Listing Details For 467 Pipsis Point Road in Corolla
Closing Price:
$1,350,000
$1,350,000
467 Pipsis Point Road,
Corolla, NC 27927
6 bd
4 ba
3400 sq ft
MLS #: 89972
Status: Closed
Sold Details
Status: Closed
Sold Price: $1,325,000.00
Closing Date: 5/25/2018
Off Market Date: 9/15/2017
Contract Date: 4/9/2018
Seller Concessions: Yes
Concession Comments: $13,000 seller credit to buyer for repairs.
Total Days on Market:
Cumulative Days on Market: 842
Listing Information
Area: Corolla Oceanside
Mls Status: Closed
Days On Market: 842
Cumulative Days On Market: 842
Listing Price: $1,350,000
Original Listing Price: $1,600,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 5/26/2018
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell
Building Details
Primary Heated Living Area Sq Ft: 3400
Asking Price Per SqFt: $397.00
Heated Living Area Sq Ft: 3400
BedroomsTotal: 6
Bathrooms Full: 4
Bathrooms Partial: 2
Year Built: 1994
Garage: Carport
Architectural Style: Contemporary
Sub Type: Single Family Residence
Appliances: Dryer, Dishwasher, Refrigerator w/Ice Maker, Range/Oven, Washer
Roof: Asphalt
Parking: Off Street, Paved
Foundation: Piling, Slab
Pool: Yes
Pool Type: Private
Pool Features: Concrete, Association, In Ground, Outdoor Pool, Private
Counter Tops: Granite
Cooling: Central Air, Heat Pump
Interior Features: Cathedral Ceiling(s), Pantry, Wet Bar
Heating: Heat Pump
Flooring: Carpet, Tile, Wood
Construction Materials: Frame, Wood Siding
Legal Description
County: Currituck
Subdivision: Pine Island Pud
Deed Book: 1264
Deed Book Page Number: 202
County Pin Number: 127C00000200000
Price Change: 5/25/2018
Road Surface: Paved, Private
Association Amenities: Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground
Lot Details
Total Assessed Value: 1758600
Lot Size Acres: 0.66
Lot Size Dimensions: 90 x 320
Lot Size Square Feet: 28800
Lot Features: Beach Frontage, Cul-De-Sac, Waterfront
Lot Faces: E
Water Frontage: 90
Waterfront: Ocean Front
View: Ocean, Park/Greenbelt
Property Type: Residential
Property Expenses & Utilities
Tax Year: 2015
Annual Property Taxes: $8,600.00
Flood Zone: VE
Water Source: Municipal
Other Yearly Expense: 1315900
Contract Status Change Date: 5/26/2018
Estimated Annual Fee Amt: $2,500.00
Sewer: Shared Septic
Association Fee Yes or No: Yes
Financials
Bank/Institution Owned: No
Exterior: Shakes,Wood
Extras: Beach Access,Boardwalk to Beach,Covered Decks,Fenced Yard,Hot Tub,Sun Deck,Whirlpool/Spa,Dry Entry
Primary Residence: No
Street Frontage : 90
Rental Income
Annual Rental Income: 156831
Rental Performance: 0.1184
Listing Agent Remarks
11% PROVEN ROI! BIG RENTAL MONEY AT CLOSING WITH A SPRING 2018 PURCHASE! PINE ISLAND OCEANFRONT with excellent rental history! Completely furnished, elegantly appointed and walk-in ready with $156,831 in 2016 gross income! NOW BACK TO PET-RENTAL FOR 2018--25 WEEKS BOOKED FOR 2018 with excellent NEW price! Seller is seriously Ready. Willing. Able. Now priced $196,000 below next PI Oceanfront competitor! See February 2017 Appraisal value over $1,500,000! ALL NEW CARPET & WOOD FLOORING and NEW DECK RAILINGS, also NEW mid-level TV/sitting area furnishings! This 6-bedroom stunner with AMAZING OCEAN VIEWS generates consistently great income and guests love Pine Island's community AMENITIES. A vacation guest-pleaser and listed more than $300,000 BELOW County tax assessment. Inviting beautiful TILE foyer/entrance and covered front rocking porch. Ample oceanside covered porches. Huge, private solid-surface POOL with stamped concrete surround. Multiple KING MASTERS. All baths have double vanities, WCs and CUSTOM PAINT finishes. Mid-level sitting area with NEW furnishings and electronics for added comfort. This is a must-see property! NEWER living area window treatments and ice maker at wet bar.
Directions
East on Black Pine, Left on North Cove, Left on Pipsi Point, house on rightOfficial MLS Disclaimer
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