NOT LISTED FOR SALE

Estimated Value: $1,529,961 - $1,585,000

7 Beds
7.5 Baths
3,895 Sq Ft
$399/Sq Ft Est. Value

Last Sold February 02, 2021

Last sale price $951,500 $244 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $8,985/month

130 Days on Market

Highlights

  • Community Beach Access
  • In Ground Pool
  • Cathedral Ceiling
  • Ocean Front
  • Contemporary Architecture
  • Wood Flooring

About This Home

As of February 2021

Grab your Beach Gear and just walk across the street to the Ocean using the nearby Shad Street Beach Access or sit back and Chill at Johnny Tsunami where you have everything you will need for a fabulous vacation. Over $90k in gross rental income in 2020. Home is NOW AVAILABLE to Show any day of the week for the remainder of 2020. Located in the exclusive Whalehead Club Subdivision, this custom designed and well maintained home has it all including an excellent proven rental history. Relax in the large private pool or Hot-tub or play a game of billiards in the game room with wet bar & extra fridge. Enjoy the Open Floor plan with a Large Kitchen, Living Room, Dining Room and Ships-watch area providing plenty of space for the entire family without feeling crowded. Sit on the front deck to see Ocean-views and the back deck to see the Currituck Lighthouse and the Beautiful Sunset skies. Close to the Lighthouse, Historical Whalehead Club, Wild Spanish Horses in the 4x4 area, Shops and Restaurants and the new bike trails that go for miles. This home includes 7 Bedrooms, each with its own bathroom. Annual Rental Income averages close to $90,000.00 each year and this home DOES NOT have an HOA Fee. Lots of upgrades have been made in recent years...2020....New Hot water heater & New Hot Tub Cover, 2019....New Sofa, New Chairs, Dresser, New Pool Furniture & New Equipment building. 2018....New Refrigerator, Microwave, Hot Water Heater, and more. 2017....New HVAC System. Schedule your showing or virtual tour today! Sellers now offering $8,000 CREDIT to cover exterior painting.

Last Agent to Sell the Property

Jeff Kluger

Coldwell Banker Seaside Realty KH License #275932 Listed on: 07/22/2020

Coldwell Banker Seaside Realty KH

Last Buyer's Agent

Hunter Davis

Twiddy and Company - Corolla License #301647

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,051

Year Built

  • Built in 2000

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 100 x 200
  • Ocean Front
  • Landscaped
  • Level Lot
  • Property is zoned Res.

Home Design

  • Contemporary Architecture
  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Piling Construction
  • Vinyl Construction Material

Interior Spaces

  • 3,895 Sq Ft Home
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 7 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Paved Parking
  • Off-Street Parking

Pool

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

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Patio
  • Exterior Lighting
  • Storage Shed

Utilities

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

Listing and Financial Details

  • Tax Lot #19

Community Details

Overview

  • Whalehead Club Subdivision

Recreation

  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,051

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary, Reverse Floor Plan
  • Directions: Take Hwy. 12 North to Corolla. Turn right onto Shad Street towards the Ocean. Turn right onto Lighthouse Drive and house will be on the right.
  • Extras: Beach Access, Ceiling Fan(s), Covered Decks, Hot Tub, Landscaped, Outside Lighting, Outside Shower, Patio, Smoke Detector(s), Storage Shed, Sun Deck, Inside Laundry Room
  • Flood Zone: X
  • Subdivision Name: Whalehead Club
  • Headline: Semi-Oceanfront Rental Machine
  • Heated Sq Ft: 3895
  • L V T Date: 07/22/2020
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: 3
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: Res.
  • Advertised Income 2020: 90474
  • Deed Book Pg Number: 454
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C7166
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer, 2nd Dishwasher
  • Bedrooms: 7
  • Countertops: Granite
  • Floor Coverings: Carpet, Ceramic Tile, Wood
  • Foundation: Piling
  • Full Bathrooms: 7
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ice Maker Connection, Pantry, Washer Connection, Wet Bar
  • Optional Rooms: Shipswatch
  • Partial Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Parking: Paved, Off Street

Utilities

  • Cooling: Central, Heat Pump, Zoned
  • Heating: Central, Electric, Forced Air, Heat Pump, Zoned
  • Fuel Tanks: Leased
  • Sewer/Septic System: Private Septic
  • Water: Municipal

Condo/Co-op/Association

  • Association Amenities: Ocean Access

Lot Info

  • Estimated Lot Sq Ft: 20038
  • Lot Description: Level
  • Lot Faces: E
  • Lot Size: 100 X 200
  • Lot Number: Lot #19
  • Estimated Lot Size: 0.46
  • Deed Book: 758

Rental Info

  • Lease Terms: Weekly
  • Rental Co: Twiddy and Company
  • Rental Cottage Name: Johnny Tsunami
  • Rental Cottage Number: J21084
  • Rental Phone Number: 888-710-2120
  • Rental Contact Email: cwest@twiddy.com
  • Rental Contact Name: Cheryl West
  • Rental Contact Phone: 888-710-2120

Building Info

  • Year Built: 2000

Tax Info

  • Year: 2019
  • Taxes: 6050.51

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2020
Closed on
Jan 25, 2021
Sold by
Miller Bruce L and Miller Sharon L
Bought by
Elrefai Mohamed
Seller's Agent
Jeff Kluger
Coldwell Banker Seaside Realty KH
Buyer's Agent
Hunter Davis
Twiddy and Company - Corolla
List Price
$979,500
Sold Price
$951,500
Premium/Discount to List
-$28,000
-2.86%
Current Estimated Value
$1,555,240

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$603,740
Avg. Annual Appreciation
11.22%
Original Mortgage
$500,000
Outstanding Balance
$446,963
Interest Rate
2.67%
Mortgage Type
New Conventional
Estimated Equity
$1,108,277

Purchase Details

Closed on
Aug 22, 2005
Sold by
Dail Hubert L and Dail Mona H
Bought by
Dail Hubert L

Purchase Details

Closed on
Mar 19, 2004
Bought by
Miller Bruce L and Miller Sharon L
Source: Public Records

Range of Values:

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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
Elrefai Mohamed $951,500 None Available
Elrefai Mohamed $992,500 Sharp Starkey
Dail Hubert L $40,000 None Available
Miller Bruce L $1,365,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elrefai Mohamed $500,000
Closed Elrefai Mohamed $500,000
Previous Owner Miller Bruce L $676,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/02/2021 02/02/21 Sold $951,500 -1.9% $244 / Sq Ft
11/29/2020 11/29/20 Pending -- -- --
10/09/2020 10/09/20 Price Changed $969,500 -1.0% $249 / Sq Ft
07/22/2020 07/22/20 For Sale $979,500 -- $251 / 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 $8,390 $944,900 $400,000 $544,900
2023 $8,390 $944,900 $400,000 $544,900
2022 $7,104 $944,900 $400,000 $544,900
2021 $7,089 $796,600 $330,000 $466,600
2020 $6,051 $796,600 $330,000 $466,600
2019 $6,051 $796,600 $330,000 $466,600
2018 $6,051 $796,600 $330,000 $466,600
2017 $5,621 $796,600 $330,000 $466,600
2016 $5,662 $796,600 $330,000 $466,600
2015 $5,662 $796,600 $330,000 $466,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 110217

Outer Banks Association of REALTORS®

APN: 115A-000-0019-0003