$892,000
SOLD SEP 20, 2017

464 Pipsis Point Rd Corolla, NC 27927

Corolla Neighborhood
5 Beds
4.5 Baths
3,302 Sq Ft
0.47 Acres

Recently Sold

$270 Per Sq Ft

11% Below List Price

563 Days on Market

Highlights

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

About This Home

As of November 2020

Tired of seeing outdated homes in the most prestigious neighborhood on the Outer Banks? Check out this fresh, updated, and appropriately sized semi-oceanfront home on corner in exclusive Pine Island! PRELIMINARY FLOOD MAPS SHOW HOME GOING INTO PREFERRED X FLOOD ZONE! NO WATER IN HOME OR YARD FROM HURRICANE MATTHEW unlike many other locations! This spacious 5 bedroom, 4.5 bath home has numerous updates including a renovated kitchen with new cabinets, appliances, wine cooler and granite counter tops, freshly painted throughout, and new gorgeous hardwood floors on upper level! All bathrooms have new faucets and both master baths have new faucets, tubs, and showers! The upper level features a ton of windows, cathedral ceilings, a gas fireplace, dining area, kitchen, half bath, and wrap around sun deck. The upper and lower level master bedrooms extend from the front to the back of the house and feature balconies and bathrooms with jetted tubs, separate showers, and double sinks. The mid level features a grand entrance with the mid level master suite to the right and two spacious bedrooms to the left, both with deck access to the shared large covered wrap around deck with hot tub. The lower level features a master bedroom with access out to the ground level. The private pool is accessible by going through the ground level gate, increasing both security and safety for renters and guests! There are two beach accesses close by across the street. The community pool, tennis courts, playground and basketball courts are very close by! LIST OF IMPROVEMENTS: 2012 installed new roof and drip edge using Owens Corning 50 year architecture shingle, house professionally painted both outside and inside. 2013 75% of the furnishings were purchased from Outer banks furniture, updated all bathrooms with new tubs, showers, sinks, toilets, faucets, and lighting, all windows and sliders professionally inspected and fixed, cleared lot and professionally landscaped, replaced all lighting fixtures, pressure washed and stained all decking. 2014 installed custom blinds in every bedroom/bathroom including kitchen, dining and family room, installed 1500 sq foot of pressure treated decking for outdoor storage space, installed new pool pump and hot tub pump, new Stainless "No Smudge" kitchen stove, microwave, refrigerator, wine cooler and dishwasher, new kitchen "self closing" cabinet installed with large island, installed granite counter surface, new hardwood flooring installed throughout the house.

Last Agent to Sell the Property

Catherine Strachan

Brindley Beach Vacations & Sales-Duck License #246162 Listed on: 01/04/2016

Last Buyer's Agent

Trisha Midgett

Midgett Realty - Rodanthe License #162204

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,384

Year Built

  • Built in 1994

Lot Details

  • 0.47 Acre Lot
  • Ocean Front
  • Property fronts a private road
  • Cul-De-Sac
  • Landscaped
  • Corner Lot

HOA Fees

  • $208 Monthly HOA Fees

Property Views

  • Ocean
  • Park or Greenbelt

Home Design

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

Interior Spaces

  • 3,302 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

  • Tuck Under Parking
  • Paved Parking
  • Off-Street Parking

Pool

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

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Storage Shed

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 35

Community Details

Overview

  • Association fees include common electric, common insurance, grounds maintenance, management, pool, road maintenance, security, tennis courts, walkways
  • Seaside Management Association
  • Built by BD&A
  • Pine Island Pud Subdivision

Amenities

  • Common Area

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,384

Year Built

Built in 1994

Lot Details

0

HOA Fees

$208 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary, Reverse Floor Plan
  • Directions: E on Black Pine, Left on N Cove, Right on Pipsi Pt, home on corner.
  • Extras: Ceiling Fan(s), Covered Decks, Hot Tub, Jet Tub, Landscaped, Outside Shower, Smoke Detector(s), Storage Shed, Sun Deck
  • Flood Zone: AE
  • Subdivision Name: Pine Island PUD
  • Headline: Semi-Oceanfront on corner!
  • Heated Sq Ft: 3302
  • L V T Date: 01/04/2016
  • Phase: 1
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: Res
  • Deed Book Pg Number: 299
  • Office License Number: C22228
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer, Wine Cooler
  • Bedrooms: 5
  • Countertops: Granite
  • Floor Coverings: Carpet, Tile, Hardwood
  • Foundation: Piling
  • Full Bathrooms: 4
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ensuite, Washer Connection
  • Partial Bathrooms: 1

Exterior Features

  • Homebuilder: BD&A
  • Construction: Frame
  • Exterior: Shakes, Wood
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean, Park Serv/Preserve

Garage/Parking

  • Garage: Carport
  • Parking: Paved, Off Street, Under

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Common Electric, Common Insurance, Grounds Maintenance, Management, Pool, Road Maintenance, Security, Tennis Courts, Walkways
  • Association Amenities: Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 2495
  • Hoa Contact: Seaside Management

Lot Info

  • Estimated Lot Sq Ft: 20490
  • Lot Description: Corner, Cul-de-sac
  • Lot Faces: E
  • Lot Number: Lot 35
  • Deed Book: 1192

Rental Info

  • Est Annual Rental Income: 85500
  • Estimated Rental Performance: 0.0959

Building Info

  • Year Built: 1994

Tax Info

  • Year: 2015
  • Taxes: 4384

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2020
Closed on
Nov 1, 2020
Sold by
White Paula K
Bought by
Allewalt Patrick C and Allewalt Mary E
Seller's Agent
Trisha Midgett
Midgett Realty - Rodanthe
Buyer's Agent
Jeff Scott
Scott Team Realty
List Price
$899,000
Sold Price
$897,000
Premium/Discount to List
-$2,000
-0.22%
Current Estimated Value
$1,561,525

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$664,525
Avg. Annual Appreciation
12.03%
Original Mortgage
$717,600
Outstanding Balance
$638,562
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$922,963

Purchase Details

Closed on
May 14, 2020
Sold by
Plumb Mark S
Bought by
White Paula K

Purchase Details

Listed on
Jan 4, 2016
Closed on
Sep 18, 2017
Sold by
Eanes Jeffery D and Eanes Marcy L
Bought by
Plumb Mark S and White Paula K
Seller's Agent
Catherine Strachan
Brindley Beach Vacations & Sales-Duck
Buyer's Agent
Trisha Midgett
Midgett Realty - Rodanthe
List Price
$997,000
Sold Price
$892,000
Premium/Discount to List
-$105,000
-10.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.21%
Original Mortgage
$713,600
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 14, 2012
Sold by
Mcmenamy Teresa and Murray Richard
Bought by
Eanes Jeffery D and Eanes Marcy L

Purchase Details

Closed on
Oct 9, 2009
Sold by
Cullen John P
Bought by
Benchmark Planning Group Llc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $897,000 None Available
Quit Claim Deed -- None Available
Warranty Deed $892,000 Attorney
Deed $700,000 None Available
Deed $200,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $717,600 New Conventional
Previous Owner $713,600 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2020 11/16/20 Sold $897,000 -0.2% $315 / Sq Ft
09/14/2020 09/14/20 Pending -- -- --
08/25/2020 08/25/20 For Sale $899,000 +0.8% $315 / Sq Ft
09/20/2017 09/20/17 Sold $892,000 -3.6% $270 / Sq Ft
07/20/2017 07/20/17 Pending -- -- --
06/23/2017 06/23/17 Price Changed $925,000 -7.2% $280 / Sq Ft
01/04/2016 01/04/16 For Sale $997,000 -- $302 / 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 $7,183 $939,000 $530,000 $409,000
2023 $7,183 $895,900 $530,000 $365,900
2022 $5,098 $895,900 $530,000 $365,900
2021 $4,990 $861,400 $500,000 $361,400
2020 $4,835 $861,400 $500,000 $361,400
2019 $4,835 $861,400 $500,000 $361,400
2018 $4,835 $861,400 $500,000 $361,400
2017 $4,385 $861,400 $500,000 $361,400
2016 $4,385 $861,400 $500,000 $361,400
2015 -- $861,400 $500,000 $361,400
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Outer Banks Association of REALTORS®

MLS Number: 90651

Outer Banks Association of REALTORS®

APN: 127C-000-0035-0000