NOT LISTED FOR SALE

727 Spinnaker Arch Corolla, NC 27927

Corolla Area

Estimated Value: $1,236,000 - $1,328,000

6 Beds
5.5 Baths
3,394 Sq Ft
$377/Sq Ft Est. Value

Sale Details

Date Sold: June 14, 2019

Last sale price $630,000 $186 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $7,755 / mo

285 Days on Market

Highlights

  • Community Beach Access
  • Ocean Front
  • Coastal Architecture
  • Knotts Island Elementary School Rated 9+
  • In Ground Pool
  • Cathedral Ceiling

About This Home

As of June 2019

A highly sought after location adjacent to expansive open space (never to be built on) with unobstructed ocean views. This 6 bedroom (3 master suites) 5 1/2 bath home is just steps from Corolla's nationally rated white sandy beaches. Top Floor: Open and Light great room with amazing views, kitchen, dining room, powder room, and a master suite. Mid Level: 4 bedrooms (2 of which are masters), all bedrooms have their own private access to a bath, and most have private deck access. Ground Level: One partial master, game room, and washer/dryer. Amenities include; granite countertops, sparkling wood floors, gas fireplace, spacious decks, dry entry, private pool (14x20), and hot tub. Upgrades include; New roof, New HVAC, resurfaced pool with new gunite, and tile, remodeled on master bath, and a New hot tub. Recent Upgrades-Replaced outside owners closet door and frame, New railings on second and third floor decks, Addition of a corner seat on third floor deck, Power washed all decks, Four new light fixtures in second floor hallway, Four ceiling fans—one for each second floor bedroom, Re-hang pump house door, New pool pump and filtration system, Partial drain and rebalance pool water. Great opportunity to own in a magical location! Consistent rental income generating 50k plus a year, owner takes prime weeks and doesn't maximize weeks.

Last Agent to Sell the Property

Heather VanderMyde

Coldwell Banker Seaside Realty - KDH License #207518 Listed on: 08/12/2018

Coldwell Banker Seaside Realty - KDH

Co-Listed By

Kiirsten Farr

Coldwell Banker Seaside Realty - KDH License #276883

Last Buyer's Agent

Heather VanderMyde

Coldwell Banker Seaside Realty - KDH License #207518 Listed on: 08/12/2018

Coldwell Banker Seaside Realty - KDH

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

  • $4,296

Year Built

  • Built in 1998

Lot Details

  • Ocean Front
  • Lot includes common area
  • Level Lot

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • Paved Parking

Home Design

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

Interior Spaces

  • 3,394 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Game Room
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Gunite Pool
  • Outdoor Shower

Outdoor Features

  • Covered Deck

Utilities

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

Listing and Financial Details

  • Tax Lot #70

Community Details

Overview

  • Association fees include walkways
  • Ocean Sands Subdivision

Recreation

  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,296

Year Built

Built in 1998

Lot Details

5,663 Sq Ft Lot

HOA Fees

$42 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary, Reverse Floor Plan, Coastal
  • Extras: Beach Access, Ceiling Fan(s), Covered Decks, Outside Shower, Smoke Detector(s), Dry Entry, Inside Laundry Room
  • Flood Zone: X
  • Headline: 3 Masters/Expansive Ocean View
  • Heated Sq Ft: 3394
  • L V T Date: 08/12/2018
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: Q
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: RES
  • Deed Book Pg Number: 758
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Major Subdivision: Ocean Sands
  • Newpoint Media: Yes
  • Office License Number: C7166
  • 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: 6
  • Bedroom 1: Master, On Level: 3
  • Bedroom 2: Master, On Level: 2
  • Bedroom 3: Master 3, On Level: 2
  • Bedroom 4: On Level: 2
  • Bedroom 5: On Level: 2
  • Bedroom 6: On Level: Ground
  • Kitchen: Ocean View, On Level: 3
  • Countertops: Granite
  • Floor Coverings: Carpet, Ceramic Tile, Hardwood
  • Foundation: Piling
  • Full Bathrooms: 5
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ensuite, Some Windows Treated, Washer Connection
  • Dining Room: Ocean View, On Level: 3
  • Game Room: Yes, On Level: Ground
  • Living Room: Ocean View, On Level: 3
  • Optional Rooms: Game Room
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Covered Deck Size: Spacious
  • Exterior: Shakes, Wood
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Gunite, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • Sun Deck Size: Spacious
  • View: Ocean

Garage/Parking

  • Parking: Paved

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Walkways
  • Association Amenities: Ocean Access
  • Association Fee: Yes
  • Estimated Annual Fee: 500

Lot Info

  • Lot Description: Adj. To Common Area, Level
  • Lot Number: Lot #70
  • Deed Book: 698

Rental Info

  • Est Annual Rental Income: 73510
  • Estimated Rental Performance: 0.1167
  • Lease Terms: Weekly
  • Rental Co: Brindley Beach Vacations
  • Rental Cottage Name: Olympus
  • Rental Cottage Number: OS5Q
  • Rental Phone Number: (252) 453-3000
  • Rental Turnover Day: Sunday

Building Info

  • Year Built: 1998

Tax Info

  • Year: 2017
  • Taxes: 4296.38

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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

Listed on
Aug 12, 2018
Closed on
Jun 14, 2019
Sold by
Bought by
Seller's Agent
Heather VanderMyde
Coldwell Banker Seaside Realty - KDH
Buyer's Agent
Heather VanderMyde
Coldwell Banker Seaside Realty - KDH
List Price
$639,000
Sold Price
$630,000
Premium/Discount to List
-$9,000
-1.41%
Current Estimated Value
$1,281,172

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$651,172
Avg. Annual Appreciation
10.45%

Purchase Details

Closed on
May 20, 2003
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
$630,000 None Available
-- --
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
06/14/2019 06/14/19 Sold $630,000 -7.2% $186 / Sq Ft
05/24/2019 05/24/19 Pending -- -- --
03/03/2019 03/03/19 Price Changed $679,000 +6.3% $200 / Sq Ft
03/03/2019 03/03/19 For Sale $639,000 0.0% $188 / Sq Ft
03/03/2019 03/03/19 Price Changed $639,000 -5.9% $188 / Sq Ft
02/25/2019 02/25/19 Pending -- -- --
02/05/2019 02/05/19 Price Changed $679,000 -3.0% $200 / Sq Ft
10/02/2018 10/02/18 Price Changed $699,900 -6.6% $206 / Sq Ft
08/12/2018 08/12/18 For Sale $749,000 -- $221 / 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 $8,214 $704,800 $350,000 $354,800
2024 $8,214 $704,800 $350,000 $354,800
2023 $8,198 $704,800 $350,000 $354,800
2022 $5,949 $704,800 $350,000 $354,800
2021 $5,223 $611,400 $300,000 $311,400
2020 $4,596 $611,400 $300,000 $311,400
2019 $4,565 $611,400 $300,000 $311,400
2018 $4,628 $611,400 $300,000 $311,400
2017 $4,296 $611,400 $300,000 $311,400
2016 $3,867 $611,400 $300,000 $311,400
2015 $3,549 $611,400 $300,000 $311,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 101589

Outer Banks Association of REALTORS®

APN: 126A-000-0070-000Q

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