NOT LISTED FOR SALE

608 Tide Arch Corolla, NC 27927

Estimated Value: $1,567,000 - $1,685,000

0.14 Acre
$11,610,986 Price per Acre
6,014 Sq Ft Lot

Last Sold July 16, 2014

Last sale price $275,000

Est. 502% increase in value since last sale

Current estimated payment $9,656/month

100 Days on Market

Highlights

  • Community Beach Access
  • Community Pool
  • Level Lot
  • Ocean Front
  • Tennis Courts

About This Lot

As of July 2014

Semi-oceanfront, corner lot, with beautiful views, this homesite can accommodate at least an 8-bedroom home with pool. Final subdivision plat has not been approved or recorded and is subject to change. A contract may be terminated without breach, if the final record plat differs in any material respect from the preliminary plat (per NCGS 153A-334). Less than 96 feet from the private beach access and a short walk to the Olympic-sized community pool, separate kid’s pool and tennis. Community sewer, water and private roads make this neighborhood one of the best values in Corolla. Come see and compare. 5, 6 and 7-bedroom homes with pools projected to generate 9-10%+ GRI/PP. Call for cashflow analysis based similar homes in the community already renting fantastically! Ocean Lakes at Ocean Sands offers a setting perfect for every member of your family. Combining the ease of beach living with an extraordinary array of nearby recreational amenities, this very special neighborhood puts all the best that Corolla has to offer right at your doorstep. Wide beaches, a stocked 10-acre lake, world-class golf, tennis, dining and shopping and the history of the Outer Banks are all around you. Beautiful new homes are just completed or under construction now. Stop by anytime to see how handsome Ocean Lakes is turning out to be! Several homes available for walkthrough on short notice. House plans and pricing, as well as special financing information, available in associated documents or contact the listing agent.

Last Agent to Sell the Property

Sarah Spencer

Keller Williams - Outer Banks License #185795 Listed on: 01/23/2014

Keller Williams - Outer Banks

Last Buyer's Agent

Mike Bishal

Great Escapes Vacations & Sales License #201359

Property Details

Property Type

  • Land

Lot Details

  • 6,014 Sq Ft Lot
  • Ocean Front
  • Property fronts a private road
  • Level Lot
  • Cleared Lot

HOA Fees

  • $69 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, tennis courts, walkways
  • Ocean Sands Subdivision

Recreation

  • Community Boardwalk
  • Community Beach Access
  • Tennis Courts
  • Community Pool

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$69 per month

Listing Details

  • Class: LOTS/LAND
  • Directions: N on Rt. 12 to E on Seabird. L on Ocean Lake to R on Tide Arch.
  • Flood Zone: AE
  • Headline: Semi Oceanfront
  • Phase: 4-B
  • Roads: Private, Paved
  • Sale/Rent: For Sale
  • Section: Sec O
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: res
  • Major Subdivision: Ocean Sands
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Ocean

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Ocean Access, Outdoor-Comm. Tennis, Outdoor-Comm. Pool, Boardwalk to Beach
  • Association Fee: Yes
  • Estimated Annual Fee: 830
  • Fee Includes: Common Electric, Common Insurance, Management, Pool, Tennis Courts, Walkways

Lot Info

  • Estimated Lot Sq Ft: 6014
  • Lot Description: Level, Cleared
  • Unit/Lot Number: Lot # 137

Tax Info

  • Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 13, 2016
Sold by
Aicher Gary F and Aicher Sue Ellen
Bought by
On Tidal Time Llc
Current Estimated Value
$1,655,016

Purchase Details

Listed on
Jan 23, 2014
Closed on
Jul 16, 2014
Sold by
Coastland Development & Sales Inc
Bought by
Aicher Gary F and Aicher Sue Ellen
Seller's Agent
Sarah Spencer
Keller Williams - Outer Banks
Buyer's Agent
Mike Bishal
Great Escapes Vacations & Sales
List Price
$275,000
Sold Price
$275,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.72%
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
On Tidal Time Llc -- Attorney
Aicher Gary F $275,000 None Available
Coastland Development & Sales Inc -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/16/2014 07/16/14 Sold $275,000 0.0% --
05/03/2014 05/03/14 Pending -- -- --
01/23/2014 01/23/14 For Sale $275,000 -- --
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 $11,299 $977,000 $300,000 $677,000
2024 $11,283 $977,000 $300,000 $677,000
2023 $10,458 $977,000 $300,000 $677,000
2022 $8,149 $977,000 $300,000 $677,000
2021 $7,123 $786,200 $270,000 $516,200
2020 $5,873 $786,200 $270,000 $516,200
2019 $5,873 $786,200 $270,000 $516,200
2018 $0 $786,200 $270,000 $516,200
2017 $5,528 $786,200 $270,000 $516,200
2016 $4,960 $786,200 $270,000 $516,200
2015 -- $270,000 $270,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 82031

Outer Banks Association of REALTORS®

APN: 126A-000-0137-000O