NOT LISTED FOR SALE

627 Ocean Front Arch Corolla, NC 27927

Corolla Neighborhood

Estimated Value: $774,000 - $953,845

5 Beds
4 Baths
2,400 Sq Ft
$355/Sq Ft Est. Value

Last Sold April 30, 2021

Last sale price $770,000 $321 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $5,209/month

9 Days on Market

Highlights

  • Community Beach Access
  • Coastal Architecture
  • Corner Lot
  • Outdoor Pool
  • Cathedral Ceiling
  • Furnished

About This Home

As of April 2021

Prime location in Section O that is just steps to the beach access. This home had a through remodel two years ago and is continually maintained and updated by the current owner. Bedrooms have new private baths. Guests love hanging-out in tiki bar and pool area with artificial turf. Reverse floor plan with renovated kitchen and large living room. Top floor has large master bedroom. Mid floor has 3 bedrooms. First floor has large private bedroom. Large private deck areas on second and third floors with hot tub.

Last Agent to Sell the Property

Rebecca Woodson

OBHOA, LLC License #265716 Listed on: 03/05/2021

Co-Listed By

Gary Woodson

OBHOA, LLC License #262354

Last Buyer's Agent

Anna Hunt

Brindley Beach Vacations & Sal License #231616

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,066

Year Built

  • Built in 1996

Lot Details

  • Property fronts a private road
  • Corner Lot
  • Level Lot

HOA Fees

  • $127 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Reverse Style Home
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Lap Siding
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 2,400 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Game Room
  • Screened Porch
  • Washer and Dryer Hookup

Kitchen

  • Plumbed For Ice Maker
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • 4 Full Bathrooms

Parking

  • Paved Parking
  • Off-Street Parking

Pool

  • Outdoor Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Exterior Lighting

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Municipal Utilities District Water
  • Private Sewer

Listing and Financial Details

  • Tax Lot 42

Community Details

Overview

  • Association fees include management, road maintenance, security, walkways
  • Kathy Regan Association, Phone Number (252) 441-8857
  • Ocean Sands Subdivision

Amenities

  • Common Area

Recreation

  • Community Boardwalk
  • Community Beach Access
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,066

Year Built

Built in 1996

Lot Details

0

HOA Fees

$127 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary, Reverse Floor Plan, Coastal
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Covered Decks, Hot Tub, Outside Lighting, Outside Shower, Screened Porch, Sun Deck, Dry Entry
  • Flood Zone: X
  • Headline: Steps to the Beach
  • Heated Sq Ft: 2400
  • L V T Date: 03/05/2021
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Section: O
  • Waterfront Location: More than 5th row
  • Zoning: Res
  • Advertised Income 2021: 61595
  • Deed Book Pg Number: 938
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Major Subdivision: Ocean Sands
  • Newpoint Media: Yes
  • Office License Number: C19963
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Countertops: Granite
  • Floor Coverings: Carpet, Tile
  • Foundation: Piling, Slab
  • Full Bathrooms: 4
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Pantry, Some Windows Treated, Washer Connection
  • Optional Rooms: Game Room

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Lap Siding, Cement Fiber Board
  • Pool: Yes
  • Pool: Private and Association
  • Pool Type: Private Pool, Association Pool
  • Roof: Asphalt/Fiber Shingle

Garage/Parking

  • Garage: Attached, Carport
  • Parking: Paved, Off Street

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Management, Road Maintenance, Security, Walkways
  • Association Amenities: Ocean Access, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 1525
  • Hoa Contact: Kathy Regan
  • HOA Contact: (252) 441-8857

Lot Info

  • Lot Description: Corner, Level
  • Lot Number: Lot 42
  • Deed Book: 1366

Rental Info

  • Rental Co: Sun Realty

Building Info

  • Year Built: 1996

Tax Info

  • Year: 2020
  • Taxes: 3065.71

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2021
Closed on
Apr 29, 2021
Sold by
627 Ocean From Arch Llc
Bought by
Bearman Richard M and Bearman Karen L
Seller's Agent
Rebecca Woodson
OBHOA, LLC
Buyer's Agent
Anna Hunt
Brindley Beach Vacations & Sal
List Price
$799,000
Sold Price
$770,000
Premium/Discount to List
-$29,000
-3.63%
Current Estimated Value
$851,211

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,211
Avg. Annual Appreciation
2.33%
Original Mortgage
$548,250
Outstanding Balance
$497,143
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$354,068

Purchase Details

Closed on
May 25, 2016
Sold by
Lewis Kenneth L and Lewis Heather R
Bought by
627 Ocean Front Arch Llc

Purchase Details

Closed on
Jan 20, 2016
Sold by
Branch Banking And Trust Company
Bought by
Lewis Kenneth L and Lewis Heather R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,750
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 2015
Sold by
Katz Phyllis A and Katz Steven J
Bought by
Branch Banking & Trust Company
Source: Public Records

Range of Values:

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Average Value
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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
Bearman Richard M $770,000 None Available
627 Ocean Front Arch Llc -- Attorney
Lewis Kenneth L $305,000 None Available
Branch Banking & Trust Company $450,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bearman Richard M $548,250
Previous Owner Lewis Kenneth L $228,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2021 04/30/21 Sold $770,000 -3.6% $321 / Sq Ft
03/14/2021 03/14/21 Pending -- -- --
03/05/2021 03/05/21 For Sale $799,000 -- $333 / 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
2024 $5,439 $449,800 $180,000 $269,800
2023 $5,439 $449,800 $180,000 $269,800
2022 $3,971 $449,800 $180,000 $269,800
2021 $3,493 $393,500 $160,000 $233,500
2020 $3,066 $393,500 $160,000 $233,500
2019 $3,066 $393,500 $160,000 $233,500
2018 $3,106 $385,800 $160,000 $225,800
2017 $2,831 $385,800 $160,000 $225,800
2016 $2,553 $385,800 $160,000 $225,800
2015 $2,355 $385,800 $160,000 $225,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 113206

Outer Banks Association of REALTORS®

APN: 126A-000-0042-000O