NOT LISTED FOR SALE

845 Lighthouse Dr Corolla, NC 27927

Estimated Value: $3,109,000 - $3,663,000

10 Beds
12 Baths
5,498 Sq Ft
$593/Sq Ft Est. Value

Last Sold May 19, 2021

Last sale price $2,849,000 $518 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $18,441/month

3 Days on Market

Highlights

  • Beach Front
  • Home Theater
  • 0.8 Acre Lot
  • Ocean View
  • Fiberglass Pool
  • Second Refrigerator

About This Home

As of May 2021

Sensational ocean views, luxurious comfort, vast entertainment spaces, 10 inviting bedroom suites (8 en suites) and fun outdoor amenities. A prime oceanfront location, 4 King en suite bedrooms with ocean views, distinctive upgrades and fine furnishings create a MacDaddy waterfront estate for Outer Banks vacations. HVAC1 2020, HVAC2 2020, HVAC3 2021, exterior paint 2020, new hot water heater 2018, and all new smart tvs! The Whalehead community is known for its large home sites and wide, pristine shoreline. Nearby access to shopping, fine dining, casual eateries, historical venues like the Currituck Lighthouse and vast recreational opportunities. The rental income is off the chain~

Last Agent to Sell the Property

Stacey Baittinger

Landmark Sotheby's Internation License #204729 Listed on: 03/20/2021

Landmark Sotheby's Internation

Last Buyer's Agent

Matt Myatt

Keller Williams - Outer Banks License #218707

Keller Williams - Outer Banks

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,192

Year Built

  • Built in 2004

Lot Details

  • 0.8 Acre Lot
  • Lot Dimensions are 100 x 350
  • Beach Front
  • 100 Feet of Waterfront

HOA Fees

  • $4 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 5,498 Sq Ft Home
  • Elevator
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Gas Fireplace
  • Home Theater
  • Game Room
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Second Refrigerator
  • Ice Maker
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 10 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet

Parking

  • Paved Parking
  • Off-Street Parking

Accessible Home Design

  • Handicap Accessible

Pool

  • Fiberglass Pool
  • Outdoor Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Gazebo

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 3

Community Details

Overview

  • Whalehead Porperty Owners Asso Association
  • Whalehead Club Subdivision

Recreation

  • Community Boardwalk

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,192

Year Built

Built in 2004

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Directions: From Ocean Trail, turn right on Dolphin, left on Lighthouse Drive, home is on the right~
  • Extras: Beach Access, Boardwalk to Beach, Elevator, Gazebo, Handicap Friendly, Hot Tub, Outside Shower, Smoke Detector(s), Sun Deck
  • Headline: MacDaddy Oceanfront!
  • Heated Sq Ft: 5498
  • L V T Date: 03/20/2021
  • Roads: Public
  • Sale/Rent: For Sale
  • Section: 13
  • Waterfront Location: Oceanfront
  • Zoning: res
  • Advertised Income 2020: 239882
  • Advertised Income 2021: 295060
  • Deed Book Pg Number: 341
  • 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: Refrigerator w/Ice Maker, 2nd Refrigerator
  • Bedrooms: 10
  • Countertops: Granite
  • Floor Coverings: Carpet, Ceramic Tile, Hardwood
  • Foundation: Piling
  • Full Bathrooms: 9
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Gas Fireplace, Ensuite, Walk in Closet, Wet Bar, 1st Flr Ensuite
  • Optional Rooms: Game Room, Home Theater
  • Partial Bathrooms: 3

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, Fiberglass, Heated, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean
  • Water Frontage: 100

Garage/Parking

  • Parking: Paved, Off Street

Utilities

  • Cooling: Central, Heat Pump, Zoned
  • Heating: Central, Heat Pump, Zoned
  • Septic Fee: 200
  • Sewer/Septic System: Private Septic
  • Water: Municipal

Condo/Co-op/Association

  • Association Fee: Voluntary - Restrictive Covenants May Apply
  • Estimated Annual Fee: 45
  • Hoa Contact: Whalehead Porperty Owners Asso
  • HOA Contact: https://www.wpoa.org/
  • Home Owner Dwelling Insurance: 9118

Lot Info

  • Estimated Lot Sq Ft: 34848
  • Lot Description: Beach Frontage
  • Lot Faces: W
  • Lot Size: 100 x 350
  • Lot Number: Lot 3
  • Estimated Lot Size: 0.80
  • Deed Book: 1003

Rental Info

  • Est Annual Rental Income: 295060
  • Estimated Rental Performance: 0.1036
  • Flood Expenses: 3216
  • Maintenance Expenses: 7000
  • Other Expenses: 4100
  • Other Expenses2: 3900
  • Other Insurance Expenses: 2067
  • Poolspa Expense: 5600
  • Rental Co: Carolina Designs
  • Rental Cottage Name: MacDaddy
  • Rental Cottage Number: 673
  • Rental Phone Number: 252-261-3934
  • Rental Turnover Day: Saturday
  • Yearly Expense Actual Estimate: Actual
  • Annual Cable TV Expense: 3200
  • Annual Electric: 6000
  • Annual Telephone Expense: 1500
  • Annual Water Expense: 1700
  • Rental Contact Email: elaine.meadows@carolinadesigns.com
  • Rental Contact Name: Elaine Meadows
  • Rental Contact Phone: 252-261-3934

Building Info

  • Year Built: 2004

Tax Info

  • Year: 2020
  • Taxes: 10191.76

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2021
Closed on
May 5, 2021
Sold by
Kumpf Carl M and Kumpf Cristina M
Bought by
Giammalvo Gregory V and Giammalvo Karen
Seller's Agent
Stacey Baittinger
Landmark Sotheby's Internation
Buyer's Agent
Matt Myatt
Keller Williams - Outer Banks
List Price
$2,849,000
Sold Price
$2,849,000
Current Estimated Value
$3,258,185

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$409,185
Avg. Annual Appreciation
3.05%
Original Mortgage
$2,136,750
Outstanding Balance
$1,936,429
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$1,321,756

Purchase Details

Closed on
Apr 16, 2007
Sold by
B W I Llc
Bought by
Spring Christopher J and Spring Susan L
Source: Public Records

Range of Values:

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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
Giammalvo Gregory V $2,849,000 None Available
Spring Christopher J $2,950,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Giammalvo Gregory V $2,136,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/19/2021 05/19/21 Sold $2,849,000 0.0% $518 / Sq Ft
03/23/2021 03/23/21 Pending -- -- --
03/20/2021 03/20/21 For Sale $2,849,000 -- $518 / 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
2024 $15,590 $1,817,500 $1,094,800 $722,700
2023 $15,574 $1,764,100 $1,094,800 $669,300
2022 $12,731 $1,764,100 $1,094,800 $669,300
2021 $12,739 $1,377,400 $833,000 $544,400
2020 $10,192 $1,377,400 $833,000 $544,400
2019 $10,173 $1,377,400 $833,000 $544,400
2018 $10,173 $1,377,400 $833,000 $544,400
2017 $9,468 $1,377,400 $833,000 $544,400
2016 $9,538 $1,377,400 $833,000 $544,400
2015 $9,538 $1,377,400 $833,000 $544,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 113426

Outer Banks Association of REALTORS®

APN: 115A-000-0003-0013