NOT LISTED FOR SALE

Estimated Value: $841,000 - $981,000

6 Beds
4.5 Baths
2,615 Sq Ft
$340/Sq Ft Est. Value

Last Sold August 21, 2020

Last sale price $490,000 $187 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $5,308/month

341 Days on Market

Highlights

  • Beach Access
  • Coastal Architecture
  • Furnished
  • Outdoor Pool
  • Wood Flooring
  • Game Room

About This Home

As of August 2020

Fabulous Whalehead home packed with amenities and ready to impress. Enjoy the outdoor private pool, hot tub, volleyball and tiki bar. Ground level has a recreation room with pool table and pub-style game table as well as the laundry area with washer and dryer and a King bedroom. There are four bedrooms on the mid-level and an open top floor living area with all the conveniences for you and your guests. A king master bedroom with private bath is featured on the top level. Established rental income and excellent location make this home a must see in Corolla. Sale is contingent upon seller using the home from August 8-15, 2020. Seller will pay cleaning fee for the period.

Last Agent to Sell the Property

Rodney Perry

Brindley Beach Vacations & Sal License #218159 Listed on: 07/23/2019

Last Buyer's Agent

Jeff Kluger

Coldwell Banker Seaside Realty KH License #275932

Coldwell Banker Seaside Realty KH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,365

Year Built

  • Built in 1998

Lot Details

  • 0.46 Acre Lot
  • Landscaped
  • Level Lot

Home Design

  • Coastal Architecture
  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Lap Siding
  • Piling Construction
  • Vinyl Construction Material

Interior Spaces

  • 2,615 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Game Room
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Parking

  • Tuck Under Parking
  • Paved Parking

Pool

  • Outdoor Pool
  • Outdoor Shower
  • Spa

Outdoor Features

  • Beach Access
  • Covered Deck
  • Exterior Lighting

Utilities

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

Community Details

  • Jeff Lockhart Association, Phone Number (252) 291-2494
  • Whalehead Club Subdivision

Listing and Financial Details

  • Tax Lot #68

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,365

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Directions: From NC 12 turn right on Shad Street, then right on Corolla Drive and house is on right.
  • Extras: Beach Access, Ceiling Fan(s), Covered Decks, Hot Tub, Landscaped, Outside Lighting, Outside Shower, Smoke Detector(s), Dry Entry
  • Flood Zone: X
  • Subdivision Name: Whalehead Club
  • Headline: PERFECT VACATION HOME!
  • Heated Sq Ft: 2615
  • L V T Date: 07/23/2019
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: 3
  • Waterfront Location: More than 5th row
  • Zoning: Res
  • Advertised Income 2020: 44736
  • Deed Book Pg Number: 455
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C14121
  • 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
  • Bedrooms: 6
  • Floor Coverings: Carpet, Wood
  • Foundation: Piling
  • Full Bathrooms: 4
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Dryer Connection, Gas Connection, Gas Fireplace, Ensuite, Washer Connection
  • Optional Rooms: Game Room
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Lap Siding, Vinyl
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, Private Pool
  • Roof: Asphalt/Fiber Shingle

Garage/Parking

  • Garage: Carport
  • Parking: Paved, Under

Utilities

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

Condo/Co-op/Association

  • Hoa Contact: Jeff Lockhart
  • HOA Contact: 2522912494
  • Home Owner Dwelling Insurance: 3200

Lot Info

  • Estimated Lot Sq Ft: 20000
  • Lot Description: Level
  • Lot Faces: East
  • Lot Number: Lot #68
  • Estimated Lot Size: 0.46
  • Deed Book: 1360

Rental Info

  • Flood Expenses: 3200
  • Lease Terms: Weekly
  • Other Expenses: 900
  • Poolspa Expense: 2500
  • Rental Co: Brindley Beach Vacations
  • Rental Cottage Name: Castaway
  • Rental Cottage Number: WC1090
  • Rental Phone Number: 453-3000
  • Rental Turnover Day: Sat
  • Yearly Expense Actual Estimate: Actual
  • Annual Electric: 2500
  • Annual Telephone Expense: 2000
  • Annual Water Expense: 700

Building Info

  • Year Built: 1998

Tax Info

  • Year: 2018
  • Taxes: 3364.54

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2019
Closed on
Aug 17, 2020
Sold by
Cefaratti Michelle Mills and Cefaratti Michelle Mills
Bought by
Picha Kenneth and Piclia Jill
Seller's Agent
Rodney Perry
Brindley Beach Vacations & Sal
Buyer's Agent
Jeff Kluger
Coldwell Banker Seaside Realty KH
List Price
$579,000
Sold Price
$490,000
Premium/Discount to List
-$89,000
-15.37%
Total Days on Market
341
Current Estimated Value
$890,388

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$400,388
Avg. Annual Appreciation
12.71%
Original Mortgage
$441,000
Outstanding Balance
$395,572
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$477,675

Purchase Details

Closed on
Apr 7, 2016
Sold by
Cefaratti Michelle and Testa Kenneth
Bought by
Michelle Mills Cefaratti Revocable Trust and Cefaratti Michelle Mills

Purchase Details

Listed on
Jul 26, 2014
Closed on
Mar 10, 2015
Sold by
Salva Steven S and Salva Karen M
Bought by
Cefaratti Michelle and Testa Kenneth
Seller's Agent
Rick Drumm
Beach Realty & Construction
Buyer's Agent
Jackie Freed
Outer Banks Realty Group
List Price
$499,000
Sold Price
$430,000
Premium/Discount to List
-$69,000
-13.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.13%
Original Mortgage
$100,000
Interest Rate
3.95%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 11, 2005
Sold by
Mckinnon Russell W and Mckinnon Jill M
Bought by
Salva Steven S and Salva Karen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$604,000
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

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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
Picha Kenneth $490,000 None Available
Michelle Mills Cefaratti Revocable Trust -- Attorney
Cefaratti Michelle $430,000 None Available
Salva Steven S $755,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Picha Kenneth $441,000
Previous Owner Cefaratti Michelle $100,000
Previous Owner Salva Steven S $604,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2020 08/21/20 Sold $490,000 -1.8% $187 / Sq Ft
06/28/2020 06/28/20 Pending -- -- --
06/24/2020 06/24/20 Price Changed $499,000 -4.0% $191 / Sq Ft
05/29/2020 05/29/20 Price Changed $520,000 -3.7% $199 / Sq Ft
10/25/2019 10/25/19 Price Changed $540,000 -3.4% $207 / Sq Ft
08/07/2019 08/07/19 Price Changed $559,000 -3.5% $214 / Sq Ft
07/23/2019 07/23/19 For Sale $579,000 +34.7% $221 / Sq Ft
03/10/2015 03/10/15 Sold $430,000 -13.8% $164 / Sq Ft
01/27/2015 01/27/15 Pending -- -- --
07/26/2014 07/26/14 For Sale $499,000 -- $191 / 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 $4,178 $438,100 $125,000 $313,100
2023 $4,178 $438,100 $125,000 $313,100
2022 $3,550 $438,100 $125,000 $313,100
2021 $3,525 $424,400 $160,000 $264,400
2020 $3,355 $424,400 $160,000 $264,400
2019 $3,355 $424,400 $160,000 $264,400
2018 $0 $424,400 $160,000 $264,400
2017 $3,125 $424,400 $160,000 $264,400
2016 $3,147 $424,400 $160,000 $264,400
2015 $3,147 $424,400 $160,000 $264,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 105928

Outer Banks Association of REALTORS®

APN: 115A-000-0068-0003