NOT LISTED FOR SALE

729 Spinnaker Arch Corolla, NC 27927

Corolla Neighborhood

Estimated Value: $897,000 - $1,062,623

5 Beds
4.5 Baths
2,499 Sq Ft
$396/Sq Ft Est. Value

Last Sold June 18, 2021

Last sale price $817,500 $327 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $6,056/month

29 Days on Market

Highlights

  • Ocean View
  • Fiberglass Pool
  • Cathedral Ceiling
  • Beach Access
  • Coastal Architecture
  • Wood Flooring

About This Home

As of June 2021

You will not find better ocean views! If you want a beach house in Corolla where you can see the water and hear the waves crash & seagulls sing and breathe in the fresh salt air, then you need to make this happen. The owners have lovingly maintained this well appointed 5 bedroom 4 1/2 bath vacation home. There is an on demand hot water heater, solar pool heat and a new roof is scheduled in April. The top floor features cathedral ceilings, hard wood floors, an open great room with mesmerizing water views combined with an open kitchen with beautiful granite counter tops, an open dining area and an en-suite bedroom. The mid level features hardwood flooring, another en-suite bedroom, 2 more bedrooms that share a bathroom, featuring more decking and a hot tub with a view. The ground floor features a duo bunk bedroom, futon room, another full bath and a wet bar. Enjoy frolicking in the private pool at a Leisure Thyme. There is a path behind the home that goes directly to the beach crossing the community common area...what a great spot! Don't miss your chance to own your vey own Corolla beach home with VIEWS!

Last Agent to Sell the Property

Gray Berryman

Carolina Designs Realty License #214315 Listed on: 03/31/2021

Co-Listed By

Stacey Baittinger

Landmark Sotheby's International Realty License #204729

Last Buyer's Agent

Trisha Midgett

Midgett Realty - Rodanthe License #162204

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,482

Year Built

  • Built in 1993

Lot Details

  • Property fronts a private road
  • Lot includes common area

HOA Fees

  • $75 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 2,499 Sq Ft Home
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Parking

  • Tuck Under Parking
  • Paved Parking
  • Off-Street Parking

Pool

  • Fiberglass Pool
  • Outdoor Pool
  • Spa

Outdoor Features

  • Beach Access
  • Sun Deck

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Fuel Tank
  • Municipal Utilities District for Water and Sewer

Listing and Financial Details

  • Tax Lot 71

Community Details

Overview

  • Association fees include tennis courts, walkways
  • Signature Touch Association
  • Ocean Sands Subdivision

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,482

Year Built

Built in 1993

Lot Details

0

HOA Fees

$75 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Directions: From NC-12 / Duck Rd, turn east onto Driftwood Way, Turn left onto Mariner Dr, Turn right onto Spinnaker Arch
  • Extras: Beach Access, Ceiling Fan(s), Hot Tub, Smoke Detector(s), Sun Deck
  • Flood Zone: X
  • Headline: Incredible ocean views!
  • Heated Sq Ft: 2499
  • L V T Date: 03/31/2021
  • Roads: Private
  • Sale/Rent: For Sale
  • Section: Q
  • Waterfront Location: 2 - lots from oceanfront (3rd row
  • Zoning: res
  • Advertised Income 2020: 59541
  • Advertised Income 2021: 58541
  • Deed Book Pg Number: 367
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Major Subdivision: Ocean Sands
  • Newpoint Media: Yes
  • Office License Number: C6124
  • 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: Ceramic Tile, Hardwood
  • Foundation: Piling
  • Full Bathrooms: 4
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Ensuite, Wet Bar
  • Optional Rooms: Office
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Shakes
  • Pool: Yes
  • Pool: Private
  • Pool Type: Fiberglass, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 56
  • View: Ocean

Garage/Parking

  • Parking: Paved, Off Street, Under

Utilities

  • Cooling: Central, Heat Pump, Zoned
  • Heating: Central, Heat Pump, Zoned
  • Fuel Tanks: Leased
  • Septic Fee: 18
  • Sewer/Septic System: Municipal Sewer
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Tennis Courts, Walkways
  • Association Amenities: Outdoor-Comm. Tennis
  • Association Fee: Yes
  • Estimated Annual Fee: 900
  • Hoa Contact: Signature Touch
  • HOA Contact: https://signaturetouchobx
  • Home Owner Dwelling Insurance: 3216

Lot Info

  • Lot Description: Adj. To Common Area
  • Lot Faces: S
  • Lot Size: 5775
  • Lot Number: Lot 71
  • Deed Book: 360

Rental Info

  • Est Annual Rental Income: 88000
  • Estimated Rental Performance: 0.1076
  • Maintenance Expenses: 3023
  • Other Expenses: 370
  • Other Insurance Expenses: 241
  • Poolspa Expense: 3448
  • Rental Co: Brindley Beach Vacations
  • Rental Cottage Name: A Leisure Thyme
  • Rental Cottage Number: OS2Q
  • Rental Turnover Day: Sunday
  • Annual Cable TV Expense: 1744
  • Annual Electric: 2694
  • Annual Water Expense: 1039
  • Rental Contact Email: emma@brindleybeach.com
  • Rental Contact Name: Emma Muir

Building Info

  • Year Built: 1993

Tax Info

  • Year: 2020
  • Taxes: 3481.97

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2021
Closed on
Jun 14, 2021
Sold by
Olin Richard D and Olin Dianne Betty
Bought by
Campbell Todd C and Kelly D'Arey Kathalene
Seller's Agent
Gray Berryman
Carolina Designs Realty
Buyer's Agent
Trisha Midgett
Midgett Realty - Rodanthe
List Price
$850,000
Sold Price
$817,500
Premium/Discount to List
-$32,500
-3.82%
Current Estimated Value
$1,025,759

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,259
Avg. Annual Appreciation
4.69%
Original Mortgage
$548,250
Outstanding Balance
$501,745
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$487,411

Purchase Details

Closed on
Apr 28, 1995
Bought by
Olin Richard D and Martin Betty Dianne
Source: Public Records

Range of Values:

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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
Campbell Todd C $5,080,000 Kellogg & Evans Pa
Olin Richard D $262,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Campbell Todd C $548,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2021 06/18/21 Sold $817,500 -3.8% $327 / Sq Ft
04/29/2021 04/29/21 Pending -- -- --
03/31/2021 03/31/21 For Sale $850,000 -- $340 / 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 $6,447 $540,400 $280,000 $260,400
2023 $6,447 $540,400 $280,000 $260,400
2022 $4,659 $540,400 $280,000 $260,400
2021 $4,051 $458,400 $225,000 $233,400
2020 $3,482 $458,400 $225,000 $233,400
2019 $3,455 $458,400 $225,000 $233,400
2018 $3,502 $458,400 $225,000 $233,400
2017 $3,251 $458,400 $225,000 $233,400
2016 $2,931 $458,400 $225,000 $233,400
2015 $2,700 $458,400 $225,000 $233,400
Source: Public Records

Agents Affiliated with this Home

  • Gray Berryman

    Seller's Agent in 2021

    Gray Berryman

    Carolina Designs Realty

    (252) 573-9503

    45 in this area

    201 Total Sales

    Section Image
  • Stacey Baittinger

    Seller Co-Listing Agent in 2021

    Stacey Baittinger

    Landmark Sotheby's International Realty

    (252) 202-5588

    25 in this area

    111 Total Sales

    Section Image
  • Trisha Midgett

    Buyer's Agent in 2021

    Trisha Midgett

    Midgett Realty - Rodanthe

    (252) 996-0124

    41 in this area

    1,271 Total Sales

    Section Image

  • J

    Buyer Co-Listing Agent in 2021

    John Mills

    Midgett Realty - Rodanthe

    (252) 489-3215

    3 in this area

    223 Total Sales

    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 113623

Outer Banks Association of REALTORS®

APN: 126A-000-0071-000Q

North Carolina Currituck County Corolla 27927 Corolla

729 Spinnaker Arch, Corolla, NC

This home is located at 729 Spinnaker Arch, Corolla, NC 27927 since 31 March 2021 and is currently estimated at $989,156, approximately $395 per square foot. This property was built in 1993. 729 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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