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Listing Details For 541 Porpoise Point in Corolla

Closing Price:
$549,900
541 Porpoise Point, Corolla, NC 27927
4 bd
2 ba
1890 sq ft
MLS #: 96064
Status: Closed

Sold Details

Status: Closed
Sold Price: $495,000.00
Closing Date: 7/31/2018
Contract Date: 6/8/2018
Seller Concessions: No
Total Days on Market:
Cumulative Days on Market: 495

Listing Information

Area: Corolla Oceanside
Mls Status: Closed
Days On Market: 420
Cumulative Days On Market: 495
Listing Price: $549,900
Original Listing Price: $760,000
Possession: Close Of Escrow, Subject To Tenant Rights
Short Sale: No
Price Date: 7/31/2018
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 1890
Asking Price Per SqFt: $291.00
Heated Living Area Sq Ft: 1890
BedroomsTotal: 4
Bathrooms Full: 2
Year Built: 1978
Garage: Carport
Architectural Style: Reverse Floor Plan, Traditional
Sub Type: Single Family Residence
Appliances: Dryer, Dishwasher, Microwave, Refrigerator w/Ice Maker, Range/Oven, Washer
Roof: Asphalt
Parking: Underground, Unpaved
Foundation: Piling
Pool: No
Counter Tops: Laminate
Cooling: Central Air, Heat Pump, Zoned
Heating: Central, Electric, Forced Air, Heat Pump, Zoned
Flooring: Carpet, Vinyl
Construction Materials: Frame, Wood Siding

Legal Description

Section: D
County: Currituck
Subdivision: Ocean Sands
Deed Book: 1200
Deed Book Page Number: 741
County Pin Number: 126A0000214000D
Price Change: 7/30/2018
Road Surface: Paved, Private
Association Amenities: Board Walk, Ocean Access, Outdoor-Comm. Tennis

Lot Details

Total Assessed Value: 866600
Lot Size Acres: 0.12
Lot Size Dimensions: 60 x 85
Lot Size Square Feet: 5100
Lot Features: Beach Frontage, Cul-De-Sac, Waterfront
Lot Faces: W
Water Frontage: 60
Waterfront: Ocean Front
View: Ocean
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2017
Annual Property Taxes: $5,937.00
Home Oner Insurance Expense: 2100
Flood Zone: VE
Flood Insurance Expense: 675
Wind Insurance: 1635
Water Source: Municipal
Yearly Water Expense: 788
Other Yearly Expense: 700000
Yearly Expense: Actual
Yearly Elecric Expense: 1640
Yearly Telephone Expense: 588
Yearly Cable Tv Expense: 1340
Contract Status Change Date: 7/31/2018
Estimated Annual Fee Amt: $480.00
Sewer: Shared Septic
Maintenance Expense: 3000
Association Fee Includes: Management, Road Maintenance, Tennis Courts, Walkways
Other Expenses 2: 375
Association Fee Yes or No: Yes

Financials

Bill Of Sale Amoung: 1
Electroni Locks: Leased
Bank/Institution Owned: No
Exterior: Lap Siding,Wood
Extras: Beach Access,Boardwalk to Beach,Outside Shower,Smoke Detector(s),Storage Shed,Sun Deck
Fuel Tanks: None
HOA Contact Name: Jeanne Marcinko
Primary Residence: No
Street Frontage : 60
HOA Contact Info: 800.422.9112

Rental Income

Annual Rental Income: 32200
Rental Performance: 0.0651

Listing Agent Remarks

You MUST put this home on your list to see! This is the perfect home for that oceanfront getaway of times gone past. The charm will make you feel right at home - this is NOT a rental monster! It is a very rare opportunity to be oceanfront in Corolla at this price point. You could have a rental niche appealing to smaller families that dont want to vacation with 30 people to afford the rent. The home needs updating BUT it does have all new carpet, fresh exterior paint, new bath vanities, some deck boards replaced, and new stainless refrigerator. Enter on the mid-level that offers 3 bedrooms and 1 full bath. The larger bedroom offers a HUGE 2nd Master (no private bath) along with sitting room and wood burning fireplace for cozy evenings (the closet sits directly outside the bedroom door). The center bedroom on this level offers queen sleeping and the far right bedroom has two twin/trundle beds and both rooms are bright and airy. The Hall bath shared by all bedrooms on this level also offers a laundry room tucked away for ease of use. Two owner closets are located on this level for added storage. Up top there are OCEAN VIEWS FOREVER!!! Large open living room with a second fireplace with two sliders off the back of the home that offer dramatic and inviting ocean views. The dining room can be set for 10 so there is plenty of room. The Kitchen is a galley style with a BRAND NEW Stainless SxS Refrigerator. Queen master suite upstairs with sofa sitting area also has two large closets for storage of all kinds - this bathroom offers a tub/shower combo. Large dune behind has been a great protection for the home and is highly vegetated and established. Lower level also offers a deck below for shaded viewing off the bedrooms below. Ocean Sands walkway is attached to this homes walkway and has recently been updated with new stair treads - and no maintenance for you! Outside the front door of the home is an elevated storage room so nothing has gotten wet. The home is less than a block away from the community tennis courts and within walking distance to the grocery store, restaurants, shopping, golf and more. There appears to be room for a 9x16 pool. See associated docs

Directions

From Ocean Trail head east on Marlin Way (Sec D). Go to Porpoise Point on the oceanfront and turn right. Home is on the left.

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 541 Porpoise Point in Corolla is provided courtesy of Outer Banks Blue Realty Srvcs. . 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 541 Porpoise Point in Corolla is no longer available for sale.

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