NOT LISTED FOR SALE

1044 Whalehead Dr Corolla, NC 27927

Estimated Value: $1,275,000 - $1,381,113

8 Beds
7.5 Baths
4,538 Sq Ft
$289/Sq Ft Est. Value

Last Sold August 08, 2013

Last sale price $615,000 $136 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $7,299/month

398 Days on Market

Highlights

  • Ocean View
  • Second Refrigerator
  • Furnished
  • In Ground Pool
  • Cathedral Ceiling
  • Game Room

About This Home

As of August 2013

Big, Bigger & Biggest is the only way to describe this 8 bedroom 7.5 bathroom home that has over 4,500 square feet. This property was originally built in 1989 as a 4 bedroom 3.5 bathroom. After the home sold in 2004 the current owner completed a whole house remodel creating what you see today. The layout of this house is different than anything you have ever seen and for that reason renters love it. Large bedrooms and a gigantic game room are just a few of the features that you will love! Enjoy your morning coffee on one of the decks while watching the sunrise over the Atlantic Ocean. Then your next decision will be if you want to take a quick walk to the beach or move downstairs to enjoy your own private pool & hot tub. Decisions, Decisions, Decisions......

Last Agent to Sell the Property

Matt Myatt

Keller Williams - Outer Banks License #218707 Listed on: 06/07/2012

Keller Williams - Outer Banks

Last Buyer's Agent

Michael Lancsek

Surfside Realty License #227754

Surfside Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,409

Year Built

  • Built in 1989

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 100x200
  • Property fronts a private road
  • Level Lot

Home Design

  • Reverse Style Home
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 4,538 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Game Room
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Second Refrigerator
  • Ice Maker
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Parking

  • Paved Parking
  • Off-Street Parking

Pool

  • In Ground Pool
  • Spa
  • Fiberglass Pool

Outdoor Features

  • Sun Deck
  • Covered Deck

Utilities

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

Community Details

  • Whalehead Club Subdivision

Listing and Financial Details

  • Tax Lot #48

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,409

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: Highway 12 - East Herring Street (Corolla Bay) - North on Whalehead. House just before Sturgeon St.
  • Extras: Ceiling Fan(s), Covered Decks, Hot Tub, Smoke Detector(s), Sun Deck
  • Flood Zone: X
  • Headline: Remodeled w/ addition in 2006!
  • Heated Sq Ft: 4538
  • Potential Short Sale: Yes
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Section: 5
  • Waterfront Location: 3 - lots from oceanfront (4th row)
  • Zoning: Res
  • Deed Book Pg Number: 490
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer, 2nd Refrigerator
  • Bedrooms: 8
  • Countertops: Laminate
  • Floor Coverings: Carpet, Ceramic Tile, Vinyl
  • Foundation: Piling, Slab
  • Full Bathrooms: 7
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Some Windows Treated, Washer Connection
  • Optional Rooms: Game Room
  • Partial Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Parking: Paved, Off Street

Utilities

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

Lot Info

  • Estimated Lot Sq Ft: 20000
  • Lot Description: Level
  • Lot Size: 100x200
  • Lot Number: Lot #48
  • Deed Book: 1011

Rental Info

  • Est Annual Rental Income: 79000
  • Estimated Rental Performance: 0.1285
  • Other Expenses: 500000
  • Rental Co: Vacasa - North
  • Rental Cottage Name: Five for Fun
  • Rental Cottage Number: 444
  • Rental Phone Number: 252.453.9660
  • Rental Turnover Day: Saturday

Building Info

  • Year Built: 1989

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2011
  • Taxes: 3409

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2012
Closed on
Aug 7, 2013
Sold by
Friday Stephen B and Friday Tracey F
Bought by
Aldridge Thoma G and Aldridge Anna C
Seller's Agent
Matt Myatt
Keller Williams - Outer Banks
Buyer's Agent
Michael Lancsek
Surfside Realty
List Price
$875,000
Sold Price
$615,000
Premium/Discount to List
-$260,000
-29.71%
Current Estimated Value
$1,310,278

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$695,278
Avg. Annual Appreciation
6.28%
Original Mortgage
$415,000
Outstanding Balance
$307,220
Interest Rate
4.43%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$1,003,058

Purchase Details

Closed on
Oct 4, 2012
Sold by
Vaughan Michael S and Vaughan Laura T
Bought by
Friday Stephen B and Friday Tracey L

Purchase Details

Closed on
May 2, 2007
Sold by
Friday Stephen B and Friday Tracey L
Bought by
Vaughn Michel S and Vaughn Laura T
Source: Public Records

Range of Values:

--
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
Aldridge Thoma G $615,000 None Available
Friday Stephen B -- None Available
Vaughn Michel S $531,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aldridge Thoma G $415,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/08/2013 08/08/13 Sold $615,000 -29.7% $136 / Sq Ft
07/10/2013 07/10/13 Pending -- -- --
06/07/2012 06/07/12 For Sale $875,000 -- $193 / 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 $5,450 $597,100 $230,000 $367,100
2024 $5,450 $597,100 $230,000 $367,100
2023 $4,909 $597,100 $230,000 $367,100
2022 $4,586 $597,100 $230,000 $367,100
2021 $4,568 $613,500 $250,000 $363,500
2020 $4,678 $613,500 $250,000 $363,500
2019 $4,667 $613,500 $250,000 $363,500
2018 $0 $613,500 $250,000 $363,500
2017 $4,333 $613,500 $250,000 $363,500
2016 $4,395 $613,500 $250,000 $363,500
2015 -- $613,500 $250,000 $363,500
Source: Public Records

Agents Affiliated with this Home

  • Matt Myatt

    Seller's Agent in 2013

    Matt Myatt

    Keller Williams - Outer Banks

    (252) 207-6588

    159 in this area

    362 Total Sales

    Matt Myatt
    Section Image

  • M

    Buyer's Agent in 2013

    Michael Lancsek

    RE/MAX

    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 75172

Outer Banks Association of REALTORS®

APN: 115A-000-0048-0005

North Carolina Currituck County Corolla 27927

1044 Whalehead Dr, Corolla, NC

Not Listed for Sale

Detached

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