NOT LISTED FOR SALE

862 Whalehead Dr Corolla, NC 27927

Estimated Value: $1,384,863 - $1,574,000

7 Beds
6.5 Baths
4,200 Sq Ft
$345/Sq Ft Est. Value

Last Sold March 25, 2013

Last sale price $721,500 $172 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $8,154/month

86 Days on Market

Highlights

  • Ocean View
  • Rooftop Deck
  • Cathedral Ceiling
  • Cabana
  • Second Refrigerator
  • Hydromassage or Jetted Bathtub

About This Home

As of March 2013

This well appointed and well equipped 4th row property has everything you could need for fun times at the beach! 7 spacious bedrooms with 6 1/2 baths, a large game room with kitchenette, a hot tub, a large outdoor private pool with a cabana and even an outside Loo! Don't forget the pool table on the 2nd level of the cabana. Plenty of room for everyone to stretch out and enjoy themselves. This is a proven rental, and one that you will be proud to own.

Last Agent to Sell the Property

Debra Price

Debbie Price, Broker License #108320 Listed on: 11/07/2012

Last Buyer's Agent

Chandler Spawr

Coastal Property Partners License #190456

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,784

Year Built

  • Built in 2001

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 110 x 200
  • Landscaped
  • Property is zoned Res.

Home Design

  • Reverse Style Home
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Vinyl Construction Material

Interior Spaces

  • 4,200 Sq Ft Home
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Entrance Foyer
  • Game Room
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Pool

  • Cabana
  • In Ground Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Rooftop Deck

Utilities

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

Community Details

  • Built by O'Brien
  • Whalehead Club Subdivision

Listing and Financial Details

  • Tax Lot 44

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,784

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: Turn E on Bonito. Go to Whalehead DR turn R. Go 2 1/3 blocks. House on R.
  • Extras: Cabana, Ceiling Fan(s), Hot Tub, Jet Tub, Landscaped, Outside Shower, Smoke Detector(s), Sun Deck, Roof Top Deck
  • Flood Zone: AE
  • Subdivision Name: Whalehead Club
  • Heated Sq Ft: 4200
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: Section 12
  • Waterfront Location: 3 - lots from oceanfront (4th row)
  • Zoning: Res.
  • Deed Book Pg Number: 81
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer, 2nd Dishwasher, 2nd Refrigerator
  • Bedrooms: 7
  • Bedroom 1: Queen Mstr, On Level: 2
  • Bedroom 2: King Mstr, On Level: 1
  • Bedroom 3: Queen Mstr, On Level: 1
  • Bedroom 4: Queen, On Level: 1
  • Bedroom 5: Duo Bunks, On Level: 1
  • Bedroom 6: Queen Mstr, On Level: Ground
  • Bedroom 7: Twins, On Level: Ground
  • Kitchen: On Level: 2
  • Countertops: Laminate
  • Floor Coverings: Carpet, Tile
  • Foundation: Piling, Slab
  • Full Bathrooms: 6
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Dryer Connection, Gas Fireplace, Ensuite, Pantry, Some Windows Treated, Walk in Closet, Washer Connection, Wet Bar
  • Dining Room: Combo, On Level: 2
  • Game Room: Huge, On Level: Ground
  • Living Room: Spacious, On Level: 2
  • Optional Rooms: Foyer, Game Room, Office, Pantry
  • Partial Bathrooms: 1
  • Optional Room 1: Office, On Level: 1

Exterior Features

  • Homebuilder: O'Brien
  • Construction: Frame, Wood
  • Covered Deck Size: Yes
  • Exterior: Vinyl
  • Pool: Yes
  • Pool Type: Outdoor, In Ground
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 100
  • Sun Deck Size: Ample
  • View: Ocean

Utilities

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

Condo/Co-op/Association

  • Home Owner Dwelling Insurance: 8778

Lot Info

  • Estimated Lot Sq Ft: 20000
  • Lot Size: 110 x 200
  • Lot Number: Lot 44
  • Deed Book: 863

Rental Info

  • Est Annual Rental Income: 66945
  • Estimated Rental Performance: 0.0928
  • Flood Expenses: 1479
  • Lease Terms: Weekly
  • Maintenance Expenses: 4050
  • Other Expenses: 500000
  • Poolspa Expense: 3200
  • Rental Co: Vacasa - North
  • Rental Cottage Name: Cabana Heaven
  • Rental Cottage Number: 400
  • Rental Phone Number: 453-9660
  • Rental Turnover Day: Sun.
  • Yearly Expense Actual Estimate: Estimated
  • Annual Cable TV Expense: 1300
  • Annual Electric: 3600
  • Annual Telephone Expense: 400
  • Annual Water Expense: 300

Building Info

  • Year Built: 2001

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2012
  • Taxes: 4784

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2012
Closed on
Mar 19, 2013
Sold by
Kaplan Mark L and Kaplan Michelle H
Bought by
Culotta Anthony C and Culotta Kathleen R
Seller's Agent
Debra Price
Debbie Price, Broker
Buyer's Agent
Chandler Spawr
Coastal Property Partners
List Price
$799,000
Sold Price
$721,500
Premium/Discount to List
-$77,500
-9.7%
Current Estimated Value
$1,450,716

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$729,216
Avg. Annual Appreciation
5.63%
Original Mortgage
$560,000
Outstanding Balance
$392,811
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$1,057,905

Purchase Details

Closed on
May 5, 2005
Sold by
Psr Llc
Bought by
Kaplan Mark L and Kaplan Michelle H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,750
Interest Rate
5.99%
Mortgage Type
Credit Line Revolving
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
Culotta Anthony C $721,500 None Available
Kaplan Mark L $1,315,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Culotta Anthony C $560,000
Previous Owner Kaplan Mark L $65,750
Previous Owner Kaplan Mark L $854,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/25/2013 03/25/13 Sold $721,500 -9.7% $172 / Sq Ft
02/01/2013 02/01/13 Pending -- -- --
11/07/2012 11/07/12 For Sale $799,000 -- $190 / 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 $6,897 $760,500 $230,000 $530,500
2024 $6,897 $760,500 $230,000 $530,500
2023 $6,881 $760,500 $230,000 $530,500
2022 $5,819 $760,500 $230,000 $530,500
2021 $5,804 $733,900 $250,000 $483,900
2020 $5,615 $733,900 $250,000 $483,900
2019 $5,615 $733,900 $250,000 $483,900
2018 $5,615 $733,900 $250,000 $483,900
2017 $5,216 $733,900 $250,000 $483,900
2016 $5,253 $733,900 $250,000 $483,900
2015 $5,253 $733,900 $250,000 $483,900
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2013

    Debra Price

    Debbie Price, Broker

    Section Image
  • Chandler Spawr

    Buyer's Agent in 2013

    Chandler Spawr

    Coastal Property Partners

    (252) 202-9880

    11 in this area

    28 Total Sales

    Chandler Spawr
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 76851

Outer Banks Association of REALTORS®

APN: 115A-000-0044-0012

North Carolina Currituck County Corolla 27927

862 Whalehead Dr, Corolla, NC

Not Listed for Sale

Detached

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