NOT LISTED FOR SALE

644 Tide Arch Corolla, NC 27927

Estimated Value: $1,499,662 - $1,735,000

6 Beds
6.5 Baths
3,284 Sq Ft
$484/Sq Ft Est. Value

Last Sold March 30, 2020

Last sale price $975,000 $297 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $9,283/month

95 Days on Market

Highlights

  • Community Beach Access
  • Outdoor Pool
  • Wood Flooring
  • Ocean View
  • A-Frame Home
  • Furnished

About This Home

As of March 2020

CONSISTENT RENTAL INCOME PRODUCER! Over $100K annually. An oceanside beach retreat that is both income-producing and a relaxing get-away for its lucky owners! This home offers high-end decor, state-of-the-art electronics and luxurious furnishings all within 70 STEPS to the beach! Enjoy your spacious reverse floor plan with plenty of room to entertain inside and out. The beautifully-appointed kitchen offers granite counter tops, stainless steel appliances and open access to your dining and living areas. Relish in your spacious bedrooms and bathrooms with high-end finishes and access to decks with continuous views of the ocean over the adjoining permanent open space. Enjoy beautiful sunrises from your large decks, a dip in your private pool, relaxation in your private hot tub and laughs and fun in your entertaining game room. This house has all you need and will not disappoint; it's a rockstar rental property! Consistently rakes in $100,000+ gross each year, with 2020 weeks already filling up with repeat renters!

Last Agent to Sell the Property

Sarah Spencer

Keller Williams - Outer Banks License #185795 Listed on: 11/04/2019

Keller Williams - Outer Banks

Last Buyer's Agent

Martha Springer

Twiddy and Company - Corolla License #135162

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,999

Year Built

  • Built in 2014

Lot Details

  • 6,000 Sq Ft Lot

HOA Fees

  • $102 Monthly HOA Fees

Home Design

  • A-Frame Home
  • Contemporary Architecture
  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 3,284 Sq Ft Home
  • Elevator
  • Furnished
  • Ceiling Fan
  • Game Room
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Concrete

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Tuck Under Parking
  • Paved Parking

Pool

  • Outdoor Pool
  • Spa

Outdoor Features

  • Sun Deck
  • Covered Deck

Utilities

  • Central Air
  • Heat Pump System
  • Municipal Utilities District Water
  • Community Sewer or Septic

Listing and Financial Details

  • Tax Lot 113

Community Details

Overview

  • Association fees include common electric, common insurance, grounds maintenance, management, pool, road maintenance, security, tennis courts, walkways
  • Signature Touch Association, Phone Number (252) 441-8857
  • Built by Kenny Reid
  • Ocean Sands Subdivision

Amenities

  • Common Area

Recreation

  • Community Beach Access
  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,999

Year Built

Built in 2014

Lot Details

0

HOA Fees

$102 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: A-Frame, Contemporary, Reverse Floor Plan
  • Directions: Follow NC 12 north to Corolla. Right onto Seabird Way, into the HIJO section of Ocean Sands. Turn left at the pool onto Ocean Lake Trail. Right onto Tide Arch. House will be on the right.
  • Extras: Beach Access, Ceiling Fan(s), Covered Decks, Elevator, Hot Tub, Sun Deck, Inside Laundry Room
  • Flood Zone: X
  • Heated Sq Ft: 3284
  • L V T Date: 11/04/2019
  • Roads: Paved
  • Sale/Rent: For Sale
  • Waterfront Location: 3 - lots from oceanfront (4th row)
  • Zoning: Res
  • Advertised Income 2020: 84316
  • Deed Book Pg Number: 612
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Major Subdivision: Ocean Sands
  • Newpoint Media: Yes
  • Office License Number: C30917
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Ice Machine, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 6
  • Countertops: Granite
  • Floor Coverings: Carpet, Concrete, Hardwood
  • Foundation: Piling
  • Full Bathrooms: 6
  • Furnishings Available: Yes
  • Interior Amenities: Ensuite
  • Optional Rooms: Game Room, Office
  • Partial Bathrooms: 1

Exterior Features

  • Homebuilder: Kenny Reid
  • Construction: Frame
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool: Private and Association
  • Pool Type: Outdoor, Private Pool, Association Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Garage: Carport
  • Parking: Paved, Under

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Common Electric, Common Insurance, Grounds Maintenance, Management, Pool, Road Maintenance, Security, Tennis Courts, Walkways
  • Association Amenities: Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 1225
  • Hoa Contact: Signature Touch
  • HOA Contact: 252-441-8857
  • Home Owner Dwelling Insurance: 4331

Lot Info

  • Estimated Lot Sq Ft: 6000
  • Lot Number: Lot 113
  • Estimated Lot Size: 0.14
  • Deed Book: 1292

Rental Info

  • Est Annual Rental Income: 103932
  • Estimated Rental Performance: 0.1066
  • Lease Terms: Weekly
  • Other Expenses: 95
  • Other Expenses2: 600
  • Poolspa Expense: 2700
  • Rental Co: Shoreline OBX
  • Rental Cottage Name: Seventy Steps
  • Rental Cottage Number: OSO-2
  • Rental Phone Number: 8004492036
  • Rental Turnover Day: Sat
  • Yearly Expense Actual Estimate: Actual
  • Annual Cable TV Expense: 3348
  • Annual Electric: 3524
  • Annual Telephone Expense: 447
  • Annual Water Expense: 1726
  • Rental Contact Email: Jennifer@shorelineobx.com
  • Rental Contact Name: Jennifer Hurd
  • Rental Contact Phone: 1800-449-2036

Building Info

  • Year Built: 2014

Tax Info

  • Year: 2019
  • Taxes: 4999.27

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2019
Closed on
Mar 27, 2020
Sold by
Miller Michael G and Miller Jane
Bought by
Kenney Raymond L and Kenney Nancy A
Seller's Agent
Sarah Spencer
Keller Williams - Outer Banks
Buyer's Agent
Martha Springer
Twiddy and Company - Corolla
List Price
$999,999
Sold Price
$975,000
Premium/Discount to List
-$24,999
-2.5%
Current Estimated Value
$1,589,916

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$614,916
Avg. Annual Appreciation
8.88%
Original Mortgage
$780,000
Outstanding Balance
$680,922
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$908,994

Purchase Details

Listed on
May 14, 2014
Closed on
Jun 6, 2014
Sold by
Coastland Development & Sales Inc
Bought by
Miller Michael G and Miller Jane
Seller's Agent
Sarah Spencer
Keller Williams - Outer Banks
Buyer's Agent
Sarah Spencer
Keller Williams - Outer Banks
List Price
$220,000
Sold Price
$225,000
Premium/Discount to List
$5,000
2.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.71%
Original Mortgage
$168,750
Interest Rate
4.36%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Kenney Raymond L $975,000 None Available
Miller Michael G $225,000 None Available
Coastland Development & Sales Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kenney Raymond L $780,000
Previous Owner Coastland Development & Sales Inc $168,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/30/2020 03/30/20 Sold $975,000 -2.5% $297 / Sq Ft
02/07/2020 02/07/20 Pending -- -- --
02/02/2020 02/02/20 For Sale $999,999 +2.6% $305 / Sq Ft
02/01/2020 02/01/20 Off Market $975,000 -- --
11/04/2019 11/04/19 For Sale $999,999 +344.4% $305 / Sq Ft
06/10/2014 06/10/14 Sold $225,000 +2.3% -- View Prior Sale
05/14/2014 05/14/14 For Sale $220,000 -- --
04/14/2014 04/14/14 Pending -- -- --
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 $10,217 $879,500 $275,000 $604,500
2024 $10,217 $879,500 $275,000 $604,500
2023 $10,201 $879,500 $275,000 $604,500
2022 $7,377 $879,500 $275,000 $604,500
2021 $6,452 $661,400 $225,000 $436,400
2020 $4,984 $661,400 $225,000 $436,400
2019 $4,984 $661,400 $225,000 $436,400
2018 $5,053 $661,400 $225,000 $436,400
2017 $4,691 $661,400 $225,000 $436,400
2016 $4,213 $661,400 $225,000 $436,400
2015 -- $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: 107183

Outer Banks Association of REALTORS®

APN: 126A-000-0113-000O