - Rodanthe License #162204

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,520

Year Built

  • Built in 2007

Lot Details

  • Home fronts a sound
  • Landscaped
  • Sprinkler System

HOA Fees

  • $83 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Metal Roof
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 5,630 Sq Ft Home
  • Elevator
  • Wet Bar
  • Central Vacuum
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Entrance Foyer
  • Home Theater
  • Library
  • Loft
  • Game Room
  • Utility Room
  • Stacked Washer and Dryer
  • Views of a Sound

Kitchen

  • Oven or Range
  • Microwave
  • Second Refrigerator
  • Ice Maker
  • Second Dishwasher
  • Wine Cooler
  • Marble Countertops
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • En-Suite Primary Bedroom
  • Cedar Closet
  • Walk-In Closet
  • Hydromassage or Jetted Bathtub

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

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

Accessible Home Design

  • Handicap Accessible

Pool

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

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Patio
  • Exterior Lighting
  • Tiki or Chickee Hut

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District Water
  • Community Sewer or Septic

Listing and Financial Details

  • Tax Lot 29

Community Details

Overview

  • Association fees include common electric, common insurance, management, road maintenance, walkways
  • Sterling Parker Tara Mgt. Association, Phone Number (252) 441-7860
  • Corolla Bay Subdivision

Recreation

  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,520

Year Built

Built in 2007

Lot Details

0

HOA Fees

$83 per month

Listing Details

  • Class: RESIDENTIAL
  • Directions: Approximately two miles north of Corolla Food Lion turn west at "Soundfront at Corolla Bay" sign on Devil's Bay then left on Cruz Bay - 992 is on right...
  • Extras: Ceiling Fan(s), Central Vacuum, Covered Decks, Elevator, Handicap Friendly, Hot Tub, Jet Tub, Landscaped, Lawn Sprinklers, Outside Lighting, Patio, Security System, Smoke Detector(s), Sun Deck, Tiki Bar, Dry Entry
  • Flood Zone: AE, X
  • Subdivision Name: Soundfront at Corolla bay
  • Headline: Spectacular Award-Winning Home
  • Heated Sq Ft: 5630
  • L V T Date: 08/12/2016
  • Roads: Paved
  • Sale/Rent: For Sale
  • Waterfront Location: Soundfront
  • Zoning: Res
  • Deed Book Pg Number: 41
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Ice Machine, Microwave, Range/Oven, Refrigerator, Refrigerator w/Ice Maker, Washer, 2nd Dishwasher, 2nd Refrigerator, Stackable Washer/Dryer, Wine Cooler
  • Bedrooms: 8
  • Countertops: Granite, Marble, Silestone, Solid Surface
  • Floor Coverings: Carpet, Tile, Marble, Hardwood
  • Foundation: Piling, Slab
  • Full Bathrooms: 8
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, All Window Treatments, Cathedral Ceiling(s), Cedar Closet(s), Dryer Connection, Gas Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Pantry, Walk in Closet, Washer Connection, Wet Bar
  • Optional Rooms: Foyer, Game Room, Library/Study, Loft, Office, Pantry, Utility Room, Home Theater, Media Room
  • Partial Bathrooms: 2

Exterior Features

  • Construction: Frame
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Concrete, Custom, Heated, Private Pool
  • Roof: Asphalt/Fiber Shingle, Metal
  • View: Sound

Garage/Parking

  • Garage: Carport
  • Parking: Paved, Off Street, Under

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Common Electric, Common Insurance, Management, Road Maintenance, Walkways
  • Association Amenities: Ocean Access
  • Association Fee: Yes
  • Estimated Annual Fee: 1000
  • Hoa Contact: Sterling Parker - Tara mgt.
  • HOA Contact: 252-441-7860

Lot Info

  • Lot Description: Water Frontage
  • Lot Number: Lot 29
  • Deed Book: 1025

Rental Info

  • Est Annual Rental Income: 103692
  • Estimated Rental Performance: 0.1152
  • Rental Co: Resort Realty
  • Rental Cottage Name: Panache
  • Rental Cottage Number: 1350
  • Rental Turnover Day: Sunday

Building Info

  • Year Built: 2007

Tax Info

  • Year: 2016
  • Taxes: 4519.86

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2016
Closed on
Oct 26, 2016
Sold by
Sunsets Unlimited Llc
Bought by
Hartman Brian A and Hartman Deborah D
Seller's Agent
John Gross
Howard Hanna Outer Banks Realt
Buyer's Agent
Trisha Midgett
Midgett Realty - Rodanthe
List Price
$1,149,000
Sold Price
$900,000
Premium/Discount to List
-$249,000
-21.67%
Current Estimated Value
$1,931,003

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,031,003
Avg. Annual Appreciation
9.05%
Original Mortgage
$720,000
Outstanding Balance
$584,206
Interest Rate
3.42%
Mortgage Type
New Conventional
Estimated Equity
$1,347,730

Purchase Details

Closed on
Sep 27, 2007
Sold by
Corolla Bay Llc
Bought by
Sunsets Unlimited Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
6.26%
Mortgage Type
New Conventional
Source: Public Records

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
Hartman Brian A $900,000 Attorney
Sunsets Unlimited Llc $2,100,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hartman Brian A $720,000
Previous Owner Sunsets Unlimited Llc $740,000
Previous Owner Sunsets Unlimited Llc $815,000
Previous Owner Sunsets Unlimited Llc $850,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2016 10/27/16 Sold $900,000 -21.7% $160 / Sq Ft
09/17/2016 09/17/16 Pending -- -- --
08/12/2016 08/12/16 For Sale $1,149,000 -- $204 / 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 $8,222 $1,060,200 $195,000 $865,200
2023 $8,222 $1,060,200 $195,000 $865,200
2022 $6,086 $1,060,200 $195,000 $865,200
2021 $6,071 $858,100 $229,000 $629,100
2020 $5,001 $858,100 $229,000 $629,100
2019 $4,985 $858,100 $229,000 $629,100
2018 $4,985 $858,100 $229,000 $629,100
2017 $4,535 $858,100 $229,000 $629,100
2016 $4,520 $858,100 $229,000 $629,100
2015 $4,954 $1,029,100 $400,000 $629,100
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    John Gross

    Howard Hanna Outer Banks Realt

  • Trisha Midgett

    Buyer's Agent in 2016

    Trisha Midgett

    Midgett Realty - Rodanthe

    (252) 996-0124

    41 in this area

    1,269 Total Sales

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 93398

Outer Banks Association of REALTORS®

APN: 115E-000-0029-0000

North Carolina Currituck County Corolla 27927 Corolla

992 Cruz Bay Ln, Corolla, NC

This home is located at 992 Cruz Bay Ln, Corolla, NC 27927 since 12 August 2016 and is currently estimated at $1,931,936, approximately $343 per square foot. This property was built in 2007. 992 Cruz Bay Ln is a home located in Currituck County with nearby schools including Knotts Island Elementary School, Currituck County Middle School, and Currituck County High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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