Closing Price:
$1,099,000
608 Wave Arch, Corolla, NC 27927
8 bd
8 ba
3850 sq ft
MLS #: 108387
Status: Closed

Sold Details

Status: Closed
Sold Price: $1,075,000.00
Closing Date: 7/20/2020
Contract Date: 6/9/2020
Seller Concessions: Yes
Concession Comments: $8062.50 credit at closing to buyers.
Total Days on Market:
Cumulative Days on Market: 244
Due Diligence Date: 7/4/2020

Listing Information

Area: Corolla Oceanside
Mls Status: Closed
Days On Market: 244
Cumulative Days On Market: 244
Listing Price: $1,099,000
Original Listing Price: $1,125,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 7/20/2020
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 3850
Asking Price Per SqFt: $285.00
Heated Living Area Sq Ft: 3850
BedroomsTotal: 8
Bathrooms Full: 8
Bathrooms Partial: 1
Year Built: 2003
Architectural Style: Contemporary, Reverse Floor Plan
Sub Type: Single Family Residence
Appliances: 2nd Dishwasher, 2nd Refrigerator, Dryer, Dishwasher, Microwave, Refrigerator w/Ice Maker, Range/Oven, Washer
Roof: Asphalt
Parking: Off Street, Paved
Foundation: Slab
Pool: Yes
Pool Type: Private and Association
Pool Features: Association, Fiberglass, In Ground, Outdoor Pool, Private
Counter Tops: Solid Surface
Cooling: Central Air, Heat Pump, Zoned
Interior Features: Cathedral Ceiling(s)
Heating: Electric, Heat Pump, Zoned
Room Type: Foyer, Game Room
Flooring: Carpet, Ceramic Tile, Laminate
Construction Materials: Frame, Wood Siding

Legal Description

Section: O
County: Currituck
Subdivision: Ocean Sands
Deed Book: 1422
Deed Book Page Number: 152
County Pin Number: 126A0000075000O
Price Change: 7/19/2020
Block: XX
Road Surface: Paved, Private
Association Amenities: Board Walk, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis

Lot Details

Lot Size Acres: 0.14
Lot Size Dimensions: 60x100
Lot Size Square Feet: 6000
Lot Features: Level
Waterfront: Semi-Oceanfront (2nd row)
View: Ocean
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2019
Annual Property Taxes: $5,045.00
Home Oner Insurance Expense: 1573
Flood Zone: X
Flood Insurance Expense: 724
Wind Insurance: 4210
Water Source: Municipal
Yearly Water Expense: 1662
Other Yearly Expense: 516
Pool Or Spa Expense: 3541
Yearly Expense: Actual
Yearly Elecric Expense: 3055
Yearly Telephone Expense: 60
Yearly Cable Tv Expense: 700
Contract Status Change Date: 7/20/2020
Estimated Annual Fee Amt: $1,225.00
Sewer: Shared Septic
Association Fee Includes: Management, Pool, Road Maintenance, Security, Tennis Courts, Walkways
Association Fee Yes or No: Yes

Financials

Bill Of Sale Amoung: 1
Electroni Locks: None
Bank/Institution Owned: No
Exterior: Vinyl
Extras: Ceiling Fan(s),Covered Decks,Elevator,Hot Tub,Jet Tub,Outside Lighting,Outside Shower,Smoke Detector(s),Storage Shed,Sun Deck,Tiki Bar,Inside Laundry Room
Fuel Tanks: None
HOA Contact Name: OCEAN SANDS HOA
Primary Residence: No
Street Frontage : 60
HOA Contact Info: Signature Touch Mgmt

Rental Income

There is no rental income information available

Listing Agent Remarks

LOCATION, VIEWS, FRESHLY RENOVATED, ELEVATOR with OCEAN VIEW, and an X Flood Zone, so NO Flood Insurance required! Just 25 Steps to the direct Beach Access, this property is Fresh, Vibrant, and Professionally Decorated and has been Meticulously Maintained with High End Coastal Furnishings...not to mention well appointed and over stocked to provide all the comforts of home and more! Over $120,500 in '19 Rentals Income...IMPRESSIVE INCOME PRODUCER WITH 11% GROSS RENTAL RETURN, and has the feel of a true 2nd Home! Open up rentals in the off season, and they have potential to reach over $130,000! This stylish and thoughtfully designed semi-oceanfront with Ocean View Elevator boasts expansive views of the Ocean from most of the upper level, and offers the perfect balance of multiple wide open common spaces on each floor, luxury with each bedroom offering a private en-suite bath, and a fresh coastal style. Multiple decks, a charming porch swing, and a generous pool area with high end furniture provide ample space to relax. A beach bar, boat bar, flat screen TVs with DIRECTV in all bedrooms and common areas are just the start – this is a sophisticated, fun and comfortable coastal compound. MASSIVE RENOVATION COMPLETED in 2017-2018 – REMODELED and overstocked Kitchen with Quartz Counters, New Island, New Cabinetry, New Stainless Appliances, and New Tile Backsplash; NEW Mid/Lower Level HVAC (air handler and heat pump...Upper level NEW in 2014) 2017/2018, NEW high end Furniture, Bedding, Memory Foam Mattresses, Light Fixtures, Plantation Blinds, and Shiplap details; NEW Luxury Vinyl Plank Flooring, and NEW Interior Paint! The Top Level offers abundant Ocean Views, Open Floor Plan with seating for 22, Renovated Kitchen, Gas Fireplace, Slipcovered Furniture, Renovated Powder Room, King Master Suite with Custom Barn Doors leading to private bath, an Ocean View Sun Deck, and a Rear Deck overlooking the Pool area. The Mid Level continues with the New Luxury Vinyl Flooring, and 4 Bedrooms each with a Private en-suite Bathroom including a custom built Twin Boat Bedroom, and a spacious Bonus Den that opens to a large deck with an outdoor pool table! The Lower Level offers 3 more Bedrooms, Game Room with Custom Ping Pong table and Shuffleboard, comfortable common area for lounging with another fridge, Laundry Room, and direct access to the outside Pool area. You will be absolutely wowed by the details of this home! Outside the fun continues with Basketball, a Custom Beach Bar, Custom Outdoor Dining Table, Private Pool with built in ledge seating, Hot Tub, Charcoal Park Grill, and Outside Shower! This home also offers a custom private gated access to its 'sister' home at 620 WAVE ARCH, which is also FOR SALE (MLS 108499) … purchase both properties to create a 15 bedroom compound of fun!

Directions

East on Seabird Way, veer Right onto Ocean Lake Trail. 1st Left on Wave Arch. Home on Left...semi Oceanfront.

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 608 Wave Arch in Corolla is provided courtesy of Coldwell Banker Seaside Realty KH 252-599-6814. 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 608 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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