NOT LISTED FOR SALE

Estimated Value: $2,316,276 - $2,695,000

10 Beds
10.5 Baths
6,634 Sq Ft
$371/Sq Ft Est. Value

Last Sold October 05, 2018

Last sale price $1,335,000 $201 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $14,620/month

281 Days on Market

Highlights

  • Ocean Front
  • Home Theater
  • Second Refrigerator
  • Beach Access
  • Cabana
  • Coastal Architecture

About This Home

As of October 2018

Amazing Ocean Views and Quick Walk to Beach from this Semi Ocean Front Whalehead Club 10 bedroom 10.5 bath home. Strong Consistent Rental Income with 11.61% GRI . This home is located on large 20,000 Sq Ft lot (almost 1/2 acre lot) and just one house from the Beach Access to the gorgeous soft sand Whalehead Beach. There are 9 Master Bedrooms of which one has an adjoining Nursery and the 10th bedroom has its own hall bathroom. This home has High End Finishes and Upgrades to include Upgraded Cabinets, Flooring, Appliances, 2 Tiled Showers, Wainscotting, ELEVATOR and is beautifully Furnished and Decorated. Kitchen features Silestone Counters, Kitchen Aid Stainless Steel Appliances with 2 oversized Refrigerators, 2 Dishwashers, 2 Ovens, a 6 Burner Gas Range, and large Island Bar with Sink & Bar stools. This home has been lovingly maintained. Top Floor is spacious and open for all to gather and fabulous Ocean Views from Living Room, Dining Room, Kitchen and Ships Watch. Top Level has 2 Master Bedrooms, Ships Watch with inviting sitting area, and 1/2 Bath plus access to Ocean Side Decks. Second Level has 5 Master Bedrooms, Office and access to spacious Shaded Decks. Ground Level has Great Rec Room/Media Room with Pool Table, TV/Sitting Room, Mini Bar with Seating, Full Refrigerator, Microwave, Sink and Access to Beautiful oversized Pool Area with 16 x 32 Heated Pool, Hot Tub, and Cabana. Huge Private Pool area to relax and enjoy plenty of sun and shade plus outside showers. Off of Rec Room there are 3 Bedrooms - Master Queen, Master with 2 Duo Bunks and a third Bedroom has a Duo/Tr with its own Hall Bath. There are Decks galore. Enjoy all the expansive decks on all levels - many with ocean views. This home features many maintenance free exterior products including Vinyl Cedar Shakes, Composite Decking, and Vinyl Railings. If you are looking for a lovingly Maintained Quality Updated Home with Expansive Decks, Gorgeous Ocean Views, just one house from the Beach Access , Strong Rental Income with GRI of 11.61%, then this is the home for you!

Last Agent to Sell the Property

Daniel LaRue

Corolla Beach Realty License #257370 Listed on: 10/17/2017

Co-Listed By

Sandra LaRue

Corolla Beach Realty License #244093

Last Buyer's Agent

Four Seasons Realty

Four Seasons Realty License #177785

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,518

Year Built

  • Built in 2005

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 100x200
  • Ocean Front
  • Level Lot

HOA Fees

  • $4 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Shake Siding
  • Piling Construction
  • Vinyl Construction Material

Interior Spaces

  • 6,634 Sq Ft Home
  • Elevator
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Entrance Foyer
  • Home Theater
  • Game Room
  • Ocean Views
  • Stacked Washer and Dryer

Kitchen

  • Built-In Oven
  • Microwave
  • Second Refrigerator
  • Second Dishwasher
  • Corian Countertops

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 10 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Hydromassage or Jetted Bathtub

Parking

  • Tuck Under Parking
  • Paved Parking
  • Off-Street Parking

Pool

  • Cabana
  • Heated In Ground Pool
  • Outdoor Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Beach Access
  • Sun Deck
  • Covered Deck
  • Exterior Lighting

Utilities

  • Forced Air Zoned 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 # 24

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,518

Year Built

Built in 2005

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Directions: Route 12 North. Enter Corolla. Right on Bonito. Take 3rd Left on Lighthouse Drive. Home is on the left.
  • Extras: Beach Access, Cabana, Ceiling Fan(s), Covered Decks, Elevator, Hot Tub, Jet Tub, Outside Lighting, Outside Shower, Sun Deck
  • Subdivision Name: WHALEHEAD CLUB SEC 8
  • Headline: 11.61 % GRI / Semi OceanFront
  • Heated Sq Ft: 6634
  • L V T Date: 10/17/2017
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: 8
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: RES
  • Deed Book Pg Number: 553
  • 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: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Ice Machine, Microwave, Range/Oven, Refrigerator, Wall Oven, Washer, 2nd Dishwasher, 2nd Refrigerator, Stackable Washer/Dryer
  • Bedrooms: 10
  • Bedroom 1: KingMaster, On Level: 3
  • Bedroom 2: KingMaster, On Level: 3
  • Bedroom 3: KingMaster, On Level: 2
  • Bedroom 4: KingMaster, On Level: 2
  • Bedroom 5: KingMaster, On Level: 2
  • Bedroom 6: MasterKing, On Level: 2
  • Bedroom 7: QueenMastr, On Level: 2
  • Bedroom 8: Master, On Level: 1
  • Kitchen: Ocean View, On Level: 3
  • Countertops: Corian, Silestone
  • Floor Coverings: Carpet, Ceramic Tile, Wood, Wood Laminate
  • Foundation: Piling
  • Full Bathrooms: 10
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, All Window Treatments, Cathedral Ceiling(s), Gas Fireplace, Ensuite, Pantry, Walk in Closet, Wet Bar
  • Dining Room: Ocean View, On Level: 3
  • Game Room: Spacious, On Level: 1
  • Living Room: Ocean View, On Level: 3
  • Optional Room 2: MasterBR, On Level: 1
  • Optional Room 3: Duo/Tr, On Level: 1
  • Optional Rooms: Foyer, Game Room, Office, Pantry, Shipswatch, Media Room
  • Partial Bathrooms: 1
  • Optional Room 1: ShipsWatch, On Level: 3

Exterior Features

  • Construction: Frame, Wood
  • Covered Deck Size: Huge
  • Exterior: Shakes, Vinyl
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Heated, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 100
  • Sun Deck Size: Huge
  • View: Ocean

Garage/Parking

  • Garage: Carport
  • Parking: Paved, Off Street, Under

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Estimated Lot Sq Ft: 20000
  • Lot Description: Level
  • Lot Faces: E
  • Lot Size: 100X200
  • Lot Number: Lot # 24
  • Estimated Lot Size: 0.46
  • Deed Book: 560

Rental Info

  • Est Annual Rental Income: 168365
  • Estimated Rental Performance: 0.1261
  • Lease Terms: Weekly
  • Rental Co: Twiddy and Company
  • Rental Cottage Name: Ocean's 10
  • Rental Cottage Number: J20968
  • Rental Phone Number: 866.457.1190
  • Rental Turnover Day: Sunday

Building Info

  • Year Built: 2005

Tax Info

  • Year: 2017
  • Taxes: 7517.97

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2017
Closed on
Oct 4, 2018
Sold by
Fricano Dorrie Linda
Bought by
Fricano Christopher A
Seller's Agent
Daniel LaRue
Corolla Beach Realty
Buyer's Agent
Four Seasons Realty
Four Seasons Realty
List Price
$1,500,000
Sold Price
$1,335,000
Premium/Discount to List
-$165,000
-11%
Current Estimated Value
$2,463,819

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,128,819
Avg. Annual Appreciation
9.47%
Original Mortgage
$220,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Listed on
Oct 17, 2017
Closed on
Sep 26, 2018
Sold by
Fricano Christopher A and Fricano Tani E
Bought by
Mjb Obx Llc
Seller's Agent
Daniel LaRue
Corolla Beach Realty
Buyer's Agent
Four Seasons Realty
Four Seasons Realty
List Price
$1,500,000
Sold Price
$1,335,000
Premium/Discount to List
-$165,000
-11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 18, 2001
Bought by
Fricano Christopher A and Fricano Tani E
Source: Public Records

Similar Homes in Corolla, NC

  • 991 N Harbor View Unit Lot 15, Corolla, NC 27927

    $1,999,000

    • 10 Beds
    • 10.5 Baths
    • 4,234 Sq Ft
    • 991 N Harbor View
    • Unit Lot 15
    • Corolla, NC

    The consistent rental income confirms this oceanside home is perfectly designed to host our selective vacationers! This well-designed floor plan provides private, comfortable sleeping quarters and plenty of communal rooms to gather for shared activities. The design includes ten bedrooms (nine with private baths), an open great room, and a large kitchen with GE appliances (2 refrigerators, 2

    Robert Ladd Twiddy and Co. - Duck

    Section Image
  • 891 Whalehead Dr Unit 27, Corolla, NC 27927

    $2,125,000

    • 10 Beds
    • 10 Baths
    • 5,244 Sq Ft
    • 891 Whalehead Dr
    • Unit 27
    • Corolla, NC

    Wow! As you enter this palatial home you realize this is no ordinary beach house. The winding grand staircases greet you and lead you to all the opulence this home has to offer. Lovingly cared for by its long-time owner, Grapefruit Moon is a true masterpiece, embodying the pinnacle of luxury that Corolla has to offer. Spanning over 5,200 square feet and featuring ten bedrooms, this property is

    Chandler Spawr Coastal Property Partners

    Section Image
  • 887 Whalehead Dr Unit 29, Corolla, NC 27927

    $2,245,000

    • 10 Beds
    • 12 Baths
    • 6,405 Sq Ft
    • 887 Whalehead Dr
    • Unit 29
    • Corolla, NC

    This expansive, 3rd row 6,000+ square foot vacation rental home offers 10 en suite bedrooms each with private bathrooms, two additional half baths, an elevator, an open floor plan featuring a spacious kitchen with granite countertops, large dining area, and a great room with cathedral ceilings and a gas fireplace. In addition, this property boasts ocean views, a mid-level den, a media room, game

    The Myatt Group Team Keller Williams - Outer Banks

    Section Image
  • 838 Lighthouse Dr Unit 21, Corolla, NC 27927

    $2,299,000

    • 9 Beds
    • 10 Baths
    • 5,505 Sq Ft
    • 838 Lighthouse Dr
    • Unit 21
    • Corolla, NC

    Back on the market, $100k price drop! Welcome to “Sunlight,” your dream coastal retreat in the popular Whalehead Community of Corolla with over $200k on the books for 2024. This remarkable semi-oceanfront property boasts an incredible 9 bedrooms and 8 bathrooms, making it the perfect haven for large families and groups seeking the ultimate Outer Banks experience. As you approach this stunning

    Matt Preston Twiddy and Company - Corolla

    Section Image
  • 2237 Sandfiddler Rd Unit Lot  9, Corolla, NC 27927

    $2,449,000

    • 12 Beds
    • 12.5 Baths
    • 4,997 Sq Ft
    • 2237 Sandfiddler Rd
    • Unit Lot 9
    • Corolla, NC

    A promising investment opportunity is calling, profit margin is high on the short term rentals and the maintenance cost are much lower due to newer construction. This property has already secured over $193k in rental income for 2025, demonstrating strong investment potential!Experience unparalleled coastal living in this stunning oceanfront masterpiece located in the exclusive 4-wheel drive area

    Donna Brodeur Century 21 Nachman Realty

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Fricano Christopher A -- None Available
Mjb Obx Llc $1,335,000 None Available
Fricano Christopher A $459,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mjb Obx Llc $250,000
Closed Mjb Obx Llc $220,000
Previous Owner Fricano Christopher A $350,000
Previous Owner Fricano Charistpher A $850,000
Previous Owner Fricano Christopher A $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2018 10/05/18 Sold $1,335,000 -7.9% $201 / Sq Ft
07/25/2018 07/25/18 Pending -- -- --
04/25/2018 04/25/18 Price Changed $1,450,000 -3.3% $219 / Sq Ft
10/17/2017 10/17/17 For Sale $1,500,000 -- $226 / 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 $10,694 $1,250,700 $400,000 $850,700
2023 $10,694 $1,250,700 $400,000 $850,700
2022 $9,019 $1,250,700 $400,000 $850,700
2021 $9,004 $1,105,100 $330,000 $775,100
2020 $8,090 $1,105,100 $330,000 $775,100
2019 $8,088 $1,105,100 $330,000 $775,100
2018 $8,088 $1,105,100 $330,000 $775,100
2017 $7,518 $1,105,100 $330,000 $775,100
2016 $7,574 $1,105,100 $330,000 $775,100
2015 $7,577 $1,105,100 $330,000 $775,100
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Outer Banks Association of REALTORS®

MLS Number: 98168

Outer Banks Association of REALTORS®

APN: 115A-000-0024-0008