NOT LISTED FOR SALE

833 Lighthouse Dr Corolla, NC 27927

Estimated Value: $3,110,000 - $4,170,000

12 Beds
16 Baths
5,960 Sq Ft
$599/Sq Ft Est. Value

Last Sold March 11, 2021

Last sale price $2,569,000 $431 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $20,284/month

597 Days on Market

Highlights

  • Beach Front
  • Home Theater
  • Second Refrigerator
  • Ocean View
  • In Ground Pool
  • Coastal Architecture

About This Home

As of March 2021

Offering sweeping ocean views of the Atlantic and a catalog of amenities, this is an Investment Opportunity you don't want to miss! This oceanfront vacation venue was thoughtfully designed to accommodate large groups with twelve bedrooms (all master suites) and phenomenal ocean views found on both the second and third story! The top floors surrounding windows, gorgeous hardwood floors, and open floor plan are ideal for hosting a large family or reunion with two master bedrooms; a kitchen with granite counter tops, two refrigerators, dishwashers & ovens; three dining areas, great room, and half bath. On the second floor you will find six master bedrooms, one of two laundry rooms, a spacious den with full bath, and a half bath. Take the elevator down to the first floor where you have the convenience of a dry tiled entry, four master bedrooms, a theater room with projector and surround sound, game room with pool table & wet bar, second laundry room, half bath, outdoor dining area, gated private pool, over-sized hot tub, private dune deck, and walkway to the beach. Conveniently located in the Whalehead Community & walking distance to some of Corolla's best shopping & dining!

Last Agent to Sell the Property

Hunter Davis

Twiddy and Company - Corolla License #301647 Listed on: 06/06/2019

Co-Listed By

Martha Springer

Twiddy and Company - Corolla License #135162

Last Buyer's Agent

Ray Meiggs

Twiddy and Co. - Duck License #290422

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,726

Year Built

  • Built in 2005

Lot Details

  • Beach Front
  • Fenced Yard
  • Landscaped

HOA Fees

  • $5 Monthly HOA Fees

Parking

  • Paved Parking

Home Design

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

Interior Spaces

  • 5,960 Sq Ft Home
  • Elevator
  • Wet Bar
  • Furnished
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Home Theater
  • Game Room
  • Ocean Views

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Microwave
  • Second Refrigerator
  • Ice Maker
  • Second Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 12 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

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

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Exterior Lighting

Utilities

  • Heat Pump System
  • Municipal Utilities District Water
  • Private or Community Septic Tank

Listing and Financial Details

  • Tax Lot #9

Community Details

Overview

  • Whalehead Homeowners Assoc Association
  • Built by Olin Finch
  • Whalehead Club Subdivision

Recreation

  • Community Boardwalk

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,726

Year Built

Built in 2005

Lot Details

0

HOA Fees

$5 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary, Coastal
  • Directions: Head north to Corolla on NC Rt. 12, east on Albacore St, north on Lighthouse Dr. Home will be on your right.
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Common Laundry Area, Covered Decks, Elevator, Fenced Yard, Hot Tub, Landscaped, Outside Lighting, Outside Shower, Sun Deck, Dry Entry, Inside Laundry Room
  • Flood Zone: X
  • Headline: Oceanfront Investment!
  • Heated Sq Ft: 5960
  • L V T Date: 06/06/2019
  • Roads: Paved
  • Sale/Rent: For Sale
  • Section: 13
  • Waterfront Location: Oceanfront
  • Zoning: Res
  • Advertised Income 2020: 278640
  • Advertised Income 2021: 263422
  • Deed Book Pg Number: 311
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C4556
  • 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, Refrigerator, Refrigerator w/Ice Maker, Wall Oven, Washer, 2nd Dishwasher, 2nd Refrigerator
  • Bedrooms: 12
  • Countertops: Granite
  • Floor Coverings: Carpet, Tile, Hardwood
  • Foundation: Piling
  • Full Bathrooms: 13
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, Dryer Connection, Gas Connection, Gas Fireplace, Ensuite, Skylight, Washer Connection, Wet Bar
  • Optional Rooms: Breakfast Nook, Game Room, Home Theater
  • Partial Bathrooms: 3

Exterior Features

  • Homebuilder: Olin Finch
  • Construction: Frame, Wood
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Gunite, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Parking: Paved

Utilities

  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Sewer/Septic System: Private Septic
  • Water: Municipal

Condo/Co-op/Association

  • Association Fee: Yes
  • Estimated Annual Fee: 60
  • Hoa Contact: Whalehead Homeowners Assoc
  • HOA Contact: Contact list agent

Lot Info

  • Lot Description: Beach Frontage, Water Frontage
  • Lot Number: Lot#9
  • Deed Book: 935

Rental Info

  • Est Annual Rental Income: 278640
  • Estimated Rental Performance: 0.1085
  • Lease Terms: Weekly
  • Rental Co: Twiddy and Company
  • Rental Cottage Name: Groovy Dunes
  • Rental Cottage Number: J10833
  • Rental Phone Number: 252-457-1100
  • Rental Turnover Day: Sunday
  • Rental Contact Email: jkavanaugh@twiddy.com
  • Rental Contact Name: Jen Kavanaugh

Building Info

  • Year Built: 2005

Tax Info

  • Year: 2019
  • Taxes: 10725.99

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2019
Closed on
Feb 23, 2021
Sold by
Moriarty John M and Moriarty Anne
Bought by
Keifer Peter C and Keifer Lori M
Seller's Agent
Hunter Davis
Twiddy and Company - Corolla
Buyer's Agent
Ray Meiggs
Twiddy and Co. - Duck
List Price
$2,599,000
Sold Price
$2,569,000
Premium/Discount to List
-$30,000
-1.15%
Current Estimated Value
$3,568,728

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$999,728
Avg. Annual Appreciation
7.07%
Original Mortgage
$2,055,200
Outstanding Balance
$1,829,741
Interest Rate
2.7%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Estimated Equity
$1,738,987

Purchase Details

Listed on
Jun 6, 2019
Closed on
Feb 2, 2021
Sold by
Groovy Dunes Llc
Bought by
Moriarty John M and Moriarty Anne
Seller's Agent
Hunter Davis
Twiddy and Company - Corolla
Buyer's Agent
Ray Meiggs
Twiddy and Co. - Duck
List Price
$2,599,000
Sold Price
$2,569,000
Premium/Discount to List
-$30,000
-1.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,055,200
Outstanding Balance
$1,829,741
Interest Rate
2.7%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Estimated Equity
$1,738,987

Purchase Details

Closed on
Mar 25, 2006
Sold by
Moriarty John M and Moriarty Anne
Bought by
Groovy Dunes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
1.65%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Keifer Peter C $12,845,000 Sharp Starkey
Keifer Peter C $12,845,000 Sharp Starkey
Moriarty John M -- None Available
Moriarty John M -- Sharp Starkey
Groovy Dunes Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Keifer Peter C $2,055,200
Closed Keifer Peter C $2,055,200
Previous Owner Groovy Dunes Llc $2,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/11/2021 03/11/21 Sold $2,569,000 -1.2% $431 / Sq Ft
01/23/2021 01/23/21 Pending -- -- --
01/07/2021 01/07/21 For Sale $2,599,000 0.0% $436 / Sq Ft
11/25/2020 11/25/20 Pending -- -- --
10/29/2020 10/29/20 For Sale $2,599,000 0.0% $436 / Sq Ft
10/29/2020 10/29/20 Price Changed $2,599,000 +8.3% $436 / Sq Ft
09/11/2020 09/11/20 Pending -- -- --
02/22/2020 02/22/20 Price Changed $2,399,000 -4.0% $403 / Sq Ft
06/06/2019 06/06/19 For Sale $2,499,000 -- $419 / 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 $18,969 $2,213,700 $1,122,200 $1,091,500
2024 $18,969 $2,213,700 $1,122,200 $1,091,500
2023 $18,953 $2,213,700 $1,122,200 $1,091,500
2022 $15,951 $2,213,700 $1,122,200 $1,091,500
2021 $15,973 $1,451,400 $874,700 $576,700
2020 $10,726 $1,451,400 $874,700 $576,700
2019 $10,706 $1,451,400 $874,700 $576,700
2018 $10,706 $1,451,400 $874,700 $576,700
2017 $9,964 $1,451,400 $874,700 $576,700
2016 $10,039 $1,451,400 $874,700 $576,700
2015 $10,039 $1,451,400 $874,700 $576,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 105419

Outer Banks Association of REALTORS®

APN: 115A-000-0009-0013