Listing Details For 624 Tern Arch in Corolla
1/44
Closing Price:
$834,900
$834,900
624 Tern Arch,
Corolla, NC 27927
5 bd
4 ba
2300 sq ft
MLS #: 119458
Status: Closed
Sold Details
Status: Closed
Sold Price: $800,000.00
Closing Date: 11/16/2022
Contract Date: 9/14/2022
Seller Concessions: Yes
Concession Comments: $5K credit to Buyer for siding repairs.
Total Days on Market:
Cumulative Days on Market: 82
Due Diligence Date: 10/10/2022
Listing Information
Area: Corolla Oceanside
Mls Status: Closed
Days On Market: 80
Cumulative Days On Market: 82
Listing Price: $834,900
Original Listing Price: $859,900
Possession: Close Of Escrow
Short Sale: No
Price Date: 11/16/2022
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell
Building Details
Primary Heated Living Area Sq Ft: 2300
Asking Price Per SqFt: $363.00
Heated Living Area Sq Ft: 2300
BedroomsTotal: 5
Bathrooms Full: 4
Year Built: 1988
Garage: Carport
Architectural Style: Reverse Floor Plan, Coastal
Sub Type: Single Family Residence
Appliances: Dryer, Dishwasher, Microwave, Refrigerator w/Ice Maker, Range/Oven, Washer
Roof: Asphalt
Parking: Off Street, Paved, Underground
Foundation: Piling
Pool: Yes
Pool Type: Private
Pool Features: In Ground, Outdoor Pool, Private, Vinyl
Counter Tops: Granite
Cooling: Central Air, Heat Pump
Interior Features: Cathedral Ceiling(s)
Heating: Central, Forced Air, Heat Pump
Room Type: Shipswatch
Flooring: Carpet, Vinyl Tile
Construction Materials: Frame, Wood Siding
Legal Description
Section: H
County: Currituck
Subdivision: Ocean Sands
Subdivision Name: Ocean Sands SEC H
Deed Book: 1564
Deed Book Page Number: 590
County Pin Number: 126A0000034000H
Price Change: 11/15/2022
Block: N/A
Road Surface: Paved, Public
Association Amenities: Ocean Access, Outdoor-Comm. Tennis
Lot Details
Land Tax Value: 180000
Total Assessed Value: 396900
Lot Size Acres: 0.13
Lot Size Square Feet: 5750
Lot Features: Level
Waterfront: More than 5th row
View: Ocean
Property Type: Residential
Property Expenses & Utilities
Tax Year: 2021
Annual Property Taxes: $3,127.00
Flood Zone: X
Flood Insurance Expense: 633
Wind Insurance: 3854
Water Source: Municipal
Yearly Water Expense: 1776
Other Yearly Expense: 380
Pool Or Spa Expense: 3400
Yearly Elecric Expense: 1685
Yearly Cable Tv Expense: 2241
Contract Status Change Date: 11/16/2022
Estimated Annual Fee Amt: $900.00
Sewer: Shared Septic
Association Fee Includes: Road Maintenance, Sewer/Septic, Tennis Courts, Walkways
Other Expenses 2: 1101
Association Fee Yes or No: Yes
Financials
Bill Of Sale Amoung: 1
Electroni Locks: Leased
Bank/Institution Owned: No
Listing Restrictions: Variable Rate Comp
Exterior: Shakes
Extras: Beach Access,Boardwalk to Beach,Ceiling Fan(s),Covered Decks,Hot Tub,Jet Tub,Outside Shower,Screened Porch,Smoke Detector(s),Sun Deck,Water Filter,Dry Entry,Inside Laundry Room
Fuel Tanks: Leased
HOA Contact Name: Signature Touch - Helen Regan
Primary Residence: No
HOA Contact Info: (252) 441-8857
Rental Income
Annual Rental Income: 108393
Rental Performance: 0.1355
Owner Renatl Income 2022 Amount: 42992
Avertised Income 2021 Amount: 50204
Listing Agent Remarks
The undeveloped land behind this home makes for a beautiful setting, views, and a tranquil atmosphere. Being just 6 homes from the ocean front, this home offers your guests an easy walk to the beach and a lot of amenities - Private Pool, Hot Tub and a Jacuzzi room with windows looking out on the undeveloped Dunes behind the home! Enter the home from the carport and you will find a large storage room and a King MBR right on the first floor! On the second level, you will find a King MBR, a Duo Bunk Room, a Pyramid Bunk Room, and the Jacuzzi Room. On the top level, the home boasts a Queen MBR and a spacious, open floor plan with Kitchen, dining, living area, a Ship's Watch, and a screened porch. Take advantage of the spacious top deck to watch the sun rise and to gaze at the ocean view and undeveloped dunes behind the home. The mid-level deck provides for outdoor space out of the sun to relax and read a book. The home has been used as a permanent residence since purchased and is very nicely appointed. However, the home has been added to Village Realty's Rental Program for 2022 and will begin renting in July. You and your guests will be close to the Corolla bike path, Corolla Village for shopping, dining, and entertainment. Don't miss seeing this one!
Directions
From Rt 12 North, turn right on Seabird Way. Make your second right on Sanderling Trail and follow to Tern Arch. Make a left on Tern Arch and the home will be on your 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 624 Tern Arch in Corolla is provided
courtesy of Village Realty Holdings, LLC - NH . 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 624 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
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