Susan Sullivan
Sun Realty of Nags Head/Harbin
(252) 336-9747
101 Total Sales
4 in Corolla
$110K - $740K Price Range
642 Wave Arch Corolla, NC 27927
Corolla AreaEstimated Value: $1,216,328
6
Beds
5.5
Baths
2,940
Sq Ft
$414/Sq Ft
Est. Value
Highlights
- Ocean View
- Pool
- Furnished
- Knotts Island Elementary School Rated 9+
- Second Refrigerator
- Second Dishwasher
About This Home
As of September 2020Turn-key rental home in Corolla just steps away from the beach! Located only two lots from the oceanfront in the Ocean Lake subdivision of Ocean Sands (Sec O) and perfectly positioned on the outside of Wave Arch for those fantastic ocean views. The bright and spacious top-level allows ample natural light in the great room, kitchen, and dining room. A small loft space off of the great room would make for the perfect reading nook. The two sliding doors on the top-level open up to a large deck with water views – ideal for morning coffee with the sunrise and evening cocktails watching for dolphins. On the top floor you’ll also find an over-sized master bedroom with ocean views. The mid-level has four bedrooms – two of which are master bedrooms with deck access. The other two mid-level bedrooms have a shared bathroom and the northeast bedroom has a private deck. Downstairs you’ll find one bedroom – large enough for a duo-bunk and twin bed! The bottom-level rec room is complete with a full refrigerator and microwave that transitions right to the outside pool area. A covered patio space and outdoor shower sits just before the gated pool deck – and beyond the gate you’ll find a large (14 x 26), private pool! This home has proven and consistent rental performance with room to grow.
Last Agent to Sell the Property
Twiddy and Company - Corolla License #288364 Listed on: 09/25/2019
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Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,188
Year Built
- Built in 2000
Lot Details
- Lot includes common area
HOA Fees
- $79 Monthly HOA Fees
Parking
- Paved Parking
Home Design
- Reverse Style Home
- Frame Construction
- Asphalt Shingled Roof
- Piling Construction
- Cement Board or Planked
Interior Spaces
- 2,940 Sq Ft Home
- Furnished
- Ceiling height of 9 feet or more
- Window Treatments
- Ocean Views
Kitchen
- Oven or Range
- Microwave
- Second Refrigerator
- Plumbed For Ice Maker
- Second Dishwasher
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- En-Suite Primary Bedroom
Laundry
- Dryer
- Washer
Pool
Utilities
- Central Heating and Cooling System
- Heat Pump System
- Municipal Utilities District Water
- Community Sewer or Septic
Listing and Financial Details
- Tax Lot 47
Community Details
Overview
- Association fees include management
- Ocean Sands Poa
- Built by BD&A
- Ocean Sands Subdivision
Recreation
- Community Pool
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 25, 2019
Closed on
Sep 3, 2020
Sold by
Macher Robert George and Torlone Macher Debra
Bought by
Seller's Agent
Matt Preston
Twiddy and Company - Corolla
Buyer's Agent
Melissa Morgan
Landmark Sotheby's Internation
List Price
$689,000
Sold Price
$650,000
Premium/Discount to List
-$39,000
-5.66%
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
$566,328
Avg. Annual Appreciation
10.93%
Original Mortgage
$510,400
Outstanding Balance
$441,480
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$774,848
Purchase Details
Closed on
Jul 21, 1998
Bought by
Macher Robert G and Groves Shawn M
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Corolla, NC
-
Susan Sullivan
-
Diana Brink
Diana Brink
A Better Way Realty, Inc.
(252) 302-2160
498 Total Sales
8 in Corolla
$185K - $3.5M Price Range
-
Richard Tolson
Richard Tolson
RT Realty OBX, LLC
(252) 599-5418
56 Total Sales
3 in Corolla
$626K - $783K Price Range
-
Steven Gross
Steven Gross
Twiddy and Company - Corolla
(252) 689-7140
47 Total Sales
22 in Corolla
$99K - $1.2M Price Range
-
Winston Hawkins
Winston Hawkins
Brindley Beach Vacations & Sales - Cor
(252) 336-9986
39 Total Sales
5 in Corolla
$452K - $1.4M Price Range
-
Trisha Midgett
Trisha Midgett
Responds QuicklyMidgett Realty - Rodanthe
(252) 650-8051
1,056 Total Sales
31 in Corolla
$128K - $6.3M Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $650,000 | None Available | ||
| Macher Robert G | $165,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $510,400 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/14/2020 09/14/20 | Sold | $650,000 | -4.0% | $221 / Sq Ft |
| 07/22/2020 07/22/20 | Pending | -- | -- | -- |
| 06/16/2020 06/16/20 | Price Changed | $677,000 | -1.7% | $230 / Sq Ft |
| 05/16/2020 05/16/20 | For Sale | $689,000 | +6.0% | $234 / Sq Ft |
| 03/31/2020 03/31/20 | Off Market | $650,000 | -- | -- |
| 03/09/2020 03/09/20 | Price Changed | $689,000 | -3.5% | $234 / Sq Ft |
| 10/26/2019 10/26/19 | Price Changed | $714,000 | -1.5% | $243 / Sq Ft |
| 09/25/2019 09/25/19 | For Sale | $725,000 | -- | $247 / Sq Ft |
Source: Outer Banks Association of REALTORS®
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $8,960 | $765,500 | $280,000 | $485,500 |
| 2024 | $8,960 | $678,500 | $280,000 | $398,500 |
| 2023 | $7,961 | $678,500 | $280,000 | $398,500 |
| 2022 | $5,780 | $678,500 | $280,000 | $398,500 |
| 2021 | $5,065 | $551,500 | $225,000 | $326,500 |
| 2020 | $4,199 | $551,500 | $225,000 | $326,500 |
| 2019 | $4,188 | $551,500 | $225,000 | $326,500 |
| 2018 | $0 | $551,500 | $225,000 | $326,500 |
| 2017 | $3,941 | $551,500 | $225,000 | $326,500 |
| 2016 | $3,553 | $551,500 | $225,000 | $326,500 |
| 2015 | $3,259 | $551,500 | $225,000 | $326,500 |
Source: Public Records
Agents Affiliated with this Home
-
Matt Preston
Seller's Agent in 2020
Matt Preston
Twiddy and Company - Corolla
(252) 207-6143
139 Total Sales
-
Melissa Morgan
Buyer's Agent in 2020
Melissa Morgan
Landmark Sotheby's Internation
(252) 202-5636
58 Total Sales
Map
Source: Outer Banks Association of REALTORS®
MLS Number: 106657
APN: 126A-000-0047-000O
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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