NOT LISTED FOR SALE

531 Conch Course Corolla, NC 27927

Estimated Value: $1,193,000 - $1,262,000

6 Beds
5.5 Baths
3,480 Sq Ft
$353/Sq Ft Est. Value

Last Sold January 13, 2023

Last sale price $1,100,000 $316 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $6,981/month

61 Days on Market

Highlights

  • Community Beach Access
  • Outdoor Pool
  • Cathedral Ceiling
  • Ocean View
  • Coastal Architecture
  • Furnished

About This Home

As of January 2023

This 6 bedroom (4 are en-suites, sleeps 20) 5.5 bath coastal retreat is on a large homesite in the sought after section of Ocean Sands South! Located just 4 lots from the ocean on a private Cul De Sac; with an effortless walk to the direct beach access! Ocean Sands South is one of the most desired locations in all of Corolla with the less crowded beaches, no through traffic, no roads to cross to the ocean and the expansive homesites. This reverse floor plan sits in an X Flood Zone with no flood insurance required. The top floor offers a massive great room, freshly renovated kitchen, large dining area, a screen porch, a huge wrap around sun deck, and an EnSuite Bedroom with a private bath. The chef's kitchen boasts gleaming quartz countertops, brand new stainless steel appliances, and ceramic tile floors. Enjoy watching the kids play in the pool from the sun deck, or observe the famous outer banks sunset from the screen porch. The mid-level features, a gathering area, laundry, 4 more bedrooms, 2 of which share a Jack and Jill Bath, and 1 is a primary bedroom with a private bath. All 6 bedrooms have a private access to a deck. The ground level includes; a game room with a kitchenette, a gigantic bedroom, and a shared full bath. The sellers do not maximize rentals, but are generating $80k Y.T.D. Recent Upgrades Per Seller- include-New Fortified Roof April 2021, Winter/Spring 2022- New Tile Floors in Bathroom and Kitchen, New Carpet on Stairways, New Gas Grill, All New Mattresses, Additional 10 Cubic Refrigerator and new sleep sofa in Game Room, Some New Windows, and New HVAC for lower level. For aerial drone video copy and paste the following link: https://youtu.be/aF3A_rj0oKw ; For 3D Virtual Tour copy and paste the following link: https://unbranded.youriguide.com/531_conch_crescent_corolla_nc/

Last Agent to Sell the Property

Heather VanderMyde

Coldwell Banker Seaside Realty - KDH License #207518 Listed on: 10/05/2022

Coldwell Banker Seaside Realty - KDH

Last Buyer's Agent

Patricia Lusk

Century 21 Nachman Realty License #273387

Century 21 Nachman Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,934

Year Built

  • Built in 1997

Lot Details

  • 0.43 Acre Lot
  • Cul-De-Sac
  • Level Lot
  • Property is zoned SFO

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • Paved Parking

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 3,480 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Game Room
  • Screened Porch
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Outdoor Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Exterior Lighting
  • Storage Shed

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District Water
  • Fuel Tank
  • Private or Community Septic Tank

Listing and Financial Details

  • Tax Lot #114

Community Details

Overview

  • Association fees include walkways
  • Ocean Sands Subdivision

Recreation

  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,934

Year Built

Built in 1997

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary, Coastal
  • Extras: Beach Access, Ceiling Fan(s), Covered Decks, Hot Tub, Outside Lighting, Outside Shower, Screened Porch, Smoke Detector(s), Storage Shed, Sun Deck, Inside Laundry Room
  • Flood Zone: X
  • Headline: Seller Says Bring Offers!
  • Heated Sq Ft: 3480
  • L V T Date: 10/05/2022
  • Roads: Paved
  • Sale/Rent: For Sale
  • Section: B
  • Waterfront Location: 4 - lots from oceanfront (5th row)
  • Zoning: SFO
  • Advertised Income 2020: 66742
  • Advertised Income 2021: 76134
  • Advertised Income 2022: 80870
  • Deed Book Pg Number: 390
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Major Subdivision: Ocean Sands
  • Newpoint Media: Yes
  • Office License Number: C7166
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 6
  • Countertops: Granite
  • Electronic Locks: Leased
  • Floor Coverings: Carpet, Ceramic Tile, Wood Laminate
  • Foundation: Piling
  • Full Bathrooms: 5
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ensuite, Washer Connection
  • Optional Rooms: Game Room
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Garage: Carport
  • Parking: Paved

Utilities

  • Cooling: Central, Heat Pump
  • Heating: Central, Heat Pump
  • Fuel Tanks: Owned
  • Sewer/Septic System: Private Septic
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Walkways
  • Association Amenities: Ocean Access
  • Association Fee: Voluntary - Restrictive Covenants May Apply
  • Estimated Annual Fee: 300

Lot Info

  • Estimated Lot Sq Ft: 18700
  • Lot Description: Cul-de-sac, Level
  • Lot Number: Lot #114
  • Estimated Lot Size: 0.43
  • Deed Book: 413

Rental Info

  • Est Annual Rental Income: 96875
  • Estimated Rental Performance: 0.0881
  • Lease Terms: Weekly
  • Rental Co: Southern Shores Realty
  • Rental Cottage Name: Just Peachy
  • Rental Cottage Number: 0969
  • Rental Phone Number: (800) 334-1000
  • Rental Turnover Day: Sun
  • Rental Contact Email: pfchappelle@southernshores.com
  • Rental Contact Name: Patrina Chappel
  • Rental Contact Phone: (800) 334-1000

Building Info

  • Year Built: 1997

Tax Info

  • Year: 2022
  • Taxes: 3934

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2022
Closed on
Jan 13, 2023
Sold by
Joseph Charlesworth Cl and Joseph Linda C
Bought by
Esposito David J
Seller's Agent
Heather VanderMyde
Coldwell Banker Seaside Realty - KDH
Buyer's Agent
Patricia Lusk
Century 21 Nachman Realty
List Price
$1,299,900
Sold Price
$1,100,000
Premium/Discount to List
-$199,900
-15.38%
Current Estimated Value
$1,228,034

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,034
Avg. Annual Appreciation
4.07%
Original Mortgage
$990,000
Outstanding Balance
$958,764
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$269,270

Purchase Details

Closed on
Oct 9, 1997
Bought by
Joseph Charlesworth C L and Joseph Linda C
Source: Public Records

Range of Values:

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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
Esposito David J $6,600,000 --
Joseph Charlesworth C L $77,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Esposito David J $990,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/13/2023 01/13/23 Sold $1,100,000 -15.4% $316 / Sq Ft
12/05/2022 12/05/22 Pending -- -- --
11/15/2022 11/15/22 For Sale $1,299,900 0.0% $374 / Sq Ft
10/16/2022 10/16/22 Pending -- -- --
10/05/2022 10/05/22 For Sale $1,299,900 -- $374 / 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
2024 $5,270 $663,200 $250,000 $413,200
2023 $5,254 $663,200 $250,000 $413,200
2022 $3,934 $663,200 $250,000 $413,200
2021 $3,919 $588,900 $240,000 $348,900
2020 $3,493 $588,900 $240,000 $348,900
2019 $3,484 $588,900 $240,000 $348,900
2018 $3,484 $588,900 $240,000 $348,900
2017 $3,169 $588,900 $240,000 $348,900
2016 $3,169 $588,900 $240,000 $348,900
2015 $3,160 $588,900 $240,000 $348,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 120504

Outer Banks Association of REALTORS®

APN: 126A-000-0114-000B