NOT LISTED FOR SALE

717 Spinnaker Arch Corolla, NC 27927

Corolla Neighborhood

Estimated Value: $786,000 - $888,000

4 Beds
3 Baths
1,873 Sq Ft
$447/Sq Ft Est. Value

Last Sold May 30, 2019

Last sale price $470,000 $251 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $5,095/month

177 Days on Market

Highlights

  • Community Beach Access
  • In Ground Pool
  • Furnished
  • Ocean View
  • Cathedral Ceiling
  • Tile Flooring

About This Home

As of May 2019

JUST 2 LOTS FROM THE OCEAN AND NOW IN THE PREFERRED X ZONE, this remodeled home is the quintessential beach house you've been waiting for! Enjoy the ocean views from front and back decks and BEACH ACCESS ONLY ONE HOUSE AWAY which is lifeguarded June–September,! Hugely popular with renters and excellently maintained by owners, this home grossed over $53K in 2018! There are already 6 returning guests for the 2019 season! This 4 bedrooms 3 full bath home features 2 King Master Bedrooms with private pool and hot tub! These sellers have done all the work for you! Recent improvements since 2016 include new HVAC unit, new exterior and interior paint, new water heater, 2 of the 3 full baths have been remodeled, new decor and paint in beach glass colors, new couches and beds, new mattresses and bedding, new washer/dryer, new stainless steel kitchen appliances, 5 new flat screen HDTV’'s 4 of which are smart TVs, and new Hot Tub equipped with lights and a water feature! Home features a rec room on the ground floor for kids and teens to hangout, a screened-in porch with lovely views (seating for 8), an open Living room and Dining area (seating for 8 plus 4 more at the Kitchen island). Cool off in the 12’ x 25’ private pool with molded seats! Relax on the front deck in an Adirondack glider or a swing for 2! Subdivision amenities include community tennis courts and a 7 acre fishing lake at the Ocean Sands community center! The home's layout is as follows: Ground floor: Rec room with TV, DVD, Wii console, mini fridge, and dry entry into home. Mid level: 3 bedrooms 2 full baths (King master bedroom, Queen Bedroom which shares connecting full bath with Pyramid Bunk Bedroom, washer/dryer, and deck with Adirondack furniture Top floor: Living area, dining area, kitchen, King master bedroom with semi-private bath, screened porch and sun deck with ocean views! THIS IS A MUST SEE!

Last Agent to Sell the Property

Catherine Strachan

Brindley Beach Vacations & Sales-Duck License #246162 Listed on: 10/19/2018

Co-Listed By

Edith Rowe

Brindley Beach Vacations & Sales-Duck License #188824

Last Buyer's Agent

Hunter Davis

Twiddy and Company - Corolla License #301647

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,324

Year Built

  • Built in 1990

Lot Details

  • Level Lot

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • Paved Parking

Home Design

  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 1,873 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Window Treatments
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Outdoor Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Tax Lot 51

Community Details

Overview

  • Association fees include management, walkways
  • Ocean Sands Subdivision

Recreation

  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,324

Year Built

Built in 1990

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: Hwy 12 north, right at Sec. Q Ocean Sands which is Driftwood Way. This becomes Spinnaker Arch. House is on the left.
  • Extras: Ceiling Fan(s), Hot Tub, Outside Lighting, Outside Shower, Smoke Detector(s), Sun Deck
  • Flood Zone: X
  • Subdivision Name: Ocean Sands Section Q
  • Headline: 2 Lots from Ocean!
  • Heated Sq Ft: 1873
  • L V T Date: 10/19/2018
  • Roads: Paved
  • Sale/Rent: For Sale
  • Section: Q
  • Waterfront Location: 2 - lots from oceanfront (3rd row
  • Zoning: Res
  • Deed Book Pg Number: 77
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Major Subdivision: Ocean Sands
  • Newpoint Media: Yes
  • Office License Number: C14121
  • 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: 4
  • Floor Coverings: Carpet, Tile
  • Full Bathrooms: 3
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Pantry, Washer Connection, Wood Fireplace

Exterior Features

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

Garage/Parking

  • Garage: Carport
  • Parking: Paved

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Management, Walkways
  • Association Amenities: Ocean Access
  • Association Fee: Yes
  • Estimated Annual Fee: 500
  • Home Owner Dwelling Insurance: 526

Lot Info

  • Lot Description: Level
  • Lot Number: Lot 51
  • Deed Book: 1359

Rental Info

  • Est Annual Rental Income: 60000
  • Estimated Rental Performance: 0.1277
  • Flood Expenses: 757
  • Lease Terms: Weekly
  • Other Expenses: 225000
  • Poolspa Expense: 2800
  • Rental Co: Resort Realty
  • Rental Cottage Name: Beach Glass Bungalow
  • Rental Cottage Number: 1658
  • Rental Phone Number: 242-453-3700
  • Rental Turnover Day: Sunday
  • Annual Cable TV Expense: 1620
  • Annual Electric: 2270
  • Annual Water Expense: 847
  • Rental Contact Phone: 252-453-3700

Building Info

  • Year Built: 1990

Tax Info

  • Year: 2018
  • Taxes: 3323.83

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2018
Closed on
May 29, 2019
Sold by
Thompson Stephen B and Thompson Vikki E
Bought by
Lawson Robert and Perry Christopher
Seller's Agent
Catherine Strachan
Brindley Beach Vacations & Sales-Duck
Buyer's Agent
Hunter Davis
Twiddy and Company - Corolla
List Price
$499,000
Sold Price
$470,000
Premium/Discount to List
-$29,000
-5.81%
Current Estimated Value
$836,621

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$366,621
Avg. Annual Appreciation
9.63%
Original Mortgage
$374,680
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 19, 2015
Closed on
Mar 30, 2016
Sold by
Marsh Jeffrey D and Marsh Holly C
Bought by
Thompson Stephen B and Thompson Vikki E
Seller's Agent
Randy Jones
EXP Realty, LLC - Coastal
Buyer's Agent
Catherine Strachan
Brindley Beach Vacations & Sales-Duck
List Price
$449,500
Sold Price
$399,000
Premium/Discount to List
-$50,500
-11.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.32%
Original Mortgage
$359,100
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 2001
Bought by
Marsh Jeffrey D and Marsh Holly C
Source: Public Records

Range of Values:

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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
Lawson Robert $470,000 None Available
Thompson Stephen B $399,000 Attorney
Marsh Jeffrey D $262,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lawson Robert $366,500
Closed Lawson Robert $374,680
Previous Owner Thompson Stephen B $359,100
Previous Owner Marsh Jeffrey D $227,500
Previous Owner Marsh Jeffrey D $212,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2019 05/30/19 Sold $470,000 -5.8% $251 / Sq Ft
04/14/2019 04/14/19 Pending -- -- --
10/19/2018 10/19/18 For Sale $499,000 +25.1% $266 / Sq Ft
04/01/2016 04/01/16 Sold $399,000 -11.2% $213 / Sq Ft
02/18/2016 02/18/16 Pending -- -- --
01/19/2015 01/19/15 For Sale $449,500 -- $240 / 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
2024 $6,032 $508,700 $280,000 $228,700
2023 $6,032 $508,700 $280,000 $228,700
2022 $4,413 $508,700 $280,000 $228,700
2021 $3,877 $426,200 $225,000 $201,200
2020 $3,280 $426,200 $225,000 $201,200
2019 $3,280 $426,200 $225,000 $201,200
2018 $3,324 $426,200 $225,000 $201,200
2017 $3,086 $426,200 $225,000 $201,200
2016 $2,732 $426,200 $225,000 $201,200
2015 $2,518 $426,200 $225,000 $201,200
Source: Public Records

Agents Affiliated with this Home

  • Catherine Strachan

    Seller's Agent in 2019

    Catherine Strachan

    Brindley Beach Vacations & Sales-Duck

    (252) 489-9540

    55 in this area

    178 Total Sales

    Catherine Strachan
    Section Image
  • Edith Rowe

    Seller Co-Listing Agent in 2019

    Edith Rowe

    Brindley Beach Vacations & Sales-Duck

    (252) 202-6165

    69 in this area

    222 Total Sales

    Edith Rowe
    Section Image
  • Hunter Davis

    Buyer's Agent in 2019

    Hunter Davis

    Twiddy and Company - Corolla

    (704) 936-6456

    122 in this area

    179 Total Sales

    Hunter Davis
    Section Image
  • Randy Jones

    Seller's Agent in 2016

    Randy Jones

    EXP Realty, LLC - Coastal

    (252) 202-2573

    28 in this area

    107 Total Sales

    Randy Jones
    Section Image
  • Lynn Sherman

    Seller Co-Listing Agent in 2016

    Lynn Sherman

    EXP Realty, LLC - Coastal

    (252) 305-0222

    27 in this area

    103 Total Sales

    Lynn Sherman
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 102383

Outer Banks Association of REALTORS®

APN: 126A-000-0051-000Q

North Carolina Currituck County Corolla 27927 Corolla

717 Spinnaker Arch, Corolla, NC

This home is located at 717 Spinnaker Arch, Corolla, NC 27927 since 19 October 2018 and is currently estimated at $836,621, approximately $446 per square foot. This property was built in 1990. 717 Spinnaker Arch is a home located in Currituck County with nearby schools including Knotts Island Elementary School, Currituck County Middle School, and Currituck County High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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