616 Tern Arch Unit 38 Corolla, NC 27927
Estimated Value: $740,000 - $888,600
5
Beds
3
Baths
1,941
Sq Ft
$416/Sq Ft
Est. Value
About This Home
This home is located at 616 Tern Arch Unit 38, Corolla, NC 27927 and is currently estimated at $808,400, approximately $416 per square foot. 616 Tern Arch Unit 38 is a home located in Currituck County with nearby schools including Knotts Island Elementary School, Currituck County Middle School, and Currituck County High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 30, 2023
Sold by
Mary Anne Hall Real Estate Trust and Charles Carter Hall Real Estate Trust
Bought by
Swenson Nicholas and Swenson Cheyenne
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$722,000
Outstanding Balance
$706,514
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$101,886
Purchase Details
Closed on
Jul 29, 2005
Sold by
Hall C Carter and Hall Mary Anne
Bought by
Hall C Carter and Hall Mary Anne
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 |
|---|---|---|---|
| Swenson Nicholas | $4,635,000 | None Listed On Document | |
| Swenson Nicholas | $4,635,000 | None Listed On Document | |
| Hall C Carter | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Swenson Nicholas | $722,000 | |
| Closed | Swenson Nicholas | $722,000 |
Source: Public Records
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 | $5,634 | $482,500 | $280,000 | $202,500 |
| 2023 | $5,291 | $482,500 | $280,000 | $202,500 |
| 2022 | $3 | $482,500 | $280,000 | $202,500 |
| 2021 | $3,662 | $401,800 | $225,000 | $176,800 |
| 2020 | $3,087 | $401,800 | $225,000 | $176,800 |
| 2019 | $3,083 | $401,800 | $225,000 | $176,800 |
| 2018 | $3,123 | $401,800 | $225,000 | $176,800 |
| 2017 | $2,903 | $401,800 | $225,000 | $176,800 |
| 2016 | $2,618 | $401,800 | $225,000 | $176,800 |
| 2015 | -- | $401,800 | $225,000 | $176,800 |
Source: Public Records
Map
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