NOT LISTED FOR SALE

620 Ocean Front Arch Corolla, NC 27927

Corolla Neighborhood

Estimated Value: $1,116,000 - $1,272,000

6 Beds
5.5 Baths
3,045 Sq Ft
$392/Sq Ft Est. Value

Last Sold October 12, 2021

Last sale price $1,100,000 $361 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $7,240/month

63 Days on Market

About This Home

As of October 2021

Come see "Atlantic Coast Cottage" before its gone. Being only 175 feet to the beach access, "Atlantic Coast Cottage", is worth your time to view. This home has had a tremendous about of upgrades done within the last few years. Built with hardie plank siding this home can withstand the harshest winds on the Outer Banks. This 6 bedroom home is complete with three common areas for all guests and owners to have plenty of room to enjoy. This beauty also has a large concrete pool, outdoor entertainment area and hot tub for everyone to relax by if they decide to take a break from the beach. Located close to shopping, restaurants and outdoor activities. "Atlantic Coast Cottage" also has access to a massive community pool and tennis courts. Opportunities are only moments away. Come see "Atlantic Coast Cottage" before its gone. New roof, LTV flooring, HVAC system, concrete around the pool as well as recently replastered. This home really is turnkey.

Last Agent to Sell the Property

Tim Lancsek

Surfside Realty License #210399 Listed on: 05/11/2021

Surfside Realty

Last Buyer's Agent

Kaleigh DiPietro

Twiddy and Co. - Duck License #311308

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,976

Year Built

  • Built in 1997

Lot Details

  • 3,049

HOA Fees

  • $127 Monthly HOA Fees

Interior Spaces

  • 3,045 Sq Ft Home
  • Furnished

Bedrooms and Bathrooms

  • 6 Bedrooms

Additional Features

  • Outdoor Pool
  • 3,049 Sq Ft Lot

Listing and Financial Details

  • Tax Lot 29

Community Details

Overview

  • Signature Touch Properties Association, Phone Number (252) 441-8557
  • Ocean Sands Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,976

Year Built

Built in 1997

Lot Details

0

HOA Fees

$127 per month

Listing Details

  • Class: RESIDENTIAL
  • Headline: 175 feet to the Beach Access!!
  • Heated Sq Ft: 3045
  • L V T Date: 05/11/2021
  • Sale/Rent: For Sale
  • Section: O
  • Waterfront Location: 2 - lots from oceanfront (3rd row
  • Zoning: Residentia
  • Advertised Income 2021: 91310
  • Deed Book Pg Number: 11
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Major Subdivision: Ocean Sands
  • Newpoint Media: Yes
  • Office License Number: C21933
  • 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

  • Pool: Yes
  • Pool: Private and Association
  • Pool Type: Private Pool, Association Pool

Condo/Co-op/Association

  • Association Fee: Yes
  • Estimated Annual Fee: 1525
  • Hoa Contact: Signature Touch Properties
  • HOA Contact: 252-441-8557

Lot Info

  • Lot Number: Lot 29
  • Estimated Lot Size: 0.07
  • Deed Book: 905

Rental Info

  • Est Annual Rental Income: 113435
  • Estimated Rental Performance: 0.1031
  • Rental Co: Twiddy and Company
  • Rental Cottage Name: Atlantic Coast Cottage
  • Rental Cottage Number: GOL29
  • Rental Phone Number: 252-457-1200
  • Rental Turnover Day: Saturday

Building Info

  • Year Built: 1997

Tax Info

  • Year: 2020
  • Taxes: 3976.43

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2021
Closed on
Sep 20, 2021
Sold by
Munter David W and Munter Diane V
Bought by
Sommers Richard D and Sommers Theresa R
Seller's Agent
Tim Lancsek
Surfside Realty
Buyer's Agent
Kaleigh DiPietro
Twiddy and Co. - Duck
List Price
$1,099,900
Sold Price
$1,100,000
Premium/Discount to List
$100
0.009%
Current Estimated Value
$1,194,694

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,694
Avg. Annual Appreciation
2.14%
Original Mortgage
$880,000
Outstanding Balance
$804,217
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$390,477

Purchase Details

Closed on
Sep 9, 2005
Sold by
Munter David W and Munter Diane V
Bought by
Munter Diane
Source: Public Records

Range of Values:

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Average Value
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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

Date Buyer Sale Price Title Company
Sommers Richard D $1,100,000 None Available
Munter Diane -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sommers Richard D $880,000
Previous Owner Munter David $458,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2021 10/12/21 Sold $1,100,000 0.0% $361 / Sq Ft
07/13/2021 07/13/21 Pending -- -- --
05/11/2021 05/11/21 For Sale $1,099,900 -- $361 / 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 $7,393 $627,900 $275,000 $352,900
2023 $7,393 $627,900 $275,000 $352,900
2022 $5,362 $627,900 $275,000 $352,900
2021 $4,701 $522,300 $225,000 $297,300
2020 $3,976 $522,300 $225,000 $297,300
2019 $3,976 $522,300 $225,000 $297,300
2018 $4,030 $522,300 $225,000 $297,300
2017 $3,742 $522,300 $225,000 $297,300
2016 $3,374 $522,300 $225,000 $297,300
2015 $3,097 $522,300 $225,000 $297,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 114334

Outer Banks Association of REALTORS®

APN: 126A-000-0029-000O