NOT LISTED FOR SALE

537 Breakers Arch Corolla, NC 27927

Estimated Value: $1,563,943 - $1,908,000

8 Beds
10 Baths
4,648 Sq Ft
$378/Sq Ft Est. Value

Last Sold December 01, 2014

Last sale price $1,550,000 $333 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $9,813/month

189 Days on Market

Highlights

  • Ocean Front
  • Outdoor Pool
  • Craftsman Architecture
  • Beach Access
  • Second Refrigerator
  • Cathedral Ceiling

About This Home

As of December 2014

Exquisite custom craftsman home with too many upgrades to list. Here are just some of the amazing features this outer banks classic boasts.Craftsman trim and wainscoting throughout with amazing custom wood floors and an elevator for ease and convenience. The top floor is huge with breathtaking ocean views. There is a gourmet kitchen with granite counters and stainless appliances and a commercial grade gas cooktop. The living and dining room have open access to the sundeck facing the ocean. You have to see the quality to appreciate it. The top floor also boasts a lovely grand master suite. The mid level masters are all large and have access to large decks as well. The ground floor billiards room is spectacular with many custom feature and meticulous wood work. The pool area is huge with a cabana bar and BBQ cook station. The landscaping is lush and vibrant. This is a must see on a huge lot.

Last Agent to Sell the Property

Barry Breit

Carolina Designs Realty License #187143 Listed on: 03/28/2014

Last Buyer's Agent

Chandler Spawr

Coastal Property Partners License #190456

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,523

Year Built

  • Built in 2007

Lot Details

  • 0.5 Acre Lot
  • Ocean Front
  • Cul-De-Sac
  • Landscaped
  • Sprinkler System

HOA Fees

  • $8 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 4,648 Sq Ft Home
  • Elevator
  • Wet Bar
  • Furnished
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Entrance Foyer
  • Game Room
  • Ocean Views

Kitchen

  • Built-In Oven
  • Built-In Range
  • Microwave
  • Second Refrigerator
  • Ice Maker
  • Second Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Pool

  • Outdoor Pool
  • Spa
  • Heated Pool
  • Outdoor Shower

Outdoor Features

  • Beach Access
  • Sun Deck
  • Covered Deck
  • Patio
  • Exterior Lighting
  • Gazebo

Utilities

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

Community Details

  • Built by Soreline
  • Ocean Sands Subdivision

Listing and Financial Details

  • Tax Lot 43

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,523

Year Built

Built in 2007

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Craftsman, Coastal
  • Extras: Beach Access, Ceiling Fan(s), Covered Decks, Elevator, Gazebo, Hot Tub, Landscaped, Lawn Sprinklers, Outside Lighting, Outside Shower, Patio, Security System, Smoke Detector(s), Sun Deck
  • Flood Zone: X
  • Headline: NEVER RENTED Semi-Oceanfront!
  • Heated Sq Ft: 4648
  • Sale/Rent: For Sale
  • Section: A
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: res
  • Deed Book Pg Number: 0087
  • Major Subdivision: Ocean Sands
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Countertop Range, Dishwasher, Dryer, Microwave, Refrigerator w/Ice Maker, Wall Oven, Washer, 2nd Dishwasher, 2nd Refrigerator
  • Bedrooms: 8
  • Countertops: Granite
  • Floor Coverings: Carpet, Tile, Hardwood
  • Foundation: Piling
  • Full Bathrooms: 8
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Beamed Ceiling(s), Cathedral Ceiling(s), Gas Fireplace, Ensuite, Walk in Closet, Wet Bar
  • Optional Rooms: Foyer, Game Room, Pantry
  • Partial Bathrooms: 2

Exterior Features

  • Homebuilder: Soreline
  • Construction: Frame
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool: Private
  • Pool Type: Heated
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Utilities

  • Cooling: Central, Heat Pump
  • Heating: Central, Heat Pump
  • Oilgas Severed Pre Owner: No Representation
  • Sewer/Septic System: Private Septic
  • Water: Municipal

Condo/Co-op/Association

  • Association Fee: Yes
  • Estimated Annual Fee: 100

Lot Info

  • Estimated Lot Sq Ft: 21590
  • Lot Description: Cul-de-sac
  • Lot Number: Lot 43
  • Deed Book: 1030

Rental Info

  • Est Annual Rental Income: 140630
  • Estimated Rental Performance: 0.0907

Building Info

  • Year Built: 2007

Tax Info

  • Year: 2013
  • Taxes: 4522.65

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 16, 2024
Sold by
Welter Properties Llc
Bought by
Welter Mark C and Welter Terri L
Current Estimated Value
$1,755,648

Purchase Details

Closed on
Mar 30, 2015
Sold by
Welter Mark C and Welter Terri L
Bought by
Welter Properties Llc

Purchase Details

Listed on
Mar 28, 2014
Closed on
Dec 1, 2014
Sold by
Thodos Steven G and Thodos Stephany A
Bought by
Welter Mark C and Welter Terri L
Seller's Agent
Barry Breit
Carolina Designs Realty
Buyer's Agent
Chandler Spawr
Coastal Property Partners
List Price
$1,795,000
Sold Price
$1,550,000
Premium/Discount to List
-$245,000
-13.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.13%

Purchase Details

Closed on
Jun 3, 2005
Sold by
Ciccone Alvin J and Snyder Falkinham Georgia Anne
Bought by
Gosnell Gary and Gosnell Leslie
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
Welter Mark C -- None Listed On Document
Welter Properties Llc -- None Available
Welter Mark C $1,550,000 Attorney
Gosnell Gary -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2014 12/01/14 Sold $1,550,000 -13.6% $333 / Sq Ft
10/03/2014 10/03/14 Pending -- -- --
03/28/2014 03/28/14 For Sale $1,795,000 -- $386 / 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 $7,286 $939,900 $360,000 $579,900
2024 $7,286 $939,900 $360,000 $579,900
2023 $7,270 $939,900 $360,000 $579,900
2022 $5,392 $939,900 $360,000 $579,900
2021 $5,377 $843,200 $378,000 $465,200
2020 $4,875 $843,200 $378,000 $465,200
2019 $4,862 $843,200 $378,000 $465,200
2018 $0 $843,200 $378,000 $465,200
2017 $4,420 $843,200 $378,000 $465,200
2016 $4,420 $843,200 $378,000 $465,200
2015 -- $843,200 $378,000 $465,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 82971

Outer Banks Association of REALTORS®

APN: 126A-000-0043-000A