NOT LISTED FOR SALE

827 Lighthouse Dr Corolla, NC 27927

Estimated Value: $1,227,000 - $3,819,252

4 Beds
4 Baths
3,176 Sq Ft
$849/Sq Ft Est. Value

Last Sold February 02, 2018

Last sale price $1,000,000 $315 Per Sq Ft

Est. 170% increase in value since last sale

Current estimated payment $15,629/month

19 Days on Market

Highlights

  • 100 Feet of Waterfront
  • 35,000 Sq Ft lot
  • Screened Porch
  • Ocean View
  • Furnished
  • Beamed Ceilings

About This Home

As of February 2018

Welcome to your Oceanfront opportunity! This home has some great potential. The super spacious open floor plan on the top floor has a gigantic kitchen, large dining and living area. This floor is so expansive. Deck space on East and West side make for great outdoor entertaining. Enjoy two large master bedrooms on the mid level east side. Both with deck access as well as two additional bedrooms and bath to finish out the mid level space. Covered parking, ground floor entry and an elevator! All on a spacious oceanfront lot on the beautiful beaches of Corolla. Perfect opportunity to spruce this home up or start over and build what you want.

Last Agent to Sell the Property

Ilona Matteson

Beach Realty & Construction License #174596 Listed on: 11/15/2017

Last Buyer's Agent

Matt Myatt

Keller Williams - Outer Banks License #218707

Keller Williams - Outer Banks

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,708

Year Built

  • Built in 1986

Lot Details

  • 0.8 Acre Lot
  • Lot Dimensions are 100x200
  • 100 Feet of Waterfront
  • Ocean Front

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • Tuck Under Parking

Home Design

  • Reverse Style Home
  • Asphalt Shingled Roof
  • Wood Siding
  • Lap Siding
  • Piling Construction

Interior Spaces

  • 3,176 Sq Ft Home
  • Furnished
  • Beamed Ceilings
  • Ceiling Fan
  • Screened Porch
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Sun Deck
  • Covered Deck

Utilities

  • Central Air
  • Heat Pump System
  • Private or Community Septic Tank

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

$7,708

Year Built

Built in 1986

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Extras: Boardwalk to Beach, Ceiling Fan(s), Covered Decks, Outside Shower, Screened Porch, Sun Deck
  • Flood Zone: VE
  • Subdivision Name: Whalehead Club
  • Heated Sq Ft: 3176
  • L V T Date: 11/16/2017
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: 13
  • Waterfront Location: Oceanfront
  • Zoning: RES
  • Deed Book Pg Number: 26
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C3297
  • 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, Washer
  • Bedrooms: 4
  • Countertops: Laminate
  • Floor Coverings: Carpet, Vinyl
  • Foundation: Piling
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: Beamed Ceiling(s)
  • Partial Bathrooms: 2

Exterior Features

  • Exterior: Lap Siding, Wood
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 100
  • View: Ocean
  • Water Frontage: 100

Garage/Parking

  • Parking: Under

Utilities

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

Condo/Co-op/Association

  • Association Fee: Voluntary - Restrictive Covenants May Apply
  • Estimated Annual Fee: 100

Lot Info

  • Estimated Lot Sq Ft: 35000
  • Lot Description: Water Frontage
  • Lot Faces: E
  • Lot Size: 100x200
  • Lot Number: Lot 12
  • Deed Book: 1184

Rental Info

  • Est Annual Rental Income: 57255
  • Estimated Rental Performance: 0.0573
  • Lease Terms: Weekly
  • Rental Co: Kitty Hawk Rentals
  • Rental Cottage Name: Breakers
  • Rental Cottage Number: 0634
  • Rental Phone Number: 252-453-4141
  • Rental Turnover Day: Sunday

Building Info

  • Year Built: 1986

Tax Info

  • Year: 2017
  • Taxes: 7708

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2017
Closed on
Jan 17, 2018
Sold by
Wilbar Russell Susan Ellen and Kathleen S Wilbar Family Gener
Bought by
Tocci Matthew and Tocci Quynh Trang
Seller's Agent
Ilona Matteson
Beach Realty & Construction
Buyer's Agent
Matt Myatt
Keller Williams - Outer Banks
List Price
$1,025,000
Sold Price
$1,000,000
Premium/Discount to List
-$25,000
-2.44%
Current Estimated Value
$2,697,063

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,697,063
Avg. Annual Appreciation
13.68%
Original Mortgage
$500,000
Outstanding Balance
$281,118
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$2,415,945

Purchase Details

Closed on
Dec 8, 2011
Sold by
Wilbar Kathleen S and Russell Susan Ellen Wilbar
Bought by
Kathleen S Wilbar Family Generation Trus

Purchase Details

Closed on
Jul 16, 2008
Sold by
Wilbar Kathleen A
Bought by
Wilbar Kathleen S and Russell Susan Ellen Wilbar
Source: Public Records

Range of Values:

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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
Tocci Matthew $1,000,000 None Available
Kathleen S Wilbar Family Generation Trus -- None Available
Wilbar Kathleen S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tocci Matthew $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/02/2018 02/02/18 Sold $1,000,000 -2.4% $315 / Sq Ft
12/04/2017 12/04/17 Pending -- -- --
11/15/2017 11/15/17 For Sale $1,025,000 -- $323 / 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 $18,044 $2,104,200 $1,094,800 $1,009,400
2023 $18,028 $2,104,200 $1,094,800 $1,009,400
2022 $15,174 $2,104,200 $1,094,800 $1,009,400
2021 $14,837 $1,851,400 $833,000 $1,018,400
2020 $13,346 $1,851,400 $833,000 $1,018,400
2019 $10,115 $833,000 $833,000 $0
2018 $0 $1,135,000 $833,000 $302,000
2017 $7,708 $1,135,000 $833,000 $302,000
2016 $7,765 $1,135,000 $833,000 $302,000
2015 $7,763 $1,135,000 $833,000 $302,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 98491

Outer Banks Association of REALTORS®

APN: 115A-000-0012-0013