NOT LISTED FOR SALE

940 Whalehead Dr Corolla, NC 27927

Estimated Value: $1,127,000 - $1,232,000

6 Beds
5.5 Baths
2,932 Sq Ft
$401/Sq Ft Est. Value

Last Sold March 15, 2013

Last sale price $650,000 $222 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $6,616/month

103 Days on Market

Highlights

  • Community Beach Access
  • Outdoor Pool
  • Cathedral Ceiling
  • Ocean View
  • Contemporary Architecture
  • Wood Flooring

About This Home

As of March 2013

JUST REDUCED AGAIN!!! Must see. Great home with an affordable price. New pool deck area, new tile floors, new carpet and new landscaping. Just refinished hardwood floors. Well maintained and furnished. Upper decks afford ocean views. Guaranteed 50K gross rental income.

Last Agent to Sell the Property

Ronald Barrett

Brindley Beach Vacations & Sales - Cor License #94054 Listed on: 10/19/2012

Last Buyer's Agent

Andrew Darling

Keller Williams - Outer Banks License #211211

Keller Williams - Outer Banks

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,486

Year Built

  • Built in 1999

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 100x200
  • Landscaped
  • Level Lot

Home Design

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

Interior Spaces

  • 2,932 Sq Ft Home
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Game Room
  • Utility Room
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Carport
  • Tuck Under Parking

Pool

  • Outdoor Pool
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Patio
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Tax Lot #44

Community Details

Overview

  • Whalehead Club Subdivision

Recreation

  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,486

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary, Reverse Floor Plan
  • Directions: Hwy 12 N, rt on Bonito, 2nd left on Whalehead Dr, house on left.
  • Extras: Ceiling Fan(s), Jet Tub, Landscaped, Outside Lighting, Outside Shower, Patio, Smoke Detector(s), Sun Deck
  • Subdivision Name: Whalehead Club PUD
  • Headline: SEE and COMPARE !
  • Heated Sq Ft: 2932
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: 9
  • Waterfront Location: 3 - lots from oceanfront (4th row)
  • Zoning: Res
  • Deed Book Pg Number: 328
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 6
  • Floor Coverings: Carpet, Tile, Wood
  • Foundation: Piling, Slab
  • Full Bathrooms: 5
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Washer Connection, Wet Bar
  • Optional Rooms: Game Room, Utility Room
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Vinyl
  • Pool: Yes
  • Pool Type: Outdoor
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Garage: 3 + Car, Carport
  • Parking: Paved, Under

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Ocean Access
  • Home Owner Dwelling Insurance: 2242

Lot Info

  • Estimated Lot Sq Ft: 20000
  • Lot Description: Level
  • Lot Faces: E
  • Lot Size: 100x200
  • Lot Number: Lot #44
  • Deed Book: 863

Rental Info

  • Est Annual Rental Income: 55930
  • Estimated Rental Performance: 0.086
  • Flood Expenses: 1888
  • Lease Terms: Weekly
  • Poolspa Expense: 2900
  • Rental Co: Brindley Beach Vacations
  • Rental Cottage Name: Aloha
  • Rental Cottage Number: WW940
  • Rental Phone Number: 453.3033
  • Rental Turnover Day: Sat
  • Yearly Expense Actual Estimate: Estimated
  • Annual Electric: 3200

Building Info

  • Year Built: 1999

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2012
  • Taxes: 3486.1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2012
Closed on
Feb 20, 2013
Sold by
Kenney Lawrence F and Kenney Mary Ellen
Bought by
Francis Matthew E and Francis Cynthia L
Seller's Agent
Ronald Barrett
Brindley Beach Vacations & Sales - Cor
Buyer's Agent
Andrew Darling
Keller Williams - Outer Banks
List Price
$695,000
Sold Price
$650,000
Premium/Discount to List
-$45,000
-6.47%
Current Estimated Value
$1,175,063

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$525,063
Avg. Annual Appreciation
4.73%
Original Mortgage
$417,000
Outstanding Balance
$291,485
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$883,578

Purchase Details

Closed on
Jan 12, 2005
Sold by
Boocks Joseph H and Boocks Carolyn F
Bought by
Kenney Lawrence F and Kenney Mary Ellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
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
Francis Matthew E $650,000 None Available
Kenney Lawrence F $1,000,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Francis Matthew E $417,000
Previous Owner Kenney Lawrence F $675,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2013 03/15/13 Sold $650,000 -6.5% $222 / Sq Ft
01/30/2013 01/30/13 Pending -- -- --
10/19/2012 10/19/12 For Sale $695,000 -- $237 / 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 $5,733 $639,000 $230,000 $409,000
2024 $5,733 $639,000 $230,000 $409,000
2023 $5,717 $639,000 $230,000 $409,000
2022 $4,912 $639,000 $230,000 $409,000
2021 $4,888 $623,500 $250,000 $373,500
2020 $4,764 $623,500 $250,000 $373,500
2019 $4,764 $623,500 $250,000 $373,500
2018 $4,764 $623,500 $250,000 $373,500
2017 $4,468 $623,500 $250,000 $373,500
2016 $4,501 $623,500 $250,000 $373,500
2015 $4,488 $623,500 $250,000 $373,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 76669

Outer Banks Association of REALTORS®

APN: 115A-000-0044-0009