NOT LISTED FOR SALE

1002 Whalehead Dr Corolla, NC 27927

Estimated Value: $1,678,441 - $1,844,000

9 Beds
9.5 Baths
5,422 Sq Ft
$328/Sq Ft Est. Value

Last Sold May 25, 2022

Last sale price $1,568,430 $289 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $10,022/month

Highlights

  • Beach Access
  • Fiberglass Pool
  • Furnished
  • Home Theater
  • Coastal Architecture
  • Granite Countertops

About This Home

As of May 2022

2022 Rents $156K New Dishwashers New Wall Oven New LL Fridge Wine Coolers Stairs/Banisters at front entry New Pool Deck New Siding/Painting Kitchen refrigerators New Pool Heater Pump New Glass top in kitchen New steps into pool area Luxury home in Whalehead, a celebrated community in Corolla, boasting wild, unspoiled beaches. With 9 bedrooms - including 7 masters - and 9 bathrooms, this home is not only ideal for sharing the ultimate experience of beach living with your family and friends, it is well over 5000 square-feet. It is the perfect marketing machine for vacationing groups or as an event space boasting increasing rentals each year. The easy walk to the beach, just 200 yards away, accompanies the home’s commanding views and luxurious amenities to create a sophisticated yet fun approach to coastal living. This oceanside home is positioned in arguably one of the best locations on the beach. Only minutes from the Whalehead Club, Historic Corolla Park and the Currituck Lighthouse, this home boasts the best of two worlds: quiet coastal comfort in an ideal location. Inviting yet impressive, this home dazzles as soon as you turn into the drive. Met by a sand volleyball court out front, it’s easy to see the potential for family fun in the sun here. Wrapped in multi-level decks, this 3-story powerhouse is like an all-inclusive resort meets coastal cottage. A domestic playground dually offering all of the comforts of home. Contributing to this warmth, the layout of the top floor encourages relaxation and camaraderie. Take the elevator to the upper level and step out into an expansive living space featuring a living room with gas fireplace and views of the ocean. The magnificent room opens up into an expansive kitchen marked with beautiful columns, a design fit for a top chef. With capabilities for 2 refrigerators, 2 dishwashers and a wine cooler, it is easy to accommodate a large group here, where you can dance or cook around the kitchen with ease while the family moves around you comfortably. With features like roomy granite countertops and an eat-in island, everyone can take part in the culinary festivities in this house,. The vaulted ceilings in the living room bringing beautiful light into the comforting space while the gas fireplace and access to the top-level deck create a dynamic sanctuary. This living room is nestled in between two nooks: perfect spaces for large dining room tables and with entrances out to the sun deck off of each wing, a circulation of movement is inspired naturally. The top floor also features a convenient powder room, as well as one ultra-master suite comprising a bedroom with a large bathroom, jacuzzi tub, and private access to the deck, perfect for sunning, relaxing and taking in the view. The middle level of this great home is one dedicated to well-being and rest, as it offers the perfect space for a den or media room, as well as 5 master bedrooms, each with deck access. On the ground floor you will find an open concept for a game room with wet bar, a full hallway bath and a laundry room that holds up to two washers and two dryers. This floor is great for kids’ rooms, with 2 standard bedrooms and one more master. This fun floor opens up to the backyard, where the opportunities for favorite pastimes and joy are endless! An 18’x36’ pool is the centerpiece of the fully-decked, enclosed yard, which is also the perfect place for a hot tub to enjoy the outdoors at any time of year. Two outdoor showers and a tiki bar make it easy to come off of the beach and keep the enjoyment going for hours at home. In addition to the volleyball court out front, there is a horseshoe pit and a basketball court for the activity lovers in your group. This gorgeous home has it all: privacy and proximity, ease of access to sprawling, uncrowded beaches, and luxurious amenities cradled in coastal comfort that will create unforgettable beach experiences for all who enter this fun, fu

Last Agent to Sell the Property

Brook Sparks

Coldwell Banker Seaside Realty KH License #275425 Listed on: 03/04/2022

Coldwell Banker Seaside Realty KH

Last Buyer's Agent

Ray Meiggs

Twiddy and Co. - Duck License #290422

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,021

Year Built

  • Built in 2006

Lot Details

  • 0.46 Acre Lot

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Frame Construction
  • Asphalt Shingled Roof
  • Shake Siding

Interior Spaces

  • 5,422 Sq Ft Home
  • Elevator
  • Furnished
  • Home Theater
  • Game Room
  • Home Security System
  • Dryer

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Granite Countertops

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 9 Bedrooms
  • En-Suite Primary Bedroom

Pool

  • Fiberglass Pool
  • Outdoor Pool
  • Outdoor Shower

Outdoor Features

  • Beach Access
  • Tiki or Chickee Hut

Utilities

  • Central Heating and Cooling System
  • Municipal Utilities District Water
  • Fuel Tank
  • Private or Community Septic Tank

Community Details

  • Whalehead Club Subdivision

Listing and Financial Details

  • Tax Lot 38

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,021

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary, Coastal
  • Directions: Take a Right on Bonito. Take a left on Whalehead & house is on left.
  • Extras: Beach Access, Elevator, Outside Shower, Security System, Tiki Bar
  • Flood Zone: X
  • Headline: GREAT ROI! Major Upgrades!
  • Heated Sq Ft: 5422
  • L V T Date: 03/04/2022
  • Sale/Rent: For Sale
  • Waterfront Location: 3 - lots from oceanfront (4th row)
  • Zoning: RES
  • Deed Book Pg Number: 737
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • 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: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Wine Cooler
  • Bedrooms: 9
  • Countertops: Granite
  • Electronic Locks: Owned
  • Floor Coverings: Ceramic Tile, Wood Laminate
  • Full Bathrooms: 9
  • Furnishings Available: Yes
  • Interior Amenities: Ensuite
  • Optional Rooms: Game Room, Media Room
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame
  • Exterior: Shakes
  • Pool: Yes
  • Pool: Private
  • Pool Type: Fiberglass, Private Pool
  • Roof: Asphalt/Fiber Shingle

Utilities

  • Cooling: Central
  • Heating: Central
  • Fuel Tanks: Leased
  • Sewer/Septic System: Private Septic
  • Water: Municipal

Lot Info

  • Estimated Lot Sq Ft: 20038
  • Lot Number: Lot 38
  • Estimated Lot Size: 0.46
  • Deed Book: 1120

Rental Info

  • Est Annual Rental Income: 169865
  • Estimated Rental Performance: 0.1083
  • Lease Terms: Weekly
  • Rental Co: Beach Realty & Construction
  • Rental Cottage Number: C7001
  • Rental Phone Number: 252.453.4141
  • Rental Turnover Day: Sat
  • Rental Contact Email: scott@beachrealtync.com
  • Rental Contact Name: Beach Realty
  • Rental Contact Phone: 252.453.4141

Building Info

  • Year Built: 2006

Tax Info

  • Year: 2021
  • Taxes: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2022
Closed on
May 20, 2022
Sold by
Whalehead Resorts Llc
Bought by
1002 Whalehead Dr Llc
Seller's Agent
Brook Sparks
Coldwell Banker Seaside Realty KH
Buyer's Agent
Ray Meiggs
Twiddy and Co. - Duck
List Price
$1,550,000
Sold Price
$1,568,430
Premium/Discount to List
$18,430
1.19%
Current Estimated Value
$1,779,860

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$211,430
Avg. Annual Appreciation
3.57%

Purchase Details

Closed on
Mar 19, 2010
Sold by
Conti Stephen F and Conti Carol Ann
Bought by
Whalehead Resorts Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 2010
Sold by
Banister Daniel D and Banister Beverly
Bought by
Conti Stephen F and Conti Carol Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 29, 2005
Sold by
Williams Nancy W and Williams Douglas P
Bought by
Banister Daniel D and Banister Beverly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,690,000
Interest Rate
5.71%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
1002 Whalehead Dr Llc $1,568,500 None Listed On Document
Whalehead Resorts Llc -- None Available
Conti Stephen F $905,000 None Available
Banister Daniel D $760,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Conti Stephen F $417,000
Previous Owner Banister Daniel D $1,690,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/25/2022 05/25/22 Sold $1,568,430 +1.2% $289 / Sq Ft
03/04/2022 03/04/22 Pending -- -- --
03/04/2022 03/04/22 For Sale $1,550,000 -- $286 / 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
2025 $8,576 $956,700 $230,000 $726,700
2024 $8,576 $956,700 $230,000 $726,700
2023 $7,750 $956,700 $230,000 $726,700
2022 $7,085 $956,700 $230,000 $726,700
2021 $7,074 $883,600 $250,000 $633,600
2020 $6,610 $883,600 $250,000 $633,600
2019 $6,612 $883,600 $250,000 $633,600
2018 $0 $883,600 $250,000 $633,600
2017 $6,117 $883,600 $250,000 $633,600
2016 $6,165 $883,600 $250,000 $633,600
2015 -- $883,600 $250,000 $633,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 117865

Outer Banks Association of REALTORS®

APN: 115A-000-0038-0006