NOT LISTED FOR SALE

532 Sandbucket Arch Corolla, NC 27927

Estimated Value: $1,436,669 - $1,802,000

8 Beds
9 Baths
4,053 Sq Ft
$391/Sq Ft Est. Value

Last Sold August 08, 2012

Last sale price $980,000 $242 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $8,941/month

81 Days on Market

Highlights

  • Community Beach Access
  • Spa
  • Coastal Architecture
  • Ocean Front
  • Second Refrigerator
  • Cathedral Ceiling

About This Home

As of August 2012

Beautiful home and one of the Lowest priced eight bedroom semi-oceanfront in Corolla!...No roads to cross and 100 feet to beach access!...Quiet beach!...Beautiful ocean views!...Completed quality re-model/additions from Jones Construction...Effectively a 7 year old home!...Open living area with hardwood floors & windows galore!...Pearl white granite countertops! Double appliances...refrigerators, wall ovens. dishwashers, and washer/dryer!...Separate ice maker! Concrete pool with large deck area! Six master suites! $100,000 annual income the past two years...9 - 10% gross return.

Last Agent to Sell the Property

Daniel Fenyak

Outer Banks Blue Realty Srvcs. License #103918 Listed on: 04/23/2012

Last Buyer's Agent

Martha Springer

Twiddy and Company - Corolla License #135162

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,302

Year Built

  • Built in 2005

Lot Details

  • Ocean Front
  • Property fronts a private road
  • Cul-De-Sac
  • Level Lot

Parking

  • Paved Parking

Home Design

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

Interior Spaces

  • 4,053 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Dining Room
  • Ocean Views

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Pool

  • Spa
  • Outdoor Pool
  • Outdoor Shower

Outdoor Features

  • Sun Deck

Utilities

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

Listing and Financial Details

  • Tax Lot 173

Community Details

Overview

  • Built by Jones Realty & Contruction
  • Ocean Sands Subdivision

Recreation

  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,302

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary, Reverse Floor Plan, Coastal
  • Extras: Ceiling Fan(s), Hot Tub, Jet Tub, Outside Shower, Sun Deck
  • Headline: Semi OF Short Sale
  • Heated Sq Ft: 4053
  • Potential Short Sale: Yes
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Section: C
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: Res
  • Deed Book Pg Number: 74
  • 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 Dishwasher, 2nd Refrigerator
  • Bedrooms: 8
  • Kitchen: Granite, On Level: 3
  • Floor Coverings: Carpet, Ceramic Tile, Wood
  • Foundation: Piling
  • Full Bathrooms: 7
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ensuite
  • Dining Room: On Level: 3
  • Game Room: Pool Table, On Level: Ground
  • Living Room: Ocean View, On Level: 3
  • Partial Bathrooms: 2

Exterior Features

  • Homebuilder: Jones Realty & Contruction
  • Construction: Frame, Wood
  • Exterior: Lap Siding
  • Pool: Yes
  • Pool Type: Outdoor
  • Roof: Asphalt/Fiber Shingle
  • Sun Deck Size: Large
  • View: Ocean

Garage/Parking

  • Parking: Paved

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Ocean Access
  • Home Owner Dwelling Insurance: 4892

Lot Info

  • Lot Description: Cul-de-sac, Level
  • Lot Number: Lot 173
  • Deed Book: 1006

Rental Info

  • Est Annual Rental Income: 97875
  • Estimated Rental Performance: 0.0999
  • Flood Expenses: 405
  • Lease Terms: Weekly
  • Rental Co: Twiddy and Company
  • Rental Cottage Name: Carpe Diem
  • Rental Cottage Number: G332
  • Rental Phone Number: 457.1100
  • Rental Turnover Day: Saturday

Building Info

  • Year Built: 2005

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2011
  • Taxes: 4302

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2012
Closed on
Aug 7, 2012
Sold by
Joens Jo Anne P
Bought by
Frazier Natalie Corsello and Frazier William C
Seller's Agent
Daniel Fenyak
Outer Banks Blue Realty Srvcs.
Buyer's Agent
Martha Springer
Twiddy and Company - Corolla
List Price
$1,075,000
Sold Price
$980,000
Premium/Discount to List
-$95,000
-8.84%
Current Estimated Value
$1,583,917

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$603,917
Avg. Annual Appreciation
3.71%
Original Mortgage
$735,000
Outstanding Balance
$506,292
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$1,077,625

Purchase Details

Closed on
May 4, 2007
Sold by
Waters Edge Development Llc
Bought by
Jones Luther Clarke and Jones Jo Anne P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Frazier Natalie Corsello $980,000 None Available
Jones Luther Clarke -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frazier Natalie Corsello $735,000
Previous Owner Jones Luther Clarke $190,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/08/2012 08/08/12 Sold $980,000 -8.8% $242 / Sq Ft
07/13/2012 07/13/12 Pending -- -- --
04/23/2012 04/23/12 For Sale $1,075,000 -- $265 / 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 $6,528 $841,600 $400,000 $441,600
2023 $6,528 $841,600 $400,000 $441,600
2022 $4,841 $841,600 $400,000 $441,600
2021 $4,826 $808,500 $420,000 $388,500
2020 $4,668 $808,500 $420,000 $388,500
2019 $4,658 $808,500 $420,000 $388,500
2018 $4,658 $808,500 $420,000 $388,500
2017 $4,224 $808,500 $420,000 $388,500
2016 $4,224 $808,500 $420,000 $388,500
2015 -- $808,500 $420,000 $388,500
Source: Public Records

Agents Affiliated with this Home

  • Daniel Fenyak

    Seller's Agent in 2012

    Daniel Fenyak

    Outer Banks Blue Realty Srvcs.

    (252) 256-1818

    13 in this area

    105 Total Sales

    Daniel Fenyak
    Section Image
  • Martha Springer

    Buyer's Agent in 2012

    Martha Springer

    Twiddy and Company - Corolla

    (252) 982-6045

    95 in this area

    129 Total Sales

    Martha Springer
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 74606

Outer Banks Association of REALTORS®

APN: 126A-000-0173-000C

North Carolina Currituck County Corolla 27927

532 Sandbucket Arch, Corolla, NC

This home is located at 532 Sandbucket Arch, Corolla, NC 27927 since 23 April 2012 and is currently estimated at $1,583,917, approximately $390 per square foot. This property was built in 2005. 532 Sandbucket Arch is a home located in Currituck County with nearby schools including Knotts Island Elementary School, Currituck County Middle School, and Currituck County High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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