NOT LISTED FOR SALE

978 Whalehead Dr Corolla, NC 27927

Estimated Value: $923,000 - $1,055,897

6 Beds
4 Baths
2,715 Sq Ft
$363/Sq Ft Est. Value

Last Sold November 19, 2020

Last sale price $550,000 $203 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $5,641/month

68 Days on Market

Highlights

  • Ocean View
  • In Ground Pool
  • Coastal Architecture
  • Beach Access
  • Rooftop Deck
  • Cathedral Ceiling

About This Home

As of November 2020

Best Value on Whalehead Drive! With some TLC this cottage could be a terrific rental machine in a great location! This 6 bedroom (2 are master suites) and 4 bath home is located in the heart of Corolla and just 3 lots from the direct beach access. Enjoy unobstructed ocean views from the top level and crows nest! The crow's nest will not disappoint. Enjoy sound, ocean views, and those outer banks mesmerizing sunsets. The top level features; a chef's kitchen (renovated in 2019) with Quartz Countertops, Chef's kitchen, and stainless steel countertops; great room, wet bar, screen porch to enjoy morning coffee, and a king semi-private master (private access to shared full bath). Mid Level includes; 4 bedrooms; 1 is a master suite with it's own private bath, and 3 other bedrooms share a hall bathroom. Ground Level has recreation room, dry entry, laundry, and another master suite. Complete with a 14x28 private pool, hot tub, and volleyball court. Within biking distance to shops, movie theater, grocery store, and restaurants. The sellers do not maximize rental weeks so income could be increased. Carolina Shores projection on File for $64,484 a 12% R.O.I. Asking price reduced 25k to reflect work that needs to be done on the house!

Last Agent to Sell the Property

Heather VanderMyde

Coldwell Banker Seaside Realty - KDH License #207518 Listed on: 07/06/2020

Coldwell Banker Seaside Realty - KDH

Co-Listed By

Kiirsten Farr

Coldwell Banker Seaside Realty - KDH License #276883

Last Buyer's Agent

Kim Endre

Twiddy and Co. - Duck License #220350

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,264

Year Built

  • Built in 1994

Lot Details

  • Lot Dimensions are 100x200
  • Property fronts a private road
  • Landscaped
  • Level Lot

Home Design

  • Coastal Architecture
  • Reverse Style Home
  • Asphalt Shingled Roof
  • Wood Siding
  • Piling Construction

Interior Spaces

  • 2,715 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Bay Window
  • Game Room
  • Screened Porch
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Quartz Countertops

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Parking

  • Paved Parking
  • Off-Street Parking

Pool

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

Outdoor Features

  • Beach Access
  • Rooftop Deck
  • Covered Deck

Utilities

  • Forced Air 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 #38

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,264

Year Built

Built in 1994

Lot Details

0.46 Acres

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Extras: Beach Access, Ceiling Fan(s), Covered Decks, Hot Tub, Landscaped, Outside Shower, Screened Porch, Smoke Detector(s), Storm Doors, Roof Top Deck, Inside Laundry Room
  • Flood Zone: AE, X
  • Headline: Ocean Views/3 lots to bch acc.
  • Heated Sq Ft: 2715
  • L V T Date: 07/06/2020
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Section: 7
  • Waterfront Location: 3 - lots from oceanfront (4th row)
  • Zoning: RES
  • Advertised Income 2020: 41181
  • Deed Book Pg Number: 814
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C7166
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 6
  • Countertops: Quartz
  • Floor Coverings: Carpet, Ceramic Tile, Vinyl
  • Foundation: Piling
  • Full Bathrooms: 4
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Bay/Bow Window, Cathedral Ceiling(s), Gas Fireplace
  • Optional Rooms: Game Room

Exterior Features

  • Construction: Wood
  • Exterior: Wood
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Fiberglass, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Garage: Carport
  • Parking: Paved, Off Street

Utilities

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

Lot Info

  • Lot Description: Level
  • Lot Faces: E
  • Lot Size: 100x200
  • Lot Number: Lot #38
  • Deed Book: 675

Rental Info

  • Est Annual Rental Income: 64484
  • Estimated Rental Performance: 0.1172
  • Lease Terms: Weekly
  • Rental Co: Carolina Shores
  • Rental Cottage Name: Dolphins Delight
  • Rental Cottage Number: WH978
  • Rental Phone Number: 252-715-1901
  • Rental Turnover Day: Saturday
  • Rental Contact Email: heidi@currituckclubresort.com>

Building Info

  • Year Built: 1994

Tax Info

  • Year: 2019
  • Taxes: 4263.62

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2020
Closed on
Nov 10, 2020
Sold by
Alvin Mark R and Alvin Denise F
Bought by
Malfa Gregg V and Malfa Carly A
Seller's Agent
Heather VanderMyde
Coldwell Banker Seaside Realty - KDH
Buyer's Agent
Kim Endre
Twiddy and Co. - Duck
List Price
$574,000
Sold Price
$550,000
Premium/Discount to List
-$24,000
-4.18%
Current Estimated Value
$986,224

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$436,224
Avg. Annual Appreciation
11.58%
Original Mortgage
$115,000
Outstanding Balance
$101,866
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$884,358

Purchase Details

Closed on
May 16, 2003
Bought by
Alvin Mark R and Alvin Denise F
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Malfa Gregg V $550,000 None Available
Alvin Mark R $591,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Malfa Gregg V $115,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/19/2020 11/19/20 Sold $550,000 -4.2% $203 / Sq Ft
09/12/2020 09/12/20 Pending -- -- --
08/28/2020 08/28/20 For Sale $574,000 0.0% $211 / Sq Ft
08/18/2020 08/18/20 Pending -- -- --
07/30/2020 07/30/20 Price Changed $574,000 -4.2% $211 / Sq Ft
07/06/2020 07/06/20 For Sale $599,000 -- $221 / Sq Ft
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 $6,116 $667,100 $230,000 $437,100
2024 $6,116 $528,600 $230,000 $298,600
2023 $4,909 $528,600 $230,000 $298,600
2022 $4,164 $528,600 $230,000 $298,600
2021 $4,139 $551,400 $250,000 $301,400
2020 $4,264 $551,400 $250,000 $301,400
2019 $4,264 $551,400 $250,000 $301,400
2018 $4,264 $551,400 $250,000 $301,400
2017 $3,970 $551,400 $250,000 $301,400
2016 $3,989 $551,400 $250,000 $301,400
2015 $3,931 $551,400 $250,000 $301,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 109988

Outer Banks Association of REALTORS®

APN: 115A-000-0038-0007

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