NOT LISTED FOR SALE

871 Whalehead Dr Corolla, NC 27927

Estimated Value: $2,510,842 - $2,734,000

0.51 Acre
$5,166,590 Price per Acre
22,216 Sq Ft Lot

Last Sold December 19, 2022

Last sale price $675,000

Est. 290% increase in value since last sale

Current estimated payment $14,847/month

15 Days on Market

Highlights

  • Community Beach Access
  • Wooded Lot
  • Timber
  • Ocean View
  • Corner Lot

About This Lot

As of December 2022

2 Lots from OCEANFRONT large 1/2 Acre CORNER Lot just Steps to Direct Beach Access! This is the perfect lot that you have been waiting for to build your dream beach home. Beach Access from this Whalehead CORNER lot is closer than some Semi Oceanfront lots and considerably less expensive. The lot has potential for Ocean Views, as well as the potential to build a 10 + bedroom home. There are not many 2 lot OceanFront lots left in the much sought after Whalehead Club Subdivision, let alone a CORNER lot. Here is an opportunity to build your primary home or second home or investment home. If highest and best use of this property is maximized, the income potential is great. Restaurants, Shopping, Grocery Stores, and Activities, including Currituck Club Golf Course, Historic Whalehead Club, Wildlife Center, Currituck Beach Lighthouse, and the Wild Horses are close by. If you are looking to build your dream beach home on a CORNER lot that is just 2 lots from the beach with potential ocean views, just steps to direct beach access and located in Flood Zone X, then this is the lot for you!

Last Agent to Sell the Property

Sandra LaRue

Corolla Beach Realty License #244093 Listed on: 10/19/2022

Co-Listed By

Daniel LaRue

Corolla Beach Realty License #257370

Last Buyer's Agent

Edith Rowe

Brindley Beach Vacations & Sales-Duck License #188824

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,939

Lot Details

  • 0.51 Acre Lot
  • Lot Dimensions are 110x200
  • Corner Lot
  • Level Lot
  • Wooded Lot
  • Property is zoned SFO

HOA Fees

  • $4 Monthly HOA Fees

Utilities

  • Municipal Utilities District Water
  • Private or Community Septic Tank

Additional Features

  • Ocean Views
  • Timber

Community Details

Overview

  • Whalehead Club Association
  • Whalehead Club Subdivision

Recreation

  • Community Beach Access

Property Details

Property Type

Land

Est. Annual Taxes

$1,939

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • Class: LOTS/LAND
  • Directions: Rt 12 North to Corolla, Right on Dolphin. Left on Whalehead Drive. Corner Vacant Lot is on the Right ( East side of Whalehead Drive)
  • Flood Zone: X
  • Headline: 2 LOTS OCEANFRONT CORNER LOT
  • L V T Date: 10/19/2022
  • Roads: Public, Paved
  • Sale/Rent: For Sale
  • Section: 12
  • Waterfront Location: 2 - lots from oceanfront (3rd row
  • Zoning: SFO
  • Timber: Scattered
  • Deed Book Pg Number: 22
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C18834
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Street Frontage: 110
  • View: Ocean

Utilities

  • Sewer/Septic System: Private Septic
  • Water: Municipal
  • Electric: Available

Condo/Co-op/Association

  • Association Amenities: Ocean Access
  • Association Fee: Voluntary - Restrictive Covenants May Apply
  • Estimated Annual Fee: 50
  • Hoa Contact: Whalehead Club
  • HOA Contact: https://wpoa.org/

Lot Info

  • Estimated Lot Sq Ft: 22216
  • Lot Description: Corner, Level, Wooded
  • Lot Size: 110x200
  • Estimated Lot Size: 0.51
  • Deed Book: 896
  • Unit/Lot Number: lot 25

Tax Info

  • Year: 2022
  • Taxes: 1939

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 16, 2024
Sold by
Laura Reed Richardson Living Trust and Richardson Robert Hugh
Bought by
Bosarge Rickey G and Bosarge Sherry A
Current Estimated Value
$2,634,961

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,314,125
Outstanding Balance
$2,291,581
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$343,380

Purchase Details

Listed on
Oct 19, 2022
Closed on
Dec 10, 2022
Sold by
John J Marsicano Revocable Trust
Bought by
Robert Hugh Richardson Ii And Laura Reed Rich
Seller's Agent
Sandra LaRue
Corolla Beach Realty
Buyer's Agent
Edith Rowe
Brindley Beach Vacations & Sales-Duck
List Price
$699,000
Sold Price
$675,000
Premium/Discount to List
-$24,000
-3.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
61.81%

Purchase Details

Closed on
Sep 1, 2005
Sold by
Marsicano John J and Marsicano Rosemary B
Bought by
Marsicano Jhn J and John J Marsicano Revocable Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Bosarge Rickey G $2,722,500 None Listed On Document
Robert Hugh Richardson Ii And Laura Reed Rich $675,000 --
Marsicano Jhn J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bosarge Rickey G $2,314,125
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/19/2022 12/19/22 Sold $675,000 -3.4% --
11/03/2022 11/03/22 Pending -- -- --
10/19/2022 10/19/22 For Sale $699,000 -- --
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 $12,289 $1,052,900 $283,500 $769,400
2023 $9,048 $283,500 $283,500 $0
2022 $1,939 $283,500 $283,500 $0
2021 $1,939 $283,500 $283,500 $0
2020 $1,999 $283,500 $283,500 $0
2019 $1,999 $283,500 $283,500 $0
2018 $1,999 $283,500 $283,500 $0
2017 $1,857 $283,500 $283,500 $0
2016 $1,871 $283,500 $283,500 $0
2015 $1,871 $283,500 $283,500 $0
Source: Public Records

Agents Affiliated with this Home

  • Sandra LaRue

    Seller's Agent in 2022

    Sandra LaRue

    Corolla Beach Realty

    (252) 435-5379

    44 in this area

    75 Total Sales

    Sandra LaRue
    Section Image
  • Daniel LaRue

    Seller Co-Listing Agent in 2022

    Daniel LaRue

    Corolla Beach Realty

    (551) 404-7777

    28 in this area

    46 Total Sales

    Daniel LaRue
    Section Image
  • Edith Rowe

    Buyer's Agent in 2022

    Edith Rowe

    Brindley Beach Vacations & Sales-Duck

    (252) 202-6165

    66 in this area

    209 Total Sales

    Edith Rowe
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 120614

Outer Banks Association of REALTORS®

APN: 115A-000-0025-0012

North Carolina Currituck County Corolla 27927

871 Whalehead Dr, Corolla, NC

This home is located at 871 Whalehead Dr, Corolla, NC 27927 since 19 October 2022 and is currently estimated at $2,634,961. 871 Whalehead Dr is a home located in Currituck County with nearby schools including Knotts Island Elementary School, Currituck County Middle School, and Currituck County High School.

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