NOT LISTED FOR SALE

655 Ocean Lake Trail Corolla, NC 27927

Corolla Neighborhood

Estimated Value: $799,000 - $927,000

5 Beds
4.5 Baths
2,793 Sq Ft
$310/Sq Ft Est. Value

Last Sold March 29, 2018

Last sale price $464,500 $166 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $5,294/month

10 Days on Market

Highlights

  • Community Beach Access
  • Spa
  • Second Refrigerator
  • Ocean View
  • Rooftop Deck
  • Cathedral Ceiling

About This Home

As of March 2018

So fresh and so clean! Beautiful house located less than 500 feet to the wide soft sand beaches of Corolla. This pristine property boasts ocean views, large decks, open floor plan, large master bedrooms, updated kitchen with granite counters and "soft close" cabinets, game room, and a roof top deck perfect for watching sunrises and sunsets! The master bedrooms are large, spacious, and well appointed. No need to look for furniture as this home is move in ready and includes all the furnishings, even the hot tub! Short walking distance to the community's common area, tennis, and swimming pool. The proximity to the amenities gives the home an open feel and views that can be hard to come by in Ocean Sands. The kitchen has had upgrades including granite counters, tile floors, cabinets, and all new stainless steel appliances. Exterior had a fresh coat of paint in 2016. Additional upgrades over the last 5/6 years include; carpet, HVAC units, washer/dryer, hot water heater, drapes, French drains, rear siding, sofas, futon, bedroom fans, Foosball table, and mattresses. You will not be disappointed with the quality of the home and easy walk to the beach. The home has been taken care of as if it were a personal residence, not a vacation rental. Excellent choice for anyone looking for a second home, rental property, or primary residence. Thinking about adding a swimming pool? Recently learned a pool addition is possible. RENTAL PROJECTION WITH POOL $62,610! That's a possible 12.6% GRI! Contact me today for more details regarding rental history, expenses, or to schedule a tour.

Last Agent to Sell the Property

Steven Gross

Twiddy and Company - Corolla License #288399 Listed on: 02/01/2018

Last Buyer's Agent

Jane Plante

Coldwell Banker Seaside Realty - KDH License #286312

Coldwell Banker Seaside Realty - KDH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,128

Year Built

  • Built in 1996

Lot Details

  • Lot includes common area
  • Landscaped
  • Level Lot

HOA Fees

  • $80 Monthly HOA Fees

Parking

  • Paved Parking

Home Design

  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 2,793 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Entrance Foyer
  • Game Room
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Second Refrigerator
  • Ice Maker
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Spa
  • Outdoor Pool
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Rooftop Deck

Utilities

  • Heat Pump System
  • Municipal Utilities District Water

Listing and Financial Details

  • Tax Lot 25

Community Details

Overview

  • Bob Defazio Association
  • Ocean Sands Subdivision

Amenities

  • Common Area

Recreation

  • Community Beach Access
  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,128

Year Built

Built in 1996

Lot Details

0

HOA Fees

$80 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: Turn into Section HIJO of Ocean Sands. Head down to the oceanfront and go left at the fork. Home is across the street from Community Pool and Tennis.
  • Extras: Beach Access, Ceiling Fan(s), Hot Tub, Jet Tub, Landscaped, Outside Shower, Sun Deck, Roof Top Deck, Inside Laundry Room
  • Flood Zone: AE, X
  • Headline: Steps to the Beach!
  • Heated Sq Ft: 2793
  • L V T Date: 02/01/2018
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: O
  • Waterfront Location: More than 5th row
  • Zoning: Res
  • Deed Book Pg Number: 73
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Major Subdivision: Ocean Sands
  • Newpoint Media: Yes
  • Office License Number: C4556
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer, 2nd Refrigerator
  • Bedrooms: 5
  • Countertops: Granite
  • Floor Coverings: Carpet, Tile
  • Foundation: Piling
  • Full Bathrooms: 4
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Gas Fireplace, Ensuite, Pantry
  • Dining Room: Open Floor
  • Living Room: Open Floor
  • Optional Rooms: Foyer, Game Room, Office
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool: Association
  • Pool Type: Outdoor, Public, Association Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Garage: Carport
  • Parking: Paved

Utilities

  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Water: Municipal

Condo/Co-op/Association

  • Association Amenities: Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 960
  • Hoa Contact: Bob Defazio

Lot Info

  • Lot Description: Adj. To Common Area, Level
  • Lot Number: Lot 25
  • Deed Book: 1163

Rental Info

  • Lease Terms: Weekly
  • Rental Co: Twiddy and Company
  • Rental Cottage Name: REST ASHORED
  • Rental Cottage Number: GOL25
  • Rental Turnover Day: Sunday

Building Info

  • Year Built: 1996

Tax Info

  • Year: 2017
  • Taxes: 3128

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 1, 2020
Sold by
Swann William C and Swann Nancy M
Bought by
Obrien Ciaran and Obrien Sharon
Total Days on Market
10
Current Estimated Value
$867,046

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$455,400
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 1, 2018
Closed on
Mar 29, 2018
Sold by
Bailey Boo Llc
Bought by
Glynn Timothy Frances and Glynn Dawn Smith
Seller's Agent
Steven Gross
Twiddy and Company - Corolla
Buyer's Agent
Jane Plante
Coldwell Banker Seaside Realty - KDH
List Price
$485,000
Sold Price
$464,500
Premium/Discount to List
-$20,500
-4.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.75%
Original Mortgage
$418,050
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 10, 2011
Sold by
Venturino Anthony P and Venturino Louise M
Bought by
Bailey Boo Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,000
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 13, 2011
Sold by
Fego Paul J and Fego Mary Anne
Bought by
Venturino Anthony P and Venturino Louise M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,000
Interest Rate
4.25%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Obrien Ciaran $506,000 None Available
Glynn Timothy Frances $464,500 None Available
Bailey Boo Llc -- None Available
Venturino Anthony P $470,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Glynn Dawn Smith $100,000
Open Glynn Timothy Francis $407,000
Closed Obrien Ciaran $455,400
Previous Owner Smith Glynn Timothy Francis $100,000
Previous Owner Glynn Timothy Frances $418,050
Previous Owner Venturino Anthony P $376,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2018 03/29/18 Sold $464,500 -4.2% $166 / Sq Ft
02/11/2018 02/11/18 Pending -- -- --
02/01/2018 02/01/18 For Sale $485,000 -- $174 / 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 $5,984 $515,600 $180,000 $335,600
2023 $5,984 $515,600 $180,000 $335,600
2022 $4,370 $515,600 $180,000 $335,600
2021 $3,661 $428,100 $160,000 $268,100
2020 $3,316 $428,100 $160,000 $268,100
2019 $3,316 $428,100 $160,000 $268,100
2018 $3,361 $428,100 $160,000 $268,100
2017 $3,128 $428,100 $160,000 $268,100
2016 $2,811 $428,100 $160,000 $268,100
2015 $2,597 $428,100 $160,000 $268,100
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Outer Banks Association of REALTORS®

MLS Number: 99097

Outer Banks Association of REALTORS®

APN: 126A-000-0025-000O