Closing Price:
$399,900
749 Hammock Lane, Corolla, NC 27927
3 bd
3 ba
2300 sq ft
MLS #: 86393
Status: Closed

Sold Details

Status: Closed
Sold Price: $387,000.00
Closing Date: 5/26/2015
Contract Date: 4/15/2015
Seller Concessions: Yes
Total Days on Market:
Cumulative Days on Market: 130

Listing Information

Area: Corolla Westside
Mls Status: Closed
Days On Market: 129
Cumulative Days On Market: 130
Listing Price: $399,900
Original Listing Price: $425,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 5/28/2015
Furnishing Available: Yes
Bill Of Sale Amount: Yes
Ownership: Owned 12 Months or less
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 2300
Asking Price Per SqFt: $174.00
Heated Living Area Sq Ft: 2300
BedroomsTotal: 3
Bathrooms Full: 3
Bathrooms Partial: 1
Year Built: 2001
Garage: 1 Car,Attached
Architectural Style: Contemporary, Coastal, Reverse Floor Plan
Sub Type: Single Family Residence
Appliances: Disposal, Dryer, Dishwasher, Ice Maker, Microwave, Refrigerator, Range/Oven, Washer
Roof: Asphalt
Parking: Paved
Foundation: Piling
Pool: Yes
Pool Type: Private
Pool Features: Association
Sun Deck Size: Ocean View
Builder Name: Landmark Construction
Counter Tops: Laminate
Cooling: Heat Pump, Zoned
Interior Features: Cathedral Ceiling(s), Wet Bar, Walk-In Closet(s)
Heating: Electric, Heat Pump, Zoned
Room Type: Loft
Flooring: Carpet, Ceramic Tile, Hardwood, Vinyl
Construction Materials: Frame, Wood Siding

Legal Description

County: Currituck
Subdivision: TCC-The Hammocks
Deed Book: 813
Deed Book Page Number: 908
County Pin Number: 117B00000560000
Price Change: 5/27/2015
Road Surface: Paved, Private
Association Amenities: Clubhouse, Common Area, Gated, Golf Course, Fitness Center, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground

Lot Details

Lot Features: Zero Lot Line
Lot Faces: W
Waterfront: None
View: Ocean, Sound
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2014
Annual Property Taxes: $2,021.00
Flood Zone: X
Water Source: Municipal
Contract Status Change Date: 5/28/2015
Estimated Annual Fee Amt: $6,200.00
Sewer: Private Sewer
Association Fee Includes: Building Maintenance, Electricity, Common Insurance, Maintenance Grounds, Management, Road Maintenance, Tennis Courts, Walkways
Association Fee Yes or No: Yes

Financials

Bill Of Sale Amoung: 1
Bank/Institution Owned: No
Exterior: Cement Fiber Board,Lap Siding,Shakes
HashTag of Units: 1
Extras: Ceiling Fan(s),Covered Decks,Fenced Yard,Garage Door Opener,Landscaped,Lawn Sprinklers,Outside Shower,Smoke Detector(s),Sun Deck,Water Filter
Primary Residence: No

Rental Income

Annual Rental Income: 38600
Rental Performance: 0.0997

Listing Agent Remarks

Sweeping panoramic ocean to sound views the highest location in the Hammocks. Formerly the Hammocks Model, this home is in a prime location with great curb appeal, accessibility to the beach, golf course, shopping and The Currituck Club amenities. Enjoy VIEWS VIEWS VIEWS without being sound or oceanfront prices.This 3 bedroom (optional 4 bedroom) 3 1/2 bath home has 3 separate living areas providing numerous areas for privacy or get togethers. Two masters offer comfort and seclusion. Large, serviceable kitchen, also with views,is perfect for any chef. The sunny dining area offers amazing sunset views over the Currituck Sound while enjoying dinner with family. Loft area has a balcony, wet bar and day bed for additional guests. Attractive furnishings are found throughout. You'll also enjoy a one car garage for more storage or dry entry. The owners are meticulous in maintaining their beach cottage. Since owning the home they have put $8,200 into Window repair/replacement per home inspection,all new carpets throughout $7,000, and updated décor which conveys with purchase $4000. Hammock 56 has only been in a rental program for 2 years and was always used as a second home before that. You're investing in lifestyle when you invest in the exclusive Currituck Club. Enjoy your private pool or ride your bike to any one of the community areas to play tennis, basketball or swim. Trolley service to all areas and the beach in season. Want to make your stay even more enjoyable become a member of the Currituck Club golf course. Current owners don't allow pets and restrict rentals. Please see projected income in associated docs for income that can be generated if owner allowed pets and opened all weeks. Village projects $38,600 (advertised rate) over 9% return on your investment. 10,650 booked YTD for 2015 (as of 3/21).

Directions

Enter main gate to Currituck Club. Turn right at Hunt Club Drive. Turn right into Hammocks.

Official MLS Disclaimer

The data relating to real estate for sale on this web site comes from the Broker Reciprocity Program of the Outer Banks Association of REALTORS. This property located at 749 Hammock Lane in Corolla is provided courtesy of Ocean Realty . Information is believed to be accurate but is not warranted. Copyrighted by Outer Banks Association of REALTORS. All Rights Reserved. IDX information is provided by Shore Realty of the OBX exclusively for consumers, personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. If this page disappears from this site it means the property at 749 Hammock Lane in Corolla is no longer available for sale. If you are interested in this property or have any questions about buying or selling real estate on the Outer Banks call Shore Realty. Local 252-441-3416 OR 800-647-1868.
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