NOT LISTED FOR SALE

1022 Lighthouse Dr Corolla, NC 27927

Estimated Value: $1,380,000 - $1,692,000

5 Beds
5.5 Baths
4,025 Sq Ft
$380/Sq Ft Est. Value

Last Sold August 03, 2021

Last sale price $1,540,000 $383 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $8,690/month

20 Days on Market

Highlights

  • Community Beach Access
  • Cabana
  • Coastal Architecture
  • Ocean Front
  • Rooftop Deck
  • Cathedral Ceiling

About This Home

As of August 2021

Here's what you've been looking for! A gorgeous, updated beach house in Whalehead, Corolla with AMAZING VIEWS and a direct beach access! Add in the stunning chandelier you see when you enter the 2-story foyer and the beautiful staircase with iron balusters. That custom kitchen and those fabulous bathrooms with custom tile and cabinetry are to die for. Relax in the spacious and very functional top floor great room, slip off to the mid-level den to watch a movie or catch a quick nap, or venture down to the enormous recreational room for shooting pool, playing foosball and watching TV. The sundecks and covered decks don't disappoint with breathtaking views of the ocean, soothing sounds of the shore break and the sweet smell of the sea. Enjoy swimming in your own large and heated outdoor pool with plenty of deck space for sunbathing. Take a break from the sun at the tiki bar, or hit the volleyball court for more outdoor fun! Don't forget that hot tub to enjoy under the stars or anytime is perfectly fine. This home offers the rare opportunity to get up early, grab your coffee and watch the sunrise right from your very own, peaceful deck. This home has been lovingly cared for, and it shows! It is in pristine condition. Stop dreaming! Now you can hear the waves, see the blue ocean, smell the salt air, and marvel at the sunrise painted sky from your own Corolla beach house!

Last Agent to Sell the Property

Wende Pritchard

All About OBX Real Estate License #211523 Listed on: 05/25/2021

Last Buyer's Agent

Ilona Matteson

Beach Realty & Construction License #174596

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,246

Year Built

  • Built in 1995

Lot Details

  • 0.51 Acre Lot
  • Ocean Front
  • Landscaped
  • Corner Lot
  • Sprinkler System

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Reverse Style Home
  • Frame Construction
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 4,025 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Entrance Foyer
  • Game Room
  • Screened Porch
  • Ocean Views

Kitchen

  • Oven or Range
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector

Pool

  • Cabana
  • Heated In Ground Pool
  • Gunite Pool
  • Outdoor Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Rooftop Deck
  • Covered Deck
  • Patio
  • Exterior Lighting
  • Tiki or Chickee Hut

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District Water
  • Fuel Tank

Listing and Financial Details

  • Tax Lot #24

Community Details

Overview

  • Property has a Home Owners Association
  • Voluntary Association
  • Whalehead Club Subdivision

Recreation

  • Community Boardwalk
  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,246

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary, Reverse Floor Plan, Coastal
  • Extras: Beach Access, Boardwalk to Beach, Cabana, Ceiling Fan(s), Covered Decks, Hot Tub, Landscaped, Lawn Sprinklers, Outside Lighting, Outside Shower, Patio, Screened Porch, Smoke Detector(s), Storm Doors, Storm Windows, Sun Deck, Tiki Bar, Roof Top Deck, Dry Entry
  • Headline: A beauty with stunning views
  • Heated Sq Ft: 4025
  • L V T Date: 05/25/2021
  • Sale/Rent: For Sale
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: res
  • Advertised Income 2021: 125952
  • Deed Book Pg Number: 71
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Range/Oven, Refrigerator w/Ice Maker, Washer, Wine Cooler
  • Bedrooms: 5
  • Countertops: Granite
  • Floor Coverings: Carpet, Ceramic Tile, Hardwood
  • Foundation: Piling
  • Full Bathrooms: 5
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Pantry, Walk in Closet, Washer Connection
  • Optional Rooms: Foyer, Game Room
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame
  • Exterior: Shakes
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Gunite, Heated, Private Pool
  • View: Ocean

Garage/Parking

  • Garage: Carport

Utilities

  • Cooling: Central, Heat Pump
  • Heating: Central, Heat Pump
  • Fuel Tanks: Leased
  • Water: Municipal

Condo/Co-op/Association

  • Association Amenities: Ocean Access, Board Walk
  • Association Fee: Voluntary - Restrictive Covenants May Apply
  • Hoa Contact: VOLUNTARY
  • HOA Contact: VOLUNTARY
  • Home Owner Dwelling Insurance: 6766

Lot Info

  • Estimated Lot Sq Ft: 22216
  • Lot Description: Corner
  • Lot Faces: E
  • Lot Number: Lot #24
  • Estimated Lot Size: 0.51
  • Deed Book: 1094

Rental Info

  • Lease Terms: Weekly
  • Other Expenses: 2000
  • Poolspa Expense: 3900
  • Rental Co: Outer Banks Blue
  • Rental Cottage Name: Jubilee
  • Rental Cottage Number: WHO64
  • Rental Phone Number: (888) 623-2583
  • Rental Turnover Day: Sunday
  • Annual Cable TV Expense: 1610
  • Annual Electric: 4700
  • Annual Water Expense: 3030

Building Info

  • Year Built: 1995

Tax Info

  • Year: 2020
  • Taxes: 6245.57

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 19, 2025
Sold by
Banks David L
Bought by
David L Banks Revocable Trust and Banks
Current Estimated Value
$1,528,026

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$519,000
Interest Rate
6.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 18, 2025
Sold by
Williams Scott David and Williams Kristen Michelle
Bought by
Banks David L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$519,000
Interest Rate
6.89%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 25, 2021
Closed on
Aug 2, 2021
Sold by
Lee Eric C and Lee Susan S
Bought by
Williams Scott David and Williams Kristen Michelle
Seller's Agent
Wende Pritchard
All About OBX Real Estate
Buyer's Agent
Ilona Matteson
Beach Realty & Construction
List Price
$1,600,000
Sold Price
$1,540,000
Premium/Discount to List
-$60,000
-3.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.18%
Original Mortgage
$1,232,000
Interest Rate
2.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 2009
Sold by
Stampley Andrew O
Bought by
Lee Eric C and Lee Susan S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
4.79%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
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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
David L Banks Revocable Trust -- None Listed On Document
David L Banks Revocable Trust -- None Listed On Document
Banks David L $1,450,000 None Listed On Document
Williams Scott David $3,080 Casey & Robbins Pc
Lee Eric C $901,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Banks David L $519,000
Previous Owner Williams Scott David $1,232,000
Previous Owner Lee Eric C $630,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/03/2021 08/03/21 Sold $1,540,000 +3.0% $383 / Sq Ft
06/14/2021 06/14/21 Pending -- -- --
06/07/2021 06/07/21 Price Changed $1,495,000 -6.6% $371 / Sq Ft
05/25/2021 05/25/21 For Sale $1,600,000 -- $398 / 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 $8,202 $933,200 $420,000 $513,200
2024 $8,202 $933,200 $420,000 $513,200
2023 $8,186 $933,200 $420,000 $513,200
2022 $6,915 $933,200 $420,000 $513,200
2021 $6,891 $834,900 $346,500 $488,400
2020 $6,246 $834,900 $346,500 $488,400
2019 $6,256 $834,900 $346,500 $488,400
2018 $6,267 $834,900 $346,500 $488,400
2017 $5,821 $834,900 $346,500 $488,400
2016 $5,869 $834,900 $346,500 $488,400
2015 $5,892 $834,900 $346,500 $488,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 114553

Outer Banks Association of REALTORS®

APN: 115A-000-0024-0006