NOT LISTED FOR SALE

887 Whalehead Dr Corolla, NC 27927

Estimated Value: $1,206,000 - $2,152,000

10 Beds
12 Baths
6,562 Sq Ft
$269/Sq Ft Est. Value

Last Sold April 29, 2021

Last sale price $1,685,000 $257 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $9,968/month

3 Days on Market

Highlights

  • Community Beach Access
  • Home Theater
  • Cathedral Ceiling
  • Ocean View
  • Concrete Pool
  • Wood Flooring

About This Home

As of April 2021

This turn-key, 10 bedroom/10 full 2.5 bath (6562 sf) home is an investor's dream with over $157K in income already on the books for 2021 and $150K in total rentals for 2020, Absolute Paradise has it all! This property is steps away from Whalehead's closest beach access. The ground level provides a space for guests to enjoy lunch after a morning at the pool/beach.  Hang out and play pool, or kick-back and relax while watching a movie in the theatre room.  First-floor bedrooms include king/full bath; 2 double bunk rooms each with their own ensuite.  Head up the elevator to the second level to welcome guests at the second living space with, making it the perfect for entertaining.  All six bedrooms on the mid-level have their own ensuite.  The top floor welcomes guests with boasting views of the ocean from the spacious living room, dining room, and top floor master that includes a large double-vanity sink bath & master-closet. The outdoor area is equipped with outdoor showers, a cabana, & half-bath with plenty of space for guests to spread out and enjoy the pool area.  Close proximity to shopping, restaurants, and all of the activities that Corolla has to offer! Upgrades include new hot tub-2020; new decking around pool-2020; new decking in areas; interior upgrades (as well as all new 55"+ Smart TV's throughout, rugs, dining room chairs, etc.); new water-heater; new Bosch stovetop-2020; new 4-Ton Carrier Coastal HVAC & Air Handler-2020; new 2-Ton Tran HVAC & Air Handler-2020; and more. This home has it all, and is a must-see! See MLS associated docs for a full list of upgrades and improvements. Full investment analysis available upon request. Be sure to view the virtual tour by clicking the link or copy/paste into the browser: https://my.matterport.com/show/?m=9meASS68kpt&mls=1 *Additional photos coming soon*

Last Agent to Sell the Property

Heather McLay

OBX Homes License #188982 Listed on: 03/09/2021

OBX Homes

Co-Listed By

Ashley Ladd

Twiddy and Co. - Duck License #276643

Last Buyer's Agent

Matt Myatt

Keller Williams - Outer Banks License #218707

Keller Williams - Outer Banks

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,387

Year Built

  • Built in 2006

Lot Details

  • 0.46 Acre Lot
  • Level Lot

Home Design

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

Interior Spaces

  • 6,562 Sq Ft Home
  • Elevator
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Home Theater
  • Game Room
  • Ocean Views

Kitchen

  • Built-In Oven
  • Built-In Range
  • Ice Maker
  • Second Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 10 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Concrete Pool
  • Outdoor Pool
  • Spa

Outdoor Features

  • Covered Deck

Utilities

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

Listing and Financial Details

  • Tax Lot 29

Community Details

Overview

  • Property has a Home Owners Association
  • Whalehead Club Subdivision

Recreation

  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,387

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: Head N on Hwy 12 to Corolla, Turn Right onto Dolphin Street, Take Second Left onto Whalehead Drive, & 887 Whalehead Drive will be on the right.
  • Extras: Ceiling Fan(s), Covered Decks, Elevator, Hot Tub, Inside Laundry Room
  • Flood Zone: X
  • Subdivision Name: Whalehead Club
  • Headline: Turn-Key, Over $155K in GRI!
  • Heated Sq Ft: 6562
  • L V T Date: 03/10/2021
  • Roads: Paved
  • Sale/Rent: For Sale
  • Section: 11
  • Waterfront Location: 2 - lots from oceanfront (3rd row
  • Zoning: Res
  • Advertised Income 2020: 150000
  • Advertised Income 2021: 169470
  • Deed Book Pg Number: 929
  • 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: Countertop Range, Dishwasher, Dryer, Ice Machine, Refrigerator w/Ice Maker, Wall Oven, Washer, 2nd Dishwasher
  • Bedrooms: 10
  • Countertops: Granite
  • Electronic Locks: Leased
  • Floor Coverings: Carpet, Ceramic Tile, Tile, Hardwood
  • Foundation: Piling, Slab
  • Full Bathrooms: 10
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Gas Fireplace, Ensuite, Wet Bar
  • Optional Rooms: Game Room, Home Theater
  • Partial Bathrooms: 2

Exterior Features

  • Construction: Frame
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, Concrete, Heated, Private Pool
  • Roof: Asphalt/Fiber Shingle, Metal
  • View: Ocean

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Ocean Access
  • Association Fee: Voluntary - Restrictive Covenants May Apply

Lot Info

  • Estimated Lot Sq Ft: 20000
  • Lot Description: Level
  • Lot Faces: W
  • Lot Size: R
  • Lot Number: Lot 29
  • Estimated Lot Size: 0.46
  • Deed Book: 1553

Rental Info

  • Rental Co: Outer Banks Blue
  • Rental Cottage Name: Absolute Paradise
  • Rental Cottage Number: WH061
  • Rental Phone Number: 252-255-1220
  • Rental Turnover Day: Saturday
  • Rental Contact Email: sarah@outerbanksblue.com
  • Rental Contact Name: Sarah Moss
  • Rental Contact Phone: 252-255-1220

Building Info

  • Year Built: 2006

Tax Info

  • Year: 2020
  • Taxes: 7387.08

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2021
Closed on
Apr 19, 2021
Sold by
Hebert Troy Thomas and Debarreto Loren De
Bought by
Kupfer Todd Andrew and The Ta Kupfer Revocable Trust
Seller's Agent
Heather McLay
OBX Homes
Buyer's Agent
Matt Myatt
Keller Williams - Outer Banks
List Price
$1,575,000
Sold Price
$1,685,000
Premium/Discount to List
$110,000
6.98%
Current Estimated Value
$1,764,225

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,225
Avg. Annual Appreciation
0.97%
Original Mortgage
$1,245,488
Outstanding Balance
$1,119,639
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$644,586

Purchase Details

Listed on
Feb 20, 2020
Closed on
Aug 4, 2020
Sold by
Dpp Properties Llc
Bought by
Hebert Troy Thomas
Seller's Agent
Brad Beacham
Landmark Sotheby's Internation
Buyer's Agent
Heather McLay
OBX Homes
List Price
$1,199,000
Sold Price
$1,100,000
Premium/Discount to List
-$99,000
-8.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
83.90%
Original Mortgage
$990,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 5, 2019
Closed on
Oct 30, 2019
Sold by
Deutsche Bank National Trust Company
Bought by
Dpp Properties Llc and Mh40 Properties Llc
Seller's Agent
Sherry Price
OWNERS.com
Buyer's Agent
* **Not a Member
**Not a Member
List Price
$1,105,000
Sold Price
$727,000
Premium/Discount to List
-$378,000
-34.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
67.81%
Original Mortgage
$691,900
Interest Rate
3.65%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 2, 2019
Sold by
Golba Development Llc
Bought by
Deutsche Bank National Trust Company and American Home Mortgage Asset Trust

Purchase Details

Closed on
Apr 28, 2006
Sold by
Ww887 Inc
Bought by
Golba Development Llc

Purchase Details

Closed on
Jun 22, 2005
Sold by
Doleckt Michael
Bought by
Ww887 Inc Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$644,000
Interest Rate
5.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Kupfer Todd Andrew $1,685,000 None Available
Ta Kupfer Revocable Trust $992,500 Sharp Starkey
Hebert Troy Thomas $1,100,000 None Available
Dpp Properties Llc $727,000 None Available
Deutsche Bank National Trust Company -- None Available
Golba Development Llc -- None Available
Ww887 Inc Corp -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ta Kupfer Revocable Trust $1,245,488
Closed Ta Kupfer Revocable Trust $1,245,488
Previous Owner Hebert Troy Thomas $990,000
Previous Owner Dpp Properties Llc $691,900
Previous Owner Ww887 Inc Corp $644,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/29/2021 04/29/21 Sold $1,685,000 +7.0% $257 / Sq Ft
03/12/2021 03/12/21 Pending -- -- --
03/09/2021 03/09/21 For Sale $1,575,000 +43.2% $240 / Sq Ft
08/18/2020 08/18/20 Sold $1,100,000 -7.5% $170 / Sq Ft View Prior Sale
06/27/2020 06/27/20 Pending -- -- --
06/04/2020 06/04/20 Price Changed $1,189,000 -0.4% $184 / Sq Ft
04/20/2020 04/20/20 Price Changed $1,194,000 -0.4% $184 / Sq Ft
02/20/2020 02/20/20 For Sale $1,199,000 +64.9% $185 / Sq Ft
10/31/2019 10/31/19 Sold $727,000 -7.4% $111 / Sq Ft View Prior Sale
08/26/2019 08/26/19 Price Changed $785,100 -6.8% $120 / Sq Ft
07/30/2019 07/30/19 Price Changed $842,600 -10.1% $128 / Sq Ft
07/15/2019 07/15/19 Price Changed $937,600 -15.1% $143 / Sq Ft
06/05/2019 06/05/19 For Sale $1,105,000 -- $168 / Sq Ft
Source: Outer Banks Association of REALTORS®

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 $9,576 $1,075,400 $270,000 $805,400
2024 $9,576 $1,075,400 $270,000 $805,400
2023 $9,560 $1,075,400 $270,000 $805,400
2022 $8,067 $1,075,400 $270,000 $805,400
2021 $8,052 $974,300 $270,000 $704,300
2020 $7,387 $974,300 $270,000 $704,300
2019 $7,387 $974,300 $270,000 $704,300
2018 $7,387 $974,300 $270,000 $704,300
2017 $6,885 $974,300 $270,000 $704,300
2016 $6,936 $974,300 $270,000 $704,300
2015 $6,936 $974,300 $270,000 $704,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 113267

Outer Banks Association of REALTORS®

APN: 115A-000-0029-0011