NOT LISTED FOR SALE

627 Wave Arch Corolla, NC 27927

Estimated Value: $928,000 - $948,214

7 Beds
4 Baths
2,520 Sq Ft
$372/Sq Ft Est. Value

Last Sold March 03, 2022

Last sale price $910,000 $361 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $5,564/month

149 Days on Market

Highlights

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

About This Home

As of March 2022

Turn-key Ocean Lakes (section O) of Ocean Sands vacation home now available! Fresh and well-maintained, this property features 7 bedrooms (2 en suite), 4 bathrooms, reverse floor plan, game room, private pool & hot tub, ocean views and a short walk to the beach or the community pool and tennis courts. Ideally suited as a vacation rental, there is a spacious primary en Suite on the upper level with deck access, along with a large family room boasting cathedral ceilings, a gas fireplace, and deck access. The adjacent kitchen features natural wood cabinetry, stainless appliances and an island with additional prep space and seating. The dining area offers large windows highlighting the views over the green space buffer out to the ocean. The main living areas are tied together with warm toned LVT flooring and natural wood wainscotting. The mid-level features 4 more bedrooms- 2 guest rooms, another en suite with covered deck access, and a combo den/bedroom with covered deck access. There is also a hall full bathroom and laundry on this level. On the ground level are the remaining two bedrooms which share a full bathroom, and the game room with convenient wet bar and access to the covered patio and hot tub. The 22x10’ pool area is completely fenced and offers southern exposure for maximum sun throughout the day. Open, airy, and comfortable, “Fish Tales” offers the vacation rental investor the opportunity to own a move-in ready, x-flood zone property. Ocean views, 425’ to the beach, Ocean Lakes swim & tennis amenities, and proximity to restaurants, shopping, and attractions, make this property one you won’t want to get away!

Last Agent to Sell the Property

Matt Myatt

Keller Williams - Outer Banks License #218707 Listed on: 08/25/2021

Keller Williams - Outer Banks

Co-Listed By

Terry Blocher

Keller Williams - Outer Banks License #271673

Last Buyer's Agent

Jessica Evans

License #314622

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,918

Year Built

  • Built in 2001

Lot Details

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

HOA Fees

  • $127 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Vinyl Construction Material

Interior Spaces

  • 2,520 Sq Ft Home
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Game Room
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • En-Suite Primary Bedroom
  • 4 Full Bathrooms
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Parking

  • Paved Parking
  • Off-Street Parking

Pool

  • In Ground Pool
  • Fiberglass 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
  • Community Sewer or Septic

Listing and Financial Details

  • Tax Lot # 84

Community Details

Overview

  • Association fees include pool, road maintenance, security, tennis courts, walkways
  • Signature Touch Association
  • Ocean Sands Subdivision

Recreation

  • Community Boardwalk
  • Community Beach Access
  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,918

Year Built

Built in 2001

Lot Details

6,098 Sq Ft Lot

HOA Fees

$127 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Directions: Ocean Trail north to right onto Seabird Way, turn right onto Wave Arch
  • Extras: Ceiling Fan(s), Covered Decks, Hot Tub, Jet Tub, Landscaped, Outside Lighting, Outside Shower, Smoke Detector(s), Sun Deck, Dry Entry
  • Flood Zone: X
  • Headline: Ocean Views!
  • Heated Sq Ft: 2520
  • L V T Date: 08/25/2021
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Section: O
  • Zoning: res
  • Advertised Income 2021: 72392
  • Advertised Income 2022: 11350
  • Deed Book Pg Number: 410
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Major Subdivision: Ocean Sands
  • Newpoint Media: Yes
  • Office License Number: C30917
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer, 2nd Refrigerator
  • Bedrooms: 7
  • Countertops: Laminate
  • Electronic Locks: Leased
  • Floor Coverings: Carpet, Ceramic Tile, Vinyl Tile
  • Foundation: Piling
  • Full Bathrooms: 4
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Washer Connection, Wet Bar, 1st Flr Ensuite
  • Optional Rooms: Game Room

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Vinyl
  • Pool: Yes
  • Pool: Private and Association
  • Pool Type: Outdoor, In Ground, Fiberglass, Private Pool, Association Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Garage: Carport
  • Parking: Paved, Off Street

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Pool, Road Maintenance, Security, Tennis Courts, Walkways
  • Association Amenities: Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Board Walk
  • Association Fee: Yes
  • Estimated Annual Fee: 1525
  • Hoa Contact: Signature Touch
  • HOA Contact: signaturetouchobx.com

Lot Info

  • Lot Description: Corner, Level
  • Lot Faces: S
  • Lot Number: Lot # 84
  • Deed Book: 1553

Rental Info

  • Est Annual Rental Income: 136500
  • Estimated Rental Performance: 0.15
  • Flood Expenses: 858
  • Lease Terms: Weekly
  • Maintenance Expenses: 487
  • Poolspa Expense: 2700
  • Rental Co: Outer Banks Blue
  • Rental Cottage Name: Fish Tales
  • Rental Cottage Number: OL020
  • Rental Phone Number: 252-255-1220
  • Rental Turnover Day: SUNDAY
  • Yearly Expense Actual Estimate: Actual
  • Annual Cable TV Expense: 1600
  • Annual Electric: 2878
  • Annual Water Expense: 1747
  • Rental Contact Email: debbie@outerbanksblue.com
  • Rental Contact Name: Debbie Runnells
  • Rental Contact Phone: 252-255-1220

Building Info

  • Year Built: 2001

Tax Info

  • Year: 2021
  • Taxes: 3918

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 26, 2026
Sold by
Samudra Shanti Llc
Bought by
Hanckel Allan Robertson and Hanckel Katherine
Current Estimated Value
$936,304

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$744,000
Outstanding Balance
$744,000
Interest Rate
6.21%
Mortgage Type
New Conventional
Estimated Equity
$192,304

Purchase Details

Closed on
Mar 8, 2023
Sold by
Patel Biren and Patel Jennifer
Bought by
Samudra Shanti Llc

Purchase Details

Listed on
Aug 25, 2021
Closed on
Feb 10, 2022
Sold by
Malina David M
Bought by
Patel Biren and Patel Jennifer
Seller's Agent
Matt Myatt
Keller Williams - Outer Banks
Buyer's Agent
Jessica Evans
List Price
$925,000
Sold Price
$910,000
Premium/Discount to List
-$15,000
-1.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.70%
Original Mortgage
$682,500
Interest Rate
3.69%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 24, 2019
Closed on
Aug 13, 2020
Sold by
Zuber Richard A and Zuber Anita M
Bought by
Malina David M and Malina Kimberly A
Seller's Agent
Paul Sabadash
Sun Realty - Corolla
Buyer's Agent
Bucky Harrison
Beach Realty & Construction-KH
List Price
$519,500
Sold Price
$519,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
43.91%
Original Mortgage
$415,600
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 22, 2003
Bought by
Zuber Richard A and Zuber Anita M
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
Hanckel Allan Robertson $930,000 None Listed On Document
Samudra Shanti Llc -- --
Patel Biren $5,460,000 Casey & Robbins Pc
Malina David M $519,500 None Available
Zuber Richard A $637,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hanckel Allan Robertson $744,000
Previous Owner Patel Biren $682,500
Previous Owner Malina David M $415,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/03/2022 03/03/22 Sold $910,000 -1.6% $361 / Sq Ft
01/21/2022 01/21/22 Pending -- -- --
08/25/2021 08/25/21 For Sale $925,000 +78.1% $367 / Sq Ft
08/17/2020 08/17/20 Sold $519,500 0.0% $206 / Sq Ft View Prior Sale
06/29/2020 06/29/20 Pending -- -- --
06/11/2020 06/11/20 For Sale $519,500 0.0% $206 / Sq Ft
06/01/2020 06/01/20 Pending -- -- --
03/14/2020 03/14/20 For Sale $519,500 0.0% $206 / Sq Ft
02/19/2020 02/19/20 Pending -- -- --
12/27/2019 12/27/19 For Sale $519,500 0.0% $206 / Sq Ft
11/05/2019 11/05/19 Pending -- -- --
10/02/2019 10/02/19 Price Changed $519,500 -1.0% $206 / Sq Ft
07/06/2019 07/06/19 Price Changed $524,500 -0.9% $208 / Sq Ft
06/14/2019 06/14/19 Price Changed $529,500 -1.5% $210 / Sq Ft
05/28/2019 05/28/19 Price Changed $537,500 -99.9% $213 / Sq Ft
04/24/2019 04/24/19 For Sale $547,500,000 -- $217,262 / Sq Ft
Source: Outer Banks Association of REALTORS®

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 $6,145 $511,000 $180,000 $331,000
2024 $6,145 $511,000 $180,000 $331,000
2023 $6,112 $511,000 $180,000 $331,000
2022 $4,474 $511,000 $180,000 $331,000
2021 $3,919 $459,400 $160,000 $299,400
2020 $3,543 $459,400 $160,000 $299,400
2019 $3,543 $459,400 $160,000 $299,400
2018 $3,668 $459,400 $160,000 $299,400
2017 $3,333 $459,400 $160,000 $299,400
2016 $3,010 $459,400 $160,000 $299,400
2015 -- $459,400 $160,000 $299,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 115862

Outer Banks Association of REALTORS®

APN: 126A-000-0084-000O

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