624 Ocean Front Arch Corolla, NC 27927
Corolla NeighborhoodEstimated Value: $844,000 - $1,071,000
6
Beds
4.5
Baths
3,128
Sq Ft
$306/Sq Ft
Est. Value
Highlights
- Community Beach Access
- Spa
- Cathedral Ceiling
- Ocean View
- Coastal Architecture
- Wood Flooring
About This Home
As of November 2020Super Spacious Six Bedroom home with ocean views and short walk to direct beach access. Custom built by one of the outer banks most iconic builders Alden Thornton. This home is in pristine condition and well loved by original owners! Thoughtful floor plan with plenty of elbow room inside and out, and lots of windows allowing for an abundance of natural light. Meticulously maintained and in the highly sought after section "O" (the recreational section) of Ocean Sands, near the Community Tennis Courts and Pool. Reverse floor plan with decks for days. The top floor boasts; hardwood floors, a wall of windows, cathedral ceiling, open floor plan, gas fireplace, and expansive master bedroom with ensuite and private deck access. Enjoy ocean views from the top level deck and crows nest that will dazzle your buyers. Mid Level Features 4 spacious bedrooms (1 is a master suite) with their own private deck access. Big Decks are the Calling Card of The Yellow House! Ground level has a recreation room with custom cabinetry and full size refrigerator, and 6th bedroom. Gently used as a primary residence, this home compares favorably against other homes that show the wear and tear of the seasonal rental season. Improvements include; New Hot Tub 2018. Upstairs HVAC new in 2016. Freshly Painted 2018. Full Kitchen remodel in 2010. To view aerial drone video please copy and paste the following link: https://youtu.be/sOU71kHmObw
Last Agent to Sell the Property
Coldwell Banker Seaside Realty - KDH License #207518 Listed on: 06/16/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,567
Year Built
- Built in 1998
Lot Details
- 6,500 Sq Ft Lot
- Lot Dimensions are 66x99
- Level Lot
HOA Fees
- $102 Monthly HOA Fees
Parking
- Off-Street Parking
Home Design
- Coastal Architecture
- Reverse Style Home
- Frame Construction
- Asphalt Shingled Roof
- Piling Construction
- Cement Board or Planked
Interior Spaces
- 3,128 Sq Ft Home
- Furnished
- Cathedral Ceiling
- Ceiling Fan
- Gas Fireplace
- Game Room
- Ocean Views
Kitchen
- Oven or Range
- Microwave
- Dishwasher
- Solid Surface Countertops
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- En-Suite Primary Bedroom
- Hydromassage or Jetted Bathtub
Laundry
- Laundry Room
- Dryer
- Washer
Pool
- Spa
- Outdoor Pool
- Outdoor Shower
Outdoor Features
- Sun Deck
- Covered Deck
- Exterior Lighting
Utilities
- Zoned Heating and Cooling
- Heat Pump System
- Municipal Utilities District Water
- Fuel Tank
- Community Sewer or Septic
Listing and Financial Details
- Tax Lot #27
Community Details
Overview
- Association fees include walkways
- Built by Alden Thornton
- Ocean Sands Subdivision
Recreation
- Community Beach Access
- Indoor Tennis Courts
- Community Indoor Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 16, 2020
Closed on
Nov 6, 2020
Sold by
Welpe Wayne L and Welpe Debra L
Bought by
Mcgill Hong A and Mcgill Maria H
Seller's Agent
Heather VanderMyde
Coldwell Banker Seaside Realty - KDH
Buyer's Agent
Melanie Day
Landmark Sotheby's International Realty
List Price
$549,900
Sold Price
$535,000
Premium/Discount to List
-$14,900
-2.71%
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
$421,353
Avg. Annual Appreciation
13.40%
Original Mortgage
$428,000
Outstanding Balance
$384,960
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$571,393
Purchase Details
Closed on
Oct 9, 1997
Bought by
Welpe Wayne L and Welpe Debra L
Similar Homes in Corolla, NC
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mcgill Hong A | $535,000 | None Available | |
| Welpe Wayne L | $88,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mcgill Hong A | $428,000 | |
| Previous Owner | Welpa Wayne L | $250,350 | |
| Previous Owner | Welpe Wayne L | $252,000 | |
| Previous Owner | Welpe Wayne L | $268,323 | |
| Previous Owner | Welpe Debra | $271,600 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/06/2020 11/06/20 | Sold | $535,000 | -2.7% | $171 / Sq Ft |
| 09/18/2020 09/18/20 | Pending | -- | -- | -- |
| 09/18/2020 09/18/20 | For Sale | $549,900 | 0.0% | $176 / Sq Ft |
| 08/24/2020 08/24/20 | Pending | -- | -- | -- |
| 08/07/2020 08/07/20 | Price Changed | $549,900 | -4.3% | $176 / Sq Ft |
| 06/16/2020 06/16/20 | For Sale | $574,900 | -- | $184 / 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 | $6,341 | $549,000 | $190,000 | $359,000 |
| 2023 | $6,341 | $549,000 | $190,000 | $359,000 |
| 2022 | $4,532 | $536,800 | $190,000 | $346,800 |
| 2021 | $3,980 | $477,800 | $180,000 | $297,800 |
| 2020 | $3,567 | $477,800 | $180,000 | $297,800 |
| 2019 | $3,567 | $477,800 | $180,000 | $297,800 |
| 2018 | $3,615 | $477,800 | $180,000 | $297,800 |
| 2017 | $3,356 | $477,800 | $180,000 | $297,800 |
| 2016 | $3,021 | $477,800 | $180,000 | $297,800 |
| 2015 | $2,806 | $477,800 | $180,000 | $297,800 |
Source: Public Records
Agents Affiliated with this Home
-
Heather VanderMyde
Seller's Agent in 2020
Heather VanderMyde
Coldwell Banker Seaside Realty - KDH
(252) 202-2375
101 in this area
465 Total Sales
-
Will Gregg
Seller Co-Listing Agent in 2020
Will Gregg
Coldwell Banker Seaside Realty - KDH
(252) 202-4966
20 in this area
80 Total Sales
-
Melanie Day
Buyer's Agent in 2020
Melanie Day
Landmark Sotheby's International Realty
(252) 207-6138
81 in this area
240 Total Sales
Map
Source: Outer Banks Association of REALTORS®
MLS Number: 109714
APN: 126A-000-0027-000O
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