NOT LISTED FOR SALE

655 Pampas Ct Corolla, NC 27927

Estimated Value: $897,607 - $936,000

5 Beds
3.5 Baths
2,394 Sq Ft
$385/Sq Ft Est. Value

Last Sold August 17, 2017

Last sale price $514,000 $215 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $5,414/month

170 Days on Market

Highlights

  • Community Beach Access
  • Lake View
  • Low Country Architecture
  • In Ground Pool
  • Wood Flooring
  • Main Floor Bedroom

About This Home

As of August 2017

House finished May 20,2017; booked over $30,000 in 3 weeks. Annual rental projection $45,864. New cottage completely finished and furnished. Currently booking 2017 rentals through VRBO, new owner will have income this summer/fall. Short walk to the beach and beautiful views of Semi-Lakefront. Quality built home conforming to all new energy building codes. Granite counters, wood floors, large covered decks, game room. Poolside TV & Bluetooth stereo. Private in ground fiberglass swimming pool with vinyl pool fence.

Last Agent to Sell the Property

Gary Woodson

OBHOA, LLC License #262354 Listed on: 01/27/2017

Last Buyer's Agent

Adam Houff

Keller Williams - Outer Banks License #294098

Keller Williams - Outer Banks

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2017

Lot Details

  • 5,997 Sq Ft Lot
  • Level Lot

HOA Fees

  • $78 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Low Country Architecture
  • Bungalow
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Vinyl Construction Material

Interior Spaces

  • 2,394 Sq Ft Home
  • Furnished
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Game Room
  • Utility Room
  • Lake Views
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Fiberglass Pool
  • Outdoor Pool

Outdoor Features

  • Sun Deck
  • Covered Deck

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District Water
  • Private Sewer

Listing and Financial Details

  • Tax Lot 162

Community Details

Overview

  • Association fees include common electric, common insurance, management, pool, security, tennis courts, walkways
  • Bob Defazio Association, Phone Number (252) 453-2105
  • Ocean Sands Subdivision

Recreation

  • Community Boardwalk
  • Community Beach Access
  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Year Built

Built in 2017

Lot Details

0

HOA Fees

$78 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Bungalow, Low Country
  • Directions: From Hwy 12, East on Seabird way, Left on Ocean Lake then make a left on Pampas Court. House is on Right.
  • Extras: Beach Access, Ceiling Fan(s), Covered Decks, Smoke Detector(s), Sun Deck, Dry Entry
  • Flood Zone: AE
  • Subdivision Name: OCEAN LAKES SUBD PHASE 4-B OCEAN SANDS SEC O
  • Headline: Three minute walk to beach
  • Heated Sq Ft: 2394
  • L V T Date: 01/30/2017
  • Phase: 4-B
  • Roads: Paved
  • Sale/Rent: For Sale
  • Section: O
  • Waterfront Location: 4 - lots from oceanfront (5th row)
  • Zoning: R
  • Deed Book Pg Number: 283
  • Major Subdivision: Ocean Sands
  • Office License Number: C19963
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 5
  • Bedroom 1: Master, On Level: 2
  • Bedroom 2: On Level: 3
  • Bedroom 3: On Level: 3
  • Bedroom 4: On Level: 1
  • Bedroom 5: On Level: 1
  • Kitchen: On Level: 2
  • Countertops: Granite
  • Floor Coverings: Carpet, Ceramic Tile, Hardwood
  • Foundation: Piling
  • Full Bathrooms: 3
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, Dryer Connection, Ice Maker Connection, Ensuite, Pantry, Walk in Closet, Washer Connection
  • Dining Room: On Level: 2
  • Family Room: On Level: 2
  • Game Room: On Level: 1
  • Living Room: On Level: 2
  • Optional Rooms: Foyer, Pantry
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame
  • Exterior: Vinyl
  • Pool: Yes
  • Pool: Private and Association
  • Pool Type: Outdoor, In Ground, Fiberglass, Private Pool, Association Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Lake/River

Garage/Parking

  • Garage: Carport
  • Parking: Off Street

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Common Electric, Common Insurance, Management, Pool, Security, Tennis Courts, Walkways
  • Association Amenities: Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Board Walk
  • Association Fee: Yes
  • Estimated Annual Fee: 930
  • Hoa Contact: Bob DeFazio
  • HOA Contact: 252-453-2105
  • Home Owner Dwelling Insurance: 476

Lot Info

  • Estimated Lot Sq Ft: 5997
  • Lot Description: Level
  • Lot Number: Lot 162
  • Deed Book: 1374

Rental Info

  • Est Annual Rental Income: 54671
  • Estimated Rental Performance: 0.1064
  • Flood Expenses: 753
  • Rental Co: VRBO
  • Rental Cottage Number: 1065275
  • Rental Turnover Day: Varies

Building Info

  • Year Built: 2017

Tax Info

  • Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2017
Closed on
Aug 11, 2017
Sold by
Obhoa Llc
Bought by
Shanly Jeremy P and Shanly Kelly Ann
Seller's Agent
Gary Woodson
OBHOA, LLC
Buyer's Agent
Adam Houff
Keller Williams - Outer Banks
List Price
$524,000
Sold Price
$514,000
Premium/Discount to List
-$10,000
-1.91%
Current Estimated Value
$921,652

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$407,652
Avg. Annual Appreciation
7.22%
Original Mortgage
$411,200
Outstanding Balance
$341,469
Interest Rate
3.96%
Mortgage Type
New Conventional
Estimated Equity
$580,183

Purchase Details

Listed on
Nov 5, 2015
Closed on
Aug 2, 2016
Sold by
Coastland Development & Sales Inc
Bought by
Obhoa Llc
Seller's Agent
Brad Beacham
Landmark Sotheby's Internation
Buyer's Agent
Gary Woodson
OBHOA, LLC
List Price
$135,000
Sold Price
$120,000
Premium/Discount to List
-$15,000
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
305.03%
Original Mortgage
$325,000
Interest Rate
3.56%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Shanly Jeremy P $514,000 Attorney
Obhoa Llc $120,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shanly Jeremy P $411,200
Previous Owner Obhoa Llc $325,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/17/2017 08/17/17 Sold $514,000 -1.9% $215 / Sq Ft
07/16/2017 07/16/17 Pending -- -- --
01/27/2017 01/27/17 For Sale $524,000 +336.7% $219 / Sq Ft
08/02/2016 08/02/16 Sold $120,000 -11.1% -- View Prior Sale
05/26/2016 05/26/16 Pending -- -- --
11/05/2015 11/05/15 For Sale $135,000 -- --
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 $6,251 $520,500 $150,000 $370,500
2024 $6,251 $520,500 $150,000 $370,500
2023 $6,235 $520,500 $150,000 $370,500
2022 $4,549 $520,500 $150,000 $370,500
2021 $3,872 $390,000 $135,000 $255,000
2020 $2,961 $390,000 $135,000 $255,000
2019 $2,961 $390,000 $135,000 $255,000
2018 $3,000 $392,600 $135,000 $257,600
2017 $1,045 $135,000 $135,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 94995

Outer Banks Association of REALTORS®

APN: 126A0000162000O