$615,000
SOLD MAY 8, 2019
5 Beds
6 Baths
2,134 Sq Ft
0.5 Acres

Recently Sold

$288 Per Sq Ft

4% Below List Price

68 Days on Market

Highlights

  • Ocean Front
  • Second Refrigerator
  • Solid Surface Countertops
  • In Ground Pool
  • Furnished
  • Beamed Ceilings

About This Home

As of January 2021

A true rare find! The location and income are second to none. You rarely find semi oceanfront lot (20,000 s/f) on a cul de sac where there's no road to cross. The homeowners call this semi-oceanfront PLUS. With the larger homesite and proximity to the ocean the views are tremendous. Ocean Sands South is one of the most desired locations in all of Corolla because of the privacy, low traffic, and larger lots. Just steps from the private beach access with one of the best widest beaches in all of Corolla. This 5 bedroom 4 bath home exudes character with the beamed ceilings, updated kitchen and wall of windows. Home is in pristine condition and meticulously maintained. You would never know it's a true rental machine consistently getting over $60,000 a year with $47,835 on the books for 2019 (as of 9/20/2018) Top Level includes; Great room, upgraded kitchen with blue stone kitchen counters, beautiful light gray cabinets, mahogany multi use butcher block island, newer stainless steel appliances, large 12 ft deck, amazing views, half bath, and master suite with private bath. Mid- level includes; 2nd master suite, open den at entry, a family suite with 2 bedrooms that share a jack and jill bath. Large ocean side main entry covered porch, and full hall bath with beautiful custom tile shower and updated vanity. Ground Level: Private pool (15x33 sport pool with 3.5ft both ends with 6ft center), Propane tank/pool heater in place, convenient laundry room (880 square feet with extra refrigerator), dry entry, nice spacious 1/2 bath , and outdoor shower. This home is a must see! Smell the salt air, and hear the wave breaking from anywhere in the house. **********Highlights include: -- Half acre lot -- Blue Stone Kitchen counter tops -- 2 Refrigerators -- Half bath on ground level near pool -- Laundry room on ground level -- 2 zone HVAC -- 2 zone hot water heaters -- x-flood zone (bank should not require flood insurance) -- on cul-de-sac (no road between the house and the beach) -- 2 master bedrooms one on Kitchen level upper level -- Shared bath creating family suite -- Large 12 foot decks two levels -- Private Cozy decks off 2 bedrooms. Another unique features is the amount of unheated square feet on ground level a total of 256 square feet. 1. Laundry room (88 square feet), Outdoor 1/2 bath (68 square feet) and and mechanical room (120 square feet). 2. New roof November 2017, Upgraded Kitchen with new appliances, updated bath, new King mattress bed all done 2017. Brand New June 2018: upstairs air handler and outside air conditioner. ********Washer/dryer location can easily be changed if buyer wanted it inside. A stackable unit can go in linen closet on mid level. The home filled the entire summer of 2019 before Feb. 1. There's probably more room for higher income and renters love it********* For Aerial drone video cut and paste this link-https://www.youtube.com/watch?v=qD-dYKrT7UEr15 weeks with only 6 weeks in 2019.

Last Agent to Sell the Property

Heather VanderMyde

Coldwell Banker Seaside Realty - KDH License #207518 Listed on: 02/02/2019

Coldwell Banker Seaside Realty - KDH

Last Buyer's Agent

Trisha Midgett

Midgett Realty - Rodanthe License #162204

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,858

Year Built

  • Built in 1983

Lot Details

  • 0.5 Acre Lot
  • Ocean Front
  • Cul-De-Sac

HOA Fees

  • $10 Monthly HOA Fees

Parking

  • Paved Parking

Home Design

  • Reverse Style Home
  • Asphalt Shingled Roof
  • Wood Siding
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 2,134 Sq Ft Home
  • Furnished
  • Beamed Ceilings
  • Library
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Second Refrigerator
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Outdoor Pool
  • Spa

Utilities

  • Zoned Cooling
  • Heat Pump System
  • Well
  • Private or Community Septic Tank

Listing and Financial Details

  • Tax Lot #38

Community Details

Overview

  • Association fees include walkways
  • Ocean Sands Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,858

Year Built

Built in 1983

Lot Details

0

HOA Fees

$10 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: Head N on Rt. 12, turn right into Ocean Sands Sect A, Ocean Way, Left onto Breakers Arch, house on right at end of cul-de-sac.
  • Extras: Hot Tub
  • Flood Zone: X
  • Headline: Great Views and Income!
  • Heated Sq Ft: 2134
  • L V T Date: 02/02/2019
  • Roads: Paved
  • Sale/Rent: For Sale
  • Section: A
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: RES
  • Deed Book Pg Number: 887
  • 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, 2nd Refrigerator
  • Bedrooms: 5
  • Countertops: Solid Surface
  • Floor Coverings: Carpet, Ceramic Tile, Wood Laminate
  • Foundation: Piling
  • Full Bathrooms: 4
  • Furnishings Available: Yes
  • Interior Amenities: Beamed Ceiling(s)
  • Optional Rooms: Library/Study
  • Partial Bathrooms: 2

Exterior Features

  • Construction: Wood
  • Exterior: Wood, Cement Fiber Board
  • Pool: Yes
  • Pool: Private
  • Pool Type: In Ground, Public, Private Pool, Association Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Garage: Carport
  • Parking: Paved

Utilities

  • Cooling: Heat Pump, Zoned
  • Heating: Heat Pump
  • Sewer/Septic System: Private Septic
  • Water: Well

Condo/Co-op/Association

  • HOA Fee Includes: Walkways
  • Association Fee: Voluntary - Restrictive Covenants May Apply
  • Estimated Annual Fee: 125

Lot Info

  • Estimated Lot Sq Ft: 21590
  • Lot Description: Cul-de-sac
  • Lot Number: Lot #38
  • Estimated Lot Size: 0.50
  • Deed Book: 354

Rental Info

  • Est Annual Rental Income: 72805
  • Estimated Rental Performance: 0.1184
  • Rental Co: Sun Realty
  • Rental Cottage Name: Dolphin Dance
  • Rental Cottage Number: #85-A
  • Rental Turnover Day: Saturday

Building Info

  • Year Built: 1983

Tax Info

  • Year: 2018
  • Taxes: 3857.73

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2020
Closed on
Jan 12, 2021
Sold by
Ainsworth James C and Martin Andrew
Bought by
Ng Tsz W and Yan Wendy
Seller's Agent
Trisha Midgett
Midgett Realty - Rodanthe
Buyer's Agent
Holleay Parcker
Spinnaker Realty, LLC
List Price
$725,000
Sold Price
$718,000
Premium/Discount to List
-$7,000
-0.97%
Current Estimated Value
$1,097,844

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$379,844
Avg. Annual Appreciation
10.80%
Original Mortgage
$510,400
Outstanding Balance
$460,719
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$681,740

Purchase Details

Listed on
Feb 2, 2019
Closed on
May 7, 2019
Sold by
Baraw Kenneth D and Baraw Pauline
Bought by
Ainsworth James C and Martin Andrew
Seller's Agent
Heather VanderMyde
Coldwell Banker Seaside Realty - KDH
Buyer's Agent
Trisha Midgett
Midgett Realty - Rodanthe
List Price
$639,000
Sold Price
$615,000
Premium/Discount to List
-$24,000
-3.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.48%
Original Mortgage
$300,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 27, 1995
Bought by
Baraw Kenneth D and Staley Thomas P
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $718,000 None Available
Warranty Deed $615,000 None Available
Deed $177,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $510,400 New Conventional
Previous Owner $300,000 New Conventional
Previous Owner $203,175 New Conventional
Previous Owner $100,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2021 01/22/21 Sold $718,000 -1.0% $333 / Sq Ft
11/24/2020 11/24/20 Pending -- -- --
11/21/2020 11/21/20 For Sale $725,000 0.0% $336 / Sq Ft
10/28/2020 10/28/20 Pending -- -- --
10/26/2020 10/26/20 For Sale $725,000 +17.9% $336 / Sq Ft
05/08/2019 05/08/19 Sold $615,000 -3.8% $288 / Sq Ft
04/11/2019 04/11/19 Pending -- -- --
04/01/2019 04/01/19 For Sale $639,000 0.0% $299 / Sq Ft
03/08/2019 03/08/19 Pending -- -- --
02/25/2019 02/25/19 Price Changed $639,000 -3.0% $299 / Sq Ft
02/02/2019 02/02/19 For Sale $659,000 -- $309 / 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 $5,347 $692,300 $400,000 $292,300
2023 $5,347 $692,300 $400,000 $292,300
2022 $4,026 $692,300 $400,000 $292,300
2021 $3,998 $668,500 $420,000 $248,500
2020 $3,861 $668,500 $420,000 $248,500
2019 $3,856 $668,500 $420,000 $248,500
2018 $3,858 $668,500 $420,000 $248,500
2017 $3,510 $668,500 $420,000 $248,500
2016 $3,549 $668,500 $420,000 $248,500
2015 $3,541 $668,500 $420,000 $248,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 103514

Outer Banks Association of REALTORS®

APN: 126A-000-0038-000A