NOT LISTED FOR SALE

991 Whalehead Dr Corolla, NC 27927

Estimated Value: $1,709,415 - $2,001,000

9 Beds
13 Baths
6,054 Sq Ft
$304/Sq Ft Est. Value

Last Sold October 15, 2012

Last sale price $1,100,000 $182 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $10,315/month

108 Days on Market

Highlights

  • Ocean View
  • Home Theater
  • Second Refrigerator
  • Beach Access
  • Cabana
  • Wood Flooring

About This Home

As of October 2012

Stunning! Exceptional! Come and see Coastal Elegance at it's finest. Beautiful Ocean Views, Quality Built, Strong Rental Income of $110,400 in 2011 and constant strong rental income the last 3 years. Fabulous price, terrific rental income with 8.5% GRI, and 9 master bedrooms makes this an extraordinary home to purchase. Home looks like it is New! Many new upgrades and updates in 2012: New Granite counter tops, gorgeous glass/granite tiled kitchen walls, new tile kitchen floor and stove top. Refinished hardwood floors and tiled shower floors. Updated furnishings: living room couches, area rugs throughout, duo bunk beds, window treatments, bedroom comforters and lamps and kitchen light fixtures. Exterior and interior just Painted in March 2012. LOMA in 2012. Amazing Amenities: Gourmet Kitchen that will delight, Home theater with theater seating, office, middle floor sitting area with mini bar, huge rec room with sitting area, pool table, and mini bar with refrigerator, 2 laundry areas (2nd floor and 1 st floor), double appliances, spacious pool area with hot tub, and comfortable lounge chairs, pool side cabana, half bath, 2 outside showers, landscapped with sprinkler system, plus Elevator and wheel chair accessible. Decks galore- sunny and shaded. Pristine and Spacious throughout! Located 2 lots from the corner for quick beach access. This home has it all!!

Last Agent to Sell the Property

Sandra LaRue

Corolla Beach Realty License #244093 Listed on: 04/05/2012

Last Buyer's Agent

Heather McLay

OBX Homes License #188982

OBX Homes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,107

Year Built

  • Built in 2004

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 100 x 200
  • Fenced Yard
  • Landscaped
  • Level Lot
  • Sprinkler System

Home Design

  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 6,054 Sq Ft Home
  • Elevator
  • Wet Bar
  • Furnished
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Entrance Foyer
  • Home Theater
  • Loft
  • Game Room
  • Utility Room
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Built-In Oven
  • Built-In Range
  • Microwave
  • Second Refrigerator
  • Ice Maker
  • Second Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

  • Paved Parking
  • Off-Street Parking

Accessible Home Design

  • Handicap Accessible

Pool

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

Outdoor Features

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

Utilities

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

Community Details

  • Terry Ruggles Association, Phone Number (856) 795-8320
  • Built by Olin Finch
  • Whalehead Club Subdivision

Listing and Financial Details

  • Tax Lot 27

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,107

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: Route 12 North, right on Bonito, left on Whalehead, 991 WH is on the right.
  • Extras: Beach Access, Cabana, Ceiling Fan(s), Covered Decks, Elevator, Fenced Yard, Handicap Friendly, Hot Tub, Jet Tub, Landscaped, Lawn Sprinklers, Outside Lighting, Outside Shower, Patio, Smoke Detector(s), Sun Deck
  • Flood Zone: X
  • Subdivision Name: Whalehead Club
  • Headline: 8.5%GRI & Fabulous Ocean Views
  • Heated Sq Ft: 6054
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: 7
  • Waterfront Location: 2 - lots from oceanfront (3rd row
  • Zoning: Res
  • Deed Book Pg Number: 835
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Countertop Range, Disposal, Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Wall Oven, Washer, 2nd Dishwasher, 2nd Refrigerator
  • Bedrooms: 9
  • Bedroom 1: KingMaster, On Level: 3
  • Bedroom 2: KingMaster, On Level: 3
  • Bedroom 3: KingMaster, On Level: 2
  • Bedroom 4: QueenMaste, On Level: 2
  • Bedroom 5: KingMaster, On Level: 2
  • Bedroom 6: KingMaster, On Level: 2
  • Bedroom 7: KingMaster, On Level: 1
  • Bedroom 8: King Maste, On Level: 1
  • Kitchen: Granite, On Level: 3
  • Countertops: Granite
  • Floor Coverings: Carpet, Ceramic Tile, Vinyl, Hardwood
  • Foundation: Piling
  • Full Bathrooms: 9
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Dryer Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Washer Connection, Wet Bar
  • Dining Room: Spacious, On Level: 3
  • Game Room: Huge, On Level: 1
  • Living Room: Ocean View, On Level: 3
  • Optional Room 2: Office, On Level: 1
  • Optional Room 3: Theater, On Level: 2
  • Optional Rooms: Foyer, Game Room, Loft, Office, Utility Room, Home Theater
  • Partial Bathrooms: 4
  • Optional Room 1: 2DuoBunks, On Level: 1

Exterior Features

  • Homebuilder: Olin Finch
  • Construction: Frame
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool Type: In Ground, Fiberglass
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 100
  • View: Ocean

Garage/Parking

  • Parking: Paved, Off Street

Utilities

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

Condo/Co-op/Association

  • Hoa Contact: Terry Ruggles
  • HOA Contact: 856 795 8320
  • Home Owner Dwelling Insurance: 6767

Lot Info

  • Estimated Lot Sq Ft: 20000
  • Lot Description: Level
  • Lot Size: 100 x 200
  • Lot Number: Lot 27
  • Deed Book: 1168

Rental Info

  • Est Annual Rental Income: 110400
  • Estimated Rental Performance: 0.1004
  • Flood Expenses: 447
  • Lease Terms: Weekly
  • Other Expenses: 600000
  • Rental Co: Vacasa - North
  • Rental Cottage Name: Made In The Shade
  • Rental Cottage Number: 409
  • Rental Phone Number: 866 453 9660
  • Rental Turnover Day: Saturday

Building Info

  • Year Built: 2004

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2012
  • Taxes: 8107

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 5, 2021
Sold by
991 Whalehead Llc
Bought by
Letendre Gregory G and Letendre Kimberly A
Current Estimated Value
$1,837,604

Purchase Details

Listed on
Apr 5, 2012
Closed on
Dec 14, 2012
Sold by
Letrende Gregory G and Letendre Kimberly A
Bought by
991 Whalehead Llc
Seller's Agent
Sandra LaRue
Corolla Beach Realty
Buyer's Agent
Heather McLay
OBX Homes
List Price
$1,299,000
Sold Price
$1,100,000
Premium/Discount to List
-$199,000
-15.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.94%

Purchase Details

Listed on
Apr 5, 2012
Closed on
Sep 27, 2012
Sold by
Shade Bryan L and Shade Lisa G
Bought by
Letendre Gregory G and Letendre Kimberly A
Seller's Agent
Sandra LaRue
Corolla Beach Realty
Buyer's Agent
Heather McLay
OBX Homes
List Price
$1,299,000
Sold Price
$1,100,000
Premium/Discount to List
-$199,000
-15.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$770,000
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 2011
Sold by
Cardellichio James C and Cardellichio Barbara B
Bought by
Shade Bryan L and Shade Lisa G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$458,850
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 9, 2007
Sold by
Cardellichio James B and Cardellichio Barbara B
Bought by
Cardellichio James B

Purchase Details

Closed on
Jun 6, 2005
Sold by
Epc Nc 32 Llc
Bought by
Cardellichio James C and Cardellichio Barbara B

Purchase Details

Closed on
Apr 4, 2005
Sold by
Amour Properties Llc
Bought by
Epc Nc 32 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,347,400
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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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
Letendre Gregory G -- None Listed On Document
991 Whalehead Llc -- None Available
Letendre Gregory G $1,100,000 None Available
Shade Bryan L $965,500 None Available
Cardellichio James B -- None Available
Cardellichio James C -- None Available
Epc Nc 32 Llc $1,935,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Letendre Gregory G $770,000
Previous Owner Shade Bryan L $458,850
Previous Owner Epc Nc 32 Llc $1,347,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2012 10/15/12 Sold $1,100,000 -15.3% $182 / Sq Ft
07/22/2012 07/22/12 Pending -- -- --
04/05/2012 04/05/12 For Sale $1,299,000 -- $215 / 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 $9,271 $1,039,800 $270,000 $769,800
2024 $9,271 $1,039,800 $270,000 $769,800
2023 $9,255 $1,039,800 $270,000 $769,800
2022 $7,812 $1,039,800 $270,000 $769,800
2021 $7,797 $975,500 $270,000 $705,500
2020 $7,396 $975,500 $270,000 $705,500
2019 $7,396 $975,500 $270,000 $705,500
2018 $7,396 $975,500 $270,000 $705,500
2017 $6,871 $975,500 $270,000 $705,500
2016 $6,921 $975,500 $270,000 $705,500
2015 $6,921 $975,500 $270,000 $705,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 74390

Outer Banks Association of REALTORS®

APN: 115A-000-0027-0007