NOT LISTED FOR SALE

852 Lighthouse Dr Corolla, NC 27927

Estimated Value: $1,116,000 - $1,722,000

8 Beds
6.5 Baths
4,399 Sq Ft
$345/Sq Ft Est. Value

Last Sold November 21, 2022

Last sale price $1,530,000 $348 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $8,606/month

40 Days on Market

Highlights

  • Ocean Front
  • Concrete Pool
  • Coastal Architecture
  • Beach Access
  • Second Refrigerator
  • Cathedral Ceiling

About This Home

As of November 2022

Beautiful semi ocean front rental machine just 2 houses away from beach access!! Rental income could be much higher! Owners take (3) July weeks and (3) Sept. weeks for personal use. $72,000 in rent already reserved for 2023. House was built in 1987 two lots to the North and moved in 2005 to current location. When moved, the first floor and pool were added - so the age of those 2 areas are from 2005. Large house with separate gathering areas on each floor. Large, open concept Great Room with beautiful architecture and great ocean views. House has TONS of extras - kitchen has 2 dishwashers, large built in sub zero refrigerator, wine cooler and brand new ice maker. Beautiful large master suite with separate vanities and huge walk in closet. Middle floor has a large den that is a great place for the kids to watch movies, and ground floor has a large rec. room with pool table and wet bar with full size fridge and separate laundry room. Combine all of this with 8 bedrooms, 6.5 bathrooms, lots of decks, a very large heated pool, BRAND NEW hot tub, sand volleyball court, amazing ocean views and you will have everything you could ever want + more!! Owners are constantly working on the house - below is a brief list of improvements done in the last 10 years. 2010 - New kitchen (cabinets, countertops, backsplash, sink, beverage fridge and ice maker) 2011-2012 - New windows, new HVAC top floor 2014 - New roof 2016 - new decks 2017 - painted interior, new heat pump 2018 - painted exterior 2019 - Pool table refelted, fireplaces repaired, floors refinished, water heater replaced, replaced more windows 2020 - new main level couches, new Polywood outdoor furniture 2021 - new HVAC on second floor 2022 - new hot tub, new top level Anderson door and 2 stationary doors (East Facing) new under counter ice maker, new HVAC on bottom floor, new faucets, new closet doors. Act fast!

Last Agent to Sell the Property

Leslie Hornfeck

Leslie's Vacation Rentals License #225380 Listed on: 08/24/2022

Last Buyer's Agent

Martha Springer

Twiddy and Company - Corolla License #135162

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,521

Year Built

  • Built in 1987

Lot Details

  • 0.46 Acre Lot
  • Ocean Front

HOA Fees

  • $4 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Reverse Style Home
  • Slab Foundation
  • Asphalt Shingled Roof
  • Cement Board or Planked

Interior Spaces

  • 4,399 Sq Ft Home
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • Bay Window
  • Entrance Foyer
  • Game Room
  • Utility Room
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Built-In Range
  • Microwave
  • Second Refrigerator
  • Ice Maker
  • Second Dishwasher
  • Wine Cooler
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Walk-In Closet
  • Whirlpool Bathtub
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Paved Parking
  • Off-Street Parking

Pool

  • Concrete Pool
  • Heated In Ground Pool
  • Outdoor Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Beach Access
  • Covered Deck
  • Patio
  • Exterior Lighting

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Municipal Utilities District Water
  • Fuel Tank
  • Private or Community Septic Tank

Community Details

  • Lee Foreman Association
  • Built by Stormont - when moved in 2005
  • Whalehead Club Subdivision

Listing and Financial Details

  • Legal Lot and Block #115A / 2

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,521

Year Built

Built in 1987

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Directions: Right at Food Lion, left on lighthouse, house is several blocks down on the left.
  • Extras: Beach Access, Ceiling Fan(s), Common Laundry Area, Covered Decks, Hot Tub, Jet Tub, Outside Lighting, Outside Shower, Patio, Smoke Detector(s), Whirlpool/Spa, Inside Laundry Room
  • Flood Zone: X
  • Subdivision Name: Whalehead
  • Headline: Beautiful Semi Oceanfront
  • Heated Sq Ft: 4399
  • Roads: Paved
  • Sale/Rent: For Sale
  • Tract: 110101
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: Res
  • Advertised Income 2021: 91755
  • Advertised Income 2022: 99498
  • Deed Book Pg Number: 393
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C19295
  • Outer Banks Software: Yes
  • Short Term Rental Restrictions: No
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Countertop Range, Disposal, Dishwasher, Dryer, Ice Machine, Microwave, Refrigerator, Refrigerator w/Ice Maker, Wall Oven, Washer, 2nd Dishwasher, 2nd Refrigerator, Wine Cooler
  • Bedrooms: 8
  • Countertops: Granite
  • Electronic Locks: Owned
  • Floor Coverings: Carpet, Ceramic Tile, Wood
  • Foundation: Slab
  • Full Bathrooms: 6
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Bay/Bow Window, Cathedral Ceiling(s), Dryer Connection, Ice Maker Connection, Walk in Closet, Washer Connection, Wet Bar
  • Optional Rooms: Breakfast Nook, Foyer, Game Room, Utility Room
  • Partial Bathrooms: 1

Exterior Features

  • Homebuilder: Stormont - when moved in 2005
  • Construction: Wood
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Concrete, Heated, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Parking: Paved, Off Street

Utilities

  • Cooling: Central, Zoned
  • Heating: Central, Zoned
  • Fuel Tanks: Leased
  • Sewer/Septic System: Private Septic
  • Water: Municipal

Condo/Co-op/Association

  • Association Fee: Voluntary - Restrictive Covenants May Apply
  • Estimated Annual Fee: 45
  • Hoa Contact: Lee Foreman
  • HOA Contact: spoa.org/contact-us
  • Home Owner Dwelling Insurance: 6958

Lot Info

  • Estimated Lot Sq Ft: 20038
  • Lot Faces: E
  • Lot Number: Lot #115A
  • Estimated Lot Size: 0.46
  • Deed Book: 1284

Rental Info

  • Flood Expenses: 858
  • Poolspa Expense: 4944
  • Rental Co: Leslie Vacation Rentals
  • Rental Cottage Name: Beach Breeze
  • Rental Cottage Number: WH-1
  • Rental Phone Number: 252-441-6816
  • Rental Turnover Day: Saturday
  • Yearly Expense Actual Estimate: Actual
  • Annual Cable TV Expense: 2848
  • Annual Electric: 5522
  • Annual Water Expense: 1708
  • Rental Contact Email: rentals@lesliesvacationrentals.com
  • Rental Contact Name: Rental manager is same as listing agent.
  • Rental Contact Phone: 252-441-6816

Building Info

  • Year Built: 1987

Tax Info

  • Year: 2022
  • Taxes: 6520.71

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2022
Closed on
Nov 7, 2022
Sold by
Schoenfeld Ryan Brad and Schoenfeld Kirsten Marie
Bought by
Jadhav Gopinatr R
Seller's Agent
Leslie Hornfeck
Leslie's Vacation Rentals
Buyer's Agent
Martha Springer
Twiddy and Company - Corolla
List Price
$1,595,000
Sold Price
$1,530,000
Premium/Discount to List
-$65,000
-4.08%
Current Estimated Value
$1,515,910

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,090
Avg. Annual Appreciation
-0.30%
Original Mortgage
$650,000
Outstanding Balance
$628,492
Interest Rate
6.94%
Mortgage Type
Balloon
Estimated Equity
$887,418

Purchase Details

Closed on
Mar 24, 2014
Sold by
Schoenfeld Ryan Brad
Bought by
Schoenfeld Ryan Brad and Schoenfeld Kirsten Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$941,600
Interest Rate
4.36%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jadhav Gopinatr R $8,680,000 --
Jadhav Gopinatr R $8,680,000 --
Schoenfeld Ryan Brad -- None Available
Schoenfeld Ryan Brad -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jadhav Gopinatr R $650,000
Previous Owner Schoenfeld Ryan Brad $941,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/21/2022 11/21/22 Sold $1,530,000 -4.1% $348 / Sq Ft
10/03/2022 10/03/22 Pending -- -- --
08/24/2022 08/24/22 For Sale $1,595,000 -- $363 / 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 $7,908 $886,700 $400,000 $486,700
2024 $7,892 $886,700 $400,000 $486,700
2023 $7,892 $886,700 $400,000 $486,700
2022 $6,521 $886,700 $400,000 $486,700
2021 $6,506 $756,900 $330,000 $426,900
2020 $5,626 $756,900 $330,000 $426,900
2019 $5,567 $748,800 $330,000 $418,800
2018 $5,567 $748,800 $330,000 $418,800
2017 $5,173 $748,800 $330,000 $418,800
2016 $5,211 $748,800 $330,000 $418,800
2015 $5,209 $748,800 $330,000 $418,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 120150

Outer Banks Association of REALTORS®

APN: 115A-000-0015-0012