NOT LISTED FOR SALE

1077 Lighthouse Dr Corolla, NC 27927

Estimated Value: $2,844,707 - $3,290,000

6 Beds
9 Baths
5,751 Sq Ft
$524/Sq Ft Est. Value

Last Sold June 28, 2023

Last sale price $2,700,000 $469 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $17,077/month

64 Days on Market

Highlights

  • Beach Front
  • Indoor Pool
  • Second Refrigerator
  • Ocean View
  • 0.8 Acre Lot
  • Coastal Architecture

About This Home

As of June 2023

AN OUTER BANKS GEM WITH SIX BEDROOMS/SEVEN FULL BATHROOMS/TWO HALF BATHS….SITTING ON A 100’ WIDE HOMESITE! BREATH TAKING OCEAN PANORAMA VIEWS FROM JUST ABOUT EVERY ROOM! This home “OCEAN COMMOTION” has the perfect combination of style and fun and offers THE PERFECT PRIVATE ESTATE SETTING FOR RETURN ON YOUR MONEY with a large pool deck with tiki bar, beach walkway over a high wide dune, and a huge recreation room with lots to do. This wonderful oceanfront home has a super wide and uncrowded beach for your relaxation. RECENT UPGRADES INCLUDED 15’ X 30’ CONCRETE POOL AND COMPOSITE DECKING. The private pool with cabana is situated perfectly to enjoy views, cool breezes and salty air while taking a dip, also includes half bath, dune top deck and private walkway to the beach and you can sip your favorite beverage pool side at the tiki bar with mini fridge and sink. This home will not disappoint! Inside you'll find two queen en-suites bedrooms with deck access directly to the pool deck area, bedroom with two queens and deck access directly to the pool area, theater room with wet bar and theater seating, and laundry room with washer, dryer and full size refrigerator. Beautiful ocean views from the entire mid-level! LARGE WOW! OPEN GAME ROOM WITH POOL TABLE, SHUFFLE BOARD, AIR HOCKEY TABLE, BIG-SCREEN TV/DVD WITH SURROUND SOUND, COUCHES, WET BAR WITH MINI FRIDGE, ICE MAKER AND SINK, GAME TABLE, DECK ACCESS, TWO ADDITIONAL TVS AND A HALF BATHROOM. Two queen en-suites bedroom with deck access. The top floor you will discover more gorgeous ocean views from the entire top level. Large great room with open floor plan for family and friends to gather and make memories, GAS FIREPLACE WITH CIRCA 1860'S MANTLE, DECK ACCESS, CUSTOM DINING TABLE MADE FROM SWEDISH EMBASSY WINDOW IN DC, kitchen with two dishwashers, stainless appliances and a breakfast bar, bar area with wine fridge and beverage fridge, dining room with deck access to the screened porch, master bedroom with deck access to the hot tub deck, bedroom/office and desk area and a full hall bathroom. Sonos multi zone music system throughout the house and including four outside zones. It’s a complete vacation rental package. Brand new top floor composite sun deck, exterior paint job and pool fence with smart siding...like new exterior! Ready for your enjoyment!

Last Agent to Sell the Property

Daniel Fenyak

Outer Banks Blue Realty Srvcs. License #103918 Listed on: 03/15/2023

Co-Listed By

Danielle Fenyak

Outer Banks Blue Realty Srvcs. License #283556

Last Buyer's Agent

Sandra LaRue

Corolla Beach Realty License #244093

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,222

Year Built

  • Built in 2005

Lot Details

  • 0.8 Acre Lot
  • Lot Dimensions are 100x350
  • Beach Front
  • 100 Feet of Waterfront
  • Landscaped
  • Sprinkler System
  • Property is zoned SFO

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 5,751 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Entrance Foyer
  • Game Room
  • Screened Porch
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Second Refrigerator
  • Ice Maker
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Pool

  • Indoor Pool
  • Gunite Pool
  • Outdoor Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Patio

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District Water
  • Septic System

Listing and Financial Details

  • Tax Lot 12

Community Details

Overview

  • Whalehead Club Subdivision

Recreation

  • Community Boardwalk

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,222

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary, Coastal
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Common Laundry Area, Hot Tub, Landscaped, Lawn Sprinklers, Outside Shower, Patio, Screened Porch, Sun Deck
  • Flood Zone: X
  • Headline: Stunning Whalehead OF
  • Heated Sq Ft: 5751
  • L V T Date: 03/15/2023
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: 3
  • Waterfront Location: Oceanfront
  • Zoning: SFO
  • Advertised Income 2020: 155780
  • Advertised Income 2021: 182635
  • Advertised Income 2022: 189722
  • Deed Book Pg Number: 358
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C15771
  • 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, Refrigerator w/Ice Maker, Washer, 2nd Refrigerator
  • Bedrooms: 6
  • Countertops: Solid Surface
  • Electronic Locks: Leased
  • Floor Coverings: Carpet, Tile, Hardwood
  • Foundation: Piling
  • Full Bathrooms: 7
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ensuite, Washer Connection
  • Optional Rooms: Foyer, Game Room, Office
  • Partial Bathrooms: 2

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool: Private
  • Pool Type: Indoor, Gunite, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 100
  • View: Ocean
  • Water Frontage: 100

Utilities

  • Cooling: Central, Heat Pump, Zoned
  • Heating: Central, Electric, Heat Pump, Zoned
  • Septic Fee: 600
  • Sewer/Septic System: Non Conventional Septic
  • Water: Municipal

Condo/Co-op/Association

  • Home Owner Dwelling Insurance: 2558

Lot Info

  • Estimated Lot Sq Ft: 35000
  • Lot Description: Beach Frontage, Water Frontage
  • Lot Size: 100X350
  • Lot Number: Lot 12
  • Estimated Lot Size: 0.80
  • Deed Book: 816

Rental Info

  • Est Annual Rental Income: 309445
  • Estimated Rental Performance: 0.1146
  • Flood Expenses: 797
  • Lease Terms: Weekly
  • Other Expenses: 495
  • Other Expenses2: 3056
  • Other Insurance Expenses: 345
  • Poolspa Expense: 3124
  • Rental Co: Brindley Beach Vacations
  • Rental Cottage Name: Ocean Commotion
  • Rental Cottage Number: WL1077
  • Rental Phone Number: 252.453.3000
  • Rental Turnover Day: Saturday
  • Yearly Expense Actual Estimate: Actual
  • Annual Cable TV Expense: 1005
  • Annual Electric: 4144
  • Annual Telephone Expense: 900
  • Annual Water Expense: 2871
  • Rental Contact Email: kami@brindleybeach,com
  • Rental Contact Name: Kami Trusz
  • Rental Contact Phone: 252.453.3580

Building Info

  • Year Built: 2005

Tax Info

  • Year: 2022
  • Taxes: 13222

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2023
Closed on
Jun 12, 2023
Sold by
Bengel Charles W and Bengel Janet
Bought by
Vcity Bros Real Estate Llc
Seller's Agent
Daniel Fenyak
Outer Banks Blue Realty Srvcs.
Buyer's Agent
Sandra LaRue
Corolla Beach Realty
List Price
$3,400,000
Sold Price
$2,700,000
Premium/Discount to List
-$700,000
-20.59%
Views
153
Current Estimated Value
$3,018,165

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$318,165
Avg. Annual Appreciation
4.47%
Original Mortgage
$2,025,000
Outstanding Balance
$1,966,523
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$1,048,379

Purchase Details

Closed on
Oct 28, 2004
Bought by
Bengel Charles W and Bengel Janet
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

Date Buyer Sale Price Title Company
Vcity Bros Real Estate Llc $16,200,000 None Listed On Document
Bengel Charles W $1,700,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vcity Bros Real Estate Llc $2,025,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2023 06/28/23 Sold $2,700,000 -8.5% $469 / Sq Ft
05/18/2023 05/18/23 Pending -- -- --
04/14/2023 04/14/23 Price Changed $2,950,000 -8.7% $513 / Sq Ft
04/04/2023 04/04/23 Price Changed $3,230,000 -5.0% $562 / Sq Ft
03/15/2023 03/15/23 For Sale $3,400,000 -- $591 / 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 $15,728 $1,857,200 $1,094,800 $762,400
2024 $15,728 $1,857,200 $1,094,800 $762,400
2023 $14,190 $1,857,200 $1,094,800 $762,400
2022 $13,222 $1,857,200 $1,094,800 $762,400
2021 $13,200 $1,493,600 $833,000 $660,600
2020 $10,871 $1,493,600 $833,000 $660,600
2019 $10,871 $1,493,600 $833,000 $660,600
2018 $10,871 $1,493,600 $833,000 $660,600
2017 $10,106 $1,493,600 $833,000 $660,600
2016 $10,174 $1,493,600 $833,000 $660,600
2015 $10,174 $1,493,600 $833,000 $660,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 121695

Outer Banks Association of REALTORS®

APN: 115A-000-0012-0003