Seller's Agent in 2019
Heather McLay
OBX Homes
(252) 202-3409
60 in this area
150 Total Sales
601 Tern Arch Corolla, NC 27927
Estimated Value: $1,392,000 - $1,711,000
5
Beds
4
Baths
2,000
Sq Ft
$801/Sq Ft
Est. Value
Highlights
- Beach Front
- Ocean View
- Coastal Architecture
- Community Beach Access
- Concrete Pool
- Cathedral Ceiling
About This Home
As of June 2019Amazing deal for this adorable, beachy, oceanfront cottage with custom swimming pool, hot tub, and great rentals too! You won’t find a better price on the northern beaches for a beachfront home with everything you need to relax and enjoy the beautiful Corolla beaches, as well as nearby shops and restaurants. With five bedrooms and four full baths, comfortable sun room off living room with spectacular open space views, and cozy loft with ocean views, this layout will be sure to please! Huge, protective oceanfront dune, vast open space to the south (non rental home to the north) for plenty of privacy, and community walkway to the north, you’ll enjoy all the joys of oceanfront living without the worry and upkeep. Updated kitchen with solid surface counter tops, tile floors, and stainless-steel appliances. Enjoy the custom pool in the summer months and the wood burning fireplace on those cool winter nights and the hot tub (new in 2016) year-round. Nicely decorated, updated furnishings, coastal decor, wainscoting, strong rental history, and great owner care over the years make this one the deal you don’t want to miss! Dry entry from ground floor carport area has washer/dryer and storage. Be sure to view the virtual tour by clicking the link, or cut/past into your browser: https://my.matterport.com/show/?m=EAipWUpbpBA&mls=1
Last Buyer's Agent
Buddy Crumpton
Default, Office License #161515
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,780
Year Built
- Built in 1988
Lot Details
- Beach Front
- Lot includes common area
HOA Fees
- $104 Monthly HOA Fees
Home Design
- Coastal Architecture
- Cottage
- Reverse Style Home
- Frame Construction
- Asphalt Shingled Roof
- Lap Siding
- Piling Construction
- Cement Board or Planked
Interior Spaces
- 2,000 Sq Ft Home
- Furnished
- Cathedral Ceiling
- Ceiling Fan
- Window Treatments
- Loft
- Sun or Florida Room
- Ocean Views
- Fire and Smoke Detector
Kitchen
- Oven or Range
- Microwave
- Ice Maker
- Dishwasher
- Solid Surface Countertops
- Disposal
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Full Bathrooms
Laundry
- Dryer
- Washer
Parking
- Tuck Under Parking
- Paved Parking
Pool
- Concrete Pool
- In Ground Pool
- Outdoor Pool
- Spa
- Outdoor Shower
Outdoor Features
- Sun Deck
- Exterior Lighting
Utilities
- Forced Air Zoned Heating and Cooling System
- Heat Pump System
- Municipal Utilities District for Water and Sewer
Listing and Financial Details
- Tax Lot 40
Community Details
Overview
- Association fees include management, walkways
- Kathy Regan Association, Phone Number (252) 441-8857
- Ocean Sands Subdivision
Recreation
- Community Beach Access
Matterport 3D Tour
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 24, 2018
Closed on
Jul 5, 2019
Sold by
Austin David C and Austin Katarzyna
Bought by
Austin David C
Seller's Agent
Heather McLay
OBX Homes
Buyer's Agent
Buddy Crumpton
Default, Office
List Price
$789,000
Sold Price
$730,000
Premium/Discount to List
-$59,000
-7.48%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$872,699
Avg. Annual Appreciation
12.72%
Original Mortgage
$484,350
Outstanding Balance
$424,082
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$1,178,617
Purchase Details
Listed on
Sep 24, 2018
Closed on
May 25, 2019
Sold by
Romig Burdette S and Romig Barbara B
Bought by
Austin David C
Seller's Agent
Heather McLay
OBX Homes
Buyer's Agent
Buddy Crumpton
Default, Office
List Price
$789,000
Sold Price
$730,000
Premium/Discount to List
-$59,000
-7.48%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$484,350
Outstanding Balance
$424,082
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$1,178,617
Purchase Details
Closed on
Mar 31, 1995
Bought by
Romig Burdette S and Romig Barbara B
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Austin David C | -- | None Available | |
| Austin David C | $730,000 | None Available | |
| Romig Burdette S | $350,700 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Austin David C | $484,350 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/06/2019 06/06/19 | Sold | $730,000 | -3.8% | $365 / Sq Ft |
| 04/15/2019 04/15/19 | Pending | -- | -- | -- |
| 02/27/2019 02/27/19 | Price Changed | $759,000 | -1.3% | $380 / Sq Ft |
| 11/16/2018 11/16/18 | Price Changed | $769,000 | -2.5% | $385 / Sq Ft |
| 09/24/2018 09/24/18 | For Sale | $789,000 | -- | $395 / Sq Ft |
Source: Outer Banks Association of REALTORS®
Tax History Compared to Growth
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 | $13,152 | $1,162,400 | $770,000 | $392,400 |
| 2024 | $13,152 | $1,162,400 | $770,000 | $392,400 |
| 2023 | $13,136 | $1,162,400 | $770,000 | $392,400 |
| 2022 | $9,454 | $1,160,400 | $770,000 | $390,400 |
| 2021 | $6,340 | $919,000 | $700,000 | $219,000 |
| 2020 | $6,687 | $919,000 | $700,000 | $219,000 |
| 2019 | $6,687 | $919,000 | $700,000 | $219,000 |
| 2018 | $6,780 | $919,000 | $700,000 | $219,000 |
| 2017 | $6,295 | $919,000 | $700,000 | $219,000 |
| 2016 | $5,650 | $919,000 | $700,000 | $219,000 |
| 2015 | $5,179 | $919,000 | $700,000 | $219,000 |
Source: Public Records
Agents Affiliated with this Home
-
Heather McLay
-
Ashley Ladd
Seller Co-Listing Agent in 2019
Ashley Ladd
Twiddy and Co. - Duck
(919) 592-7346
17 in this area
40 Total Sales
-
B
Buyer's Agent in 2019
Buddy Crumpton
Default, Office
Map
Source: Outer Banks Association of REALTORS®
MLS Number: 102067
APN: 126A-000-0040-000H
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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