NOT LISTED FOR SALE

1052 Lighthouse Dr Corolla, NC 27927

Estimated Value: $970,000 - $1,611,000

5 Beds
3 Baths
2,441 Sq Ft
$484/Sq Ft Est. Value

Last Sold December 15, 2021

Last sale price $901,052 $369 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $6,780/month

2 Days on Market

Highlights

  • Community Beach Access
  • Fiberglass Pool
  • Whirlpool Bathtub
  • Ocean Front
  • Coastal Architecture
  • Furnished

About This Home

As of December 2021

Wonderful, well-cared for semi-oceanfront home in Whalehead - with gorgeous ocean views! Beach access is just steps away and the seller has continued to do annual upgrades to the home over several years of ownership. The house is a perfect size for a second home or investment at just under 2500 SF and the full year projection has rents at $87,000 - a 10% plus return (pretty hard to find these days!). Seller currently blocks the property for several months for personal use. Some recent upgrades - interior and exterior paint, new roof (2020), new carpet, upgraded kitchen cabinets, granite kitchen countertops, updated master bath, new vanities in all baths, and the list goes on. Please see Associated Docs for full list of upgrades and the few exclusions to the Bill of Sale. Don't miss this opportunity to see and sell this gem of a home!

Last Agent to Sell the Property

Laurie Battaglia

Coastal Outer Banks Realty License #271667 Listed on: 10/28/2021

Last Buyer's Agent

Mike Bishal

Great Escapes Vacations & Sales License #201359

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,796

Year Built

  • Built in 1988

Lot Details

  • 0.46 Acre Lot
  • Ocean Front
  • Level Lot

Home Design

  • Coastal Architecture
  • Cottage
  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 2,441 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Wood Burning Fireplace
  • Window Treatments
  • Screened Porch
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • 3 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Fiberglass Pool
  • Outdoor Pool
  • Spa

Outdoor Features

  • Sun Deck
  • Covered Deck

Utilities

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

Listing and Financial Details

  • Tax Lot 16

Community Details

Overview

  • Property has a Home Owners Association
  • Whalehead Club Subdivision

Recreation

  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,796

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal, Cottage
  • Extras: Beach Access, Ceiling Fan(s), Covered Decks, Hot Tub, Screened Porch, Smoke Detector(s), Sun Deck, Whirlpool/Spa, Dry Entry, Inside Laundry Room
  • Flood Zone: X
  • Headline: Fantastic Ocean Views!
  • Heated Sq Ft: 2441
  • L V T Date: 10/28/2021
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: Res
  • Deed Book Pg Number: 675
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C24808
  • 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, Washer
  • Bedrooms: 5
  • Countertops: Granite
  • Floor Coverings: Carpet, Ceramic Tile, Vinyl Tile, Plank
  • Foundation: Piling
  • Full Bathrooms: 3
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Dryer Connection, Ensuite, Washer Connection, Wood Fireplace

Exterior Features

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

Garage/Parking

  • Garage: Carport

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Ocean Access
  • Association Fee: Voluntary - Restrictive Covenants May Apply

Lot Info

  • Estimated Lot Sq Ft: 20000
  • Lot Description: Level
  • Lot Number: Lot 16
  • Estimated Lot Size: 0.46
  • Deed Book: 424

Rental Info

  • Est Annual Rental Income: 87275
  • Estimated Rental Performance: 0.0969
  • Lease Terms: Weekly
  • Rental Co: Kitty Hawk Rentals
  • Rental Cottage Name: Mermaids Palace
  • Rental Contact Email: scott@beachrealtync.com
  • Rental Contact Name: Scott Quigley
  • Rental Contact Phone: 252-255-4370

Building Info

  • Year Built: 1988

Tax Info

  • Year: 2021
  • Taxes: 4796

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 23, 2022
Sold by
Bowers Robert D
Bought by
Bowers Robert Douglas and Bowers Amira
Current Estimated Value
$1,180,733

Purchase Details

Closed on
Feb 25, 1998
Bought by
Battle William O and Battle Debra W
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bowers Robert Douglas -- Sharp Starkey
Bowers Robert Douglas -- Sharp Starkey
Battle William O $337,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2021 12/15/21 Sold $901,052 +6.1% $369 / Sq Ft
10/30/2021 10/30/21 Pending -- -- --
10/28/2021 10/28/21 For Sale $849,000 -- $348 / 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 $7,338 $820,100 $400,000 $420,100
2024 $5,766 $638,300 $400,000 $238,300
2023 $5,218 $638,300 $400,000 $238,300
2022 $4,820 $636,700 $400,000 $236,700
2021 $4,796 $543,300 $330,000 $213,300
2020 $4,121 $543,300 $330,000 $213,300
2019 $4,119 $543,300 $330,000 $213,300
2018 $4,119 $543,300 $330,000 $213,300
2017 $3,828 $543,300 $330,000 $213,300
2016 $3,855 $543,300 $330,000 $213,300
2015 $3,855 $543,300 $330,000 $213,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 116615

Outer Banks Association of REALTORS®

APN: 115A-000-0016-0004