NOT LISTED FOR SALE

516 Conch Crescent Corolla, NC 27927

Estimated Value: $788,000 - $1,919,000

5 Beds
4.5 Baths
2,200 Sq Ft
$504/Sq Ft Est. Value

Last Sold February 11, 2021

Last sale price $545,000 $248 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $6,142/month

52 Days on Market

Highlights

  • Ocean View
  • Coastal Architecture
  • Furnished
  • Beach Access
  • Cathedral Ceiling
  • Cul-De-Sac

About This Home

As of February 2021

Great Location & Attractive Home Design makes this Five Bedroom, 4.5 Baths Beach Home a "Preferred Choice". With an easy Stroll to the Beach Access of 600', you can be at the Beach in Two Minutes ! Wide Beautiful Beach of Corolla with the least amount of people on the Beach. Spacious Community Courtside Setting, as all the Lots in Ocean Sands South are 20,000 +- Sq Ft. Top Level: Ocean View; Great Room Kitchen, Dining, & Living Areas; Guest Half Bath; ample Decks and Screen Porch too. Mid Level with Four Bedrooms w Three Baths, and more Decks. Lower Level with Fifth Bedroom & Bath, which offers additional privacy. With the Courtside Setting this also has minimal street traffic. So relaxing to be this Close to the Splashing Surf. Lot Size provides potential for Expansion and an addition of a Private Pool / Consult w NC Licensed OBX Building Contractor for various options. See more Pictures on Sun Realty Rental Website: SunRealtyNC.com #64-B.

Last Agent to Sell the Property

Paul Sabadash

Sun Realty - Corolla License #119788 Listed on: 11/06/2020

Last Buyer's Agent

Stephanie Doshier

The Doshier Team OBX Realty License #188904

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,522

Year Built

  • Built in 1996

Lot Details

  • 0.46

HOA Fees

  • $13 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 2,200 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Ocean Views
  • Washer

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms

Parking

  • Paved Parking
  • Off-Street Parking

Utilities

  • Heat Pump System
  • Municipal Utilities District Water
  • Private or Community Septic Tank

Additional Features

  • Beach Access
  • Cul-De-Sac

Listing and Financial Details

  • Tax Lot B-76

Community Details

Overview

  • Voluntary Association
  • Ocean Sands Subdivision

Recreation

  • Community Boardwalk

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,522

Year Built

Built in 1996

Lot Details

0

HOA Fees

$13 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Directions: Once in Ocean Sands Section "B" ( as in Best ), Turn Right on Conch Crescent, 516 is on Right as the second House.
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Dry Entry
  • Flood Zone: X
  • Subdivision Name: Ocean Sands South / Ocean Sands Sections A,B,C.
  • Heated Sq Ft: 2200
  • L V T Date: 11/06/2020
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: B
  • Unheated Lvarsf: 24
  • Zoning: RES
  • Deed Book Pg Number: 169
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Major Subdivision: Ocean Sands
  • Newpoint Media: Yes
  • Office License Number: C3211
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 5
  • Countertops: Laminate
  • Floor Coverings: Carpet, Vinyl
  • Foundation: Piling
  • Full Bathrooms: 4
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Dryer Connection, Washer Connection
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Lap Siding, Wood
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Parking: Paved, Off Street

Utilities

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

Condo/Co-op/Association

  • Association Fee: Voluntary - Restrictive Covenants May Apply
  • Estimated Annual Fee: 150
  • Hoa Contact: Voluntary
  • HOA Contact: Voluntary

Lot Info

  • Lot Description: Cul-de-sac
  • Lot Size: 20,000 Sq Ft +
  • Lot Number: Lot B-76
  • Deed Book: 375

Rental Info

  • Lease Terms: Weekly
  • Rental Co: Sun Realty
  • Rental Cottage Name: Lucky Dip
  • Rental Cottage Number: 64-B
  • Rental Phone Number: 252-453-8822
  • Rental Turnover Day: SAT
  • Rental Contact Name: Sun Realty Corolla Office.
  • Rental Contact Phone: 252-453-8822

Building Info

  • Year Built: 1996

Tax Info

  • Year: 2020
  • Taxes: 2522

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2020
Closed on
Feb 11, 2021
Sold by
Boyd Stephen and Boyd Kimberly D
Bought by
Reid Todd C and Reid Lynn M
Seller's Agent
Paul Sabadash
Sun Realty - Corolla
Buyer's Agent
Stephanie Doshier
The Doshier Team OBX Realty
List Price
$599,000
Sold Price
$545,000
Premium/Discount to List
-$54,000
-9.02%
Current Estimated Value
$1,107,741

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$562,741
Avg. Annual Appreciation
15.75%
Original Mortgage
$436,000
Outstanding Balance
$387,471
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$720,270

Purchase Details

Closed on
Aug 22, 2007
Sold by
Connors Scott A
Bought by
Boyd Stephen and Boyd Kimberly D
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
Reid Todd C $545,000 None Available
Boyd Stephen $432,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reid Todd C $436,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/11/2021 02/11/21 Sold $545,000 -0.9% $248 / Sq Ft
12/28/2020 12/28/20 Pending -- -- --
12/21/2020 12/21/20 Price Changed $550,000 -8.2% $250 / Sq Ft
11/06/2020 11/06/20 For Sale $599,000 -- $272 / 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 $3,897 $473,700 $220,000 $253,700
2024 $3,897 $473,700 $220,000 $253,700
2023 $3,881 $473,700 $220,000 $253,700
2022 $2,917 $473,700 $220,000 $253,700
2021 $2,902 $414,100 $200,000 $214,100
2020 $2,521 $414,100 $200,000 $214,100
2019 $2,521 $414,100 $200,000 $214,100
2018 $0 $414,100 $200,000 $214,100
2017 $2,289 $414,100 $200,000 $214,100
2016 $2,289 $414,100 $200,000 $214,100
2015 -- $414,100 $200,000 $214,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 111770

Outer Banks Association of REALTORS®

APN: 126A-000-0076-000B