NOT LISTED FOR SALE

811 Lighthouse Dr Corolla, NC 27927

Estimated Value: $2,811,540 - $3,394,000

7 Beds
7.5 Baths
4,613 Sq Ft
$653/Sq Ft Est. Value

Last Sold November 10, 2016

Last sale price $1,686,000 $365 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $17,035/month

134 Days on Market

Highlights

  • Beach Front
  • Cabana
  • Coastal Architecture
  • Ocean View
  • Second Refrigerator
  • Cathedral Ceiling

About This Home

As of November 2016

Stella Rosa, a Very Popular Oceanfront Beach Home, is perched on a High Dune commanding awesome Ocean Views ! Lots of wonderful Windows capture the Views of the Ocean's Splashing Surf. With a unique and desirable Top Level Floor Plan with Two Private Master Bedroom Suites, more benefit from the magnificent Ocean Views. This High Performance Oceanfront Beach Home provides Excellent Rental Income ( over $200,000 Net ) with the Elevator, Private Pool, Hot Tub, Large Rec Room and Mid Level Den that makes this all happen for you. Top Level and Mid Level Design has windows positioned to enjoy Ocean Views from every vantage point. The Great Room, Dining and Kitchen Areas are ideal and spacious for entertaining. The Great Room has a separate Sitting Nook of Table and Chairs, a Seasonal Fireplace, and over 10 Panels of Glass to enjoy the Sunrise, the Moon Beams reflecting on the water, Ocean and Sky Views, for all the action. The Kitchen Area with Stainless Steel Appliances, Granite Countertops, Culinary Areas, Jennaire on Center Island, Bar Seating and Breakfast Seating with direct Ocean Views, creates a refreshing arena. Dining is especially nice sitting by the Oceanfront Windows seeing Ocean Vistas. Mid-Level Den Sofas, Wet Bar, Frig and Flat Screen is another separate center of activity, with access to Oceanfront Decks. The Rec Room with Sofas, Flat Screen, Full Size Billiards Table, Foosball, keeps the excitement ongoing. Outside includes Large Private Pool & Hot Tub; Outdoor Living on 2300 sq ft of ongoing Decks; Private Beach Walkway; and a Dune Deck overlooking the Great Atlantic Ocean. This Beach Home shines with freshly Painted Interior and Exterior. Being conveniently located on the Wide Beautiful Beach of Whalehead in the center of Corolla is ideal. Stella Rosa is one of the few Oceanfronts with an easy walking distance or bicycle ride to Tim Buck II Shops, Restaurants, Putt Putt Golf, Bumper Cars, Jet Ski Rentals and Monteray Plaza Retail Shops, Food Lion Grocery Store, Movie Theatre, and Restaurants. Whether you are playing shuffleboard by the Pool, shooting a basketball on the court, or simply relaxing on the Porch Swing while viewing the Ocean, Stella Rosa provides a relaxing vacation.

Last Agent to Sell the Property

Paul Sabadash

Sun Realty - Corolla License #119788 Listed on: 04/14/2016

Last Buyer's Agent

Leslie Gilmore

Great Escapes Vacations & Sales License #198088

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,098

Year Built

  • Built in 2000

Lot Details

  • Beach Front
  • 100 Feet of Waterfront

HOA Fees

  • $4 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 4,613 Sq Ft Home
  • Elevator
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Bay Window
  • Entrance Foyer
  • Game Room
  • Utility Room
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Carport
  • Off-Street Parking

Pool

  • Cabana
  • In Ground Pool
  • Fiberglass Pool
  • Outdoor Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Covered Deck

Utilities

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

Listing and Financial Details

  • Tax Lot # 7

Community Details

Overview

  • Whalehead Club Subdivision

Recreation

  • Community Boardwalk

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,098

Year Built

Built in 2000

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Directions: Corolla's Northern Traffic Light at Food Lion / Monteray Plaza Shops Turn East on Albacore to Lighthouse Drive, then Turn Left / North. 811 on Right Perched High on the Dune for the Best Ocean Views !
  • Extras: Beach Access, Boardwalk to Beach, Cabana, Ceiling Fan(s), Covered Decks, Elevator, Hot Tub, Jet Tub, Outside Shower, Smoke Detector(s), Sun Deck
  • Flood Zone: VE
  • Headline: Positive Cash Before Tax !!!
  • Heated Sq Ft: 4613
  • L V T Date: 04/14/2016
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: 14
  • Waterfront Location: Oceanfront
  • Zoning: RES
  • Deed Book Pg Number: 202
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Countertop Range, Dishwasher, Dryer, Ice Machine, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer, 2nd Dishwasher, 2nd Refrigerator
  • Bedrooms: 7
  • Countertops: Granite, Solid Surface
  • Floor Coverings: Carpet, Tile, Wood
  • Foundation: Piling
  • Full Bathrooms: 7
  • Furnishings Available: Yes
  • Interior Amenities: Bay/Bow Window, Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ensuite, Washer Connection, Wet Bar
  • Optional Rooms: Foyer, Game Room, Utility Room
  • Partial Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: 2 Car, Carport
  • Parking: Paved, Off Street

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: 45

Lot Info

  • Lot Description: Beach Frontage, Water Frontage
  • Lot Size: 100' X HWM
  • Lot Number: Lot # 7
  • Deed Book: 476

Rental Info

  • Est Annual Rental Income: 213635
  • Estimated Rental Performance: 0.1267
  • Lease Terms: Weekly
  • Rental Co: Twiddy and Company
  • Rental Cottage Name: Stella Rosa
  • Rental Cottage Number: J10811
  • Rental Phone Number: 2524571100
  • Rental Turnover Day: SUNDAY

Building Info

  • Year Built: 2000

Tax Info

  • Year: 2015
  • Taxes: 6098

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2016
Closed on
Nov 3, 2016
Sold by
Norrett Edward J and Norrett Rita A
Bought by
Salama Carlos and Gabbay Mona
Seller's Agent
Paul Sabadash
Sun Realty - Corolla
Buyer's Agent
Leslie Gilmore
Great Escapes Vacations & Sales
List Price
$2,150,000
Sold Price
$1,686,000
Premium/Discount to List
-$464,000
-21.58%
Current Estimated Value
$3,013,885

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,327,885
Avg. Annual Appreciation
6.56%
Original Mortgage
$1,095,900
Outstanding Balance
$872,703
Interest Rate
3.42%
Mortgage Type
New Conventional
Estimated Equity
$2,141,182

Purchase Details

Closed on
Dec 12, 2001
Bought by
Norrett Edward J and Norrett Rita A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Salama Carlos $1,686,000 Attorney
Norrett Edward J $1,225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salama Carlos $1,095,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/10/2016 11/10/16 Sold $1,686,000 -21.6% $365 / Sq Ft
08/26/2016 08/26/16 Pending -- -- --
04/14/2016 04/14/16 For Sale $2,150,000 -- $466 / 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 $14,882 $1,734,800 $1,094,800 $640,000
2024 $14,882 $1,734,800 $1,094,800 $640,000
2023 $14,866 $1,734,800 $1,094,800 $640,000
2022 $12,521 $1,734,800 $1,094,800 $640,000
2021 $12,506 $1,414,500 $833,000 $581,500
2020 $10,447 $1,414,500 $833,000 $581,500
2019 $10,447 $1,414,500 $833,000 $581,500
2018 $0 $1,414,500 $833,000 $581,500
2017 $9,705 $883,500 $833,000 $50,500
2016 $6,098 $883,500 $833,000 $50,500
2015 $6,098 $1,374,000 $833,000 $541,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Outer Banks Association of REALTORS®

MLS Number: 92013

Outer Banks Association of REALTORS®

APN: 115A-000-0007-0014