NOT LISTED FOR SALE

601 Tide Arch Corolla, NC 27927

Estimated Value: $2,538,000 - $3,123,991

0.28 Acre
$10,443,743 Price per Acre
12,197 Sq Ft Lot

Last Sold March 24, 2021

Last sale price $850,000

Est. 244% increase in value since last sale

Current estimated payment $16,465/month

433 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Tennis Courts
  • Community Beach Access
  • Community Pool

About This Lot

As of March 2021

Corolla Oceanfront lot! Ocean Views! This is the last oceanfront lot available in this subdivision. All other lots have been sold. Saved the Best for Last! This oversized property is cleared and ready to build on. 12,000 square feet, the property will support a large 10 bedroom home! Its position in the community creates more elbow room and privacy as it adjoins community open space. Community has great amenities such as outdoor pool, outdoor tennis courts and ocean access. Section O is just a quick drive to everything in Corolla such as shopping, restaurants, entertainment and more. Great investment and rental potential...buy now and hold or build your dream home!

Last Agent to Sell the Property

Brad Beacham

Landmark Sotheby's Internation License #194377 Listed on: 09/26/2019

Landmark Sotheby's Internation

Co-Listed By

Cameron Griggs

Coldwell Banker Seaside Realty KH License #294636

Last Buyer's Agent

Eric Avery

Corolla Beach Realty License #263535

Property Details

Property Type

  • Land

Lot Details

  • 0.28 Acre Lot
  • Beach Front
  • 74 Feet of Waterfront

HOA Fees

  • $102 Monthly HOA Fees

Additional Features

  • Ocean Views
  • Municipal Utilities District for Water and Sewer

Community Details

Overview

  • Association fees include common electric, common insurance, management, pool, road maintenance, security, tennis courts, walkways
  • Signature Touch Association, Phone Number (252) 441-8857
  • Ocean Sands Subdivision

Recreation

  • Community Beach Access
  • Tennis Courts
  • Community Pool

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$102 per month

Listing Details

  • Class: LOTS/LAND
  • Directions: SECT O. East on Seabird, Continue on Ocean Lake Trail. Right on Tide Arch to oceanfront
  • Flood Zone: X
  • Subdivision Name: Ocean Lakes Subdivision Ocean Sands
  • Headline: Large Corolla Oceanfront Lot!
  • L V T Date: 09/26/2019
  • Phase: 4-C
  • Roads: Paved
  • Sale/Rent: For Sale
  • Section: O
  • Waterfront Location: Oceanfront
  • Zoning: Res
  • 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: LotsLands

Exterior Features

  • View: Ocean
  • Water Frontage: 74

Utilities

  • Sewer/Septic System: Municipal Sewer
  • Water: Municipal
  • Electric: Available

Condo/Co-op/Association

  • Association Amenities: Ocean Access, Outdoor-Comm. Tennis, Outdoor-Comm. Pool
  • Association Fee: Yes
  • Estimated Annual Fee: 1225
  • Hoa Contact: Signature Touch
  • HOA Contact: 252-441-8857
  • Fee Includes: Common Electric, Common Insurance, Management, Pool, Road Maintenance, Security, Tennis Courts, Walkways

Lot Info

  • Estimated Lot Sq Ft: 12000
  • Lot Description: Beach Frontage, Water Frontage
  • Estimated Lot Size: 0.28
  • Unit/Lot Number: Lot 116

Tax Info

  • Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 17, 2025
Sold by
Doubleday Richard B and Doubleday Karen A
Bought by
Doubled Down Iii Llc
Current Estimated Value
$2,924,248

Purchase Details

Closed on
Oct 4, 2024
Sold by
Doubled Down Iii Llc
Bought by
Doubleday Richard B and Doubleday Karen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$978,139
Interest Rate
6.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 25, 2024
Sold by
Doubleday Richard B and Doubleday Karen A
Bought by
Doubled Down Iii Llc

Purchase Details

Closed on
Jun 2, 2024
Sold by
Oceanaire Nc Llc
Bought by
Doubleday Richard B and Doubleday Karen A

Purchase Details

Listed on
Sep 26, 2019
Closed on
Mar 24, 2021
Sold by
Coastland Development And Sales Inc
Bought by
Occanaire Nc Llc
Seller's Agent
Brad Beacham
Landmark Sotheby's Internation
Buyer's Agent
Eric Avery
Corolla Beach Realty
List Price
$995,000
Sold Price
$850,000
Premium/Discount to List
-$145,000
-14.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.57%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Doubled Down Iii Llc -- None Listed On Document
Doubled Down Iii Llc -- None Listed On Document
Doubleday Richard B -- None Listed On Document
Doubled Down Iii Llc -- None Listed On Document
Doubleday Richard B $3,600,000 None Listed On Document
Occanaire Nc Llc $850,000 None Available
Oceanaire Nc Llc $4,250,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Doubleday Richard B $978,139
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/24/2021 03/24/21 Sold $850,000 -2.9% --
12/02/2020 12/02/20 Pending -- -- --
08/04/2020 08/04/20 Price Changed $875,000 -2.2% --
04/06/2020 04/06/20 Price Changed $895,000 -5.7% --
02/14/2020 02/14/20 Price Changed $949,000 -4.6% --
09/26/2019 09/26/19 For Sale $995,000 -- --
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 $13,053 $1,748,700 $808,500 $940,200
2024 $13,053 $1,748,700 $808,500 $940,200
2023 $11,584 $1,748,700 $808,500 $940,200
2022 $6,169 $808,500 $808,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 106682

Outer Banks Association of REALTORS®

APN: 126A0000116000O