NOT LISTED FOR SALE

853 Lighthouse Dr Corolla, NC 27927

Estimated Value: $2,927,000 - $3,531,672

12 Beds
14.5 Baths
7,123 Sq Ft
$442/Sq Ft Est. Value

Last Sold March 17, 2021

Last sale price $2,200,000 $309 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $18,005/month

97 Days on Market

Highlights

  • Ocean Front
  • Home Theater
  • 0.8 Acre Lot
  • Beach Access
  • Heated In Ground Pool
  • Second Refrigerator

About This Home

As of March 2021

12 Bedroom Oceanfront Rental Machine! Custom built by original owners. X Flood Zone! Sunrise Surprise offers 12 master bedrooms, beautiful large kitchen, gorgeous living room with spectacular ocean views! Gameroom, media room, kitchenette to service ground floor & pool fun. Large pool and 2 hot tubs located on the oceanside. There is a space for everyone in this 7,123 sq ft home.....from the loft to the expansive decks there is a place for everyone to escape and recharge. Floor plans available in associated docs. Hot Tub new in 2019. Also, exterior compressors to heat pumps new in 2018.

Last Agent to Sell the Property

Liz Holterhaus

Keller Williams Town Center License #219965 Listed on: 07/24/2020

Keller Williams Town Center

Last Buyer's Agent

Melanie Day

Landmark Sotheby's Internation License #219374

Landmark Sotheby's Internation

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,814

Year Built

  • Built in 2005

Lot Details

  • 0.8 Acre Lot
  • Ocean Front
  • Level Lot

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

  • 7,123 Sq Ft Home
  • Elevator
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Entrance Foyer
  • Home Theater
  • Loft
  • Game Room
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Second Refrigerator
  • Ice Maker
  • Second Dishwasher
  • Wine Cooler
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 12 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Parking

  • Tuck Under Parking
  • Paved Parking
  • Off-Street Parking

Pool

  • Heated In Ground Pool
  • Outdoor Pool
  • Spa

Outdoor Features

  • Beach Access
  • Sun Deck

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 11

Community Details

Overview

  • Built by W. A. Smith
  • Whalehead Club Subdivision

Recreation

  • Community Boardwalk

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,814

Year Built

Built in 2005

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Directions: East on Albacore St, Turn Left onto Lighthouse Dr....pass Marlin St and second house on the right.
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Elevator, Hot Tub, Jet Tub, Smoke Detector(s), Sun Deck, Dry Entry
  • Flood Zone: X
  • Subdivision Name: Whalehead Club 115/A
  • Headline: 12% ROI 2019 Owner Income
  • Heated Sq Ft: 7123
  • L V T Date: 07/24/2020
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: 12
  • Waterfront Location: Oceanfront
  • Zoning: Res
  • Advertised Income 2020: 263323
  • Advertised Income 2021: 156478
  • Deed Book Pg Number: 428
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C30917
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer, 2nd Dishwasher, 2nd Refrigerator, Wine Cooler
  • Bedrooms: 12
  • Countertops: Granite
  • Floor Coverings: Carpet, Ceramic Tile, Wood
  • Foundation: Piling
  • Full Bathrooms: 14
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Walk in Closet, Washer Connection, 1st Flr Ensuite
  • Optional Rooms: Foyer, Game Room, Loft, Shipswatch, Media Room
  • Partial Bathrooms: 1

Exterior Features

  • Homebuilder: W. A. Smith
  • Construction: Frame, Wood
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Heated, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Garage: Carport
  • Parking: Paved, Off Street, Under

Utilities

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

Condo/Co-op/Association

  • Association Fee: Voluntary - Restrictive Covenants May Apply
  • Estimated Annual Fee: 50
  • Home Owner Dwelling Insurance: 9182

Lot Info

  • Estimated Lot Sq Ft: 34848
  • Lot Description: Level, Water Frontage
  • Lot Faces: E
  • Lot Size: 34848 sq ft
  • Lot Number: Lot 11
  • Estimated Lot Size: 0.80
  • Deed Book: 849

Rental Info

  • Est Annual Rental Income: 287018
  • Estimated Rental Performance: 0.1305
  • Flood Expenses: 797
  • Lease Terms: Weekly
  • Other Expenses: 1200
  • Other Insurance Expenses: 355
  • Poolspa Expense: 2625
  • Rental Co: Twiddy and Company
  • Rental Cottage Name: Sunrise Suprise
  • Rental Cottage Number: J10853
  • Rental Phone Number: (252)453-1100
  • Rental Turnover Day: Saturday
  • Annual Cable TV Expense: 1800
  • Annual Electric: 9980
  • Annual Water Expense: 2268
  • Rental Contact Email: owner@twiddy.com
  • Rental Contact Name: Jen Kavanaugh
  • Rental Contact Phone: (252)457-0489

Building Info

  • Year Built: 2005

Tax Info

  • Year: 2019
  • Taxes: 11813.94

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2020
Closed on
Feb 24, 2021
Sold by
R & R Nc Properties Llc
Bought by
Sipple-Asher Daniel I and Sipple-Asher Bessie K
Seller's Agent
Liz Holterhaus
Keller Williams Town Center
Buyer's Agent
Melanie Day
Landmark Sotheby's Internation
List Price
$2,375,000
Sold Price
$2,200,000
Premium/Discount to List
-$175,000
-7.37%
Current Estimated Value
$3,148,668

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$948,668
Avg. Annual Appreciation
7.77%
Original Mortgage
$1,172,993
Outstanding Balance
$1,044,314
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$2,104,354

Purchase Details

Closed on
Mar 11, 2005
Sold by
Rogers Phillip and Wolfe Bari Jane
Bought by
R&R Nc Properteis Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,250,000
Interest Rate
5.63%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 10, 2005
Sold by
Schuller Richard G and Schuller Jean L
Bought by
Rogers Phillip and Wolfe Bari Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,250,000
Interest Rate
5.63%
Mortgage Type
Construction
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
Sipple-Asher Daniel I $22,000 None Listed On Document
R&R Nc Properteis Llc -- None Available
Rogers Phillip $8,750,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sipple-Asher Daniel I $1,172,993
Previous Owner Rogers Phillip $3,250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/17/2021 03/17/21 Sold $2,200,000 -3.3% $309 / Sq Ft
10/29/2020 10/29/20 Pending -- -- --
10/17/2020 10/17/20 Price Changed $2,275,000 -4.2% $319 / Sq Ft
07/24/2020 07/24/20 For Sale $2,375,000 -- $333 / 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 $18,043 $2,099,300 $1,094,800 $1,004,500
2024 $18,043 $2,099,300 $1,094,800 $1,004,500
2023 $18,027 $2,099,300 $1,094,800 $1,004,500
2022 $15,173 $2,099,300 $1,094,800 $1,004,500
2021 $15,158 $1,595,500 $833,000 $762,500
2020 $11,814 $1,595,500 $833,000 $762,500
2019 $11,787 $1,595,500 $833,000 $762,500
2018 $11,787 $1,595,500 $833,000 $762,500
2017 $11,175 $1,595,500 $833,000 $762,500
2016 $11,057 $1,595,500 $833,000 $762,500
2015 $11,257 $1,595,500 $833,000 $762,500
Source: Public Records

Agents Affiliated with this Home

  • Liz Holterhaus

    Seller's Agent in 2021

    Liz Holterhaus

    Keller Williams Town Center

    (252) 202-2156

    6 in this area

    103 Total Sales

    Liz Holterhaus
    Section Image
  • Melanie Day

    Buyer's Agent in 2021

    Melanie Day

    Landmark Sotheby's Internation

    (252) 207-6138

    67 in this area

    214 Total Sales

    Melanie Day
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 110243

Outer Banks Association of REALTORS®

APN: 115A-000-0011-0012

North Carolina Currituck County Corolla 27927

853 Lighthouse Dr, Corolla, NC

Not Listed for Sale

Detached

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