Seller's Agent in 2020
Holleay Parcker
Spinnaker Realty, LLC
(252) 207-1617
6 in this area
48 Total Sales
711 Mainsail Arch Corolla, NC 27927
Corolla NeighborhoodEstimated Value: $1,368,000 - $1,824,000
6
Beds
4
Baths
2,569
Sq Ft
$624/Sq Ft
Est. Value
Highlights
- Beach Front
- Ocean View
- Engineered Wood Flooring
- Community Beach Access
- Heated In Ground Pool
- Cathedral Ceiling
About This Home
As of March 2020There are oceanfront rental homes, and then there are OCEANFRONT RENTAL MACHINES... and Carolina Sunrise is a consistently high income generator, with 11.7% Gross Owner Income and $65,711 GOI on the books for 2020! There is just SO much that sets this home apart: the lot is elevated, *HAS NEVER FLOODED*, and is in a 'X' FLOOD ZONE, so the lender will not require flood insurance. (The current owners carry flood insurance, at a minimal cost of $759/year!) The views from this home are truly PANORAMIC, nothing but ocean as far as the eye can see... with no homes blocking your expansive views! Beach access is EASY, just one lot away, and the beaches here are some of the widest and most beautiful on the Outer Banks. Talk about PROTECTION during storm season - the dunes here are high, wide and well vegetated...providing you with peace of mind during hurricane season. Also setting this home apart are the extensive improvements that have been made in the last 7 years: Roof has been replaced, as have both the heat pumps; the pool has been heated; the pool deck was expanded, providing much more room for chairs and chaises, (and more fun!) around the pool; the upper deck was also expanded, which provides a ton more outdoor space for everyone to enjoy the fabulous views! The kitchen has been totally remodeled with new cabinets and counters and new applainces; the top floor master bedroom furniture was replaced in 2019; and the water heater has been replaced. NO OTHER OCEANFRONT HOME CURRENTLY FOR SALE UNDER 900,000 IN COROLLA IS GENERATING THIS MUCH INCOME! Simply put, there is a lot of BANG FOR YOUR BUCK here...hard to believe the asking price is just $875,000!! Don't let this incredible investment opportunity get away!
Last Agent to Sell the Property
Spinnaker Realty, LLC License #193280 Listed on: 12/12/2019
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,942
Year Built
- Built in 1996
Lot Details
- Beach Front
- Level Lot
HOA Fees
- $50 Monthly HOA Fees
Home Design
- Reverse Style Home
- Frame Construction
- Asphalt Shingled Roof
- Wood Siding
- Lap Siding
- Shake Siding
- Piling Construction
Interior Spaces
- 2,569 Sq Ft Home
- Furnished
- Cathedral Ceiling
- Ceiling Fan
- Gas Fireplace
- Window Treatments
- Ocean Views
- Fire and Smoke Detector
Kitchen
- Oven or Range
- Microwave
- Ice Maker
- Dishwasher
- Wine Cooler
- Granite Countertops
Flooring
- Engineered Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- En-Suite Primary Bedroom
- 4 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- Garage
- Carport
- Tuck Under Parking
- Off-Street Parking
Pool
- Heated In Ground Pool
- Fiberglass Pool
- Outdoor Pool
- Spa
- Outdoor Shower
Outdoor Features
- Sun Deck
- Covered Deck
- Exterior Lighting
Utilities
- Zoned Heating and Cooling
- Heat Pump System
- Municipal Utilities District for Water and Sewer
Listing and Financial Details
- Tax Lot 36
Community Details
Overview
- Association fees include management, road maintenance, walkways
- Signature Touch Cathy Regan Association, Phone Number (252) 441-8857
- Ocean Sands Subdivision
Recreation
- Community Boardwalk
- Community Beach Access
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 12, 2019
Closed on
Mar 20, 2020
Sold by
711 Mainsail Arch Llc
Bought by
Clinkscales David E and Clinkscales Deborah J
Seller's Agent
Holleay Parcker
Spinnaker Realty, LLC
Buyer's Agent
Four Seasons Realty
Four Seasons Realty
List Price
$875,000
Sold Price
$858,900
Premium/Discount to List
-$16,100
-1.84%
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
$744,087
Avg. Annual Appreciation
12.78%
Original Mortgage
$687,120
Outstanding Balance
$610,024
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$1,060,465
Purchase Details
Closed on
Mar 12, 2015
Sold by
Green Jeffrey A and Green Natalie F
Bought by
711 Mainsail Arcb Llc
Purchase Details
Listed on
Jun 5, 2012
Closed on
Oct 22, 2012
Sold by
Nugent Mark R
Bought by
Green Jeffery A and Green Natalie F
Seller's Agent
Vanessa Watson
Coastal Carolina Vacations
Buyer's Agent
Holleay Parcker
Spinnaker Realty, LLC
List Price
$935,000
Sold Price
$850,000
Premium/Discount to List
-$85,000
-9.09%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.37%
Original Mortgage
$680,000
Interest Rate
3.53%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 13, 2011
Sold by
Nugent Mark R and Nugent Mary
Bought by
Nugent Mark R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$730,000
Interest Rate
4.37%
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 |
|---|---|---|---|
| Clinkscales David E | $859,000 | None Available | |
| 711 Mainsail Arcb Llc | -- | None Available | |
| Green Jeffery A | $850,000 | None Available | |
| Nugent Mark R | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Clinkscales David E | $687,120 | |
| Previous Owner | Green Jeffery A | $680,000 | |
| Previous Owner | Nugent Mark R | $730,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/20/2020 03/20/20 | Sold | $858,900 | -1.8% | $334 / Sq Ft |
| 02/05/2020 02/05/20 | Pending | -- | -- | -- |
| 01/05/2020 01/05/20 | For Sale | $875,000 | 0.0% | $341 / Sq Ft |
| 12/24/2019 12/24/19 | Pending | -- | -- | -- |
| 12/12/2019 12/12/19 | For Sale | $875,000 | +2.9% | $341 / Sq Ft |
| 11/02/2012 11/02/12 | Sold | $850,000 | -9.1% | $331 / Sq Ft |
| 09/09/2012 09/09/12 | Pending | -- | -- | -- |
| 06/05/2012 06/05/12 | For Sale | $935,000 | -- | $364 / 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 | $12,671 | $1,122,900 | $770,000 | $352,900 |
| 2023 | $12,671 | $1,122,900 | $770,000 | $352,900 |
| 2022 | $9,138 | $1,122,900 | $770,000 | $352,900 |
| 2021 | $6,273 | $954,300 | $700,000 | $254,300 |
| 2020 | $6,951 | $954,300 | $700,000 | $254,300 |
| 2019 | $6,942 | $954,300 | $700,000 | $254,300 |
| 2018 | $7,039 | $954,300 | $700,000 | $254,300 |
| 2017 | $6,536 | $954,300 | $700,000 | $254,300 |
| 2016 | $5,866 | $954,300 | $700,000 | $254,300 |
| 2015 | $4,832 | $855,900 | $700,000 | $155,900 |
Source: Public Records
Agents Affiliated with this Home
-
Holleay Parcker
-
Four Seasons Realty
Buyer's Agent in 2020
Four Seasons Realty
Four Seasons Realty
(252) 261-6664
137 in this area
349 Total Sales
-
Vanessa Watson
Seller's Agent in 2012
Vanessa Watson
Coastal Carolina Vacations
(252) 202-8181
5 in this area
32 Total Sales
Map
Source: Outer Banks Association of REALTORS®
MLS Number: 107597
APN: 126A-000-0036-000P
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