NOT LISTED FOR SALE

716 Spinnaker Arch Corolla, NC 27927

Estimated Value: $878,000 - $977,000

5 Beds
4.5 Baths
2,348 Sq Ft
$396/Sq Ft Est. Value

Last Sold August 17, 2018

Last sale price $520,000 $221 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $5,458/month

37 Days on Market

Highlights

  • Community Beach Access
  • In Ground Pool
  • Cathedral Ceiling
  • Ocean View
  • Coastal Architecture
  • Furnished

About This Home

As of August 2018

Steps to the beach! Beautiful Ocean Views! Recent updates including exterior and interior paint, new furnishings, beautifully updated kitchen, new pool fence, and the list goes on. What more could you want! The seller has put over $40,000 into recent updates. There is nothing on the ground floor except storage and a dry entry which is what you want for a house this close to the ocean! Everything is neutral in color just waiting for a new owner to add their own touches. And the 5 bedroom/4.5 bath combination is perfect. The pool is located in front of the home but well protected by shrubs and has recently been redone. There is even new pool furniture! This house will be sure to go quickly so don't miss your opportunity to see it!

Last Agent to Sell the Property

Laurie Battaglia

Coastal Outer Banks Realty License #271667 Listed on: 05/29/2018

Co-Listed By

David Gary

Default, Office License #284047

Last Buyer's Agent

Jeremy Jensen

Outer Banks Realty Group License #282180

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,282

Year Built

  • Built in 1988

Lot Details

  • 6,098

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • Paved Parking

Home Design

  • Coastal Architecture
  • Cottage
  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Piling Construction

Interior Spaces

  • 2,348 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • Library
  • Screened Porch
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Outdoor Pool
  • Vinyl Pool
  • Spa

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District Water
  • Community Sewer or Septic

Additional Features

  • Covered Deck
  • Level Lot

Listing and Financial Details

  • Tax Lot 48

Community Details

Overview

  • Association fees include common insurance, management, road maintenance
  • Signature Properties Association
  • Ocean Sands Subdivision

Recreation

  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,282

Year Built

Built in 1988

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal, Cottage
  • Extras: Beach Access, Ceiling Fan(s), Covered Decks, Hot Tub, Screened Porch, Dry Entry, Inside Laundry Room
  • Flood Zone: AE
  • Headline: Steps to beach & Great Views
  • Heated Sq Ft: 2348
  • L V T Date: 05/29/2018
  • Roads: Paved
  • Sale/Rent: For Sale
  • Waterfront Location: 2 - lots from oceanfront (3rd row
  • Zoning: Res
  • Deed Book Pg Number: 668
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Major Subdivision: Ocean Sands
  • Newpoint Media: Yes
  • Office License Number: C24808
  • Outer Banks Software: 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, Washer
  • Bedrooms: 5
  • Countertops: Granite
  • Floor Coverings: Carpet, Ceramic Tile, Vinyl Tile
  • Foundation: Piling
  • Full Bathrooms: 4
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Ensuite, Washer Connection
  • Optional Rooms: Library/Study
  • Partial Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: Carport
  • Parking: Paved

Utilities

  • Cooling: Central, Heat Pump
  • Heating: Central, Forced Air, Heat Pump
  • Sewer/Septic System: Community Septic
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Common Insurance, Management, Road Maintenance
  • Association Amenities: Ocean Access
  • Association Fee: Yes
  • Estimated Annual Fee: 600
  • Hoa Contact: Signature Properties

Lot Info

  • Lot Description: Adj to Park Serv./Preserv, Level
  • Lot Number: Lot 48
  • Deed Book: 499

Rental Info

  • Lease Terms: Weekly
  • Rental Co: Sun Realty
  • Rental Cottage Name: Jules on the Beach
  • Rental Turnover Day: Sunday

Building Info

  • Year Built: 1988

Tax Info

  • Year: 2017
  • Taxes: 3282.19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 18, 2022
Sold by
Todd Klippa L and Todd Heather E
Bought by
Klippa L Todd L and Klippa Heather E
Current Estimated Value
$930,144

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$526,500
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 29, 2018
Closed on
Aug 15, 2018
Sold by
Hilt Hannink Julie and Hannink John G
Bought by
Klippa Todd L and Klippa Heather E
Seller's Agent
Laurie Battaglia
Coastal Outer Banks Realty
Buyer's Agent
Jeremy Jensen
Outer Banks Realty Group
List Price
$542,500
Sold Price
$520,000
Premium/Discount to List
-$22,500
-4.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.20%
Original Mortgage
$416,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 3, 2000
Bought by
Hilt Julie A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Klippa L Todd L $72,000 Bc Law Firm Pa
Klippa Todd L $520,000 None Available
Hilt Julie A $282,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Klippa L Todd L $526,500
Previous Owner Klippa Todd L $416,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2018 08/17/18 Sold $520,000 -4.1% $221 / Sq Ft
07/05/2018 07/05/18 Pending -- -- --
05/29/2018 05/29/18 For Sale $542,500 -- $231 / 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 $6,411 $539,700 $280,000 $259,700
2024 $6,411 $539,700 $280,000 $259,700
2023 $6,395 $539,700 $280,000 $259,700
2022 $4,663 $539,700 $280,000 $259,700
2021 $4,094 $453,900 $225,000 $228,900
2020 $3,489 $453,900 $225,000 $228,900
2019 $3,481 $453,900 $225,000 $228,900
2018 $3,527 $453,900 $225,000 $228,900
2017 $3,282 $453,900 $225,000 $228,900
2016 $2,949 $453,900 $225,000 $228,900
2015 $2,716 $453,900 $225,000 $228,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 100693

Outer Banks Association of REALTORS®

APN: 126A-000-0048-000Q