NOT LISTED FOR SALE

726 Spinnaker Arch Corolla, NC 27927

Estimated Value: $1,033,000 - $1,106,000

5 Beds
5.5 Baths
2,650 Sq Ft
$404/Sq Ft Est. Value

Last Sold July 08, 2020

Last sale price $590,000 $223 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $6,207/month

66 Days on Market

Highlights

  • Ocean Front
  • Outdoor Pool
  • Loft
  • Beach Access
  • Cathedral Ceiling
  • Corner Lot

About This Home

As of July 2020

LOCATION!!!! Only 20 yards to the beautiful beaches of Corolla from this fantastic vacation home. Like the name says, you'll be "Making Memories" for your entire family in this well laid out property. This home has a ground floor game room, bedroom, bath and access to the sunny pool area. Mid level offers large bedrooms and bathrooms. The top floor living area/kitchen/dining is bright, open and perfect for your whole family to gather. Top floor Master bedroom for extra convenience. Enjoy the beautiful ocean views from inside or on the ocean facing sun decks. This home offers plenty of space to spread out, or get everyone together for fun. With a solid rental history, owning this home will be Like an ocean breeze! This home looks sharp with a brand new exterior paint job! It's ready to be yours.

Last Agent to Sell the Property

Ilona Matteson

Beach Realty & Construction-KH License #174596 Listed on: 03/11/2020

Last Buyer's Agent

Ilona Matteson

Beach Realty & Construction-KH License #174596 Listed on: 03/11/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,203

Year Built

  • Built in 1999

Lot Details

  • Ocean Front
  • Corner Lot
  • Level Lot

HOA Fees

  • $40 Monthly HOA Fees

Home Design

  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 2,650 Sq Ft Home
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Loft
  • Game Room
  • Ocean Views

Kitchen

  • Ice Maker
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Tuck Under Parking
  • Paved Parking

Pool

  • Outdoor Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Beach Access
  • Sun Deck
  • Covered Deck

Utilities

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

Community Details

  • Coastland Corporation Association, Phone Number (757) 422-9111
  • Ocean Sands Subdivision

Listing and Financial Details

  • Tax Lot 61

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,203

Year Built

Built in 1999

Lot Details

0

HOA Fees

$40 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: East on Driftwood Way. go to the end and turn left, will be 2nd house on left.
  • Extras: Beach Access, Ceiling Fan(s), Covered Decks, Hot Tub, Outside Shower, Sun Deck, Dry Entry, Inside Laundry Room
  • Flood Zone: X
  • Subdivision Name: Ocean Sands
  • Heated Sq Ft: 2650
  • L V T Date: 03/11/2020
  • Roads: Paved
  • Sale/Rent: For Sale
  • Section: Q
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: Resi
  • Advertised Income 2020: 32270
  • Deed Book Pg Number: 292
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Major Subdivision: Ocean Sands
  • Newpoint Media: Yes
  • Office License Number: C3297
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Ice Machine, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 5
  • Countertops: Laminate
  • Floor Coverings: Carpet, Ceramic Tile
  • Foundation: Piling
  • Full Bathrooms: 5
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Dryer Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Washer Connection, Wet Bar
  • Optional Rooms: Game Room, Loft
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Parking: Paved, Under

Utilities

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

Condo/Co-op/Association

  • Association Fee: Yes
  • Estimated Annual Fee: 480
  • Hoa Contact: Coastland Corporation
  • HOA Contact: 757-422-9111

Lot Info

  • Lot Description: Corner, Level
  • Lot Number: Lot 61
  • Deed Book: 820

Rental Info

  • Est Annual Rental Income: 59815
  • Estimated Rental Performance: 0.1014
  • Rental Co: Kitty Hawk Rentals
  • Rental Cottage Name: Making Memories
  • Rental Cottage Number: C0564
  • Rental Phone Number: 453-4141
  • Rental Turnover Day: Sat
  • Rental Contact Email: Scott@beachrealtync.com
  • Rental Contact Name: Kitty Hawk Rentals - Scott Quigley
  • Rental Contact Phone: 252-453-4141

Building Info

  • Year Built: 1999

Tax Info

  • Year: 2019
  • Taxes: 4202.82

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2020
Closed on
Jun 19, 2020
Sold by
Eure Gregg R and Eure Lisa M
Bought by
Deppen Matthew John and Deppen Kimberly Ann
Seller's Agent
Ilona Matteson
Beach Realty & Construction-KH
Buyer's Agent
Ilona Matteson
Beach Realty & Construction-KH
List Price
$619,000
Sold Price
$590,000
Premium/Discount to List
-$29,000
-4.68%
Current Estimated Value
$1,069,673

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$479,673
Avg. Annual Appreciation
11.38%
Original Mortgage
$390,000
Outstanding Balance
$343,504
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$726,169

Purchase Details

Closed on
Nov 12, 2004
Bought by
Eure Gregg R and Eure Lisa M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Deppen Matthew John $590,000 None Available
Eure Gregg R $915,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deppen Matthew John $390,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/08/2020 07/08/20 Sold $590,000 -4.7% $223 / Sq Ft
05/16/2020 05/16/20 Pending -- -- --
03/11/2020 03/11/20 For Sale $619,000 -- $234 / 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 $7,550 $645,800 $350,000 $295,800
2024 $7,652 $645,800 $350,000 $295,800
2023 $7,099 $645,800 $350,000 $295,800
2022 $5,559 $645,800 $350,000 $295,800
2021 $4,873 $548,500 $300,000 $248,500
2020 $4,232 $548,500 $300,000 $248,500
2019 $4,187 $544,300 $300,000 $244,300
2018 $0 $544,300 $300,000 $244,300
2017 $3,955 $544,300 $300,000 $244,300
2016 $3,556 $544,300 $300,000 $244,300
2015 -- $544,300 $300,000 $244,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 108705

Outer Banks Association of REALTORS®

APN: 126A-000-0061-000Q