NOT LISTED FOR SALE

969 Whalehead Dr Corolla, NC 27927

Estimated Value: $1,420,000 - $1,727,000

0.46 Acre
$3,370,712 Price per Acre
19,994 Sq Ft Lot

Last Sold March 23, 2022

Last sale price $530,000

Est. 192% increase in value since last sale

Current estimated payment $8,659/month

473 Days on Market

About This Lot

As of March 2022

"BUILDING READY LOT". CLEARED, FILLED, GRADED AND READY TO GO !! ONE IN FROM THE CORNER AND READY FOR YOUR DREAM HOME. Get investment value and Beach Access similar to many Semi-Oceanfront's at 80% of the cost. Prices are rising with Whalehead Oceanfront's going for $2.0 Mil and Semi's going for $750K. Take advantage of this Whalehead 3rd Row Building Ready before prices rise further. Take the cost and guess work out of the equation, no hidden "prep" cost or unknowns. Buy a Lot that's ready for construction and avoid Lot prep costs which can run 10's of thousands of dollars associated with many Vacant Lots. Just steps from the beach walk-way/access. Lot will likely offer great Ocean views and accommodate a 12 B/R, 12 Bath Dream home with potential Annual Rentals of $220K. 100'X 200' and X-Flood Zone making this Lot an attractive investment. Close to the Ocean, Shopping, Restaurants and local attractions.

Last Agent to Sell the Property

Susan Ayers

Home Zu License #216309 Listed on: 10/29/2020

Last Buyer's Agent

Toy Warden

RE/MAX Coastal Associates - Outer Banks License #170337

RE/MAX Coastal Associates - Outer Banks

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,904

Lot Details

  • Level Lot

Utilities

  • Municipal Utilities District Water
  • Private or Community Septic Tank

Community Details

Overview

  • Property has a Home Owners Association
  • George Mears Association
  • Whalehead Club Subdivision

Recreation

  • Golf Course Community

Property Details

Property Type

Land

Est. Annual Taxes

$1,904

Listing Details

  • Class: LOTS/LAND
  • Directions: Head north on NC-12 N toward Bonito St Turn right onto Bonito St Turn left at the 2nd cross street onto Whalehead Dr
  • Flood Zone: X
  • L V T Date: 10/29/2020
  • Roads: Public
  • Sale/Rent: For Sale
  • Waterfront Location: 2 - lots from oceanfront (3rd row
  • Zoning: RES
  • Deed Book Pg Number: 89
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C23486
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Sewer/Septic System: Private Septic
  • Water: Municipal
  • Electric: Available

Condo/Co-op/Association

  • Association Amenities: Golf Course
  • Association Fee: Voluntary - Restrictive Covenants May Apply
  • Hoa Contact: George Mears
  • HOA Contact: George Mears

Lot Info

  • Lot Description: Level
  • Deed Book: 1564
  • Unit/Lot Number: Lot 27

Tax Info

  • Year: 2020
  • Taxes: 1904

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 4, 2024
Sold by
Diersen Jr Glenn R and Ildari Nina
Bought by
Utopia Escape Llc
Current Estimated Value
$1,547,157

Purchase Details

Listed on
Oct 29, 2020
Closed on
Mar 22, 2022
Sold by
Palazzo Del Sole Llc
Bought by
Diersen Glenn R and Diersen Nina Ildari
Seller's Agent
Susan Ayers
Home Zu
Buyer's Agent
Toy Warden
RE/MAX Coastal Associates - Outer Banks
List Price
$389,900
Sold Price
$530,000
Premium/Discount to List
$140,100
35.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.98%

Purchase Details

Listed on
Jul 22, 2020
Closed on
Sep 29, 2020
Sold by
Phillips Richard W and Phillips Lee A
Bought by
Palazzo Del Sole Llc
Seller's Agent
Tim Lancsek
Surfside Realty
Buyer's Agent
Tim Lancsek
Surfside Realty
List Price
$299,000
Sold Price
$265,000
Premium/Discount to List
-$34,000
-11.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
59.73%

Purchase Details

Listed on
Aug 4, 2014
Closed on
Oct 3, 2014
Sold by
Wolber Noel F and Wolber Marsha A
Bought by
Phillips Richard W and Phillips Lee A
Seller's Agent
Debra Price
Debbie Price, Broker
Buyer's Agent
Tim Lancsek
Surfside Realty
List Price
$298,500
Sold Price
$272,000
Premium/Discount to List
-$26,500
-8.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.43%
Original Mortgage
$175,000
Interest Rate
4.15%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Utopia Escape Llc -- None Listed On Document
Utopia Escape Llc -- None Listed On Document
Diersen Glenn R -- Brumsey & Brumsey Pllc
Palazzo Del Sole Llc $265,000 None Available
Phillips Richard W $272,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Phillips Richard W $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/23/2022 03/23/22 Sold $530,000 -3.6% --
02/14/2022 02/14/22 Pending -- -- --
08/04/2021 08/04/21 Price Changed $549,900 -6.8% --
04/28/2021 04/28/21 Price Changed $589,900 +37.2% --
04/01/2021 04/01/21 Price Changed $429,900 +10.3% --
10/29/2020 10/29/20 For Sale $389,900 +47.1% --
09/30/2020 09/30/20 Sold $265,000 -11.4% -- View Prior Sale
07/24/2020 07/24/20 Pending -- -- --
07/22/2020 07/22/20 For Sale $299,000 +9.9% --
10/03/2014 10/03/14 Sold $272,000 -8.9% -- View Prior Sale
08/07/2014 08/07/14 Pending -- -- --
08/04/2014 08/04/14 For Sale $298,500 -- --
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 $8,354 $932,600 $270,000 $662,600
2024 $8,354 $932,600 $270,000 $662,600
2023 $1,985 $270,000 $270,000 $0
2022 $1,847 $270,000 $270,000 $0
2021 $1,847 $270,000 $270,000 $0
2020 $1,904 $270,000 $270,000 $0
2019 $1,904 $270,000 $270,000 $0
2018 $1,904 $270,000 $270,000 $0
2017 $1,769 $270,000 $270,000 $0
2016 $1,782 $270,000 $270,000 $0
2015 $1,782 $270,000 $270,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 111666

Outer Banks Association of REALTORS®

APN: 115A-000-0027-0008

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