NOT LISTED FOR SALE

Estimated Value: $787,000 - $885,969

5 Beds
4.5 Baths
2,170 Sq Ft
$390/Sq Ft Est. Value

Last Sold September 16, 2014

Last sale price $465,000 $214 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $5,302/month

308 Days on Market

Highlights

  • Ocean View
  • In Ground Pool
  • Cathedral Ceiling
  • Beach Access
  • Coastal Architecture
  • Furnished

About This Home

As of September 2014

This home is located at 732 Spinnaker Arch, Corolla, NC 27927 since 16 September 2013 and is currently estimated at $846,742, approximately $390 per square foot. This property was built in 1998. 732 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.

Last Agent to Sell the Property

Glenn Jungen

Twiddy and Company - Corolla License #224940 Listed on: 09/16/2013

Co-Listed By

Jane J

Twiddy and Company - Corolla License #230815

Last Buyer's Agent

Glenn Jungen

Twiddy and Company - Corolla License #224940 Listed on: 09/16/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,474

Year Built

  • Built in 1998

Lot Details

  • Level Lot

HOA Fees

  • $29 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Reverse Style Home
  • Asphalt Shingled Roof
  • Piling Construction

Interior Spaces

  • 2,170 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Living Room
  • Game Room
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Carport
  • Tuck Under Parking
  • Off-Street Parking

Pool

  • In Ground Pool
  • Outdoor Shower
  • Fiberglass Pool

Outdoor Features

  • Beach Access
  • Sun Deck
  • Covered Deck
  • Patio

Utilities

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

Listing and Financial Details

  • Tax Lot 58

Community Details

Overview

  • Association fees include management, tennis courts, walkways
  • Ocean Sands Subdivision

Recreation

  • Community Boardwalk

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,474

Year Built

Built in 1998

Lot Details

0

HOA Fees

$29 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Directions: East on Driftwood Way, Section Q. Left on Mariners Way. Right on Spinnaker Arch, home on right.
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Covered Decks, Outside Shower, Patio, Sun Deck
  • Flood Zone: AE
  • Subdivision Name: Ocean Sands
  • Heated Sq Ft: 2170
  • Roads: Paved
  • Sale/Rent: For Sale
  • Section: Q
  • Waterfront Location: 4 - lots from oceanfront (5th row)
  • Zoning: Res
  • Deed Book Pg Number: 524
  • Major Subdivision: Ocean Sands
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 5
  • Bedroom 1: On Level: 3
  • Bedroom 2: On Level: 2
  • Bedroom 3: On Level: 2
  • Bedroom 4: On Level: 2
  • Kitchen: On Level: 3
  • Foundation: Piling
  • Full Bathrooms: 4
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Gas Fireplace, Ensuite, Washer Connection
  • Living Room: On Level: 3
  • Optional Rooms: Game Room
  • Partial Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: 3 + Car, Carport
  • Parking: Paved, Off Street, Under

Utilities

  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Oilgas Severed Pre Owner: No Representation
  • Sewer/Septic System: Community Septic
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Management, Tennis Courts, Walkways
  • Association Fee: Yes
  • Estimated Annual Fee: 350

Lot Info

  • Lot Description: Level
  • Lot Size: Irreg
  • Lot Number: Lot 58
  • Deed Book: 574

Rental Info

  • Est Annual Rental Income: 49061
  • Estimated Rental Performance: 0.1055
  • Rental Co: Twiddy and Company
  • Rental Cottage Name: Pray for Waves
  • Rental Cottage Number: G996
  • Rental Phone Number: 457-1100
  • Rental Turnover Day: Sunday
  • Yearly Expense Actual Estimate: Estimated

Building Info

  • Year Built: 1998

Tax Info

  • Year: 2013
  • Taxes: 2473.91

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2013
Closed on
Aug 27, 2014
Sold by
George Alfred H and George Nancy J
Bought by
Brotzman Wayne J and Brotzman Ann O
Seller's Agent
Glenn Jungen
Twiddy and Company - Corolla
Buyer's Agent
Glenn Jungen
Twiddy and Company - Corolla
List Price
$549,900
Sold Price
$465,000
Premium/Discount to List
-$84,900
-15.44%
Current Estimated Value
$869,606

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$404,606
Avg. Annual Appreciation
5.65%
Original Mortgage
$265,000
Outstanding Balance
$206,142
Interest Rate
4.19%
Mortgage Type
New Conventional
Estimated Equity
$640,600
Source: Public Records

Range of Values:

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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
Brotzman Wayne J $465,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brotzman Wayne J $265,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2014 09/16/14 Sold $465,000 -15.4% $214 / Sq Ft
07/21/2014 07/21/14 Pending -- -- --
09/16/2013 09/16/13 For Sale $549,900 -- $253 / 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 $6,140 $496,300 $235,000 $261,300
2023 $5,680 $496,300 $235,000 $261,300
2022 $4,453 $496,300 $235,000 $261,300
2021 $3,901 $404,700 $185,000 $219,700
2020 $3,138 $404,700 $185,000 $219,700
2019 $3,138 $404,700 $185,000 $219,700
2018 $0 $404,700 $185,000 $219,700
2017 $2,952 $404,700 $185,000 $219,700
2016 $2,667 $404,700 $185,000 $219,700
2015 -- $404,700 $185,000 $219,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 80590

Outer Banks Association of REALTORS®

APN: 126A-000-0058-000Q