Seller's Agent in 2021
Heather McLay
OBX Homes
(252) 202-3409
61 in this area
151 Total Sales
725 Spinnaker Arch Corolla, NC 27927
Estimated Value: $722,000 - $1,917,000
4
Beds
3
Baths
1,720
Sq Ft
$607/Sq Ft
Est. Value
Highlights
- Community Beach Access
- In Ground Pool
- Furnished
- Ocean View
- Corner Lot
- Granite Countertops
About This Home
As of February 2021Recently upgraded! This great rental home is only 6 lots from the ocean with direct access and ocean views. Upgraded kitchen has granite countertops, wood laminate flooring, and newer appliances. Brand new roof and new decks and railings. Tastefully furnished and gently used by owners who have taken excellent care of the property. New carpet and tile, many new furnishings, and new interior paint throughout so this home is turnkey and rent ready! Many of the windows are new, as well as recently upgraded heat pumps. Private pool and hot tub out back make this the perfect home to relax and enjoy your summer vacation. The new spacious decks allow for sun or shade lounging with ocean breezes and views. Only a 2-3 minute walk to the ocean access so you can enjoy the beautiful, wide Corolla beaches, and also conveniently located near shops and restaurants. Low maintenance vinyl siding, outdoor shower, new gas grill and a basketball hoop. This is a perfect turn-key beach retreat! View the virtual tour by clicking link above or cut/paste this link into browser: https://my.matterport.com/show/?m=EoxjhRcDVJB&mls=1
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,721
Year Built
- Built in 1987
Lot Details
- Corner Lot
- Level Lot
HOA Fees
- $75 Monthly HOA Fees
Home Design
- Reverse Style Home
- Frame Construction
- Asphalt Shingled Roof
- Piling Construction
- Vinyl Construction Material
Interior Spaces
- 1,720 Sq Ft Home
- Furnished
- Ceiling Fan
- Window Treatments
- Ocean Views
- Fire and Smoke Detector
Kitchen
- Oven or Range
- Microwave
- Dishwasher
- Granite Countertops
Flooring
- Carpet
- Laminate
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- En-Suite Primary Bedroom
- 3 Full Bathrooms
Laundry
- Dryer
- Washer
Parking
- Tuck Under Parking
- Paved Parking
Pool
- In Ground Pool
- Fiberglass Pool
- Outdoor Pool
- Spa
- Outdoor Shower
Outdoor Features
- Sun Deck
- Exterior Lighting
Utilities
- Forced Air Zoned Heating and Cooling System
- Heat Pump System
- Municipal Utilities District for Water and Sewer
Listing and Financial Details
- Tax Lot 55
Community Details
Overview
- Association fees include management, walkways
- Kathy Regan Association, Phone Number (252) 441-8857
- Ocean Sands Subdivision
Recreation
- Community Beach Access
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 3, 2020
Closed on
Jan 26, 2021
Sold by
Wray David W and Wray Christine E
Bought by
Reilly Michael Walter and Reilly Jean Marie
Seller's Agent
Heather McLay
OBX Homes
Buyer's Agent
Shane Collins
SERHANT North Carolina LLC
List Price
$525,000
Sold Price
$535,000
Premium/Discount to List
$10,000
1.9%
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
$509,733
Avg. Annual Appreciation
14.60%
Original Mortgage
$431,500
Outstanding Balance
$383,068
Interest Rate
2.67%
Mortgage Type
New Conventional
Estimated Equity
$661,665
Purchase Details
Closed on
Jan 30, 2004
Bought by
Wray David W and Wray Christine E
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 |
|---|---|---|---|
| Reilly Michael Walter | $535,000 | None Available | |
| Wray David W | $510,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Reilly Michael Walter | $431,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/02/2021 02/02/21 | Sold | $535,000 | +1.9% | $311 / Sq Ft |
| 12/06/2020 12/06/20 | Pending | -- | -- | -- |
| 12/03/2020 12/03/20 | For Sale | $525,000 | -- | $305 / 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 |
|---|---|---|---|---|
| 2025 | $5,049 | $413,900 | $180,000 | $233,900 |
| 2024 | $5,049 | $395,100 | $180,000 | $215,100 |
| 2023 | $4,821 | $395,100 | $180,000 | $215,100 |
| 2022 | $3,498 | $395,100 | $180,000 | $215,100 |
| 2021 | $3,082 | $349,500 | $160,000 | $189,500 |
| 2020 | $2,721 | $349,500 | $160,000 | $189,500 |
| 2019 | $2,716 | $349,500 | $160,000 | $189,500 |
| 2018 | $2,744 | $349,500 | $160,000 | $189,500 |
| 2017 | $2,547 | $349,500 | $160,000 | $189,500 |
| 2016 | $2,292 | $349,500 | $160,000 | $189,500 |
| 2015 | $2,115 | $349,500 | $160,000 | $189,500 |
Source: Public Records
Agents Affiliated with this Home
-
Heather McLay
-
Ashley Ladd
Seller Co-Listing Agent in 2021
Ashley Ladd
Twiddy and Co. - Duck
(919) 592-7346
18 in this area
41 Total Sales
-
Shane Collins
Buyer's Agent in 2021
Shane Collins
SERHANT North Carolina LLC
(252) 202-1193
14 in this area
214 Total Sales
-
Adam Burkhimer
Buyer Co-Listing Agent in 2021
Adam Burkhimer
SERHANT North Carolina LLC
(866) 340-1166
2 in this area
20 Total Sales
Map
Source: Outer Banks Association of REALTORS®
MLS Number: 112055
APN: 126A-000-0055-000Q
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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Nearby Homes
- 721 Crown Point Cir
- 759 Sand Dollar Ct Unit 176
- 760 Crown Point Cir Unit Lot 40
- 655 Pampas Ct Unit Lot 162
- 627 Wave Arch Unit Lot 84
- 773 Bayberry Ct Unit 95
- 767 Gulfstream Ct Unit Lot 3
- 767 Gulfstream Ct
- 754 Cormorant Trail Unit Lot 79
- 822 Whistler Ct Unit 383
- 834 Hunt Club Dr
- 834 Hunt Club Dr Unit Lot 389
- 773 Voyager Rd Unit lot 77
- 771 Cormorant Trail Unit Lot 49
- 632 Myrtlewood Ct Unit 16
- 818 Whistler Ct Unit 381
- 787 Hunt Club Dr Unit Lot 397
- 758 Fish Crow Ct Unit Lot: 43
- 758 Fish Crow Ct
- 744 E Sandpiper Ct Unit Lot 19
- 723 Spinnaker Arch
- 760 Mariner Dr Unit 82
- 762 Mariner Dr Unit Lot 81
- 762 Mariner Dr
- 721 Spinnaker Arch
- 722 Spinnaker Arch
- 758 Mariner Dr
- 724 Spinnaker Arch
- 764 Mariner Dr
- 720 Spinnaker Arch Unit 46
- 720 Spinnaker Arch
- 719 Spinnaker Arch Unit 52
- 719 Spinnaker Arch
- 756 Mariner Dr
- 756 Mariner Dr Unit Lot 2
- 718 Spinnaker Arch
- 736 Spinnaker Arch
- 736 Spinnaker Arch Unit 56
- 766 Mariner Dr Unit 79
- 766 Mariner Dr