L
Seller's Agent in 2019
Linda Cole
Outer Banks Realty Group
1063 Whalehead Dr Corolla, NC 27927
Corolla NeighborhoodEstimated Value: $1,608,344
9
Beds
7.5
Baths
4,693
Sq Ft
$343/Sq Ft
Est. Value
Highlights
- Community Beach Access
- Cabana
- Coastal Architecture
- Ocean View
- Second Refrigerator
- Cathedral Ceiling
About This Home
As of March 2019SHALIMAR, named after the beautiful Shalimar gardens surrounding Lake Dal in Kasmir, India, translates to "Temple of Love" in Sanskrit. This fabulous 9 bedroom, 7.5 bath spacious resort home earns its name with 5 king size bed-rooms, 2 queen size, 2 twins and one Pyramid Bunk and easily accommodates up to 18 guests in comfort and style with projected income over $100K! There are great ocean views from the top level living room and large beautiful deck overlooking the glorious private pool situated on a generous half acre homesite. The game room is located on the ground level features a billiard table and large screen TV and has access to the roomy cabana, pool deck and oversized hot tub for entertaining with panache. The airy, open floor plan allows large gathering spaces for the whole gang to enjoy each other along with cozy nooks for settling in with a good book all by yourself. This home has everything that tenants love with televisions in all the bedrooms except the bunk room, easy beach access, comfortable seaside decor, a game room, spacious great room, a second refrigerator and a great location in popular Whalehead Beach with shopping, great restaurants, movie theater, Currituck Heritage Park, the Whalehead Club, Currituck Lighthouse and the wild horses of Corolla close at hand. You'll be enchanted by all that Shalimar has to offer.
Last Agent to Sell the Property
Linda Cole
Outer Banks Realty Group License #75547 Listed on: 04/20/2018
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,633
Year Built
- Built in 2005
Lot Details
- 0.46 Acre Lot
- Lot Dimensions are 100' x 200'
- Irregular Lot
HOA Fees
- $3 Monthly HOA Fees
Parking
- Paved Parking
Home Design
- Coastal Architecture
- Reverse Style Home
- Frame Construction
- Asphalt Shingled Roof
- Piling Construction
- Cement Board or Planked
- Masonry
Interior Spaces
- 4,693 Sq Ft Home
- Furnished
- Cathedral Ceiling
- Ceiling Fan
- Window Treatments
- Bay Window
- Entrance Foyer
- Game Room
- Utility Room
- Ocean Views
Kitchen
- Oven or Range
- Microwave
- Second Refrigerator
- Ice Maker
- Dishwasher
- Granite Countertops
Flooring
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 9 Bedrooms
- En-Suite Primary Bedroom
Laundry
- Dryer
- Washer
Pool
- Cabana
- In Ground Pool
- Outdoor Pool
- Vinyl Pool
- Spa
Utilities
- Zoned Heating and Cooling
- Heat Pump System
- Municipal Utilities District Water
- Private or Community Septic Tank
Listing and Financial Details
- Tax Lot # 30
Community Details
Overview
- Whalehead Property Owners Ass Association
- Built by Matt Dixon
- Whalehead Club Subdivision
Recreation
- Community Beach Access
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 20, 2018
Closed on
Feb 27, 2019
Sold by
Khosla Naresh K and Khosla Valerie J
Bought by
Mi Casa Bella Llc
Seller's Agent
Linda Cole
Outer Banks Realty Group
Buyer's Agent
Sandra LaRue
Corolla Beach Realty
List Price
$879,000
Sold Price
$870,000
Premium/Discount to List
-$9,000
-1.02%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$738,344
Avg. Annual Appreciation
9.74%
Original Mortgage
$696,000
Outstanding Balance
$613,140
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$975,369
Purchase Details
Closed on
Sep 1, 2004
Bought by
Khosla Naresh K and Khosla Valerie
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mi Casa Bella Llc | $870,000 | None Available | |
| Khosla Naresh K | $560,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mi Casa Bella Llc | $696,000 | |
| Previous Owner | Khosla Naresh K | $1,000,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/25/2019 03/25/19 | Sold | $870,000 | -1.0% | $185 / Sq Ft |
| 02/09/2019 02/09/19 | Pending | -- | -- | -- |
| 10/22/2018 10/22/18 | For Sale | $879,000 | 0.0% | $187 / Sq Ft |
| 09/07/2018 09/07/18 | Pending | -- | -- | -- |
| 04/20/2018 04/20/18 | For Sale | $879,000 | -- | $187 / Sq Ft |
Source: Outer Banks Association of REALTORS®
Tax History Compared to Growth
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 | $7,463 | $830,400 | $270,000 | $560,400 |
| 2023 | $7,463 | $830,400 | $270,000 | $560,400 |
| 2022 | $6,327 | $830,400 | $270,000 | $560,400 |
| 2021 | $6,293 | $760,000 | $270,000 | $490,000 |
| 2020 | $5,646 | $760,000 | $270,000 | $490,000 |
| 2019 | $5,646 | $760,000 | $270,000 | $490,000 |
| 2018 | $5,633 | $758,200 | $270,000 | $488,200 |
| 2017 | $5,233 | $758,200 | $270,000 | $488,200 |
| 2016 | $5,271 | $758,200 | $270,000 | $488,200 |
| 2015 | $5,272 | $758,200 | $270,000 | $488,200 |
Source: Public Records
Agents Affiliated with this Home
-
-
Sandra LaRue
Buyer's Agent in 2019
Sandra LaRue
Corolla Beach Realty
(252) 435-5379
51 in this area
82 Total Sales
Map
Source: Outer Banks Association of REALTORS®
MLS Number: 100169
APN: 115A-000-0030-0004
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