NOT LISTED FOR SALE

1060 Whalehead Dr Corolla, NC 27927

Estimated Value: $1,680,129 - $1,865,000

9 Beds
9.5 Baths
5,430 Sq Ft
$323/Sq Ft Est. Value

Last Sold May 12, 2022

Last sale price $1,500,000 $276 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $10,080/month

13 Days on Market

Highlights

  • Ocean View
  • Home Theater
  • Second Refrigerator
  • Beach Access
  • Cabana
  • Coastal Architecture

About This Home

As of May 2022

Stunning 9 bedroom (6 ensuites) home close to the beach in Whalehead with an ELEVATOR. This home is a rental beast boasting hardwood flooring, lots of windows and natural light, media room, gameroom, heated pool with TIKI bar, volleyball court & basketball hoop to occupy your crew. The kitchen has 2 ovens, 2 dishwashers, 2 microwaves to help the cook of the group. Oceans Nine is close to the Currituck lighthouse, the Whalehead Club, the wild horses of the 4 wheel drive beaches, restaurants and shopping! There is a new top floor HVAC unit and this home is in an x flood zone. Invest here.

Last Agent to Sell the Property

Stacey Baittinger

Carolina Designs Realty License #204729 Listed on: 03/04/2022

Last Buyer's Agent

Lauren Rickard

Coldwell Banker Seaside Realty KH License #269694

Coldwell Banker Seaside Realty KH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,070

Year Built

  • Built in 2006

Lot Details

  • 20,038 Sq Ft Lot
  • Lot Dimensions are 100 x 200
  • Fenced Yard
  • Level Lot

HOA Fees

  • $4 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

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

Interior Spaces

  • 5,430 Sq Ft Home
  • Elevator
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Entrance Foyer
  • Home Theater
  • Game Room
  • Ocean Views

Kitchen

  • Built-In Oven
  • Microwave
  • Second Refrigerator
  • Freezer
  • Second Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 9 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector

Accessible Home Design

  • Handicap Accessible

Pool

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

Outdoor Features

  • Beach Access
  • Sun Deck
  • Covered Deck
  • Tiki or Chickee Hut

Utilities

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

Community Details

  • Https://Www.Wpoa.Org/ Association
  • Whalehead Club Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Tax Lot 42

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,070

Year Built

Built in 2006

Lot Details

0.46 Acres

HOA Fees

$4 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Extras: Beach Access, Cabana, Ceiling Fan(s), Common Laundry Area, Covered Decks, Elevator, Fenced Yard, Handicap Friendly, Hot Tub, Outside Shower, Smoke Detector(s), Storm Doors, Storm Windows, Sun Deck, Tiki Bar
  • Flood Zone: X
  • Headline: Rental producer! Elevator
  • Heated Sq Ft: 5430
  • L V T Date: 03/04/2022
  • Roads: Public
  • Sale/Rent: For Sale
  • Waterfront Location: 4 - lots from oceanfront (5th row)
  • Zoning: res
  • Advertised Income 2020: 107007
  • Advertised Income 2021: 119622
  • Advertised Income 2022: 128840
  • Deed Book Pg Number: 690
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C6124
  • Outer Banks Software: Yes
  • Short Term Rental Restrictions: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Freezer, Microwave, Range/Oven, Refrigerator, Wall Oven, Washer, 2nd Dishwasher, 2nd Refrigerator
  • Bedrooms: 9
  • Countertops: Granite
  • Floor Coverings: Tile, Hardwood
  • Foundation: Piling, Slab
  • Full Bathrooms: 9
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Gas Fireplace, Ensuite, Some Windows Treated, Walk in Closet, Wet Bar
  • Optional Rooms: Foyer, Game Room, Media Room
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool: Private
  • Pool Type: In Ground, Fiberglass, Heated, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 100
  • View: Ocean

Garage/Parking

  • Parking: Off Street

Utilities

  • Cooling: Central, Heat Pump, Zoned
  • Heating: Central, Heat Pump, Zoned
  • Septic Fee: 1500
  • Sewer/Septic System: Private Septic
  • Water: Municipal

Condo/Co-op/Association

  • Association Fee: Voluntary - Restrictive Covenants May Apply
  • Estimated Annual Fee: 45
  • Hoa Contact: https://www.wpoa.org/
  • HOA Contact: https://www.wpoa.org/
  • Home Owner Dwelling Insurance: 500

Lot Info

  • Estimated Lot Sq Ft: 20038
  • Lot Description: Level
  • Lot Faces: E
  • Lot Size: 100 x 200
  • Lot Number: Lot 42
  • Estimated Lot Size: 0.46
  • Deed Book: 1120

Rental Info

  • Est Annual Rental Income: 170000
  • Estimated Rental Performance: 0.1133
  • Other Expenses: 490
  • Other Expenses2: 890
  • Other Expenses3: 1050
  • Other Insurance Expenses: 9532
  • Poolspa Expense: 2600
  • Rental Co: Twiddy and Company
  • Rental Cottage Name: Oceans Nine
  • Rental Cottage Number: J41060
  • Rental Phone Number: 252-457-1100
  • Rental Turnover Day: Saturday
  • Yearly Expense Actual Estimate: Estimated
  • Annual Cable TV Expense: 2381
  • Annual Electric: 4600
  • Annual Water Expense: 1400
  • Rental Contact Email: jkavanaugh@twiddy.com
  • Rental Contact Name: Jen Kavanaugh
  • Rental Contact Phone: 888-710-2120

Building Info

  • Year Built: 2006

Tax Info

  • Year: 2021
  • Taxes: 7069.72

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2022
Closed on
May 4, 2022
Sold by
Kim A Feldman Living Trust
Bought by
Mlmf Llc
Seller's Agent
Stacey Baittinger
Carolina Designs Realty
Buyer's Agent
Lauren Rickard
Coldwell Banker Seaside Realty KH
List Price
$1,599,000
Sold Price
$1,500,000
Premium/Discount to List
-$99,000
-6.19%
Current Estimated Value
$1,754,043

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$254,043
Avg. Annual Appreciation
4.11%
Original Mortgage
$1,200,000
Outstanding Balance
$1,126,630
Interest Rate
4.67%
Mortgage Type
Balloon
Estimated Equity
$627,413

Purchase Details

Closed on
Mar 5, 2010
Sold by
Deutsche Bank National Trust Company
Bought by
Feldman Uri and Uri Feldman Revocable Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 21, 2009
Sold by
Thomas William and Fletcher Grant E
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Jul 20, 2005
Sold by
Radcilff Veronica B and Radcilff Berkely B
Bought by
Thomas Wiliam M and Thomas Kathleen B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,600,000
Interest Rate
5.51%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
Mlmf Llc $7,500,000 Sharp Starkey
Feldman Uri $950,000 None Available
Deutsche Bank National Trust Company $1,571,103 None Available
Thomas Wiliam M $725,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mlmf Llc $1,200,000
Previous Owner Feldman Uri $600,000
Previous Owner Thomas Wiliam M $1,600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/12/2022 05/12/22 Sold $1,500,000 -6.2% $276 / Sq Ft
03/17/2022 03/17/22 Pending -- -- --
03/04/2022 03/04/22 For Sale $1,599,000 -- $294 / Sq Ft
Source: Outer Banks Association of REALTORS®

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 $8,434 $936,700 $230,000 $706,700
2024 $8,434 $936,700 $230,000 $706,700
2023 $8,418 $936,700 $230,000 $706,700
2022 $7,085 $936,700 $230,000 $706,700
2021 $7,070 $874,200 $250,000 $624,200
2020 $6,653 $874,200 $250,000 $624,200
2019 $6,653 $874,200 $250,000 $624,200
2018 $6,653 $874,200 $250,000 $624,200
2017 $6,180 $874,200 $250,000 $624,200
2016 $6,226 $874,200 $250,000 $624,200
2015 -- $874,200 $250,000 $624,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 117866

Outer Banks Association of REALTORS®

APN: 115A-000-0042-0004

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