NOT LISTED FOR SALE

730 Spinnaker Arch Corolla, NC 27927

Estimated Value: $766,000 - $894,254

5 Beds
2.5 Baths
2,134 Sq Ft
$388/Sq Ft Est. Value

Last Sold June 30, 2017

Last sale price $410,000 $192 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $4,795/month

69 Days on Market

Highlights

  • Community Beach Access
  • In Ground Pool
  • Cathedral Ceiling
  • Ocean View
  • Second Refrigerator
  • Loft

About This Home

As of June 2017

If you are looking to buy a great beach house on the Outer Banks, look no further! This house is now for sale! Income producing machine! Huge pool (16x32), hot tub, ocean views and 3 large decks - both covered and uncovered, with the beach just a few lots away! Turnkey with new roof (2014) new siding (2015) many new windows and some new decking. 2013 new pool pump and motor. 5 bedrooms, 2.5 baths, roomy and bright and ready for you to come enjoy!

Last Agent to Sell the Property

Carolyne Haas

Coast 'N Currents Realty License #265926 Listed on: 03/23/2017

Last Buyer's Agent

Len Cusato

Keller Williams - Outer Banks License #284979

Keller Williams - Outer Banks

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,788

Year Built

  • Built in 1989

Lot Details

  • Property fronts a private road
  • Level Lot

HOA Fees

  • $40 Monthly HOA Fees

Home Design

  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction

Interior Spaces

  • 2,134 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Window Treatments
  • Loft
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Second Refrigerator
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • Paved Parking
  • Off-Street Parking

Pool

  • In Ground Pool
  • Outdoor Pool
  • Spa

Outdoor Features

  • Sun Deck
  • Covered Deck

Utilities

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

Listing and Financial Details

  • Tax Lot lot 59

Community Details

Overview

  • Association fees include grounds maintenance, road maintenance, tennis courts, walkways
  • Bob Defazio Association, Phone Number (252) 619-8351
  • Ocean Sands Subdivision

Recreation

  • Community Boardwalk
  • Community Beach Access
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,788

Year Built

Built in 1989

Lot Details

0

HOA Fees

$40 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: North on 12 to right on Driftwood Way (Ocean Sands section Q), left on Mariner Drive, right on Spinnaker Arch. Home is on right.
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Covered Decks, Hot Tub, Sun Deck, Dry Entry
  • Subdivision Name: Ocean Sands Sect Q
  • Headline: Buy right by the beach!
  • Heated Sq Ft: 2134
  • L V T Date: 03/23/2017
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Waterfront Location: 3 - lots from oceanfront (4th row)
  • Zoning: Res
  • Deed Book Pg Number: 153
  • Major Subdivision: Ocean Sands
  • Office License Number: C3297
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer, 2nd Refrigerator
  • Bedrooms: 5
  • Foundation: Piling
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Pantry, Washer Connection, Wood Fireplace
  • Optional Rooms: Loft, Pantry
  • Partial Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: Carport
  • Parking: Paved, Off Street

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Grounds Maintenance, Road Maintenance, Tennis Courts, Walkways
  • Association Amenities: Ocean Access, Outdoor-Comm. Tennis
  • Association Fee: Yes
  • Estimated Annual Fee: 480
  • Hoa Contact: Bob DeFazio
  • HOA Contact: 252-619-8351

Lot Info

  • Lot Description: Level
  • Lot Number: lot 59
  • Deed Book: 482

Rental Info

  • Lease Terms: Weekly
  • Rental Co: Kitty Hawk Rentals
  • Rental Cottage Name: Captiva's Watch
  • Rental Cottage Number: 7102
  • Rental Phone Number: 252-453-4141
  • Rental Turnover Day: Sat

Building Info

  • Year Built: 1989

Tax Info

  • Year: 2016
  • Taxes: 2788.22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2017
Closed on
Jun 30, 2017
Sold by
Elliott Russell S and Elliott Martha P
Bought by
Somers Patrick T and Somers Virginia L
Seller's Agent
Carolyne Haas
Coast 'N Currents Realty
Buyer's Agent
Len Cusato
Keller Williams - Outer Banks
List Price
$437,500
Sold Price
$410,000
Premium/Discount to List
-$27,500
-6.29%
Current Estimated Value
$815,309

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$405,309
Avg. Annual Appreciation
8.67%
Original Mortgage
$328,000
Outstanding Balance
$271,514
Interest Rate
4.02%
Mortgage Type
New Conventional
Estimated Equity
$556,050

Purchase Details

Closed on
Dec 22, 1999
Bought by
Elliott Russell S and Elliott Martha P
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
Somers Patrick T $410,000 Attorney
Elliott Russell S $219,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Somers Patrick T $328,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2017 06/30/17 Sold $410,000 -3.5% $192 / Sq Ft
05/31/2017 05/31/17 Pending -- -- --
05/07/2017 05/07/17 Price Changed $424,750 -2.9% $199 / Sq Ft
03/23/2017 03/23/17 For Sale $437,500 -- $205 / 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 $5,953 $511,200 $275,000 $236,200
2024 $5,953 $511,200 $275,000 $236,200
2023 $5,937 $511,200 $275,000 $236,200
2022 $4,427 $511,200 $275,000 $236,200
2021 $3,889 $422,500 $225,000 $197,500
2020 $3,253 $422,500 $225,000 $197,500
2019 $3,290 $427,500 $225,000 $202,500
2018 $3,333 $427,500 $225,000 $202,500
2017 $3,095 $427,500 $225,000 $202,500
2016 $2,788 $427,500 $225,000 $202,500
2015 $2,575 $427,500 $225,000 $202,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 95738

Outer Banks Association of REALTORS®

APN: 126A-000-0059-000Q