NOT LISTED FOR SALE

1062 Lighthouse Dr Corolla, NC 27927

Estimated Value: $1,894,228 - $2,353,000

8 Beds
7.5 Baths
4,650 Sq Ft
$440/Sq Ft Est. Value

Last Sold September 30, 2020

Last sale price $1,250,000 $269 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $11,474/month

2 Days on Market

Highlights

  • Ocean Front
  • Second Refrigerator
  • Cathedral Ceiling
  • Heated In Ground Pool
  • Coastal Architecture
  • Hydromassage or Jetted Bathtub

About This Home

As of September 2020

Pictures & more info Coming Soon! Beautiful house with stunning ocean views, elevator, tiki bar & awesome rentals! The Seller is the original owner, who has always maintained a top condition home New appliances in kitchen & washer dryer, newer hvac, new pool heater 3/20, will have details soon. The great room's design offers a spacious room for large gatherings. The kitchen is outfitted in white cabinets with granite counter tops and new stainless steel appliances. There is a king bedroom whose en suite bath has a large jetted tub, separate tiled shower & double vanities. An elevator takes you to the mid level where you'll find foyer and four bedrooms with lovely en suites!. The ground level has a rec room with pool table and a kitchenette; there is another King en suite and 2 more bedrooms which share a bath. Very nice pool area has a heated gunnite pool, hot tub and Tiki bar with wet bar, top off a golden home! New Pictures coming and more information as well!! New appliances in kitchen & washer dryer, newer hvac, new pool heater 3/20.

Last Agent to Sell the Property

Denise Graham

Keller Williams - Outer Banks License #190990 Listed on: 07/25/2020

Keller Williams - Outer Banks

Co-Listed By

Eddie Kavanaugh

Keller Williams - Outer Banks License #126307

Last Buyer's Agent

Lauren Nelson

Keller Williams - Outer Banks License #212651

Keller Williams - Outer Banks

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,585

Year Built

  • Built in 2005

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 100' x 200'
  • Ocean Front
  • Level Lot

HOA Fees

  • $4 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 4,650 Sq Ft Home
  • Elevator
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Gas Fireplace
  • Game Room
  • Ocean Views

Kitchen

  • Built-In Oven
  • Built-In Range
  • Microwave
  • Second Refrigerator
  • Ice Maker
  • Second Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Gunite Pool
  • Outdoor Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Tiki or Chickee Hut

Utilities

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

Community Details

  • Built by BD&A
  • Whalehead Club Subdivision

Listing and Financial Details

  • Tax Lot #21

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,585

Year Built

Built in 2005

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Extras: Covered Decks, Elevator, Hot Tub, Jet Tub, Outside Shower, Sun Deck, Tiki Bar
  • Flood Zone: X
  • Headline: Corolla Gold, No Kiddin'!
  • Heated Sq Ft: 4650
  • L V T Date: 07/25/2020
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: 4
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: Residentia
  • Advertised Income 2020: 133008
  • Deed Book Pg Number: 607
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C30917
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Countertop Range, Dishwasher, Dryer, Microwave, Refrigerator w/Ice Maker, Wall Oven, Washer, 2nd Dishwasher, 2nd Refrigerator
  • Bedrooms: 8
  • Countertops: Granite
  • Floor Coverings: Carpet, Ceramic Tile, Vinyl Tile
  • Foundation: Piling
  • Full Bathrooms: 7
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ensuite, Washer Connection, Wet Bar, 1st Flr Ensuite
  • Optional Rooms: Game Room
  • Partial Bathrooms: 1

Exterior Features

  • Homebuilder: BD&A
  • Construction: Frame, Wood
  • Exterior: Lap Siding, Cement Fiber Board
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Gunite, Heated, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Utilities

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

Condo/Co-op/Association

  • Association Fee: Voluntary - Restrictive Covenants May Apply
  • Estimated Annual Fee: 50
  • Hoa Contact: HOA
  • HOA Contact: Mears

Lot Info

  • Estimated Lot Sq Ft: 20000
  • Lot Description: Level
  • Lot Faces: e
  • Lot Size: 100' x 200'
  • Lot Number: Lot #21
  • Estimated Lot Size: 0.46
  • Deed Book: 1450

Rental Info

  • Lease Terms: Weekly
  • Rental Co: Vacasa - North
  • Rental Cottage Name: Corolla Gold
  • Rental Cottage Number: 434
  • Rental Turnover Day: Sunday
  • Rental Contact Email: nancy.beasley@vacasa.com
  • Rental Contact Name: Nancy Beasley
  • Rental Contact Phone: 252-453-9660

Building Info

  • Year Built: 2005

Tax Info

  • Year: 2019
  • Taxes: 6585

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2020
Closed on
Sep 30, 2020
Sold by
Galligan Codelia
Bought by
Joseph Mark and Joseph Karen
Seller's Agent
Denise Graham
Keller Williams - Outer Banks
Buyer's Agent
Lauren Nelson
Keller Williams - Outer Banks
List Price
$1,250,000
Sold Price
$1,250,000
Current Estimated Value
$2,046,807

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$796,807
Avg. Annual Appreciation
9.83%
Original Mortgage
$1,000,000
Outstanding Balance
$883,394
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,163,413

Purchase Details

Closed on
Jul 5, 2018
Sold by
Galligan Matthew and Galligan Birgit
Bought by
Galligan Cordelia

Purchase Details

Closed on
May 3, 2005
Sold by
Epc Nc 19 Llc
Bought by
Galligan Matthew and Galligan Cordelia
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Joseph Mark $1,250,000 None Available
Galligan Cordelia -- None Available
Galligan Matthew -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Joseph Mark $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2020 09/30/20 Sold $1,250,000 0.0% $269 / Sq Ft
07/27/2020 07/27/20 Pending -- -- --
07/25/2020 07/25/20 For Sale $1,250,000 -- $269 / 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 $9,338 $1,073,000 $400,000 $673,000
2024 $9,338 $1,073,000 $400,000 $673,000
2023 $9,322 $1,073,000 $400,000 $673,000
2022 $7,868 $1,073,000 $400,000 $673,000
2021 $7,853 $882,300 $330,000 $552,300
2020 $6,577 $882,300 $330,000 $552,300
2019 $6,577 $882,300 $330,000 $552,300
2018 $6,577 $882,300 $330,000 $552,300
2017 $6,118 $882,300 $330,000 $552,300
2016 $6,255 $882,300 $330,000 $552,300
2015 $6,255 $882,300 $330,000 $552,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 110268

Outer Banks Association of REALTORS®

APN: 115A-000-0021-0004