NOT LISTED FOR SALE

609 Tide Arch Corolla, NC 27927

Estimated Value: $2,211,000 - $3,235,795

9 Beds
8.5 Baths
4,680 Sq Ft
$587/Sq Ft Est. Value

Last Sold March 21, 2022

Last sale price $3,125,000 $668 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $15,840/month

176 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Second Refrigerator
  • Community Beach Access
  • Cabana
  • Coastal Architecture

About This Home

As of March 2022

Beautiful 9 Bedroom Corolla Oceanfront with Incredible Ocean Views with direct beach access Huge Pool! Elevator and Theater Room! Home Rents incredibly well...with over $313,000 advertised rent in 2021. Great investment opportunity. Home was built to last by Olin Finch. Inside you will find beautiful hardwood floors throughout the entire home. The kitchen has beautiful granite counters and upgraded appliances. Lots of outdoor deck space to enjoy the Ocean Views. Modern cable railings on the decks add to the modern character of the home and also enhance the views! New Gazebo added in 2021. Pool and pool decking is very large and provides a great place to gather and enjoy time with family and friends. First Floor has handicap deck access from the driveway. As you enter you will find an elevator with a spacious foyer. There is a large Rec Room with pool table and a large 14 Chair Theatre Room with a 133 inch screen and HD projector. First floor also has laundry and 3 Main Bedrooms. The Mid Level has 5 large, well appointed bedrooms. Three are master bedrooms and 2 bedrooms share a very nice bathroom. The Top level opens up into a beautiful open living concept with vaulted ceilings with plenty of natural light. Enjoy the large open upgraded kitchen, huge living room and dining room, half bathroom and a very large Master Suite. The hand picked furnishings and finish detail gives the home a wonderful coastal style. This property is sold fully furnished and rental ready. Truly a must see turn key property. New in 2020 (2) new stainless steel refrigerators in the kitchen, new stainless steel dishwasher and outside pool Gazebo.

Last Agent to Sell the Property

Len Cusato

Keller Williams - Outer Banks License #284979 Listed on: 07/30/2021

Keller Williams - Outer Banks

Co-Listed By

Chris Keyser

Keller Williams - Outer Banks License #295416

Last Buyer's Agent

Matt Myatt

Keller Williams - Outer Banks License #218707

Keller Williams - Outer Banks

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,314

Year Built

  • Built in 2015

Lot Details

  • Beach Front
  • Property fronts a private road
  • Fenced Yard
  • Landscaped

HOA Fees

  • $75 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Coastal Architecture
  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Cement Board or Planked

Interior Spaces

  • 4,680 Sq Ft Home
  • Elevator
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Ocean Views

Kitchen

  • Built-In Oven
  • Built-In Range
  • Microwave
  • Second Refrigerator
  • Ice Maker
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 9 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • Handicap Accessible

Pool

  • Cabana
  • Concrete Pool
  • In Ground Pool
  • Outdoor Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Exterior Lighting

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District Water
  • Community Sewer or Septic

Listing and Financial Details

  • Tax Lot 120

Community Details

Overview

  • Association fees include management, pool, road maintenance, security, tennis courts, walkways
  • Ocean Sands HOA, Phone Number (252) 489-2916
  • Built by Olin Finch
  • Ocean Sands Subdivision

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,314

Year Built

Built in 2015

Lot Details

0

HOA Fees

$75 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Extras: Beach Access, Boardwalk to Beach, Cabana, Ceiling Fan(s), Covered Decks, Elevator, Fenced Yard, Handicap Friendly, Hot Tub, Landscaped, Outside Lighting, Outside Shower, Sun Deck
  • Flood Zone: X
  • Headline: Oceanfront w $313k in Rents
  • Heated Sq Ft: 4680
  • L V T Date: 07/30/2021
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Section: O
  • Waterfront Location: Oceanfront
  • Zoning: Res
  • Advertised Income 2020: 257988
  • Advertised Income 2021: 313215
  • Advertised Income 2022: 204181
  • Deed Book Pg Number: 853
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Major Subdivision: Ocean Sands
  • Newpoint Media: Yes
  • Office License Number: C30917
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Countertop Range, Dishwasher, Dryer, Microwave, Refrigerator w/Ice Maker, Wall Oven, Washer, 2nd Refrigerator
  • Bedrooms: 9
  • Countertops: Granite
  • Floor Coverings: Carpet, Hardwood
  • Full Bathrooms: 8
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ensuite, Pantry, Some Windows Treated, Washer Connection, Wet Bar
  • Partial Bathrooms: 1

Exterior Features

  • Homebuilder: Olin Finch
  • Construction: Frame, Wood
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool: Association
  • Pool Type: Outdoor, In Ground, Concrete, Private Pool, Association Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Parking: Off Street

Utilities

  • Cooling: Central, Heat Pump, Zoned
  • Heating: Central, Heat Pump, Zoned
  • Sewer/Septic System: Community Septic
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Management, Pool, Road Maintenance, Security, Tennis Courts, Walkways
  • Association Amenities: Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis
  • Association Fee: Yes
  • Estimated Annual Fee: 900
  • Hoa Contact: Ocean Sands HOA
  • HOA Contact: (252) 489-2916

Lot Info

  • Lot Description: Beach Frontage, Water Frontage
  • Lot Number: Lot 120
  • Deed Book: 1447

Rental Info

  • Lease Terms: Weekly
  • Rental Co: Twiddy and Company
  • Rental Cottage Name: Awakening Sun
  • Rental Cottage Number: GOL 120
  • Rental Phone Number: 252) 457-1100
  • Rental Turnover Day: Saturday

Building Info

  • Year Built: 2015

Tax Info

  • Year: 2020
  • Taxes: 9314.1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 18, 2018
Sold by
Saban Marc and Saban Suzanne
Bought by
609 Tide Arch Llc
Current Estimated Value
$2,746,265

Purchase Details

Listed on
Dec 12, 2017
Closed on
Feb 13, 2018
Sold by
Coastland Development Sales Inc
Bought by
Beveridge Paul Alan and Beveridge Karen R
Seller's Agent
Brad Beacham
Landmark Sotheby's Internation
Buyer's Agent
Len Cusato
Keller Williams - Outer Banks
List Price
$1,995,000
Sold Price
$1,840,000
Premium/Discount to List
-$155,000
-7.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.19%
Original Mortgage
$1,240,000
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 12, 2017
Closed on
Feb 12, 2018
Sold by
Beveridge Paulalan and Beveridge Karen R
Bought by
Saban Marc and Wasserman Peter
Seller's Agent
Brad Beacham
Landmark Sotheby's Internation
Buyer's Agent
Len Cusato
Keller Williams - Outer Banks
List Price
$1,995,000
Sold Price
$1,840,000
Premium/Discount to List
-$155,000
-7.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,240,000
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 2017
Sold by
Beveridge Paul A and Beveridge Karen R
Bought by
Beveridge Paul Alan and Beveridge Karen R

Purchase Details

Listed on
Jun 17, 2014
Closed on
Aug 7, 2014
Sold by
Coastland Development & Sales Inc
Bought by
Beveridge Paul A and Beveridge Karen R
Seller's Agent
Brad Beacham
Landmark Sotheby's Internation
Buyer's Agent
Brad Beacham
Landmark Sotheby's Internation
List Price
$735,000
Sold Price
$725,000
Premium/Discount to List
-$10,000
-1.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.34%
Original Mortgage
$200,000
Interest Rate
4.16%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
609 Tide Arch Llc -- None Available
Beveridge Paul Alan $799,000 None Available
Saban Marc $1,840,000 None Available
Beveridge Paul Alan -- Attorney
Beveridge Paul A $725,000 None Available
Coastland Development & Sales Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Saban Marc $1,240,000
Previous Owner Coastland Development & Sales Inc $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/21/2022 03/21/22 Sold $3,125,000 -2.3% $668 / Sq Ft
01/22/2022 01/22/22 Pending -- -- --
11/09/2021 11/09/21 Price Changed $3,199,000 -5.2% $684 / Sq Ft
08/19/2021 08/19/21 Price Changed $3,375,000 -0.4% $721 / Sq Ft
07/30/2021 07/30/21 For Sale $3,390,000 +84.2% $724 / Sq Ft
02/23/2018 02/23/18 Sold $1,840,000 -7.8% $393 / Sq Ft View Prior Sale
12/23/2017 12/23/17 Pending -- -- --
12/12/2017 12/12/17 For Sale $1,995,000 +175.2% $426 / Sq Ft
08/14/2014 08/14/14 Sold $725,000 -1.4% -- View Prior Sale
06/17/2014 06/17/14 Pending -- -- --
06/17/2014 06/17/14 For Sale $735,000 -- --
Source: Outer Banks Association of REALTORS®

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 $18,045 $1,595,900 $770,000 $825,900
2024 $18,029 $1,595,900 $770,000 $825,900
2023 $16,659 $1,595,900 $770,000 $825,900
2022 $12,959 $1,595,900 $770,000 $825,900
2021 $11,276 $1,278,900 $700,000 $578,900
2020 $9,314 $1,278,900 $700,000 $578,900
2019 $9,294 $1,278,900 $700,000 $578,900
2018 $9,425 $1,253,500 $700,000 $553,500
2017 $8,596 $1,253,500 $700,000 $553,500
2016 $7,697 $1,253,500 $700,000 $553,500
2015 $5,002 $700,000 $700,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 115503

Outer Banks Association of REALTORS®

APN: 126A-000-0120-000O