603 Ocean Front Arch Corolla, NC 27927
Corolla NeighborhoodEstimated Value: $1,540,000 - $1,980,000
6
Beds
6
Baths
3,246
Sq Ft
$539/Sq Ft
Est. Value
Highlights
- Beach Front
- Ocean View
- Rooftop Deck
- Community Beach Access
- Outdoor Pool
- Coastal Architecture
About This Home
As of May 2023Panoramic views of the ocean and coastal charm can be found throughout this oceanfront cottage situated in Section O of the Ocean Sands community of Corolla. An Olin Finch build, this home offers quality craftsmanship and thoughtful design with 6 bedrooms (4 en suites), 6 full baths, a game room, garage, tiki bar, and shared direct access to the beach. On the ground floor, a game room w/ custom shelving, foosball, a full bath, and bedroom with two duo bunk sets is the perfect place for kids to relax and unwind after a day spent at the beach. On the second floor, four en suites, two with direct deck access, an oceanside hot tub, bright foyer entry, and covered decks provide an inviting and cozy place for guests to rest their heads and relax. The third floor boasts expansive views of the oceanfront with surrounding windows, spacious decks to soak up the warm ocean breeze, a large open concept living room w/ gas fireplace, built-in shelving, and ample seating, a kitchen w/ stainless steel appliances, island, dining & breakfast seating, a wet bar, full bath, reading nook, and screened porch for entertaining. Draw straws for the opportunity to spend your evenings in the top-level bedroom with two twin beds, a trundle bed, and private rooftop deck for sunbathing. With direct shared beach access, close proximity to the community pool & tennis, a well-established dune line, and an accommodating size for 2+ families, it's no wonder this is a sought-after vacation destination for guests year after year!
Last Agent to Sell the Property
Twiddy and Company - Corolla License #301647 Listed on: 02/23/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,547
Year Built
- Built in 1995
Lot Details
- Beach Front
- Landscaped
- Property is zoned SFO
HOA Fees
- $127 Monthly HOA Fees
Parking
- Paved Parking
Home Design
- Coastal Architecture
- Slab Foundation
- Frame Construction
- Asphalt Shingled Roof
- Wood Siding
- Shake Siding
- Piling Construction
Interior Spaces
- 3,246 Sq Ft Home
- Wet Bar
- Furnished
- Cathedral Ceiling
- Ceiling Fan
- Gas Fireplace
- Window Treatments
- Entrance Foyer
- Game Room
- Sun or Florida Room
- Ocean Views
Kitchen
- Oven or Range
- Microwave
- Ice Maker
- Dishwasher
- Granite Countertops
- Disposal
Flooring
- Carpet
- Ceramic Tile
- Luxury Vinyl Plank Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- En-Suite Primary Bedroom
- 6 Full Bathrooms
Laundry
- Dryer
- Washer
Pool
- Outdoor Pool
- Outdoor Shower
- Spa
Outdoor Features
- Sun Deck
- Rooftop Deck
- Covered Deck
- Exterior Lighting
Utilities
- Central Heating and Cooling System
- Heat Pump System
- Fuel Tank
- Municipal Utilities District for Water and Sewer
Listing and Financial Details
- Tax Lot #8
Community Details
Overview
- Signature Touch Management Association, Phone Number (252) 441-8857
- Built by Olin Finch
- Ocean Sands Subdivision
Amenities
- Common Area
Recreation
- Community Boardwalk
- Community Beach Access
- Tennis Courts
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 23, 2023
Closed on
Apr 21, 2023
Sold by
Valbona Qerimi Trust and Shkumbin Qerimi Trust
Bought by
Osborne Tracy and Osborne Calvin L
Seller's Agent
Hunter Davis
Twiddy and Company - Corolla
Buyer's Agent
Rubert Wilson III
Century 21 Nachman Realty
List Price
$1,670,000
Sold Price
$1,670,000
Views
60
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
$79,072
Avg. Annual Appreciation
2.17%
Original Mortgage
$626,200
Outstanding Balance
$611,246
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$1,136,240
Purchase Details
Closed on
Mar 13, 2015
Sold by
Potter Wilburn M and Potter Elizabeth D
Bought by
Qerimi Valbona and Valbona Qerimi Trust
Similar Homes in Corolla, NC
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Osborne Tracy | $10,020,000 | None Listed On Document | |
| Qerimi Valbona | $850,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Osborne Tracy | $626,200 | |
| Previous Owner | Potter William M | $520,000 | |
| Previous Owner | Potter Wilburn M | $150,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/11/2023 05/11/23 | Sold | $1,670,000 | 0.0% | $514 / Sq Ft |
| 03/27/2023 03/27/23 | Pending | -- | -- | -- |
| 02/23/2023 02/23/23 | For Sale | $1,670,000 | -- | $514 / 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 |
|---|---|---|---|---|
| 2024 | $13,101 | $1,161,200 | $770,000 | $391,200 |
| 2023 | $13,101 | $1,140,200 | $770,000 | $370,200 |
| 2022 | $9,291 | $1,140,200 | $770,000 | $370,200 |
| 2021 | $8,116 | $1,042,500 | $700,000 | $342,500 |
| 2020 | $7,581 | $1,042,500 | $700,000 | $342,500 |
| 2019 | $7,581 | $1,042,500 | $700,000 | $342,500 |
| 2018 | $0 | $1,042,500 | $700,000 | $342,500 |
| 2017 | $7,138 | $1,042,500 | $700,000 | $342,500 |
| 2016 | $6,406 | $1,042,500 | $700,000 | $342,500 |
| 2015 | -- | $1,042,500 | $700,000 | $342,500 |
Source: Public Records
Agents Affiliated with this Home
-
Hunter Davis
Seller's Agent in 2023
Hunter Davis
Twiddy and Company - Corolla
(704) 936-6456
125 in this area
178 Total Sales
-
Martha Springer
Seller Co-Listing Agent in 2023
Martha Springer
Twiddy and Company - Corolla
(252) 982-6045
100 in this area
135 Total Sales
-
Rubert Wilson III
Buyer's Agent in 2023
Rubert Wilson III
Century 21 Nachman Realty
(252) 207-3557
9 in this area
30 Total Sales
Map
Source: Outer Banks Association of REALTORS®
MLS Number: 121517
APN: 126A-000-0008-000O
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