NOT LISTED FOR SALE

1048 Whalehead Dr Corolla, NC 27927

Estimated Value: $965,000 - $1,094,000

5 Beds
6 Baths
3,000 Sq Ft
$342/Sq Ft Est. Value

Last Sold February 19, 2019

Last sale price $490,000 $163 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $5,789/month

98 Days on Market

Highlights

  • Community Beach Access
  • Heated In Ground Pool
  • Cathedral Ceiling
  • Ocean View
  • Second Refrigerator
  • Corner Lot

About This Home

As of February 2019

Fabulous ocean views highlight “Dunescape,” a meticulously maintained home on a corner lot in popular Whalehead Beach with direct access to one of the prettiest stretches of beach on the Outer Banks. This beautifully appointed five bedroom home features four full bathrooms and two half baths so there is room for the whole family to enjoy a luxurious vacation home accented with bright beachy colors. The top level great room is highlighted by a dramatic vaulted ceiling that houses comfortable seaside furnishings with abundant seating for relaxing and dining. There is also a wood burning fireplace in the great room to take the chill off of cool fall evenings. A grand kitchen is fully appointed with granite, tile and top of the line stainless appliances to thrill the most accomplished chef. There is a large screened porch with comfy chairs to enjoy that morning cup of coffee or the evening cocktail. The mid-level features four bedrooms two of which are King Master Suites. The masters also offer deck access where you can enjoy hammock seating and a porch swing - perfect for lounging in the ocean breeze on the covered deck. The ground level has a bunk bedroom and entertainment/game room with a fridge and it is terrific for the kids with easy access to all of the outside fun. There are a total of seven flat screen televisions with DVD players located throughout this spacious house, so everyone can enjoy their own TV. Taking full advantage of the corner lot there is a large yard and pool area complete with a bubbling six person hot tub and large 16 x 32 heated swimming pool that is perfectly oriented to provide optimum sun all day long and refreshing swimming during the extended season. There is also a basketball goal and horseshoes for additional outdoor entertainment. This home has EVERYTHING necessary to enjoy an ideal Outer Banks Family Vacation and the excellent income production is the icing on the cake. This home would be the vacation rental investment home that builds memories.

Last Agent to Sell the Property

Susan Von Suskil

Howard Hanna Outer Banks Realt License #170335 Listed on: 10/02/2018

Howard Hanna Outer Banks Realt

Last Buyer's Agent

Richard Neher

Brindley Beach Vacations & Sales-Duck License #114134

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,386

Year Built

  • Built in 1992

Lot Details

  • 0.51 Acre Lot
  • Lot Dimensions are 110 x 200
  • Corner Lot
  • Property is zoned Res - 1

HOA Fees

  • $4 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 3,000 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Window Treatments
  • Game Room
  • Screened Porch
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Parking

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

Pool

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

Outdoor Features

  • Sun Deck
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Tax Lot 36

Community Details

Overview

  • Whalehead Club Subdivision

Recreation

  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,386

Year Built

Built in 1992

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: Route 12 North to Bonita, Right on Bonita, Left on Whalehead, #1048
  • Extras: Beach Access, Ceiling Fan(s), Hot Tub, Outside Lighting, Outside Shower, Screened Porch, Smoke Detector(s), Sun Deck
  • Flood Zone: AE
  • Subdivision Name: Whalehead Club
  • Headline: Corner lot home!
  • Heated Sq Ft: 3000
  • L V T Date: 10/04/2018
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: Section 4
  • Zoning: Res - 1
  • Deed Book Pg Number: 1000
  • Destination Commerce Corp: Yes
  • Office License Number: C5591
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer, 2nd Refrigerator
  • Bedrooms: 5
  • Countertops: Granite
  • Floor Coverings: Carpet, Ceramic Tile, Tile
  • Foundation: Piling
  • Full Bathrooms: 4
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Ice Maker Connection, Ensuite, Pantry, Skylight, Washer Connection, Wood Fireplace
  • Optional Rooms: Game Room
  • Partial Bathrooms: 2

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Wood
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Fiberglass, Heated, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 110
  • View: Ocean

Garage/Parking

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

Utilities

  • Cooling: Central, Heat Pump
  • Heating: Central, Electric, Forced Air, Heat Pump
  • 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

Lot Info

  • Estimated Lot Sq Ft: 22000
  • Lot Description: Corner
  • Lot Faces: South
  • Lot Size: 110 x 200
  • Lot Number: Lot 36
  • Estimated Lot Size: 0.51
  • Deed Book: 806

Rental Info

  • Lease Terms: Weekly
  • Other Expenses: 262500
  • Rental Co: Southern Shores Realty
  • Rental Cottage Name: Dunescape
  • Rental Cottage Number: 1084
  • Rental Phone Number: 252-261-2000
  • Rental Turnover Day: Saturday
  • Yearly Expense Actual Estimate: Actual

Building Info

  • Year Built: 1992

Tax Info

  • Year: 2018
  • Taxes: 4386.17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 28, 2020
Sold by
Belknap Randall Larson and Belknap Amy Elizabeth
Bought by
Belknap Randall Larson and Belknap Amy Elizabeth
Current Estimated Value
$1,026,552

Purchase Details

Listed on
Oct 2, 2018
Closed on
Feb 19, 2019
Sold by
Helm Frederick P and Helm Mary P
Bought by
Belknap Randall Larson
Seller's Agent
Susan Von Suskil
Howard Hanna Outer Banks Realt
Buyer's Agent
Richard Neher
Brindley Beach Vacations & Sales-Duck
List Price
$539,000
Sold Price
$490,000
Premium/Discount to List
-$49,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.35%
Original Mortgage
$367,500
Outstanding Balance
$321,795
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$704,757

Purchase Details

Closed on
Apr 27, 2007
Sold by
Cardozo Craig A and Cardozo Karen M
Bought by
Helm Frederick P and Helm Mary P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,000
Interest Rate
6.1%
Mortgage Type
Credit Line Revolving
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
Belknap Randall Larson -- None Available
Belknap Randall Larson $490,000 None Available
Helm Frederick P $700,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Belknap Randall Larson $367,500
Previous Owner Helm Frederick P $213,000
Previous Owner Helm Frederick P $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/19/2019 02/19/19 Sold $490,000 -9.1% $163 / Sq Ft
01/08/2019 01/08/19 Pending -- -- --
11/28/2018 11/28/18 For Sale $539,000 0.0% $180 / Sq Ft
11/08/2018 11/08/18 Pending -- -- --
10/02/2018 10/02/18 For Sale $539,000 -- $180 / 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 $5,073 $547,900 $241,500 $306,400
2024 $5,073 $547,900 $241,500 $306,400
2023 $5,057 $547,900 $241,500 $306,400
2022 $4,288 $547,900 $241,500 $306,400
2021 $4,273 $570,100 $262,500 $307,600
2020 $4,398 $570,100 $262,500 $307,600
2019 $4,398 $567,100 $262,500 $304,600
2018 $0 $567,100 $262,500 $304,600
2017 $4,074 $567,100 $262,500 $304,600
2016 $4,093 $567,100 $262,500 $304,600
2015 $4,103 $567,100 $262,500 $304,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 102187

Outer Banks Association of REALTORS®

APN: 115A-000-0036-0004