NOT LISTED FOR SALE

533 Breakers Arch Corolla, NC 27927

Estimated Value: $1,339,738 - $1,693,000

8 Beds
8.5 Baths
4,153 Sq Ft
$354/Sq Ft Est. Value

Last Sold May 14, 2020

Last sale price $815,000 $196 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $8,264/month

15 Days on Market

Highlights

  • Community Beach Access
  • In Ground Pool
  • Coastal Architecture
  • Ocean View
  • Second Refrigerator
  • Cathedral Ceiling

About This Home

As of May 2020

HIGHLY desirable and very limited Ocean Sands SOUTH. "Oceans Ten" is only 250 feet from the beach access. These beaches offer some of the lowest density population on the Outer Banks with extremely large lots, open space and ZERO public parking. Rental Projection on file for 110k of advertised income with a full open rental season. Located on a Cul De Sac by the ocean, the traffic is so minimal it's almost non-existent. "Oceans Ten" has been extremely well maintained in addition to being constructed with the perfect floor plan for all guests to enjoy the beauty of the Corolla. This 8 bedroom, 8 bathroom home is just steps from the beach and complete with and an open pool entertainment area, game room and a third additional living area/den. Only minutes away from shopping, grocery stores and daily conveniences makes this community and home the perfect location in all of Corolla.

Last Agent to Sell the Property

Tim Lancsek

Surfside Realty License #210399 Listed on: 03/14/2020

Surfside Realty

Last Buyer's Agent

Brad Beacham

Landmark Sotheby's Internation License #194377

Landmark Sotheby's Internation

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,113

Year Built

  • Built in 2001

Lot Details

  • 0.46 Acre Lot
  • Cul-De-Sac
  • Landscaped
  • Level Lot

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • Paved Parking

Home Design

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

Interior Spaces

  • 4,153 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Entrance Foyer
  • Game Room
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Fiberglass Pool
  • Outdoor Pool
  • Spa

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 45

Community Details

Overview

  • Ocean Sands Subdivision

Recreation

  • Community Boardwalk
  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,113

Year Built

Built in 2001

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Hot Tub, Landscaped, Smoke Detector(s)
  • Flood Zone: X
  • Headline: OCEAN SANDS "SOUTH"
  • Heated Sq Ft: 4153
  • L V T Date: 03/14/2020
  • Roads: Paved
  • Sale/Rent: For Sale
  • Section: A
  • Waterfront Location: 3 - lots from oceanfront (4th row)
  • Zoning: residentia
  • Deed Book Pg Number: 3
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Major Subdivision: Ocean Sands
  • Newpoint Media: Yes
  • Office License Number: C21933
  • 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 w/Ice Maker, Washer, 2nd Dishwasher, 2nd Refrigerator
  • Bedrooms: 8
  • Countertops: Laminate, Solid Surface
  • Floor Coverings: Carpet, Tile
  • Foundation: Piling, Slab
  • Full Bathrooms: 8
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Pantry, Washer Connection
  • Living Room: 12x16, On Level: 3
  • Optional Rooms: Foyer, Game Room, Pantry
  • Partial Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Parking: Paved

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Ocean Access, Board Walk
  • Estimated Annual Fee: 100

Lot Info

  • Estimated Lot Sq Ft: 20060
  • Lot Description: Cul-de-sac, Level
  • Lot Number: Lot 45
  • Estimated Lot Size: 0.46
  • Deed Book: 1021

Rental Info

  • Est Annual Rental Income: 110355
  • Estimated Rental Performance: 0.1354
  • Lease Terms: Weekly
  • Rental Co: Outer Banks Blue
  • Rental Cottage Name: Oceans 10
  • Rental Cottage Number: OSA1
  • Rental Turnover Day: Saturday

Building Info

  • Year Built: 2001

Tax Info

  • Year: 2019
  • Taxes: 4113

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 18, 2021
Sold by
Juhring Kevin
Bought by
Chippea Invetments Llc
Current Estimated Value
$1,472,185

Purchase Details

Listed on
Mar 14, 2020
Closed on
May 12, 2020
Sold by
Rauf Robert C and Rauf Lisa B
Bought by
Juhring Kevin
Seller's Agent
Tim Lancsek
Surfside Realty
Buyer's Agent
Brad Beacham
Landmark Sotheby's Internation
List Price
$849,000
Sold Price
$815,000
Premium/Discount to List
-$34,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.10%
Original Mortgage
$652,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 21, 2007
Sold by
Winn Edgar H and Winn Brett V
Bought by
Rauf Robert C and Rauf Lisa B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$852,000
Interest Rate
6.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Chippea Invetments Llc -- None Available
Juhring Kevin $815,000 None Available
Rauf Robert C $1,090,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Juhring Kevin $652,000
Previous Owner Rauf Robert C $852,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/14/2020 05/14/20 Sold $815,000 -4.0% $196 / Sq Ft
03/29/2020 03/29/20 Pending -- -- --
03/14/2020 03/14/20 For Sale $849,000 -- $204 / 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 $6,512 $834,100 $290,000 $544,100
2024 $6,359 $815,400 $290,000 $525,400
2023 $5,669 $815,400 $290,000 $525,400
2022 $4,729 $815,400 $290,000 $525,400
2021 $4,714 $704,200 $285,000 $419,200
2020 $3,380 $704,200 $285,000 $419,200
2019 $4,113 $704,200 $285,000 $419,200
2018 $4,113 $704,200 $285,000 $419,200
2017 $3,731 $704,200 $285,000 $419,200
2016 $3,731 $704,200 $285,000 $419,200
2015 $3,731 $704,200 $285,000 $419,200
Source: Public Records

Agents Affiliated with this Home

  • Tim Lancsek

    Seller's Agent in 2020

    Tim Lancsek

    RE/MAX

    (252) 619-6089

    48 in this area

    129 Total Sales

    Tim Lancsek
    Section Image
  • Brad Beacham

    Buyer's Agent in 2020

    Brad Beacham

    Landmark Sotheby's Internation

    (252) 202-6920

    9 in this area

    180 Total Sales

    Brad Beacham
    Section Image
  • Cameron Griggs

    Buyer Co-Listing Agent in 2020

    Cameron Griggs

    Coldwell Banker Seaside Realty KH

    (919) 390-4537

    8 in this area

    105 Total Sales

    Cameron Griggs
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 108746

Outer Banks Association of REALTORS®

APN: 126A-000-0045-000A

North Carolina Currituck County Corolla 27927

533 Breakers Arch, Corolla, NC

Not Listed for Sale

Detached

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