NOT LISTED FOR SALE

648 Tide Arch Corolla, NC 27927

Estimated Value: $1,305,000 - $1,543,000

0.14 Acre
$10,026,200 Price per Acre
6,000 Sq Ft Lot

Last Sold May 01, 2018

Last sale price $209,000

Est. 564% increase in value since last sale

Current estimated payment $8,136/month

85 Days on Market

Highlights

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

About This Lot

As of May 2018

5 lots off the ocean, just 6 lots from the beach access and backing up to permanent open space, this homesite will accommodate up to an 8-bedroom home with pool. Views are fantastic. Less than 370 feet to the private community beach access and a short walk to the Olympic-sized community pool, separate kid's pool and tennis. Combining the ease of beach living with an extraordinary array of nearby recreational amenities, Ocean Lakes at Ocean Sands 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 area all around you. Beautiful homes are just completed or under construction now. Architectural standards in place, no minimum construction start date. Stop by anytime and see how handsome Ocean Lakes is turning out to be! Several homes available for walkthrough on short notice. House plans from 4 to 10 bedroom and pricing as well as financing information available in associated documents.

Last Agent to Sell the Property

Sarah Spencer

Keller Williams - Outer Banks License #185795 Listed on: 11/23/2017

Keller Williams - Outer Banks

Co-Listed By

Matt Myatt

Keller Williams - Outer Banks License #218707

Last Buyer's Agent

Sarah Spencer

Keller Williams - Outer Banks License #185795 Listed on: 11/23/2017

Keller Williams - Outer Banks

Property Details

Property Type

  • Land

Lot Details

  • 6,000 Sq Ft Lot
  • Lot Dimensions are 60 x 100
  • Property fronts a private road

HOA Fees

  • $79 Monthly HOA Fees

Additional Features

  • Ocean Views
  • Municipal Utilities District for Water and Sewer

Community Details

Overview

  • Association fees include management, road maintenance, security, tennis courts, walkways
  • Signature Touch Association, Phone Number (252) 441-8857
  • Ocean Sands Subdivision

Recreation

  • Community Beach Access
  • Tennis Courts
  • Community Pool

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$79 per month

Listing Details

  • Class: LOTS/LAND
  • Directions: East on Seabird Way. L on Ocean Lake Trail, Right onto Tide Arch. Second lot on right.
  • Flood Zone: AE
  • L V T Date: 11/23/2017
  • Phase: C
  • Roads: Private, Paved
  • Sale/Rent: For Sale
  • Section: O
  • Waterfront Location: More than 5th row
  • Zoning: res
  • Deed Book Pg Number: TBC
  • Major Subdivision: Ocean Sands
  • Office License Number: C26996
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Street Frontage: 60
  • View: Ocean

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Ocean Access, Outdoor-Comm. Tennis, Outdoor-Comm. Pool
  • Association Fee: Yes
  • Estimated Annual Fee: 950
  • Hoa Contact: Signature Touch
  • HOA Contact: 252-441-8857
  • Fee Includes: Management, Road Maintenance, Security, Tennis Courts, Walkways

Lot Info

  • Estimated Lot Sq Ft: 6000
  • Lot Size: 60 x 100
  • Estimated Lot Size: 0.14
  • Unit/Lot Number: Lot 111

Tax Info

  • Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2017
Closed on
Apr 18, 2018
Sold by
Coastland Development And Sales Inc
Bought by
M And B Vacations Llc
Seller's Agent
Sarah Spencer
Keller Williams - Outer Banks
Buyer's Agent
Sarah Spencer
Keller Williams - Outer Banks
List Price
$185,000
Sold Price
$209,000
Premium/Discount to List
$24,000
12.97%
Current Estimated Value
$1,387,189

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,178,189
Avg. Annual Appreciation
28.06%
Original Mortgage
$676,000
Outstanding Balance
$578,981
Interest Rate
4.45%
Mortgage Type
Commercial
Estimated Equity
$824,687
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
M And B Vacations Llc $209,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open M And B Vacations Llc $676,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2018 05/01/18 Sold $209,000 +13.0% --
02/16/2018 02/16/18 Pending -- -- --
11/23/2017 11/23/17 For Sale $185,000 -- --
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 $9,717 $830,900 $190,000 $640,900
2024 $9,717 $830,900 $190,000 $640,900
2023 $9,701 $830,900 $190,000 $640,900
2022 $7,020 $830,900 $190,000 $640,900
2021 $6,142 $610,500 $180,000 $430,500
2020 $4,631 $610,500 $180,000 $430,500
2019 $4,482 $577,700 $180,000 $397,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 98557

Outer Banks Association of REALTORS®

APN: 126A0000111000O