NOT LISTED FOR SALE

1009 Lighthouse Dr Corolla, NC 27927

Estimated Value: $1,743,000 - $4,232,000

10 Beds
11 Baths
4,997 Sq Ft
$677/Sq Ft Est. Value

Last Sold December 14, 2021

Last sale price $3,725,000 $745 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $19,122/month

153 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Concrete Pool
  • Community Beach Access
  • Home Theater
  • 0.8 Acre Lot

About This Home

As of December 2021

This Spectacular Pristine Ocean Front Home is Situated on a High Elevation. A Treasure with all the Bells & Whistles including Amazing Ocean Views! A Kitchen fit for a Chef with two Under counter Ice Makers, Two Dishwashers, Two Refrigerators , 6 Burner Gas Stovetop. 8 Master Suites , 2 Bedroom Bath Family Suites, Two Stackable Washers and Dryers, Game Room with Wet Bar (Full Size Refrigerator and Microwave). Movie Theatre Room with Raised Platforms, Elevator with Stainless Steel Automatic Door, Rear Stair Tower, House Trex Line X Decking (2,138sf), All Custom Wood Trim and Railings, Large Tiki Area with Sundeck Above, Saltwater Pool with Shallow Sitting Area, Two Hot Tubs, Private Trex Line Dune Deck and Beach Access with Vinyl Railing. 2022 Advertised Gross Rental Income as of September 24 is already $332,730 and counting!

Last Agent to Sell the Property

Eric Avery

Corolla Beach Realty License #263535 Listed on: 05/13/2021

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

  • $12,411

Year Built

  • Built in 2019

Lot Details

  • 0.8 Acre Lot
  • Lot Dimensions are 100x350
  • Beach Front
  • 100 Feet of Waterfront
  • Level Lot

HOA Fees

  • $3 Monthly HOA Fees

Home Design

  • Craftsman Architecture
  • Coastal Architecture
  • Reverse Style Home
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Piling Construction

Interior Spaces

  • 4,997 Sq Ft Home
  • Elevator
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Entrance Foyer
  • Home Theater
  • Loft
  • Game Room
  • Ocean Views

Kitchen

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

Flooring

  • Engineered Wood
  • Tile

Bedrooms and Bathrooms

  • 10 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Parking

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

Pool

  • Concrete Pool
  • In Ground Pool
  • Outdoor Pool
  • Saltwater Pool

Outdoor Features

  • Covered Deck

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 8 / 8

Community Details

Overview

  • Association fees include walkways
  • Whalehead Club Poa
  • Built by Eric Avery Construction
  • Whalehead Club Subdivision

Recreation

  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,411

Year Built

Built in 2019

Lot Details

0

HOA Fees

$3 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Craftsman, Coastal
  • Extras: Beach Access, Ceiling Fan(s), Covered Decks, Elevator, Dry Entry
  • Flood Zone: VE
  • Subdivision Name: Whalehead Club/115A
  • Headline: Pristine Luxurious Oceanfront
  • Heated Sq Ft: 4997
  • L V T Date: 05/13/2021
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: Res
  • Advertised Income 2020: 322213
  • Advertised Income 2021: 384249
  • Deed Book Pg Number: 82
  • 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, Microwave, Range/Oven, Refrigerator w/Ice Maker, Wall Oven, Washer, 2nd Refrigerator
  • Bedrooms: 10
  • Countertops: Granite
  • Floor Coverings: Tile, Engineered Wood
  • Foundation: Piling, Slab
  • Full Bathrooms: 9
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Pantry, Washer Connection
  • Optional Rooms: Foyer, Game Room, Loft, Pantry, Home Theater
  • Partial Bathrooms: 2

Exterior Features

  • Homebuilder: Eric Avery Construction
  • Construction: Frame, Wood
  • Exterior: Wood
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Concrete, Salt, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 100
  • View: Ocean
  • Water Frontage: 100

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Walkways
  • Association Amenities: Ocean Access
  • Association Fee: Voluntary - Restrictive Covenants May Apply
  • Estimated Annual Fee: 30
  • Hoa Contact: Whalehead Club POA
  • HOA Contact: wpoa.org
  • Home Owner Dwelling Insurance: 10620

Lot Info

  • Estimated Lot Sq Ft: 35000
  • Lot Description: Beach Frontage, Level, Water Frontage
  • Lot Faces: .80
  • Lot Size: 100x350
  • Lot Number: Lot 8
  • Estimated Lot Size: 0.80
  • Deed Book: 1466

Rental Info

  • Est Annual Rental Income: 384249
  • Estimated Rental Performance: 0.1032
  • Flood Expenses: 3600
  • Lease Terms: Weekly
  • Other Expenses: 3100
  • Other Expenses2: 2400
  • Poolspa Expense: 5000
  • Rental Co: Carolina Designs
  • Rental Cottage Name: Sunny Dayz
  • Rental Cottage Number: 173
  • Rental Phone Number: 800-368-3825
  • Rental Turnover Day: Saturday
  • Annual Cable TV Expense: 1890
  • Annual Electric: 9100
  • Rental Contact Phone: 8003683825

Building Info

  • Year Built: 2019

Tax Info

  • Year: 2020
  • Taxes: 12411

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2021
Closed on
Dec 13, 2021
Sold by
Ncrs Llc
Bought by
Db Rattle Llc
Seller's Agent
Eric Avery
Corolla Beach Realty
Buyer's Agent
Four Seasons Realty
Four Seasons Realty
List Price
$4,500,000
Sold Price
$3,725,000
Premium/Discount to List
-$775,000
-17.22%
Current Estimated Value
$3,382,455

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$342,545
Avg. Annual Appreciation
-2.31%
Original Mortgage
$2,235,000
Outstanding Balance
$2,039,526
Interest Rate
3.14%
Mortgage Type
New Conventional
Estimated Equity
$1,342,929

Purchase Details

Closed on
Dec 12, 2018
Sold by
Higgins Kate F
Bought by
Ncrs Llc

Purchase Details

Listed on
Oct 16, 2017
Closed on
Jun 25, 2018
Sold by
Alba Tara J and Ferris Kate E
Bought by
Ncrs Llc
Seller's Agent
Debra Price
Debbie Price, Broker
Buyer's Agent
Eric Avery
Corolla Beach Realty
List Price
$1,220,000
Sold Price
$1,100,000
Premium/Discount to List
-$120,000
-9.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.95%
Original Mortgage
$1,818,912
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 3, 2013
Sold by
Ferris Patricia J and James A Ferris Trust
Bought by
Ferris Patricia J and Patricia J Ferris Living Trust
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
Db Rattle Llc $3,725,000 None Available
Ncrs Llc -- None Available
Ncrs Llc $1,100,000 None Available
Ferris Patricia J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Db Rattle Llc $2,235,000
Previous Owner Ncrs Llc $1,818,912
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/14/2021 12/14/21 Sold $3,725,000 -5.7% $745 / Sq Ft
10/13/2021 10/13/21 Pending -- -- --
09/08/2021 09/08/21 Price Changed $3,950,000 -6.0% $790 / Sq Ft
06/07/2021 06/07/21 Price Changed $4,200,000 -6.7% $841 / Sq Ft
05/13/2021 05/13/21 For Sale $4,500,000 +309.1% $901 / Sq Ft
06/25/2018 06/25/18 Sold $1,100,000 -9.8% -- View Prior Sale
03/24/2018 03/24/18 Pending -- -- --
10/16/2017 10/16/17 For Sale $1,220,000 -- --
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 $18,647 $2,174,700 $1,094,800 $1,079,900
2024 $18,647 $2,174,700 $1,094,800 $1,079,900
2023 $18,631 $2,174,700 $1,094,800 $1,079,900
2022 $15,717 $2,174,700 $1,094,800 $1,079,900
2021 $15,296 $1,722,200 $833,000 $889,200
2020 $12,412 $1,378,100 $833,000 $545,100
2019 $9,716 $1,709,600 $833,000 $876,600
2018 $0 $833,000 $833,000 $0
2017 $5,456 $833,000 $833,000 $0
2016 $5,498 $833,000 $833,000 $0
2015 $5,498 $833,000 $833,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 114364

Outer Banks Association of REALTORS®

APN: 115A-000-0008-0006