NOT LISTED FOR SALE

569 Porpoise Point Corolla, NC 27927

Estimated Value: $2,044,000 - $2,316,000

8 Beds
8 Baths
3,474 Sq Ft
$644/Sq Ft Est. Value

Last Sold November 23, 2020

Last sale price $1,420,000 $409 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $13,178/month

33 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Second Refrigerator
  • Community Beach Access
  • Concrete Pool
  • Cathedral Ceiling

About This Home

As of November 2020

Custom-Built 8 bedroom home (5 are master suites) sits majestically at the end of a cul-de-sac, and adjacent to designated OPEN SPACE. A prime location affording lots of elbow room, privacy, and expansive unobstructed ocean and dune views of the beautiful Corolla beaches. A consistently strong income producer generating a 11% Gross Rate of Return on Investment with $165,655 in 2018 and $161,881 in 2019. The Top Level boasts a "WOW" view the second you step off the elevator with floor to ceiling windows. The attractively furnished great room has hardwood floors, vaulted ceiling, gas fireplace, lots of windows for those grand ocean/dune views, a dining area, a ship's watch, and a spacious gourmet kitchen with granite countertops, stainless steel appliances (including two dishwashers), and island seating for five. A master suite with large tiled bath, whirlpool garden tub, walk-in shower, and private access to the top level sun deck. The mid-level includes; the main entry foyer, four master suites, the 6th bedroom that shares a full hall bath, and access to a covered deck with a private hot tub. The ground level features 2 bedrooms, with a shared full hall bath, laundry room, a game room with pool table, wet bar, refrigerator, & ice maker, and another full hall bath that includes a 2nd entry from pool area. Outside has plenty of parking, a carport, a fenced-in patio with private pool, 2nd hot tub, a fun cabana with built-in wet bar, and an outdoor shower. Home is in pristine condition and meticulously maintained. Close to shops, restaurants, and the Currituck Club Golf Course. 2019-concrete around pool lifted & leveled, pool resurfaced & tiled. To view aerial drone video, copy and paste link below: https://youtu.be/IKRb_MZqBH4 To view short property video copy and paste link below: https://www.dropbox.com/s/x73j5t94gkj1m5i/569%20Porpoise%20Point%20-%20Corolla-Unbranded.mp4?dl=0

Last Agent to Sell the Property

Heather VanderMyde

Coldwell Banker Seaside Realty - KDH License #207518 Listed on: 09/04/2020

Coldwell Banker Seaside Realty - KDH

Last Buyer's Agent

Heather VanderMyde

Coldwell Banker Seaside Realty - KDH License #207518 Listed on: 09/04/2020

Coldwell Banker Seaside Realty - KDH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,306

Year Built

  • Built in 2005

Lot Details

  • Beach Front
  • Cul-De-Sac
  • Lot includes common area
  • Landscaped

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • Paved Parking

Home Design

  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 3,474 Sq Ft Home
  • Elevator
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Living Room
  • Dining Room
  • Game Room
  • Utility Room
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Second Refrigerator
  • Ice Maker
  • Second Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Cedar Closet
  • 8 Full Bathrooms
  • Whirlpool Bathtub
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Pool

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

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Exterior Lighting

Utilities

  • Heat Pump System
  • Municipal Utilities District for Water and Sewer

Listing and Financial Details

  • Tax Lot #240

Community Details

Overview

  • Association fees include security
  • Jean Association, Phone Number (757) 373-9111
  • Ocean Sands Subdivision

Recreation

  • Community Beach Access
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,306

Year Built

Built in 2005

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: Ocean trail to Sect.D, E. on Marlin Way, N. on Porpoise Point last Ocean front on right.
  • Extras: Beach Access, Ceiling Fan(s), Common Laundry Area, Covered Decks, Elevator, Hot Tub, Jet Tub, Landscaped, Outside Lighting, Outside Shower, Security System, Smoke Detector(s), Sun Deck, Whirlpool/Spa, Inside Laundry Room
  • Flood Zone: X
  • Headline: 11% G.R.O.I/Rental Machine
  • Heated Sq Ft: 3474
  • L V T Date: 09/04/2020
  • Roads: Paved
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: Res
  • Advertised Income 2020: 146081
  • Advertised Income 2021: 105520
  • Deed Book Pg Number: 373
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Major Subdivision: Ocean Sands
  • Newpoint Media: Yes
  • Office License Number: C7166
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer, 2nd Dishwasher, 2nd Refrigerator, Stackable Washer/Dryer
  • Bedrooms: 8
  • 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: 2
  • Bedroom 7: On Level: 1
  • Bedroom 8: On Level: 1
  • Countertops: Granite
  • Floor Coverings: Carpet, Ceramic Tile, Wood
  • Foundation: Piling
  • Full Bathrooms: 8
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Cedar Closet(s), Gas Fireplace, Ensuite
  • Dining Room: On Level: 3
  • Living Room: On Level: 3
  • Optional Rooms: Game Room, Shipswatch
  • Optional Room 1: On Level: 2

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Concrete, Heated, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Garage: Carport
  • Parking: Paved

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Security
  • Association Amenities: Ocean Access, Outdoor-Comm. Tennis
  • Association Fee: Yes
  • Estimated Annual Fee: 600
  • Hoa Contact: Jean
  • HOA Contact: 7573739111

Lot Info

  • Lot Description: Adj. To Common Area, Beach Frontage, Cul-de-sac
  • Lot Number: Lot #240
  • Deed Book: 1410

Rental Info

  • Est Annual Rental Income: 170180
  • Estimated Rental Performance: 0.1198
  • Lease Terms: Weekly
  • Rental Co: Twiddy and Company
  • Rental Cottage Name: Amore
  • Rental Cottage Number: G438
  • Rental Phone Number: (866) 457-1190
  • Rental Turnover Day: Saturday

Building Info

  • Year Built: 2005

Tax Info

  • Year: 2019
  • Taxes: 8306.43

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2020
Closed on
Nov 20, 2020
Sold by
569 Porpoise Point Llc
Bought by
Turlington Scott Alan
Seller's Agent
Heather VanderMyde
Coldwell Banker Seaside Realty - KDH
Buyer's Agent
Heather VanderMyde
Coldwell Banker Seaside Realty - KDH
List Price
$1,499,900
Sold Price
$1,420,000
Premium/Discount to List
-$79,900
-5.33%
Current Estimated Value
$2,236,528

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$816,528
Avg. Annual Appreciation
9.73%
Original Mortgage
$1,136,000
Outstanding Balance
$1,010,879
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,225,649

Purchase Details

Closed on
Jun 8, 2017
Sold by
Amore Obx Llc
Bought by
569 Porpoise Point Llc

Purchase Details

Listed on
Mar 10, 2015
Closed on
Mar 30, 2015
Sold by
Quiggins Richard S and Quiggins Margaret J
Bought by
Amore Obx Llc
Seller's Agent
* *None
**None
Buyer's Agent
Andy Tucker
Beach House Brokers, LLC
List Price
$939,000
Sold Price
$939,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.57%
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 Buyer Sale Price Title Company
Turlington Scott Alan $1,420,000 None Available
569 Porpoise Point Llc -- Attorney
Amore Obx Llc $939,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Turlington Scott Alan $1,136,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/23/2020 11/23/20 Sold $1,420,000 -5.3% $409 / Sq Ft
10/07/2020 10/07/20 Pending -- -- --
09/04/2020 09/04/20 For Sale $1,499,900 +59.7% $432 / Sq Ft
03/30/2015 03/30/15 Sold $939,000 0.0% $269 / Sq Ft View Prior Sale
03/10/2015 03/10/15 Pending -- -- --
03/10/2015 03/10/15 For Sale $939,000 -- $269 / 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 $15,239 $1,380,600 $770,000 $610,600
2023 $15,239 $1,367,400 $770,000 $597,400
2022 $10,869 $1,367,400 $770,000 $597,400
2021 $9,749 $1,128,700 $700,000 $428,700
2020 $8,306 $1,128,700 $700,000 $428,700
2019 $8,306 $1,128,700 $700,000 $428,700
2018 $8,423 $1,128,700 $700,000 $428,700
2017 $7,726 $1,128,700 $700,000 $428,700
2016 $6,933 $1,128,700 $700,000 $428,700
2015 $6,357 $1,128,700 $700,000 $428,700
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: 110854

Outer Banks Association of REALTORS®

APN: 126A-000-0240-000D