Seller's Agent in 2022
Laurie Battaglia
Coastal Outer Banks Realty
(252) 207-5650
11 in this area
76 Total Sales
614 Tern Arch Corolla, NC 27927
Estimated Value: $1,698,000 - $1,844,000
8
Beds
8.5
Baths
4,664
Sq Ft
$377/Sq Ft
Est. Value
Highlights
- Community Beach Access
- Home Theater
- Rooftop Deck
- Ocean Front
- In Ground Pool
- Second Refrigerator
About This Home
As of December 2022Fantastic opportunity to own a solid investment property priced right! Fintastic Views is a semi-oceanfront with near oceanfront views! This turnkey property has gorgeous views, tasteful decor, a great pool area to include a tiki bar and ample play space both in the huge kitchen/dining/living area and the awesome gameroom with plenty of toys including a theater room! The exterior is super low maintenance, with turf for grass - meaning no trying to cut around chairs and no muddy feet in the dirt! You'll love the rooftop deck, ample parking, the easy ocean access and the FANTASTIC numbers this 8 bedroom/8 bathroom home produces. The owner has replaced nearly all the furnishings in the past two years, had a full house interior paint and plenty of other updates. Fintastic Views did $180,000 in owner rents in 2022 - and that is with some owner usage - and there is already $120,000 booked for 2023! The house is scheduled to be caulked and painted starting mid-October so if you get this under contract soon, you can assist in picking the color! Well-priced, solid investments are hard to come by in this market so hurry in to show this to your investor clients!
Last Agent to Sell the Property
Coastal Outer Banks Realty License #271667 Listed on: 09/28/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,238
Year Built
- Built in 2005
Lot Details
- Ocean Front
- Lot includes common area
- Level Lot
HOA Fees
- $75 Monthly HOA Fees
Parking
- Paved Parking
Home Design
- Coastal Architecture
- Reverse Style Home
- Asphalt Shingled Roof
- Lap Siding
- Piling Construction
Interior Spaces
- 4,664 Sq Ft Home
- Elevator
- Furnished
- Cathedral Ceiling
- Ceiling Fan
- Window Treatments
- Home Theater
- Game Room
- Ocean Views
- Fire and Smoke Detector
Kitchen
- Oven or Range
- Microwave
- Second Refrigerator
- Ice Maker
- Second Dishwasher
- Solid Surface Countertops
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 8 Bedrooms
Laundry
- Laundry Room
- Stacked Washer and Dryer
Pool
- In Ground Pool
- Outdoor Pool
- Spa
- Outdoor Shower
Outdoor Features
- Sun Deck
- Rooftop Deck
- Covered Deck
- Tiki or Chickee Hut
Utilities
- Central Heating and Cooling System
- Heat Pump System
- Municipal Utilities District for Water and Sewer
Listing and Financial Details
- Tax Lot 39
Community Details
Overview
- Association fees include common electric, grounds maintenance, management, tennis courts
- Kathy Regan Association
- Ocean Sands Subdivision
Recreation
- Community Beach Access
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 28, 2022
Closed on
Dec 20, 2022
Sold by
Montgomery-Richer Laura J
Bought by
Cjehn Sigma Llc
Seller's Agent
Laurie Battaglia
Coastal Outer Banks Realty
Buyer's Agent
Jon Frederick
Long & Foster Real Estate - Kitty Hawk / OBX
List Price
$1,900,000
Sold Price
$1,730,000
Premium/Discount to List
-$170,000
-8.95%
Views
3
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,748
Avg. Annual Appreciation
0.59%
Purchase Details
Listed on
Mar 8, 2020
Closed on
Nov 6, 2020
Sold by
Smith Robert Knickerbocker and Nortomaso Smith Angela
Bought by
Montgomery Richer Laura J
Seller's Agent
Anna Sadler
Atlantic Realty
Buyer's Agent
Laurie Battaglia
Coastal Outer Banks Realty
List Price
$1,290,000
Sold Price
$1,130,000
Premium/Discount to List
-$160,000
-12.4%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.13%
Original Mortgage
$510,400
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 27, 2008
Sold by
Smith Robert Knickerbocker and Nortomaso Smith Angela
Bought by
Smith Robert Knickerbocker and Nortomaso Smith Angela
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 |
|---|---|---|---|
| Cjehn Sigma Llc | $10,380,000 | -- | |
| Montgomery Richer Laura J | $1,130,000 | None Available | |
| Smith Robert Knickerbocker | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Montgomery Richer Laura J | $510,400 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/29/2022 12/29/22 | Sold | $1,730,000 | -8.9% | $371 / Sq Ft | |
| 11/13/2022 11/13/22 | Pending | -- | -- | -- | |
| 09/28/2022 09/28/22 | For Sale | $1,900,000 | +68.1% | $407 / Sq Ft | |
| 11/12/2020 11/12/20 | Sold | $1,130,000 | -5.0% | $242 / Sq Ft | View Prior Sale |
| 09/16/2020 09/16/20 | Pending | -- | -- | -- | |
| 06/08/2020 06/08/20 | Price Changed | $1,190,000 | -7.8% | $255 / Sq Ft | |
| 03/08/2020 03/08/20 | For Sale | $1,290,000 | -- | $277 / 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 |
|---|---|---|---|---|
| 2024 | $9,978 | $863,200 | $350,000 | $513,200 |
| 2023 | $9,251 | $863,200 | $350,000 | $513,200 |
| 2022 | $7,238 | $863,200 | $350,000 | $513,200 |
| 2021 | $6,331 | $681,500 | $300,000 | $381,500 |
| 2020 | $5,104 | $681,500 | $300,000 | $381,500 |
| 2019 | $5,104 | $681,500 | $300,000 | $381,500 |
| 2018 | $5,174 | $681,500 | $300,000 | $381,500 |
| 2017 | $4,804 | $681,500 | $300,000 | $381,500 |
| 2016 | $4,313 | $681,500 | $300,000 | $381,500 |
| 2015 | $3,963 | $681,500 | $300,000 | $381,500 |
Source: Public Records
Agents Affiliated with this Home
-
Laurie Battaglia
-
Jon Frederick
Buyer's Agent in 2022
Jon Frederick
Long & Foster Real Estate - Kitty Hawk / OBX
(703) 731-5947
5 in this area
85 Total Sales
-
Anna Sadler
Seller's Agent in 2020
Anna Sadler
Atlantic Realty
(252) 202-5264
3 in this area
21 Total Sales
Map
Source: Outer Banks Association of REALTORS®
MLS Number: 120446
APN: 126A-000-0039-000H
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