NOT LISTED FOR SALE

713 Spinnaker Arch Corolla, NC 27927

Corolla Area

Estimated Value: $1,520,000 - $2,194,000

6 Beds
7 Baths
3,673 Sq Ft
$527/Sq Ft Est. Value

Sale Details

Date Sold: August 29, 2023

Last sale price $2,250,000 $613 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $11,803 / mo

30 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Home Theater
  • Knotts Island Elementary School Rated 9+
  • Tennis Courts
  • Heated In Ground Pool

About This Home

As of August 2023

Experience the whimsical salty ocean views from this meticulously maintained coastal retreat with ELEVATOR! Two 2022 HVAC's, 2019 exterior paint, 2019 hot water heater, 2022 kitchen appliances, 2013 roof with 50 year architectural shingles offer piece of mind. Professionally decorated with soothing hues of blue combined with natural hardwood flooring and an abundance of sweeping windows create an atmosphere of freedom and grace. The top floor features an expansive, open floorplan with a well equipped kitchen, comfortable great room, magnificent dining area, sundecks, and screened porch. The grand ensuite bedroom features the best ocean views. The elevator takes you down to the midlevel featuring 4 bedrooms (2 ensuites) with ocean views and access to the decks and a foyer. The ground floor features upscale, durable, stone flooring throughout, a game room/media room. The backyard oasis boasts a SALTWATER, heated gunite pool with open space and green landscaping, and a hot tub under the twinkling starlight. This home is situated on a 10,400 square foot lot bordering open space offering protected, panoramic views! There is also a bedroom, bathroom, laundry area and a locked (from rental guests) room which the owners use as an office but could be used as a bonus theater room. These owners limited the rental use of "Barefoot Bungalow" from the rental market providing their family with awesome memories!

Last Agent to Sell the Property

Stacey Baittinger

Carolina Designs Realty License #204729 Listed on: 06/23/2023

Co-Listed By

Ken Baittinger

Carolina Designs Realty License #275379

Last Buyer's Agent

Clint Baron

All at Sea Realty License #305149

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,487

Year Built

  • Built in 1998

Lot Details

  • 10,400 Sq Ft Lot
  • Beach Front
  • 70 Feet of Waterfront
  • Property fronts a private road
  • Lot includes common area
  • Fenced Yard
  • Level Lot
  • Property is zoned Sfo

HOA Fees

  • $75 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Reverse Style Home
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 3,673 Sq Ft Home
  • Elevator
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Entrance Foyer
  • Home Theater
  • Game Room
  • Screened Porch
  • Utility Room
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Tuck Under Parking
  • Paved Parking
  • Off-Street Parking

Pool

  • Heated In Ground Pool
  • Gunite Pool
  • Saltwater Pool
  • Spa

Outdoor Features

  • Sun Deck
  • Tennis Courts

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District Water
  • Fuel Tank
  • Private Sewer

Listing and Financial Details

  • Tax Lot 69

Community Details

Overview

  • Association fees include tennis courts
  • Signature Touch Association
  • Ocean Sands Subdivision
  • Rental Restrictions

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,487

Year Built

Built in 1998

Lot Details

10,400 Sq Ft Lot

HOA Fees

$75 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Directions: From Croatan Highway 158 turn North heading to Duck/Corolla on Highway 12 which is Ocean Trail. Travel through Duck into Corolla. Turn right onto Driftwood Way, turn left onto Spinnaker Arch an home is oceanfront next to open space.
  • Extras: Beach Access, Ceiling Fan(s), Elevator, Fenced Yard, Hot Tub, Outdoor Tennis, Screened Porch, Sun Deck, Dry Entry, Inside Laundry Room
  • Flood Zone: X
  • Headline: Oceanfront with ELEVATOR
  • Heated Sq Ft: 3673
  • L V T Date: 06/23/2023
  • Roads: Private
  • Sale/Rent: For Sale
  • Section: Q
  • Waterfront Location: Oceanfront
  • Zoning: Sfo
  • Advertised Income 2021: 87890
  • Advertised Income 2022: 109090
  • Deed Book Pg Number: 491
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Major Subdivision: Ocean Sands
  • Newpoint Media: Yes
  • Office License Number: C20671
  • Outer Banks Software: Yes
  • Short Term Rental Restrictions: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer, Wine Cooler
  • Bedrooms: 6
  • Countertops: Granite
  • Electronic Locks: Leased
  • Floor Coverings: Tile, Hardwood
  • Foundation: Piling, Slab
  • Full Bathrooms: 5
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Dryer Connection, Gas Fireplace, Ensuite, Some Windows Treated
  • Optional Rooms: Foyer, Game Room, Office, Utility Room, Media Room
  • Partial Bathrooms: 2

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Shakes
  • Pool: Yes
  • Pool: Private
  • Pool Type: In Ground, Gunite, Heated, Salt, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 80
  • View: Ocean
  • Water Frontage: 70

Garage/Parking

  • Garage: Carport
  • Parking: Paved, Off Street, Under

Utilities

  • Cooling: Central, Heat Pump, Zoned
  • Heating: Central, Heat Pump, Zoned
  • Fuel Tanks: Leased
  • Sewer/Septic System: Private Sewer
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Tennis Courts
  • Association Amenities: Outdoor-Comm. Tennis
  • Association Fee: Yes
  • Estimated Annual Fee: 900
  • Hoa Contact: Signature Touch
  • HOA Contact: https://signaturetouchobx
  • Home Owner Dwelling Insurance: 2915

Lot Info

  • Estimated Lot Sq Ft: 10400
  • Lot Description: Adj. To Common Area, Beach Frontage, Level, Water Frontage
  • Lot Number: Lot 69
  • Estimated Lot Size: 0.24
  • Deed Book: 1427

Rental Info

  • Est Annual Rental Income: 241967
  • Estimated Rental Performance: 0.1075
  • Flood Expenses: 1492
  • Maintenance Expenses: 2500
  • Other Expenses: 700
  • Other Expenses2: 6700
  • Other Insurance Expenses: 6948
  • Poolspa Expense: 4500
  • Rental Co: Carolina Designs
  • Rental Cottage Name: Barefoot Bungalow
  • Rental Cottage Number: 278
  • Rental Phone Number: 252-261-3934
  • Rental Turnover Day: Sunday
  • Yearly Expense Actual Estimate: Actual
  • Annual Cable TV Expense: 2320
  • Annual Electric: 4248
  • Annual Telephone Expense: 571
  • Annual Water Expense: 1680
  • Rental Contact Email: elaine.meadows@carolinadesigns.com
  • Rental Contact Name: Elaine Meadows
  • Rental Contact Phone: 252-261-3934

Building Info

  • Year Built: 1998

Tax Info

  • Year: 2022
  • Taxes: 9486.86

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 14, 2017
Sold by
Bought by
Current Estimated Value
$1,937,438

Purchase Details

Closed on
May 27, 2011
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 2009
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Corolla, NC

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
$1,165,000 None Available
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,250,000
Closed $510,000
Previous Owner $417,000
Previous Owner $417,000
Previous Owner $340,250
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/29/2023 08/29/23 Sold $2,250,000 -2.2% $613 / Sq Ft
07/23/2023 07/23/23 Pending -- -- --
06/23/2023 06/23/23 For Sale $2,300,000 -- $626 / Sq Ft
Source: Outer Banks Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $13,197 $1,166,400 $770,000 $396,400
2024 $13,197 $1,166,400 $770,000 $396,400
2023 $12,195 $1,166,400 $770,000 $396,400
2022 $9,487 $1,166,400 $770,000 $396,400
2021 $8,080 $1,024,300 $700,000 $324,300
2020 $7,450 $1,024,300 $700,000 $324,300
2019 $7,450 $1,024,300 $700,000 $324,300
2018 $7,554 $1,024,300 $700,000 $324,300
2017 $7,013 $1,024,300 $700,000 $324,300
2016 $6,285 $1,024,300 $700,000 $324,300
2015 $5,765 $1,024,300 $700,000 $324,300
Source: Public Records

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 122589

Outer Banks Association of REALTORS®

APN: 126A-000-0069-000Q

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