Listing Details For 557 Porpoise Point in Corolla

Closing Price:
$799,000
557 Porpoise Point, Corolla, NC 27927
5 bd
2 ba
1920 sq ft
MLS #: 110927
Status: Closed

Sold Details

Status: Closed
Sold Price: $771,000.00
Closing Date: 1/19/2021
Contract Date: 11/14/2020
Seller Concessions: Yes
Concession Comments: $5,540 closing credit
Total Days on Market:
Cumulative Days on Market: 380

Listing Information

Area: Corolla Oceanside
Mls Status: Closed
Days On Market: 380
Cumulative Days On Market: 380
Listing Price: $799,000
Original Listing Price: $799,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 1/19/2021
Furnishing Available: Yes
Bill Of Sale Amount: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 1920
Asking Price Per SqFt: $416.00
Heated Living Area Sq Ft: 1920
BedroomsTotal: 5
Bathrooms Full: 2
Bathrooms Partial: 1
Year Built: 1984
Garage: Carport
Architectural Style: Reverse Floor Plan, Coastal
Sub Type: Single Family Residence
Appliances: Dryer, Dishwasher, Microwave, Refrigerator, Range/Oven, Washer
Roof: Asphalt
Parking: Off Street, Paved
Foundation: Piling
Pool: No
Counter Tops: Laminate
Cooling: Central Air, Heat Pump
Interior Features: Cathedral Ceiling(s)
Heating: Electric, Heat Pump
Room Type: Library
Flooring: Ceramic Tile, Plank, Vinyl Tile
Construction Materials: Frame, Wood Siding

Legal Description

Section: D
County: Currituck
Subdivision: Ocean Sands
Deed Book: 1070
Deed Book Page Number: 165
County Pin Number: 126A0000234000D
Price Change: 1/18/2021
Block: NA
Road Surface: Paved, Private
Association Amenities: Ocean Access, Outdoor-Comm. Tennis

Lot Details

Land Tax Value: 700000
Total Assessed Value: 860500
Lot Size Acres: 0.14
Lot Features: Beach Frontage, Cul-De-Sac, Waterfront
Waterfront: Ocean Front
View: Ocean
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2019
Annual Property Taxes: $6,263.00
Flood Zone: X
Water Source: Municipal
Yearly Water Expense: 1723
Other Yearly Expense: 122
Pool Or Spa Expense: 2449
Yearly Expense: Actual
Yearly Elecric Expense: 5300
Yearly Cable Tv Expense: 2906
Contract Status Change Date: 1/19/2021
Estimated Annual Fee Amt: $600.00
Sewer: Shared Septic
Association Fee Includes: Electricity, Common Insurance, Road Maintenance, Tennis Courts, Walkways
Association Fee Yes or No: Yes

Financials

Bill Of Sale Amoung: 1
Bank/Institution Owned: No
Exterior: Cement Fiber Board
HashTag of Units: 0
Extras: Ceiling Fan(s),Hot Tub,Outside Shower,Inside Laundry Room
HOA Contact Name: Kathy Regan, Signature Touch
Primary Residence: No
HOA Contact Info: (252) 441-8858

Rental Income

Annual Rental Income: 87679
Rental Performance: 0.1137

Listing Agent Remarks

Oceanfront performer - 11% GRI and under $800,000! Charming beach home in Corolla nestled behind a high and stable dune with gorgeous ocean views and a wide inviting beach. RENTERS LOVE this home and it generates consistent, big numbers. Impeccable condition, tons of character - this is an incredible oceanfront cottage. Desirable neighborhood with uncrowded beaches and community tennis courts. Centrally located, you can jump on the Corolla pedestrian/bike path and enjoy easy access to shops, restaurants, golf and more. This cozy cottage has everything you need for a perfect beach getaway, with lots of room to spread out. Be on the lookout for dolphins while you enjoy the sunrise over the ocean on your upper deck. The open floor plan of the living/dining/kitchen is bright and spacious with updated stainless appliances and plenty of counter space. There are two bedrooms on the top floor as well as a hall bath. On the mid level you will find a cozy open den area, perfect for a kids hang out or quiet place to read. There is also a shaded deck for lazy afternoons and an outdoor hot tub for night time soaks under the stars while you listen to the waves. Three additional bedrooms and a full and half bath complete this home. The culdesac location means low traffic. Two covered parking spots and large driveway mean room for everyone. The work has been done for you - exterior siding and exterior paint, soffit, fascia, lattice and brand new luxury plank flooring on lower level, new hot tub 2015. HVAC in 2016. The manageable home size also means manageable expenses! This is a real gem - don't forget to check out the virtual tour https://my.matterport.com/show/?m=D4Lt21ZZ1Xk&mls=1&help=1

Directions

East from Hwy 12 onto Marlin (Section D Ocean Sands), straight to ocean and left on Porpoise Pt. House is on the right.

Official 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 557 Porpoise Point in Corolla is provided courtesy of Keller Williams - Outer Banks C: 252-489-9185. 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 557 Porpoise Point 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 252-441-3416 OR 800-647-1868.

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