NOT LISTED FOR SALE

842 Lighthouse Dr Corolla, NC 27927

Estimated Value: $2,195,000 - $2,625,742

0.46 Acre
$5,275,654 Price per Acre
20,000 Sq Ft Lot

Last Sold August 28, 2013

Last sale price $387,500

Est. 525% increase in value since last sale

Current estimated payment $13,716/month

359 Days on Market

About This Lot

As of August 2013

WOW A SEMI OCEAN FRONT BUILDING SITE 300 FEET TO OCEAN ACCESS CHECK OUT THE PICTURES. SAME OWNER SINCE 1972. COME AND EXPLORE THE POTENTIAL OF THIS LOT. TAX VALUE IS $850,000." LIFE IS BETTER AT THE BEACH." **** THIS IS AN AE FLOOD ZONE ******

Last Agent to Sell the Property

David Hoare

SAGA Realty and Construction License #169514 Listed on: 08/28/2012

Last Buyer's Agent

Heather McLay

Landmark Sotheby's Internation License #188982

Landmark Sotheby's Internation

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,612

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 100 x 200
  • Ocean Front
  • Cleared Lot

Property Views

  • Ocean Views

Utilities

  • Municipal Utilities District Water
  • Private or Community Septic Tank

Community Details

Overview

  • Whalehead Club Subdivision

Recreation

  • Community Boardwalk
  • Community Beach Access

Property Details

Property Type

Land

Est. Annual Taxes

$3,612

Lot Details

0

Listing Details

  • Class: LOTS/LAND
  • Directions: North on 12 to Corolla to Food Lion and Past Ace Hardware, turn Rt on Dolphin to Ocean Lft. to #842
  • Subdivision Name: Whalehead Club
  • Headline: SEMI OCEAN FRONT LOT
  • Roads: Public, Paved
  • Sale/Rent: For Sale
  • Section: 13
  • Tract: Whalehead
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: Res
  • Deed Book Pg Number: 169
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Street Frontage: 100
  • View: Ocean

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Ocean Access, Boardwalk to Beach

Lot Info

  • Estimated Lot Sq Ft: 20000
  • Lot Description: Cleared
  • Lot Faces: E
  • Lot Size: 100 X 200
  • Deed Book: 425
  • Unit/Lot Number: Lot #23

Tax Info

  • Year: 2012
  • Taxes: 3612.5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 27, 2021
Sold by
Richardson Robert H and Richardson Laura R
Bought by
Duarte John M and Duarte Deborah L
Current Estimated Value
$2,422,247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Outstanding Balance
$389,628
Interest Rate
2.2%
Mortgage Type
New Conventional
Estimated Equity
$2,032,619

Purchase Details

Listed on
Aug 28, 2012
Closed on
Aug 28, 2013
Sold by
Bonczek Robert and Bonczek Constance Hughes
Bought by
Richardson Robert H and Richardson Laura R
Seller's Agent
David Hoare
SAGA Realty and Construction
Buyer's Agent
Heather McLay
Landmark Sotheby's Internation
List Price
$450,000
Sold Price
$387,500
Premium/Discount to List
-$62,500
-13.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.21%
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
Duarte John M $2,100,000 None Available
Richardson Robert H $387,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Duarte John M $520,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2013 08/28/13 Sold $387,500 -13.9% --
08/22/2013 08/22/13 Pending -- -- --
08/28/2012 08/28/12 For Sale $450,000 -- --
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 $12,438 $1,284,100 $400,000 $884,100
2023 $11,329 $1,284,100 $400,000 $884,100
2022 $9,552 $1,284,100 $400,000 $884,100
2021 $9,507 $1,063,100 $330,000 $733,100
2020 $8,023 $1,063,100 $330,000 $733,100
2019 $8,023 $1,063,100 $330,000 $733,100
2018 $0 $1,063,100 $330,000 $733,100
2017 $7,453 $1,063,100 $330,000 $733,100
2016 $7,508 $1,063,100 $330,000 $733,100
2015 $7,508 $1,063,400 $330,000 $733,400
Source: Public Records

Agents Affiliated with this Home

  • David Hoare

    Seller's Agent in 2013

    David Hoare

    SAGA Realty and Construction

    (252) 207-2336

    17 in this area

    42 Total Sales

    David Hoare
    Section Image
  • Heather McLay

    Buyer's Agent in 2013

    Heather McLay

    Landmark Sotheby's Internation

    (252) 202-3409

    69 in this area

    163 Total Sales

    Heather McLay
    Section Image
  • Edith Rowe

    Buyer Co-Listing Agent in 2013

    Edith Rowe

    Brindley Beach Vacations & Sales-Duck

    (252) 202-6165

    65 in this area

    205 Total Sales

    Edith Rowe
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 76079

Outer Banks Association of REALTORS®

APN: 115A-000-0023-0013

North Carolina Currituck County Corolla 27927

842 Lighthouse Dr, Corolla, NC

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