NOT LISTED FOR SALE

736 Spinnaker Arch Corolla, NC 27927

Corolla Neighborhood

Estimated Value: $652,649 - $767,000

4 Beds
2 Baths
1,586 Sq Ft
$448/Sq Ft Est. Value

Last Sold December 10, 2018

Last sale price $400,000 $252 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $4,304/month

360 Days on Market

Highlights

  • Beach Access
  • Corner Lot
  • Tennis Courts
  • Outdoor Pool
  • Furnished
  • Fenced Yard

About This Home

As of December 2018

Great home with hot tub and private pool. Also has pirate ship for kids. Close to ocean with views from the spacious deck. A really nice family area. This house sits only 6 lots from the beach access. The owner has updated in 2017 - see associated documents. This house is a good buy. It is a home you want to show to a buyer wanting to be close to the beach. The rental history is strong.

Last Agent to Sell the Property

Cecil Myers

Brindley Beach Vacations & Sal License #188814 Listed on: 10/20/2017

Last Buyer's Agent

Maggie Carroll

Scott Team Realty License #287838

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,543

Year Built

  • Built in 1987

Lot Details

  • Lot includes common area
  • Fenced Yard
  • Corner Lot
  • Level Lot

HOA Fees

  • $40 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,586 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • Outdoor Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Beach Access
  • Sun Deck
  • Covered Deck

Utilities

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

Listing and Financial Details

  • Tax Lot #56

Community Details

Overview

  • Association fees include common electric, common insurance, road maintenance, security, tennis courts
  • Ocean Sands Subdivision

Recreation

  • Community Boardwalk
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,543

Year Built

Built in 1987

Lot Details

0

HOA Fees

$40 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: Hwy 12 North, right on Driftwood Way (look for sign for Sections M,N,P,Q), left on Mariner, right on Spinnaker- house on right on corner.
  • Extras: Beach Access, Ceiling Fan(s), Covered Decks, Fenced Yard, Hot Tub, Outside Shower, Smoke Detector(s), Sun Deck
  • Flood Zone: AE
  • Subdivision Name: Ocean Sands PUD
  • Headline: QUAINT HOME IN OCEAN SANDS
  • Heated Sq Ft: 1586
  • L V T Date: 10/20/2017
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: Q
  • Waterfront Location: More than 5th row
  • Zoning: Res
  • Deed Book Pg Number: 404
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Major Subdivision: Ocean Sands
  • Newpoint Media: Yes
  • Office License Number: C14121
  • 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 w/Ice Maker, Washer
  • Bedrooms: 4
  • Floor Coverings: Carpet, Tile, Vinyl
  • Foundation: Piling
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Dryer Connection, Ensuite, Washer Connection

Exterior Features

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

Garage/Parking

  • Garage: Carport

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Common Electric, Common Insurance, Road Maintenance, Security, Tennis Courts
  • Association Amenities: Outdoor-Comm. Tennis, Board Walk
  • Association Fee: Yes
  • Estimated Annual Fee: 480
  • Home Owner Dwelling Insurance: 2639

Lot Info

  • Lot Description: Adj. To Common Area, Corner, Level
  • Lot Number: Lot #56
  • Deed Book: 806

Rental Info

  • Est Annual Rental Income: 25669
  • Estimated Rental Performance: 0.0642
  • Flood Expenses: 2520
  • Lease Terms: Weekly
  • Other Insurance Expenses: 986
  • Poolspa Expense: 3929
  • Rental Co: Kitty Hawk Rentals
  • Rental Cottage Name: Carol-La Sands
  • Rental Cottage Number: 567
  • Rental Phone Number: 453-4141
  • Rental Turnover Day: Sun
  • Yearly Expense Actual Estimate: Actual
  • Annual Cable TV Expense: 1523
  • Annual Electric: 1248
  • Annual Telephone Expense: 743
  • Annual Water Expense: 1089

Building Info

  • Year Built: 1987

Tax Info

  • Year: 2017
  • Taxes: 2542.62

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2017
Closed on
Nov 28, 2018
Sold by
Vamvakias Nicholas P and Vamvakias Carol Y
Bought by
Lowe Ronald J and Tonjes Lowe Josephine
Seller's Agent
Cecil Myers
Brindley Beach Vacations & Sal
Buyer's Agent
Maggie Carroll
Scott Team Realty
List Price
$495,000
Sold Price
$400,000
Premium/Discount to List
-$95,000
-19.19%
Current Estimated Value
$708,047

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$308,047
Avg. Annual Appreciation
8.99%
Original Mortgage
$360,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 16, 2004
Bought by
Vamvakias Nicholas P and Vamakias Carol Y
Source: Public Records

Range of Values:

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Average Value
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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
Lowe Ronald J $400,000 None Available
Vamvakias Nicholas P $487,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lowe Ronald L $373,000
Closed Lowe Ronald J $373,000
Closed Lowe Ronald J $360,000
Previous Owner Vamvakias Nicholas P $398,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2018 12/10/18 Sold $400,000 -7.0% $252 / Sq Ft
10/15/2018 10/15/18 Pending -- -- --
06/11/2018 06/11/18 Price Changed $430,000 -13.1% $271 / Sq Ft
10/20/2017 10/20/17 For Sale $495,000 -- $312 / 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 $4,648 $381,200 $180,000 $201,200
2023 $4,648 $381,200 $180,000 $201,200
2022 $3,376 $381,200 $180,000 $201,200
2021 $2,984 $344,500 $160,000 $184,500
2020 $2,704 $344,500 $160,000 $184,500
2019 $2,699 $344,500 $160,000 $184,500
2018 $2,734 $344,500 $160,000 $184,500
2017 $2,543 $344,500 $160,000 $184,500
2016 $2,296 $344,500 $160,000 $184,500
2015 $2,119 $344,500 $160,000 $184,500
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2018

    Cecil Myers

    Brindley Beach Vacations & Sal

    (252) 207-1629

    24 Total Sales

    Section Image
  • Maggie Carroll

    Buyer's Agent in 2018

    Maggie Carroll

    Scott Team Realty

    (252) 202-7626

    4 in this area

    29 Total Sales

    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 98215

Outer Banks Association of REALTORS®

APN: 126A-000-0056-000Q

North Carolina Currituck County Corolla 27927 Corolla

736 Spinnaker Arch, Corolla, NC

This home is located at 736 Spinnaker Arch, Corolla, NC 27927 since 20 October 2017 and is currently estimated at $710,162, approximately $447 per square foot. This property was built in 1987. 736 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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