NOT LISTED FOR SALE

841 Lighthouse Dr Corolla, NC 27927

Estimated Value: $2,268,000 - $3,728,351

0.8 Acre
$3,731,444 Price per Acre
35,000 Sq Ft Lot

Last Sold March 17, 2017

Last sale price $1,100,000

Est. 173% increase in value since last sale

Current estimated payment $17,290/month

16 Days on Market

Highlights

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

About This Lot

As of March 2017

RARE OPPORTUNITY OCEANFRONT – 2 LOTS SIDE BY SIDE (see MLS 95016). $1,250,000 each. HIGH, STURDY VEGETATED LOTS AND DUNES ON A WIDE BEACH. 35,000 sq ft (exact square footage size to be confirmed by survey not provided by seller). THERE ARE ONLY 10 OCEANFRONT LOTS NOT DEVELOPED IN WHALEHEAD–THESE ARE THE PRIME TWO SIDE BY SIDE! Lighthouse Drive was just recently paved. Take a look at the other Oceanfront homes in Whalehead, imagine yours being built. Whalehead Oceanfront is one of the most popular areas for rentals…Call your builder to start planning your Oceanfront beach house today!!

Last Agent to Sell the Property

Joanne Kepler

Beach Realty & Construction- Corolla License #190335 Listed on: 01/31/2017

Last Buyer's Agent

Martha Springer

Twiddy and Company - Corolla License #135162

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,998

Lot Details

  • 0.8 Acre Lot
  • Beach Front

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

$3,998

Lot Details

0

Listing Details

  • Class: LOTS/LAND
  • Flood Zone: VE
  • Subdivision Name: Whalehead Club
  • L V T Date: 01/31/2017
  • Roads: Public, Paved
  • Sale/Rent: For Sale
  • Section: 13
  • Waterfront Location: Oceanfront
  • Zoning: RES
  • Deed Book Pg Number: 267
  • Office License Number: C3297
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Ocean

Utilities

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

Lot Info

  • Estimated Lot Sq Ft: 35000
  • Lot Description: Beach Frontage
  • Deed Book: 1118
  • Unit/Lot Number: Lot 5

Tax Info

  • Year: 2017
  • Taxes: 3998.4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 22, 2017
Sold by
Shoreline Builders Inc
Bought by
Edsall Richard J and Edsall Leslie L
Current Estimated Value
$2,998,176

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,137,000
Outstanding Balance
$946,523
Interest Rate
4.05%
Mortgage Type
Construction
Estimated Equity
$2,051,653

Purchase Details

Listed on
Jan 31, 2017
Closed on
Mar 17, 2017
Sold by
Suntrust Bank
Bought by
Shoreline Builders Inc
Seller's Agent
Joanne Kepler
Beach Realty & Construction- Corolla
Buyer's Agent
Martha Springer
Twiddy and Company - Corolla
List Price
$1,250,000
Sold Price
$1,100,000
Premium/Discount to List
-$150,000
-12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.34%

Purchase Details

Closed on
Feb 22, 2010
Sold by
Spear Patricia L and Spear Curtis V
Bought by
Spear Curtis and The Curtis V Spear Jr Revocable Living T
Source: Public Records

Range of Values:

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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
Edsall Richard J $1,300,000 Attorney
Shoreline Builders Inc $1,100,000 Attorney
Spear Curtis -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Edsall Richard J $1,137,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/17/2017 03/17/17 Sold $1,100,000 -12.0% --
02/16/2017 02/16/17 Pending -- -- --
01/31/2017 01/31/17 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
2024 $19,165 $2,235,300 $1,094,800 $1,140,500
2023 $19,149 $2,235,300 $1,094,800 $1,140,500
2022 $16,116 $2,235,300 $1,094,800 $1,140,500
2021 $16,101 $1,876,400 $833,000 $1,043,400
2020 $13,866 $1,876,400 $833,000 $1,043,400
2019 $13,866 $1,766,800 $833,000 $933,800
2018 $12,726 $833,000 $833,000 $0
2017 $5,456 $833,000 $833,000 $0
2016 $5,498 $833,000 $833,000 $0
2015 $5,498 $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: 95017

Outer Banks Association of REALTORS®

APN: 115A-000-0005-0013