NOT LISTED FOR SALE

1060 Lighthouse Dr Corolla, NC 27927

Corolla Neighborhood

Estimated Value: $1,538,000 - $1,629,000

7 Beds
7.5 Baths
3,892 Sq Ft
$406/Sq Ft Est. Value

Last Sold March 26, 2018

Last sale price $815,000 $209 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $9,076/month

46 Days on Market

Highlights

  • Ocean Front
  • Cathedral Ceiling
  • Granite Countertops
  • In Ground Pool
  • Furnished
  • Second Dishwasher

About This Home

As of March 2018

This 7 bedroom semi-oceanfront home has been recently renovated and is ready for rentals. Renovations include a new roof, all new siding, exterior deck rails painted, new pool pump, new bedding and decor inside. Outside you will find a large yard with volleyball and a fenced pool area. This home features ample deck space including some that wrap around and some that are private. Inside on the ground level you will find 2 bedrooms that each have their own private bath and a third bedroom with a semi-private bath that is shared with the rec room area. The rec room includes a game table, wet bar and seating area. On the middle level you will find four master bedrooms each with their own private baths and each with a sliding door for deck access. The top level is open and spacious featuring an updated kitchen with granite counters and stainless steel appliances, a dining area with ocean views, living room, additional seating area with ocean views and a shipswatch with seating and more ocean views. All of these amenites translate into great rental income with a projection of over $110k.

Last Agent to Sell the Property

Andy Tucker

Beach House Brokers, LLC License #249929 Listed on: 12/15/2017

Co-Listed By

Johanna Tucker

OBX Surf Realty, LLC License #246978

Last Buyer's Agent

Michael Nolan

Waterfront Properties OBX License #193233

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,657

Year Built

  • Built in 1997

Lot Details

  • Ocean Front

Home Design

  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Construction Material

Interior Spaces

  • 3,892 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Second Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Pool

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

Utilities

  • Heat Pump System
  • Municipal Utilities District Water
  • Private or Community Septic Tank

Community Details

  • Whalehead Club Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 20

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,657

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Bank Owned: Yes
  • Extras: Ceiling Fan(s), Hot Tub, Outside Shower
  • Headline: Renovated and Ready to Go!
  • Heated Sq Ft: 3892
  • L V T Date: 12/15/2017
  • Sale/Rent: For Sale
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: Res
  • Deed Book Pg Number: 424
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C28285
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer, 2nd Dishwasher
  • Bedrooms: 7
  • Countertops: Granite
  • Floor Coverings: Carpet, Tile, Wood Laminate
  • Full Bathrooms: 7
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Gas Fireplace, Ensuite, Pantry, Washer Connection
  • Optional Rooms: Shipswatch
  • Partial Bathrooms: 1

Exterior Features

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

Utilities

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

Lot Info

  • Lot Number: Lot 20
  • Deed Book: 1411

Rental Info

  • Est Annual Rental Income: 110070
  • Estimated Rental Performance: 0.1351

Building Info

  • Year Built: 1997

Tax Info

  • Year: 2017
  • Taxes: 5656.55

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2017
Closed on
Feb 12, 2018
Sold by
U S Bank National Associatiion
Bought by
Clark Thomas D and Clark Tanya S
Seller's Agent
Andy Tucker
Beach House Brokers, LLC
Buyer's Agent
Michael Nolan
Waterfront Properties OBX
List Price
$819,900
Sold Price
$815,000
Premium/Discount to List
-$4,900
-0.6%
Current Estimated Value
$1,581,168

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$766,168
Avg. Annual Appreciation
9.27%
Original Mortgage
$650,000
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 13, 2005
Sold by
Rogers Michael D and Rogers Johanna E
Bought by
Diversified Investments Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,240,000
Interest Rate
5.69%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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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
Clark Thomas D $815,000 None Available
Diversified Investments Group Llc $1,550,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sea Girls And A Guy Llc $620,000
Closed Clark Thomas D $650,000
Previous Owner Diversifed Investments Group Llc $1,260,000
Previous Owner Diversified Investments Group Llc $1,240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2018 03/26/18 Sold $815,000 -0.6% $209 / Sq Ft
12/15/2017 12/15/17 For Sale $819,900 -- $211 / 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 $7,818 $884,800 $400,000 $484,800
2023 $7,818 $884,800 $400,000 $484,800
2022 $6,670 $884,800 $400,000 $484,800
2021 $6,655 $799,600 $330,000 $469,600
2020 $6,089 $799,600 $330,000 $469,600
2019 $6,073 $799,600 $330,000 $469,600
2018 $6,073 $799,600 $330,000 $469,600
2017 $5,657 $799,600 $330,000 $469,600
2016 $5,698 $799,600 $330,000 $469,600
2015 $5,698 $799,600 $330,000 $469,600
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2018

    Andy Tucker

    Beach House Brokers, LLC

    (252) 202-7873

    6 in this area

    62 Total Sales

    Andy Tucker
    Section Image
  • Johanna Tucker

    Seller Co-Listing Agent in 2018

    Johanna Tucker

    OBX Surf Realty, LLC

    (252) 202-7675

    9 in this area

    50 Total Sales

    Johanna Tucker
    Section Image

  • M

    Buyer's Agent in 2018

    Michael Nolan

    Waterfront Properties OBX

    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 98738

Outer Banks Association of REALTORS®

APN: 115A-000-0020-0004

North Carolina Currituck County Corolla 27927 Corolla

1060 Lighthouse Dr, Corolla, NC

This home is located at 1060 Lighthouse Dr, Corolla, NC 27927 since 15 December 2017 and is currently estimated at $1,581,168, approximately $406 per square foot. This property was built in 1997. 1060 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.

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