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505 Breakers Arch

Corolla, NC 27927

6 bd 6 ba 3,948 sqft Built 1998 Lot 21,590 sqft single_family
Most recent sale
$1,925,000
Jun 13, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 13, 2022 Sold $1,925,000 MLS #118627
Apr 28, 2022 Listed $1,950,000 MLS #118627
Jan 2, 2011 Listing removed $1,150,000 OuterBanks
Mar 30, 2010 Listed $1,150,000 MLS #65750

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $426,300 $360,000 $786,300 $6,151
2023 $426,300 $360,000 $786,300 $5,458
2022 $426,300 $360,000 $786,300 $4,446
2021 $422,700 $360,000 $782,700 $4,521
2020 $359,300 $378,000 $737,300 $4,273
2019 $359,300 $378,000 $737,300 $4,273
2018 $359,300 $378,000 $737,300 $4,273
2017 $359,300 $378,000 $737,300 $3,875
2016 $359,300 $378,000 $755,265 $3,884
2015 $359,300 $378,000 $737,300 $3,884
2014 $359,300 $378,000 $737,300 $3,875
2013 $359,300 $378,000 $737,300 $3,913
2012 $516,809 $841,248 $1,358,057 $4,781
2011 $516,809 $841,248 $1,358,057 $4,781
2010 $516,809 $841,248 $1,358,057 $4,766
2009 $516,809 $841,248 $1,358,057 $4,766

Property facts

Year built
1998
Property type
single_family
Stories
Beds
6
Baths
6
Living area
3,948 sqft
Lot size
21,590 sqft
ZIP code
27927
City
Corolla
Street
Breakers Arch
Coordinates
36.28859, -75.79734

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$11,550
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 505 Breakers Arch last sell?
505 Breakers Arch most recently sold on Jun 13, 2022 for $1,925,000.
What is the current tax assessment for 505 Breakers Arch?
The most recent total assessment for 505 Breakers Arch (year 2025) is $786,300 with $6,151 in property tax.
How does 505 Breakers Arch's assessment compare to its last sale price?
The current assessment is 59.2% below the last sale price of $1,925,000.
When was 505 Breakers Arch built?
505 Breakers Arch was built in 1998.
How does 505 Breakers Arch compare to others on Breakers Arch?
We track 8 other properties on Breakers Arch. Browse the list under "Other properties on Breakers Arch" to compare beds, baths, and sale history.
What are the property facts for 505 Breakers Arch?
505 Breakers Arch is a 6 bed, 6 bath, 3,948 sqft, 21,590 sqft lot single_family.
Is 505 Breakers Arch a flip candidate?
No — 505 Breakers Arch does not appear in our flips dataset.
Is 505 Breakers Arch a tax-appeal candidate?
No — 505 Breakers Arch is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+4.0%
Implied 1-yr
+16.1%
2026 Q3
$1.11M
2026 Q4
$1.15M
ZIP 27927 — Median Price History + Forecast

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