NOT LISTED FOR SALE

617 Topsail Arch Corolla, NC 27927

Estimated Value: $1,332,000 - $1,764,000

6 Beds
5.5 Baths
3,565 Sq Ft
$446/Sq Ft Est. Value

Last Sold February 23, 2021

Last sale price $825,000 $231 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $9,611/month

About This Home

As of February 2021

Comp Only, Ocean Sands oceanfront. Great views and centrally located.

Last Agent to Sell the Property

Matt Preston

Twiddy and Company - Corolla License #288364 Listed on: 01/01/2021

Last Buyer's Agent

Matt Preston

Twiddy and Company - Corolla License #288364 Listed on: 01/01/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,448

Year Built

  • Built in 1997

Lot Details

  • Ocean Front

HOA Fees

  • $50 Monthly HOA Fees

Interior Spaces

  • 3,565 Sq Ft Home
  • Furnished

Bedrooms and Bathrooms

  • 6 Bedrooms

Community Details

  • Kathy Regan Association
  • Built by Olin Finch
  • Ocean Sands Subdivision

Listing and Financial Details

  • Tax Lot N

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,448

Year Built

Built in 1997

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Class: RESIDENTIAL
  • Headline: Ocean Sands Oceanfront
  • Heated Sq Ft: 3565
  • L V T Date: 02/23/2021
  • Sale/Rent: For Sale
  • Section: E
  • Waterfront Location: Oceanfront
  • Zoning: Res
  • Deed Book Pg Number: 0030
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Major Subdivision: Ocean Sands
  • Newpoint Media: Yes
  • Office License Number: C4556
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 6
  • Full Bathrooms: 5
  • Furnishings Available: Yes
  • Partial Bathrooms: 1

Exterior Features

  • Homebuilder: Olin Finch

Condo/Co-op/Association

  • Association Fee: Yes
  • Estimated Annual Fee: 600
  • Hoa Contact: Kathy Regan
  • HOA Contact: Signature Touch

Lot Info

  • Lot Number: Lot N
  • Deed Book: 1544

Rental Info

  • Rental Co: Twiddy and Company

Building Info

  • Year Built: 1997

Tax Info

  • Year: 2020
  • Taxes: 7448

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 1, 2021
Closed on
Feb 17, 2021
Sold by
Summerton Jonathan E and The Jonathan E Summerton Revocable Trust
Bought by
Gay Patrick C and Mccloskey James R
Seller's Agent
Matt Preston
Twiddy and Company - Corolla
Buyer's Agent
Matt Preston
Twiddy and Company - Corolla
List Price
$825,000
Sold Price
$825,000
Current Estimated Value
$1,589,872

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$764,872
Avg. Annual Appreciation
15.19%
Original Mortgage
$548,250
Outstanding Balance
$489,925
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$1,099,947

Purchase Details

Closed on
Jul 1, 2020
Sold by
Summerton Jonathan E
Bought by
Summerton Jonathan E and The Jonathan E Summerton Revoc

Purchase Details

Closed on
Jun 25, 2012
Sold by
Dances With Waves Llc
Bought by
Summerton Jonathan E

Purchase Details

Closed on
Dec 1, 2005
Sold by
Summerton Jonthan E and Summerton Dorothy J
Bought by
Dances With Wavse Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
6.23%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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

Date Buyer Sale Price Title Company
Gay Patrick C $825,000 None Available
Summerton Jonathan E -- None Available
Summerton Jonathan E -- None Available
Dances With Wavse Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gay Patrick C $548,250
Previous Owner Dances With Wavse Llc $440,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/23/2021 02/23/21 Sold $825,000 0.0% $231 / Sq Ft
01/01/2021 01/01/21 Pending -- -- --
01/01/2021 01/01/21 For Sale $825,000 -- $231 / 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 $13,588 $1,204,500 $770,000 $434,500
2023 $13,588 $1,199,000 $770,000 $429,000
2022 $9,748 $1,199,000 $770,000 $429,000
2021 $6,193 $1,036,100 $700,000 $336,100
2020 $7,448 $1,036,100 $700,000 $336,100
2019 $7,452 $1,036,100 $700,000 $336,100
2018 $7,560 $1,036,100 $700,000 $336,100
2017 $7,021 $1,036,100 $700,000 $336,100
2016 $6,285 $1,036,100 $700,000 $336,100
2015 $5,768 $1,036,100 $700,000 $336,100
Source: Public Records

Agents Affiliated with this Home

  • Matt Preston

    Seller's Agent in 2021

    Matt Preston

    Twiddy and Company - Corolla

    (252) 207-6143

    36 in this area

    161 Total Sales

    Matt Preston
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 113023

Outer Banks Association of REALTORS®

APN: 126A-000-000N-000E

North Carolina Currituck County Corolla 27927

617 Topsail Arch, Corolla, NC

This home is located at 617 Topsail Arch, Corolla, NC 27927 since 01 January 2021 and is currently estimated at $1,589,872, approximately $445 per square foot. This property was built in 1997. 617 Topsail Arch is a home located in Currituck County with nearby schools including Knotts Island Elementary School, Currituck County Middle School, and Currituck County High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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