NOT LISTED FOR SALE

1036 Lighthouse Dr Corolla, NC 27927

Estimated Value: $1,484,524 - $2,414,000

9 Beds
8.5 Baths
4,930 Sq Ft
$363/Sq Ft Est. Value

Last Sold April 01, 2017

Last sale price $1,200,000 $243 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $10,115/month

51 Days on Market

Highlights

  • Ocean Front
  • Concrete Pool
  • Contemporary Architecture
  • Beach Access
  • Second Refrigerator
  • Cathedral Ceiling

About This Home

As of April 2017

The HIGHEST ROI in Corolla!*** Based on Corolla homes between $700,000 and $1.7 million in MLS as of 10/5/2016.*** ALERT your investors, this is the REAL DEAL. Carolina Designs projects this home will do $156,860 a 12% ROI, and seller actually did $142,113 2015, and $142,260 YTD with an 11% ROI. This 9 bedroom, 8.5 bathroom semi-oceanfront estate is loved by all. Only 1 lot from the ocean offering breathtaking ocean and sunrise views. Renters love the well appointed luxuries including: Gourmet Kitchen with stainless steel appliances, granite counter tops, custom cherry cabinets, Brazilian Cherry hardwood floors, *** elevator***, large game room with bar, media room, and private heated pool with slide to keep children occupied for hours. Located on a semi-oceanfront 20,000 square foot lot in beautiful Whalehead Beach. This rental home is true money maker with consistent ROI at 11%. Put on your short list to show. Seller has officially joined Carolina Designs this year.

Last Agent to Sell the Property

Heather VanderMyde

Coldwell Banker Seaside Realty - KDH License #207518 Listed on: 01/09/2017

Coldwell Banker Seaside Realty - KDH

Last Buyer's Agent

* **Not a Member

**Not a Member License #NA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,135

Year Built

  • Built in 2004

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 100x200
  • Ocean Front
  • Landscaped
  • Level Lot

Home Design

  • Contemporary Architecture
  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Lap Siding
  • Cement Board or Planked

Interior Spaces

  • 4,930 Sq Ft Home
  • Elevator
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Second Refrigerator
  • Plumbed For Ice Maker
  • Second Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Pool

  • Concrete Pool
  • Outdoor Pool
  • Spa
  • Outdoor Shower

Outdoor Features

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

Utilities

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

Community Details

  • Whalehead Club Subdivision

Listing and Financial Details

  • Tax Lot #20

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,135

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary, Reverse Floor Plan
  • Extras: Beach Access, Ceiling Fan(s), Covered Decks, Elevator, Hot Tub, Landscaped, Outside Lighting, Outside Shower, Smoke Detector(s), Sun Deck
  • Flood Zone: AE
  • Subdivision Name: The Whalehead Club
  • Headline: Investors Dream..11% ROI
  • Heated Sq Ft: 4930
  • L V T Date: 01/10/2017
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: RES
  • Deed Book Pg Number: 0558
  • Office License Number: C7166
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer, 2nd Dishwasher, 2nd Refrigerator
  • Bedrooms: 9
  • Countertops: Granite
  • Floor Coverings: Carpet, Ceramic Tile, Wood
  • Full Bathrooms: 8
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Pantry, Walk in Closet, Wet Bar
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Lap Siding, Cement Fiber Board
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, Concrete, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 100
  • View: Ocean

Utilities

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

Lot Info

  • Estimated Lot Sq Ft: 20000
  • Lot Description: Level
  • Lot Faces: E
  • Lot Size: 100x200
  • Lot Number: Lot #20
  • Deed Book: 1095

Rental Info

  • Est Annual Rental Income: 142260
  • Estimated Rental Performance: 0.1186
  • Lease Terms: Weekly
  • Rental Co: Carolina Designs
  • Rental Cottage Name: Pebble Beach
  • Rental Phone Number: 252-261-3934
  • Rental Turnover Day: Saturday

Building Info

  • Year Built: 2004

Tax Info

  • Year: 2016
  • Taxes: 5135

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2017
Closed on
Mar 29, 2017
Sold by
Brown Ernest T
Bought by
Brown Ernest T
Seller's Agent
Heather VanderMyde
Coldwell Banker Seaside Realty - KDH
Buyer's Agent
* **Not a Member
**Not a Member
List Price
$1,295,000
Sold Price
$1,200,000
Premium/Discount to List
-$95,000
-7.34%
Current Estimated Value
$1,787,881

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$587,881
Avg. Annual Appreciation
4.79%
Original Mortgage
$836,000
Outstanding Balance
$693,573
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$1,094,308

Purchase Details

Closed on
Jul 15, 2009
Sold by
Santella Peter T and Santella Joann M
Bought by
Brown Ernest T
Source: Public Records

Range of Values:

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Average Value
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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
Brown Ernest T $1,200,000 Attorney
Brown Ernest T $1,005,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Ernest T $836,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/01/2017 04/01/17 Sold $1,200,000 -7.3% $243 / Sq Ft
03/01/2017 03/01/17 Pending -- -- --
01/09/2017 01/09/17 For Sale $1,295,000 -- $263 / 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
2024 $7,628 $870,200 $400,000 $470,200
2023 $7,628 $870,200 $400,000 $470,200
2022 $6,429 $870,200 $400,000 $470,200
2021 $6,428 $740,200 $330,000 $410,200
2020 $5,556 $740,200 $330,000 $410,200
2019 $5,563 $740,200 $330,000 $410,200
2018 $5,528 $735,300 $330,000 $405,300
2017 $5,099 $735,300 $330,000 $405,300
2016 $5,136 $735,300 $330,000 $405,300
2015 -- $735,300 $330,000 $405,300
Source: Public Records

Agents Affiliated with this Home

  • Heather VanderMyde

    Seller's Agent in 2017

    Heather VanderMyde

    Coldwell Banker Seaside Realty - KDH

    (252) 202-2375

    83 in this area

    407 Total Sales

    Heather VanderMyde
    Section Image

  • *

    Buyer's Agent in 2017

    * **Not a Member

    **Not a Member

See All Agents

Map

Source: Outer Banks Association of REALTORS®

MLS Number: 94774

Outer Banks Association of REALTORS®

APN: 115A-000-0020-0005

North Carolina Currituck County Corolla 27927

1036 Lighthouse Dr, Corolla, NC

This home is located at 1036 Lighthouse Dr, Corolla, NC 27927 since 09 January 2017 and is currently estimated at $1,787,881, approximately $362 per square foot. This property was built in 2004. 1036 Lighthouse Dr is a home located in Currituck County with nearby schools including Knotts Island Elementary School, Currituck County Middle School, and Currituck County High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Outer Banks Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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