Seller's Agent in 2017
Brad Beacham
Landmark Sotheby's International Realty
(252) 202-6920
13 in this area
194 Total Sales
703 Mainsail Arch Corolla, NC 27927
Corolla NeighborhoodEstimated Value: $1,017,000 - $1,663,405
5
Beds
5.5
Baths
2,108
Sq Ft
$643/Sq Ft
Est. Value
Highlights
- Beach Front
- Heated In Ground Pool
- Dumbwaiter
- Ocean View
- Rooftop Deck
- Coastal Architecture
About This Home
As of June 2017Corolla Oceanfront Cottage! Beautiful ocean views! This 5 bedroom home has been renovated, upgraded and improved with high end finishes, furniture and decor. It is a great rental property but it is MUCH more than a rental home. This is a second home and it shows! New custom kitchen with "super white" granite counters, custom cabinets, tile back splash, wet bar and high end appliances. Beautiful hardwood floors and trim details with tons of natural light. Large, open living room with custom built-ins, gas fireplace with hand chipped stone mosaic tile surround, upscale finishes and views of the ocean. Large screened in porch creates a secondary, outside dining area. Large roof top deck maximizes the water views and privacy. Outdoor areas include sun decks, covered decks, screened porch, carport and pool area. Heated pool area is fenced, landscaped and offers plentiful deck space. ***Top floor has 1 bedroom and 1 bathroom, renovated kitchen, living room, dining room, access to screened porch, large decks and roof top deck. Mid floor has 4 bedrooms and 4 baths. 2 bedrooms have direct access to outdoor decks, hot tub and pool area. Ground level has a dry entry area, outside shower, carport with picnic table, fish cleaning sink, half bath, storage room and access to the outdoor pool. Half bath on ground level is great for coming off the beach or out of the pool.*** Exterior siding is brand new. Rents are consistent every year. Owners use a limited rental calendar. Potential to do more with open calendar should new owner like to maximize rentals. Over 100k booked for 2017! This is a must see home!
Last Agent to Sell the Property
Landmark Sotheby's International Realty License #194377 Listed on: 11/02/2016
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,874
Year Built
- Built in 1985
Lot Details
- 6,050 Sq Ft Lot
- Lot Dimensions are 55 x 110
- Beach Front
- 55 Feet of Waterfront
- Property fronts a private road
- Fenced Yard
- Landscaped
HOA Fees
- $40 Monthly HOA Fees
Home Design
- Coastal Architecture
- Cottage
- Reverse Style Home
- Asphalt Shingled Roof
- Piling Construction
- Vinyl Construction Material
Interior Spaces
- 2,108 Sq Ft Home
- Wet Bar
- Furnished
- Beamed Ceilings
- Cathedral Ceiling
- Ceiling Fan
- Gas Fireplace
- Window Treatments
- Screened Porch
- Ocean Views
Kitchen
- Dumbwaiter
- Oven or Range
- Microwave
- Ice Maker
- Dishwasher
- Granite Countertops
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- En-Suite Primary Bedroom
Laundry
- Dryer
- Washer
Pool
- Heated In Ground Pool
- Fiberglass Pool
- Outdoor Pool
- Spa
- Outdoor Shower
Outdoor Features
- Sun Deck
- Rooftop Deck
- Covered Deck
- Exterior Lighting
Utilities
- Forced Air Zoned Heating and Cooling System
- Heat Pump System
- Fuel Tank
- Municipal Utilities District for Water and Sewer
Listing and Financial Details
- Tax Lot 32
Community Details
Overview
- Association fees include common insurance, management, road maintenance, walkways
- Ocean Sands Subdivision
Recreation
- Community Boardwalk
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 31, 2019
Sold by
Molitano David J and Auchterlonie Jesica K
Bought by
Asterix Llc
Current Estimated Value
Purchase Details
Listed on
Nov 2, 2016
Closed on
Jun 12, 2017
Sold by
Sharpe Philip C and Veltri Diane L
Bought by
Molitano David J and Auchterlonie Jessica K
Seller's Agent
Brad Beacham
Landmark Sotheby's International Realty
Buyer's Agent
Sarah Brown
Keller Williams - Outer Banks
List Price
$1,195,000
Sold Price
$1,105,000
Premium/Discount to List
-$90,000
-7.53%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.47%
Original Mortgage
$884,000
Interest Rate
4.03%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 19, 2006
Sold by
Hornblow Michael and Hornblow Caroline B
Bought by
Sharpe Philip C and Veltri Diane L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,108,000
Interest Rate
6.29%
Mortgage Type
New Conventional
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Asterix Llc | -- | None Available | |
| Molitano David J | $1,105,000 | Attorney | |
| Sharpe Philip C | $13,850,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Molitano David J | $884,000 | |
| Previous Owner | Sharpe Philip C | $1,108,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/13/2017 06/13/17 | Sold | $1,105,000 | -7.5% | $524 / Sq Ft |
| 04/09/2017 04/09/17 | Pending | -- | -- | -- |
| 11/02/2016 11/02/16 | For Sale | $1,195,000 | -- | $567 / 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 | $11,797 | $1,045,100 | $770,000 | $275,100 |
| 2023 | $11,797 | $1,045,100 | $770,000 | $275,100 |
| 2022 | $8,515 | $1,045,100 | $770,000 | $275,100 |
| 2021 | $7,441 | $956,700 | $700,000 | $256,700 |
| 2020 | $6,960 | $956,700 | $700,000 | $256,700 |
| 2019 | $6,960 | $956,700 | $700,000 | $256,700 |
| 2018 | $7,057 | $956,700 | $700,000 | $256,700 |
| 2017 | $6,552 | $956,700 | $700,000 | $256,700 |
| 2016 | $5,873 | $956,700 | $700,000 | $256,700 |
| 2015 | $5,389 | $956,700 | $700,000 | $256,700 |
Source: Public Records
Agents Affiliated with this Home
-
Brad Beacham
-
Sarah Brown
Buyer's Agent in 2017
Sarah Brown
Keller Williams - Outer Banks
(252) 202-4251
15 in this area
88 Total Sales
-
Betty Neal
B
Buyer Co-Listing Agent in 2017
Betty Neal
Keller Williams - Outer Banks
(252) 202-5279
14 in this area
82 Total Sales
Map
Source: Outer Banks Association of REALTORS®
MLS Number: 94223
APN: 126A-000-0032-000P
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