NOT LISTED FOR SALE

847 Whalehead Dr Corolla, NC 27927

Estimated Value: $1,558,000 - $1,793,581

9 Beds
10 Baths
4,294 Sq Ft
$402/Sq Ft Est. Value

Last Sold November 30, 2020

Last sale price $1,060,000 $247 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $9,517/month

18 Days on Market

Highlights

  • Ocean View
  • Second Refrigerator
  • Cathedral Ceiling
  • Outdoor Pool
  • Coastal Architecture
  • Corner Lot

About This Home

As of November 2020

Luxurious 9-bedroom, 10 bath home with ocean views now available to the buyer desiring strong investment potential, proximity to the beach, and tasteful elegance. This 4500+ sq ft home with an elevator sits on an X-flood zone corner lot conveniently located adjacent to the pedestrian beach access in Whalehead. Only two lots from the ocean front, and resplendent with entertaining and living space, this property has it all. There are 8 Master en suites, a 9th guest room/ office, expensive decking and private balconies, game room, hot tub, sand volleyball court, and a private heated pool. Beamed cathedral ceilings and a reverse floor plan with attractive décor highlight the top level. The main great room has large windows for natural light and flows into the open kitchen and dining room areas. The kitchen boasts granite counters, extensive cabinetry and counter space, as well as a breakfast bar with additional seating. Two Master en suites with private bath are on this level, in addition to a guest room and full hall bath. An elegant tiled foyer and six more Master en suite bedrooms occupy the midlevel, all but one without covered deck access (the double bunk room). The full-size washer and dryer are also conveniently located on this level. Several bedrooms overlook the 14x33’ pool which is accessed from the ground level rec room. The rec room features a wet bar, pool table, and full bathroom. A sliding glass door leads out to a covered entertaining area with ping pong table and tiki bar adjoining the wide-open pool area. Finish off the day with a dip in the hot tub or shower off sand from your day at the beach in the outdoor shower. Rental income shows that this property is a consistent favorite with guests due to all the amenities, upgrades, and comfort it has to offer. Completely remodeled down to the studs and enlarged in 2006, "Opus" is truly an amazing seaside production. An incredible opportunity is offered to the discerning buyer who appreciates a well maintained, intelligently designed, large and luxurious home on the OBX.

Last Agent to Sell the Property

Matt Myatt

Keller Williams - Outer Banks License #218707 Listed on: 08/13/2020

Keller Williams - Outer Banks

Co-Listed By

Terry Blocher

Keller Williams - Outer Banks License #271673

Last Buyer's Agent

Jeanne-Marie DeStefano

Keller Williams - Outer Banks License #282161

Keller Williams - Outer Banks

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,166

Year Built

  • Built in 1989

Lot Details

  • 0.51 Acre Lot
  • Lot Dimensions are 110x200
  • Landscaped
  • Corner Lot
  • Level Lot

Home Design

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

Interior Spaces

  • 4,294 Sq Ft Home
  • Elevator
  • Wet Bar
  • Furnished
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Game Room
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 9 Bedrooms
  • En-Suite Primary Bedroom
  • 10 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Paved Parking
  • Off-Street Parking

Accessible Home Design

  • Handicap Accessible

Pool

  • Outdoor Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Patio
  • Exterior Lighting

Utilities

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

Community Details

  • Whalehead Club Subdivision

Listing and Financial Details

  • Tax Lot 26

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,166

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Directions: Ocean Trail north to right onto Dolphin Street. Turn left onto Whalehead Drive. Property will be on the right.
  • Extras: Ceiling Fan(s), Elevator, Handicap Friendly, Hot Tub, Landscaped, Outside Lighting, Outside Shower, Patio, Smoke Detector(s), Sun Deck
  • Flood Zone: X
  • Headline: 3rd Row Corner Lot - ROI!
  • Heated Sq Ft: 4294
  • L V T Date: 08/13/2020
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: 13
  • Waterfront Location: 2 - lots from oceanfront (3rd row
  • Zoning: res
  • Advertised Income 2020: 120315
  • Deed Book Pg Number: 650
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C30917
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Ice Machine, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer, 2nd Dishwasher, 2nd Refrigerator
  • Bedrooms: 9
  • Countertops: Granite
  • Electronic Locks: Owned
  • Floor Coverings: Carpet, Tile, Wood Laminate
  • Foundation: Piling, Slab
  • Full Bathrooms: 10
  • Furnishings Available: Yes
  • Interior Amenities: Beamed Ceiling(s), Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Pantry, Some Windows Treated, Washer Connection, Wet Bar
  • Optional Rooms: Game Room

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool: Private
  • Pool Type: Private Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Garage: Attached, Carport
  • Parking: Paved, Off Street

Utilities

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

Lot Info

  • Estimated Lot Sq Ft: 22000
  • Lot Description: Corner, Level
  • Lot Size: 110x200
  • Lot Number: Lot 26
  • Estimated Lot Size: 0.51
  • Deed Book: 1199

Rental Info

  • Est Annual Rental Income: 117720
  • Estimated Rental Performance: 0.1111
  • Lease Terms: Weekly
  • Rental Co: Vacasa - North
  • Rental Cottage Name: Opus
  • Rental Cottage Number: #471
  • Rental Turnover Day: SUNDAY
  • Rental Contact Email: nancy.beasley@vacasa.com
  • Rental Contact Name: Nancy Beasley
  • Rental Contact Phone: 453-9660

Building Info

  • Year Built: 1989

Tax Info

  • Year: 2020
  • Taxes: 5166

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2020
Closed on
Nov 2, 2020
Sold by
Salama Carlos and Gabbay Mona
Bought by
Mccurdy Timothy M and Farr Tara M
Seller's Agent
Matt Myatt
Keller Williams - Outer Banks
Buyer's Agent
Jeanne-Marie DeStefano
Keller Williams - Outer Banks
List Price
$1,099,000
Sold Price
$1,060,000
Premium/Discount to List
-$39,000
-3.55%
Current Estimated Value
$1,691,743

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$631,743
Avg. Annual Appreciation
9.97%
Original Mortgage
$847,000
Outstanding Balance
$751,209
Interest Rate
2.99%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$972,936

Purchase Details

Closed on
Mar 1, 2011
Sold by
Colby William and Colby Sandra O
Bought by
Opus Of The Outer Banks Llc

Purchase Details

Closed on
Apr 19, 2005
Sold by
Dima Brett S and Dima Lilsh
Bought by
Colby William and Colby Ronald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,350,000
Interest Rate
7.87%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 26, 2005
Sold by
Ali Joseph R and Ali Jacqueline
Bought by
Dima Brett S and Dima Lilah H
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
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
Mccurdy Timothy M $1,060,000 None Available
Opus Of The Outer Banks Llc -- None Available
Colby William $929,000 None Available
Dima Brett S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccurdy Timothy M $847,000
Previous Owner Colby William $1,350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2020 11/30/20 Sold $1,060,000 -3.5% $247 / Sq Ft
08/31/2020 08/31/20 Pending -- -- --
08/13/2020 08/13/20 For Sale $1,099,000 -- $256 / 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
2025 $8,055 $928,600 $283,500 $645,100
2024 $8,055 $876,800 $283,500 $593,300
2023 $7,617 $876,800 $283,500 $593,300
2022 $6,433 $876,800 $283,500 $593,300
2021 $6,418 $675,000 $283,500 $391,500
2020 $5,167 $675,000 $283,500 $391,500
2019 $5,167 $675,000 $283,500 $391,500
2018 $0 $675,000 $283,500 $391,500
2017 $4,799 $675,000 $283,500 $391,500
2016 $4,834 $675,000 $283,500 $391,500
2015 $4,834 $675,000 $283,500 $391,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 110544

Outer Banks Association of REALTORS®

APN: 115A-000-0026-0013