Listing Details For 607 Wave Arch in Corolla

Closing Price:
$1,425,000
607 Wave Arch, Corolla, NC 27927
9 bd
8 ba
3940 sq ft
MLS #: 109345
Status: Closed

Sold Details

Status: Closed
Sold Price: $1,365,000.00
Closing Date: 10/23/2020
Contract Date: 8/23/2020
Seller Concessions: Yes
Concession Comments: $5000 toward repairs (new roof needed in a couple years and some other small items)
Total Days on Market:
Cumulative Days on Market: 549
Due Diligence Date: 10/7/2020

Listing Information

Area: Corolla Oceanside
Mls Status: Closed
Days On Market: 549
Cumulative Days On Market: 549
Listing Price: $1,425,000
Original Listing Price: $1,425,000
Short Sale: No
Price Date: 10/23/2020
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 3940
Asking Price Per SqFt: $362.00
Heated Living Area Sq Ft: 3940
BedroomsTotal: 9
Bathrooms Full: 8
Bathrooms Partial: 1
Year Built: 2004
Sub Type: Single Family Residence
Appliances: 2nd Dishwasher, 2nd Refrigerator, Countertop Range, Dryer, Dishwasher, Refrigerator w/Ice Maker, Washer, Wall Oven
Roof: Asphalt
Pool: Yes
Pool Type: Private
Pool Features: In Ground, Private
Counter Tops: Granite
Cooling: Central Air, Heat Pump
Interior Features: Cathedral Ceiling(s), Pantry
Heating: Heat Pump
Room Type: Game Room
Flooring: Carpet, Ceramic Tile, Laminate

Legal Description

Section: O
County: Currituck
Subdivision: Ocean Sands
Deed Book: 1094
Deed Book Page Number: 947
County Pin Number: 126A0000062000O
Price Change: 10/22/2020
Block: n/a
Road Surface: Paved
Association Amenities: Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis

Lot Details

Lot Features: Beach Frontage
Waterfront: Ocean Front
View: Ocean
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2018
Annual Property Taxes: $7,992.00
Flood Zone: X
Other Insurance: 5410
Water Source: Municipal
Yearly Water Expense: 3000
Pool Or Spa Expense: 3200
Yearly Elecric Expense: 4300
Contract Status Change Date: 10/23/2020
Estimated Annual Fee Amt: $600.00
Sewer: Shared Septic
Association Fee Includes: Pool, Sewer/Septic, Tennis Courts, Walkways
Association Fee Yes or No: Yes

Financials

Bill Of Sale Amoung: 1
Bank/Institution Owned: No
Exterior: Cement Fiber Board
Extras: Elevator,Hot Tub,Outside Shower,Sun Deck,Dry Entry,Inside Laundry Room
HOA Contact Name: see website
Primary Residence: No
HOA Contact Info: Ocean Sands HOA

Rental Income

Annual Rental Income: 186600
Rental Performance: 0.1367

Listing Agent Remarks

Turn-key oceanfront 9-bedroom 8.5 bathroom home in Corolla with private pool, elevator, game room and more! Amazing views from the top level give this home the wow factor, and it has a fantastic layout for mutli-family use. The owners have used this home as their family's second home and rented moderately when they aren't personally using it. That means a well-maintained home for the new owners, with a rental projection over $186k! The ground level is a large gameroom and family area with a kitchenette and refrigerator, a master bedroom and bathroom, and two more bedrooms that share a hall bathroom. New granite countertops and new sink for the wetbar in 2020. There's also sliders from this level that lead to the fully-fenced outdoor pool, hot tub, outside shower, and patio and grill area. The second level features FIVE MASTER BEDROOMS with their own bathrooms! Plenty of oceanfront/poolfront decking on this level, and sliders from the east-facing bedrooms onto the decks. The top level features an open-concept great room with cathedral ceilings and plenty of large windows to see the expansive ocean views! The large kitchen has two refrigerators, two dishwashers and two ovens, and brand new white granite countertops in 2020. Perfect for group entertaining and large families. The dining space is right off the kitchen, with a large table for all the guests, and ocean view dining. There's a master bedroom and master bathroom also, with the master leading out to an oceanfront deck. There's also a 1/2 bath on this level, and a gas fireplace. Enjoy the wide beaches of Corolla right in your backyard, with a large stable dune for protection. Such a great location for families and for investment. A truly well-loved home that's ready for a new owner. Two new HVAC units in 2017. New top deck and rails in 2018. New hot tub, 2 new refrigerators, 2 new dishwashers, new washing machine in 2017/2018. New front stairs and back stairs in 2020. New custom-cut blinds in all bedrooms in 2020. $119,000 in rental income already booked for 2020.

Directions

Ocean Sands HIJO ... From NC 12, turn east into section HIJO. Go straight until the T. Turn left at the T. Third right onto Wave Arch. Home 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 607 Wave Arch in Corolla is provided courtesy of Keller Williams - Outer Banks C: 252-599-7250. 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 607 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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