NOT LISTED FOR SALE

Estimated Value: $2,132,000 - $2,527,000

7 Beds
6 Baths
4,550 Sq Ft
$509/Sq Ft Est. Value

Last Sold October 23, 2020

Last sale price $1,385,000 $304 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $13,321/month

272 Days on Market

Highlights

  • Beach Front
  • In Ground Pool
  • Contemporary Architecture
  • Ocean View
  • 0.8 Acre Lot
  • Furnished

About This Home

As of October 2020

Stunning ocean views from this spectacular beachfront home in Whalehead Club! This well maintained secondary home has been well loved through the years and it shows! The owners took meticulous care of it in every way possible. From the new roof, new septic system, new paint and flooring, this home is sure to last for you & your loved ones for years to come! Enjoy your favorite beverage out on the pool, or sit on the weather-tech deck and enjoy the ocean view. This home features Granite countertops and large butchers block in the kitchen, gorgeous hardwood floors, soaring high ceilings, a game room with foos ball and pool table, a wet bar downstairs, an outdoor shower near the pool and hot tub, as well as new outdoor patio furnishings. New to a rental program, this home is estimated to get $226,132 in rental income for 2020! That's an outstanding almost 15% return. Don't miss this opportunity to purchase a one of a kind property while it lasts!

Last Agent to Sell the Property

Jessica Evans

License #314622 Listed on: 12/11/2019

Last Buyer's Agent

Jessica Evans

License #314622 Listed on: 12/11/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,720

Year Built

  • Built in 1987

Lot Details

  • 0.8 Acre Lot
  • Beach Front

HOA Fees

  • $4 Monthly HOA Fees

Home Design

  • Contemporary Architecture

Interior Spaces

  • 4,550 Sq Ft Home
  • Furnished
  • Ocean Views

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 6 Full Bathrooms

Pool

  • In Ground Pool
  • Outdoor Pool

Community Details

  • Whalehead Club Association
  • Whalehead Club Subdivision

Listing and Financial Details

  • Tax Lot lot 2

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,720

Year Built

Built in 1987

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary
  • Directions: Make a right on Bonito St. off Hwy 12.Take your third left onto Lighthouse Drive. House is on the right.
  • Headline: Oceanfront Beauty in Corolla
  • Heated Sq Ft: 4550
  • L V T Date: 12/11/2019
  • Sale/Rent: For Sale
  • Section: 5
  • Waterfront Location: Oceanfront
  • Advertised Income 2020: 95390
  • Deed Book Pg Number: 871
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C18181
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 7
  • Full Bathrooms: 6
  • Furnishings Available: Yes

Exterior Features

  • Pool: Yes
  • Pool: Private
  • Pool Type: In Ground, Private Pool
  • View: Ocean

Condo/Co-op/Association

  • Association Fee: Voluntary - Restrictive Covenants May Apply
  • Estimated Annual Fee: 50
  • Hoa Contact: Whalehead club
  • HOA Contact: Box 10993 Burke, VA 22009

Lot Info

  • Estimated Lot Sq Ft: 34848
  • Lot Description: Beach Frontage, Water Frontage
  • Lot Number: lot 2
  • Estimated Lot Size: 0.80
  • Deed Book: 460

Rental Info

  • Est Annual Rental Income: 226000
  • Estimated Rental Performance: 0.1632
  • Rental Co: Carolina Designs
  • Rental Cottage Name: Whalehead Sunrise
  • Rental Turnover Day: Sunday
  • Rental Contact Email: kip.mcdonald@carolinadesigns.com
  • Rental Contact Name: Kip McDonald
  • Rental Contact Phone: 252-261-3934 x 6235

Building Info

  • Year Built: 1987

Tax Info

  • Year: 2019
  • Taxes: 9720.27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2019
Closed on
Oct 23, 2020
Sold by
Tiller Edward H and Tiller Joyce A
Bought by
Weslo Ventures Llc
Seller's Agent
Jessica Evans
Buyer's Agent
Jessica Evans
List Price
$1,499,000
Sold Price
$1,385,000
Premium/Discount to List
-$114,000
-7.61%
Current Estimated Value
$2,313,832

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$928,832
Avg. Annual Appreciation
10.96%

Purchase Details

Closed on
Apr 15, 1999
Bought by
Tiller Edward H and Tiller Joyce A
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Weslo Ventures Llc $1,385,000 None Available
Tiller Edward H $470,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tiller Edward H $810,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2020 10/23/20 Sold $1,385,000 -7.6% $304 / Sq Ft
09/08/2020 09/08/20 Pending -- -- --
03/03/2020 03/03/20 For Sale $1,499,000 0.0% $329 / Sq Ft
01/29/2020 01/29/20 Price Changed $1,499,000 -3.3% $329 / Sq Ft
01/21/2020 01/21/20 Pending -- -- --
12/11/2019 12/11/19 For Sale $1,550,000 -- $341 / 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 $11,872 $1,384,900 $1,094,800 $290,100
2023 $10,737 $1,384,900 $1,094,800 $290,100
2022 $10,008 $1,384,900 $1,094,800 $290,100
2021 $9,993 $1,316,300 $833,000 $483,300
2020 $9,720 $1,316,300 $833,000 $483,300
2019 $9,720 $1,316,300 $833,000 $483,300
2018 $9,720 $1,316,300 $833,000 $483,300
2017 $9,030 $1,316,300 $833,000 $483,300
2016 $9,113 $1,316,300 $833,000 $483,300
2015 $9,097 $1,316,300 $833,000 $483,300
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Outer Banks Association of REALTORS®

MLS Number: 107582

Outer Banks Association of REALTORS®

APN: 115A-000-0002-0005