625 Wave Arch Corolla, NC 27927
Corolla NeighborhoodEstimated Value: $1,376,000 - $1,514,000
8
Beds
8.5
Baths
4,040
Sq Ft
$354/Sq Ft
Est. Value
Highlights
- Ocean View
- Outdoor Pool
- Hydromassage or Jetted Bathtub
- Beach Access
- Cathedral Ceiling
- Furnished
About This Home
As of October 2020This is the one you've been looking for! Very well maintained, just steps to the beach, forever ocean views without the maintenance of being oceanfront! Features include 8 bedrooms, 7 of which are masters and 5 have deck access, spacious living area(s), granite counter tops, gorgeous ocean views, mid-level den and rec room for plenty of room to spread out, pool and hot tub! The sunny front deck on the top level of the house is a great place to sit on chilly fall and winter days, making the house much more than a summer getaway. The roomy back deck on the top floor with the built in seating is cool and relaxing on those hot summer afternoons when you are done with the beach! It's just a short walk to a great beach access with a wide beach and high, protective dunes. The Ocean Lakes neighborhood has proven to be great - with contentious homeowners caring for their homes to keep them in top shape and little traffic it's ideal for homeowners and vacationers.
Last Agent to Sell the Property
EXP Realty, LLC - Coastal License #187811 Listed on: 08/21/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,664
Year Built
- Built in 2002
Lot Details
- Level Lot
HOA Fees
- $79 Monthly HOA Fees
Home Design
- Reverse Style Home
- Frame Construction
- Asphalt Shingled Roof
- Piling Construction
- Vinyl Construction Material
Interior Spaces
- 4,040 Sq Ft Home
- Furnished
- Cathedral Ceiling
- Ceiling Fan
- Gas Fireplace
- Window Treatments
- Entrance Foyer
- Library
- Game Room
- Ocean Views
- Fire and Smoke Detector
Kitchen
- Oven or Range
- Microwave
- Dishwasher
Flooring
- Carpet
- Tile
- Vinyl
Bedrooms and Bathrooms
- 8 Bedrooms
- En-Suite Primary Bedroom
- Hydromassage or Jetted Bathtub
Laundry
- Dryer
- Washer
Parking
- Tuck Under Parking
- Paved Parking
- Off-Street Parking
Pool
- Outdoor Pool
- Spa
- Outdoor Shower
Outdoor Features
- Beach Access
- Sun Deck
- Covered Deck
- Patio
- Exterior Lighting
Utilities
- Heat Pump System
- Municipal Utilities District for Water and Sewer
Listing and Financial Details
- Tax Lot 85
Community Details
Overview
- Association fees include common electric, common insurance, management, pool, road maintenance, tennis courts, walkways
- Signature Touch Association, Phone Number (252) 596-0007
- Ocean Sands Subdivision
Recreation
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 21, 2020
Closed on
Oct 19, 2020
Sold by
Kenton Kimann Randall and Kimann Randall Kenton
Bought by
Kavanagh Brian T and Kavanagh Mary P
Seller's Agent
Randy Jones
EXP Realty, LLC - Coastal
Buyer's Agent
Randy Jones
EXP Realty, LLC - Coastal
List Price
$879,900
Sold Price
$870,000
Premium/Discount to List
-$9,900
-1.13%
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
$560,953
Avg. Annual Appreciation
11.29%
Original Mortgage
$696,000
Outstanding Balance
$624,967
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$805,986
Purchase Details
Closed on
Sep 2, 2009
Sold by
Kenton Ricky L and Kenton Kimann R
Bought by
Kenton Kimann Randall and Revocable Trust Of Kimann Randall Kenton
Similar Homes in Corolla, NC
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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 |
|---|---|---|---|
| Kavanagh Brian T | $870,000 | None Available | |
| Kenton Kimann Randall | -- | None Available | |
| Kenton Richard Lee | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kavanagh Brian T | $696,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/26/2020 10/26/20 | Sold | $870,000 | -1.1% | $215 / Sq Ft |
| 08/22/2020 08/22/20 | Pending | -- | -- | -- |
| 08/21/2020 08/21/20 | For Sale | $879,900 | -- | $218 / 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 | $8,379 | $710,800 | $190,000 | $520,800 |
| 2023 | $8,379 | $710,800 | $190,000 | $520,800 |
| 2022 | $6,078 | $710,800 | $190,000 | $520,800 |
| 2021 | $5,324 | $613,000 | $180,000 | $433,000 |
| 2020 | $4,664 | $613,000 | $180,000 | $433,000 |
| 2019 | $4,649 | $613,000 | $180,000 | $433,000 |
| 2018 | $4,713 | $613,000 | $180,000 | $433,000 |
| 2017 | $4,389 | $613,000 | $180,000 | $433,000 |
| 2016 | $3,944 | $613,000 | $180,000 | $433,000 |
| 2015 | $3,625 | $613,000 | $180,000 | $433,000 |
Source: Public Records
Agents Affiliated with this Home
-
Randy Jones
Seller's Agent in 2020
Randy Jones
EXP Realty, LLC - Coastal
(252) 202-2573
31 in this area
116 Total Sales
-
Lynn Sherman
Seller Co-Listing Agent in 2020
Lynn Sherman
EXP Realty, LLC - Coastal
(252) 305-0222
30 in this area
110 Total Sales
Map
Source: Outer Banks Association of REALTORS®
MLS Number: 110683
APN: 126A-000-0085-000O
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