NOT LISTED FOR SALE

677 Ocean Lake Trail Corolla, NC 27927

Estimated Value: $1,388,000 - $1,592,000

6 Beds
6.5 Baths
3,272 Sq Ft
$458/Sq Ft Est. Value

Last Sold May 24, 2021

Last sale price $1,200,014 $367 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $8,745/month

1 Day on Market

About This Home

As of May 2021

Beautifully maintained property!

Last Agent to Sell the Property

Sarah Spencer

Keller Williams - Outer Banks License #185795 Listed on: 04/06/2021

Keller Williams - Outer Banks

Co-Listed By

Amber Bodner Griffith

Keller Williams - Outer Banks License #222568

Last Buyer's Agent

Natalie Pinto

Keller Williams - Outer Banks License #324652

Keller Williams - Outer Banks

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,678

Year Built

  • Built in 2014

Lot Details

  • 6,098

HOA Fees

  • $127 Monthly HOA Fees

Interior Spaces

  • 3,272 Sq Ft Home
  • Furnished

Bedrooms and Bathrooms

  • 6 Bedrooms

Additional Features

  • Outdoor Pool
  • 6,098 Sq Ft Lot

Listing and Financial Details

  • Tax Lot 143

Community Details

Overview

  • Kathy Regan Association
  • Ocean Lakes Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,678

Year Built

Built in 2014

Lot Details

0

HOA Fees

$127 per month

Listing Details

  • Class: RESIDENTIAL
  • Heated Sq Ft: 3272
  • L V T Date: 05/26/2021
  • Phase: 4B
  • Sale/Rent: For Sale
  • Section: O
  • Waterfront Location: More than 5th row
  • Zoning: Res
  • Deed Book Pg Number: 234
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Major Subdivision: Ocean Sands
  • Newpoint Media: Yes
  • Office License Number: C30917
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 6
  • Full Bathrooms: 6
  • Furnishings Available: Yes
  • Partial Bathrooms: 1

Exterior Features

  • Pool: Yes
  • Pool: Private and Association
  • Pool Type: Private Pool, Association Pool

Condo/Co-op/Association

  • Association Fee: Yes
  • Estimated Annual Fee: 1525
  • Hoa Contact: Kathy Regan
  • HOA Contact: Signature Touch

Lot Info

  • Estimated Lot Sq Ft: 6098
  • Lot Number: Lot 143
  • Estimated Lot Size: 0.14
  • Deed Book: 1349

Rental Info

  • Rental Co: Shoreline OBX
  • Rental Cottage Name: Deja View
  • Rental Cottage Number: OS 01
  • Rental Turnover Day: Saturday
  • Rental Contact Name: Jennifer Hurd, Shoreline OBX
  • Rental Contact Phone: (252) 261-5300

Building Info

  • Year Built: 2014

Tax Info

  • Year: 2020
  • Taxes: 4678.44

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2021
Closed on
May 14, 2021
Sold by
Nakat Sam S and Nakat Darine
Bought by
Ritchie Stuart James and Ritchie Laura Michelle
Seller's Agent
Sarah Spencer
Keller Williams - Outer Banks
Buyer's Agent
Natalie Pinto
Keller Williams - Outer Banks
List Price
$1,200,000
Sold Price
$1,200,014
Premium/Discount to List
$14
0.001%
Current Estimated Value
$1,500,066

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$300,052
Avg. Annual Appreciation
4.95%
Original Mortgage
$959,997
Outstanding Balance
$866,289
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$633,777

Purchase Details

Listed on
Mar 16, 2015
Closed on
Dec 11, 2015
Sold by
Tomassini William E and Tomassini Gail
Bought by
Nakat Sam S
Seller's Agent
Sarah Spencer
Keller Williams - Outer Banks
Buyer's Agent
Amber Bodner Griffith
Keller Williams - Outer Banks
List Price
$849,000
Sold Price
$790,000
Premium/Discount to List
-$59,000
-6.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.97%
Original Mortgage
$632,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 25, 2013
Closed on
Dec 3, 2013
Sold by
Coastland Development & Sales Inc
Bought by
Tomassini William E and Tomassini Gail
Seller's Agent
Sarah Spencer
Keller Williams - Outer Banks
Buyer's Agent
Sarah Spencer
Keller Williams - Outer Banks
List Price
$185,000
Sold Price
$183,500
Premium/Discount to List
-$1,500
-0.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
106.00%
Original Mortgage
$513,200
Interest Rate
4.16%
Mortgage Type
Construction

Purchase Details

Listed on
Oct 25, 2013
Closed on
Nov 27, 2013
Sold by
Coastland Corporation
Bought by
Coastland Development & Sales Inc
Seller's Agent
Sarah Spencer
Keller Williams - Outer Banks
Buyer's Agent
Sarah Spencer
Keller Williams - Outer Banks
List Price
$185,000
Sold Price
$183,500
Premium/Discount to List
-$1,500
-0.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$513,200
Interest Rate
4.16%
Mortgage Type
Construction
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
Ritchie Stuart James $1,200,500 None Available
Nakat Sam S $790,000 Attorney
Tomassini William E $183,500 None Available
Coastland Development & Sales Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ritchie Stuart James $959,997
Previous Owner Nakat Sam S $632,000
Previous Owner Tomassini William E $513,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/24/2021 05/24/21 Sold $1,200,014 0.0% $367 / Sq Ft
04/07/2021 04/07/21 Pending -- -- --
04/06/2021 04/06/21 For Sale $1,200,000 +51.9% $367 / Sq Ft
12/11/2015 12/11/15 Sold $790,000 -6.9% $241 / Sq Ft View Prior Sale
10/25/2015 10/25/15 Pending -- -- --
03/16/2015 03/16/15 For Sale $849,000 +362.7% $259 / Sq Ft
12/05/2013 12/05/13 Sold $183,500 -0.8% -- View Prior Sale
10/25/2013 10/25/13 For Sale $185,000 -- --
10/24/2013 10/24/13 Pending -- -- --
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 $9,381 $797,600 $180,000 $617,600
2024 $9,381 $797,600 $180,000 $617,600
2023 $9,365 $797,600 $180,000 $617,600
2022 $6,781 $797,600 $180,000 $617,600
2021 $5,914 $616,100 $160,000 $456,100
2020 $4,678 $616,100 $160,000 $456,100
2019 $4,678 $616,100 $160,000 $456,100
2018 $4,742 $616,100 $160,000 $456,100
2017 $4,403 $616,100 $160,000 $456,100
2016 $3,956 $616,100 $160,000 $456,100
2015 $3,636 $616,100 $160,000 $456,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 114557

Outer Banks Association of REALTORS®

APN: 126A-000-0143-000O