NOT LISTED FOR SALE

453 Pipsis Point Rd Corolla, NC 27927

Corolla Neighborhood

Estimated Value: $2,914,000 - $3,721,496

6 Beds
8 Baths
5,701 Sq Ft
$594/Sq Ft Est. Value

Last Sold January 26, 2022

Last sale price $3,150,000 $553 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $20,463/month

193 Days on Market

Highlights

  • Beach Front
  • Home Theater
  • Second Refrigerator
  • Ocean View
  • Gunite Pool
  • Coastal Architecture

About This Home

As of January 2022

This is one Pine Island home you do not want to miss. Check out the ocean views from the mid-level Foyer! Located on a high elevation 100’ wide oceanfront homesite “Felicity” showcases panoramic ocean views from its grand entrance on the mid-level and throughout. The integrity of design the quality of materials and craftmanship in this home are spectacular. This incredible home is a meticulously maintained 6 bedrooms, 6 baths with 2 half baths with over 5,700 square feet of living area. The ocean views from the second and third floors are breathtaking due to the extra fill brought in before the home was built. The 3rd floor has an open kitchen, dining and living room, powder room and master bedroom. The fully equipped kitchen features a Viking professional dual fuel range with 6 burners, self-cleaning double ovens, Sub Zero refrigerator, 2 dishwashers, wine cooler, ice maker, granite counters and maple custom cabinets. The living room offers breathtaking views, a gas fireplace with limestone surround and hearth plus the North wall is Pennsylvania mountain stone. The master bedroom has a private deck and incredible ocean views. There's also a gas fireplace with a tumbled marble surround and hearth. The master bath features tumbled marble throughout, a large shower with dual shower heads double sinks and a whirlpool tub. The second floor has 3 bedrooms all have deck access, a media room with an HD 7.1 surround sound theater with custom cabinetry and black out shades for daytime viewing. An office with granite desk and relaxing ocean views and a half bath. The ground level features a game room with pool table, kitchenette and full bathroom. There is also a laundry room, 2 bedrooms and a full bathroom. The home is equipped with Control 4 home automation - you can control the audio, video, lighting, temperature and pool/spa from your home computer. The entire home has a professional lighting design that utilizes LiteTouch low voltage programmable lighting system. There is a 75-gallon hot water heater and 75-gallon storage tank with a continuous circulation loop to all faucets for instant hot water. Other features include: 6 zone irrigation, home security system, 5 New 2021 heat pumps custom faux painting throughout the home, brand New 2021 Anderson triple laminated glass windows and doors, red oak doors, trim, baseboards and floors and a 36 x 16 concrete heated pool with 3d tile work. PLEASE CHECK THE LIST UPDATES IN THE ASSOCIATED DOCS! This home is not to be missed!

Last Listed By

Barry Breit

Carolina Designs Realty License #187143 Listed on: 05/11/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,721

Year Built

  • Built in 2000

Lot Details

  • Beach Front
  • Landscaped
  • Sprinkler System

HOA Fees

  • $202 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Reverse Style Home
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Shake Siding

Interior Spaces

  • 5,701 Sq Ft Home
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Home Theater
  • Game Room
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Second Refrigerator
  • Ice Maker
  • Second Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Carport

Pool

  • Gunite Pool
  • Outdoor Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District for Water and Sewer

Listing and Financial Details

  • Tax Lot lot 27

Community Details

Overview

  • Association fees include grounds maintenance, management, pool, tennis courts
  • Seaside Management Association, Phone Number (252) 261-1200
  • Pine Island Pud Subdivision

Recreation

  • Community Boardwalk
  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,721

Year Built

Built in 2000

Lot Details

0

HOA Fees

$202 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Covered Decks, Hot Tub, Jet Tub, Landscaped, Lawn Sprinklers, Outside Lighting, Outside Shower, Smoke Detector(s), Sun Deck
  • Headline: Oceanfront Estate Views Galore
  • Heated Sq Ft: 5701
  • L V T Date: 05/11/2021
  • Sale/Rent: For Sale
  • Section: c
  • Waterfront Location: Oceanfront
  • Zoning: res
  • Advertised Income 2020: 179205
  • Advertised Income 2021: 176180
  • Advertised Income 2022: 165525
  • Deed Book Pg Number: 355
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C6124
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Ice Machine, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer, 2nd Dishwasher, 2nd Refrigerator
  • Bedrooms: 6
  • Countertops: Granite
  • Floor Coverings: Carpet, Ceramic Tile, Marble, Hardwood
  • Foundation: Slab
  • Full Bathrooms: 6
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, All Window Treatments, Cathedral Ceiling(s), Gas Fireplace, Ensuite, Wet Bar
  • Optional Rooms: Game Room, Office, Media Room
  • Partial Bathrooms: 2

Exterior Features

  • Construction: Frame
  • Exterior: Shakes
  • Pool: Yes
  • Pool: Private and Association
  • Pool Type: Outdoor, Gunite, Heated, Private Pool, Association Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Garage: 2 Car

Utilities

  • Cooling: Central, Heat Pump
  • Heating: Central, Heat Pump
  • Sewer/Septic System: Municipal Sewer
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Grounds Maintenance, Management, Pool, Tennis Courts
  • Association Amenities: Outdoor-Comm. Pool, Outdoor-Comm. Tennis
  • Association Fee: Yes
  • Estimated Annual Fee: 2425
  • Hoa Contact: Seaside Management
  • HOA Contact: 252-261-1200

Lot Info

  • Lot Description: Beach Frontage
  • Lot Number: lot 27
  • Deed Book: 1285

Rental Info

  • Est Annual Rental Income: 176180
  • Estimated Rental Performance: 0.0559
  • Lease Terms: Weekly
  • Rental Co: Twiddy and Company
  • Rental Cottage Name: Felicity
  • Rental Cottage Number: E027
  • Rental Phone Number: 252-457-1100
  • Rental Turnover Day: Sun

Building Info

  • Year Built: 2000

Tax Info

  • Year: 2020
  • Taxes: 11721

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2021
Closed on
Jan 26, 2022
Sold by
Wls Beach Llc
Bought by
Oreilly Timothy P and Woody Kristin K
Seller's Agent
Barry Breit
Carolina Designs Realty
Buyer's Agent
Chandler Spawr
Coastal Property Partners
List Price
$3,499,000
Sold Price
$3,150,000
Premium/Discount to List
-$349,000
-9.97%
Total Days on Market
193
Current Estimated Value
$3,385,832

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$235,832
Avg. Annual Appreciation
3.74%
Original Mortgage
$2,520,000
Outstanding Balance
$2,362,385
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$1,194,128

Purchase Details

Listed on
Oct 7, 2012
Closed on
Nov 29, 2012
Sold by
Mann Kevin James and Mann Sheree Lynn
Bought by
Wls Beach Llc
Seller's Agent
Beth Dobney Garcia
Coldwell Banker Seaside Realty KH
Buyer's Agent
Thomas Daniels
Brindley Beach Vacations & Sales-Duck
List Price
$2,595,000
Sold Price
$2,500,000
Premium/Discount to List
-$95,000
-3.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.56%

Range of Values:

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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
Oreilly Timothy P $15,750,000 Sharp Starkey
Wls Beach Llc $2,500,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oreilly Timothy P $2,520,000
Previous Owner Mann Kevin J $975,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2022 01/26/22 Sold $3,150,000 -10.0% $553 / Sq Ft
11/20/2021 11/20/21 Pending -- -- --
05/11/2021 05/11/21 For Sale $3,499,000 +40.0% $614 / Sq Ft
11/29/2012 11/29/12 Sold $2,500,000 -3.7% $452 / Sq Ft
10/15/2012 10/15/12 Pending -- -- --
10/07/2012 10/07/12 For Sale $2,595,000 -- $469 / 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 $16,790 $2,292,700 $1,582,000 $710,700
2023 $16,790 $2,292,700 $1,582,000 $710,700
2022 $12,328 $2,292,700 $1,582,000 $710,700
2021 $12,173 $2,011,500 $1,359,500 $652,000
2020 $11,121 $2,011,500 $1,359,500 $652,000
2019 $11,104 $2,011,500 $1,359,500 $652,000
2018 $11,104 $2,011,500 $1,359,500 $652,000
2017 $10,077 $2,011,500 $1,359,500 $652,000
2016 $10,062 $2,011,500 $1,359,500 $652,000
2015 $10,077 $2,011,500 $1,359,500 $652,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 114321

Outer Banks Association of REALTORS®

APN: 127C-000-0027-0000