NOT LISTED FOR SALE

649 Tide Arch Corolla, NC 27927

Estimated Value: $1,189,064 - $1,339,000

0.14 Acre
$9,125,114 Price per Acre
6,098 Sq Ft Lot

Last Sold October 05, 2018

Last sale price $175,000

Est. 630% increase in value since last sale

Current estimated payment $7,450/month

137 Days on Market

Highlights

  • Community Beach Access
  • Community Pool
  • Tennis Courts
  • Corner Lot

About This Lot

As of October 2018

Affordable Corolla Oceanside lot just steps away from the ocean. Direct Beach Access. Lovely new homes surround this property. Community has great amenities such as outdoor pool, outdoor tennis courts and ocean access. Section O is just a quick drive to everything in Corolla such as shopping, restaurants, entertainment and more. Great investment...buy now and hold or build your dream home!

Last Agent to Sell the Property

Brad Beacham

Landmark Sotheby's Internation License #194377 Listed on: 03/15/2018

Landmark Sotheby's Internation

Last Buyer's Agent

Four Seasons Realty

Four Seasons Realty License #177785

Property Details

Property Type

  • Land

Lot Details

  • Property fronts a private road
  • Corner Lot
  • Level Lot
  • Cleared Lot

HOA Fees

  • $79 Monthly HOA Fees

Utilities

  • Municipal Utilities District for Water and Sewer

Community Details

Overview

  • Association fees include common electric, common insurance, management, pool, road maintenance, 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: SECTION O OCEAN SANDS. R onto Seabird Way. Continue onto Ocean Lake Trail. Turn R onto Tide Arch.
  • Flood Zone: AE
  • Subdivision Name: Ocean Lakes, Section O, Phase 4-C
  • Headline: Corner Lot...Close to Beach!
  • L V T Date: 03/18/2018
  • Phase: 4-C
  • Roads: Private, Paved
  • Sale/Rent: For Sale
  • Section: O
  • Waterfront Location: More than 5th row
  • Zoning: Res
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Major Subdivision: Ocean Sands
  • Newpoint Media: Yes
  • Office License Number: C7166
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

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

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: Common Electric, Common Insurance, Management, Pool, Road Maintenance, Tennis Courts, Walkways

Lot Info

  • Lot Description: Corner, Level, Cleared
  • Unit/Lot Number: Lot 141

Tax Info

  • Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 5, 2020
Sold by
Plj Investments Llc
Bought by
Davis Philip G and Davis Lisa W
Current Estimated Value
$1,277,516

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Outstanding Balance
$247,575
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$1,029,941

Purchase Details

Closed on
Jan 2, 2019
Sold by
Corolla Lot 41 Llc
Bought by
Davis Phillip G and Davis Lisa W

Purchase Details

Listed on
Mar 15, 2018
Closed on
Oct 5, 2018
Sold by
Coastland Development And Sales Inc
Bought by
Corolla Lot 41 Llc
Seller's Agent
Brad Beacham
Landmark Sotheby's Internation
Buyer's Agent
Four Seasons Realty
Four Seasons Realty
List Price
$180,000
Sold Price
$175,000
Premium/Discount to List
-$5,000
-2.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.60%

Purchase Details

Listed on
Mar 15, 2018
Closed on
Sep 28, 2018
Sold by
Coastland Corp
Bought by
Coastland Development And Sales Inc
Seller's Agent
Brad Beacham
Landmark Sotheby's Internation
Buyer's Agent
Four Seasons Realty
Four Seasons Realty
List Price
$180,000
Sold Price
$175,000
Premium/Discount to List
-$5,000
-2.78%
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
Davis Philip G -- None Available
Davis Phillip G -- None Available
Corolla Lot 41 Llc $175,000 None Available
Coastland Development And Sales Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Philip G $280,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/05/2018 10/05/18 Sold $175,000 -2.8% --
07/30/2018 07/30/18 Pending -- -- --
03/15/2018 03/15/18 For Sale $180,000 -- --
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 $8,138 $772,000 $180,000 $592,000
2024 $8,138 $772,000 $180,000 $592,000
2023 $8,122 $772,000 $180,000 $592,000
2022 $5,727 $772,000 $180,000 $592,000
2021 $4,910 $571,700 $160,000 $411,700
2020 $3,823 $571,700 $160,000 $411,700
2019 $2,567 $160,000 $160,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 99715

Outer Banks Association of REALTORS®

APN: 126A0000141000O