NOT LISTED FOR SALE

1038 Lighthouse Dr Corolla, NC 27927

Corolla Neighborhood

Estimated Value: $1,001,000 - $1,211,000

5 Beds
3.5 Baths
2,500 Sq Ft
$451/Sq Ft Est. Value

Last Sold April 19, 2021

Last sale price $819,000 $328 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $6,462/month

101 Days on Market

Highlights

  • Ocean Front
  • Cathedral Ceiling
  • Furnished
  • In Ground Pool
  • Hydromassage or Jetted Bathtub
  • Game Room

About This Home

As of April 2021

OVER $70,700 PRE-BOOKED FOR 2021! This 5 Bedroom 3.5 Bath Semi-Oceanfront home in Whalehead has awesome Ocean Views! The open floor plan and multiple sitting areas encourage large group gatherings. Lounge on one of the many decks with your morning cup of coffee to watch the sunrise over the ocean, or take in the soothing sound of the waves crashing on shore and just relax. On the ground level of the home, find a rec room complete with mini-bar and foosball table. The middle level serves as the main gathering space with the kitchen and dining room combination as well as the living area. The bedrooms are located on the half levels so that everyone is just a short distance from anything in the house they should want. The top level master bedroom features a sizable bathroom including a shower, whirlpool tub and private deck with wonderful views of the Atlantic Ocean. Splash around in the private pool, or sunbathe on the surrounding deck. When you need a break, relax under the cabana, or hit the Hot Tub. In the evenings, round up the family for a friendly game of horseshoes! OVER $68,800 IN RENT FOR 2020.

Last Agent to Sell the Property

Barry Breit

Carolina Designs Realty License #187143 Listed on: 11/25/2020

Last Buyer's Agent

Heather McLay

Landmark Sotheby's International Realty License #188982

Landmark Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,269

Year Built

  • Built in 1985

Lot Details

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

Home Design

  • Split Level Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Vinyl Construction Material

Interior Spaces

  • 2,500 Sq Ft Home
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • Game Room
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Pool

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

Outdoor Features

  • Sun Deck
  • Exterior Lighting
  • Gazebo

Utilities

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

Community Details

  • Property has a Home Owners Association
  • George Mears Association
  • Whalehead Club Subdivision

Listing and Financial Details

  • Tax Lot lot 21

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,269

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Split Level
  • Extras: Ceiling Fan(s), Gazebo, Hot Tub, Jet Tub, Outside Lighting, Outside Shower, Smoke Detector(s), Sun Deck, Dry Entry
  • Headline: Semi-OF W/ Pool in Whalehead!
  • Heated Sq Ft: 2500
  • L V T Date: 11/25/2020
  • Sale/Rent: For Sale
  • Section: 5
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: res
  • Advertised Income 2020: 68800
  • Advertised Income 2021: 75193
  • Deed Book Pg Number: 789
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C6124
  • 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, Washer
  • Bedrooms: 5
  • Electronic Locks: Leased
  • Floor Coverings: Carpet, Ceramic Tile
  • Foundation: Piling
  • Full Bathrooms: 3
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Ensuite, Washer Connection, Wet Bar
  • Optional Rooms: Game Room
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame
  • Exterior: Vinyl
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Fiberglass, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Utilities

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

Condo/Co-op/Association

  • Association Fee: Voluntary - Restrictive Covenants May Apply
  • Hoa Contact: George Mears
  • HOA Contact: https://www.wpoa.org/

Lot Info

  • Estimated Lot Sq Ft: 20000
  • Lot Size: 100x200
  • Lot Number: lot 21
  • Estimated Lot Size: 0.46
  • Deed Book: 1332

Rental Info

  • Est Annual Rental Income: 75193
  • Estimated Rental Performance: 0.0918
  • Lease Terms: Weekly
  • Rental Co: Twiddy and Company
  • Rental Cottage Name: Sandpiper
  • Rental Cottage Number: J21038
  • Rental Phone Number: 4531100
  • Rental Turnover Day: Sunday
  • Rental Contact Email: jkavanaugh@twiddy.com
  • Rental Contact Name: Jen Kavanaugh
  • Rental Contact Phone: 8774571190

Building Info

  • Year Built: 1985

Tax Info

  • Year: 2020
  • Taxes: 4269.17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2020
Closed on
Apr 19, 2021
Sold by
Dittmer Paul G and Dittmer Deborah S
Bought by
Wagner Bradley Dennis and Wagner Colleen
Seller's Agent
Barry Breit
Carolina Designs Realty
Buyer's Agent
Heather McLay
Landmark Sotheby's International Realty
List Price
$819,000
Sold Price
$819,000
Current Estimated Value
$1,126,493

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$307,493
Avg. Annual Appreciation
7.48%
Original Mortgage
$548,250
Outstanding Balance
$496,075
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$630,418

Purchase Details

Listed on
Nov 12, 2014
Closed on
Jun 10, 2015
Sold by
Lynch Ted and Lynch Linnea
Bought by
Dittmer Paul G and Dittmer Deborah S
Seller's Agent
Andrew Hawbaker
EXP Realty, LLC - Coastal
Buyer's Agent
Michael Nolan
Waterfront Properties OBX
List Price
$649,900
Sold Price
$580,000
Premium/Discount to List
-$69,900
-10.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.12%
Original Mortgage
$417,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 4, 2006
Sold by
Lynch Theodore D and Lynch Linnea M
Bought by
Lynch Ted Lynch Linnea and Ted Lynch Trust
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
Wagner Bradley Dennis $819,000 None Available
Wagner Bradley Dennis $4,095,000 Sharp Starkey
Dittmer Paul G $580,000 Attorney
Lynch Ted Lynch Linnea -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wagner Bradley Dennis $548,250
Closed Wagner Bradley Dennis $106,950
Closed Wagner Bradley Dennis $548,250
Previous Owner Dittmer Paul G $417,000
Previous Owner Lynch Ted $301,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2021 04/19/21 Sold $819,000 0.0% $328 / Sq Ft
03/06/2021 03/06/21 Pending -- -- --
02/17/2021 02/17/21 For Sale $819,000 0.0% $328 / Sq Ft
02/16/2021 02/16/21 Pending -- -- --
12/19/2020 12/19/20 Price Changed $819,000 +2.5% $328 / Sq Ft
11/25/2020 11/25/20 For Sale $799,000 +37.8% $320 / Sq Ft
07/01/2015 07/01/15 Sold $580,000 -10.8% $232 / Sq Ft
05/20/2015 05/20/15 Pending -- -- --
11/12/2014 11/12/14 For Sale $649,900 -- $260 / 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 $6,156 $683,900 $400,000 $283,900
2023 $6,156 $638,000 $400,000 $238,000
2022 $4,881 $638,000 $400,000 $238,000
2021 $4,829 $560,800 $330,000 $230,800
2020 $4,269 $560,800 $330,000 $230,800
2019 $4,265 $560,800 $330,000 $230,800
2018 $4,265 $562,900 $330,000 $232,900
2017 $3,975 $562,900 $330,000 $232,900
2016 $3,991 $562,900 $330,000 $232,900
2015 $3,991 $562,900 $330,000 $232,900
Source: Public Records

Agents Affiliated with this Home

  • Barry Breit

    Seller's Agent in 2021

    Barry Breit

    Carolina Designs Realty

    (252) 202-1043

    7 in this area

    32 Total Sales

    Barry Breit
    Section Image
  • Heather McLay

    Buyer's Agent in 2021

    Heather McLay

    Landmark Sotheby's International Realty

    (252) 202-3409

    76 in this area

    177 Total Sales

    Heather McLay
    Section Image
  • Crystal Swain

    Buyer Co-Listing Agent in 2021

    Crystal Swain

    Twiddy and Company - Corolla

    (252) 573-1646

    44 in this area

    103 Total Sales

    Crystal Swain
    Section Image

  • A

    Seller's Agent in 2015

    Andrew Hawbaker

    EXP Realty, LLC - Coastal

    Section Image

  • M

    Buyer's Agent in 2015

    Michael Nolan

    Waterfront Properties OBX

    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 112008

Outer Banks Association of REALTORS®

APN: 115A-000-0021-0005

North Carolina Currituck County Corolla 27927 Corolla

1038 Lighthouse Dr, Corolla, NC

This home is located at 1038 Lighthouse Dr, Corolla, NC 27927 since 25 November 2020 and is currently estimated at $1,126,493, approximately $450 per square foot. This property was built in 1985. 1038 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.

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