NOT LISTED FOR SALE

Estimated Value: $774,000 - $968,835

5 Beds
4.5 Baths
2,554 Sq Ft
$345/Sq Ft Est. Value

Last Sold April 25, 2019

Last sale price $420,000 $164 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $5,468/month

345 Days on Market

Highlights

  • Community Beach Access
  • In Ground Pool
  • Coastal Architecture
  • Ocean View
  • Second Refrigerator
  • Cathedral Ceiling

About This Home

As of April 2019

Only 225 feet to the beach with magnificent views of the open space to the beautiful blue Atlantic beyond! This beach cottage is chock full of what everyone wants: a game room with pool table and wet bar, well-appointed rooms finished in coastal decor, a large living/ dining/ kitchen area on the top level with soaring ceilings and tons of windows. Other amenities include a ships watch, wide decks, a screened porch, fish cleaning station and a hot tub! This home is in the highly sought after Ocean Lakes neighborhood and so enjoys the community pool and tennis just down the street. Guests can also ride or walk along the new Corolla path to TimBuck II for shopping and dining.

Last Agent to Sell the Property

Sarah Spencer

Keller Williams - Outer Banks License #185795 Listed on: 03/31/2018

Keller Williams - Outer Banks

Last Buyer's Agent

Denise Schmitt

Corolla Beach Realty License #304519

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,104

Year Built

  • Built in 1994

Lot Details

  • Property fronts a private road
  • Lot includes common area

HOA Fees

  • $102 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Vinyl Construction Material

Interior Spaces

  • 2,554 Sq Ft Home
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • Game Room
  • Ocean Views

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Second Refrigerator
  • Laminate Countertops

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Parking

  • Garage
  • Carport
  • Off-Street Parking

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Sun Deck
  • Covered Deck

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District for Water and Sewer

Listing and Financial Details

  • Tax Lot 3

Community Details

Overview

  • Association fees include common electric, common insurance, management, pool, road maintenance, tennis courts
  • Ocean Sands Subdivision

Recreation

  • Community Beach Access
  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,104

Year Built

Built in 1994

Lot Details

0

HOA Fees

$102 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Directions: North NC-12 to Ocean Sands Section O- Right onto Seabird Way, bear left onto Ocean Lakes Trail, first right is Ocean Front Arch. Property is on right "Sea Quest".
  • Extras: Ceiling Fan(s), Covered Decks, Hot Tub, Sun Deck
  • Flood Zone: AE
  • Headline: Affordable oceanviews!
  • Heated Sq Ft: 2554
  • L V T Date: 03/31/2018
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Section: Section O
  • Waterfront Location: 4 - lots from oceanfront (5th row)
  • Zoning: res
  • Deed Book Pg Number: 773
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Major Subdivision: Ocean Sands
  • Newpoint Media: Yes
  • Office License Number: C15442
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Microwave, Range/Oven, Refrigerator, 2nd Refrigerator
  • Bedrooms: 5
  • Countertops: Laminate
  • Floor Coverings: Carpet, Ceramic Tile
  • Foundation: Piling
  • Full Bathrooms: 4
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Wet Bar
  • Optional Rooms: Breakfast Nook, Game Room, Shipswatch
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Vinyl
  • Pool: Yes
  • Pool: Association
  • Pool Type: Outdoor, In Ground, Association Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Garage: 1 Car, Attached, Carport
  • Parking: Paved, Off Street

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Common Electric, Common Insurance, Management, Pool, Road Maintenance, Tennis Courts
  • Association Amenities: Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis
  • Association Fee: Yes
  • Estimated Annual Fee: 1225
  • Home Owner Dwelling Insurance: 890

Lot Info

  • Lot Description: Adj. To Common Area
  • Lot Number: Lot 3
  • Deed Book: 465

Rental Info

  • Est Annual Rental Income: 33940
  • Estimated Rental Performance: 0.0808
  • Flood Expenses: 1250
  • Lease Terms: Weekly
  • Poolspa Expense: 900
  • Rental Co: Brindley Beach Vacations
  • Rental Cottage Name: Sea Quest
  • Rental Cottage Number: OL-2
  • Rental Phone Number: 252-453-3000
  • Rental Turnover Day: Sunday
  • Yearly Expense Actual Estimate: Actual
  • Annual Cable TV Expense: 865
  • Rental Contact Name: Kami Trusz

Building Info

  • Year Built: 1994

Tax Info

  • Year: 2017
  • Taxes: 3104

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2018
Closed on
Apr 24, 2019
Sold by
Kenehan Edward E and Kenehan Viveca
Bought by
646 Ocean Front Arch Llc
Seller's Agent
Sarah Spencer
Keller Williams - Outer Banks
Buyer's Agent
Denise Schmitt
Corolla Beach Realty
List Price
$449,000
Sold Price
$420,000
Premium/Discount to List
-$29,000
-6.46%
Current Estimated Value
$885,830

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$465,830
Avg. Annual Appreciation
12.46%

Purchase Details

Closed on
Jun 3, 1999
Bought by
Kenehan Edward F and Kenehan Viveca
Source: Public Records

Range of Values:

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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
646 Ocean Front Arch Llc $420,000 None Available
646 Ocean Front Arch Llc $420,000 None Available
Kenehan Edward F $368,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kenehan Edward F $205,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2019 04/25/19 Sold $420,000 -6.5% $164 / Sq Ft
03/11/2019 03/11/19 Pending -- -- --
01/27/2019 01/27/19 Price Changed $449,000 0.0% $176 / Sq Ft
01/27/2019 01/27/19 For Sale $449,000 -2.4% $176 / Sq Ft
01/13/2019 01/13/19 Pending -- -- --
06/06/2018 06/06/18 Price Changed $459,900 -3.2% $180 / Sq Ft
03/31/2018 03/31/18 For Sale $475,000 -- $186 / Sq Ft
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
2024 $6,187 $520,300 $235,000 $285,300
2023 $6,187 $498,200 $235,000 $263,200
2022 $4,338 $498,200 $235,000 $263,200
2021 $3,811 $425,900 $185,000 $240,900
2020 $3,292 $425,900 $185,000 $240,900
2019 $3,292 $425,900 $185,000 $240,900
2018 $3,336 $425,900 $185,000 $240,900
2017 $3,104 $425,900 $185,000 $240,900
2016 $2,797 $425,900 $185,000 $240,900
2015 $2,571 $425,900 $185,000 $240,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 99901

Outer Banks Association of REALTORS®

APN: 126A-000-0003-000O