Seller's Agent in 2022
Matt Myatt
Keller Williams - Outer Banks
(252) 207-6588
159 in this area
363 Total Sales
640 Wave Arch Corolla, NC 27927
Estimated Value: $1,444,000 - $1,534,669
7
Beds
8
Baths
4,028
Sq Ft
$367/Sq Ft
Est. Value
Highlights
- Community Beach Access
- Spa
- Contemporary Architecture
- Ocean Front
- Second Refrigerator
- Cathedral Ceiling
About This Home
As of November 2022Lowest price per Square Foot of any Corolla semi-oceanfront! Located in the desirable Ocean Lakes section of Ocean Sands, this 7-bedroom turnkey home features ocean views and is just steps to the beach. Enjoy the privacy of the Ocean Sands green space behind the home and the convenient location of the beach boardwalk at the end of the driveway. The upper level of the home is comprised of a spacious open flow floor plan- family room with cathedral ceilings and fireplace; an oversized dining area; and the kitchen with breakfast bar seating and ample storage/counter space. Enjoy ocean views from the Ships Watch or step outside onto the ample sundeck to enjoy the morning sun rising over the Atlantic. There is also a half bath on this level as well as the Primary en Suite. This top-level bedroom boasts privacy, space, ocean views, and a separate bathroom with an oversized walk-in glass shower and double vanity. Take the elevator down to the mid-level where you will find four more en suite bedroom with private bathrooms, and another bonus room/office set up as sleeping space. An ocean side covered deck runs along the southern elevation, providing convenient access to the new mid-level Jacuzzi Play hot tub. The ground level features two more bedrooms that share a full hall bath, and a spacious rec room with wet bar and adjacent half bath. The comfortable game room has plenty of room to play pool, stretch out and watch TV, or just relax and cool off after a day in the sun. “Serenity View” checks all the boxes for a vacation property- ocean views, open concept floor plan, large en suite bedrooms, elevator, and game room with wet bar. Situated on an X flood zone lot and convenient to the attractions, shopping, and dining of the northern beaches, this vacation property offers the proximity, updates, and space the discerning buyer is looking for.
Last Agent to Sell the Property
Keller Williams - Outer Banks License #218707 Listed on: 04/19/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,774
Year Built
- Built in 1999
Lot Details
- 6,119 Sq Ft Lot
- Ocean Front
- Level Lot
HOA Fees
- $152 Monthly HOA Fees
Home Design
- Contemporary Architecture
- Frame Construction
- Asphalt Shingled Roof
- Piling Construction
- Vinyl Construction Material
Interior Spaces
- 4,028 Sq Ft Home
- Elevator
- Wet Bar
- Furnished
- Cathedral Ceiling
- Ceiling Fan
- Gas Fireplace
- Window Treatments
- Family Room
- Dining Room
- Game Room
- Ocean Views
Kitchen
- Oven or Range
- Microwave
- Second Refrigerator
- Ice Maker
- Second Dishwasher
- Wine Cooler
- Laminate Countertops
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 7 Bedrooms
- Main Floor Bedroom
- En-Suite Primary Bedroom
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- Paved Parking
- Off-Street Parking
Pool
- Spa
- Outdoor Pool
- Outdoor Shower
Outdoor Features
- Sun Deck
- Covered Deck
- Exterior Lighting
Utilities
- Heat Pump System
- Municipal Utilities District Water
- Community Sewer or Septic
Listing and Financial Details
- Tax Lot 48
Community Details
Overview
- Association fees include common insurance, management, pool, road maintenance, security, tennis courts, walkways
- Signature Touch Association, Phone Number (252) 441-8857
- Ocean Sands Subdivision
Recreation
- Community Boardwalk
- Community Beach Access
- Tennis Courts
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 19, 2022
Closed on
Oct 18, 2022
Sold by
Mckinney William C and Mckinney Cathy S
Bought by
Levesque Inc
Seller's Agent
Matt Myatt
Keller Williams - Outer Banks
Buyer's Agent
Matt Myatt
Keller Williams - Outer Banks
List Price
$1,795,000
Sold Price
$1,415,000
Premium/Discount to List
-$380,000
-21.17%
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
$64,667
Avg. Annual Appreciation
1.43%
Purchase Details
Listed on
May 25, 2018
Closed on
May 25, 2018
Sold by
Baker Robert Wayne and Baker Marilyn T
Bought by
Mckinney William C and Mckinney Cathy S
Seller's Agent
Matt Myatt
Keller Williams - Outer Banks
Buyer's Agent
Matt Myatt
Keller Williams - Outer Banks
List Price
$727,277
Sold Price
$672,277
Premium/Discount to List
-$55,000
-7.56%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.16%
Original Mortgage
$605,049
Interest Rate
4.4%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 21, 1998
Bought by
Baker Robert W and Baker Marilyn T
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 |
|---|---|---|---|
| Levesque Inc | $1,415,000 | -- | |
| Mckinney William C | $672,500 | None Available | |
| Baker Robert W | $180,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Mckinney William C | $605,049 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/07/2022 11/07/22 | Sold | $1,415,000 | -5.4% | $351 / Sq Ft | |
| 09/26/2022 09/26/22 | Pending | -- | -- | -- | |
| 08/22/2022 08/22/22 | Price Changed | $1,495,000 | -6.3% | $371 / Sq Ft | |
| 07/12/2022 07/12/22 | Price Changed | $1,595,000 | -5.9% | $396 / Sq Ft | |
| 05/26/2022 05/26/22 | Price Changed | $1,695,000 | -5.6% | $421 / Sq Ft | |
| 04/19/2022 04/19/22 | For Sale | $1,795,000 | +167.0% | $446 / Sq Ft | |
| 05/25/2018 05/25/18 | Sold | $672,277 | -7.6% | $165 / Sq Ft | View Prior Sale |
| 05/25/2018 05/25/18 | For Sale | $727,277 | -- | $179 / Sq Ft | |
| 04/11/2018 04/11/18 | Pending | -- | -- | -- |
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 |
|---|---|---|---|---|
| 2025 | $9,076 | $797,500 | $350,000 | $447,500 |
| 2024 | $9,076 | $797,500 | $350,000 | $447,500 |
| 2023 | $9,060 | $797,500 | $350,000 | $447,500 |
| 2022 | $6,596 | $797,500 | $350,000 | $447,500 |
| 2021 | $5,774 | $680,100 | $300,000 | $380,100 |
| 2020 | $5,031 | $680,100 | $300,000 | $380,100 |
| 2019 | $5,025 | $680,100 | $300,000 | $380,100 |
| 2018 | $5,094 | $680,100 | $300,000 | $380,100 |
| 2017 | $4,729 | $680,100 | $300,000 | $380,100 |
| 2016 | $4,252 | $680,100 | $300,000 | $380,100 |
| 2015 | $3,902 | $680,100 | $300,000 | $380,100 |
Source: Public Records
Agents Affiliated with this Home
-
Matt Myatt
-
Terry Blocher
T
Seller Co-Listing Agent in 2022
Terry Blocher
Keller Williams - Outer Banks
(252) 457-1906
120 in this area
211 Total Sales
-
Jason Beasley
Buyer Co-Listing Agent in 2022
Jason Beasley
Keller Williams - Outer Banks
(252) 599-6425
19 in this area
63 Total Sales
Map
Source: Outer Banks Association of REALTORS®
MLS Number: 118536
APN: 126A-000-0048-000O
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