NOT LISTED FOR SALE

844 Lighthouse Dr Corolla, NC 27927

Estimated Value: $1,238,000 - $1,313,397

6 Beds
5.5 Baths
3,212 Sq Ft
$400/Sq Ft Est. Value

Last Sold March 07, 2022

Last sale price $1,150,000 $358 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $7,278/month

Highlights

  • Ocean Front
  • Coastal Architecture
  • Furnished
  • In Ground Pool
  • Wood Flooring
  • Central Heating and Cooling System

About This Home

As of March 2022

Semi Oceanfront in popular Whalehead subdivision! Located only steps to the beautiful Corolla beach and close to shops and restaurants, this property's location is sure to please. Spacious layout with six bedrooms and five and a half baths, you'll have plenty of room for large groups allowing everyone to spread out in comfort. Offering ocean views from the kitchen, living room, dining room and one of the top-level en-suite bedrooms. Large pool with hot tub and tiki bar area, perfect for entertaining and enjoying the sunshine. Large kitchen has granite countertops and stainless steel appliance and the screen porch off kitchen is ideal for dining al fresco. Two en-suite bedrooms on top floor, nice size living area adjoining the dining and kitchen all offering views of the ocean! Plenty of seating in the living area which offers a wood burning fireplace for those winter nights at the beach. Half bath also located on top floor. Game room with pool table on ground floor, and outdoor shuffle board for extra fun! Outdoor showers, plenty of parking, and spacious decking, both sun and covered. Elevator shaft already in place so this home has much potential to increase rentals! Virtual tour coming soon!

Last Agent to Sell the Property

Heather McLay

Landmark Sotheby's Internation License #188982 Listed on: 01/23/2022

Landmark Sotheby's Internation

Co-Listed By

Crystal Swain

Twiddy and Company - Corolla License #321765

Last Buyer's Agent

Heather McLay

Landmark Sotheby's Internation License #188982 Listed on: 01/23/2022

Landmark Sotheby's Internation

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,441

Year Built

  • Built in 1994

Lot Details

  • Ocean Front
  • Level Lot

HOA Fees

  • $4 Monthly HOA Fees

Parking

  • Paved Parking

Home Design

  • Coastal Architecture
  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 3,212 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Wood Burning Fireplace
  • Window Treatments
  • Ocean Views
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Built-In Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms

Pool

  • In Ground Pool
  • Outdoor Pool
  • Spa

Outdoor Features

  • Sun Deck
  • Tiki or Chickee Hut

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District Water
  • Private or Community Septic Tank

Community Details

  • Whalehead Club Subdivision

Listing and Financial Details

  • Tax Lot 24

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,441

Year Built

Built in 1994

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Directions: Heading north on Rt 12 in Corolla turn right onto Dolphin St. Turn left on Lighthouse Drive and the house will be on the left.
  • Extras: Ceiling Fan(s), Hot Tub, Smoke Detector(s), Sun Deck, Tiki Bar
  • Headline: Semi Oceanfront!
  • Heated Sq Ft: 3212
  • L V T Date: 01/23/2022
  • Roads: Paved
  • Sale/Rent: For Sale
  • Section: 13
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: res
  • Deed Book Pg Number: 234
  • 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: Countertop Range, Dishwasher, Microwave, Refrigerator w/Ice Maker
  • Bedrooms: 6
  • Floor Coverings: Carpet, Tile, Wood
  • Foundation: Piling
  • Full Bathrooms: 5
  • Furnishings Available: Yes
  • Interior Amenities: Dryer Connection, Ice Maker Connection, Some Windows Treated, Washer Connection, Wood Fireplace
  • Partial Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: Carport
  • Parking: Paved

Utilities

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

Condo/Co-op/Association

  • Association Fee: Voluntary - Restrictive Covenants May Apply
  • Estimated Annual Fee: 50

Lot Info

  • Lot Description: Level
  • Lot Number: Lot 24
  • Deed Book: 741

Rental Info

  • Lease Terms: Weekly
  • Rental Co: Twiddy and Company
  • Rental Cottage Name: My Three Suns
  • Rental Cottage Number: J20844
  • Rental Phone Number: 252-475-1100
  • Rental Turnover Day: Saturday
  • Rental Contact Email: jkavanaugh@twiddy.com
  • Rental Contact Name: Jen Kavanaugh
  • Rental Contact Phone: 252-475-1100

Building Info

  • Year Built: 1994

Tax Info

  • Year: 2021
  • Taxes: 5441.22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2022
Closed on
Mar 2, 2022
Sold by
Halem Mitchell H and Halem Marjorie S
Bought by
Ande Shilpa Deshpande and Karanth-Rao Ragini
Seller's Agent
Heather McLay
OBX Homes
Buyer's Agent
Heather McLay
OBX Homes
List Price
$1,199,000
Sold Price
$1,150,000
Premium/Discount to List
-$49,000
-4.09%
Current Estimated Value
$1,283,599

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,599
Avg. Annual Appreciation
2.92%
Original Mortgage
$920,000
Outstanding Balance
$847,733
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$435,866

Purchase Details

Closed on
Jan 2, 2004
Bought by
Halem Mitchell H and Halem Marjorie S
Source: Public Records

Range of Values:

--
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
Ande Shilpa Deshpande $6,900,000 Rose Harrison Gilreath & Power
Ande Shilpa Deshpande $6,900,000 Rose Harrison Gilreath & Power
Halem Mitchell H $1,050,000 --
Halem Mitchell H $1,050,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ande Shilpa Deshpande $920,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/07/2022 03/07/22 Sold $1,150,000 -4.1% $358 / Sq Ft
01/23/2022 01/23/22 Pending -- -- --
01/23/2022 01/23/22 For Sale $1,199,000 -- $373 / 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 $6,589 $731,000 $400,000 $331,000
2024 $6,589 $731,000 $400,000 $331,000
2023 $6,573 $731,000 $400,000 $331,000
2022 $5,549 $731,000 $400,000 $331,000
2021 $5,441 $643,300 $330,000 $313,300
2020 $4,824 $643,300 $330,000 $313,300
2019 $4,826 $643,300 $330,000 $313,300
2018 $4,824 $643,300 $330,000 $313,300
2017 $4,481 $643,300 $330,000 $313,300
2016 $4,520 $643,300 $330,000 $313,300
2015 $4,520 $643,300 $330,000 $313,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 117380

Outer Banks Association of REALTORS®

APN: 115A-000-0024-0013