NOT LISTED FOR SALE

Estimated Value: $2,689,000 - $3,681,000

7 Beds
7.5 Baths
5,036 Sq Ft
$624/Sq Ft Est. Value

Last Sold August 14, 2020

Last sale price $2,300,000 $457 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $18,582/month

387 Days on Market

Highlights

  • Beach Front
  • Cabana
  • Cathedral Ceiling
  • Ocean View
  • Second Refrigerator
  • Wood Flooring

About This Home

As of August 2020

Remarkable oceanfront home in Whalehead! This custom home is unlike any other that you will find on the Outer Banks and is sure to satisfy. Exclusively used as a second home and maintained to perfection inside and out. This home features 7 bedrooms with 6 of them having direct access to decks. The grand master upstairs has oceanviews, fireplace viewable from bedroom and bathroom, jetted tub, tiled shower, and a private deck off the bathroom! Large open kitchen with a brand new Kitchenaid Fridge and Jenn-Air Cooktop. Amazing oceanviews from the kitchen, dining room, living room, large decks, and sun room. The middle level consists of 4 master bedrooms, all with their own private bathrooms, laundry room with new appliances and a large den/office with deck access. The ground floor is a large open space with kitchenette, pool table, card table, bedroom, and WINE STORAGE ROOM! That's right, a custom wine storage room lined in cedar estimated to hold about 500 bottles with custom made stained glass door. Additional interior features include an elevator, two car garage, and walk in pantry with extra fridge. Not to be outmatched, the exterior and grounds are immaculate. Owner keeps the property landscaped at all times. The exterior was just painted in 2017. Large, wide decks wrap the entire backside of the home. Plenty of space to relax in the sun looking at the ocean or to cool off in the shade. Behind the house is the SOLAR POWER HEATED private pool with hot tub, recently upgraded cabana area, cool coat pool deck surfacing, and pergola, and custom outdoor fireplace! Leading to the oceanfront is your own private walkway with private gazebo. The beach is one of the best you will find on the Outer Banks known for its wide soft sand beaches and secluded feel. If you are looking for a rental property, this homes is projected income is over $200K per year with room to grow. It's truly a one of a kind property and must be seen to appreciate. Everything is included with the property minus a few personal items. All indoor and outdoor furniture is in excellent condition. If you're looking for a luxury home on the Outer Banks, this is it!

Last Agent to Sell the Property

Steven Gross

Twiddy and Company - Corolla License #288399 Listed on: 06/05/2019

Last Buyer's Agent

Mandy Robinson

Outer Banks Realty Group License #300017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,795

Year Built

  • Built in 2000

Lot Details

  • Beach Front
  • Landscaped
  • Level Lot

HOA Fees

  • $4 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 5,036 Sq Ft Home
  • Elevator
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Entrance Foyer
  • Library
  • Game Room
  • Sun or Florida Room
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Second Refrigerator
  • Ice Maker
  • Dishwasher
  • Wine Cooler

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry Room
  • Dryer Hookup

Parking

  • Garage
  • Carport
  • Garage Door Opener
  • Off-Street Parking

Pool

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

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Exterior Lighting
  • Gazebo

Utilities

  • Heat Pump System
  • Municipal Utilities District Water
  • Private or Community Septic Tank

Listing and Financial Details

  • Tax Lot 2

Community Details

Overview

  • Built by Mancuso
  • Whalehead Club Subdivision

Recreation

  • Community Boardwalk

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,795

Year Built

Built in 2000

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: Turn down Albacore, then take a left on Lighthouse Drive.
  • Extras: Beach Access, Boardwalk to Beach, Cabana, Ceiling Fan(s), Covered Decks, Elevator, Garage Door Opener, Gazebo, Hot Tub, Jet Tub, Landscaped, Outside Lighting, Outside Shower, Smoke Detector(s), Sun Deck, Inside Laundry Room
  • Headline: Oceanfront Perfection
  • Heated Sq Ft: 5036
  • L V T Date: 06/06/2019
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: Res
  • Deed Book Pg Number: 883
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C4556
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator w/Ice Maker, 2nd Refrigerator, Wine Cooler
  • Bedrooms: 7
  • Floor Coverings: Carpet, Tile, Hardwood
  • Foundation: Piling, Slab
  • Full Bathrooms: 7
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Gas Fireplace, Ensuite, Pantry, Walk in Closet
  • Optional Rooms: Foyer, Game Room, Library/Study, Pantry, Sun/Florida Room
  • Partial Bathrooms: 1

Exterior Features

  • Homebuilder: Mancuso
  • Construction: Frame, Wood
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Heated, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Garage: 2 Car
  • Parking: Paved, Off Street

Utilities

  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Sewer/Septic System: Private Septic
  • Water: Municipal

Condo/Co-op/Association

  • Association Fee: Voluntary - Restrictive Covenants May Apply
  • Estimated Annual Fee: 50

Lot Info

  • Lot Description: Beach Frontage, Level
  • Lot Number: Lot 2
  • Deed Book: 1461

Rental Info

  • Est Annual Rental Income: 200185
  • Estimated Rental Performance: 0.087

Building Info

  • Year Built: 2000

Tax Info

  • Year: 2019
  • Taxes: 10794.95

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2019
Closed on
Aug 14, 2020
Sold by
Johnson Stuart C and Johnson Nancy M
Bought by
Merrill Mark S and Merrill Gary D
Seller's Agent
Steven Gross
Twiddy and Company - Corolla
Buyer's Agent
Mandy Robinson
Outer Banks Realty Group
List Price
$2,350,000
Sold Price
$2,300,000
Premium/Discount to List
-$50,000
-2.13%
Current Estimated Value
$3,143,195

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$843,195
Avg. Annual Appreciation
6.88%
Original Mortgage
$1,840,000
Interest Rate
2.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 19, 2018
Sold by
Johnson Johnson Robert J Robert J and Johnson Stanley Kelly
Bought by
Johnson Stuart C and Johnson Nancy M

Purchase Details

Closed on
Dec 5, 2000
Bought by
Johnson, Robert J Trustee
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
Merrill Mark S $2,300,000 None Available
Johnson Stuart C -- None Available
Johnson, Robert J Trustee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Merrill Mark S $637,000
Open Ocean Exchange 55 Llc $2,000,000
Closed Merrill Mark S $1,840,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2020 08/14/20 Sold $2,300,000 -2.1% $457 / Sq Ft
06/26/2020 06/26/20 Pending -- -- --
12/03/2019 12/03/19 For Sale $2,350,000 +2.2% $467 / Sq Ft
12/02/2019 12/02/19 Off Market $2,300,000 -- --
06/05/2019 06/05/19 For Sale $2,350,000 -- $467 / 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 $17,428 $2,081,100 $1,094,800 $986,300
2023 $17,428 $2,081,100 $1,094,800 $986,300
2022 $14,671 $2,081,100 $1,094,800 $986,300
2021 $14,656 $1,492,900 $833,000 $659,900
2020 $10,795 $1,492,900 $833,000 $659,900
2019 $10,795 $1,492,900 $833,000 $659,900
2018 $10,795 $1,492,900 $833,000 $659,900
2017 $10,029 $1,492,900 $833,000 $659,900
2016 $10,103 $1,492,900 $833,000 $659,900
2015 $10,103 $1,492,900 $833,000 $659,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 105414

Outer Banks Association of REALTORS®

APN: 115A-000-0002-0014