Seller's Agent in 2020
Jeanne-Marie DeStefano
Keller Williams - Outer Banks
(252) 599-7250
24 in this area
113 Total Sales
607 Wave Arch Corolla, NC 27927
Estimated Value: $2,020,747 - $2,291,000
9
Beds
8.5
Baths
3,940
Sq Ft
$558/Sq Ft
Est. Value
Highlights
- Beach Front
- Ocean View
- Second Refrigerator
- Community Beach Access
- In Ground Pool
- Cathedral Ceiling
About This Home
As of October 2020Turn-key oceanfront 9-bedroom 8.5 bathroom home in Corolla with private pool, elevator, game room and more! Amazing views from the top level give this home the wow factor, and it has a fantastic layout for mutli-family use. The owners have used this home as their family's second home and rented moderately when they aren't personally using it. That means a well-maintained home for the new owners, with a rental projection over $186k! The ground level is a large gameroom and family area with a kitchenette and refrigerator, a master bedroom and bathroom, and two more bedrooms that share a hall bathroom. New granite countertops and new sink for the wetbar in 2020. There's also sliders from this level that lead to the fully-fenced outdoor pool, hot tub, outside shower, and patio and grill area. The second level features FIVE MASTER BEDROOMS with their own bathrooms! Plenty of oceanfront/poolfront decking on this level, and sliders from the east-facing bedrooms onto the decks. The top level features an open-concept great room with cathedral ceilings and plenty of large windows to see the expansive ocean views! The large kitchen has two refrigerators, two dishwashers and two ovens, and brand new white granite countertops in 2020. Perfect for group entertaining and large families. The dining space is right off the kitchen, with a large table for all the guests, and ocean view dining. There's a master bedroom and master bathroom also, with the master leading out to an oceanfront deck. There's also a 1/2 bath on this level, and a gas fireplace. Enjoy the wide beaches of Corolla right in your backyard, with a large stable dune for protection. Such a great location for families and for investment. A truly well-loved home that's ready for a new owner. Two new HVAC units in 2017. New top deck and rails in 2018. New hot tub, 2 new refrigerators, 2 new dishwashers, new washing machine in 2017/2018. New front stairs and back stairs in 2020. New custom-cut blinds in all bedrooms in 2020. $119,000 in rental income already booked for 2020.
Last Agent to Sell the Property
Keller Williams - Outer Banks License #282161 Listed on: 05/20/2020
Last Buyer's Agent
Keller Williams - Outer Banks License #282161 Listed on: 05/20/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,992
Year Built
- Built in 2004
Lot Details
- 6,098
HOA Fees
- $50 Monthly HOA Fees
Home Design
- Asphalt Shingled Roof
- Cement Board or Planked
Interior Spaces
- 3,940 Sq Ft Home
- Elevator
- Furnished
- Cathedral Ceiling
- Gas Fireplace
- Game Room
- Ocean Views
Kitchen
- Built-In Oven
- Built-In Range
- Second Refrigerator
- Ice Maker
- Second Dishwasher
- Granite Countertops
Flooring
- Carpet
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 9 Bedrooms
- En-Suite Primary Bedroom
Laundry
- Laundry Room
- Dryer
- Washer
Pool
- In Ground Pool
- Outdoor Pool
- Spa
- Outdoor Shower
Utilities
- Central Air
- Heat Pump System
- Municipal Utilities District Water
- Community Sewer or Septic
Additional Features
- Sun Deck
- Beach Front
Listing and Financial Details
- Tax Lot 62
Community Details
Overview
- Association fees include pool, sewer/septic, tennis courts, walkways
- See Website Association
- Ocean Sands Subdivision
Recreation
- Community Beach Access
- Tennis Courts
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 21, 2021
Sold by
Rosinski Adam and Rosinski Amy
Bought by
Armson Keith Steven and Armson Karen Ann
Current Estimated Value
Purchase Details
Listed on
May 20, 2020
Closed on
Oct 21, 2020
Sold by
Pettler Stephen L and Pettler Jayne J
Bought by
Lewis Michael P and Lewis Kimberly C
Seller's Agent
Jeanne-Marie DeStefano
Keller Williams - Outer Banks
Buyer's Agent
Jeanne-Marie DeStefano
Keller Williams - Outer Banks
List Price
$1,425,000
Sold Price
$1,365,000
Premium/Discount to List
-$60,000
-4.21%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.62%
Original Mortgage
$1,092,000
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 26, 2016
Sold by
Ejz Profit Sharing Plan
Bought by
Resinski Adam and Rosinski Amy
Purchase Details
Closed on
Aug 19, 2014
Sold by
Phillips Warren and Phillips Kathleen
Bought by
Ejz Profit Sharing Plan
Purchase Details
Closed on
Jul 8, 2009
Sold by
Hartle Gregory A and Hartle Robin L
Bought by
Pettler Stephen L and Pettler Jayne J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
4.88%
Mortgage Type
Purchase Money Mortgage
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 |
|---|---|---|---|
| Armson Keith Steven | $1,550,000 | None Available | |
| Lewis Michael P | $1,365,000 | None Available | |
| Resinski Adam | $1,440,000 | Attorney | |
| Ejz Profit Sharing Plan | -- | Attorney | |
| Pettler Stephen L | $1,215,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Lewis Michael P | $1,092,000 | |
| Previous Owner | Pettler Stephen L | $650,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/23/2020 10/23/20 | Sold | $1,365,000 | -4.2% | $346 / Sq Ft |
| 08/23/2020 08/23/20 | Pending | -- | -- | -- |
| 05/20/2020 05/20/20 | For Sale | $1,425,000 | -- | $362 / 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 | $14,736 | $1,305,300 | $770,000 | $535,300 |
| 2024 | $14,736 | $1,305,300 | $770,000 | $535,300 |
| 2023 | $14,720 | $1,305,300 | $770,000 | $535,300 |
| 2022 | $10,577 | $1,302,500 | $770,000 | $532,500 |
| 2021 | $9,088 | $1,114,400 | $700,000 | $414,400 |
| 2020 | $7,992 | $1,114,400 | $700,000 | $414,400 |
| 2019 | $7,992 | $1,114,400 | $700,000 | $414,400 |
| 2018 | $8,103 | $1,114,400 | $700,000 | $414,400 |
| 2017 | $7,527 | $1,114,400 | $700,000 | $414,400 |
| 2016 | $6,751 | $1,114,400 | $700,000 | $414,400 |
| 2015 | $6,195 | $1,114,400 | $700,000 | $414,400 |
Source: Public Records
Agents Affiliated with this Home
-
Jeanne-Marie DeStefano
Map
Source: Outer Banks Association of REALTORS®
MLS Number: 109345
APN: 126A-000-0062-000O
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