NOT LISTED FOR SALE

457 Pipsis Point Rd Corolla, NC 27927

Estimated Value: $2,687,000 - $3,315,000

7 Beds
5.5 Baths
4,226 Sq Ft
$735/Sq Ft Est. Value

Last Sold March 22, 2021

Last sale price $2,162,500 $512 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $17,762/month

10 Days on Market

Highlights

  • Beach Front
  • In Ground Pool
  • Second Refrigerator
  • Ocean View
  • 0.86 Acre Lot
  • Coastal Architecture

About This Home

As of March 2021

Welcome to "Second Wind”--a FANTASTIC Oceanfront home nestled on a large lot within Pine Island, one of the Outer Banks' most prestigious communities. This home’s exceptional interior features top level great and dining rooms boasting cathedral ceilings combined with floor-to-ceiling windows for breathtaking views of the Atlantic Ocean. A Ships Watch, multi-level decks and five of the seven bedrooms share these amazing views. A large outdoor entertainment area is easily accessible from every level and features an in-ground pool, hot tub, an extensive entertaining/grilling area with direct access to the beach via a private walkway. The oceanfront crow's nest is a perfect place for relaxing while taking in the sounds and unobstructed views of the ocean. Seller has made numerous improvements to include Trex decking and rail system on all multi-level decks, in the pool/entertainment area and on the wrap-around benches. Other improvements include Andersen windows and new HVAC systems on L2 & L3. A complete list of all improvements is available upon request. Located on a quiet Cul-de-sac, this home is only a few minutes stroll to the community tennis and basketball courts via quaint interconnecting community pathways.

Last Agent to Sell the Property

Mirjam Davis

Howard Hanna William E. Wood - Currituck License #263625 Listed on: 01/16/2021

Howard Hanna William E. Wood - Currituck

Last Buyer's Agent

Heather McLay

Landmark Sotheby's Internation License #188982

Landmark Sotheby's Internation

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,761

Year Built

  • Built in 1993

Lot Details

  • 0.86 Acre Lot
  • Beach Front
  • Cul-De-Sac
  • Landscaped

HOA Fees

  • $250 Monthly HOA Fees

Home Design

  • Coastal Architecture

Interior Spaces

  • 4,226 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Ocean Views
  • Stacked Washer and Dryer

Kitchen

  • Built-In Oven
  • Microwave
  • Second Refrigerator
  • Second Dishwasher
  • Wine Cooler

Flooring

  • Wood
  • Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom

Home Security

  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector

Parking

  • Garage
  • Carport
  • Tuck Under Parking

Pool

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

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Patio

Utilities

  • Heat Pump System
  • Municipal Utilities District Water
  • Community Sewer or Septic

Listing and Financial Details

  • Tax Lot 25

Community Details

Overview

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

Recreation

  • Community Boardwalk
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,761

Year Built

Built in 1993

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Coastal
  • Directions: North on Route 12, right onto Black Pine Rd, left onto North Cove Rd, right onto Pipsis Point Rd to house on the left.
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Covered Decks, Hot Tub, Landscaped, Outside Shower, Patio, Smoke Detector(s), Storm Doors, Storm Windows, Sun Deck
  • Headline: Amazing Oceanfront
  • Heated Sq Ft: 4226
  • L V T Date: 01/17/2021
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: RES
  • Deed Book Pg Number: 757
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C25588
  • 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, Refrigerator, Wall Oven, Washer, 2nd Dishwasher, 2nd Refrigerator, Stackable Washer/Dryer, Wine Cooler
  • 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: 1
  • Kitchen: On Level: 3
  • Floor Coverings: Carpet, Tile, Wood, Marble
  • Full Bathrooms: 5
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Gas Fireplace, Ensuite, Pantry
  • Dining Room: On Level: 3
  • Living Room: On Level: 3
  • Optional Rooms: Foyer, Pantry, Shipswatch
  • Partial Bathrooms: 1
  • Optional Room 1: On Level: 1

Exterior Features

  • Pool: Yes
  • Pool: Private and Association
  • Pool Type: In Ground, Private Pool, Association Pool
  • View: Ocean

Garage/Parking

  • Garage: 1 Car, Attached
  • Parking: Paved, Under

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Management, Pool, Tennis Courts, Walkways
  • Association Fee: Yes
  • Estimated Annual Fee: 3000
  • Hoa Contact: Seaside Mgmt
  • HOA Contact: 252-261-1200

Lot Info

  • Estimated Lot Sq Ft: 37461
  • Lot Description: Beach Frontage, Cul-de-sac, Water Frontage
  • Lot Number: Lot25
  • Estimated Lot Size: 0.86
  • Deed Book: 1376

Rental Info

  • Rental Co: Twiddy and Company
  • Rental Cottage Name: Second Wind
  • Rental Cottage Number: E025
  • Rental Phone Number: 252-457-1169
  • Rental Turnover Day: Saturday

Building Info

  • Year Built: 1993

Tax Info

  • Year: 2020
  • Taxes: 9761.3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2021
Closed on
Mar 9, 2021
Sold by
Beach Cliff East Llc
Bought by
Volynsky Anna
Seller's Agent
Mirjam Davis
Howard Hanna William E. Wood - Currituck
Buyer's Agent
Heather McLay
Landmark Sotheby's Internation
List Price
$2,175,000
Sold Price
$2,162,500
Premium/Discount to List
-$12,500
-0.57%
Current Estimated Value
$3,106,858

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$944,358
Avg. Annual Appreciation
7.93%
Original Mortgage
$1,621,875
Outstanding Balance
$1,447,274
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$1,659,584

Purchase Details

Closed on
Aug 22, 2016
Sold by
Turk Raymond L and Turk Kathy J
Bought by
Beach Cliff East Llc

Purchase Details

Listed on
Feb 22, 2015
Closed on
May 18, 2015
Sold by
The Oshaughnessy Family Limited Partners
Bought by
Turk Raymond L and Turk Kathy J
Seller's Agent
Martha Springer
Twiddy and Company - Corolla
Buyer's Agent
Mirjam Davis
Howard Hanna William E. Wood - Currituck
List Price
$1,849,000
Sold Price
$1,750,000
Premium/Discount to List
-$99,000
-5.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.58%
Original Mortgage
$1,312,500
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 8, 2013
Sold by
Shaughnessy Kevin P O and Shaughnessy Daniel L O
Bought by
The O Shaughnessy Family Limited Partner
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Volynsky Anna $2,162,500 None Available
Beach Cliff East Llc -- Attorney
Turk Raymond L $1,750,000 Attorney
The O Shaughnessy Family Limited Partner -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Volynsky Anna $1,621,875
Previous Owner Turk Raymond L $1,312,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/22/2021 03/22/21 Sold $2,162,500 -0.6% $512 / Sq Ft
01/26/2021 01/26/21 Pending -- -- --
01/16/2021 01/16/21 For Sale $2,175,000 +24.3% $515 / Sq Ft
05/29/2015 05/29/15 Sold $1,750,000 -5.4% $393 / Sq Ft View Prior Sale
04/21/2015 04/21/15 Pending -- -- --
02/22/2015 02/22/15 For Sale $1,849,000 -- $416 / 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
2025 $14,811 $2,029,900 $1,722,000 $307,900
2024 $14,811 $2,029,900 $1,722,000 $307,900
2023 $14,795 $2,029,900 $1,722,000 $307,900
2022 $10,875 $2,029,900 $1,722,000 $307,900
2021 $10,852 $1,776,000 $1,479,800 $296,200
2020 $9,761 $1,776,000 $1,479,800 $296,200
2019 $9,761 $1,776,000 $1,479,800 $296,200
2018 $9,761 $1,776,000 $1,479,800 $296,200
2017 $8,846 $1,776,000 $1,479,800 $296,200
2016 $8,846 $1,776,000 $1,479,800 $296,200
2015 $8,893 $1,926,100 $1,479,800 $446,300
Source: Public Records

Agents Affiliated with this Home

  • Mirjam Davis

    Seller's Agent in 2021

    Mirjam Davis

    Howard Hanna William E. Wood - Currituck

    (252) 421-3210

    4 in this area

    72 Total Sales

    Mirjam Davis
    Section Image
  • Heather McLay

    Buyer's Agent in 2021

    Heather McLay

    Landmark Sotheby's Internation

    (252) 202-3409

    60 in this area

    150 Total Sales

    Heather McLay
    Section Image
  • Martha Springer

    Seller's Agent in 2015

    Martha Springer

    Twiddy and Company - Corolla

    (252) 982-6045

    80 in this area

    109 Total Sales

    Martha Springer
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 112487

Outer Banks Association of REALTORS®

APN: 127C-000-0025-0000

North Carolina Currituck County Corolla 27927

457 Pipsis Point Rd, Corolla, NC

Not Listed for Sale

Detached

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