NOT LISTED FOR SALE

643 Tide Arch Corolla, NC 27927

Estimated Value: $1,346,847 - $1,807,000

0.14 Acre
$10,699,729 Price per Acre
6,000 Sq Ft Lot

Last Sold June 22, 2018

Last sale price $232,000

Est. 546% increase in value since last sale

Current estimated payment $8,704/month

7 Days on Market

Highlights

  • Community Beach Access
  • Community Pool
  • Level Lot
  • Ocean View
  • Tennis Courts

About This Lot

As of June 2018

2 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 has turned out to be! Several homes available for walkthrough on short notice. House plans and pricing available. Final subdivision plat has not been approved or recorded and is subject to change. A contract may be terminated without breach, if the final record plat differs in any material respect from the preliminary plat (per NCGS 153A-334).

Last Agent to Sell the Property

Sarah Spencer

Keller Williams - Outer Banks License #185795 Listed on: 04/23/2018

Keller Williams - Outer Banks

Co-Listed By

Matt Myatt

Keller Williams - Outer Banks License #218707

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,193

Lot Details

  • 6,000 Sq Ft Lot
  • Level Lot
  • Cleared Lot

HOA Fees

  • $79 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
  • Signature Touch Association, Phone Number (252) 441-8857
  • Ocean Sands Subdivision

Recreation

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

Property Details

Property Type

Land

Est. Annual Taxes

$1,193

Lot Details

0

HOA Fees

$79 per month

Listing Details

  • Class: LOTS/LAND
  • Directions: N on Rt. 12 to E on Seabird. L on Ocean Lake to R on Tide Arch.
  • Flood Zone: AE
  • Subdivision Name: Ocean Sands, Sec O, Phase 4-B,
  • L V T Date: 05/01/2018
  • Phase: 4-b
  • Roads: Paved
  • Sale/Rent: For Sale
  • Section: O
  • Waterfront Location: 2 - lots from oceanfront (3rd row
  • Zoning: res
  • Destination Commerce Corp: Yes
  • Major Subdivision: Ocean Sands
  • Office License Number: C26996
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Ocean

Utilities

  • Sewer/Septic System: Municipal Sewer
  • Water: Municipal
  • Electric: Available

Condo/Co-op/Association

  • Association Amenities: Ocean Access, Outdoor-Comm. Tennis, Outdoor-Comm. Pool, Boardwalk to Beach
  • Association Fee: Yes
  • Estimated Annual Fee: 950
  • Hoa Contact: Signature Touch
  • HOA Contact: 252-441-8857
  • Fee Includes: Common Electric, Common Insurance, Management, Pool, Tennis Courts, Walkways

Lot Info

  • Estimated Lot Sq Ft: 6000
  • Lot Description: Level, Cleared
  • Lot Size: 6000
  • Estimated Lot Size: 0.14
  • Unit/Lot Number: Lot #138

Tax Info

  • Year: 2016
  • Taxes: 1193

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 19, 2019
Sold by
Doncel Gabriel and Alexander Doncel Suzanne
Bought by
Bella Playa Llc
Current Estimated Value
$1,497,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Outstanding Balance
$631,718
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$866,244

Purchase Details

Listed on
Apr 23, 2018
Closed on
Jun 18, 2018
Sold by
Coastland Development And Sales Inc
Bought by
Doncel Gabriel and Doncel Suzanne Alexander
Seller's Agent
Sarah Spencer
Keller Williams - Outer Banks
Buyer's Agent
Sarah Spencer
Default, Office
List Price
$245,000
Sold Price
$232,000
Premium/Discount to List
-$13,000
-5.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.11%
Original Mortgage
$719,694
Interest Rate
4.5%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Bella Playa Llc -- None Available
Doncel Gabriel $232,000 None Available
Coastland Development And Sales Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bella Playa Llc $720,000
Previous Owner Doncel Gabriel $719,694
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/22/2018 06/22/18 Sold $232,000 -5.3% --
04/30/2018 04/30/18 Pending -- -- --
04/23/2018 04/23/18 For Sale $245,000 -- --
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 $9,318 $894,200 $275,000 $619,200
2024 $9,318 $894,200 $275,000 $619,200
2023 $9,302 $894,200 $275,000 $619,200
2022 $6,542 $894,200 $275,000 $619,200
2021 $5,602 $648,500 $225,000 $423,500
2020 $4,031 $648,500 $225,000 $423,500
2019 $4,182 $225,000 $225,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 100297

Outer Banks Association of REALTORS®

APN: 126A0000138000O