NOT LISTED FOR SALE

542 Porpoise Point Corolla, NC 27927

Estimated Value: $976,217 - $1,167,000

6 Beds
3.5 Baths
2,650 Sq Ft
$399/Sq Ft Est. Value

Last Sold March 15, 2019

Last sale price $515,000 $194 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $6,266/month

73 Days on Market

Highlights

  • Community Beach Access
  • Tennis Courts
  • Coastal Architecture
  • Ocean Front
  • Heated In Ground Pool
  • Cathedral Ceiling

About This Home

As of March 2019

AMAZING LOCATION - Semi Oceanfront with beach access directly across from the home on a quiet cul de sac. VIEWS and just steps to the beach. Consistent rental year after year. $67,000 that's a 12% ROI!! Many improvements made over the past few years including: NEW siding, new roof, new HVAC in 2016, carpet, exterior paint and more Heated Pool & Hot Tub. Two Master Suites. Beautifully furnished. Owner has a private cleaner and she is willing to stay with new owner.

Last Agent to Sell the Property

Joanne Kepler

Beach Realty & Construction- Corolla License #190335 Listed on: 11/16/2018

Last Buyer's Agent

Mike Bishal

Great Escapes Vacations & Sales License #201359

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,275

Year Built

  • Built in 1987

Lot Details

  • Ocean Front
  • Property fronts a private road
  • Cul-De-Sac

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Asphalt Shingled Roof
  • Wood Siding
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 2,650 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom
  • Whirlpool Bathtub
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Home Security

  • Storm Windows
  • Fire and Smoke Detector

Pool

  • Heated In Ground Pool
  • Fiberglass Pool
  • Outdoor Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Tennis Courts
  • Covered Deck
  • Tiki or Chickee Hut

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 222

Community Details

Overview

  • Association fees include common electric, common insurance, road maintenance, tennis courts
  • Ocean Sands Subdivision

Recreation

  • Community Boardwalk
  • Community Beach Access
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,275

Year Built

Built in 1987

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary, Coastal
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Covered Decks, Hot Tub, Jet Tub, Outdoor Tennis, Outside Shower, Smoke Detector(s), Storm Windows, Sun Deck, Whirlpool/Spa, Tiki Bar
  • Flood Zone: X
  • Subdivision Name: Ocean Sands Section D
  • Headline: LOWEST PRICE SEMI OF IN OS
  • Heated Sq Ft: 2650
  • L V T Date: 11/16/2018
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Section: D
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: RES
  • Deed Book Pg Number: 502
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Major Subdivision: Ocean Sands
  • Newpoint Media: Yes
  • Office License Number: C3297
  • 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, Washer
  • Bedrooms: 6
  • Floor Coverings: Carpet, Ceramic Tile, Vinyl, Wood
  • Foundation: Piling
  • Full Bathrooms: 3
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Ensuite, Washer Connection
  • Partial Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Parking: Off Street

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Common Electric, Common Insurance, Road Maintenance, Tennis Courts
  • Association Amenities: Ocean Access, Outdoor-Comm. Tennis, Board Walk
  • Association Fee: Yes
  • Estimated Annual Fee: 500

Lot Info

  • Lot Description: Cul-de-sac
  • Lot Number: Lot 222
  • Deed Book: 1372

Rental Info

  • Est Annual Rental Income: 67279
  • Estimated Rental Performance: 0.1306
  • Lease Terms: Weekly
  • Rental Co: Kitty Hawk Rentals
  • Rental Cottage Name: Timeless
  • Rental Cottage Number: 7850
  • Rental Phone Number: 453-4141
  • Rental Turnover Day: Sunday

Building Info

  • Year Built: 1987

Tax Info

  • Year: 2018
  • Taxes: 4275.13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 26, 2025
Sold by
Tom And Michele Simpkins Living Trust and Simpkins John Thomas
Bought by
Sturgis Donita Marie
Current Estimated Value
$1,056,304

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Outstanding Balance
$749,332
Interest Rate
6.58%
Mortgage Type
New Conventional
Estimated Equity
$306,972

Purchase Details

Closed on
Apr 30, 2025
Sold by
Simpkins John T and Simpkins Michele L
Bought by
Tom And Michele Simpkins Living Trust and Simpkins

Purchase Details

Listed on
Nov 16, 2018
Closed on
Mar 6, 2019
Sold by
Wimer Donald E
Bought by
Simpkins John T and Simpkins Michele L
Seller's Agent
Joanne Kepler
Beach Realty & Construction- Corolla
Buyer's Agent
Mike Bishal
Great Escapes Vacations & Sales
List Price
$545,000
Sold Price
$515,000
Premium/Discount to List
-$30,000
-5.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.55%
Original Mortgage
$412,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 6, 2016
Closed on
Jul 14, 2016
Sold by
Greenstein Frances
Bought by
Wimer Donald E and Wimer Maxine L
Seller's Agent
Sally Holt
Surfside Realty
Buyer's Agent
Sandra LaRue
Corolla Beach Realty
List Price
$549,900
Sold Price
$475,000
Premium/Discount to List
-$74,900
-13.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.09%
Original Mortgage
$380,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 2003
Bought by
Greenstein Stephen and Greenstein Frances
Source: Public Records

Range of Values:

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Average Value
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List Price
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
Tom And Michele Simpkins Living Trust -- None Listed On Document
Tom And Michele Simpkins Living Trust -- None Listed On Document
Simpkins John T $515,000 None Available
Wimer Donald E $475,000 Attorney
Greenstein Stephen $750,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Simpkins John T $412,000
Previous Owner Wimer Donald E $380,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/15/2019 03/15/19 Sold $515,000 -5.5% $194 / Sq Ft
01/28/2019 01/28/19 Pending -- -- --
11/16/2018 11/16/18 For Sale $545,000 +14.7% $206 / Sq Ft
07/18/2016 07/18/16 Sold $475,000 -13.6% $179 / Sq Ft View Prior Sale
06/05/2016 06/05/16 Pending -- -- --
03/06/2016 03/06/16 For Sale $549,900 -- $208 / 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 $7,477 $640,600 $350,000 $290,600
2023 $7,477 $640,600 $350,000 $290,600
2022 $5,435 $640,600 $350,000 $290,600
2021 $4,750 $559,200 $300,000 $259,200
2020 $4,227 $559,200 $300,000 $259,200
2019 $4,218 $559,200 $300,000 $259,200
2018 $4,275 $559,200 $300,000 $259,200
2017 $3,969 $559,200 $300,000 $259,200
2016 $3,519 $551,000 $300,000 $251,000
2015 $3,243 $551,000 $300,000 $251,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 102713

Outer Banks Association of REALTORS®

APN: 126A-000-0222-000D