NOT LISTED FOR SALE

540 Breakers Arch Corolla, NC 27927

Estimated Value: $2,310,608

0.69 Acre
$3,353,567 Price per Acre
30,013 Sq Ft Lot

Sale Details

Date Sold: August 20, 2014

Last sale price $1,050,000

Est. 120% increase in value since last sale

Current estimated payment $13,404 / mo

42 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Cul-De-Sac

About This Lot

As of August 2014

Excellent Oceanfront Lot in very desirable Ocean Sands South ! Vacationers love the Courtside Setting of Ocean Sands Sections A,B,C. An Oceanfront Site with 100' Waterfrontage on a Cul-de-sac, with more privacy on the Beach and less traffic on the Street. Dynamite Value on this Ideal High Setting for Beautiful Ocean Views. High capacity Lot Size, like 8 or 9 or 10 Bedroom Beach Homes that have recently been built !

Last Agent to Sell the Property

Paul Sabadash

Sun Realty - Corolla License #119788 Listed on: 06/15/2014

Last Buyer's Agent

Jim Heinrich

Default, Office License #151664

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,040

Property Views

  • Ocean Views

Lot Details

  • Lot Dimensions are 100 x 300
  • Beach Front
  • 100 Feet of Waterfront
  • Cul-De-Sac

Community Details

  • Ocean Sands Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$4,040

Listing Details

  • Class: LOTS/LAND
  • Directions: Ocean Sands Sec A: OceanWay; Next Left: BreakersArch; Oceanfront: South side of Community Walkway.
  • Flood Zone: VE
  • Subdivision Name: Ocean Sands Sections A,B,C aka Ocean Sands South
  • Headline: Wonderful Oceanfront Lot
  • Roads: Public, Paved
  • Sale/Rent: For Sale
  • Section: A
  • Waterfront Location: Oceanfront
  • Zoning: RES
  • Deed Book Pg Number: 0110
  • Major Subdivision: Ocean Sands
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Street Frontage: 100
  • View: Ocean
  • Water Frontage: 100

Utilities

  • Electric: Available

Lot Info

  • Lot Description: Beach Frontage, Cul-de-sac, Water Frontage
  • Lot Size: 100 x 300
  • Deed Book: 0745
  • Unit/Lot Number: Lot 40 Sec A

Tax Info

  • Year: 2013
  • Taxes: 4040

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2014
Closed on
Aug 18, 2014
Sold by
Bought by
Seller's Agent
Paul Sabadash
Sun Realty - Corolla
Buyer's Agent
Jim Heinrich
Default, Office
List Price
$1,100,000
Sold Price
$1,050,000
Premium/Discount to List
-$50,000
-4.55%
Current Estimated Value
$2,310,608

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,260,608
Avg. Annual Appreciation
6.92%
Original Mortgage
$735,000
Outstanding Balance
$558,847
Interest Rate
4.19%
Mortgage Type
Commercial
Estimated Equity
$1,751,761
Source: Public Records
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,050,000 Attorney
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $735,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/20/2014 08/20/14 Sold $1,050,000 -4.5% --
07/27/2014 07/27/14 Pending -- -- --
06/15/2014 06/15/14 For Sale $1,100,000 -- --
Source: Outer Banks Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $11,231 $1,535,400 $850,000 $685,400
2024 $11,231 $1,535,400 $850,000 $685,400
2023 $11,215 $1,535,400 $850,000 $685,400
2022 $8,267 $1,535,400 $850,000 $685,400
2021 $8,252 $1,409,600 $833,000 $576,600
2020 $7,741 $1,409,600 $833,000 $576,600
2019 $7,741 $1,409,600 $833,000 $576,600
2018 $7,741 $1,409,600 $833,000 $576,600
2017 $7,016 $1,409,600 $833,000 $576,600
2016 $7,016 $1,409,600 $833,000 $576,600
2015 $4,728 $833,000 $833,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Outer Banks Association of REALTORS®

MLS Number: 84107

Outer Banks Association of REALTORS®

APN: 126A-000-0040-000A

Your Personal Tour Guide

Ask me questions while you tour the home.