A
Seller's Agent in 2022
Andy DelToro
Brindley Beach Vacations & Sales - KH
511 Breakers Arch Corolla, NC 27927
Estimated Value: $1,985,000 - $2,356,413
11
Beds
13
Baths
6,222
Sq Ft
$356/Sq Ft
Est. Value
Highlights
- Community Beach Access
- Home Theater
- Rooftop Deck
- Ocean View
- Concrete Pool
- Second Refrigerator
About This Home
As of December 2022Updated, remodeled, renovated and ready to go. Tremendous rental income on the books this year, again! $260,000 on the books with adding back in an owners' prime week at the end of June. Oh, let's not forget, a nice bonus is on the way for 2023! Quality construction by reputable contractor Olin Finch. This home is perched atop a dune providing views of the ocean and protection from stormwaters. Located just before the oceanfront cul-de-sac, ocean access is easier and faster than 3rd and 4th row homes in most Corolla neighborhoods. Actually, ocean access is closer than some semi-oceanfront homes in Whalehead! Not only is access easier, you have a pristine, uncrowded beach just south of the access. Adjacent to this section of Ocean Sands is undeveloped Open Space. Not only is the location great, the condition is fantastic. Many updates to share: *2020 replaced 2 washers and dryers, installed new septic field, expanded pool area, added 2 HE hot water heaters, re-sided and painted the entire house, replaced 10 windows *2021 one new HVAC system, new pool heater and salt system, new outdoor furniture and swing *2022 brand new kitchen!, new carpet and LVP flooring, new living/dining furniture, some new bedroom furniture, smart TV's throughout the home and another new HVAC system. Let's top it off with that bonus...2023 rental rates are set $1,000 higher for each week, and yes, weeks are booking already with over $180,000 worth of reserved weeks!
Last Agent to Sell the Property
Andy DelToro
Brindley Beach Vacations & Sales - KH License #274147 Listed on: 05/11/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,237
Year Built
- Built in 2005
Lot Details
- 0.52 Acre Lot
- Landscaped
- Corner Lot
- Sprinkler System
- Property is zoned SFO
HOA Fees
- $10 Monthly HOA Fees
Home Design
- Coastal Architecture
- Reverse Style Home
- Slab Foundation
- Frame Construction
- Asphalt Shingled Roof
- Lap Siding
- Piling Construction
Interior Spaces
- 6,222 Sq Ft Home
- Elevator
- Furnished
- Ceiling Fan
- Gas Fireplace
- Entrance Foyer
- Home Theater
- Game Room
- Screened Porch
- Ocean Views
- Fire and Smoke Detector
Kitchen
- Built-In Oven
- Built-In Range
- Microwave
- Second Refrigerator
- Second Dishwasher
- Quartz Countertops
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 11 Bedrooms
- En-Suite Primary Bedroom
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- Paved Parking
- Off-Street Parking
Pool
- Concrete Pool
- In Ground Pool
- Outdoor Pool
- Saltwater Pool
- Outdoor Shower
- Spa
Outdoor Features
- Sun Deck
- Rooftop Deck
- Covered Deck
- Exterior Lighting
- Tiki or Chickee Hut
Utilities
- Forced Air Heating and Cooling System
- Heat Pump System
- Municipal Utilities District Water
- Fuel Tank
- Private or Community Septic Tank
Listing and Financial Details
- Tax Lot 22
Community Details
Overview
- Margie Gaitens Association
- Built by Olin Finch
- Ocean Sands Subdivision
Recreation
- Community Boardwalk
- Community Beach Access
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 11, 2022
Closed on
Dec 19, 2022
Sold by
Miller Stephen and Miller Maria
Bought by
511 Breakers Arch Llc
Seller's Agent
Andy DelToro
Brindley Beach Vacations & Sales - KH
Buyer's Agent
Myra Ladd-Bone
Joe Lamb, Realty
List Price
$2,790,000
Sold Price
$2,320,000
Premium/Discount to List
-$470,000
-16.85%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$107,897
Avg. Annual Appreciation
-1.57%
Original Mortgage
$1,856,000
Outstanding Balance
$1,768,524
Interest Rate
4.75%
Mortgage Type
New Conventional
Estimated Equity
$443,579
Purchase Details
Listed on
Jun 25, 2019
Closed on
Oct 15, 2019
Sold by
Soundview Trail Llc
Bought by
Miller Stephen and Miller Maria
Seller's Agent
Chris Buttery
Brindley Beach Vacations & Sales - KH
Buyer's Agent
Andy DelToro
Brindley Beach Vacations & Sales - KH
List Price
$1,449,000
Sold Price
$1,310,000
Premium/Discount to List
-$139,000
-9.59%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.69%
Original Mortgage
$955,500
Interest Rate
3.4%
Mortgage Type
New Conventional
Purchase Details
Listed on
Apr 18, 2012
Closed on
May 23, 2012
Sold by
Midkiff & Company Inc
Bought by
Soundview Trail Llc
Seller's Agent
Janet Owen
Southern Shores Realty
Buyer's Agent
Chris Buttery
Brindley Beach Vacations & Sales - KH
List Price
$1,474,900
Sold Price
$1,380,000
Premium/Discount to List
-$94,900
-6.43%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.70%
Purchase Details
Closed on
Jul 11, 2006
Sold by
Midkiff Dale S and Midkiff Bonnie E
Bought by
Midkiff And Co Inc
Purchase Details
Closed on
Apr 27, 2006
Sold by
Carlton James I and Carlton Dona F
Bought by
Midkiff Sdale S and Midkiff Bonnie E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,235,000
Interest Rate
7.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 511 Breakers Arch Llc | $11,600,000 | -- | |
| Miller Stephen | $1,310,000 | None Available | |
| Soundview Trail Llc | $1,380,000 | None Available | |
| Midkiff And Co Inc | -- | None Available | |
| Midkiff Sdale S | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 511 Breakers Arch Llc | $1,856,000 | |
| Previous Owner | Miller Stephen | $955,500 | |
| Previous Owner | Midkiff Sdale S | $1,235,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/20/2022 12/20/22 | Sold | $2,320,000 | -5.3% | $373 / Sq Ft | |
| 11/02/2022 11/02/22 | Pending | -- | -- | -- | |
| 09/23/2022 09/23/22 | Price Changed | $2,450,000 | -5.7% | $394 / Sq Ft | |
| 09/09/2022 09/09/22 | Price Changed | $2,599,000 | -1.9% | $418 / Sq Ft | |
| 06/17/2022 06/17/22 | Price Changed | $2,650,000 | -5.0% | $426 / Sq Ft | |
| 05/11/2022 05/11/22 | For Sale | $2,790,000 | +113.0% | $448 / Sq Ft | |
| 10/17/2019 10/17/19 | Sold | $1,310,000 | -9.6% | $211 / Sq Ft | View Prior Sale |
| 07/08/2019 07/08/19 | Pending | -- | -- | -- | |
| 06/25/2019 06/25/19 | For Sale | $1,449,000 | +5.0% | $233 / Sq Ft | |
| 05/25/2012 05/25/12 | Sold | $1,380,000 | -6.4% | $225 / Sq Ft | View Prior Sale |
| 05/11/2012 05/11/12 | Pending | -- | -- | -- | |
| 04/18/2012 04/18/12 | For Sale | $1,474,900 | -- | $241 / Sq Ft |
Source: Outer Banks Association of REALTORS®
Tax History Compared to Growth
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 | $8,495 | $1,098,000 | $250,000 | $848,000 |
| 2024 | $8,495 | $1,098,000 | $250,000 | $848,000 |
| 2023 | $8,450 | $1,098,000 | $250,000 | $848,000 |
| 2022 | $6,252 | $1,098,000 | $250,000 | $848,000 |
| 2021 | $6,237 | $882,100 | $240,000 | $642,100 |
| 2020 | $5,115 | $882,100 | $240,000 | $642,100 |
| 2019 | $5,115 | $882,100 | $240,000 | $642,100 |
| 2018 | $0 | $855,600 | $240,000 | $615,600 |
| 2017 | $4,505 | $855,600 | $240,000 | $615,600 |
| 2016 | $4,519 | $855,600 | $240,000 | $615,600 |
| 2015 | $4,505 | $855,600 | $240,000 | $615,600 |
Source: Public Records
Agents Affiliated with this Home
-
-
Myra Ladd-Bone
Buyer's Agent in 2022
Myra Ladd-Bone
Joe Lamb, Realty
(252) 202-5689
5 in this area
44 Total Sales
-
Chris Buttery
Seller's Agent in 2019
Chris Buttery
Brindley Beach Vacations & Sales - KH
(757) 754-8871
29 Total Sales
-
J
Seller's Agent in 2012
Janet Owen
Southern Shores Realty
Map
Source: Outer Banks Association of REALTORS®
MLS Number: 118828
APN: 126A-000-0022-000A
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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Nearby Homes
- 552 Ocean Trail Unit Lot 132
- 574 Live Oak Ct Unit Lot 81
- 574 Live Oak Ct
- 504 Sandbucket Arch Unit Lot 150
- 568 Live Oak Ct Unit Lot82
- 573 Live Oak Ct Unit Lot 79
- 503 Brown Pelican Ct Unit Lot 1
- 505 Night Heron Ct Unit Lot 19
- 567 Ocean Trail Unit 140
- 521 Meadow Ln Unit 70
- 475 Spindrift Trail Unit Lot 5
- 577 Trolling Ln Unit Lot 254D
- 584 Hunt Club Dr Unit 142
- 596 Laughing Gull Ct Unit Lot134
- 0 Ocean Trail Unit Lots
- 475 Island Lead Rd Unit Lot 162
- 473 Island Lead Rd Unit Lot 161
- 469 Island Lead Rd Unit Lot 159
- 600 Cottage Ln
- 600 Cottage Ln Unit Lot1
- 511 Breakers Arch Unit 22
- 510 Ocean Way
- 509 Breakers Arch
- 516 Breakers Arch
- 518 Breakers Arch
- 508 Ocean Way
- 514 Breakers Arch
- 514 Breakers Arch Unit 9
- 524 Breakers Arch Unit Lot 50
- 524 Breakers Arch
- 520 Breakers Arch
- 507 Breakers Arch
- 506 Ocean Way
- 508 Breakers Arch
- 510 Breakers Arch
- 512 Breakers Arch
- 523 Breakers Arch
- 505 Breakers Arch Unit 19
- 505 Breakers Arch
- 509 Ocean Way