NOT LISTED FOR SALE

Estimated Value: $932,000 - $1,011,000

5 Beds
3.5 Baths
2,210 Sq Ft
$438/Sq Ft Est. Value

Last Sold December 12, 2016

Last sale price $534,000 $242 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $5,643/month

188 Days on Market

Highlights

  • Ocean View
  • Contemporary Architecture
  • Furnished
  • Concrete Pool
  • Cathedral Ceiling
  • Covered Deck

About This Home

As of December 2016

This spacious 5 bedroom home has been recently remodeled in 2016. New flooring throughout, new vanities in all bathrooms with man made stone countertops and light fixtures, and master bath has new luxurious custom tile shower. Brand new HVAC unit June 2016.This retreat house is only 1 lot from direct beach access and has gorgeous ocean views. Home is designed for comfort and relaxation; with a large open floor plan, ships watch with ocean views, and bright beach decor. There are 2 huge master suites with a see through glass fireplace between bedroom and jet tub, with custom tile shower in master bathroom. Home is surrounded by vegetation providing extra privacy and you will never get tired of the PANORAMIC ocean views. Enjoy the PRIVATE SWIMMING POOL (12' x 24') and HOT TUB (8 person). The sellers re configured the kitchen to add center island, more windows for view, and open to great room for easy entertaining. Appreciate the recent upgrades; new low maintenance laminate flooring, carpet, newer furniture package in great room, new roof in 2004, freshly painted exterior and stained decks October 2014, brand new stainless steel refrigerator and dishwasher in 2015, a professional landscape package costing over $8,000 dollars complete with irrigation system, and the HVAC unit being replaced two times since they have owned. The sellers are the original owners and put a lot of thought in the design and functionality. The deck off 2nd master on mid level was thoughtfully designed to be easily enclosed for a 6th bedroom (septic would need to be upgraded) or gameroom. Located in Whalehead Beach, near the heart of the historic Village of Corolla, this lovely home is convenient to shopping and restaurants, and beach access is only 500 ft. away at Coral Street. Sellers do not maximize rental potential and limit rentals to peak season. Rental projection on file from Seaside Vacations for $51,000. Your buyers will love the location and turn key beach cottage. Buy today and collect summer income! 19 weeks already booked for 2016 grossing $44,685(as of 5/24/16).

Last Agent to Sell the Property

Heather VanderMyde

Coldwell Banker Seaside Realty - KDH License #207518 Listed on: 03/29/2016

Coldwell Banker Seaside Realty - KDH

Co-Listed By

Will Gregg

Coldwell Banker Seaside Realty - KDH License #233996

Last Buyer's Agent

Briann Mehfoud

Twiddy and Co. - Duck License #240131

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,735

Year Built

  • Built in 1994

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 100x100
  • Landscaped
  • Level Lot
  • Sprinkler System

Property Views

  • Ocean Views
  • Views of a Sound

Home Design

  • Contemporary Architecture
  • Reverse Style Home
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Piling Construction

Interior Spaces

  • 2,210 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • Tuck Under Parking
  • Paved Parking

Pool

  • Concrete Pool
  • Outdoor Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Covered Deck

Utilities

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

Community Details

  • Whalehead Club Subdivision

Listing and Financial Details

  • Tax Lot #45

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,735

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary, Reverse Floor Plan
  • Extras: Ceiling Fan(s), Covered Decks, Hot Tub, Landscaped, Lawn Sprinklers, Outside Shower, Smoke Detector(s), Sun Deck
  • Flood Zone: X
  • Subdivision Name: Whalehead Club
  • Headline: Just Remodeled/Easy beach acc.
  • Heated Sq Ft: 2210
  • L V T Date: 03/29/2016
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: 11
  • Waterfront Location: 3 - lots from oceanfront (4th row)
  • Zoning: Res
  • Deed Book Pg Number: 0816
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 5
  • Bedroom 1: Master #1, On Level: 3
  • Bedroom 2: Master #2, On Level: 2
  • Bedroom 3: Open, On Level: 2
  • Bedroom 4: Spacious, On Level: 2
  • Bedroom 5: Spacious, On Level: 2
  • Kitchen: Ocean View, On Level: 3
  • Countertops: Laminate, Solid Surface
  • Floor Coverings: Carpet, Ceramic Tile, Wood Laminate
  • Foundation: Piling, Slab
  • Full Bathrooms: 3
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s)
  • Dining Room: Ocean View, On Level: 3
  • Living Room: Ocean View, On Level: 3
  • Optional Rooms: Shipswatch
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Wood
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, Concrete, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • Sun Deck Size: Ocean view
  • View: Ocean, Sound

Garage/Parking

  • Parking: Paved, Under

Utilities

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

Lot Info

  • Estimated Lot Sq Ft: 20000
  • Lot Description: Level
  • Lot Faces: E
  • Lot Size: 100x100
  • Lot Number: Lot #45
  • Deed Book: 0324

Rental Info

  • Est Annual Rental Income: 44685
  • Estimated Rental Performance: 0.0837
  • Lease Terms: Weekly
  • Rental Co: Seaside Vacations
  • Rental Cottage Name: Lasting Impressions
  • Rental Cottage Number: 1325
  • Rental Turnover Day: Saturday

Building Info

  • Year Built: 1994

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2015
  • Taxes: 3735

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2016
Closed on
Dec 12, 2016
Sold by
Spiegl John W and Splegl Jerrilyn K
Bought by
Zaug Kenneth and Zaug Catherine
Seller's Agent
Heather VanderMyde
Coldwell Banker Seaside Realty - KDH
Buyer's Agent
Briann Mehfoud
Twiddy and Co. - Duck
List Price
$585,000
Sold Price
$534,000
Premium/Discount to List
-$51,000
-8.72%
Current Estimated Value
$968,635

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$434,635
Avg. Annual Appreciation
7.04%
Original Mortgage
$314,000
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 21, 1993
Bought by
Spiegl John W and Spiegl Jerrilyn K
Source: Public Records

Range of Values:

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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
Zaug Kenneth $534,000 Attorney
Spiegl John W $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zaug Kenneth $254,600
Closed Zaug Kenneth $114,000
Closed Zaug Kenneth $314,000
Previous Owner Spiegl John W $448,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2016 12/12/16 Sold $534,000 -8.7% $242 / Sq Ft
10/03/2016 10/03/16 Pending -- -- --
03/29/2016 03/29/16 For Sale $585,000 -- $265 / 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
2024 $4,871 $525,000 $230,000 $295,000
2023 $4,871 $525,000 $230,000 $295,000
2022 $4,128 $525,000 $230,000 $295,000
2021 $4,113 $514,900 $250,000 $264,900
2020 $4,003 $514,900 $250,000 $264,900
2019 $3,993 $514,900 $250,000 $264,900
2018 $3,993 $514,900 $250,000 $264,900
2017 $3,718 $514,900 $250,000 $264,900
2016 $3,736 $514,900 $250,000 $264,900
2015 $3,736 $514,900 $250,000 $264,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 91762

Outer Banks Association of REALTORS®

APN: 115A-000-0045-0011