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Listing Details For 514 Breakers Arch in Corolla

Closing Price:
$2,200,000
514 Breakers Arch, Corolla, NC 27927
11 bd
11 ba
5116 sq ft
MLS #: 118398
Status: Closed

Sold Details

Status: Closed
Sold Price: $2,100,000.00
Closing Date: 5/27/2022
Contract Date: 4/11/2022
Seller Concessions: No
Total Days on Market:
Cumulative Days on Market: 1

Listing Information

Area: Corolla Oceanside
Mls Status: Closed
Days On Market: 1
Cumulative Days On Market: 1
Listing Price: $2,200,000
Original Listing Price: $2,200,000
Possession: Close Of Escrow, Subject To Tenant Rights
Short Sale: No
Price Date: 5/29/2022
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: 5116
Asking Price Per SqFt: $430.00
Heated Living Area Sq Ft: 5116
BedroomsTotal: 11
Bathrooms Full: 11
Bathrooms Partial: 2
Year Built: 2006
Architectural Style: Reverse Floor Plan, Coastal
Sub Type: Single Family Residence
Appliances: 2nd Dishwasher, 2nd Refrigerator, Dryer, Dishwasher, Freezer, Microwave, Refrigerator, Refrigerator w/Ice Maker, Range/Oven, Washer
Roof: Asphalt
Pool: Yes
Pool Type: Private
Pool Features: Custom, Heated, In Ground, Outdoor Pool, Private
Counter Tops: Granite
Cooling: Central Air, Heat Pump, Zoned
Interior Features: Cathedral Ceiling(s), Wet Bar
Heating: Central, Heat Pump, None
Room Type: Game Room, Home Theater
Flooring: Carpet, Hardwood, Tile

Legal Description

Section: A
County: Currituck
Subdivision: Ocean Sands
Subdivision Name: Ocean Sands Section A
Deed Book: 1375
Deed Book Page Number: 423
County Pin Number: 126A0000009000A
Price Change: 5/28/2022
Block: 0
Road Surface: Paved
Association Amenities: Ocean Access

Lot Details

Lot Size Acres: 0.79
Lot Size Square Feet: 34522
Waterfront: More than 5th row
View: Ocean
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2021
Annual Property Taxes: $5,488.00
Home Oner Insurance Expense: 1752
Flood Zone: X
Wind Insurance: 6743
Water Source: Municipal
Yearly Water Expense: 1300
Pool Or Spa Expense: 6400
Yearly Elecric Expense: 5700
Yearly Telephone Expense: 1980
Yearly Cable Tv Expense: 1980
Contract Status Change Date: 5/29/2022
Estimated Annual Fee Amt: $125.00
Sewer: Septic Tank
Association Fee Yes or No: Voluntary - Restrictive Covenants May Apply

Financials

Bill Of Sale Amoung: 1
Bank/Institution Owned: No
Exterior: Cement Fiber Board,Lap Siding
Extras: Beach Access,Ceiling Fan(s),Covered Decks,Elevator,Hot Tub,Jet Tub,Lawn Sprinklers,Outside Shower,Tiki Bar
HOA Contact Name: Margie Gaitens
Primary Residence: No
HOA Contact Info: PO Box 157 Corolla NC

Rental Income

Annual Rental Income: 232550
Rental Performance: 0.1107

Listing Agent Remarks

This gorgeous 11 bedroom home is perfectly situated only 6 lots from the oceanfront in the highly sought after Section A of Ocean Sands. The homesites are all over 3/4 of an acre which provides space and uncrowded beaches. This well designed home offers everything you could want in a vacation home - 35 x 15 heated pool, tiki bar, fire pit, volleyball, hot tub, theater room, game room, ocean views and elevator. Last year this home grossed over $232,000 in rental income!

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 514 Breakers Arch in Corolla is provided courtesy of Coldwell Banker Seaside Realty KH C: 252-207-4484. 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 514 Breakers Arch in Corolla is no longer available for sale.

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