NOT LISTED FOR SALE

507 Conch Course Corolla, NC 27927

Estimated Value: $1,123,000 - $1,203,804

6 Beds
4.5 Baths
2,827 Sq Ft
$413/Sq Ft Est. Value

Last Sold August 25, 2016

Last sale price $649,000 $230 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $6,561/month

73 Days on Market

Highlights

  • Community Beach Access
  • In Ground Pool
  • Cathedral Ceiling
  • Ocean View
  • Second Refrigerator
  • Furnished

About This Home

As of August 2016

This gorgeous 6 bedroom, 4 1/2 bath home has incredible ocean views and is perfectly situated on a large home site on a quiet cul-de-sac only steps away from the beach access. There's a private pool, hot tub, over 1,100 sf of decks and horseshoe pit for your outdoor pleasure. Inside you'll find amenities such as a huge game room with pool table and kitchenette, the perfect entertaining area open concept living room/dining/kitchen with incredible ocean views and 2 masters with deck access. To top it off, this gorgeous home is in an X flood zone (no flood insurance required) and has the potential to get $60,000 in rental income if rented for a full season. Aerial video - https://www.youtube.com/watch?v=G3xJ647vQOs&feature=youtu.be Recent upgrades include: New HVAC's for 1st & 2nd floors (2015), removal of popcorn ceilings and interior paint (2016), New carpet 2nd floor (2016), New carpet 3rd floor and stairs (2013)

Last Agent to Sell the Property

Beth Dobney Garcia

Coldwell Banker Seaside Realty KH License #174853 Listed on: 04/30/2016

Coldwell Banker Seaside Realty KH

Co-Listed By

Zachary Garcia

Coldwell Banker Seaside Realty KH License #134919

Last Buyer's Agent

Toy Warden

RE/MAX Coastal Associates - Outer Banks License #170337

RE/MAX Coastal Associates - Outer Banks

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,273

Year Built

  • Built in 1993

Lot Details

  • 0.46 Acre Lot
  • Property fronts a private road
  • Cul-De-Sac
  • Sprinkler System

Home Design

  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Lap Siding
  • Piling Construction

Interior Spaces

  • 2,827 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Utility Room
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Second Refrigerator
  • Plumbed For Ice Maker
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Fiberglass Pool
  • Outdoor Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Exterior Lighting

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Propane
  • Heat Pump System
  • Municipal Utilities District Water
  • Private or Community Septic Tank

Listing and Financial Details

  • Tax Lot 88

Community Details

Overview

  • Ocean Sands Subdivision

Recreation

  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,273

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: Ocean Sands Section B - East on Seashell, South on Conch Crescent - home on left
  • Extras: Ceiling Fan(s), Covered Decks, Hot Tub, Lawn Sprinklers, Outside Lighting, Outside Shower, Sun Deck
  • Flood Zone: X
  • Headline: Great ocean views!
  • Heated Sq Ft: 2827
  • L V T Date: 05/01/2016
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Waterfront Location: 2 - lots from oceanfront (3rd row
  • Zoning: R
  • Deed Book Pg Number: 787
  • Major Subdivision: Ocean Sands
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Ice Machine, Microwave, Range/Oven, Refrigerator, Washer, 2nd Refrigerator
  • Bedrooms: 6
  • Bedroom 1: 14 x 11, On Level: 2
  • Bedroom 2: 14 x 13, On Level: 2
  • Bedroom 3: 12 x 12, On Level: 2
  • Bedroom 4: 12 x 12, On Level: 2
  • Bedroom 5: 12x10, On Level: 1
  • Bedroom 6: 14 x 11, On Level: 1
  • Kitchen: 14 x 13, On Level: 3
  • Countertops: Granite
  • Floor Coverings: Carpet, Ceramic Tile, Vinyl
  • Foundation: Piling
  • Full Bathrooms: 4
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Gas Fireplace, Ice Maker Connection, Ensuite
  • Dining Room: 13 x 9, On Level: 3
  • Game Room: 28x14, On Level: 1
  • Living Room: 22 x 14, On Level: 3
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Covered Deck Size: 584 sf
  • Exterior: Lap Siding
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Fiberglass, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • Sun Deck Size: 584 sf
  • View: Ocean

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Ocean Access
  • Home Owner Dwelling Insurance: 5229

Lot Info

  • Estimated Lot Sq Ft: 20060
  • Lot Description: Cul-de-sac
  • Lot Number: Lot 88
  • Deed Book: 902

Rental Info

  • Est Annual Rental Income: 60000
  • Flood Expenses: 655
  • Lease Terms: Weekly
  • Poolspa Expense: 2600
  • Rental Co: Outer Banks Blue
  • Rental Cottage Name: Beach Baums
  • Rental Cottage Number: OS 1 B
  • Rental Phone Number: 255-1220
  • Rental Turnover Day: Sunday
  • Yearly Expense Actual Estimate: Actual
  • Annual Cable TV Expense: 1428
  • Annual Electric: 2933
  • Annual Telephone Expense: 755

Building Info

  • Year Built: 1993

Tax Info

  • Year: 2015
  • Taxes: 3273

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 9, 2021
Sold by
Roman Walniuk Peter and Logan Cheryl
Bought by
Garcia Steven C and Garcia Olson Christine
Current Estimated Value
$1,168,951

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$760,000
Outstanding Balance
$707,100
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$461,851

Purchase Details

Listed on
Apr 30, 2016
Closed on
Aug 26, 2016
Sold by
Baumgartner Mark F and Baumgartner Maribeth C
Bought by
Walniuk Peter Roman and Walniuk Cheryl Logan
Seller's Agent
Beth Dobney Garcia
Coldwell Banker Seaside Realty KH
Buyer's Agent
Toy Warden
RE/MAX Coastal Associates - Outer Banks
List Price
$674,500
Sold Price
$649,000
Premium/Discount to List
-$25,500
-3.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.49%
Original Mortgage
$417,000
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2005
Sold by
Bear William C and Bear Carol R
Bought by
Baumgarter Mark F and Baumgarter Maribeth C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$570,000
Interest Rate
5.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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
Garcia Steven C $4,750,000 Sharp Starkey
Walniuk Peter Roman $649,000 Attorney
Baumgarter Mark F $905,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Steven C $760,000
Previous Owner Walniuk Peter Roman $417,000
Previous Owner Walniuk Peter Roman $102,200
Previous Owner Baumgarter Mark F $570,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/25/2016 08/25/16 Sold $649,000 -3.8% $230 / Sq Ft
07/12/2016 07/12/16 Pending -- -- --
04/30/2016 04/30/16 For Sale $674,500 -- $239 / 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
2025 $5,457 $689,700 $310,000 $379,700
2024 $5,457 $639,900 $310,000 $329,900
2023 $5,062 $639,900 $310,000 $329,900
2022 $3,792 $639,900 $310,000 $329,900
2021 $3,777 $613,900 $325,000 $288,900
2020 $3,608 $613,900 $325,000 $288,900
2019 $3,600 $613,900 $325,000 $288,900
2018 $3,600 $613,900 $325,000 $288,900
2017 $3,273 $613,900 $325,000 $288,900
2016 $3,273 $613,900 $325,000 $288,900
2015 $3,273 $613,900 $325,000 $288,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 92249

Outer Banks Association of REALTORS®

APN: 126A-000-0088-000B