NOT LISTED FOR SALE

Estimated Value: $1,050,000 - $1,070,000

5 Beds
4 Baths
2,300 Sq Ft
$460/Sq Ft Est. Value

Last Sold March 07, 2014

Last sale price $520,000 $226 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $6,242/month

291 Days on Market

Highlights

  • Ocean View
  • Contemporary Architecture
  • Wood Flooring
  • Spa
  • Cathedral Ceiling
  • Furnished

About This Home

As of March 2014

House sits on a large lot 3rd in from corner with a very short walk to the beach. Quality constructed, well maintained & appointed with tiled entry foyer, wrap around ample decks & dramatic windows to enjoy the stellar ocean views. Upper level has a spacious great room with gas fireplace, open kitchen with breakfast bar, dining area that leads out to a large screened porch, ships-watch, wet bar,bedroom and extensive wrap around sun decks. Mid level has 2 master bedrooms, 2 additional bedrooms, full bath, wrap around covered deck & hot tub. Lower level has a spacious game room/TV room. This home has been extremely popular with the renters throughout the years.

Last Agent to Sell the Property

Martha Springer

Twiddy and Company - Corolla License #135162 Listed on: 05/19/2013

Last Buyer's Agent

Holleay Parcker

Spinnaker Realty, LLC License #193280

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,236

Year Built

  • Built in 1994

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 100x200
  • Landscaped
  • Property is zoned Res.

Parking

  • Paved Parking

Home Design

  • Contemporary Architecture
  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 2,300 Sq Ft Home
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Game Room
  • Screened Porch
  • Ocean Views
  • Washer and Dryer Hookup

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • 4 Full Bathrooms

Outdoor Features

  • Spa
  • Sun Deck
  • Covered Deck

Utilities

  • Heat Pump System
  • Municipal Utilities District Water
  • Private or Community Septic Tank

Community Details

  • Whalehead Club Subdivision

Listing and Financial Details

  • Tax Lot #34

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,236

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary, Reverse Floor Plan
  • Directions: E on Bonito N on Whalehead Dr. 3rd house on right passed Herring.
  • Extras: Ceiling Fan(s), Covered Decks, Hot Tub, Landscaped, Screened Porch, Sun Deck
  • Flood Zone: X
  • Subdivision Name: Whalehead Club
  • Headline: Ocean Views
  • Heated Sq Ft: 2300
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: 6
  • Waterfront Location: 2 - lots from oceanfront (3rd row
  • Zoning: Res.
  • Deed Book Pg Number: 22
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator w/Ice Maker
  • Bedrooms: 5
  • Floor Coverings: Carpet, Wood
  • Foundation: Piling
  • Full Bathrooms: 4
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Dryer Connection, Gas Fireplace, Ensuite, Pantry, Washer Connection, Wet Bar
  • Optional Rooms: Game Room

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Shakes, Wood
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 100
  • View: Ocean

Garage/Parking

  • Parking: Paved

Utilities

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

Lot Info

  • Estimated Lot Sq Ft: 20000
  • Lot Faces: E
  • Lot Size: 100x200
  • Lot Number: Lot#34
  • Deed Book: 1035

Rental Info

  • Est Annual Rental Income: 33260
  • Estimated Rental Performance: 0.064
  • Lease Terms: Weekly
  • Rental Co: Twiddy and Company
  • Rental Cottage Name: Miramar
  • Rental Cottage Number: J31005
  • Rental Phone Number: 457-1111
  • Rental Turnover Day: Sat.

Building Info

  • Year Built: 1994

Tax Info

  • Year: 2012
  • Taxes: 4236

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2013
Closed on
Mar 7, 2014
Sold by
Kennedy Joseph L
Bought by
Gerdes Keith M and Gerdes Sally H
Seller's Agent
Martha Springer
Twiddy and Company - Corolla
Buyer's Agent
Holleay Parcker
Spinnaker Realty, LLC
List Price
$585,000
Sold Price
$520,000
Premium/Discount to List
-$65,000
-11.11%
Current Estimated Value
$1,059,105

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$539,105
Avg. Annual Appreciation
6.31%
Original Mortgage
$520,000
Outstanding Balance
$400,055
Interest Rate
4.43%
Mortgage Type
New Conventional
Estimated Equity
$649,384

Purchase Details

Closed on
Dec 12, 2007
Sold by
Kennedy Joseph L and Kennedy Mary K
Bought by
Kennedy Joseph L and Kennedy Mary Katherine
Source: Public Records

Range of Values:

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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
Gerdes Keith M $520,000 None Available
Kennedy Joseph L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gerdes Keith M $520,000
Previous Owner Kennedy Joseph L $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2014 03/07/14 Sold $520,000 -11.1% $226 / Sq Ft
03/06/2014 03/06/14 Pending -- -- --
05/19/2013 05/19/13 For Sale $585,000 -- $254 / 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 $5,654 $636,400 $270,000 $366,400
2023 $5,654 $636,400 $270,000 $366,400
2022 $4,789 $636,400 $270,000 $366,400
2021 $4,774 $610,000 $270,000 $340,000
2020 $4,571 $610,000 $270,000 $340,000
2019 $4,571 $610,000 $270,000 $340,000
2018 $0 $610,000 $270,000 $340,000
2017 $4,246 $610,000 $270,000 $340,000
2016 $4,388 $610,000 $270,000 $340,000
2015 $4,308 $610,100 $270,000 $340,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 79160

Outer Banks Association of REALTORS®

APN: 115A-000-0034-0006