Listing Details For 569 Porpoise Point in Corolla

Closing Price:
$1,499,900
569 Porpoise Point, Corolla, NC 27927
8 bd
8 ba
3474 sq ft
MLS #: 110854
Status: Closed

Sold Details

Status: Closed
Sold Price: $1,420,000.00
Closing Date: 11/23/2020
Contract Date: 10/7/2020
Seller Concessions: Yes
Concession Comments: $20,000.00
Total Days on Market:
Cumulative Days on Market: 742
Due Diligence Date: 11/7/2020

Listing Information

Area: Corolla Oceanside
Mls Status: Closed
Days On Market: 742
Cumulative Days On Market: 742
Listing Price: $1,499,900
Original Listing Price: $1,499,900
Possession: Close Of Escrow
Short Sale: No
Price Date: 11/24/2020
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 3474
Asking Price Per SqFt: $432.00
Heated Living Area Sq Ft: 3474
BedroomsTotal: 8
Bathrooms Full: 8
Year Built: 2005
Garage: Carport
Architectural Style: Reverse Floor Plan
Sub Type: Single Family Residence
Appliances: 2nd Dishwasher, 2nd Refrigerator, Disposal, Dryer, Dishwasher, Microwave, Refrigerator w/Ice Maker, Range/Oven, Stackable Washer/Dryer, Washer
Roof: Asphalt
Parking: Paved
Foundation: Piling
Pool: Yes
Pool Type: Private
Pool Features: Concrete, Heated, In Ground, Outdoor Pool, Private
Counter Tops: Granite
Cooling: Heat Pump
Interior Features: Cathedral Ceiling(s), Cedar Closet(s)
Heating: Heat Pump
Room Type: Game Room, Shipswatch
Flooring: Carpet, Ceramic Tile, Wood
Construction Materials: Frame, Wood Siding

Legal Description

Section: NA
County: Currituck
Subdivision: Ocean Sands
Deed Book: 1410
Deed Book Page Number: 373
County Pin Number: 126A0000240000D
Price Change: 11/23/2020
Block: N/A
Road Surface: Paved
Association Amenities: Ocean Access, Outdoor-Comm. Tennis

Lot Details

Lot Features: Adj. To Common Area, Beach Frontage, Cul-De-Sac
Waterfront: Ocean Front
View: Ocean
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2019
Annual Property Taxes: $8,306.00
Flood Zone: X
Water Source: Municipal
Contract Status Change Date: 11/24/2020
Estimated Annual Fee Amt: $600.00
Sewer: Public Sewer
Association Fee Includes: Security
Association Fee Yes or No: Yes

Financials

Bill Of Sale Amoung: 1
Bank/Institution Owned: No
Exterior: Cement Fiber Board
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
HOA Contact Name: Jean
Primary Residence: No
HOA Contact Info: 7573739111

Rental Income

Annual Rental Income: 170180
Rental Performance: 0.1198
Owner Rental Income 2021 Amount: 100289
Avertised Income 2021 Amount: 105520

Listing Agent Remarks

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

Directions

Ocean trail to Sect.D, E. on Marlin Way, N. on Porpoise Point last Ocean front on 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 569 Porpoise Point in Corolla is provided courtesy of Coldwell Banker Seaside Realty - KDH C: 252-202-2375. 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 569 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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