Seller's Agent in 2018
Terry Cremia
Shore Realty
(252) 207-3111
14 in this area
95 Total Sales
467 Pipsis Point Rd Corolla, NC 27927
Corolla Neighborhood
6
Beds
6
Baths
3,400
Sq Ft
0.66
Acres
Highlights
- Beach Front
- Ocean View
- Contemporary Architecture
- Community Beach Access
- Concrete Pool
- Cathedral Ceiling
About This Home
As of May 201811% PROVEN ROI! BIG RENTAL MONEY AT CLOSING WITH A SPRING 2018 PURCHASE! PINE ISLAND OCEANFRONT with excellent rental history! Completely furnished, elegantly appointed and walk-in ready with $156,831 in 2016 gross income! NOW BACK TO PET-RENTAL FOR 2018--25 WEEKS BOOKED FOR 2018 with excellent NEW price! Seller is seriously Ready. Willing. Able. Now priced $196,000 below next PI Oceanfront competitor! See February 2017 Appraisal value over $1,500,000! ALL NEW CARPET & WOOD FLOORING and NEW DECK RAILINGS, also NEW mid-level TV/sitting area furnishings! This 6-bedroom stunner with AMAZING OCEAN VIEWS generates consistently great income and guests love Pine Island's community AMENITIES. A vacation guest-pleaser and listed more than $300,000 BELOW County tax assessment. Inviting beautiful TILE foyer/entrance and covered front rocking porch. Ample oceanside covered porches. Huge, private solid-surface POOL with stamped concrete surround. Multiple KING MASTERS. All baths have double vanities, WCs and CUSTOM PAINT finishes. Mid-level sitting area with NEW furnishings and electronics for added comfort. This is a must-see property! NEWER living area window treatments and ice maker at wet bar.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,600
Year Built
- Built in 1994
Lot Details
- 0.66 Acre Lot
- Lot Dimensions are 90 x 320
- Beach Front
- 90 Feet of Waterfront
- Property fronts a private road
- Cul-De-Sac
- Fenced Yard
HOA Fees
- $208 Monthly HOA Fees
Property Views
- Ocean
- Park or Greenbelt
Home Design
- Contemporary Architecture
- Slab Foundation
- Frame Construction
- Asphalt Shingled Roof
- Wood Siding
- Shake Siding
- Piling Construction
Interior Spaces
- 3,400 Sq Ft Home
- Wet Bar
- Furnished
- Cathedral Ceiling
- Gas Fireplace
- Window Treatments
Kitchen
- Oven or Range
- Ice Maker
- Dishwasher
- Granite Countertops
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- En-Suite Primary Bedroom
- Whirlpool Bathtub
Laundry
- Dryer
- Washer
Parking
- Paved Parking
- Off-Street Parking
Pool
- Concrete Pool
- In Ground Pool
- Outdoor Pool
- Spa
Outdoor Features
- Sun Deck
- Covered Deck
Utilities
- Central Air
- Heat Pump System
- Municipal Utilities District Water
- Community Sewer or Septic
Listing and Financial Details
- Tax Lot 20
Community Details
Overview
- Pine Island Pud Subdivision
Recreation
- Community Boardwalk
- Community Beach Access
- Tennis Courts
- Community Playground
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 21, 2015
Closed on
May 24, 2018
Sold by
Alpha Omega Business Group Llc
Bought by
467 Pipsis Llc
Seller's Agent
Terry Cremia
Shore Realty
Buyer's Agent
Sarah Spencer
Keller Williams - Outer Banks
List Price
$1,450,000
Sold Price
$1,325,000
Premium/Discount to List
-$125,000
-8.62%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,209,923
Avg. Annual Appreciation
9.21%
Original Mortgage
$993,750
Outstanding Balance
$839,670
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,695,253
Purchase Details
Listed on
Jul 23, 2012
Closed on
Aug 20, 2013
Sold by
Engberg David D and Engberg Susan G
Bought by
Alpah Omega Business Group Llc
Seller's Agent
Debra Price
Debbie Price, Broker
Buyer's Agent
Greg Cremia
Shore Realty
List Price
$1,925,000
Sold Price
$1,350,000
Premium/Discount to List
-$575,000
-29.87%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.39%
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,325,000 | None Available | |
| Deed | $1,350,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $993,750 | Adjustable Rate Mortgage/ARM |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/25/2018 05/25/18 | Sold | $1,325,000 | -1.9% | $390 / Sq Ft |
| 04/09/2018 04/09/18 | Pending | -- | -- | -- |
| 03/27/2018 03/27/18 | Price Changed | $1,350,000 | -1.8% | $397 / Sq Ft |
| 03/17/2018 03/17/18 | Price Changed | $1,375,000 | -1.7% | $404 / Sq Ft |
| 01/08/2018 01/08/18 | Price Changed | $1,399,000 | -3.5% | $411 / Sq Ft |
| 09/15/2017 09/15/17 | For Sale | $1,450,000 | 0.0% | $426 / Sq Ft |
| 08/24/2017 08/24/17 | Pending | -- | -- | -- |
| 08/14/2017 08/14/17 | For Sale | $1,450,000 | -9.4% | $426 / Sq Ft |
| 07/08/2017 07/08/17 | Pending | -- | -- | -- |
| 10/21/2015 10/21/15 | For Sale | $1,600,000 | +18.5% | $471 / Sq Ft |
| 08/26/2013 08/26/13 | Sold | $1,350,000 | -29.9% | $397 / Sq Ft |
| 08/05/2013 08/05/13 | Pending | -- | -- | -- |
| 07/23/2012 07/23/12 | For Sale | $1,925,000 | -- | $566 / Sq Ft |
Source: Outer Banks Association of REALTORS®
Tax History Compared to Growth
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 | $11,769 | $1,589,400 | $1,518,000 | $71,400 |
| 2023 | $11,769 | $1,589,400 | $1,518,000 | $71,400 |
| 2022 | $8,670 | $1,589,400 | $1,518,000 | $71,400 |
| 2021 | $8,655 | $1,433,900 | $1,315,900 | $118,000 |
| 2020 | $7,991 | $1,433,900 | $1,315,900 | $118,000 |
| 2019 | $7,991 | $1,758,600 | $1,315,900 | $442,700 |
| 2018 | $9,712 | $1,758,600 | $1,315,900 | $442,700 |
| 2017 | $8,801 | $1,758,600 | $1,315,900 | $442,700 |
| 2016 | $8,767 | $1,758,600 | $1,315,900 | $442,700 |
| 2015 | $8,767 | $1,758,600 | $1,315,900 | $442,700 |
Source: Public Records
Agents Affiliated with this Home
-
Terry Cremia
-
Greg Cremia
Seller Co-Listing Agent in 2018
Greg Cremia
Shore Realty
(252) 202-7712
8 in this area
47 Total Sales
-
Sarah Spencer
Buyer's Agent in 2018
Sarah Spencer
Keller Williams - Outer Banks
(252) 202-3357
112 in this area
328 Total Sales
-
D
Seller's Agent in 2013
Debra Price
Debbie Price, Broker
-
M
Seller Co-Listing Agent in 2013
Matt Price
Default, Office
Map
Source: Outer Banks Association of REALTORS®
MLS Number: 89972
APN: 127C-000-0020-0000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Nearby Homes
- 473 Pipsis Point Rd Unit 17
- 473 Island Lead Rd Unit Lot 161
- 475 Land Fall Ct Unit Lot 16
- 449 N Cove Rd Unit Lot 48
- 457 N Cove Rd Unit Lot 44
- 448 Myrtle Pond Rd Unit 119
- 502 Magnolia Way Unit Lot31
- 544 Magnolia Ct
- 503 Brown Pelican Ct Unit Lot 1
- 515 Hunt Club Dr Unit Lot 34
- 505 Night Heron Ct Unit Lot 19
- 518 Hunt Club Dr Unit Lot 24
- 518 Whooping Crane Ct Unit Lot 27
- 385 Deep Neck Rd Unit Lot 131
- 542 Historic Loop Unit Lot 412
- 369 Deep Neck Rd Unit Lot 139
- 553 Trumpeter Swan Ct Unit Lot 65
- 535 Breakers Arch Unit Lot 44
- 367 Lindsey Ln Unit 1
- 538 Conch Crescent Unit Lot 107