NOT LISTED FOR SALE

616 Mainsail Ln Corolla, NC 27927

Corolla Area

Estimated Value: $662,000 - $716,029

4 Beds
2 Baths
1,910 Sq Ft
$357/Sq Ft Est. Value

Sale Details

Date Sold: July 13, 2020

Last sale price $358,000 $187 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $4,152 / mo

420 Days on Market

Highlights

  • Community Beach Access
  • Ocean View
  • Coastal Architecture
  • Knotts Island Elementary School Rated 9+
  • In Ground Pool
  • Screened Porch

About This Home

As of July 2020

Seller is offering a $9,500 CLOSING CREDIT for the exterior paint and You get to choose the color! You will love this charming Ocean Sands 4 Bedroom, 2 Bath home with a reverse floor plan for maximum Ocean Views! Enjoy a relaxing day by the private pool sunning on the large deck space. A hot tub could easily be added as the wiring is already in place. After a short stroll to the ocean rinse off in one of the 2 outdoor showers with changing rooms then enjoy a friendly game of horseshoes or corn hole in the side yard. Savor the evening with dinner in the screened in porch while taking in the ocean views. This home offers a top floor living area with an open floor plan, gas fireplace, and master bedroom with full bathroom. The second floor has an additional family/game room, 3 bedrooms, full bath, and laundry area. You'll love the dry entry with a foyer and storage room/workshop. A blank canvas to create and decorate your own Outer Banks Beach Oasis! Many of the major/costly updates have already been completed: Both HVAC systems replaced Fall 2017, Roof Summer 2017, dual flush toilets Summer 2018, 2nd floor entry door Spring 2018, and Pool Pump (motor) and timer replaced Summer 2018. Home is sold unfurnished with the exception of the dining room table and benches. Other items will be negotiable.

Last Agent to Sell the Property

Emily Quinn Bray

Coldwell Banker Seaside Realty KH License #262971 Listed on: 04/05/2019

Coldwell Banker Seaside Realty KH

Last Buyer's Agent

Matt Myatt

Keller Williams Outer Banks KDH License #218707

Keller Williams Outer Banks KDH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,566

Year Built

  • Built in 1985

Lot Details

  • 7,400 Sq Ft Lot
  • Property fronts a private road
  • Level Lot

HOA Fees

  • $50 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Lap Siding
  • Piling Construction

Interior Spaces

  • 1,910 Sq Ft Home
  • Beamed Ceilings
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Workshop
  • Screened Porch
  • Carpet
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Laminate Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Tuck Under Parking
  • Paved Parking

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Patio
  • Storage Shed

Utilities

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

Listing and Financial Details

  • Tax Lot 272

Community Details

Overview

  • Association fees include grounds maintenance, road maintenance, security, tennis courts, walkways
  • Admin@Oshoa.Org Association
  • Ocean Sands Subdivision

Amenities

  • Common Area

Recreation

  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,566

Year Built

Built in 1985

Lot Details

7,400 Sq Ft Lot

HOA Fees

$50 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Directions: Heading North on NC-12: Turn Right onto Schooner Ridge Rd into Section E. 2nd right onto Mainsail Lane. Home is the 2nd on the Right.
  • Extras: Ceiling Fan(s), Outside Shower, Patio, Screened Porch, Storage Shed, Sun Deck, Dry Entry, Inside Laundry Room
  • Flood Zone: X
  • Headline: Choose Your Own Paint Color!
  • Heated Sq Ft: 1910
  • L V T Date: 04/05/2019
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Section: E
  • Waterfront Location: More than 5th row
  • Zoning: Res
  • Deed Book Pg Number: 478
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Major Subdivision: Ocean Sands
  • Newpoint Media: Yes
  • Office License Number: C7166
  • 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, Washer
  • Bedrooms: 4
  • Bedroom 1: On Level: 3
  • Bedroom 2: On Level: 2
  • Bedroom 3: On Level: 2
  • Bedroom 4: On Level: 2
  • Kitchen: On Level: 3
  • Countertops: Laminate
  • Floor Coverings: Carpet, Vinyl Tile
  • Foundation: Piling
  • Full Bathrooms: 2
  • Interior Amenities: 9' Ceilings, All Window Treatments, Beamed Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ice Maker Connection, Washer Connection
  • Dining Room: On Level: 3
  • Family Room: On Level: 2
  • Living Room: On Level: 3
  • Optional Rooms: Foyer, Workshop

Exterior Features

  • Construction: Frame
  • Exterior: Lap Siding
  • Pool: Yes
  • Pool: Private
  • Pool Type: In Ground, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Garage: Carport
  • Parking: Paved, Under

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Grounds Maintenance, Road Maintenance, Security, Tennis Courts, Walkways
  • Association Amenities: Ocean Access, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 600
  • Hoa Contact: admin@oshoa.org
  • Home Owner Dwelling Insurance: 1800

Lot Info

  • Estimated Lot Sq Ft: 7400
  • Lot Description: Level
  • Lot Faces: E
  • Lot Number: Lot 272
  • Estimated Lot Size: 0.17
  • Deed Book: 493

Rental Info

  • Est Annual Rental Income: 41410
  • Estimated Rental Performance: 0.1157
  • Flood Expenses: 675
  • Poolspa Expense: 2311
  • Yearly Expense Actual Estimate: Actual
  • Annual Cable TV Expense: 810
  • Annual Electric: 1527
  • Annual Telephone Expense: 430
  • Annual Water Expense: 825

Building Info

  • Year Built: 1985

Tax Info

  • Year: 2018
  • Taxes: 2566

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2019
Closed on
Jul 13, 2020
Sold by
Bought by
Seller's Agent
Emily Quinn Bray
Coldwell Banker Seaside Realty KH
Buyer's Agent
Matt Myatt
Keller Williams Outer Banks KDH
List Price
$374,900
Sold Price
$358,000
Premium/Discount to List
-$16,900
-4.51%
Current Estimated Value
$682,757

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$324,757
Avg. Annual Appreciation
11.36%
Original Mortgage
$286,400
Interest Rate
0.032%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 24, 2000
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$358,000 None Available
$209,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $208,684
Closed $286,400
Previous Owner $347,000
Previous Owner $255,610
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/13/2020 07/13/20 Sold $358,000 -4.5% $187 / Sq Ft
05/29/2020 05/29/20 Pending -- -- --
12/05/2019 12/05/19 For Sale $374,900 +4.7% $196 / Sq Ft
11/30/2019 11/30/19 Off Market $358,000 -- --
04/05/2019 04/05/19 For Sale $374,900 -- $196 / Sq Ft
Source: Outer Banks Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,711 $394,800 $170,000 $224,800
2024 $4,711 $394,800 $170,000 $224,800
2023 $4,695 $357,700 $170,000 $187,700
2022 $3,165 $357,700 $170,000 $187,700
2021 $2,793 $328,000 $160,000 $168,000
2020 $2,533 $328,000 $160,000 $168,000
2019 $2,533 $328,000 $160,000 $168,000
2018 $2,566 $328,000 $160,000 $168,000
2017 $2,382 $328,000 $160,000 $168,000
2016 $2,206 $328,000 $160,000 $168,000
2015 $2,037 $328,000 $160,000 $168,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 104576

Outer Banks Association of REALTORS®

APN: 126A-000-0272-000E

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