NOT LISTED FOR SALE

610 Wave Arch Corolla, NC 27927

Estimated Value: $1,580,000 - $1,840,000

8 Beds
10 Baths
3,550 Sq Ft
$478/Sq Ft Est. Value

Last Sold January 19, 2024

Last sale price $1,699,000 $479 Per Sq Ft

Current estimated payment $9,834/month

3 Days on Market

Highlights

  • Ocean Front
  • Outdoor Pool
  • Cathedral Ceiling
  • Beach Access
  • Second Refrigerator
  • Wood Flooring

About This Home

As of January 2024

Built in 2016, this semi oceanfront feels like an oceanfront within 75 feet from the beach. Winner of People's Choice Award in 2017 Parade of Homes, this stunning 3550 sf property has the latest look you have been looking for as well as the location. 8 full master suites with 7 king beds and a bunk room for kids. Top level opens up to a gourmet kitchen with Granite counter tops and beautiful red oak flooring. Outside you can enjoy the sunrise over the Atlantic or enjoy shade on the covered porch with modern and efficient Trex decking everywhere. Every bedroom has a private bathroom with custom tile work in every bath and shower. The rec room has a full-size pool table and wet bar. Outside is a private pool, hot tub, gazebo and new plywood furniture to relax after a long day on the beach. 2 dishwasher, 2 full size refrigerators, 2 washer/dryers provide everything needed for the guests to enjoy their stay at "A Summer Place". With $158,000 booked already in 2022 and two open weeks In July and May, this home is the income producer you have been looking for plus the added bonus of l-o-c-a-t-i-o-n and all the latest design features of a contemporary home. Located in Ocean Lakes in Ocean Sands with proximity to community pool and tennis courts.

Last Agent to Sell the Property

Inna Pencheva

Landmark Sotheby's Internation License #289035 Listed on: 11/21/2023

Landmark Sotheby's Internation

Last Buyer's Agent

Stephanie Walker

Stephanie Walker and Associates License #110099

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,087

Year Built

  • Built in 2016

Lot Details

  • Ocean Front
  • Corner Lot
  • Property is zoned SFO

HOA Fees

  • $75 Monthly HOA Fees

Home Design

  • Reverse Style Home
  • Frame Construction

Interior Spaces

  • 3,550 Sq Ft Home
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Second Refrigerator
  • Ice Maker
  • Second Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Pool

  • Outdoor Pool
  • Spa
  • Heated Pool
  • Outdoor Shower

Outdoor Features

  • Beach Access
  • Sun Deck
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District Water
  • Fuel Tank
  • Private Sewer

Listing and Financial Details

  • Tax Lot 74

Community Details

Overview

  • Association fees include common insurance, management, pool, tennis courts, walkways
  • Signature Touch Association, Phone Number (252) 441-8857
  • Built by Costin Creations
  • Ocean Sands Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,087

Year Built

Built in 2016

Lot Details

0

HOA Fees

$75 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Extras: Beach Access, Ceiling Fan(s), Hot Tub, Outside Lighting, Outside Shower, Sun Deck
  • Flood Zone: X
  • Headline: Semi Oceanfront. Great income
  • Heated Sq Ft: 3550
  • L V T Date: 11/21/2023
  • Sale/Rent: For Sale
  • Section: O
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: SFO
  • Advertised Income 2021: 149394
  • Deed Book Pg Number: 567
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Major Subdivision: Ocean Sands
  • Newpoint Media: Yes
  • Office License Number: C25379
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer, 2nd Dishwasher, 2nd Refrigerator
  • Bedrooms: 8
  • Countertops: Granite
  • Floor Coverings: Carpet, Ceramic Tile, Hardwood
  • Full Bathrooms: 8
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Gas Fireplace, Ensuite, Wet Bar
  • Partial Bathrooms: 2

Exterior Features

  • Homebuilder: Costin Creations
  • Construction: Frame
  • Pool: Yes
  • Pool: Private and Association
  • Pool Type: Outdoor, Heated, Private Pool, Association Pool
  • View: Ocean

Utilities

  • Cooling: Central, Heat Pump
  • Heating: Central, Heat Pump
  • Fuel Tanks: Leased
  • Sewer/Septic System: Private Sewer
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Common Insurance, Management, Pool, Tennis Courts, Walkways
  • Association Amenities: Outdoor-Comm. Pool, Outdoor-Comm. Tennis
  • Association Fee: Yes
  • Estimated Annual Fee: 904
  • Hoa Contact: Signature Touch
  • HOA Contact: 252.441.8857
  • Home Owner Dwelling Insurance: 4756

Lot Info

  • Lot Description: Corner
  • Lot Number: Lot 74
  • Deed Book: 1485

Rental Info

  • Est Annual Rental Income: 186398
  • Estimated Rental Performance: 0.1097
  • Flood Expenses: 692
  • Lease Terms: Weekly
  • Rental Co: Outer Banks Blue
  • Rental Cottage Name: A Summer Place
  • Rental Cottage Number: OL014
  • Rental Phone Number: (844) 557-3463
  • Rental Turnover Day: Saturday
  • Annual Cable TV Expense: 4056
  • Annual Electric: 4445
  • Rental Contact Email: miranda@outerbanksblue.com
  • Rental Contact Name: Miranda Mummert

Building Info

  • Year Built: 2016

Tax Info

  • Year: 2022
  • Taxes: 6086.71

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2023
Closed on
Jan 9, 2024
Sold by
Quartuccio Kennetha and Quartuccio Denise M
Bought by
Anne Louise Cecere Revocable Trust and Cecere
Seller's Agent
Inna Pencheva
Landmark Sotheby's Internation
Buyer's Agent
Stephanie Walker
Stephanie Walker and Associates
List Price
$1,699,000
Sold Price
$1,699,000
Views
8
Current Estimated Value
$1,698,553

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$447
Avg. Annual Appreciation
-0.01%
Original Mortgage
$1,250,000
Outstanding Balance
$1,224,206
Interest Rate
6.61%
Mortgage Type
Construction
Estimated Equity
$474,347

Purchase Details

Listed on
Oct 25, 2018
Closed on
Jun 3, 2019
Sold by
Gaither Norman and Gaither Rosemary
Bought by
Quartuccio Kenneth A and Quartuccio Denise M
Seller's Agent
Barry Breit
Carolina Designs Realty
Buyer's Agent
Inna Pencheva
Landmark Sotheby's Internation
List Price
$1,199,000
Sold Price
$1,050,000
Premium/Discount to List
-$149,000
-12.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.95%
Original Mortgage
$840,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 6, 2017
Sold by
R&N Nc Properties Llc
Bought by
Gaither Norman and Gaither Rosemary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,000
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 28, 2015
Closed on
May 2, 2016
Sold by
Paccagnini Gary J and Paccagnini Karen L
Bought by
R & N Nc Properties Llc
Seller's Agent
Janice Pappas
Beach Realty & Construction- Corolla
Buyer's Agent
Barry Breit
Carolina Designs Realty
List Price
$325,000
Sold Price
$270,000
Premium/Discount to List
-$55,000
-16.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.92%

Purchase Details

Closed on
May 28, 2002
Bought by
Paccagnini Gary and Paccagnini Karen
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Anne Louise Cecere Revocable Trust $1,699,000 None Listed On Document
Quartuccio Kenneth A $1,050,000 None Available
Gaither Norman -- Attorney
R & N Nc Properties Llc $270,000 Attorney
Paccagnini Gary $400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anne Louise Cecere Revocable Trust $1,250,000
Previous Owner Quartuccio Kenneth A $840,000
Previous Owner Gaither Norman $424,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/19/2024 01/19/24 Sold $1,699,000 0.0% $479 / Sq Ft
11/24/2023 11/24/23 Pending -- -- --
11/21/2023 11/21/23 For Sale $1,699,000 +61.8% $479 / Sq Ft
06/03/2019 06/03/19 Sold $1,050,000 -4.5% $296 / Sq Ft View Prior Sale
04/30/2019 04/30/19 Pending -- -- --
03/26/2019 03/26/19 Price Changed $1,099,000 -8.3% $310 / Sq Ft
10/25/2018 10/25/18 For Sale $1,199,000 +344.1% $338 / Sq Ft
05/02/2016 05/02/16 Sold $270,000 -16.9% -- View Prior Sale
03/03/2016 03/03/16 Pending -- -- --
09/28/2015 09/28/15 For Sale $325,000 -- --
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 $10,648 $936,300 $300,000 $636,300
2024 $10,648 $936,300 $300,000 $636,300
2023 $10,632 $936,300 $300,000 $636,300
2022 $7,675 $936,300 $300,000 $636,300
2021 $6,861 $722,200 $270,000 $452,200
2020 $5,425 $722,200 $270,000 $452,200
2019 $5,409 $716,200 $270,000 $446,200
2018 $3,911 $571,900 $270,000 $301,900
2017 $3,825 $270,000 $270,000 $0
2016 $1,566 $270,000 $270,000 $0
2015 -- $270,000 $270,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Outer Banks Association of REALTORS®

MLS Number: 123993

Outer Banks Association of REALTORS®

APN: 126A-000-0074-000O