Closing Price:
$1,699,999
$1,699,999
472 Pipsis Point Road,
Corolla, NC 27927
5 bd
5 ba
3600 sq ft
MLS #: 117699
Status: Closed
Sold Details
Status: Closed
Sold Price: $1,699,999.00
Closing Date: 3/11/2022
Contract Date: 2/19/2022
Seller Concessions: Yes
Concession Comments: $5000 credit to buyer
Total Days on Market:
Cumulative Days on Market: 2
Due Diligence Date: 3/5/2022
Listing Information
Area: Corolla Oceanside
Mls Status: Closed
Days On Market: 2
Cumulative Days On Market: 2
Listing Price: $1,699,999
Original Listing Price: $1,699,999
Possession: Close Of Escrow, Subject To Tenant Rights
Short Sale: No
Price Date: 2/17/2022
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell
Building Details
Primary Heated Living Area Sq Ft: 3600
Asking Price Per SqFt: $472.00
Heated Living Area Sq Ft: 3600
BedroomsTotal: 5
Bathrooms Full: 5
Bathrooms Partial: 1
Year Built: 1995
Garage: 1 Car,Attached,Carport
Garage Sq Ft: 288
Architectural Style: Contemporary, Reverse Floor Plan, Coastal, Cottage
Sub Type: Single Family Residence
Appliances: 2nd Refrigerator, Dryer, Dishwasher, Ice Maker, Microwave, Refrigerator w/Ice Maker, Range/Oven, Washer
Roof: Asphalt
Parking: Off Street, Paved
Foundation: Piling, Slab
Pool: Yes
Pool Type: Private
Pool Features: Association, Fiberglass, In Ground, Outdoor Pool, Private
Screen Porch Size: 10 x 12
Sun Deck Size: Nice!
Counter Tops: Granite
Cooling: Heat Pump, Zoned
Interior Features: Cathedral Ceiling(s), Cedar Closet(s), Pantry
Heating: Electric, Heat Pump, Zoned
Room Type: Foyer, Game Room, Office, Pantry, Workshop
Flooring: Carpet, Hardwood, Tile
Construction Materials: Frame, Wood Siding
Legal Description
County: Currituck
Subdivision: Pine Island Pud
Subdivision Name: Pine Island
Deed Book: 1083
Deed Book Page Number: 240
County Pin Number: 127C00000150000
Price Change: 3/10/2022
Road Surface: Paved, Private
Association Amenities: Common Area, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis
Lot Details
Land Tax Value: 530000
Total Assessed Value: 983600
Lot Size Acres: 0.42
Lot Size Square Feet: 18086
Lot Features: Cul-De-Sac, Level
Lot Faces: East
Waterfront: Semi-Oceanfront (2nd row)
View: Ocean
Property Type: Residential
Property Expenses & Utilities
Tax Year: 2021
Annual Property Taxes: $5,496.00
Flood Zone: X
Water Source: Municipal
Contract Status Change Date: 3/11/2022
Estimated Annual Fee Amt: $2,500.00
Sewer: Private Sewer
Association Fee Includes: Electricity, Common Insurance, Management, Road Maintenance, Tennis Courts, Walkways
Association Fee Yes or No: Yes
Financials
Bill Of Sale Amoung: 1
Electroni Locks: Leased
Bank/Institution Owned: No
Exterior: Shakes,Wood
Extras: Beach Access,Ceiling Fan(s),Covered Decks,Hot Tub,Jet Tub,Landscaped,Outside Lighting,Outside Shower,Screened Porch,Security System,Smoke Detector(s),Storage Shed,Storm Doors,Sun Deck,Dry Entry,Inside Laundry Room
Covered Deck Size: Yes!
Fuel Tanks: Leased
HOA Contact Name: Seaside Management
Primary Residence: No
HOA Contact Info: 252-261-1200
Rental Income
Annual Rental Income: 135669
Rental Performance: 0.0798
Owner Renatl Income 2022 Amount: 86136
Avertised Income 2021 Amount: 92395
Owner Rental Income 2021 Amount: 77082
Avertised Income 2021 Amount: 83117
Listing Agent Remarks
Welcome to the "Summerhouse" ... an Amazing & Beautiful Pine Island SEMI-OCEANFRONT Home W/ GARAGE *** You will Love the private Cul-De-Sac Location *** Fabulous Ocean Views & just steps to the community Beach Access *** Home Features ... Top Level 3: Open Great Room Design w/ Volume Ceilings Floor to Ceiling Windows (with Roll Down Shades) ... You will Love the Window Design & Display for Maximum Natural Lighting and Gas Fireplace Entertainment Center w/ Plug-In Game Port & Multi-Room Music * Open Dining area with Hardwood Floors (Note: The Heart Pine Flooring is reclaimed and originally from the Sears Catalogue Building in Chicago, IL) & Plenty of Seating for Everyone * You will love the original artwork (w/ custom frames built by Gerry Dreo) * Kitchen Features Granite Counters, Hardwood Flooring, 2 Tier Breakfast Bar, Pantry, Ice Maker, Triple Window Facing West Overlooking the Pool * Sliding Glass Door from Dining area leads to the Private Screened Porch area (New Board & Batten Finish Framed areas for Screens) - You will LOVE the Serving Window from the Kitchen to the Screened Porch! * Be sure to see the Ships Watch (just off the Living Room) which takes you up another level for Fabulous Ocean Views! Great Space for a card table, sitting room or Office ... Lots of Windows w/ Transoms * Large Owner Closet in Hall * On the right you will find the "Library" w/ Volume Ceiling (Could be "6th" Bedroom) ... would also make a great Office Space as there is already a large built-in bookshelf - Great Window design and Sliding Glass Door to East Sun Deck * The Main Master Ensuite is located at the end of the Hall and opens to a Volume Ceiling * Fabulous Window Design w/ Transoms * Slider to east Deck with Ocean Views - Deck is shared with the Library * All Interior Doors are Solid 6 Panel * Bath includes double vanity, cedar lined closet, pocket door, Jetted Tub w/ privacy Casement Windows w/ Stained Glass Inserts Transoms above the Casements, and Shower * Lovely Pocket Door Powder Room with Pedestal Sink & Circular Window *** Level 2 Features nice Mid-Floor Front Door with spacious Foyer * Note the Stained Glass Insert in Casement Window by the Front Door * Could be "7th" Bedroom with Couch w/ Queen Sofa Bed, Slider to Sun Deck * Master Ensuite BR, Cedar Lined Closet, Bath with Jetted Tub Shower * Hall Full Bath w/ Double Vanity * Master w/ Large Bath w/ Jetted Tub & Separate Large Tiled Shower w/ built-in Bench seat (All Baths have Tiled Floors) * Duo Bunk Bedroom * Level 2 Exterior features Spacious Wide Deck with Large Private Hot Tub ... Stairs down to FABULOUS POOL / DECK w/ Cabana Building- Ready for you to put your finishing Touches to complete the Pool area Presentation ... Check out the Custom Built Fence with Design Pattern to Blend Visual Appeal with Privacy *** Ground Level 1 Features 12 x 24 GARAGE ON NORTH SIDE and Carport on South Side w/ Entry into Finished Living Area ... Bedroom & Full Bath * Alarm System Controls * Large storage under stairs, owner closet, Washer & Dryer, Game Room w/ Wet Bar, Mini-Fridge, Foosball & TV (Could easily be converted to a Bedroom & the Garage is perfectly suited to be re-designed as a Sizable Game Room - add Door out the rear to Pool Deck) * Home Features a new (January 2022) 25 year Shingle Fortified Roof (w/ Certificate) * Owner Closets all 3 Levels * Huge Driveway has been replaced since the home was built and recent pressure washing looks new * 2 Water Heaters New Feb 2021 * Custom built (by Gerry Dreo) Storage Spaces for Beach Chairs and Pool Toys located under the home next to the Double Enclosed Outside Showers * Sold Fully Furnished w/ well-stocked Kitchen (Owner Closet and Garage Items excluded) * 2022 Rental Season is Fully Booked w/ weeks 5/22 through 10/2 - Note: Owners Limit Weeks available for rent ... could generate more $ *** This Home is extremely Well-Cared for & it shows! There are so many Features you will want to discover for yourself ... Come See!
Directions
NC 12, East on Black Pine Rd, Left on North Cove Road, Left on Pipsis, Home on LeftOfficial MLS Disclaimer
The data relating to real estate for sale on this web site comes from the Broker Reciprocity
Program of the Outer Banks Association of REALTORS. This property located at 472 Pipsis Point Road in Corolla is provided
courtesy of Coldwell Banker Seaside Realty KH C: 252-202-3834. Information is believed to be accurate but is not
warranted. Copyrighted by Outer Banks Association of REALTORS. All Rights Reserved. IDX
information is provided by Shore Realty of the OBX exclusively for consumers, personal,
non-commercial use and may not be used for any purpose other than to identify prospective
properties consumers may be interested in purchasing. If this page disappears from this site it
means the property at 472 Pipsis Point Road in Corolla is no longer available for sale. If you are interested in this property
or have any questions about buying or selling real estate on the Outer Banks call Shore Realty. Local
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