NOT LISTED FOR SALE

640 Pampas Ct Corolla, NC 27927

Estimated Value: $830,000 - $997,372

5 Beds
3.5 Baths
1,940 Sq Ft
$464/Sq Ft Est. Value

Last Sold June 13, 2016

Last sale price $414,000 $213 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $5,360/month

81 Days on Market

Highlights

  • Community Beach Access
  • Lake View
  • Wood Flooring
  • In Ground Pool
  • Cathedral Ceiling
  • Low Country Architecture

About This Home

As of June 2016

New cottage to be finished March 2016. Short walk to the beach and beautiful views of Semi-Lakefront. Quality built home conforming to all new energy building codes. Granite counters, wood floors, large back deck. Permit & Site plan are with swimming pool. Price does not include pool.

Last Agent to Sell the Property

Gary Woodson

OBHOA, LLC License #262354 Listed on: 02/03/2016

Last Buyer's Agent

Mark Massey

Outer Banks Realty Group License #188389

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2016

Lot Details

  • Level Lot

HOA Fees

  • $78 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Low Country Architecture
  • Bungalow
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,940 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Utility Room
  • Lake Views
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Fiberglass Pool
  • Outdoor Pool
  • Spa

Outdoor Features

  • Sun Deck
  • Covered Deck

Utilities

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

Listing and Financial Details

  • Tax Lot 164

Community Details

Overview

  • Association fees include common electric, common insurance, management, pool, security, tennis courts, walkways
  • Bob Defazio Association, Phone Number (252) 453-2105
  • Ocean Sands Subdivision

Recreation

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

Home Details

Home Type

Single Family

Year Built

Built in 2016

Lot Details

0

HOA Fees

$78 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Bungalow, Low Country
  • Directions: From Hwy 12, East on Seabird way, Left on Ocean Lake then make a left on Pampas Court. House is on Right.
  • Extras: Beach Access, Ceiling Fan(s), Covered Decks, Hot Tub, Smoke Detector(s), Sun Deck, Dry Entry
  • Flood Zone: AE
  • Subdivision Name: OCEAN LAKES SUBD PHASE 4-B OCEAN SANDS SEC O
  • Headline: Brand New Oceanside Home
  • Heated Sq Ft: 1940
  • L V T Date: 02/03/2016
  • Phase: 4-B
  • Roads: Paved
  • Sale/Rent: For Sale
  • Section: O
  • Waterfront Location: More than 5th row
  • Zoning: R
  • Deed Book Pg Number: 548
  • Major Subdivision: Ocean Sands
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Freezer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 5
  • Bedroom 1: Master, On Level: 2
  • Bedroom 2: On Level: 3
  • Bedroom 3: On Level: 3
  • Bedroom 4: On Level: 1
  • Bedroom 5: On Level: 1
  • Kitchen: On Level: 2
  • Countertops: Granite
  • Floor Coverings: Carpet, Ceramic Tile, Hardwood
  • Foundation: Piling
  • Full Bathrooms: 3
  • Interior Amenities: 9' Ceilings, Cathedral Ceiling(s), Dryer Connection, Ice Maker Connection, Ensuite, Pantry, Walk in Closet, Washer Connection
  • Dining Room: On Level: 2
  • Family Room: On Level: 2
  • Living Room: On Level: 2
  • Optional Rooms: Foyer, Pantry
  • Partial Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: Carport
  • Parking: Off Street

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Common Electric, Common Insurance, Management, Pool, Security, Tennis Courts, Walkways
  • Association Amenities: Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Board Walk
  • Association Fee: Yes
  • Estimated Annual Fee: 930
  • Hoa Contact: Bob DeFazio
  • HOA Contact: 252-453-2105

Lot Info

  • Lot Description: Level
  • Lot Number: Lot 164
  • Deed Book: 1351

Building Info

  • Year Built: 2016

Tax Info

  • Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2016
Closed on
Jun 8, 2016
Sold by
Obhoa Llc
Bought by
Araneda Tammy and Araneda Luis Alberto
Seller's Agent
Gary Woodson
OBHOA, LLC
Buyer's Agent
Mark Massey
Outer Banks Realty Group
List Price
$379,000
Sold Price
$414,000
Premium/Discount to List
$35,000
9.23%
Current Estimated Value
$901,124

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$487,124
Avg. Annual Appreciation
8.48%
Original Mortgage
$372,600
Outstanding Balance
$295,814
Interest Rate
3.66%
Mortgage Type
New Conventional
Estimated Equity
$605,310

Purchase Details

Closed on
Dec 28, 2015
Sold by
Coastland Develpment & Sales Inc
Bought by
Obhoa Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Araneda Tammy $414,000 Attorney
Obhoa Llc $115,000 None Available
Coastland Development & Sales Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Araneda Tammy $372,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/13/2016 06/13/16 Sold $414,000 +9.2% $213 / Sq Ft
04/24/2016 04/24/16 Pending -- -- --
02/03/2016 02/03/16 For Sale $379,000 -- $195 / 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
2025 $6,903 $600,000 $140,000 $460,000
2024 $6,903 $600,000 $140,000 $460,000
2023 $6,887 $600,000 $140,000 $460,000
2022 $5,014 $600,000 $140,000 $460,000
2021 $4,399 $410,200 $135,000 $275,200
2020 $3,526 $410,200 $135,000 $275,200
2019 $3,100 $410,200 $135,000 $275,200
2018 $3,141 $410,200 $135,000 $275,200
2017 $2,916 $399,100 $135,000 $264,100
2016 $1,033 $135,000 $135,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 91000

Outer Banks Association of REALTORS®

APN: 126A0000164000O