NOT LISTED FOR SALE

1012 Whalehead Dr Corolla, NC 27927

Estimated Value: $938,000 - $1,169,386

6 Beds
5 Baths
3,123 Sq Ft
$337/Sq Ft Est. Value

Last Sold April 29, 2022

Last sale price $1,140,000 $365 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $5,886/month

3 Days on Market

Highlights

  • Community Beach Access
  • Heated In Ground Pool
  • Coastal Architecture
  • Ocean View
  • Second Refrigerator
  • Cathedral Ceiling

About This Home

As of April 2022

OFFER DEADLINE UNDAY 3/13/22 at 5pm - decision to be made by MONDAY. With coastal-inspired updates inside and out, ocean views from the top level, and almost $90k already booked for 2022, this turnkey 6 BR, 5 BA home in Whalehead is the perfect combination of "nauti" and nice! On the top level, you'll find a BRAND NEW KITCHEN with new shaker style cabinets, beautiful quartz countertops, stainless appliances, tile backsplash, and island for gathering. Casual dining options abound inside and out, with a spacious dining room attached to the kitchen, a large covered porch, and a counter-height dinette in the great room perfect for game night. The living area is open and welcoming, with lots of windows, a vaulted ceiling with wooden planked accents, plenty of space for lounging, and a new dry bar! This home has been refreshed inside and out, including exterior siding and paint, luxury plank flooring and freshly-painted top floor living spaces and new carpeting throughout. Ready to breathe in the salty air? Step out onto the huge sun deck with ocean views galore. At bedtime, retire to your top floor owners suite with private bath featuring a soaking tub. On the mid-level, you'll find four spacious bedrooms (two of which offer ensuite baths, with the other two sharing a hall bath). The ground level was made for good times with lots of options for year-round fun: enjoy a rousing match around the shuffleboard table or watch a late-night movie in the game room, head outside to shoot some hoops, make a splash in your private pool, or spend an evening under the stars in the hot tub. The laundry area with additional storage, as well as an outdoor shower, can also be found on this level. Located a stone's throw from the ocean, your next beach day is just a few steps away! Explore your surroundings via the multi-use path, with the Whalehead Club, Corolla Light and great local shops and restaurants nearby. Whether you're looking for an income-producing rental machine or a getaway for making memories with loved ones, this home is for you!

Last Agent to Sell the Property

Danielle Taylor

Keller Williams - Outer Banks License #273134 Listed on: 03/11/2022

Keller Williams - Outer Banks

Last Buyer's Agent

Catherine Strachan

Brindley Beach Vacations & Sales-Duck License #246162

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,886

Year Built

  • Built in 1989

Lot Details

  • 0.46 Acre Lot

HOA Fees

  • $4 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 3,123 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Game Room
  • Ocean Views

Kitchen

  • Built-In Oven
  • Built-In Range
  • Microwave
  • Second Refrigerator
  • Dishwasher
  • Quartz Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Tuck Under Parking
  • Paved Parking
  • Off-Street Parking

Pool

  • Heated In Ground Pool
  • Outdoor Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Covered Deck

Utilities

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

Listing and Financial Details

  • Tax Lot 43

Community Details

Overview

  • Wpoa.Org Association
  • Whalehead Club Subdivision

Recreation

  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,886

Year Built

Built in 1989

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Directions: From 12-North: Turn right on Bonito St., then left on Whalehead Drive. Continue on Whalehead Drive for .9 miles; 1012 will be on your left.
  • Extras: Ceiling Fan(s), Covered Decks, Hot Tub, Outside Shower, Sun Deck, Dry Entry, Inside Laundry Room
  • Flood Zone: X
  • Headline: $89k booked;proj. $122k 2022!
  • Heated Sq Ft: 3123
  • L V T Date: 03/11/2022
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: 6
  • Waterfront Location: 3 - lots from oceanfront (4th row)
  • Zoning: Res
  • Advertised Income 2020: 68516
  • Advertised Income 2021: 104242
  • Advertised Income 2022: 89897
  • Deed Book Pg Number: 632
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C30917
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Countertop Range, Dishwasher, Dryer, Microwave, Refrigerator, Wall Oven, Washer, 2nd Refrigerator
  • Bedrooms: 6
  • Countertops: Quartz
  • Electronic Locks: Leased
  • Floor Coverings: Carpet, Tile, Plank
  • Foundation: Piling
  • Full Bathrooms: 5
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, Cathedral Ceiling(s), Dryer Connection, Ensuite, Washer Connection
  • Optional Rooms: Game Room

Exterior Features

  • Construction: Frame
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Heated, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Garage: Carport
  • Parking: Paved, Off Street, Under

Utilities

  • Cooling: Central, Heat Pump
  • Heating: Central, Electric, Heat Pump
  • Septic Fee: 300
  • Sewer/Septic System: Private Septic
  • Water: Municipal

Condo/Co-op/Association

  • Association Amenities: Ocean Access
  • Association Fee: Voluntary - Restrictive Covenants May Apply
  • Estimated Annual Fee: 45
  • Hoa Contact: wpoa.org
  • HOA Contact: Whalehead POA
  • Home Owner Dwelling Insurance: 1291

Lot Info

  • Estimated Lot Sq Ft: 20000
  • Lot Number: Lot 43
  • Estimated Lot Size: 0.46
  • Deed Book: 1623

Rental Info

  • Est Annual Rental Income: 122800
  • Estimated Rental Performance: 0.1077
  • Flood Expenses: 858
  • Lease Terms: Weekly
  • Other Expenses: 600
  • Other Expenses2: 1275
  • Other Expenses3: 2540
  • Poolspa Expense: 3000
  • Rental Co: Beach Realty & Construction
  • Rental Cottage Name: Nauti Gulls
  • Rental Cottage Number: C0499
  • Rental Phone Number: 800-635-1559
  • Rental Turnover Day: Saturday
  • Total Expenses: 22329
  • Yearly Expense Actual Estimate: Estimated
  • Annual Cable TV Expense: 2867
  • Annual Electric: 4466
  • Annual Water Expense: 1486
  • Rental Contact Email: scott@beachrealtync.com
  • Rental Contact Name: Scott Quigley
  • Rental Contact Phone: 252-255-4370

Building Info

  • Year Built: 1989

Tax Info

  • Year: 2021
  • Taxes: 3885.6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2022
Closed on
Apr 22, 2022
Sold by
Nauti 1012 Whalehead Llc
Bought by
Obrien James E and Obrien Michelle M
Seller's Agent
Danielle Taylor
Keller Williams - Outer Banks
Buyer's Agent
Catherine Strachan
Brindley Beach Vacations & Sales-Duck
List Price
$1,099,000
Sold Price
$1,140,000
Premium/Discount to List
$41,000
3.73%
Current Estimated Value
$1,052,597

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$87,403
Avg. Annual Appreciation
-2.15%
Original Mortgage
$912,000
Outstanding Balance
$852,897
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$199,700

Purchase Details

Closed on
May 14, 2021
Sold by
Scott Carl Eric and Scott Carrie Jaye
Bought by
Nauti 915 Whalehead Llc

Purchase Details

Listed on
Oct 26, 2015
Closed on
Oct 17, 2016
Sold by
Thompson James A and Thompson Mary J
Bought by
Scott Carl Eric and Scott Carrie Jaye
Seller's Agent
Heather McLay
OBX Homes
Buyer's Agent
Danielle Taylor
Keller Williams - Outer Banks
List Price
$489,000
Sold Price
$414,000
Premium/Discount to List
-$75,000
-15.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.68%
Original Mortgage
$291,018
Interest Rate
3.46%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 12, 1998
Bought by
Thompson James A and Thompson Mary J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Obrien James E $2,280 None Listed On Document
Nauti 915 Whalehead Llc -- None Available
Scott Carl Eric $414,000 Attorney
Thompson James A $253,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Obrien James E $912,000
Previous Owner Scott Carl Eric $291,018
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/29/2022 04/29/22 Sold $1,140,000 +3.7% $365 / Sq Ft
03/14/2022 03/14/22 Pending -- -- --
03/11/2022 03/11/22 For Sale $1,099,000 +165.5% $352 / Sq Ft
10/18/2016 10/18/16 Sold $414,000 -15.3% $190 / Sq Ft View Prior Sale
05/20/2016 05/20/16 Pending -- -- --
10/26/2015 10/26/15 For Sale $489,000 -- $225 / 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 $4,611 $504,400 $230,000 $274,400
2024 $4,611 $504,400 $230,000 $274,400
2023 $4,595 $504,400 $230,000 $274,400
2022 $3,901 $504,400 $230,000 $274,400
2021 $3,886 $513,800 $250,000 $263,800
2020 $3,907 $513,800 $250,000 $263,800
2019 $3,906 $513,800 $250,000 $263,800
2018 $3,906 $467,000 $250,000 $217,000
2017 $3,323 $467,000 $250,000 $217,000
2016 $3,345 $467,000 $250,000 $217,000
2015 $3,346 $467,000 $250,000 $217,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 117956

Outer Banks Association of REALTORS®

APN: 115A-000-0043-0006