650 Wave Arch Corolla, NC 27927
Corolla Neighborhood
5
Beds
5.5
Baths
2,550
Sq Ft
6,000
Sq Ft Lot
Highlights
- Community Beach Access
- In Ground Pool
- Cathedral Ceiling
- Ocean View
- Clubhouse
- Loft
About This Home
As of December 2020Location, Price, and rental income, this house has it all. Wonderful and expansive ocean views from the top level sundeck that also captures excellent ocean breezes. This same deck also give you excellent views of the sunrise over the ocean and sunset off to the west. The back decks and pool area also offer extra privacy due to the open space between your lot and the neighbors. Inside the top level you will find a large open great room and gas fireplace with access to two decks as well as a dining area and well laid out kitchen. The top level also has the Master bedroom and bath with deck access. The top level is rounded off with loft card room with ocean views. The mid level has 3 master bedrooms each with deck access from sliding doors as well a den/office/sitting room and a large owners locked closet. Located between the top level and mid level you will find a powder room. On the ground floor you will find the 5th bedroom, a full bathroom with access to the pool, laundry area, and a second den/recreation area with a second refrigerator. The ground level also has two large closets for owners storage and additional storage. Outside of this recreation area you have access to the gated gunite pool with concrete deck and hot tub. There is also a a private outdoor shower with another large closet for all your beach toys underneath the decks and house. This house is located on a large corner lot that is well landscaped for low maintenance with easy beach access and awesome ocean views! Great rental income, location and condition of this house make it an awesome deal!
Last Agent to Sell the Property
Beach House Brokers, LLC License #249929 Listed on: 03/17/2012
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,879
Year Built
- Built in 2000
Lot Details
- 6,000 Sq Ft Lot
- Corner Lot
- Level Lot
HOA Fees
- $65 Monthly HOA Fees
Property Views
- Ocean
- Lake
Home Design
- Reverse Style Home
- Frame Construction
- Asphalt Shingled Roof
- Piling Construction
- Cement Board or Planked
Interior Spaces
- 2,550 Sq Ft Home
- Furnished
- Cathedral Ceiling
- Ceiling Fan
- Gas Fireplace
- Window Treatments
- Loft
- Fire and Smoke Detector
- Washer
Kitchen
- Oven or Range
- Microwave
- Ice Maker
- Dishwasher
Flooring
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- En-Suite Primary Bedroom
Pool
- In Ground Pool
- Spa
- Outdoor Shower
- Gunite Pool
Outdoor Features
- Sun Deck
- Exterior Lighting
Utilities
- Zoned Heating and Cooling System
- Heat Pump System
- Municipal Utilities District Water
- Community Sewer or Septic
Listing and Financial Details
- Tax Lot 43
Community Details
Overview
- Association fees include management, pool, road maintenance, tennis courts
- Ocean Sands Subdivision
Amenities
- Clubhouse
Recreation
- Community Boardwalk
- Community Beach Access
- Tennis Courts
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 18, 2020
Closed on
Dec 18, 2020
Sold by
Tshudy Julie A
Bought by
Morrison Valerie J and Morrison James Scott
Seller's Agent
Catherine Strachan
Brindley Beach Vacations & Sales-Duck
Buyer's Agent
Kaleigh DiPietro
Twiddy and Co. - Duck
List Price
$650,000
Sold Price
$636,500
Premium/Discount to List
-$13,500
-2.08%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$387,981
Avg. Annual Appreciation
17.77%
Original Mortgage
$477,375
Outstanding Balance
$429,873
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$925,196
Purchase Details
Closed on
Jan 23, 2020
Sold by
Tshudy Thomas P and Tshudy Julie A
Bought by
Tshudy Julie A
Purchase Details
Listed on
Mar 17, 2012
Closed on
Oct 11, 2012
Sold by
Mills Jere M and Mills Mary L
Bought by
Tshudy Thomas P and Tshudy Julie A
Seller's Agent
Andy Tucker
Beach House Brokers, LLC
Buyer's Agent
Catherine Strachan
Brindley Beach Vacations & Sales-Duck
List Price
$639,900
Sold Price
$515,000
Premium/Discount to List
-$124,900
-19.52%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.86%
Purchase Details
Closed on
Dec 1, 2005
Sold by
Santella Robert N and Santella Lori M
Bought by
Mills Jere M and Mills Mary L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$662,000
Interest Rate
5.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Similar Homes in Corolla, NC
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $636,500 | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $515,000 | None Available | |
| Warranty Deed | $887,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $477,375 | New Conventional | |
| Closed | $477,375 | New Conventional | |
| Previous Owner | $662,000 | Adjustable Rate Mortgage/ARM |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/18/2020 12/18/20 | Sold | $636,500 | -2.1% | $239 / Sq Ft |
| 11/21/2020 11/21/20 | For Sale | $650,000 | 0.0% | $244 / Sq Ft |
| 10/21/2020 10/21/20 | Pending | -- | -- | -- |
| 10/18/2020 10/18/20 | For Sale | $650,000 | +26.2% | $244 / Sq Ft |
| 10/23/2012 10/23/12 | Sold | $515,000 | -19.5% | $202 / Sq Ft |
| 09/17/2012 09/17/12 | Pending | -- | -- | -- |
| 03/17/2012 03/17/12 | For Sale | $639,900 | -- | $251 / Sq Ft |
Source: Outer Banks Association of REALTORS®
Tax History Compared to Growth
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 | $7,033 | $593,000 | $180,000 | $413,000 |
| 2023 | $7,033 | $558,700 | $180,000 | $378,700 |
| 2022 | $4,858 | $558,700 | $180,000 | $378,700 |
| 2021 | $4,251 | $468,100 | $160,000 | $308,100 |
| 2020 | $3,617 | $468,100 | $160,000 | $308,100 |
| 2019 | $3,606 | $468,100 | $160,000 | $308,100 |
| 2018 | $3,655 | $468,100 | $160,000 | $308,100 |
| 2017 | $3,393 | $468,100 | $160,000 | $308,100 |
| 2016 | $3,054 | $468,100 | $160,000 | $308,100 |
| 2015 | $2,813 | $468,100 | $160,000 | $308,100 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2020
Catherine Strachan
Brindley Beach Vacations & Sales-Duck
(252) 489-9540
56 in this area
183 Total Sales
-
Seller Co-Listing Agent in 2020
Edith Rowe
Brindley Beach Vacations & Sales-Duck
(252) 202-6165
70 in this area
228 Total Sales
-
K
Buyer's Agent in 2020
Kaleigh DiPietro
Twiddy and Co. - Duck
(222) 222-2222
22 in this area
39 Total Sales
-
A
Seller's Agent in 2012
Andy Tucker
Beach House Brokers, LLC
(252) 202-7873
7 in this area
67 Total Sales
-
Seller Co-Listing Agent in 2012
Johanna Tucker
OBX Surf Realty, LLC
(252) 202-7675
10 in this area
56 Total Sales
Map
Source: Outer Banks Association of REALTORS®
MLS Number: 74079
APN: 126A-000-0043-000O
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