NOT LISTED FOR SALE

1085 Lighthouse Dr Corolla, NC 27927

Estimated Value: $2,729,000 - $4,592,391

0.8 Acre
$4,555,998 Price per Acre
35,000 Sq Ft Lot

Last Sold March 05, 2018

Last sale price $1,100,000

Est. 233% increase in value since last sale

Current estimated payment $20,962/month

119 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • 35,000 Sq Ft lot

About This Lot

As of March 2018

A rare find. Sweeping views from this high sturdy vegetated lot and dune on a wide beach. One of only a few remaining! 100 ft of Oceanfront.Take a look at the other oceanfront homes in Whalehead,imagine yours being built here. Overflow parking just a block away. Whalehead is also one of the most popular areas for rentals. Attractions include Whalehead Club,Currituck Beach Lighthouse,Corolla Light Town Center,Timbuck II Shopping Center, Corolla Adventure Golf & Currituck Club Golf Course.

Last Agent to Sell the Property

Jane Plante

Coldwell Banker Seaside Realty - KDH License #286312 Listed on: 09/18/2017

Coldwell Banker Seaside Realty - KDH

Last Buyer's Agent

Four Seasons Realty

Four Seasons Realty License #177785

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,456

Lot Details

  • 0.8 Acre Lot
  • Beach Front
  • 100 Feet of Waterfront

Property Views

  • Ocean Views

Utilities

  • Municipal Utilities District Water
  • Private or Community Septic Tank

Community Details

  • Whalehead Club Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$5,456

Lot Details

0

Listing Details

  • Class: LOTS/LAND
  • Directions: Turn Right on Shad Rd. turn right on Lighthouse Dr.
  • Flood Zone: VE
  • Headline: Whalehead Oceanfront Lot!
  • L V T Date: 09/20/2017
  • Roads: Public, Paved
  • Sale/Rent: For Sale
  • Section: 3
  • Waterfront Location: Oceanfront
  • Zoning: RES
  • Deed Book Pg Number: 492
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C7166
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Street Frontage: 100
  • View: Ocean
  • Water Frontage: 100

Utilities

  • Sewer/Septic System: Private Septic
  • Water: Municipal
  • Electric: Available

Lot Info

  • Estimated Lot Sq Ft: 35000
  • Lot Description: Beach Frontage
  • Lot Faces: E
  • Deed Book: 181
  • Unit/Lot Number: Lot 8

Tax Info

  • Year: 2017
  • Taxes: 5456.15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2017
Closed on
Mar 5, 2018
Sold by
Darden Field Irene Dupont and Field John
Bought by
Mangal Investment Llc
Seller's Agent
Jane Plante
Coldwell Banker Seaside Realty - KDH
Buyer's Agent
Four Seasons Realty
Four Seasons Realty
List Price
$1,100,000
Sold Price
$1,100,000
Current Estimated Value
$3,660,696

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,560,696
Avg. Annual Appreciation
16.69%
Original Mortgage
$660,000
Outstanding Balance
$557,092
Interest Rate
4.04%
Mortgage Type
Commercial
Estimated Equity
$3,103,604

Purchase Details

Closed on
Dec 31, 1899
Bought by
Field Irene Dupont Darden
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Mangal Investment Llc $11,000 None Available
Field Irene Dupont Darden -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mangal Investment Llc $660,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/05/2018 03/05/18 Sold $1,100,000 0.0% --
01/18/2018 01/18/18 For Sale $1,100,000 0.0% --
01/15/2018 01/15/18 Pending -- -- --
10/24/2017 10/24/17 Price Changed $1,100,000 -12.0% --
09/18/2017 09/18/17 For Sale $1,250,000 -- --
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 $21,386 $2,488,200 $1,094,800 $1,393,400
2024 $21,386 $2,488,200 $1,094,800 $1,393,400
2023 $21,370 $2,488,200 $1,094,800 $1,393,400
2022 $17,979 $2,488,200 $1,094,800 $1,393,400
2021 $17,917 $1,827,300 $833,000 $994,300
2020 $13,538 $1,827,300 $833,000 $994,300
2019 $13,503 $1,907,200 $833,000 $1,074,200
2018 $6,143 $833,000 $833,000 $0
2017 $5,456 $833,000 $833,000 $0
2016 $5,498 $833,000 $833,000 $0
2015 -- $833,000 $833,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 97841

Outer Banks Association of REALTORS®

APN: 115A-000-0008-0003