Closing Price:
$1,895,000
647 Tide Arch, Corolla, NC 27927
7 bd
7 ba
3559 sq ft
MLS #: 122239
Status: Closed

Sold Details

Status: Closed
Sold Price: $1,800,000.00
Closing Date: 10/6/2023
Contract Date: 9/1/2023
Seller Concessions: No
Total Days on Market:
Cumulative Days on Market: 109
Due Diligence Date: 10/1/2023

Listing Information

Area: Corolla Oceanside
Mls Status: Closed
Days On Market: 109
Cumulative Days On Market: 109
Listing Price: $1,895,000
Original Listing Price: $2,095,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 10/9/2023
Furnishing Available: Yes
Bill Of Sale Amount: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 3559
Asking Price Per SqFt: $532.00
Heated Living Area Sq Ft: 3559
BedroomsTotal: 7
Bathrooms Full: 7
Bathrooms Partial: 2
Year Built: 2021
Garage: Carport
Architectural Style: Reverse Floor Plan, Coastal
Sub Type: Single Family Residence
Appliances: 2nd Dishwasher, 2nd Refrigerator, Dryer, Dishwasher, Microwave, Refrigerator w/Ice Maker, Range/Oven
Roof: Asphalt
Foundation: Piling
Pool: Yes
Pool Type: Private and Association
Pool Features: Association, Fiberglass, Heated, In Ground, Outdoor Pool, Private
Counter Tops: Quartz
Cooling: Central Air, Heat Pump, Zoned
Interior Features: Cathedral Ceiling(s), Pantry, Wet Bar, Walk-In Closet(s)
Heating: Central, Heat Pump, Zoned
Room Type: Foyer, Game Room, Pantry
Flooring: Carpet, Tile
Construction Materials: Frame

Legal Description

Section: O
County: Currituck
Subdivision: Ocean Lakes
Deed Book: 1619
Deed Book Page Number: 677
County Pin Number: 126A0000140000O
Price Change: 10/8/2023
Road Surface: Paved, Private
Association Amenities: Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis

Lot Details

Lot Size Dimensions: 77x76x76x89
Lot Features: Adj. To Common Area, Level
Waterfront: 4 - lots from oceanfront (5th row)
View: Ocean
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2023
Annual Property Taxes: $10,542.00
Home Oner Insurance Expense: 8950
Flood Zone: X
Flood Insurance Expense: 2353
Water Source: Municipal
Yearly Water Expense: 1995
Other Yearly Expense: 1055
Pool Or Spa Expense: 5156
Yearly Expense: Actual
Yearly Elecric Expense: 3752
Yearly Cable Tv Expense: 2150
Contract Status Change Date: 10/9/2023
Estimated Annual Fee Amt: $1,860.00
Sewer: Public Sewer
Association Fee Includes: Electricity, Common Insurance, Management, Pool, Road Maintenance, Security
Association Fee Yes or No: Yes

Financials

Electroni Locks: Leased
Bank/Institution Owned: No
Exterior: Cement Fiber Board,Composite Siding
Extras: Ceiling Fan(s),Covered Decks,Elevator,Fenced Yard,Hot Tub,Landscaped,Outside Lighting,Outside Shower,Sun Deck,Tiki Bar,Dry Entry,Inside Laundry Room
Fuel Tanks: Leased
HOA Contact Name: Signature Touch
Primary Residence: No
HOA Contact Info: (252) 441-8857

Rental Income

Annual Rental Income: 151375
Rental Performance: 0.0841
Owner Rental Income 2024 Amount: 56065
Avertised Income 2024 Amount: 59747
Owner Renatl Income 2023 Amount: 108299
Avertised Income 2023 Amount: 118584

Listing Agent Remarks

Amazing, must see, like new (built in 2021) oceanside seven-bedroom home in popular Ocean Lakes of Ocean Sands...$151,375. full season rental projection from Blue!.. Ocean views from the top floor and just 90 yards to the private beach access. Top producing rental machine with all of the amenities for your guests including easy elevator access to all levels and seven ensuite bedrooms. High quality composite smart board exterior siding including custom trim. High end furnishings with many extras including Smart home wired throughout, locks, thermostats, Sono’s sound system with speakers inside and out, all Samsung Smart televisions and much more. The ground level includes a large rec room with wet-bar, full sized counter depth refrigerator, powder room, and laundry room with two washers and two dryers. The second level has five bedrooms (two kings, one queen, two twins, and double built-in bunk beds) all with private bathrooms and several with private decks or the shared deck with access to the pool area and a sitting area. The top level has an additional two ensuite bedrooms with king sized beds, private den with built in twin sized bed and twin trundle, powder room, kitchen, dining, and living rooms. The kitchen boasts stainless steel appliances, a coffee bar, gas range with commercial hood, two dishwashers, and two refrigerators. Plenty of seating for all your guests with space at the dining table for 14 and an additional seven seats at the large kitchen island. Backyard includes a large private heated pool, vinyl fencing with large turf lounge area, poolside television, hot tub, and covered and shaded living space with a bar and bar sink. No detail has been overlooked in this house.

Directions

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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 647 Tide Arch in Corolla is provided courtesy of Outer Banks Blue Realty Srvcs. . 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 647 Tide 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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