NOT LISTED FOR SALE

620 Tide Arch Corolla, NC 27927

Estimated Value: $1,420,962 - $1,533,000

0.14 Acre
$10,487,436 Price per Acre
6,014 Sq Ft Lot

Last Sold July 31, 2019

Last sale price $277,000

Est. 430% increase in value since last sale

Current estimated payment $8,653/month

43 Days on Market

Highlights

  • Community Beach Access
  • Community Pool
  • Level Lot
  • Ocean Front
  • Tennis Courts

About This Lot

As of July 2019

Corolla Semi Oceanfront Lot! Direct Beach Access. Community Pool and Tennis. Wide Sandy Beaches. This property is cleared and ready to build. May accomodate up to a 7 bedroom home with pool. Similar homes in the neighborhood have very high rentals and are producing well. This is an affordable property that gets you close to the beach. Community has great amenities such as outdoor pool, outdoor tennis courts and ocean access. Section O is just a quick drive to everything in Corolla such as shopping, restaurants, entertainment and more. Great investment and rental potential...buy now and hold or build your dream home!

Last Agent to Sell the Property

Brad Beacham

Landmark Sotheby's Internation License #194377 Listed on: 01/22/2019

Landmark Sotheby's Internation

Co-Listed By

Cameron Griggs

Coldwell Banker Seaside Realty KH License #294636

Last Buyer's Agent

Four Seasons Realty

Four Seasons Realty License #177785

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,890

Lot Details

  • 6,014 Sq Ft Lot
  • Ocean Front
  • Level Lot
  • Cleared Lot

HOA Fees

  • $79 Monthly HOA Fees

Additional Features

  • Ocean Views
  • Municipal Utilities District for Water and Sewer

Community Details

Overview

  • Association fees include common electric, common insurance, management, pool, road maintenance, security, tennis courts, walkways
  • Signature Touch Association, Phone Number (252) 441-8857
  • Ocean Sands Subdivision

Recreation

  • Community Beach Access
  • Tennis Courts
  • Community Pool

Property Details

Property Type

Land

Est. Annual Taxes

$1,890

Lot Details

0

HOA Fees

$79 per month

Listing Details

  • Class: LOTS/LAND
  • Directions: SECT O. East on Seabird, Continue on Ocean Lake Trail. Right on Tide Arch
  • Flood Zone: X
  • Subdivision Name: Ocean Lakes Subdivision of Ocean Sands
  • Headline: Semi Oceanfront Homesite!
  • L V T Date: 01/24/2019
  • Phase: 4-A
  • Roads: Paved
  • Sale/Rent: For Sale
  • Section: O
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: Res
  • Deed Book Pg Number: 138
  • 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: LotsLands

Exterior Features

  • View: Ocean

Utilities

  • Sewer/Septic System: Municipal Sewer
  • Water: Municipal
  • Electric: Available

Condo/Co-op/Association

  • Association Amenities: Ocean Access, Outdoor-Comm. Tennis, Outdoor-Comm. Pool
  • Association Fee: Yes
  • Estimated Annual Fee: 950
  • Hoa Contact: Signature Touch
  • HOA Contact: 252-441-8857
  • Fee Includes: Common Electric, Common Insurance, Management, Pool, Road Maintenance, Security, Tennis Courts, Walkways

Lot Info

  • Estimated Lot Sq Ft: 6014
  • Lot Description: Level, Cleared
  • Estimated Lot Size: 0.14
  • Deed Book: 971
  • Unit/Lot Number: Lot 135

Tax Info

  • Year: 2018
  • Taxes: 1890

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2019
Closed on
Jul 31, 2019
Sold by
Coastland Development And Sales Inc
Bought by
Kanzer Andrew
Seller's Agent
Brad Beacham
Landmark Sotheby's Internation
Buyer's Agent
Four Seasons Realty
Four Seasons Realty
List Price
$289,000
Sold Price
$277,000
Premium/Discount to List
-$12,000
-4.15%
Current Estimated Value
$1,468,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,191,241
Avg. Annual Appreciation
29.56%
Original Mortgage
$784,017
Outstanding Balance
$683,623
Interest Rate
3.8%
Mortgage Type
Commercial
Estimated Equity
$784,618
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kanzer Andrew $277,000 None Available
Coastland Development And Sales Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kanzer Andrew $784,017
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2019 07/31/19 Sold $277,000 -4.2% --
03/06/2019 03/06/19 Pending -- -- --
01/22/2019 01/22/19 For Sale $289,000 -- --
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
2025 $10,852 $937,200 $300,000 $637,200
2024 $10,852 $937,200 $300,000 $637,200
2023 $10,836 $937,200 $300,000 $637,200
2022 $7,830 $937,200 $300,000 $637,200
2021 $6,846 $678,900 $270,000 $408,900
2020 $5,207 $678,900 $270,000 $408,900
2019 $1,863 $270,000 $270,000 $0
2018 $1,890 $270,000 $270,000 $0
2017 $1,755 $270,000 $270,000 $0
2016 $1,566 $270,000 $270,000 $0
2015 $1,431 $270,000 $270,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 103408

Outer Banks Association of REALTORS®

APN: 126A-000-0135-000O