Closing Price:
$1,050,000
988 Whalehead Drive, Corolla, NC 27927
8 bd
8 ba
3533 sq ft
MLS #: 114217
Status: Closed

Sold Details

Status: Closed
Sold Price: $1,000,000.00
Closing Date: 11/3/2021
Contract Date: 9/7/2021
Seller Concessions: Yes
Concession Comments: Seller credit of $15,000.00.
Total Days on Market:
Cumulative Days on Market: 125
Due Diligence Date: 10/5/2021

Listing Information

Area: Corolla Oceanside
Mls Status: Closed
Days On Market: 125
Cumulative Days On Market: 125
Listing Price: $1,050,000
Original Listing Price: $1,200,000
Possession: Close Of Escrow, Subject To Tenant Rights
Short Sale: No
Price Date: 11/3/2021
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 3533
Asking Price Per SqFt: $297.00
Heated Living Area Sq Ft: 3533
BedroomsTotal: 8
Bathrooms Full: 8
Bathrooms Partial: 1
Year Built: 2006
Architectural Style: Contemporary
Sub Type: Single Family Residence
Appliances: 2nd Refrigerator, Dryer, Dishwasher, Microwave, Refrigerator w/Ice Maker, Range/Oven, Stackable Washer/Dryer, Washer
Roof: Asphalt
Parking: Off Street, Paved
Foundation: Piling
Pool: Yes
Pool Type: Private
Pool Features: In Ground, Outdoor Pool, Private
Counter Tops: Laminate
Cooling: Heat Pump, Zoned
Interior Features: Cathedral Ceiling(s), Pantry
Heating: Electric, Heat Pump
Room Type: Game Room
Flooring: Carpet, Ceramic Tile, Wood
Construction Materials: Frame, Wood Siding

Legal Description

Section: 7
County: Currituck
Subdivision: Whalehead Club
Deed Book: 1163
Deed Book Page Number: 393
County Pin Number: 115A00000430007
Price Change: 11/2/2021
Road Surface: Paved, Public

Lot Details

Lot Size Acres: 0.46
Lot Size Dimensions: 100x200
Lot Size Square Feet: 20000
Lot Features: Level
Waterfront: 3 - lots from oceanfront (4th row)
View: Ocean
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2021
Annual Property Taxes: $5,255.00
Flood Zone: X
Flood Insurance Expense: 795
Wind Insurance: 4190
Water Source: Municipal
Yearly Water Expense: 1025
Pool Or Spa Expense: 2505
Yearly Expense: Actual
Yearly Elecric Expense: 2673
Yearly Cable Tv Expense: 1270
Contract Status Change Date: 11/3/2021
Estimated Annual Fee Amt: $0.00
Sewer: Septic Tank
Maintenance Expense: 385
Association Fee Yes or No: No - Restrictive Covenants May Apply

Financials

Bill Of Sale Amoung: 1
Bank/Institution Owned: No
Exterior: Vinyl
Extras: Cabana,Ceiling Fan(s),Covered Decks,Hot Tub,Outside Lighting,Outside Shower,Sun Deck,Roof Top Deck,Dry Entry,Inside Laundry Room
Fuel Tanks: Owned
HOA Contact Name: -
Primary Residence: No
HOA Contact Info: -

Rental Income

Annual Rental Income: 89200
Rental Performance: 0.0892
Owner Renatl Income 2022 Amount: 43909
Avertised Income 2021 Amount: 48249
Owner Rental Income 2021 Amount: 72954
Avertised Income 2021 Amount: 74214

Listing Agent Remarks

Spacious 8-bedroom, 8.5 bath vacation home complete with cabana, private pool and hot tub located on an X-Flood zone lot in Whalehead. Just 200 yards from the beach, this property offers a rooftop crow’s nest with Lighthouse and ocean views, multi-level covered decks, 7 private en suite bedrooms and a game room with kitchenette. The outdoor area features a large private pool and poolside cabana with ceiling fan, shaded hot tub, an outside restroom and shower, and plenty of room to enjoy sun or shade. There is also plenty of room inside with almost 3600 sqft of living space. The variety of bedrooms allow for an assortment of sleeping configurations for large families and visiting guests to enjoy. The top level boasts an open flow between the spacious kitchen with pantry and large breakfast bar, the family room with gas fireplace, and the multiple dining spaces. This home has been designed for comfort and vacation fun from top to bottom! Enjoy the wonderful views, the relaxing porch swings, party by the pool, or just enjoy a big family dinner after a day spent at the beach. It’s “Not A Fluke” that you will want to own this desirable Whalehead vacation rental home- it’s close to the beach and all the shopping, restaurants and attractions of Corolla, as well as a favorite with vacationing guests.

Directions

Ocean Trail north to right onto Bonita, left onto Whalehead. Property will be on the left.

Official MLS Disclaimer

The data relating to real estate for sale on this web site comes from the Broker Reciprocity Program of the Outer Banks Association of REALTORS. This property located at 988 Whalehead Drive in Corolla is provided courtesy of Keller Williams - Outer Banks C: 252-207-6588. Information is believed to be accurate but is not warranted. Copyrighted by Outer Banks Association of REALTORS. All Rights Reserved. IDX information is provided by Shore Realty of the OBX exclusively for consumers, personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. If this page disappears from this site it means the property at 988 Whalehead Drive in Corolla is no longer available for sale. If you are interested in this property or have any questions about buying or selling real estate on the Outer Banks call Shore Realty. Local 252-441-3416 OR 800-647-1868.
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