Seller's Agent in 2023
Karen Etheridge
Sun Realty - Kitty Hawk / Currituck
(252) 202-3073
5 in this area
120 Total Sales
616 Tern Arch Corolla, NC 27927
Estimated Value: $740,000 - $888,600
5
Beds
3
Baths
1,760
Sq Ft
$459/Sq Ft
Est. Value
Highlights
- Community Beach Access
- Outdoor Pool
- Furnished
- Ocean View
- Hydromassage or Jetted Bathtub
- Tennis Courts
About This Home
As of September 2023This bright and airy five bedroom, three bath beach house is only 150 feet from the wide, soft sandy beach access. This home features spectacular ocean views and a large private pool (14 X 25). This home is located in the popular Corolla community of Ocean Sands. This well maintained home features a reverse floor plan which allows you to take advantage of the unobstructed views of the Atlantic Ocean and the abundant sea life. Relax on the spacious sun deck or take a dip in the pool or relax in the hot tub. Enjoy a leisurely stroll to the beach while searching for sea glass or that special seashell that you have been trying to find. Salt air & Sea breezes makes this home unique. Ocean Lakes Swim & Tennis club fee is $925.00 yearly and it is grandfathered in and will convey with the sale. Very tough to obtain a membership currently.
Last Agent to Sell the Property
Sun Realty - Kitty Hawk / Currituck License #192289 Listed on: 07/31/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,167
Year Built
- Built in 1987
Lot Details
- 6,900 Sq Ft Lot
- Lot Dimensions are 60 x 115
- Cul-De-Sac
- Level Lot
- Property is zoned SFO
HOA Fees
- $78 Monthly HOA Fees
Parking
- Paved Parking
Home Design
- Reverse Style Home
- Frame Construction
- Asphalt Shingled Roof
- Lap Siding
- Shake Siding
- Piling Construction
Interior Spaces
- 1,760 Sq Ft Home
- Furnished
- Ceiling Fan
- Skylights
- Gas Fireplace
- Window Treatments
- Ocean Views
- Fire and Smoke Detector
Kitchen
- Oven or Range
- Dishwasher
- Laminate Countertops
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
- Hydromassage or Jetted Bathtub
Laundry
- Laundry Room
- Dryer
- Washer
Pool
- Outdoor Pool
- Spa
- Outdoor Shower
Outdoor Features
- Sun Deck
- Storage Shed
Utilities
- Zoned Heating and Cooling System
- Heat Pump System
- Municipal Utilities District Water
- Fuel Tank
- Community Sewer or Septic
Listing and Financial Details
- Tax Lot #38
Community Details
Overview
- Association fees include common electric, common insurance, management, road maintenance, tennis courts, walkways
- Signature Touch Association, Phone Number (252) 441-8857
- Ocean Sands Subdivision
Recreation
- Community Boardwalk
- Community Beach Access
- Tennis Courts
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 31, 2023
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
Seller's Agent
Karen Etheridge
Sun Realty - Kitty Hawk / Currituck
Buyer's Agent
Jon Frederick
Long & Foster Real Estate - Kitty Hawk / OBX
List Price
$899,000
Sold Price
$927,000
Premium/Discount to List
$28,000
3.11%
Views
63
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
-$118,600
Avg. Annual Appreciation
-6.40%
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
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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
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/15/2023 09/15/23 | Sold | $927,000 | +3.1% | $527 / Sq Ft |
| 08/06/2023 08/06/23 | Pending | -- | -- | -- |
| 07/31/2023 07/31/23 | For Sale | $899,000 | -- | $511 / 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 | $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
Agents Affiliated with this Home
-
Karen Etheridge
-
Jon Frederick
Buyer's Agent in 2023
Jon Frederick
Long & Foster Real Estate - Kitty Hawk / OBX
(703) 731-5947
5 in this area
85 Total Sales
Map
Source: Outer Banks Association of REALTORS®
MLS Number: 122967
APN: 126A-000-0038-000H
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