Seller's Agent in 2017
Sarah Spencer
Keller Williams - Outer Banks
(252) 202-3357
122 in this area
345 Total Sales
642 Tide Arch Corolla, NC 27927
Corolla NeighborhoodEstimated Value: $1,360,000 - $1,622,239
0.14
Acre
$10,797,883
Price per Acre
6,000
Sq Ft Lot
Highlights
- Community Beach Access
- Community Pool
- Level Lot
- Ocean View
- Tennis Courts
About This Lot
As of November 20172 Lots from the oceanfront, with beautiful views, this homesite can accommodate up to an 8-bedroom home with pool. Less than 169 feet from the private beach access and a short walk to the Olympic-sized community pool, separate kid’s pool and tennis. Come see and compare. 6 and 7-bedroom homes with pools in Ocean Lakes are generating 9-10%+ GRI/PP. Call for cashflow analysis based similar homes in the community already renting fantastically! Ocean Lakes at Ocean Sands offers a setting perfect for every member of your family. Combining the ease of beach living with an extraordinary array of nearby recreational amenities, this very special neighborhood puts all the best that Corolla has to offer right at your doorstep. Wide beaches, a stocked 10-acre lake, world-class golf, tennis, dining and shopping and the history of the Outer Banks are all around you. Beautiful new homes are just completed or under construction now. Stop by anytime to see how handsome Ocean Lakes is turning out to be! Several homes available for walkthrough on short notice. House plans and pricing available.
Last Agent to Sell the Property
Keller Williams - Outer Banks License #185795 Listed on: 09/06/2017
Property Details
Property Type
- Land
Est. Annual Taxes
- $1,400
Lot Details
- 6,000 Sq Ft Lot
- Level Lot
- Cleared Lot
HOA Fees
- $71 Monthly HOA Fees
Additional Features
- Ocean Views
- Municipal Utilities District for Water and Sewer
Community Details
Overview
- Association fees include common electric, common insurance, management, pool, tennis courts, walkways
- Robert Defazio Association, Phone Number (252) 453-2105
- 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
Sep 6, 2017
Closed on
Nov 20, 2017
Sold by
Coastland Development And Sales Inc
Bought by
Cruz Joshua Torres
Seller's Agent
Sarah Spencer
Keller Williams - Outer Banks
Buyer's Agent
Matt Myatt
Keller Williams - Outer Banks
List Price
$275,000
Sold Price
$260,000
Premium/Discount to List
-$15,000
-5.45%
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
$1,219,310
Avg. Annual Appreciation
26.02%
Original Mortgage
$182,000
Interest Rate
3.94%
Mortgage Type
Unknown
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 |
|---|---|---|---|
| Cruz Joshua Torres | $260,000 | None Available | |
| Coastland Development Ands Sales Inc | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Torres Cruz Joshua | $667,000 | |
| Closed | Coastland Development Ands Sales Inc | $182,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/21/2017 11/21/17 | Sold | $260,000 | -5.5% | -- |
| 10/06/2017 10/06/17 | Pending | -- | -- | -- |
| 09/06/2017 09/06/17 | For Sale | $275,000 | -- | -- |
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 | $10,707 | $957,000 | $280,000 | $677,000 |
| 2023 | $10,707 | $957,000 | $280,000 | $677,000 |
| 2022 | $7,732 | $956,200 | $280,000 | $676,200 |
| 2021 | $6,761 | $225,000 | $225,000 | $0 |
| 2020 | $1,553 | $225,000 | $225,000 | $0 |
| 2019 | $1,553 | $225,000 | $225,000 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Sarah Spencer
-
Matt Myatt
Seller Co-Listing Agent in 2017
Matt Myatt
Keller Williams - Outer Banks
(252) 207-6588
232 in this area
458 Total Sales
Map
Source: Outer Banks Association of REALTORS®
MLS Number: 97705
APN: 126A0000114000O
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