NOT LISTED FOR SALE

512 Sandbucket Arch Corolla, NC 27927

Estimated Value: $1,442,817 - $1,647,000

8 Beds
8.5 Baths
4,368 Sq Ft
$362/Sq Ft Est. Value

Last Sold April 22, 2016

Last sale price $882,000 $202 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $9,003/month

87 Days on Market

Highlights

  • Community Beach Access
  • In Ground Pool
  • Coastal Architecture
  • Ocean View
  • Second Refrigerator
  • Wooded Lot

About This Home

As of April 2016

Immaculate home set on large tranquil lot in the very desirable southern Section C of Ocean Sands. This oceanside beauty is only 275 steps to the wide, sandy uncrowded beach of this popular resort destination! Chasin' Gulls is a large, well constructed, and beautifully maintained 8 bedroom home. Nicely positioned on a very large (almost 2/3 acre) and private elevated lot to capture the lovely ocean views. This property has everything you want in a performance beach home: nicely furnished, an elevator, spacious game room with pool table and kitchenette, gas fireplace, mid level den/office, ships watch, hot tub, private pool, volleyball court, and lots of decks! A solid rental in perfect condition, this home needs nothing but your buyer! Solid rental history of $95,000+. and the projected income for 2016 is $103,307 for full season! Fantastic oceanside property on a beautiful, serene lot, with numbers that work! Being sold as a short sale, this is a true opportunity! What are you waiting for?

Last Agent to Sell the Property

Lauren Nelson

Keller Williams - Outer Banks License #212651 Listed on: 11/02/2015

Keller Williams - Outer Banks

Co-Listed By

Steve Clarke

Default, Office License #197019

Last Buyer's Agent

Paul Sabadash

Sun Realty - Corolla License #119788

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,675

Year Built

  • Built in 2005

Lot Details

  • 28,073 Sq Ft Lot
  • Cul-De-Sac
  • Wooded Lot

HOA Fees

  • $8 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Vinyl Construction Material

Interior Spaces

  • 4,368 Sq Ft Home
  • Elevator
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Game Room
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Second Refrigerator
  • Ice Maker
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • En-Suite Primary Bedroom
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Parking

  • Paved Parking
  • Off-Street Parking

Pool

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

Outdoor Features

  • Sun Deck
  • Covered Deck
  • 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 146

Community Details

Overview

  • Built by SHORELINE
  • Ocean Sands Subdivision

Recreation

  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,675

Year Built

Built in 2005

Lot Details

0.64 Acres

HOA Fees

$8 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Directions: TURN EAST ON SANDHILL LANE, RT ON SANDBUCKET ARCH, HOME ON RIGHT ALMOST STRAIGHT AHEAD
  • Extras: Beach Access, Ceiling Fan(s), Covered Decks, Elevator, Hot Tub, Jet Tub, Outside Lighting, Outside Shower, Smoke Detector(s), Sun Deck
  • Headline: OCEAN VIEWS and 10% RETURN!
  • Heated Sq Ft: 4368
  • Potential Short Sale: Yes
  • Roads: Paved
  • Sale/Rent: For Sale
  • Section: C
  • Zoning: R
  • Deed Book Pg Number: 787
  • Major Subdivision: Ocean Sands
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer, 2nd Refrigerator
  • Bedrooms: 8
  • Countertops: Laminate
  • Floor Coverings: Carpet, Ceramic Tile
  • Foundation: Piling
  • Full Bathrooms: 8
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Gas Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Pantry, Washer Connection
  • Optional Rooms: Game Room, Shipswatch
  • Partial Bathrooms: 1

Exterior Features

  • Homebuilder: SHORELINE
  • Construction: Frame
  • Exterior: Vinyl
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Parking: Paved, Off Street

Utilities

  • Cooling: Central, Heat Pump, Zoned
  • Heating: Central, Heat Pump, Zoned
  • Septic Fee: 223
  • Sewer/Septic System: Private Septic
  • Water: Municipal

Condo/Co-op/Association

  • Association Amenities: Ocean Access
  • Association Fee: Yes
  • Estimated Annual Fee: 100
  • Home Owner Dwelling Insurance: 6888

Lot Info

  • Estimated Lot Sq Ft: 28073
  • Lot Description: Cul-de-sac, Wooded
  • Lot Size: IRREG
  • Lot Number: Lot 146
  • Deed Book: 765

Rental Info

  • Est Annual Rental Income: 103307
  • Estimated Rental Performance: 0.1171
  • Flood Expenses: 702
  • Lease Terms: Weekly
  • Other Expenses: 500
  • Other Expenses2: 365
  • Other Expenses3: 200
  • Poolspa Expense: 4700
  • Rental Co: Twiddy and Company
  • Rental Cottage Name: CHASIN' GULLS
  • Rental Cottage Number: G327
  • Rental Phone Number: 457-1100
  • Rental Turnover Day: SAT
  • Yearly Expense Actual Estimate: Estimated
  • Annual Cable TV Expense: 1415
  • Annual Electric: 4000
  • Annual Telephone Expense: 684
  • Annual Water Expense: 900

Building Info

  • Year Built: 2005

Tax Info

  • Year: 2015
  • Taxes: 3675

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2015
Closed on
Apr 22, 2016
Sold by
Filer Kenneth H and Filer Donna Lee
Bought by
Zuber Richard A and Zuber Anita M
Seller's Agent
Lauren Nelson
Keller Williams - Outer Banks
Buyer's Agent
Paul Sabadash
Sun Realty - Corolla
List Price
$939,000
Sold Price
$882,000
Premium/Discount to List
-$57,000
-6.07%
Current Estimated Value
$1,581,954

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$699,954
Avg. Annual Appreciation
6.05%

Purchase Details

Closed on
Jun 30, 2004
Bought by
Filer Kenneth H and Filer Donna-Lee
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Zuber Richard A $882,000 None Available
Filer Kenneth H $540,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/22/2016 04/22/16 Sold $882,000 -6.1% $202 / Sq Ft
01/28/2016 01/28/16 Pending -- -- --
11/02/2015 11/02/15 For Sale $939,000 -- $215 / Sq Ft
Source: Outer Banks Association of REALTORS®

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 $6,487 $827,400 $220,000 $607,400
2024 $6,471 $827,400 $220,000 $607,400
2023 $6,471 $827,400 $220,000 $607,400
2022 $4,811 $827,400 $220,000 $607,400
2021 $4,796 $707,200 $200,000 $507,200
2020 $4,153 $707,200 $200,000 $507,200
2019 $4,153 $707,200 $200,000 $507,200
2018 $4,153 $707,200 $200,000 $507,200
2017 $3,766 $707,200 $200,000 $507,200
2016 $3,678 $707,200 $200,000 $507,200
2015 $3,675 $707,200 $200,000 $507,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 90110

Outer Banks Association of REALTORS®

APN: 126A-000-0146-000C

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