Buyer's Agent in 2022
Randy Gonse
Own Real Estate of NC, LLC
(757) 729-2171
1 in this area
90 Total Sales
624 Tern Arch Corolla, NC 27927
Estimated Value: $753,000 - $831,000
5
Beds
4
Baths
2,300
Sq Ft
$349/Sq Ft
Est. Value
Highlights
- Community Beach Access
- In Ground Pool
- Cathedral Ceiling
- Ocean View
- Coastal Architecture
- Hydromassage or Jetted Bathtub
About This Home
As of November 2022The undeveloped land behind this home makes for a beautiful setting, views, and a tranquil atmosphere. Being just 6 homes from the ocean front, this home offers your guests an easy walk to the beach and a lot of amenities - Private Pool, Hot Tub and a Jacuzzi room with windows looking out on the undeveloped Dunes behind the home! Enter the home from the carport and you will find a large storage room and a King MBR right on the first floor! On the second level, you will find a King MBR, a Duo Bunk Room, a Pyramid Bunk Room, and the Jacuzzi Room. On the top level, the home boasts a Queen MBR and a spacious, open floor plan with Kitchen, dining, living area, a Ship's Watch, and a screened porch. Take advantage of the spacious top deck to watch the sun rise and to gaze at the ocean view and undeveloped dunes behind the home. The mid-level deck provides for outdoor space out of the sun to relax and read a book. The home has been used as a permanent residence since purchased and is very nicely appointed. However, the home has been added to Village Realty's Rental Program for 2022 and will begin renting in July. You and your guests will be close to the Corolla bike path, Corolla Village for shopping, dining, and entertainment. Don't miss seeing this one!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,127
Year Built
- Built in 1988
Lot Details
- 5,750 Sq Ft Lot
- Level Lot
HOA Fees
- $75 Monthly HOA Fees
Home Design
- Coastal Architecture
- Reverse Style Home
- Frame Construction
- Asphalt Shingled Roof
- Shake Siding
- Piling Construction
Interior Spaces
- 2,300 Sq Ft Home
- Furnished
- Cathedral Ceiling
- Ceiling Fan
- Wood Burning Fireplace
- Window Treatments
- Screened Porch
- Carpet
- Ocean Views
- Fire and Smoke Detector
Kitchen
- Oven or Range
- Microwave
- Ice Maker
- Dishwasher
- Granite Countertops
Bedrooms and Bathrooms
- 5 Bedrooms
- En-Suite Primary Bedroom
- 4 Full Bathrooms
- Hydromassage or Jetted Bathtub
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- Tuck Under Parking
- Paved Parking
- Off-Street Parking
Pool
- In Ground Pool
- Outdoor Pool
- Vinyl Pool
- Spa
- Outdoor Shower
Outdoor Features
- Sun Deck
- Covered Deck
Utilities
- Forced Air Heating and Cooling System
- Heat Pump System
- Water Filtration System
- Municipal Utilities District Water
- Fuel Tank
- Community Sewer or Septic
Listing and Financial Details
- Tax Lot : 34
Community Details
Overview
- Association fees include road maintenance, sewer/septic, tennis courts, walkways
- Signature Touch Helen Regan Association, Phone Number (252) 441-8857
- Ocean Sands Subdivision
Recreation
- Community Boardwalk
- Community Beach Access
- Tennis Courts
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 24, 2022
Closed on
Nov 16, 2022
Sold by
Lightner Michael T and Lightner Amelia A
Bought by
Building Capital Llc
Buyer's Agent
Randy Gonse
Own Real Estate of NC, LLC
List Price
$859,900
Sold Price
$800,000
Premium/Discount to List
-$59,900
-6.97%
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
$3,348
Avg. Annual Appreciation
0.14%
Original Mortgage
$560,000
Outstanding Balance
$542,603
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$260,745
Purchase Details
Listed on
Jul 13, 2020
Closed on
Sep 25, 2020
Sold by
Gcjobx Llc
Bought by
Lightner Michael T and Lightner Amelia A
Seller's Agent
Sarah Spencer
Keller Williams - Outer Banks
List Price
$549,000
Sold Price
$540,000
Premium/Discount to List
-$9,000
-1.64%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.26%
Original Mortgage
$432,000
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 15, 2018
Sold by
Hampton Richard J and Hampton Judy H
Bought by
Gcjobx Llc
Purchase Details
Closed on
Nov 1, 2013
Sold by
Hampton Judy H and Hampton Richard J
Bought by
Hampton Richard J and Hampton Judy Y
Purchase Details
Closed on
Aug 21, 2007
Sold by
Snipes Christopher K and Snipes Kathryn A
Bought by
Hampton Judy H and Hampton Richard J
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Building Capital Llc | $1,600 | -- | |
| Lightner Michael T | $540,000 | None Available | |
| Gcjobx Llc | $480,000 | None Available I | |
| Hampton Richard J | -- | None Available | |
| Hampton Judy H | $625,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Building Capital Llc | $560,000 | |
| Previous Owner | Lightner Michael T | $432,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/16/2022 11/16/22 | Sold | $800,000 | -4.2% | $348 / Sq Ft | |
| 09/14/2022 09/14/22 | Pending | -- | -- | -- | |
| 07/29/2022 07/29/22 | Price Changed | $834,900 | -2.9% | $363 / Sq Ft | |
| 06/24/2022 06/24/22 | For Sale | $859,900 | +59.2% | $374 / Sq Ft | |
| 09/30/2020 09/30/20 | Sold | $540,000 | -1.6% | $235 / Sq Ft | View Prior Sale |
| 07/28/2020 07/28/20 | Pending | -- | -- | -- | |
| 07/13/2020 07/13/20 | For Sale | $549,000 | -- | $239 / 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 | $4,841 | $396,900 | $180,000 | $216,900 |
| 2023 | $4,488 | $396,900 | $180,000 | $216,900 |
| 2022 | $3,558 | $396,900 | $180,000 | $216,900 |
| 2021 | $3,127 | $355,400 | $160,000 | $195,400 |
| 2020 | $2,790 | $355,400 | $160,000 | $195,400 |
| 2019 | $2,790 | $355,400 | $160,000 | $195,400 |
| 2018 | $2,826 | $355,400 | $160,000 | $195,400 |
| 2017 | $2,624 | $355,400 | $160,000 | $195,400 |
| 2016 | $2,368 | $355,400 | $160,000 | $195,400 |
| 2015 | -- | $355,400 | $160,000 | $195,400 |
Source: Public Records
Agents Affiliated with this Home
-
Randy Gonse
-
Sarah Spencer
Seller's Agent in 2020
Sarah Spencer
Keller Williams - Outer Banks
(252) 202-3357
109 in this area
325 Total Sales
Map
Source: Outer Banks Association of REALTORS®
MLS Number: 119458
APN: 126A-000-0034-000H
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Information is deemed reliable but not guaranteed.
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