NOT LISTED FOR SALE

535 Breakers Arch Corolla, NC 27927

Estimated Value: $1,608,000 - $2,240,000

8 Beds
7.5 Baths
4,569 Sq Ft
$426/Sq Ft Est. Value

Last Sold December 03, 2021

Last sale price $1,375,000 $301 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $10,805/month

8 Days on Market

Highlights

  • Community Beach Access
  • Cathedral Ceiling
  • Game Room
  • Outdoor Pool
  • Furnished
  • Wet Bar

About This Home

As of December 2021

Pleasure Island is exactly that! Located in the highly sought after neighborhood of Ocean Sands South, you and your guests will love the large lots and quiet beaches! Just 3 houses away from the beach access, this is truly the perfect home for you and your family. NEW ROOF IN 2020! 8 bedrooms, 7.5 bathrooms, 2 top floor masters, large ships watch with ocean views, 6 bedrooms on the mid-level including 2 masters, a lower level which is THE place for recreation - a second large living area and rec room complete with a pool table, ping pong table, kitchenette and full bath! Head outside to the spacious pool area with plenty of seating and a hot tub. The home sits on a 20,000 sq ft lot with a large carport and driveway - plenty of space for parking and an ideal place for the kids to ride their bikes and skateboards! The Corolla Bike Path runs by the entrance to the neighborhood which stretches from Duck to Corolla - the best place for long bike rides or early morning runs. Both Duck and Corolla are minutes away for endless shopping, dining and entertainment. Obviously a favorite of its guests, with a RENTAL INCOME OF $125K!

Last Agent to Sell the Property

Randy Jones

EXP Realty, LLC - Coastal License #187811 Listed on: 09/24/2021

EXP Realty, LLC - Coastal

Co-Listed By

Lynn Sherman

EXP Realty, LLC - Coastal License #183247

Last Buyer's Agent

Ray Meiggs

Twiddy and Co. - Duck License #290422

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,441

Year Built

  • Built in 1998

Lot Details

  • 0.46

HOA Fees

  • $10 Monthly HOA Fees

Home Design

  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Vinyl Construction Material

Interior Spaces

  • 4,569 Sq Ft Home
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Game Room

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Pool

  • Outdoor Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Patio
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Tax Lot 44

Community Details

Overview

  • Association fees include walkways
  • Ocean Sand South Poa
  • Ocean Sands Subdivision

Recreation

  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,441

Year Built

Built in 1998

Lot Details

0

HOA Fees

$10 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Extras: Ceiling Fan(s), Covered Decks, Hot Tub, Outside Lighting, Outside Shower, Patio, Sun Deck
  • Flood Zone: X
  • Headline: Here today...Gone tomorrow
  • Heated Sq Ft: 4569
  • L V T Date: 09/24/2021
  • Roads: Paved
  • Sale/Rent: For Sale
  • Section: A
  • Waterfront Location: 2 - lots from oceanfront (3rd row
  • Zoning: R
  • Advertised Income 2020: 124575
  • Advertised Income 2021: 125825
  • Advertised Income 2022: 89525
  • Deed Book Pg Number: 71
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Major Subdivision: Ocean Sands
  • Newpoint Media: Yes
  • Office License Number: C32879
  • 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: 8
  • Floor Coverings: Carpet, Tile
  • Foundation: Piling
  • Full Bathrooms: 7
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Gas Fireplace, Ensuite, Washer Connection, Wet Bar
  • Optional Rooms: Game Room, Shipswatch
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Vinyl
  • Pool: Yes
  • Pool: Private
  • Pool Type: Private Pool
  • Roof: Asphalt/Fiber Shingle

Garage/Parking

  • Garage: Carport

Utilities

  • Cooling: Heat Pump
  • Heating: Heat Pump
  • 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: 125
  • Hoa Contact: Ocean Sand South POA
  • HOA Contact: http://osspoa.org/contact

Lot Info

  • Lot Number: Lot 44
  • Deed Book: 412

Rental Info

  • Est Annual Rental Income: 125825
  • Estimated Rental Performance: 0.0915
  • Lease Terms: Weekly
  • Rental Co: Twiddy and Company
  • Rental Cottage Name: Pleasure Island
  • Rental Cottage Number: G108
  • Rental Phone Number: 457-1100
  • Rental Turnover Day: Sunday
  • Rental Contact Name: Jen Kavanaugh
  • Rental Contact Phone: 457-1100

Building Info

  • Year Built: 1998

Tax Info

  • Year: 2020
  • Taxes: 4441

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 3, 2025
Sold by
Jdobx Llc
Bought by
535 Breakers Arch Llc
Current Estimated Value
$1,944,810

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Outstanding Balance
$2,000,000
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
-$55,190

Purchase Details

Closed on
May 24, 2021
Sold by
Bakka Franklin M and Bircsak Lynn M
Bought by
Jdobx Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$962,500
Interest Rate
2.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 15, 1997
Bought by
Bakka Franklin M and Bircsak Lynn M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
535 Breakers Arch Llc $2,000,000 None Listed On Document
Jdobx Llc $1,375,000 None Available
Bakka Franklin M $108,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 535 Breakers Arch Llc $2,000,000
Previous Owner Jdobx Llc $962,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/03/2021 12/03/21 Sold $1,375,000 -3.5% $301 / Sq Ft
10/02/2021 10/02/21 Pending -- -- --
09/24/2021 09/24/21 For Sale $1,425,000 -- $312 / 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 $7,265 $934,500 $310,000 $624,500
2024 $7,265 $934,500 $310,000 $624,500
2023 $7,249 $907,200 $310,000 $597,200
2022 $5,012 $869,200 $310,000 $559,200
2021 $4,997 $765,000 $325,000 $440,000
2020 $4,441 $765,000 $325,000 $440,000
2019 $4,441 $765,000 $325,000 $440,000
2018 $4,441 $765,000 $325,000 $440,000
2017 $4,028 $765,000 $325,000 $440,000
2016 $4,028 $765,000 $325,000 $440,000
2015 $4,028 $765,000 $325,000 $440,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Outer Banks Association of REALTORS®

MLS Number: 116242

Outer Banks Association of REALTORS®

APN: 126A-000-0044-000A