$485,000
SOLD OCT 28, 2016
4 Beds
2 Baths
1,456 Sq Ft
0.46 Acres

Recently Sold

$333 Per Sq Ft

19% Below List Price

157 Days on Market

Highlights

  • Community Beach Access
  • In Ground Pool
  • Cathedral Ceiling
  • Ocean Front
  • Contemporary Architecture
  • Furnished

About This Home

As of January 2023

Whimsical, wonderful "O'Lone Time" is just what the doctor ordered! This charming cottage is one of the first ones built in Whalehead and has been lovingly maintained by the original owners. Charmingly appointed, your next perfect dream home is waiting with just a brief 200 foot walk to the access to a gorgeous beach. Create fond memories of Outer Banks living with splashing, laughing, fun and sun in the new 13 x 30 private pool. Prepare your favorite beverage at the wet bar equipped with an ice machine and a 40 bottle wine chiller before a relaxing soak in the six person hot tub. Enjoy a leisurely cup of coffee on the screened porch and soak up the rays on the spacious sun deck while the sea breezes coax you to nap or check out the great views of the majestic Atlantic. Affordably priced in one of Corolla's most popular neighborhoods, this is a great buy for the savvy investor.

Last Agent to Sell the Property

Susan Von Suskil

Howard Hanna Outer Banks Realt License #170335 Listed on: 03/29/2016

Howard Hanna Outer Banks Realt

Last Buyer's Agent

* **Not a Member

**Not a Member License #NA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,709

Year Built

  • Built in 1981

Lot Details

  • Lot Dimensions are 100 x 200
  • Ocean Front
  • Level Lot

HOA Fees

  • $4 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Asphalt Shingled Roof
  • Piling Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,456 Sq Ft Home
  • Wet Bar
  • Furnished
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • Screened Porch
  • Carpet
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Laminate Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Carport
  • Tuck Under Parking

Pool

  • In Ground Pool
  • Fiberglass Pool
  • Outdoor Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Tax Lot #16

Community Details

Overview

  • Whalehead Club Subdivision

Recreation

  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,709

Year Built

Built in 1981

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary
  • Extras: Ceiling Fan(s), Covered Decks, Hot Tub, Outside Lighting, Outside Shower, Screened Porch, Smoke Detector(s), Sun Deck
  • Flood Zone: AE
  • Headline: Discovered Treasure!
  • Heated Sq Ft: 1456
  • L V T Date: 03/29/2016
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: 8
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: RES
  • Deed Book Pg Number: 836
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Ice Machine, Range/Oven, Refrigerator w/Ice Maker, Washer, Wine Cooler
  • Bedrooms: 4
  • Countertops: Laminate
  • Floor Coverings: Carpet
  • Foundation: Piling
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Beamed Ceiling(s), Cathedral Ceiling(s), Dryer Connection, Ice Maker Connection, Washer Connection, Wet Bar

Exterior Features

  • Exterior: Vinyl
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Fiberglass, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 100
  • View: Ocean

Garage/Parking

  • Garage: 1 Car, Carport
  • Parking: Under

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Ocean Access
  • Association Fee: Voluntary - Restrictive Covenants May Apply
  • Estimated Annual Fee: 50

Lot Info

  • Lot Description: Level
  • Lot Faces: East
  • Lot Size: 100 x 200
  • Lot Number: Lot#16
  • Deed Book: 238

Rental Info

  • Est Annual Rental Income: 30000
  • Lease Terms: Weekly
  • Other Expenses: 330000
  • Rental Co: Carolina Shores
  • Rental Cottage Name: O'Lone Time
  • Rental Cottage Number: WH952
  • Rental Phone Number: 252-715-1901
  • Rental Turnover Day: Saturday

Building Info

  • Year Built: 1981

Tax Info

  • Year: 2015
  • Taxes: 3709.2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2016
Closed on
Oct 7, 2016
Sold by
O Lone Daniel J and O Lone Martha T
Bought by
Sb&K Investments Llc
Seller's Agent
Susan Von Suskil
Howard Hanna Outer Banks Realt
Buyer's Agent
* **Not a Member
**Not a Member
List Price
$599,000
Sold Price
$485,000
Premium/Discount to List
-$114,000
-19.03%
Current Estimated Value
$2,419,642

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,934,642
Avg. Annual Appreciation
20.34%

Purchase Details

Closed on
Dec 31, 1899
Bought by
O Lone Daniel J Et Ux Martha A
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 Type Sale Price Title Company
Deed $2,425,000 Attorney
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,785,000 New Conventional
Closed $1,000,000 Unknown
Previous Owner $385,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2023 01/06/23 Sold $2,550,000 0.0% $396 / Sq Ft
12/14/2022 12/14/22 Off Market $2,550,000 -- --
11/27/2022 11/27/22 Pending -- -- --
11/01/2022 11/01/22 Price Changed $2,900,000 -3.3% $450 / Sq Ft
09/28/2022 09/28/22 Price Changed $3,000,000 -14.3% $466 / Sq Ft
09/14/2022 09/14/22 For Sale $3,500,000 +621.6% $544 / Sq Ft
10/28/2016 10/28/16 Sold $485,000 -19.0% $333 / Sq Ft
09/02/2016 09/02/16 Pending -- -- --
03/29/2016 03/29/16 For Sale $599,000 -- $411 / 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 $11,977 $1,370,800 $400,000 $970,800
2023 $10,919 $1,370,800 $400,000 $970,800
2022 $10,144 $1,370,800 $400,000 $970,800
2021 $10,129 $1,091,600 $330,000 $761,600
2020 $8,234 $1,091,600 $330,000 $761,600
2019 $8,234 $1,091,600 $330,000 $761,600
2018 $8,234 $1,091,600 $330,000 $761,600
2017 $2,412 $514,000 $330,000 $184,000
2016 $3,709 $514,000 $330,000 $184,000
2015 $3,709 $514,000 $330,000 $184,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 91766

Outer Banks Association of REALTORS®

APN: 115A-000-0016-0008