Seller's Agent in 2022
Beth Dobney Garcia
Coldwell Banker Seaside Realty KH
(252) 207-4484
20 in this area
101 Total Sales
514 Breakers Arch Corolla, NC 27927
Estimated Value: $1,330,000 - $2,042,027
11
Beds
13
Baths
5,116
Sq Ft
$353/Sq Ft
Est. Value
Highlights
- Community Beach Access
- Home Theater
- 0.79 Acre Lot
- Ocean View
- Heated In Ground Pool
- Second Refrigerator
About This Home
As of May 2022This gorgeous 11 bedroom home is perfectly situated only 6 lots from the oceanfront in the highly sought after Section A of Ocean Sands. The homesites are all over 3/4 of an acre which provides space and uncrowded beaches. This well designed home offers everything you could want in a vacation home - 35 x 15 heated pool, tiki bar, fire pit, volleyball, hot tub, theater room, game room, ocean views and elevator. Last year this home grossed over $232,000 in rental income!
Last Agent to Sell the Property
Coldwell Banker Seaside Realty KH License #174853 Listed on: 04/10/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,488
Year Built
- Built in 2006
Lot Details
- 0.79 Acre Lot
- Sprinkler System
- Property is zoned SFO
HOA Fees
- $10 Monthly HOA Fees
Home Design
- Coastal Architecture
- Reverse Style Home
- Asphalt Shingled Roof
- Lap Siding
- Cement Board or Planked
Interior Spaces
- 5,116 Sq Ft Home
- Elevator
- Wet Bar
- Furnished
- Cathedral Ceiling
- Ceiling Fan
- Gas Fireplace
- Home Theater
- Game Room
- Ocean Views
Kitchen
- Oven or Range
- Microwave
- Second Refrigerator
- Freezer
- Ice Maker
- Second Dishwasher
- Granite Countertops
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 11 Bedrooms
- En-Suite Primary Bedroom
- Hydromassage or Jetted Bathtub
Laundry
- Dryer
- Washer
Pool
- Heated In Ground Pool
- Outdoor Pool
- Outdoor Shower
- Spa
Outdoor Features
- Covered Deck
- Tiki or Chickee Hut
Utilities
- Zoned Heating and Cooling
- Heat Pump System
- Municipal Utilities District Water
- Private or Community Septic Tank
Listing and Financial Details
- Tax Lot 9
Community Details
Overview
- Margie Gaitens Association
- Ocean Sands Subdivision
Recreation
- Community Beach Access
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 10, 2022
Closed on
May 17, 2022
Sold by
Vaughan Gary W
Bought by
Chippewa Investments Llc
Seller's Agent
Beth Dobney Garcia
Coldwell Banker Seaside Realty KH
Buyer's Agent
Cameron Griggs
Coldwell Banker Seaside Realty KH
List Price
$2,200,000
Sold Price
$2,100,000
Premium/Discount to List
-$100,000
-4.55%
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
-$296,243
Avg. Annual Appreciation
-4.16%
Original Mortgage
$1,100,000
Outstanding Balance
$1,042,453
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$761,304
Purchase Details
Listed on
Jun 9, 2016
Closed on
Aug 12, 2016
Sold by
Lanham Scott and Lanham Sherri
Bought by
Vaughan Gary W
Seller's Agent
Sarah Spencer
Keller Williams - Outer Banks
Buyer's Agent
Beth Dobney Garcia
Coldwell Banker Seaside Realty KH
List Price
$1,399,000
Sold Price
$1,380,000
Premium/Discount to List
-$19,000
-1.36%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.52%
Original Mortgage
$417,000
Interest Rate
3.48%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 25, 2005
Sold by
Cormicle C Clay and Cormicle Zachary C
Bought by
Cormicle C Clay and Cormicle Cachary C
Purchase Details
Closed on
May 3, 2005
Sold by
Cormicle C Clay
Bought by
Cormicle C Clay and Cormicle Zachary C
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 |
|---|---|---|---|
| Chippewa Investments Llc | $1,050,000 | Evans & Meads Pllc | |
| Vaughan Gary W | $1,380,000 | Attorney | |
| Cormicle C Clay | -- | None Available | |
| Cormicle C Clay | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Chippewa Investments Llc | $1,100,000 | |
| Previous Owner | Vaughan Gary W | $417,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/27/2022 05/27/22 | Sold | $2,100,000 | -4.5% | $410 / Sq Ft | |
| 04/11/2022 04/11/22 | Pending | -- | -- | -- | |
| 04/10/2022 04/10/22 | For Sale | $2,200,000 | +59.4% | $430 / Sq Ft | |
| 08/14/2016 08/14/16 | Sold | $1,380,000 | -1.4% | $270 / Sq Ft | View Prior Sale |
| 06/14/2016 06/14/16 | Pending | -- | -- | -- | |
| 06/09/2016 06/09/16 | For Sale | $1,399,000 | +36.5% | $273 / Sq Ft | |
| 05/07/2012 05/07/12 | Sold | $1,025,000 | +13.9% | $200 / Sq Ft | View Prior Sale |
| 01/14/2012 01/14/12 | Pending | -- | -- | -- | |
| 01/11/2012 01/11/12 | For Sale | $900,000 | -- | $176 / 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 | $7,413 | $953,300 | $220,000 | $733,300 |
| 2024 | $7,413 | $953,300 | $220,000 | $733,300 |
| 2023 | $7,397 | $953,300 | $220,000 | $733,300 |
| 2022 | $5,504 | $953,300 | $220,000 | $733,300 |
| 2021 | $5,489 | $803,700 | $200,000 | $603,700 |
| 2020 | $4,706 | $803,700 | $200,000 | $603,700 |
| 2019 | $4,690 | $803,700 | $200,000 | $603,700 |
| 2018 | $4,690 | $803,700 | $200,000 | $603,700 |
| 2017 | $4,267 | $803,700 | $200,000 | $603,700 |
| 2016 | $4,267 | $803,700 | $200,000 | $603,700 |
| 2015 | -- | $803,700 | $200,000 | $603,700 |
Source: Public Records
Agents Affiliated with this Home
-
Beth Dobney Garcia
-
Zachary Garcia
Z
Seller Co-Listing Agent in 2022
Zachary Garcia
Coldwell Banker Seaside Realty KH
(252) 207-7702
10 in this area
59 Total Sales
-
Cameron Griggs
Buyer's Agent in 2022
Cameron Griggs
Coldwell Banker Seaside Realty KH
(919) 390-4537
8 in this area
105 Total Sales
-
Sarah Spencer
Seller's Agent in 2016
Sarah Spencer
Keller Williams - Outer Banks
(252) 202-3357
95 in this area
297 Total Sales
-
Mark Lupean
M
Seller's Agent in 2012
Mark Lupean
Brindley Beach Vacations & Sales - KH
(252) 619-0451
6 in this area
13 Total Sales
-
Adam Burkhimer
Seller Co-Listing Agent in 2012
Adam Burkhimer
SERHANT North Carolina LLC
(866) 340-1166
2 in this area
20 Total Sales
Map
Source: Outer Banks Association of REALTORS®
MLS Number: 118398
APN: 126A-000-0009-000A
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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.
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