Closing Price:
$899,000
616 Tern Arch, Corolla, NC 27927
5 bd
3 ba
1760 sq ft
MLS #: 122967
Status: Closed

Sold Details

Status: Closed
Sold Price: $927,000.00
Closing Date: 9/15/2023
Contract Date: 8/6/2023
Seller Concessions: Yes
Concession Comments: $25,000 credit from seller to buyer.
Total Days on Market:
Cumulative Days on Market: 6
Due Diligence Date: 8/28/2023

Listing Information

Area: Corolla Oceanside
Mls Status: Closed
Days On Market: 6
Cumulative Days On Market: 6
Listing Price: $899,000
Original Listing Price: $899,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 9/18/2023
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: 1760
Asking Price Per SqFt: $511.00
Heated Living Area Sq Ft: 1760
BedroomsTotal: 5
Bathrooms Full: 3
Year Built: 1987
Garage: Carport
Architectural Style: Reverse Floor Plan
Sub Type: Single Family Residence
Appliances: Dryer, Dishwasher, Refrigerator, Range/Oven, Washer
Roof: Asphalt
Parking: Paved
Foundation: Piling
Pool: Yes
Pool Type: Private and Association
Pool Features: Association, Outdoor Pool, Private
Sun Deck Size: Yes
Counter Tops: Laminate
Cooling: Central Air, Heat Pump
Heating: Central, Electric, Heat Pump, Zoned
Flooring: Carpet, Vinyl
Construction Materials: Frame, Wood Siding

Legal Description

Section: H
County: Currituck
Subdivision: Ocean Sands
Subdivision Name: Ocean Sands Subdivision PUD
Deed Book: 1027
Deed Book Page Number: 132
County Pin Number: 126A0000038000H
Price Change: 9/17/2023
Block: NA
Road Surface: Paved
Association Amenities: Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis

Lot Details

Lot Size Acres: 0.16
Lot Size Dimensions: 60 X 115
Lot Size Square Feet: 6900
Lot Features: Cul-De-Sac, Level
Waterfront: 2 - lots from oceanfront (3rd row
View: Ocean
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2022
Annual Property Taxes: $4,167.00
Home Oner Insurance Expense: 3203
Flood Zone: AE
Water Source: Municipal
Yearly Water Expense: 1512
Yearly Elecric Expense: 2373
Yearly Cable Tv Expense: 948
Contract Status Change Date: 9/18/2023
Estimated Annual Fee Amt: $935.00
Sewer: Shared Septic
Association Fee Includes: Electricity, Common Insurance, Management, Road Maintenance, Tennis Courts, Walkways
Association Fee Yes or No: Yes

Financials

Bill Of Sale Amoung: 1
Construction Loan Status: NA
Bank/Institution Owned: No
Exterior: Lap Siding,Shakes
HashTag of Units: 1
Extras: Beach Access,Boardwalk to Beach,Ceiling Fan(s),Hot Tub,Jet Tub,Outside Shower,Smoke Detector(s),Storage Shed,Sun Deck,Dry Entry,Inside Laundry Room
Covered Deck Size: Spacious
Fuel Tanks: Leased
HOA Contact Name: Signature Touch
Primary Residence: No
Street Frontage : 60
HOA Contact Info: 252-441-8857

Rental Income

There is no rental income information available

Listing Agent Remarks

This bright and airy five bedroom, three bath beach house is only 150 feet from the wide, soft sandy beach access. This home features spectacular ocean views and a large private pool (14 X 25). This home is located in the popular Corolla community of Ocean Sands. This well maintained home features a reverse floor plan which allows you to take advantage of the unobstructed views of the Atlantic Ocean and the abundant sea life. Relax on the spacious sun deck or take a dip in the pool or relax in the hot tub. Enjoy a leisurely stroll to the beach while searching for sea glass or that special seashell that you have been trying to find. Salt air & Sea breezes makes this home unique. Ocean Lakes Swim & Tennis club fee is $925.00 yearly and it is grandfathered in and will convey with the sale. Very tough to obtain a membership currently.

Directions

Travel Highway 12 to Section H of Ocean Sands Subdivision. Turn Right on Seabird Way, Right on Sanderling Trail and Left on Tern Arch. House is located on the right hand side.

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 616 Tern Arch in Corolla is provided courtesy of Sun Realty - Kitty Hawk / Currituck Main: 252-261-3892. 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 616 Tern 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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