NOT LISTED FOR SALE

622 Wave Arch Corolla, NC 27927

Estimated Value: $1,212,898 - $1,396,000

7 Beds
6.5 Baths
3,780 Sq Ft
$345/Sq Ft Est. Value

Last Sold January 16, 2018

Last sale price $715,000 $189 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $7,589/month

77 Days on Market

Highlights

  • Ocean View
  • In Ground Pool
  • Contemporary Architecture
  • Beach Access
  • Second Refrigerator
  • Cathedral Ceiling

About This Home

As of January 2018

Wind Dance is the best in class in so many ways! The location is just a few steps from the private beach. The rental income is outstanding! Offered by the original owner and builder, the condition is exceptional. The layout is perfect for families large and small and the finishes are tasteful, elegant and practical. The shipswatch offers views and is one of several places to relax with privacy. The open great room and kitchen have ample space and feature cathedral ceilings and abundant natural light. The south facing upper deck enjoys ocean views. The king master on the top floor has an adjacent private office. The mid level features 4 masters, 2 covered decks and a quiet den. On the ground level, the large game room opens to the pool area and has a pool table, wet bar and media area. The outdoor living area enjoys southern exposure for the 26 foot private pool, hot tub, grilling deck and outside shower with ample seating for all to enjoy. The Ocean Lakes pool and tennis are valuable and affordable amenities just steps away from this exceptional home.

Last Agent to Sell the Property

Gray Berryman

Carolina Designs Realty License #214315 Listed on: 09/03/2017

Last Buyer's Agent

Karen DelVacchio

Basnight Realty License #222123

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,046

Year Built

  • Built in 2003

Lot Details

  • 6,098

HOA Fees

  • $79 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 3,780 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Gas Fireplace
  • Window Treatments
  • Game Room
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Second Refrigerator
  • Ice Maker
  • Second Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • Tuck Under Parking
  • Paved Parking

Pool

  • In Ground Pool
  • Gunite Pool
  • Outdoor Pool
  • Spa

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District for Water and Sewer

Additional Features

  • Beach Access
  • Property fronts a private road

Listing and Financial Details

  • Tax Lot 72

Community Details

Overview

  • Association fees include common electric, common insurance, management, pool, road maintenance, tennis courts
  • Bob Defazio Association, Phone Number (252) 453-2105
  • Built by Finch and Company
  • Ocean Sands Subdivision

Recreation

  • Community Boardwalk
  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,046

Year Built

Built in 2003

Lot Details

0

HOA Fees

$79 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary
  • Directions: SEABIRD WAY, make right on Second Wave Arch, home is on the right.
  • Extras: Beach Access, Boardwalk to Beach, Hot Tub
  • Headline: Best in Class!
  • Heated Sq Ft: 3780
  • L V T Date: 09/03/2017
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Section: O
  • Waterfront Location: 3 - lots from oceanfront (4th row)
  • Zoning: Res
  • Deed Book Pg Number: 875
  • Major Subdivision: Ocean Sands
  • Office License Number: C6124
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer, 2nd Dishwasher, 2nd Refrigerator
  • Bedrooms: 7
  • Electronic Locks: Leased
  • Floor Coverings: Carpet, Tile, Hardwood
  • Foundation: Piling, Slab
  • Full Bathrooms: 6
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Gas Fireplace, Ice Maker Connection
  • Optional Rooms: Game Room, Shipswatch
  • Partial Bathrooms: 1

Exterior Features

  • Homebuilder: Finch and Company
  • Construction: Frame
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool: Private and Association
  • Pool Type: Outdoor, In Ground, Gunite, Private Pool, Association Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Parking: Paved, Under

Utilities

  • Cooling: Central, Heat Pump, Zoned
  • Heating: Electric, Heat Pump, Zoned
  • Sewer/Septic System: Municipal Sewer
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Common Electric, Common Insurance, Management, Pool, Road Maintenance, Tennis Courts
  • Association Amenities: Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Board Walk
  • Association Fee: Yes
  • Estimated Annual Fee: 950
  • Hoa Contact: Bob DeFazio
  • HOA Contact: 252 453 2105

Lot Info

  • Lot Number: Lot 72
  • Deed Book: 758

Rental Info

  • Est Annual Rental Income: 75620
  • Estimated Rental Performance: 0.1058
  • Lease Terms: Weekly
  • Rental Co: Carolina Designs
  • Rental Cottage Name: Wind Dance
  • Rental Cottage Number: 479
  • Rental Phone Number: 252-261-3934
  • Rental Turnover Day: Saturday
  • Rental Contact Email: elaine.breiholz@carolinadesigns.com
  • Rental Contact Name: Elaine Breiholz
  • Rental Contact Phone: 252 261 3934 x 6242

Building Info

  • Year Built: 2003

Tax Info

  • Year: 2017
  • Taxes: 4046

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2017
Closed on
Jan 12, 2018
Sold by
Finch Olin E and Finch Gergia C
Bought by
Ruff Ingvestments Llc
Seller's Agent
Gray Berryman
Carolina Designs Realty
Buyer's Agent
Karen DelVacchio
Basnight Realty
List Price
$738,000
Sold Price
$715,000
Premium/Discount to List
-$23,000
-3.12%
Current Estimated Value
$1,303,975

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$588,975
Avg. Annual Appreciation
7.84%
Original Mortgage
$572,000
Outstanding Balance
$479,941
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$824,034

Purchase Details

Closed on
Mar 22, 2004
Bought by
Finch Olin E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ruff Ingvestments Llc $715,000 None Available
Finch Olin E $47,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ruff Ingvestments Llc $572,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/16/2018 01/16/18 Sold $715,000 -3.1% $189 / Sq Ft
11/19/2017 11/19/17 Pending -- -- --
09/03/2017 09/03/17 For Sale $738,000 -- $195 / 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
2025 $8,389 $714,900 $235,000 $479,900
2024 $8,389 $714,900 $235,000 $479,900
2023 $8,373 $714,900 $235,000 $479,900
2022 $6,074 $714,900 $235,000 $479,900
2021 $5,320 $565,000 $185,000 $380,000
2020 $4,300 $565,000 $185,000 $380,000
2019 $4,300 $565,000 $185,000 $380,000
2018 $0 $565,000 $185,000 $380,000
2017 $4,046 $565,000 $185,000 $380,000
2016 $3,637 $565,000 $185,000 $380,000
2015 $3,345 $565,000 $185,000 $380,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 97669

Outer Banks Association of REALTORS®

APN: 126A-000-0072-000O