Seller's Agent in 2018
Rick Drumm
Beach Realty & Construction
(252) 305-9999
13 in this area
82 Total Sales
541 Porpoise Point Corolla, NC 27927
Estimated Value: $974,000 - $1,411,120
4
Beds
2
Baths
1,890
Sq Ft
$617/Sq Ft
Est. Value
Highlights
- Beach Front
- Ocean View
- Furnished
- Community Beach Access
- Traditional Architecture
- Tennis Courts
About This Home
As of July 2018You MUST put this home on your list to see! This is the perfect home for that oceanfront getaway of times gone past. The charm will make you feel right at home - this is NOT a rental monster! It is a very rare opportunity to be oceanfront in Corolla at this price point. You could have a rental niche appealing to smaller families that dont want to vacation with 30 people to afford the rent. The home needs updating BUT it does have all new carpet, fresh exterior paint, new bath vanities, some deck boards replaced, and new stainless refrigerator. Enter on the mid-level that offers 3 bedrooms and 1 full bath. The larger bedroom offers a HUGE 2nd Master (no private bath) along with sitting room and wood burning fireplace for cozy evenings (the closet sits directly outside the bedroom door). The center bedroom on this level offers queen sleeping and the far right bedroom has two twin/trundle beds and both rooms are bright and airy. The Hall bath shared by all bedrooms on this level also offers a laundry room tucked away for ease of use. Two owner closets are located on this level for added storage. Up top there are OCEAN VIEWS FOREVER!!! Large open living room with a second fireplace with two sliders off the back of the home that offer dramatic and inviting ocean views. The dining room can be set for 10 so there is plenty of room. The Kitchen is a galley style with a BRAND NEW Stainless SxS Refrigerator. Queen master suite upstairs with sofa sitting area also has two large closets for storage of all kinds - this bathroom offers a tub/shower combo. Large dune behind has been a great protection for the home and is highly vegetated and established. Lower level also offers a deck below for shaded viewing off the bedrooms below. Ocean Sands walkway is attached to this homes walkway and has recently been updated with new stair treads - and no maintenance for you! Outside the front door of the home is an elevated storage room so nothing has gotten wet. The home is less than a block away from the community tennis courts and within walking distance to the grocery store, restaurants, shopping, golf and more. There appears to be room for a 9x16 pool. See associated docs
Last Agent to Sell the Property
Beach Realty & Construction License #141499 Listed on: 04/14/2017
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,937
Year Built
- Built in 1978
Lot Details
- 5,100 Sq Ft Lot
- Lot Dimensions are 60 x 85
- Beach Front
- 60 Feet of Waterfront
- Property fronts a private road
- Cul-De-Sac
HOA Fees
- $40 Monthly HOA Fees
Home Design
- Traditional Architecture
- Reverse Style Home
- Frame Construction
- Asphalt Shingled Roof
- Wood Siding
- Lap Siding
- Piling Construction
Interior Spaces
- 1,890 Sq Ft Home
- Furnished
- Wood Burning Fireplace
- Window Treatments
- Ocean Views
- Fire and Smoke Detector
Kitchen
- Oven or Range
- Microwave
- Ice Maker
- Dishwasher
- Laminate Countertops
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- En-Suite Primary Bedroom
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Parking
- Tuck Under Parking
- Unpaved Parking
Outdoor Features
- Outdoor Shower
- Sun 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 #214
Community Details
Overview
- Association fees include management, road maintenance, tennis courts, walkways
- Jeanne Marcinko Association, Phone Number (800) 422-9112
- Ocean Sands Subdivision
Recreation
- Community Boardwalk
- Community Beach Access
- Tennis Courts
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 8, 2024
Sold by
Uppalapati Raju
Bought by
Raju V Uppalapati Revocable Trust and Uppalapati
Current Estimated Value
Purchase Details
Closed on
Dec 20, 2020
Sold by
Uppalapati Alekhya
Bought by
Uppalapati Raju
Purchase Details
Listed on
Apr 14, 2017
Closed on
Jul 28, 2018
Sold by
Iliad Llc and Moore Katherine H
Bought by
Uppalapati Alekhya
Seller's Agent
Rick Drumm
Beach Realty & Construction
Buyer's Agent
Raju Uppalapati
Outer Banks Realty Group
List Price
$760,000
Sold Price
$495,000
Premium/Discount to List
-$265,000
-34.87%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.66%
Original Mortgage
$392,000
Interest Rate
4.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 19, 2012
Sold by
Homer Peter W and Moore Katherine H
Bought by
Iliad Llc
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Raju V Uppalapati Revocable Trust | -- | None Listed On Document | |
| Uppalapati Raju | $1,500,000 | None Listed On Document | |
| Uppalapati Raju | $1,500,000 | None Listed On Document | |
| Uppalapati Alekhya | $490,000 | None Available | |
| Iliad Llc | -- | None Available | |
| Homer Peter W | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Uppalapati Alekhya | $392,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/31/2018 07/31/18 | Sold | $495,000 | -10.0% | $262 / Sq Ft |
| 06/08/2018 06/08/18 | Pending | -- | -- | -- |
| 05/21/2018 05/21/18 | Price Changed | $549,900 | -8.3% | $291 / Sq Ft |
| 04/03/2018 04/03/18 | Price Changed | $599,900 | -4.6% | $317 / Sq Ft |
| 02/05/2018 02/05/18 | Price Changed | $629,000 | -10.1% | $333 / Sq Ft |
| 10/31/2017 10/31/17 | Price Changed | $699,999 | -7.9% | $370 / Sq Ft |
| 04/14/2017 04/14/17 | For Sale | $760,000 | -- | $402 / 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 | $10,928 | $972,200 | $770,000 | $202,200 |
| 2023 | $10,928 | $972,200 | $770,000 | $202,200 |
| 2022 | $7,896 | $972,200 | $770,000 | $202,200 |
| 2021 | $6,907 | $866,600 | $700,000 | $166,600 |
| 2020 | $6,359 | $866,600 | $700,000 | $166,600 |
| 2019 | $6,287 | $866,600 | $700,000 | $166,600 |
| 2018 | $0 | $866,600 | $700,000 | $166,600 |
| 2017 | $5,937 | $866,600 | $700,000 | $166,600 |
| 2016 | $5,325 | $866,600 | $700,000 | $166,600 |
| 2015 | $4,887 | $866,600 | $700,000 | $166,600 |
Source: Public Records
Agents Affiliated with this Home
-
Rick Drumm
-
Raju Uppalapati
Buyer's Agent in 2018
Raju Uppalapati
Outer Banks Realty Group
(252) 305-0707
64 in this area
88 Total Sales
Map
Source: Outer Banks Association of REALTORS®
MLS Number: 96064
APN: 126A-000-0214-000D
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