Listing Details For 277 Whites Point in Corolla
1/43
Closing Price:
$4,100,000
$4,100,000
277 Whites Point,
Corolla, NC 27927
10 bd
10 ba
5680 sq ft
MLS #: 118706
Status: Closed
Sold Details
Status: Closed
Sold Price: $3,900,000.00
Closing Date: 9/27/2022
Contract Date: 8/28/2022
Seller Concessions: Yes
Concession Comments: $10,000 repair credit
Total Days on Market:
Cumulative Days on Market: 117
Due Diligence Date: 9/22/2022
Listing Information
Area: Corolla Oceanside
Mls Status: Closed
Days On Market: 117
Cumulative Days On Market: 117
Listing Price: $4,100,000
Original Listing Price: $4,100,000
Possession: Close Of Escrow, Subject To Tenant Rights
Short Sale: No
Price Date: 9/27/2022
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell
Building Details
Primary Heated Living Area Sq Ft: 5680
Asking Price Per SqFt: $722.00
Heated Living Area Sq Ft: 5680
BedroomsTotal: 10
Bathrooms Full: 10
Bathrooms Partial: 1
Year Built: 1996
Architectural Style: Reverse Floor Plan, Coastal
Sub Type: Single Family Residence
Appliances: 2nd Dishwasher, 2nd Refrigerator, Countertop Range, Disposal, Dryer, Dishwasher, Ice Maker, Microwave, Refrigerator w/Ice Maker, Washer, Wine Cooler, Wall Oven
Roof: Asphalt
Parking: Paved, Reserved, Underground
Foundation: Piling
Pool: Yes
Pool Type: Private and Association
Pool Features: Association, Fiberglass, In Ground, Outdoor Pool, Private
Builder Name: Olin Finch
Counter Tops: Granite
Cooling: Heat Pump, Multi Units, Zoned
Interior Features: Cathedral Ceiling(s), Cedar Closet(s), Wet Bar
Heating: Heat Pump, Zoned
Room Type: Foyer, Game Room
Flooring: Carpet, Hardwood, Tile, Laminate
Construction Materials: Frame, Wood Siding
Legal Description
County: Currituck
Subdivision: Pine Island Pud
Subdivision Name: Pine Island and Improvements
Deed Book: 1467
Deed Book Page Number: 222
County Pin Number: 127C00001810000
Price Change: 9/26/2022
Road Surface: Paved, Private
Association Amenities: Board Walk, Common Area, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground
Lot Details
Lot Size Acres: 0.58
Lot Size Square Feet: 25100
Lot Features: Beach Frontage, Cul-De-Sac, Level, Waterfront
Lot Faces: W
Waterfront: Ocean Front
View: Ocean
Property Type: Residential
Property Expenses & Utilities
Tax Year: 2021
Annual Property Taxes: $11,555.00
Home Oner Insurance Expense: 1000
Flood Insurance Expense: 850
Wind Insurance: 7000
Water Source: Municipal
Yearly Water Expense: 1000
Pool Or Spa Expense: 2900
Yearly Expense: Actual
Yearly Elecric Expense: 5500
Yearly Telephone Expense: 600
Yearly Cable Tv Expense: 2220
Contract Status Change Date: 9/27/2022
Estimated Annual Fee Amt: $3,000.00
Sewer: Shared Septic
Association Fee Includes: Management, Pool, Road Maintenance, Walkways
Association Fee Yes or No: Yes
Financials
Bill Of Sale Amoung: 1
Bank/Institution Owned: No
Exterior: Shakes,Wood
Extras: Beach Access,Boardwalk to Beach,Ceiling Fan(s),Covered Decks,Elevator,Fenced Yard,Handicap Friendly,Hot Tub,Jet Tub,Landscaped,Outside Lighting,Outside Shower,Smoke Detector(s),Sun Deck,Dry Entry,Inside Laundry Room
HOA Contact Name: Seaside Management
Primary Residence: No
HOA Contact Info: 252-261-1200
Rental Income
Annual Rental Income: 361295
Rental Performance: 0.0926
Owner Renatl Income 2022 Amount: 284359
Avertised Income 2021 Amount: 298025
Listing Agent Remarks
Beautifully renovated by Olin Finch over the past 2 years! This home underwent a complete transformation with the addition of 5 bedrooms and 6 new bathrooms, new pool and hot tub, rebuilt elevator, new light fixtures, professionally decorated, updated bathrooms, new floors, interior and exterior paint, brand new kitchen and appliances, new exterior siding and paint, oceaside decks, 4 new ocean facing sliders, new hot water heaters, new HVAC units, vinyl handrails and more! The dramatic foyer lends itself nicely to the large, open great room with panoramic ocean views. This home features 10 master suites, 2 are located on the top level. 5 of the ensuites are ocean facing and have their own deck balcony access. Beautiful hard wood floors, thoughtfully decorated, and extensive sun decks over look the new pool area and private walkway to the beach. Multiple living areas to accommodate large groups. New game room on the ground level is just steps away from the pool and beach access. Fantastic rental income opportunity! All 4 HVAC units have been recently replaced. Current rental numbers do not reflect a full year of availability, 2020 rental numbers are as an 8 bedroom home. 2 ensuites were added in the winter/spring of 2021. Homeowner blocks home and only rents from May through September. Ask for a full years rental projection.
Directions
North on Ocean Boulevard, right on Pine Point, left on Longfellow Cove, right on White's Point.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 277 Whites Point in Corolla is provided
courtesy of Brindley Beach Vacations & Sales-Duck C: 252-202-6165. 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 277 Whites Point in Corolla is no longer available for sale.
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