Closing Price:
$677,000
642 Wave Arch, Corolla, NC 27927
6 bd
5 ba
2940 sq ft
MLS #: 106657
Status: Closed

Sold Details

Status: Closed
Sold Price: $650,000.00
Closing Date: 9/14/2020
Off Market Date: 5/16/2020
Contract Date: 7/22/2020
Seller Concessions: Yes
Concession Comments: Siding repairs.
Total Days on Market:
Cumulative Days on Market: 255
Due Diligence Date: 9/8/2020

Listing Information

Area: Corolla Oceanside
Mls Status: Closed
Days On Market: 255
Cumulative Days On Market: 255
Listing Price: $677,000
Original Listing Price: $725,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 9/14/2020
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 2940
Asking Price Per SqFt: $230.00
Heated Living Area Sq Ft: 2940
BedroomsTotal: 6
Bathrooms Full: 5
Bathrooms Partial: 1
Year Built: 2000
Architectural Style: Reverse Floor Plan
Sub Type: Single Family Residence
Appliances: 2nd Dishwasher, 2nd Refrigerator, Dryer, Dishwasher, Microwave, Refrigerator, Range/Oven, Washer
Roof: Asphalt
Parking: Paved
Foundation: Piling
Pool: Yes
Pool Type: Private and Association
Pool Features: Association, Private
Builder Name: BD&A
Cooling: Central Air, Heat Pump
Heating: Central, Heat Pump
Flooring: Carpet, Tile
Construction Materials: Frame, Wood Siding

Legal Description

Section: 0
County: Currituck
Subdivision: Ocean Sands
Deed Book: 437
Deed Book Page Number: 706
County Pin Number: 126A0000047000O
Price Change: 9/13/2020
Block: N/A
Road Surface: Paved, Public

Lot Details

Lot Features: Adj. To Common Area
Lot Faces: N
Waterfront: 2 - lots from oceanfront (3rd row
View: Ocean
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2019
Annual Property Taxes: $4,188.00
Flood Zone: X
Water Source: Municipal
Contract Status Change Date: 9/14/2020
Estimated Annual Fee Amt: $950.00
Sewer: Shared Septic
Association Fee Includes: Management
Association Fee Yes or No: Yes

Financials

Bill Of Sale Amoung: 1
Bank/Institution Owned: No
Exterior: Cement Fiber Board
HOA Contact Name: Ocean Sands POA
Primary Residence: No
HOA Contact Info: http://osspoa.org/

Rental Income

Annual Rental Income: 59440
Rental Performance: 0.0914

Listing Agent Remarks

Turn-key rental home in Corolla just steps away from the beach! Located only two lots from the oceanfront in the Ocean Lake subdivision of Ocean Sands (Sec O) and perfectly positioned on the outside of Wave Arch for those fantastic ocean views. The bright and spacious top-level allows ample natural light in the great room, kitchen, and dining room. A small loft space off of the great room would make for the perfect reading nook. The two sliding doors on the top-level open up to a large deck with water views – ideal for morning coffee with the sunrise and evening cocktails watching for dolphins. On the top floor you’ll also find an over-sized master bedroom with ocean views. The mid-level has four bedrooms – two of which are master bedrooms with deck access. The other two mid-level bedrooms have a shared bathroom and the northeast bedroom has a private deck. Downstairs you’ll find one bedroom – large enough for a duo-bunk and twin bed! The bottom-level rec room is complete with a full refrigerator and microwave that transitions right to the outside pool area. A covered patio space and outdoor shower sits just before the gated pool deck – and beyond the gate you’ll find a large (14 x 26), private pool! This home has proven and consistent rental performance with room to grow.

Directions

Take Seabird Way towards Section O and Wave Arch will be on your right. House is on the right.

Official MLS Disclaimer

The data relating to real estate for sale on this web site comes from the Broker Reciprocity Program of the Outer Banks Association of REALTORS. This property located at 642 Wave Arch in Corolla is provided courtesy of Twiddy and Company - Corolla C: 252-207-6143. Information is believed to be accurate but is not warranted. Copyrighted by Outer Banks Association of REALTORS. All Rights Reserved. IDX information is provided by Shore Realty of the OBX exclusively for consumers, personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. If this page disappears from this site it means the property at 642 Wave Arch in Corolla is no longer available for sale. If you are interested in this property or have any questions about buying or selling real estate on the Outer Banks call Shore Realty. Local 252-441-3416 OR 800-647-1868.
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