Seller's Agent in 2019
Tim Lancsek
RE/MAX
(252) 619-6089
48 in this area
129 Total Sales
512 Breakers Arch Corolla, NC 27927
Estimated Value: $2,169,369 - $2,737,000
10
Beds
10.5
Baths
6,951
Sq Ft
$349/Sq Ft
Est. Value
Highlights
- Community Beach Access
- Home Theater
- Second Refrigerator
- Ocean View
- Concrete Pool
- Craftsman Architecture
About This Home
As of November 2019Ocean Views ALL DAY LONG in an "EXTREMELY Rare" location. Closer distance to the beach access or equal to many semi-oceanfront lots in Corolla!!!!! So, really........ how many homes are truly built for their highest and best use? How many homes built over the years have had the vision and insight as to where the real estate market was going? Then look at the homes on the market and say to yourself "Even if I buy the home and renovate it, is the structure really built for its highest and best use?" I have a strong suspicion the answer 9 times out of 10 will be "No". Hitting the ceiling on land potential is the name of the game and "Coastal Dalliance" is just that. A perfectly executed home of vision and design. This is absolutely not your standard rental home floor plan. This 7000 square foot home is "Wide Open". Cannot stand the term "Open Concept" because its overused and normally not applicable? This home is actually a real "Open Concept" floor plan. This is an investment property that actually feels like a "Home" and not a "Hotel". "Coastal Dalliance" can potentially generate 197k annually in"advertised" income and has the potential for significant additional income. Looking for a turn key investment that doesn't need a HUGE renovation and also built for its highest and best use. Your options are extremely limited, so look no further.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,976
Year Built
- Built in 2012
Lot Details
- 0.62 Acre Lot
- Landscaped
- Level Lot
- Sprinkler System
Parking
- Paved Parking
Home Design
- Craftsman Architecture
- Coastal Architecture
- Reverse Style Home
- Asphalt Shingled Roof
- Wood Siding
- Lap Siding
- Piling Construction
Interior Spaces
- 6,951 Sq Ft Home
- Elevator
- Wet Bar
- Furnished
- Cathedral Ceiling
- Ceiling Fan
- Window Treatments
- Entrance Foyer
- Home Theater
- Game Room
- Screened Porch
- Ocean Views
Kitchen
- Built-In Oven
- Microwave
- Second Refrigerator
- Ice Maker
- Second Dishwasher
- Wine Cooler
- Granite Countertops
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 10 Bedrooms
- En-Suite Primary Bedroom
- Hydromassage or Jetted Bathtub
Laundry
- Dryer
- Washer
Home Security
- Home Security System
- Fire and Smoke Detector
Accessible Home Design
- Handicap Accessible
Pool
- Concrete Pool
- Heated In Ground Pool
- Outdoor Pool
- Spa
- Outdoor Shower
Outdoor Features
- Covered Deck
- Patio
- Exterior Lighting
Utilities
- Forced Air Zoned Heating and Cooling System
- Heat Pump System
- Municipal Utilities District Water
- Private or Community Septic Tank
Listing and Financial Details
- Tax Lot 10
Community Details
Overview
- Property has a Home Owners Association
- Association fees include walkways
- Built by Olin Finch
- Ocean Sands Subdivision
Recreation
- Community Boardwalk
- Community Beach Access
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 1, 2020
Sold by
Kapko Kenneth John and Kapko Christy
Bought by
512 Breakers Arch Llc
Current Estimated Value
Purchase Details
Listed on
Jul 26, 2019
Closed on
Oct 29, 2019
Sold by
Harris Richard S and Harris Luana
Bought by
Kapko Kenneth John
Seller's Agent
Tim Lancsek
Surfside Realty
Buyer's Agent
Carol Perry
Sun Realty - KDH
List Price
$1,599,900
Sold Price
$1,545,000
Premium/Discount to List
-$54,900
-3.43%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.64%
Purchase Details
Closed on
Jul 29, 2011
Sold by
Holley Leon and Holley Pauline
Bought by
Harris Ii Richard S
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 512 Breakers Arch Llc | -- | None Available | |
| Kapko Kenneth John | $1,545,000 | None Available | |
| Harris Ii Richard S | $225,000 | None Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/08/2019 11/08/19 | Sold | $1,545,000 | -3.4% | $222 / Sq Ft |
| 09/26/2019 09/26/19 | Pending | -- | -- | -- |
| 07/26/2019 07/26/19 | For Sale | $1,599,900 | -- | $230 / 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 | $9,165 | $1,191,700 | $220,000 | $971,700 |
| 2024 | $9,149 | $1,191,700 | $220,000 | $971,700 |
| 2023 | $9,149 | $1,191,700 | $220,000 | $971,700 |
| 2022 | $6,761 | $1,191,700 | $220,000 | $971,700 |
| 2021 | $6,746 | $934,100 | $200,000 | $734,100 |
| 2020 | $5,435 | $934,100 | $200,000 | $734,100 |
| 2019 | $5,415 | $934,100 | $200,000 | $734,100 |
| 2018 | $5,415 | $934,100 | $200,000 | $734,100 |
| 2017 | $4,910 | $934,100 | $200,000 | $734,100 |
| 2016 | $4,910 | $934,100 | $200,000 | $734,100 |
| 2015 | $4,910 | $934,100 | $200,000 | $734,100 |
Source: Public Records
Agents Affiliated with this Home
-
Tim Lancsek
-
Carol Perry
Buyer's Agent in 2019
Carol Perry
Sun Realty - KDH
(252) 207-5554
4 in this area
51 Total Sales
Map
Source: Outer Banks Association of REALTORS®
MLS Number: 105962
APN: 126A-000-0010-000A
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