NOT LISTED FOR SALE

853 Whalehead Dr Corolla, NC 27927

Estimated Value: $1,524,000 - $1,581,000

8 Beds
7.5 Baths
4,083 Sq Ft
$380/Sq Ft Est. Value

Last Sold May 05, 2022

Last sale price $1,475,000 $361 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $8,841/month

5 Days on Market

Highlights

  • Community Beach Access
  • In Ground Pool
  • Coastal Architecture
  • Ocean View
  • Second Refrigerator
  • Cathedral Ceiling

About This Home

As of May 2022

Gorgeous Whalehead 3rd row home with ocean views! This property has been very well maintained, making it the perfect turn-key purchase. The home boasts 8 bedrooms and 7.5 baths. Five of the bedrooms are large primary rooms with en-suite baths that all include their own private jet tub. The open concept living and dining rooms flows into the recently remodeled kitchen. This home has all the extra little details that make a home special such as the bamboo flooring and the double outdoor showers. This property truly has something for everyone. From hanging out in the game room downstairs, to splashing in the large pool and hot tub outside, or just relaxing on the 'crow’s nest deck' that provides the perfect ocean view. This home has all the space needed for a perfect Outer Banks vacation experience. Don’t miss out on this great investment property. This home did a solid $105k owner ($119k advertised) in 2021, it has the potential of achieving upwards of $160k a year. This home will not last long so bring your offers ASAP!

Last Agent to Sell the Property

Andrew Darling

Keller Williams - Outer Banks License #211211 Listed on: 03/11/2022

Keller Williams - Outer Banks

Co-Listed By

Chelsey Larsen

Keller Williams - Outer Banks License #304781

Last Buyer's Agent

Matt Preston

Twiddy and Company - Corolla License #288364

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,081

Year Built

  • Built in 2002

Lot Details

  • 0.46 Acre Lot
  • Level Lot
  • Property is zoned SFO

Parking

  • Off-Street Parking

Home Design

  • Coastal Architecture
  • Split Level Home
  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Shake Siding
  • Vinyl Construction Material

Interior Spaces

  • 4,083 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Game Room
  • Ocean Views
  • Washer and Dryer Hookup

Kitchen

  • Oven or Range
  • Microwave
  • Second Refrigerator
  • Second Dishwasher
  • Granite Countertops
  • Laminate Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Hydromassage or Jetted Bathtub

Pool

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

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Tiki or Chickee Hut

Utilities

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

Listing and Financial Details

  • Tax Lot lot 34

Community Details

Overview

  • Property has a Home Owners Association
  • Whalehead Poa
  • Whalehead Club Subdivision

Recreation

  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,081

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Split Level, Coastal
  • Directions: North on rt12 to Albacore St, left on Whalehead, continue north house on right
  • Extras: Ceiling Fan(s), Covered Decks, Hot Tub, Jet Tub, Outside Shower, Sun Deck, Tiki Bar
  • Flood Zone: X
  • Headline: Stunning 8 bedroom home
  • Heated Sq Ft: 4083
  • L V T Date: 03/11/2022
  • Roads: Paved
  • Sale/Rent: For Sale
  • Section: 12
  • Waterfront Location: 2 - lots from oceanfront (3rd row
  • Zoning: SFO
  • Advertised Income 2020: 101500
  • Advertised Income 2021: 119500
  • Advertised Income 2022: 107000
  • Deed Book Pg Number: 175
  • 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, Microwave, Range/Oven, Refrigerator, 2nd Dishwasher, 2nd Refrigerator
  • Bedrooms: 8
  • Countertops: Granite, Laminate
  • Floor Coverings: Carpet, Ceramic Tile, Wood
  • Full Bathrooms: 7
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Dryer Connection, Gas Fireplace, Some Windows Treated, Washer Connection
  • Optional Rooms: Game Room
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame
  • Exterior: Shakes, Vinyl
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Parking: Off Street

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Ocean Access
  • Association Fee: Voluntary - Restrictive Covenants May Apply
  • Hoa Contact: Whalehead POA
  • HOA Contact: wpoa.org

Lot Info

  • Estimated Lot Sq Ft: 20000
  • Lot Description: Level
  • Lot Number: lot 34
  • Estimated Lot Size: 0.46
  • Deed Book: 1416

Rental Info

  • Est Annual Rental Income: 160000
  • Estimated Rental Performance: 0.1085
  • Rental Co: Carolina Designs
  • Rental Cottage Name: Parrot Bay
  • Rental Cottage Number: 196
  • Rental Phone Number: 252-261-3934
  • Rental Contact Email: RMA@carolinadesigns.com
  • Rental Contact Name: Carolina Designs
  • Rental Contact Phone: 252-261-3934

Building Info

  • Year Built: 2002

Tax Info

  • Year: 2021
  • Taxes: 6081

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 31, 2017
Sold by
Mcginty Michael E and Mcginty Sharon D
Bought by
Mcginty Michael and Mcginty Sharon
Current Estimated Value
$1,550,241

Purchase Details

Closed on
Apr 18, 2008
Sold by
Hofmeister Thomas C and Hofmeister Donna M
Bought by
Mcginty Michael E and Mcginty Sharon D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Outstanding Balance
$541,620
Interest Rate
4.12%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,008,621
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
Mcginty Michael -- Attorney
Mcginty Michael E $960,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcginty Michael E $960,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/05/2022 05/05/22 Sold $1,475,000 -3.3% $361 / Sq Ft
03/16/2022 03/16/22 Pending -- -- --
03/11/2022 03/11/22 For Sale $1,525,000 -- $373 / 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 $8,904 $996,900 $270,000 $726,900
2024 $8,904 $820,800 $270,000 $550,800
2023 $7,381 $820,800 $270,000 $550,800
2022 $6,097 $820,800 $270,000 $550,800
2021 $6,081 $766,900 $270,000 $496,900
2020 $5,721 $766,900 $270,000 $496,900
2019 $5,721 $766,900 $270,000 $496,900
2018 $5,721 $766,900 $270,000 $496,900
2017 $5,313 $766,900 $270,000 $496,900
2016 $5,349 $766,900 $270,000 $496,900
2015 $5,348 $766,900 $270,000 $496,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 117972

Outer Banks Association of REALTORS®

APN: 115A-000-0034-0012