NOT LISTED FOR SALE

Estimated Value: $1,843,000 - $2,217,000

7 Beds
8 Baths
3,515 Sq Ft
$586/Sq Ft Est. Value

Last Sold December 03, 2015

Last sale price $1,082,500 $308 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $12,720/month

230 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Second Refrigerator
  • Community Beach Access
  • In Ground Pool
  • Coastal Architecture

About This Home

As of December 2015

This luxurious Oceanfront, situated in the popular Ocean Sands community, offers gorgeous panoramic Ocean views from the living room, kitchen and dining area! Spend the day soaking up the sun on the beautiful beaches of Corolla...just steps from the house! The reverse floor plan lets you capture the Ocean views from almost every room on the top level! Cook up some local catch in the spacious Gourmet Kitchen, Stainless appliances, large Dining area and Breakfast Bar. The Living area has amazing views, Gas Fireplace, and sliding glass doors to the deck. The top floor also features a dining area, half bath and King Master Bedroom with Private Bath and deck access. The mid level offer an extra Den, 2 bedrooms with 4 Bunk Sets (2 sets of bunks in each), 2 Queen master bedrooms, deck access and a full hall bath. The ground level features a Game Room complete with Pool Table, Wet Bar, Den, 2 more Queen master bedrooms, laundry room, half bath and access to the pool deck. The fun continues outside with a 10x22 Private Pool, Hot Tub, and direct Beach Access! BRAND NEW HVAC (both systems replaced) inside and out - 2015! Ocean Sands Community Privileges are also yours for the taking; including community L shaped pool with added kiddie pool and tennis courts. Over $105,000 in Gross Rental Income for 2015 as of 3/6/15!

Last Agent to Sell the Property

Heather Sakers

Coldwell Banker Seaside Realty KH License #255119 Listed on: 03/06/2015

Coldwell Banker Seaside Realty KH

Co-Listed By

Charles Gill

Coldwell Banker Seaside Realty KH License #273660

Last Buyer's Agent

Ken Baittinger

Landmark Sotheby's International Realty License #275379

Landmark Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,002

Year Built

  • Built in 2004

Lot Details

  • Beach Front
  • Property fronts a private road
  • Level Lot

HOA Fees

  • $67 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 3,515 Sq Ft Home
  • Wet Bar
  • Furnished
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Library
  • Game Room
  • Ocean Views

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • En-Suite Primary Bedroom
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Parking

  • Paved Parking
  • Off-Street Parking

Pool

  • In Ground Pool
  • Outdoor Pool
  • Spa

Outdoor Features

  • Sun Deck
  • Covered Deck

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District for Water and Sewer

Listing and Financial Details

  • Tax Lot 77

Community Details

Overview

  • Association fees include management, pool, road maintenance, security, tennis courts, walkways
  • Bob Defazio Association, Phone Number (252) 453-2105
  • Ocean Sands Subdivision

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,002

Year Built

Built in 2004

Lot Details

0

HOA Fees

$67 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Directions: East onto Seabird (section O). Veer left on Ocean Lake Trail. Right on Wave Arch to Oceanfront.
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Covered Decks, Hot Tub, Jet Tub, Sun Deck
  • Flood Zone: AE, VE
  • Headline: OCEANFRONT BEAUTY
  • Heated Sq Ft: 3515
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Section: O
  • Waterfront Location: Oceanfront
  • Zoning: RES
  • Deed Book Pg Number: 816
  • Major Subdivision: Ocean Sands
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer, 2nd Refrigerator
  • Bedrooms: 7
  • Bedroom 1: King Mst, On Level: 3
  • Bedroom 2: Queen Mst, On Level: 2
  • Bedroom 3: Queen Mst, On Level: 2
  • Bedroom 4: Dbl Bunks, On Level: 2
  • Bedroom 5: Dbl Bunks, On Level: 2
  • Bedroom 6: Queen Mst, On Level: 1
  • Bedroom 7: Queen Mst, On Level: 1
  • Kitchen: Ocean View, On Level: 3
  • Floor Coverings: Carpet, Ceramic Tile, Hardwood
  • Foundation: Piling
  • Full Bathrooms: 6
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Dryer Connection, Gas Fireplace, Ensuite, Washer Connection, Wet Bar
  • Dining Room: Ocean View, On Level: 3
  • Family Room: Den, On Level: 2
  • Game Room: Pool Table, On Level: 1
  • Living Room: Ocean View, On Level: 3
  • Optional Rooms: Game Room, Library/Study
  • Partial Bathrooms: 2

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool: Private and Association
  • Pool Type: Outdoor, In Ground, Private Pool, Association Pool
  • Roof: Asphalt/Fiber Shingle
  • Sun Deck Size: Ocean View
  • View: Ocean

Garage/Parking

  • Parking: Paved, Off Street

Utilities

  • Cooling: Central, Zoned
  • Heating: Electric, Heat Pump, Zoned
  • Sewer/Septic System: Municipal Sewer
  • 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: 805
  • Hoa Contact: Bob DeFazio
  • HOA Contact: (252) 453-2105

Lot Info

  • Lot Description: Beach Frontage, Level, Water Frontage
  • Lot Number: Lot 77
  • Deed Book: 1150

Rental Info

  • Est Annual Rental Income: 119134
  • Estimated Rental Performance: 0.1101
  • Lease Terms: Weekly
  • Rental Co: Seaside Vacations
  • Rental Cottage Name: Oceans Eleven
  • Rental Cottage Number: 1677
  • Rental Phone Number: 252-261-5500
  • Rental Turnover Day: SAT
  • Yearly Expense Actual Estimate: Actual

Building Info

  • Year Built: 2004

Tax Info

  • Year: 2014
  • Taxes: 6001.8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2015
Closed on
Nov 30, 2015
Sold by
Mabry Jerry W and Emerson Zoe Fox
Bought by
Sandy Shores Llc
Seller's Agent
Heather Sakers
Coldwell Banker Seaside Realty KH
Buyer's Agent
Ken Baittinger
Landmark Sotheby's International Realty
List Price
$1,199,000
Sold Price
$1,082,500
Premium/Discount to List
-$116,500
-9.72%
Current Estimated Value
$2,060,979

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$978,479
Avg. Annual Appreciation
6.97%
Original Mortgage
$850,000
Outstanding Balance
$656,765
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,404,214

Purchase Details

Closed on
Jan 10, 2011
Sold by
Mabry Jerry M and Emerson Zoe Fox
Bought by
Mabry Jerry M and Emerson Zoe Fox

Purchase Details

Closed on
Jun 21, 2005
Sold by
Witt Monica M and Witt Daniel J
Bought by
Witt Monica M
Source: Public Records

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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
Sandy Shores Llc $1,082,500 Attorney
Mabry Jerry M -- None Available
Witt Monica M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sandy Shores Llc $850,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2015 12/03/15 Sold $1,082,500 -9.7% $308 / Sq Ft
10/22/2015 10/22/15 Pending -- -- --
03/06/2015 03/06/15 For Sale $1,199,000 -- $341 / Sq Ft
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
2024 $14,058 $1,246,400 $770,000 $476,400
2023 $13,026 $1,246,400 $770,000 $476,400
2022 $10,128 $1,246,400 $770,000 $476,400
2021 $8,843 $1,066,900 $700,000 $366,900
2020 $7,758 $1,066,900 $700,000 $366,900
2019 $7,758 $1,066,900 $700,000 $366,900
2018 $0 $1,066,900 $700,000 $366,900
2017 $7,304 $1,066,900 $700,000 $366,900
2016 $6,544 $1,066,900 $700,000 $366,900
2015 $6,002 $1,066,900 $700,000 $366,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 87059

Outer Banks Association of REALTORS®

APN: 126A-000-0077-000O