NOT LISTED FOR SALE

838 Lighthouse Dr Corolla, NC 27927

Estimated Value: $1,819,000 - $2,207,000

9 Beds
10 Baths
5,505 Sq Ft
$366/Sq Ft Est. Value

Last Sold September 08, 2022

Last sale price $1,858,000 $338 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $11,299/month

8 Days on Market

Highlights

  • Community Beach Access
  • Cabana
  • Second Refrigerator
  • Ocean Front
  • Rooftop Deck
  • Coastal Architecture

About This Home

As of September 2022

Please submit offers by Sunday July 24 at 4 pm. Parrots in Paradise is the perfect place for a plethora of your favorite people to come perch and play together peacefully in a picturesque palace! This home is on track to achieve over $200,000 in rental income for 2022 after earning $192,249 in 2021. You will love the generous spaces throughout the home—it feels large and gracious! You will love the fun island décor and more: Ocean Views ** Elevator ** Heated Pool ** 3 Story Pool Cabana** Incredible Decks ** Large Game room with Pool Table and Wet Bar ** Accessibility Features ** Beautiful and Practical Flooring ** Cathedral Ceiling with Beams ** Large Kitchen ** Large Suites with Kings ** Bunk Room on Mid level ** No Carpet ** Hot Tub with Ocean Views ** Landscaped ** Large Fenced Yard. Hurry!

Last Agent to Sell the Property

Gray Berryman

Carolina Designs Realty License #214315 Listed on: 07/16/2022

Last Buyer's Agent

Matt Preston

Twiddy and Company - Corolla License #288364

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,238

Year Built

  • Built in 2004

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 100 x 200
  • Ocean Front
  • Fenced Yard
  • Landscaped
  • Sprinkler System

Home Design

  • Coastal Architecture
  • Reverse Style Home
  • Slab Foundation
  • Asphalt Shingled Roof
  • Shake Siding
  • Stone Exterior Construction
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 5,505 Sq Ft Home
  • Elevator
  • Wet Bar
  • Furnished
  • Beamed Ceilings
  • Cathedral Ceiling
  • Gas Fireplace
  • Window Treatments
  • Game Room
  • Ocean Views

Kitchen

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

Flooring

  • Wood
  • Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 9 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Paved Parking
  • Off-Street Parking

Accessible Home Design

  • Handicap Accessible

Pool

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

Outdoor Features

  • Sun Deck
  • Rooftop 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 21

Community Details

Overview

  • Property has a Home Owners Association
  • Whalehead Property Owners Asso Association
  • Whalehead Club Subdivision

Recreation

  • Community Boardwalk
  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,238

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Directions: Turn onto Duck Rd heading north. Continue on for about 12 miles then after you pass the Food Lion shopping center, turn right onto Dolphin Street, then take the third left onto Lighthouse Drive. It's the eighth house on the left.
  • Extras: Beach Access, Boardwalk to Beach, Cabana, Common Laundry Area, Covered Decks, Elevator, Fenced Yard, Handicap Friendly, Hot Tub, Landscaped, Lawn Sprinklers, Outside Shower, Sun Deck, Roof Top Deck, Dry Entry, Inside Laundry Room
  • Flood Zone: X
  • Headline: Parrots in Paradise!
  • Heated Sq Ft: 5505
  • L V T Date: 07/16/2022
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: 13
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: RES
  • Advertised Income 2021: 192249
  • Deed Book Pg Number: 92
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C6124
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Countertop Range, Dishwasher, Dryer, Microwave, Refrigerator w/Ice Maker, Wall Oven, Washer, 2nd Dishwasher, 2nd Refrigerator
  • Bedrooms: 9
  • Countertops: Granite
  • Floor Coverings: Tile, Wood, Luxury Vinyl Plank
  • Foundation: Piling, Slab
  • Full Bathrooms: 8
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Beamed Ceiling(s), Cathedral Ceiling(s), Gas Fireplace, Ensuite, Wet Bar, 1st Flr Ensuite
  • Optional Rooms: Game Room, Office, Shipswatch
  • Partial Bathrooms: 2

Exterior Features

  • Exterior: Shakes, Stone, Cement Fiber Board
  • Pool: Yes
  • Pool: Private
  • Pool Type: In Ground, Fiberglass, Heated, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Parking: Paved, Off Street

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Ocean Access
  • Association Fee: Voluntary - Restrictive Covenants May Apply
  • Hoa Contact: Whalehead Property Owners Asso
  • HOA Contact: https://wpoa.org/

Lot Info

  • Estimated Lot Sq Ft: 20000
  • Lot Size: 100 x 200
  • Lot Number: Lot 21
  • Estimated Lot Size: 0.46
  • Deed Book: 1233

Rental Info

  • Est Annual Rental Income: 192249
  • Estimated Rental Performance: 0.1035
  • Lease Terms: Variable, Weekly
  • Rental Co: Vacasa - North
  • Rental Cottage Name: Parrots in Paradise
  • Rental Cottage Number: 481
  • Rental Turnover Day: Saturday
  • Rental Contact Email: phyllis.cole@vacasa.com
  • Rental Contact Name: Phyllis Cole
  • Rental Contact Phone: 252-202-2793

Building Info

  • Year Built: 2004

Tax Info

  • Year: 2021
  • Taxes: 8238.44

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2022
Closed on
Aug 31, 2022
Sold by
Richlynn Properties Llc
Bought by
Two Stewards Llc
Seller's Agent
Gray Berryman
Carolina Designs Realty
Buyer's Agent
Matt Preston
Twiddy and Company - Corolla
List Price
$1,900,000
Sold Price
$1,858,000
Premium/Discount to List
-$42,000
-2.21%
Current Estimated Value
$2,015,088

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,088
Avg. Annual Appreciation
2.43%
Original Mortgage
$1,300,600
Outstanding Balance
$1,237,848
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$777,240

Purchase Details

Closed on
Nov 20, 2012
Sold by
Richlynn Properties Llc Coastal Obx Prop
Bought by
Richlynn Properties 838 Lighthouse Dr Ll

Purchase Details

Closed on
Apr 20, 2012
Sold by
Bozard Richard and Bozard Kathy Lynn
Bought by
Richlynn Properties Llc Coastal Obx Prop

Purchase Details

Closed on
Feb 17, 2009
Sold by
Englund John R and Englund Rose M
Bought by
Bozard Richard F and Bozard Kathy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.29%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Two Stewards Llc $1,858,000 --
Richlynn Properties 838 Lighthouse Dr Ll -- None Available
Richlynn Properties Llc Coastal Obx Prop -- None Available
Bozard Richard F $1,300,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Two Stewards Llc $1,300,600
Previous Owner Bozard Richard F $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/08/2022 09/08/22 Sold $1,858,000 -2.2% $338 / Sq Ft
07/24/2022 07/24/22 Pending -- -- --
07/16/2022 07/16/22 For Sale $1,900,000 -- $345 / 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 $10,402 $1,178,200 $400,000 $778,200
2024 $10,402 $1,178,200 $400,000 $778,200
2023 $10,386 $1,129,100 $400,000 $729,100
2022 $8,221 $1,129,100 $400,000 $729,100
2021 $8,238 $1,056,400 $330,000 $726,400
2020 $7,815 $1,056,400 $330,000 $726,400
2019 $7,815 $1,056,400 $330,000 $726,400
2018 $7,820 $1,056,400 $330,000 $726,400
2017 $7,282 $1,056,400 $330,000 $726,400
2016 $7,322 $1,056,400 $330,000 $726,400
2015 $7,347 $1,056,400 $330,000 $726,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 119712

Outer Banks Association of REALTORS®

APN: 115A-000-0021-0013