NOT LISTED FOR SALE

1058 Lighthouse Dr Corolla, NC 27927

Estimated Value: $2,052,060 - $2,218,000

9 Beds
9.5 Baths
5,600 Sq Ft
$379/Sq Ft Est. Value

Sale Details

Date Sold: December 28, 2017

Last sale price $1,140,000 $204 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $12,202 / mo

402 Days on Market

Highlights

  • Ocean Front
  • Concrete Pool
  • Cathedral Ceiling
  • Beach Access
  • Second Refrigerator
  • Wood Flooring

About This Home

As of December 2017

Awesome extremely spacious home -- 5600 SF -- semi-oceanfront -- rental income consistently exceeds $100,000. 9 Bedrooms and 9-1/2 baths -- Great ocean views -- Many upgrades -- large open great room, gourmet kitchen, hardwood floors, large gameroom, pool with waterfall, baby pool, hot tub, elevator. Seller only opens for guests from Memorial Day to Labor Day -- a "Projection" of rents for 2018 for an open calendar appears in Associated Docs OWNER OFFERING A $3,000 credit to buyer at settlement for carpeting replacement -- can only be done at end of rental season. Check out the ASSOCIATED DOCS for the awesome Investment Analysis based on the current 2017 rents of $126,175!!! Nearly $30,000 yearly positive cash flow!!!

Last Agent to Sell the Property

Sally Holt

Surfside Realty License #183933 Listed on: 10/07/2016

Surfside Realty

Last Buyer's Agent

Sarah Spencer

Keller Williams Outer Banks KDH License #185795

Keller Williams Outer Banks KDH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,200

Year Built

  • Built in 2005

Lot Details

  • 20,000 Sq Ft Lot
  • Lot Dimensions are 100 x 200
  • Ocean Front
  • Level Lot

Home Design

  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 5,600 Sq Ft Home
  • Elevator
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Game Room
  • Utility Room
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Second Refrigerator
  • Ice Maker
  • Second Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 9 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Parking

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

Pool

  • Concrete Pool
  • In Ground Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Beach Access
  • Sun Deck
  • Covered Deck
  • Patio
  • 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 19

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,200

Year Built

Built in 2005

Lot Details

0.46 Acres

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: Go East on Shad then south on Lighthouse to 1058 on right
  • Extras: Beach Access, Ceiling Fan(s), Covered Decks, Elevator, Hot Tub, Jet Tub, Outside Lighting, Outside Shower, Patio, Smoke Detector(s), Sun Deck
  • Flood Zone: AE
  • Subdivision Name: Whalehead Club
  • Headline: Price Reduced!!!
  • Heated Sq Ft: 5600
  • L V T Date: 10/07/2016
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: RES
  • Deed Book Pg Number: 0255
  • Office License Number: C21933
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer, 2nd Dishwasher, 2nd Refrigerator
  • Bedrooms: 9
  • Bedroom 1: On Level: 2
  • Bedroom 2: On Level: 1
  • Bedroom 3: On Level: 1
  • Bedroom 4: On Level: 1
  • Bedroom 5: On Level: 1
  • Bedroom 6: On Level: Ground
  • Bedroom 7: On Level: Ground
  • Bedroom 8: On Level: Ground
  • Kitchen: On Level: 2
  • Floor Coverings: Carpet, Ceramic Tile, Tile, Wood, Hardwood
  • Foundation: Piling
  • Full Bathrooms: 9
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ensuite, Pantry, Walk in Closet, Washer Connection, Wet Bar
  • Dining Room: On Level: 2
  • Family Room: On Level: Ground
  • Living Room: On Level: 2
  • Optional Room 3: On Level: 1
  • Optional Rooms: Foyer, Game Room
  • Partial Bathrooms: 1

Exterior Features

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

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Home Owner Dwelling Insurance: 724

Lot Info

  • Estimated Lot Sq Ft: 20000
  • Lot Description: Level
  • Lot Faces: E
  • Lot Size: 100 X 200
  • Lot Number: Lot 19
  • Deed Book: 0941

Rental Info

  • Est Annual Rental Income: 154070
  • Estimated Rental Performance: 0.1351
  • Flood Expenses: 926
  • Lease Terms: Weekly
  • Maintenance Expenses: 450
  • Other Expenses: 330000
  • Other Expenses2: 692
  • Poolspa Expense: 3000
  • Rental Co: Outer Banks Blue
  • Rental Cottage Name: WH042 Downtime
  • Rental Cottage Number: WH042
  • Rental Phone Number: 252-255-1220
  • Rental Turnover Day: Saturday
  • Yearly Expense Actual Estimate: Actual
  • Annual Cable TV Expense: 1654
  • Annual Electric: 4510
  • Annual Telephone Expense: 745
  • Annual Water Expense: 738

Building Info

  • Year Built: 2005

Tax Info

  • Year: 2017
  • Taxes: 6200

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 21, 2024
Sold by
Bought by
Current Estimated Value
$2,120,015

Purchase Details

Listed on
Oct 7, 2016
Closed on
Dec 28, 2017
Sold by
Bought by
Seller's Agent
Sally Holt
Surfside Realty
Buyer's Agent
Sarah Spencer
Keller Williams Outer Banks KDH
List Price
$1,350,000
Sold Price
$1,140,000
Premium/Discount to List
-$210,000
-15.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.58%
Original Mortgage
$908,723
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 3, 2014
Closed on
May 27, 2015
Sold by
Bought by
Seller's Agent
Matt Myatt
Keller Williams Outer Banks KDH
Buyer's Agent
Sally Holt
Surfside Realty
List Price
$1,249,000
Sold Price
$1,235,000
Premium/Discount to List
-$14,000
-1.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.04%
Original Mortgage
$1,003,200
Interest Rate
3.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 26, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.31%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 4, 2005
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
-- None Listed On Document
$1,140,000 None Available
$1,235,000 Attorney
$1,785,000 None Available
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $908,723
Previous Owner $1,003,200
Previous Owner $250,000
Closed $0
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/28/2017 12/28/17 Sold $1,140,000 0.0% $204 / Sq Ft
11/13/2017 11/13/17 Pending -- -- --
11/03/2017 11/03/17 Price Changed $1,140,000 -0.9% $204 / Sq Ft
07/14/2017 07/14/17 Price Changed $1,150,000 -14.8% $205 / Sq Ft
10/07/2016 10/07/16 For Sale $1,350,000 +9.3% $241 / Sq Ft
05/27/2015 05/27/15 Sold $1,235,000 -1.1% $221 / Sq Ft View Prior Sale
11/18/2014 11/18/14 Pending -- -- --
11/03/2014 11/03/14 For Sale $1,249,000 -- $223 / Sq Ft
Source: Outer Banks Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $9,821 $1,110,200 $400,000 $710,200
2024 $9,821 $1,110,200 $400,000 $710,200
2023 $9,805 $1,110,200 $400,000 $710,200
2022 $8,273 $1,110,200 $400,000 $710,200
2021 $7,999 $923,300 $330,000 $593,300
2020 $6,876 $923,300 $330,000 $593,300
2019 $6,867 $923,300 $330,000 $593,300
2018 $6,867 $864,900 $330,000 $534,900
2017 $5,997 $864,900 $330,000 $534,900
2016 $6,050 $864,900 $330,000 $534,900
2015 -- $864,900 $330,000 $534,900
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2017

    Sally Holt

    RE/MAX

    (252) 207-7979

    19 Total Sales

    Sally Holt
    Section Image
  • Sarah Spencer

    Buyer's Agent in 2017

    Sarah Spencer

    Keller Williams Outer Banks KDH

    (252) 202-3357

    258 Total Sales

    Sarah Spencer
    Section Image
  • Matt Myatt

    Seller's Agent in 2015

    Matt Myatt

    Keller Williams Outer Banks KDH

    (252) 207-6588

    294 Total Sales

    Matt Myatt
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 94003

Outer Banks Association of REALTORS®

APN: 115A-000-0019-0004

North Carolina Currituck County Corolla 27927

1058 Lighthouse Dr, Corolla, NC

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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