NOT LISTED FOR SALE

452 Pipsis Point Rd Corolla, NC 27927

Corolla Neighborhood

Estimated Value: $1,640,000 - $1,816,000

7 Beds
5.5 Baths
3,250 Sq Ft
$527/Sq Ft Est. Value

Last Sold October 15, 2020

Last sale price $1,113,000 $342 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $10,002/month

17 Days on Market

Highlights

  • Community Beach Access
  • In Ground Pool
  • Cathedral Ceiling
  • Ocean Front
  • Contemporary Architecture
  • Furnished

About This Home

As of October 2020

Located in the prestigious Pine Island community, Breezy Point is a semi-oceanfront 7 bedroom home at the end of a quiet cul-de-sac and offers direct beach access from its pool area by way of the community walkway along the south side of the property, Not only does the walkway provide access to beach and dunetop deck without having to cross a street, it also provides access to the Northern Pine Island community amenities(pool, tennis court, volleyball courts and children’s playground) which are just steps away from this home. The lower level of the home consists of a game room and 2 bedrooms all with vinyl plank flooring and a full bath with a ceramic tile. The game room area has T&G cypress wainscot,a wet bar with a mini-fridge and ceiling fan. There is a stairway to a mid-level entry foyer than to the 2nd floor. There is a laundry closet off the 2nd floor hallway. The stairways, 2nd floor hallway and great room all have T&G cypress wainscot. The 2nd floor has 2 master suites, one with access to a private deck and master bath with a soaking tub, the other has a private bath and access to the 2nd floor wrap around deck. There are two additional bedrooms that share a jack & Jill bath and both have access to the wrap around deck. The 2nd and 3rd floors have hardwood oak flooring with the exception of the baths and kitchen which have ceramic tile. The bright and airy great room offers ocean views, has cathedral ceilings with a ceiling fan, recessed lighting and access to the 3rd floor wrap around deck. The kitchen has oak cabinets with Corian countertops, a wine cooler and a walk-in pantry. The home has a large pool area with lots of lounging area around the 16’x32’ vinyl lined pool, nearby hot tub and pergola. The yard is landscaped and has ann irrigation system.

Last Agent to Sell the Property

Robert Ladd

Twiddy and Co. - Duck License #64016 Listed on: 08/07/2020

Last Buyer's Agent

Ronald Ryan

Keller Williams - Outer Banks License #153518

Keller Williams - Outer Banks

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,284

Year Built

  • Built in 1999

Lot Details

  • 0.42 Acre Lot
  • Ocean Front
  • Cul-De-Sac
  • Landscaped

HOA Fees

  • $286 Monthly HOA Fees

Parking

  • Paved Parking

Home Design

  • Contemporary Architecture
  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 3,250 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • Living Room
  • Dining Room
  • Game Room
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Corian Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Outdoor Pool
  • Vinyl Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Exterior Lighting

Utilities

  • Heat Pump System
  • Municipal Utilities District Water
  • Private Sewer

Listing and Financial Details

  • Tax Lot 29

Community Details

Overview

  • Association fees include common insurance, management, pool, security, tennis courts, walkways
  • Seaside Management252 261 1200 Association, Phone Number (252) 261-1200
  • Pine Island Pud Subdivision

Recreation

  • Community Boardwalk
  • Community Beach Access
  • Tennis Courts
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,284

Year Built

Built in 1999

Lot Details

0

HOA Fees

$286 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary, Reverse Floor Plan
  • Directions: NC 12 to Black Pine Road. Left on North Cove Road. Right on Pipsi's Point Road house is on the end of the cul-de-sac.
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Covered Decks, Hot Tub, Landscaped, Outside Lighting, Outside Shower, Smoke Detector(s), Sun Deck
  • Flood Zone: X
  • Headline: Pine Island Semi-Oceanfront
  • Heated Sq Ft: 3250
  • L V T Date: 08/09/2020
  • Phase: 1
  • Roads: Paved
  • Sale/Rent: For Sale
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: Res
  • Advertised Income 2020: 107470
  • Deed Book Pg Number: 258
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C4556
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 7
  • Bedroom 1: On Level: 3
  • Bedroom 2: On Level: 2
  • Bedroom 3: On Level: 2
  • Bedroom 4: On Level: 2
  • Bedroom 5: On Level: 2
  • Bedroom 6: On Level: Ground
  • Bedroom 7: On Level: Ground
  • Kitchen: On Level: 3
  • Countertops: Corian
  • Floor Coverings: Carpet, Tile
  • Foundation: Piling
  • Full Bathrooms: 5
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Ensuite, Pantry
  • Dining Room: On Level: 3
  • Game Room: On Level: Ground
  • Living Room: On Level: 3
  • Optional Rooms: Game Room
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Shakes, Wood
  • Pool: Yes
  • Pool: Private and Association
  • Pool Type: Outdoor, In Ground, Vinyl, Private Pool, Association Pool
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 35
  • View: Ocean

Garage/Parking

  • Garage: Carport
  • Parking: Paved

Utilities

  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Septic Fee: 764
  • Sewer/Septic System: Private Sewer
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Common Insurance, Management, Pool, Security, Tennis Courts, Walkways
  • Association Amenities: Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground
  • Association Fee: Yes
  • Estimated Annual Fee: 3437
  • Hoa Contact: Seaside Management252-261-1200
  • HOA Contact: Kelly Shields252-261-1200
  • Home Owner Dwelling Insurance: 1613

Lot Info

  • Estimated Lot Sq Ft: 18387
  • Lot Description: Cul-de-sac
  • Lot Number: Lot 29
  • Estimated Lot Size: 0.42
  • Deed Book: 1307

Rental Info

  • Est Annual Rental Income: 113080
  • Estimated Rental Performance: 0.1016
  • Lease Terms: Weekly
  • Rental Co: Twiddy and Company
  • Rental Cottage Name: Breezy Point
  • Rental Cottage Number: E029
  • Rental Phone Number: 252-457-1100
  • Rental Turnover Day: Sat
  • Annual Cable TV Expense: 1378
  • Annual Electric: 3379
  • Annual Water Expense: 602
  • Rental Contact Email: jkavanaugh@twiddy.com
  • Rental Contact Name: Jen Kavanaugh
  • Rental Contact Phone: 252-457-1169

Building Info

  • Year Built: 1999

Tax Info

  • Year: 2019
  • Taxes: 5284.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2020
Closed on
Oct 12, 2020
Sold by
Breault Ronald C and Breault Kristena
Bought by
Pine Island Property Group Llc
Seller's Agent
Robert Ladd
Twiddy and Co. - Duck
Buyer's Agent
Ronald Ryan
Keller Williams - Outer Banks
List Price
$1,125,000
Sold Price
$1,113,000
Premium/Discount to List
-$12,000
-1.07%
Current Estimated Value
$1,711,157

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$598,157
Avg. Annual Appreciation
9.61%

Purchase Details

Listed on
Feb 26, 2014
Closed on
Oct 14, 2014
Sold by
The Oshaughnessy Family Limited Partners
Bought by
Breault Ronald C and Breault Kristen A
Seller's Agent
Martha Springer
Twiddy and Company - Corolla
Buyer's Agent
Ralph Hodges
Default, Office
List Price
$1,099,000
Sold Price
$950,000
Premium/Discount to List
-$149,000
-13.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.71%
Original Mortgage
$630,000
Interest Rate
4.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 11, 2007
Sold by
Oshaughnessy Kevin P and Oshaughnessy Daniel C
Bought by
Oshaughnessy Family Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,050,000
Interest Rate
6.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 10, 2007
Sold by
The O Shaughnessy Fannly Limited Partner
Bought by
Shaughnessy Kevin P O and Shaughnessy Daniel C O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,050,000
Interest Rate
6.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Pine Island Property Group Llc $1,113,000 None Available
Breault Ronald C $950,000 Attorney
Oshaughnessy Family Lp -- None Available
Shaughnessy Kevin P O -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Breault Ronald C $630,000
Previous Owner Shaughnessy Kevin P O $1,050,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2020 10/15/20 Sold $1,113,000 -1.1% $342 / Sq Ft
08/24/2020 08/24/20 Pending -- -- --
08/07/2020 08/07/20 For Sale $1,125,000 +18.4% $346 / Sq Ft
11/10/2014 11/10/14 Sold $950,000 -13.6% $292 / Sq Ft
09/24/2014 09/24/14 Pending -- -- --
02/26/2014 02/26/14 For Sale $1,099,000 -- $338 / Sq Ft
Source: Outer Banks Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $7,725 $1,014,400 $605,000 $409,400
2023 $6,880 $1,014,400 $605,000 $409,400
2022 $5,724 $1,014,400 $605,000 $409,400
2021 $5,709 $925,400 $550,000 $375,400
2020 $5,274 $925,400 $550,000 $375,400
2019 $5,274 $925,400 $550,000 $375,400
2018 $5,274 $925,400 $550,000 $375,400
2017 $4,791 $925,400 $550,000 $375,400
2016 $4,694 $906,300 $550,000 $356,300
2015 $4,686 $906,300 $550,000 $356,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 110494

Outer Banks Association of REALTORS®

APN: 127C-000-0029-0000