Seller's Agent in 2018
Brad Beacham
Landmark Sotheby's International Realty
(252) 202-6920
16 in this area
206 Total Sales
705 Mainsail Arch Corolla, NC 27927
Corolla NeighborhoodEstimated Value: $1,119,000 - $1,498,367
5
Beds
3
Baths
2,040
Sq Ft
$643/Sq Ft
Est. Value
Highlights
- 55 Feet of Waterfront
- Ocean View
- Furnished
- Community Beach Access
- Second Refrigerator
- Outdoor Shower
About This Home
As of June 2018Oceanfront Opportunity! Investment opportunity! Ocean Views. Rent it and use it for now with the opportunity to build your dream home down the road. Home is older but has been cared for. Owner built the home with 2X6 walls and 30' pilings. Bones are good with solid foundation. Home is perched on top of a very high elevation lot. Great ocean views. Upper level has great room, dining room and kitchen, bedroom and a full bath. The sliding glass doors open up to a sun deck with panoramic ocean views. Mid level of the home has a master bedroom/bathroom, 3 more bedrooms with a shared bath, sitting room and laundry closet. Walk to the beach out your back door! Close to shops, restaurants and golf! Lots of potential...a must see!
Last Agent to Sell the Property
Landmark Sotheby's International Realty License #194377 Listed on: 08/17/2017
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,840
Year Built
- Built in 1985
Lot Details
- 55 Feet of Waterfront
- Ocean Front
- Property fronts a private road
HOA Fees
- $42 Monthly HOA Fees
Parking
- Paved Parking
Home Design
- Reverse Style Home
- Frame Construction
- Asphalt Shingled Roof
- Wood Siding
- Piling Construction
Interior Spaces
- 2,040 Sq Ft Home
- Furnished
- Ceiling Fan
- Ocean Views
- Fire and Smoke Detector
Kitchen
- Oven or Range
- Microwave
- Second Refrigerator
- Ice Maker
- Dishwasher
- Laminate Countertops
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Outdoor Shower
- Sun Deck
Utilities
- Heat Pump System
- Municipal Utilities District for Water and Sewer
Listing and Financial Details
- Tax Lot 33
Community Details
Overview
- Association fees include management, walkways
- Ocean Sands Subdivision
Recreation
- Community Beach Access
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 17, 2017
Closed on
Jun 19, 2018
Sold by
Mcmillan Family Limitred Partnership
Bought by
Salvetti Jared P and Salvetti Jamie L
Seller's Agent
Brad Beacham
Landmark Sotheby's International Realty
Buyer's Agent
Carolyn Bibeau
Carolyn Bibeau Real Estate Sales
List Price
$795,000
Sold Price
$615,000
Premium/Discount to List
-$180,000
-22.64%
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
$690,832
Avg. Annual Appreciation
11.18%
Original Mortgage
$38,900
Interest Rate
4.6%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 31, 1899
Bought by
Mcmillan Family Lp
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 |
|---|---|---|---|
| Salvetti Jared P | $615,000 | None Available | |
| Mcmillan Family Lp | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Salvetti Jared P | $478,125 | |
| Closed | Salvatti Jared P | $38,900 | |
| Closed | Salvetti Jared P | $453,100 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/22/2018 06/22/18 | Sold | $615,000 | -5.4% | $301 / Sq Ft |
| 06/01/2018 06/01/18 | Pending | -- | -- | -- |
| 05/17/2018 05/17/18 | Price Changed | $650,000 | -7.0% | $319 / Sq Ft |
| 01/18/2018 01/18/18 | Price Changed | $699,000 | -8.6% | $343 / Sq Ft |
| 11/25/2017 11/25/17 | Price Changed | $765,000 | -3.8% | $375 / Sq Ft |
| 08/17/2017 08/17/17 | For Sale | $795,000 | -- | $390 / 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 | $11,319 | $1,008,700 | $770,000 | $238,700 |
| 2023 | $11,319 | $975,100 | $770,000 | $205,100 |
| 2022 | $7,918 | $975,100 | $770,000 | $205,100 |
| 2021 | $6,798 | $855,000 | $700,000 | $155,000 |
| 2020 | $6,207 | $855,000 | $700,000 | $155,000 |
| 2019 | $6,204 | $855,000 | $700,000 | $155,000 |
| 2018 | $6,290 | $855,000 | $700,000 | $155,000 |
| 2017 | $5,840 | $855,000 | $700,000 | $155,000 |
| 2016 | $5,241 | $855,000 | $700,000 | $155,000 |
| 2015 | $4,808 | $855,000 | $700,000 | $155,000 |
Source: Public Records
Agents Affiliated with this Home
-
-
C
Buyer's Agent in 2018
Carolyn Bibeau
Carolyn Bibeau Real Estate Sales
(252) 562-2485
1 in this area
15 Total Sales
Map
Source: Outer Banks Association of REALTORS®
MLS Number: 97512
APN: 126A-000-0033-000P
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