Listing Details For 755 Cormorant Trail in Corolla

Closing Price:
$689,000
755 Cormorant Trail, Corolla, NC 27927
5 bd
3 ba
2180 sq ft
MLS #: 118260
Status: Closed

Sold Details

Status: Closed
Sold Price: $700,000.00
Closing Date: 4/29/2022
Contract Date: 4/19/2022
Seller Concessions: Yes
Concession Comments: $5000 seller concessions
Total Days on Market:
Cumulative Days on Market: 18
Due Diligence Date: 4/19/2022

Listing Information

Area: Corolla Oceanside
Mls Status: Closed
Days On Market: 18
Cumulative Days On Market: 18
Listing Price: $689,000
Original Listing Price: $735,000
Short Sale: No
Price Date: 4/29/2022
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 2180
Asking Price Per SqFt: $316.00
Heated Living Area Sq Ft: 2180
BedroomsTotal: 5
Bathrooms Full: 3
Year Built: 1992
Sub Type: Single Family Residence
Appliances: 2nd Refrigerator, Dryer, Dishwasher, Microwave, Refrigerator w/Ice Maker, Range/Oven, Washer
Roof: Asphalt
Parking: Paved, Underground
Pool: No
Cooling: Central Air, Heat Pump
Interior Features: Cathedral Ceiling(s)
Heating: Central, Heat Pump
Flooring: Vinyl Tile

Legal Description

Section: J
County: Currituck
Subdivision: Ocean Sands
Deed Book: 1552
Deed Book Page Number: 0683
County Pin Number: 126A0000057000J
Price Change: 4/28/2022
Block: n/a
Road Surface: Paved
Association Amenities: Ocean Access

Lot Details

Waterfront: More than 5th row
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2022
Annual Property Taxes: $2,423.00
Flood Zone: X
Water Source: Municipal
Contract Status Change Date: 4/29/2022
Estimated Annual Fee Amt: $900.00
Sewer: Shared Septic
Association Fee Includes: Walkways
Association Fee Yes or No: Yes

Financials

Bill Of Sale Amoung: 1
Electroni Locks: Owned
Bank/Institution Owned: No
Exterior: Lap Siding
Extras: Ceiling Fan(s),Covered Decks,Screened Porch,Inside Laundry Room
Fuel Tanks: None
HOA Contact Name: Signature Touch Property Mgmt
Primary Residence: No
HOA Contact Info: 252-441-8857

Rental Income

Annual Rental Income: 84000
Rental Performance: 0.12

Listing Agent Remarks

AMAZING OPPORTUNITY IN COROLLA! This newly renovated 5 bedroom 3 bathroom home on an elevated lot is situated perfectly between the ocean and the sound. A short walk to the beach, this beach house has all that you need for a fantastic vacation and a great rental investment, and everything has already been done for you! The owners meticulously updated the entire home and furnished it for their use as a second home, they never rented it and it shows! BRAND NEW LARGE KITCHEN including appliances, farmhouse sink, cabinets and handles. BRAND NEW LVT FLOORING throughout the home, with oak stair treads. ALL BATHROOMS HAVE BEEN UPDATED, including counter-tops, flooring, lighting, ceiling fans, mirrors, shower doors and toilets. The home has been NEWLY PAINTED, and new window treatments installed. It's a "smart home," so the HVAC thermostats and alarm system/cameras are all compatible/controllable with a smart phone. The top level is open concept, with tall ceilings, new lighting, extra large ceiling fan and plenty of natural light through the windows and sliders. Off of the dining area is the screened porch, great for outside dining and gathering. There are ample porches off this top level. There's also a bedroom and full bathroom on this level. The middle level has four more bedrooms and two full bathrooms. The wide hallway provides character and space for a second gathering area, with a tv and long bench for seating. Two of the bedrooms on this level have sliders that open up onto covered porches. The home backs up to live-oak dotted undeveloped common area, giving great privacy and serene views. The beach is a short walk away, you can choose to walk along the lake, for a shaded and picturesque walk to the beach, or you can choose to walk along the neighborhood streets, down to the direct beach access. The owners loved the double carports under the home, it gives plenty of space for parking. There's also an outside shower, and so much space under the home that there is potential for enclosing some space in the future. There is also a dry entry into the home, with additional storage. There's likely to be room for a pool on the property! When the owners bought the home, they were told by the previous owners that there was room to add a pool in the future. It's not currently in a rental program, so if you choose to rent it, you can pick any company that you prefer, and you aren't obligated to any rentals currently! There are two rental projections on file, one shows a potential of 63k if a hot tub was added and one shows an 84k gross income potential, as is! It's located high and dry in the X flood zone, so flood insurance is not required!

Directions

Turn into HIJO section of Ocean Sands. Take first left onto Cormorant Trail. Home will be around the bend on the right.

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 755 Cormorant Trail in Corolla is provided courtesy of Keller Williams - Outer Banks C: 252-599-7250. 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 755 Cormorant Trail 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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