NOT LISTED FOR SALE

709 Spinnaker Arch Corolla, NC 27927

Estimated Value: $1,544,000 - $2,022,739

6 Beds
7 Baths
3,196 Sq Ft
$547/Sq Ft Est. Value

Last Sold April 21, 2022

Last sale price $1,925,000 $602 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $10,340/month

8 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Second Refrigerator
  • Community Beach Access
  • Heated In Ground Pool
  • Contemporary Architecture

About This Home

As of April 2022

This impressive oceanfront vacation home in Ocean Sands section Q offers incredible ocean views from two levels, 6 bedrooms, 5 full bathrooms, 2 half baths, an open floor plan, game room, multiple decks, pool & hot tub with Tiki bar, and much more. The pride of ownership shows in this well-maintained home. The upper-level features breathtaking ocean views from the large open family room, dining area, and kitchen. Hardwood floors, cathedral ceiling, and a wall of ocean view windows provide the perfect frame to the picturesque ocean vista. A large, freshly stained sun deck spans the upper level, overlooking the pool area and the wide expanse of the Atlantic. Cooking for a crowd is easy in the spacious kitchen complete with tons of counter space and cabinet storage, along with 2 dishwashers and stainless appliances which include a separate ice maker at the breakfast bar. A primary en Suite with new LVT flooring and a custom tiled shower is also located on this level, as well as a convenient powder bath. The mid-level also has new LVT flooring and another 4 bedrooms- two of which are en Suite, and two guest rooms that share a Jack 'n Jill full bathroom. The seaside bedrooms have captivating ocean views and access to the (freshly stained) wide covered deck. On the ground level, you will find a large game room/ den area with wet bar, pool/ping pong table, convenient half bath, laundry, and the final spacious en Suite bedroom with new LVT flooring. Rounding out this pristine home is the fantastic outdoor space. Perfect for poolside entertaining, you will find a Tiki bar with beverage fridge, hot tub, heated 13x31’ pool, and plenty of room to spread out and soak up the Carolina rays. The path to the boardwalk provides direct access to the life-guarded beach. This attractive, well-laid-out vacation home is a favorite with guests and has what the discerning buyer is looking for:? consistent rental income, turn-key condition, X flood zone, proximity to shops and attractions, and those awesome ocean views from not one, but two floors!

Last Agent to Sell the Property

Matt Myatt

Keller Williams - Outer Banks License #218707 Listed on: 03/03/2022

Keller Williams - Outer Banks

Co-Listed By

Terry Blocher

Keller Williams - Outer Banks License #271673

Last Buyer's Agent

Trisha Midgett

Midgett Realty - Rodanthe License #162204

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,194

Year Built

  • Built in 1998

Lot Details

  • 6,050 Sq Ft Lot
  • Lot Dimensions are 55x110
  • Beach Front
  • Level Lot
  • Property is zoned SFO

HOA Fees

  • $75 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Vinyl Construction Material

Interior Spaces

  • 3,196 Sq Ft Home
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Game Room
  • Ocean Views

Kitchen

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

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Parking

  • Paved Parking
  • Off-Street Parking

Pool

  • Heated In Ground Pool
  • Fiberglass Pool
  • Outdoor Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Exterior Lighting
  • Tiki or Chickee Hut

Utilities

  • Heat Pump System
  • Municipal Utilities District Water
  • Community Sewer or Septic

Listing and Financial Details

  • Tax Lot #67

Community Details

Overview

  • Association fees include road maintenance
  • Signature Touch Association, Phone Number (252) 441-8857
  • Ocean Sands Subdivision

Recreation

  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,194

Year Built

Built in 1998

Lot Details

0

HOA Fees

$75 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary, Reverse Floor Plan
  • Directions: Ocean Trail north to right onto Driftwood Way, left to stay on Spinnaker Arch. Home is on the right.
  • Extras: Ceiling Fan(s), Covered Decks, Hot Tub, Outside Lighting, Outside Shower, Sun Deck, Tiki Bar, Dry Entry
  • Flood Zone: X
  • Headline: Ocean Front!
  • Heated Sq Ft: 3196
  • L V T Date: 03/03/2022
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: Q
  • Waterfront Location: Oceanfront
  • Zoning: SFO
  • Advertised Income 2020: 111239
  • Advertised Income 2021: 138794
  • Advertised Income 2022: 156557
  • Deed Book Pg Number: 148
  • 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

  • Appliances: Dishwasher, Dryer, Ice Machine, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer, 2nd Dishwasher, 2nd Refrigerator
  • Bedrooms: 6
  • Countertops: Granite
  • Floor Coverings: Carpet, Ceramic Tile, Vinyl Tile, Plank
  • Foundation: Piling
  • Full Bathrooms: 5
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Washer Connection, Wet Bar
  • Optional Rooms: Game Room
  • Partial Bathrooms: 2

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Vinyl
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Fiberglass, Heated, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Parking: Paved, Off Street

Utilities

  • Cooling: Heat Pump
  • Heating: Electric, Heat Pump
  • Sewer/Septic System: Community Septic
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Road Maintenance
  • Association Amenities: Ocean Access
  • Association Fee: Yes
  • Estimated Annual Fee: 900
  • Hoa Contact: Signature Touch
  • HOA Contact: 252-441-8857
  • Home Owner Dwelling Insurance: 967

Lot Info

  • Estimated Lot Sq Ft: 6050
  • Lot Description: Beach Frontage, Level
  • Lot Size: 55x110
  • Lot Number: Lot #67
  • Estimated Lot Size: 0.14
  • Deed Book: 1436

Rental Info

  • Est Annual Rental Income: 156557
  • Estimated Rental Performance: 0.0813
  • Lease Terms: Weekly
  • Poolspa Expense: 3665
  • Rental Co: Brindley Beach Vacations
  • Rental Cottage Name: Carolina'cation
  • Rental Cottage Number: OS7Q
  • Rental Phone Number: 252-253-3580
  • Rental Turnover Day: SATURDAY
  • Yearly Expense Actual Estimate: Actual
  • Annual Cable TV Expense: 2160
  • Annual Electric: 4094
  • Annual Water Expense: 4173
  • Rental Contact Email: Kami@brindleybeach.com
  • Rental Contact Name: Kami Trusz
  • Rental Contact Phone: 252-253-3580

Building Info

  • Year Built: 1998

Tax Info

  • Year: 2022
  • Taxes: 8194

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2022
Closed on
Apr 6, 2022
Sold by
Dirocco Joseph M and Dirocco Stacia C
Bought by
Happy Medium Properties Llc
Seller's Agent
Matt Myatt
Keller Williams - Outer Banks
Buyer's Agent
Trisha Midgett
Midgett Realty - Rodanthe
List Price
$1,925,000
Sold Price
$1,925,000
Current Estimated Value
$1,749,685

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$175,315
Avg. Annual Appreciation
-2.55%

Purchase Details

Listed on
Aug 1, 2017
Closed on
Mar 2, 2018
Sold by
Payne Alfred B and Payne Susan B
Bought by
Dirocco Joseph M and Dirocco Stacia C
Seller's Agent
Sarah Spencer
Keller Williams - Outer Banks
Buyer's Agent
Matt Myatt
Keller Williams - Outer Banks
List Price
$1,249,000
Sold Price
$1,150,000
Premium/Discount to List
-$99,000
-7.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.25%
Original Mortgage
$800,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 12, 2005
Sold by
Kern Thomas F and Kern Carol W
Bought by
Payne Alfred B and Payne Susan B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,185,925
Interest Rate
6%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Happy Medium Properties Llc $9,625,000 Evans & Meads Pllc
Dirocco Joseph M $1,150,000 None Available
Payne Alfred B $1,824,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dirocco Joseph M $800,000
Previous Owner Payne Alfred B $1,185,925
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/21/2022 04/21/22 Sold $1,925,000 0.0% $602 / Sq Ft
03/11/2022 03/11/22 Pending -- -- --
03/03/2022 03/03/22 For Sale $1,925,000 +67.4% $602 / Sq Ft
03/02/2018 03/02/18 Sold $1,150,000 -4.1% $333 / Sq Ft View Prior Sale
01/25/2018 01/25/18 Pending -- -- --
10/03/2017 10/03/17 Price Changed $1,199,000 -4.0% $347 / Sq Ft
08/01/2017 08/01/17 For Sale $1,249,000 -- $362 / 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
2025 $13,173 $1,166,200 $770,000 $396,200
2024 $13,173 $1,166,200 $770,000 $396,200
2023 $12,193 $1,166,200 $770,000 $396,200
2022 $9,431 $1,166,200 $770,000 $396,200
2021 $8,194 $1,030,100 $700,000 $330,100
2020 $7,459 $1,030,100 $700,000 $330,100
2019 $7,459 $1,030,100 $700,000 $330,100
2018 $7,554 $1,027,100 $700,000 $327,100
2017 $7,018 $1,027,100 $700,000 $327,100
2016 $6,303 $1,027,100 $700,000 $327,100
2015 $5,793 $1,027,100 $700,000 $327,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 117846

Outer Banks Association of REALTORS®

APN: 126A-000-0067-000Q