NOT LISTED FOR SALE

455 Pipsis Point Rd Corolla, NC 27927

Corolla Neighborhood

Estimated Value: $2,712,000 - $3,311,755

7 Beds
5.5 Baths
4,500 Sq Ft
$652/Sq Ft Est. Value

Last Sold July 06, 2021

Last sale price $2,300,000 $511 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $17,900/month

20 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Sauna
  • Community Beach Access
  • In Ground Pool
  • Second Refrigerator

About This Home

As of July 2021

Welcome to Atlantis, an oceanfront get-away located in the exquisite community of Pine Island. Location, location, location – it does not get better than this. Stunning ocean views from 2 levels mean that you can watch the sunrise over the Atlantic from the comfort of your own bed or sit on the deck and watch the dolphins swim by. This home is tucked in the cul-de-sac, away from the traffic. It features open concept living, dining room, kitchen and master bedroom on the top floor. Mid-level has 4 more bedrooms (2 of them are masters) and the ground level has a game room, 2 bedrooms, a sauna, laundry and access to the pool (16x31) and the hot tub. This home has everything you need to create a memorable vacation for your family and your guests. Pine Island borders the Audubon Sanctuary at Pine Island, which features over five-thousand acres of protected marshes and wildlife areas. On the ocean side, there are more than three miles of wide, unspoiled beaches where you can relax, swim, fish and more. Pine Island homes are less densely populated than many communities on the Outer Banks and the less crowded beaches give more space to relax and enjoy. It is the perfect combination of excellent community amenities (including a Beach Club, neighborhood pools, bike paths and first-class Racquet & Fitness Center) and spacious homes in an idyllic setting.

Last Listed By

Anna Hunt

Brindley Beach Vacations & Sales - KH License #231616 Listed on: 04/17/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,696

Year Built

  • Built in 1997

Lot Details

  • Beach Front
  • Property fronts a private road
  • Level Lot

HOA Fees

  • $229 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

  • 4,500 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Game Room
  • Sauna
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Pool

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

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Exterior Lighting

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District Water
  • Community Sewer or Septic

Listing and Financial Details

  • Tax Lot 26

Community Details

Overview

  • Association fees include management, pool, security
  • Diane Watkins Association, Phone Number (252) 261-1200
  • Pine Island Pud Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Beach Access
  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,696

Year Built

Built in 1997

Lot Details

0

HOA Fees

$229 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary, Reverse Floor Plan
  • Directions: Off Ocean Tr going N, turn right onto Black Pine Rd, left onto N Cove Rd, right onto Pipsis Point Rd
  • Extras: Beach Access, Ceiling Fan(s), Covered Decks, Hot Tub, Outside Lighting, Outside Shower, Sauna, Smoke Detector(s), Sun Deck
  • Headline: All About the Views!
  • Heated Sq Ft: 4500
  • L V T Date: 04/17/2021
  • Primary Residence: Yes
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: res
  • Advertised Income 2020: 140110
  • Advertised Income 2021: 150555
  • Deed Book Pg Number: 888
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C14121
  • 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, 2nd Refrigerator
  • Bedrooms: 7
  • Floor Coverings: Carpet, Tile, Vinyl
  • Foundation: Piling
  • Full Bathrooms: 5
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ensuite, Walk in Closet, Washer Connection
  • Optional Rooms: Game Room
  • Partial Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: Carport
  • Parking: Paved

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Management, Pool, Security
  • Association Amenities: Clubhouse, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis
  • Association Fee: Yes
  • Estimated Annual Fee: 2751
  • Hoa Contact: Diane Watkins
  • HOA Contact: 252-261-1200

Lot Info

  • Lot Description: Beach Frontage, Level
  • Lot Faces: .75
  • Lot Number: Lot 26
  • Deed Book: 460

Rental Info

  • Lease Terms: Weekly
  • Rental Co: Brindley Beach Vacations
  • Rental Cottage Name: Atlantis
  • Rental Cottage Number: PI26
  • Rental Phone Number: 252-453-3000
  • Rental Turnover Day: Saturday

Building Info

  • Year Built: 1997

Tax Info

  • Year: 2020
  • Taxes: 10696.48

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2021
Closed on
Jun 28, 2021
Sold by
Stancell Waldschmitt Robert
Bought by
Wilson Josh and Wilson Jazmin
Seller's Agent
Anna Hunt
Brindley Beach Vacations & Sales - KH
Buyer's Agent
Four Seasons Realty
Four Seasons Realty
List Price
$2,399,000
Sold Price
$2,300,000
Premium/Discount to List
-$99,000
-4.13%
Total Days on Market
20
Current Estimated Value
$2,932,939

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$632,939
Avg. Annual Appreciation
7.80%
Original Mortgage
$1,610,000
Outstanding Balance
$1,482,809
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,593,041

Purchase Details

Closed on
Apr 15, 1999
Bought by
Waldschmitt Robert S

Range of Values:

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Average Value
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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
Wilson Josh $11,500,000 Gray & Lloyd Llp
Waldschmitt Robert S $1,237,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilson Josh $1,610,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2021 07/06/21 Sold $2,300,000 -4.1% $511 / Sq Ft
05/07/2021 05/07/21 Pending -- -- --
04/17/2021 04/17/21 For Sale $2,399,000 -- $533 / 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 $15,979 $2,185,800 $1,638,000 $547,800
2023 $15,979 $2,185,800 $1,638,000 $547,800
2022 $11,723 $2,185,800 $1,638,000 $547,800
2021 $11,722 $1,938,000 $1,407,700 $530,300
2020 $10,696 $1,938,000 $1,407,700 $530,300
2019 $10,682 $1,938,000 $1,407,700 $530,300
2018 $10,682 $1,938,000 $1,407,700 $530,300
2017 $9,692 $1,938,000 $1,407,700 $530,300
2016 $9,692 $1,938,000 $1,407,700 $530,300
2015 $9,692 $1,938,000 $1,407,700 $530,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 113933

Outer Banks Association of REALTORS®

APN: 127C-000-0026-0000