NOT LISTED FOR SALE

854 Lighthouse Dr Corolla, NC 27927

Estimated Value: $874,000 - $1,240,000

4 Beds
3 Baths
1,815 Sq Ft
$579/Sq Ft Est. Value

Last Sold April 12, 2013

Last sale price $602,000 $332 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $5,987/month

201 Days on Market

Highlights

  • Ocean Front
  • Cathedral Ceiling
  • Screened Porch
  • Cabana
  • Furnished
  • Fenced Yard

About This Home

As of April 2013

Pride of Ownership shines in this family-oriented home decorated in Carolina blue! Still owned by the original owner who built the beach house in 1985, this property has been meticulously maintained. The amenities begin outside with a lighted outdoor park setting (large landscaped side yard) with 2 charcoal grills, horseshoes, benches, and a basketball goal. The gated pool area has an outdoor shower, bathroom, indoor shower (2 outdoor showers total) & changing area, hot tub, shade cabana with fan, outdoor sound system, waterfall rock, fiber optic light system, handcrafted wooden chaise lounges & a pool deck with picnic table (made with custom wood from Africa and anchored into the pool deck) for cookouts. The 12x24 vinyl pool liner was just replaced in 2010! The interior has a spacious 4 bedroom design with 3 bedrooms on the mid level along with a den (with a futon sofa which sleeps an additional 2 for a total sleeping capacity of 12 if needed), which is the perfect escape for kids. The top level maximizes the Ocean Views with an open concept living/dining and kitchen area as well as a Master Bedroom, and there is beautiful Juniper paneling throughout the great room and dining area. The views are stunning, and you can also enjoy the Ocean View from the many decks complete with a porch swing, hammock and kid swing as well as custom built-in deck benches...there is a covered wrap-around deck on the mid level, a large wrap-around sun deck on the top level off the living room, as well as an Ocean View carpeted screened porch off the dining area complete with picnic table. Other recent upgrades/improvements include newer kitchen appliances and washer/dryer, newer top level furnishings, new windows (2001-2003) replaced with high inert gas and double panes, Sprinkler System (2001), Outdoor electrical system (2001), new carpet and kitchen flooring (2002), new hot water heater (2009), new ceiling fans (2009), new HVAC...one outside unit and both air handlers (around 2000), new roof (2002) replaced with 40lb. and 40 year hurricane shingles, Hurricane shutters (1992-1998), lighted flag pole, and newer decking and deck reinforcement. For additional storage, there are also 2 outside storage rooms. This is the Semi Oceanfront deal you have been waiting for!

Last Agent to Sell the Property

Heather Sakers

Coldwell Banker Seaside Realty KH License #255119 Listed on: 07/22/2012

Coldwell Banker Seaside Realty KH

Co-Listed By

Charles Gill

Coldwell Banker Seaside Realty KH License #273660

Last Buyer's Agent

Leslie Gilmore

Great Escapes Vacations & Sales License #198088

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,058

Year Built

  • Built in 1985

Lot Details

  • 0.46 Acre Lot
  • Ocean Front
  • Fenced Yard
  • Landscaped
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Piling Construction

Interior Spaces

  • 1,815 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • Screened Porch
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • Cabana
  • In Ground Pool
  • Spa
  • Outdoor Shower
  • Vinyl Pool

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Exterior Lighting

Utilities

  • Central Air
  • Heat Pump System
  • Municipal Utilities District Water
  • Private or Community Septic Tank

Community Details

  • Built by Pete Hunter
  • Whalehead Club Subdivision

Listing and Financial Details

  • Tax Lot 16

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,058

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Extras: Cabana, Ceiling Fan(s), Covered Decks, Fenced Yard, Hot Tub, Landscaped, Outside Lighting, Outside Shower, Screened Porch, Smoke Detector(s), Sun Deck
  • Flood Zone: AE
  • Headline: SEMI OF - ORIGINAL OWNERS!
  • Heated Sq Ft: 1815
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: 12
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: RES
  • Deed Book Pg Number: 638
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 4
  • Bedroom 1: King MBR, On Level: 3
  • Bedroom 2: Queen MBR, On Level: 2
  • Bedroom 3: Twin Beds, On Level: 2
  • Bedroom 4: Bunk Sets, On Level: 2
  • Kitchen: Open Plan, On Level: 3
  • Countertops: Laminate
  • Floor Coverings: Carpet, Ceramic Tile, Vinyl
  • Foundation: Piling
  • Full Bathrooms: 3
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Ensuite, Washer Connection
  • Dining Room: Open Plan, On Level: 3
  • Family Room: Den, On Level: 2
  • Living Room: Open Plan, On Level: 3

Exterior Features

  • Homebuilder: Pete Hunter
  • Construction: Frame, Wood
  • Covered Deck Size: Ocean View
  • Exterior: Wood
  • Pool: Yes
  • Pool Type: Outdoor, In Ground, Vinyl
  • Roof: Asphalt/Fiber Shingle
  • Screen Porch Size: Ocean View
  • Sun Deck Size: Ocean View
  • View: Ocean

Garage/Parking

  • Garage: Carport
  • Parking: Off Street

Utilities

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

Condo/Co-op/Association

  • Home Owner Dwelling Insurance: 2546

Lot Info

  • Estimated Lot Sq Ft: 20000
  • Lot Description: Level
  • Lot Number: Lot 16
  • Deed Book: 305

Rental Info

  • Est Annual Rental Income: 46740
  • Estimated Rental Performance: 0.0776
  • Flood Expenses: 938
  • Rental Co: Twiddy and Company
  • Rental Cottage Name: Whale's End
  • Rental Cottage Number: J20854
  • Rental Phone Number: 252-457-1100
  • Rental Turnover Day: SUN
  • Yearly Expense Actual Estimate: Actual

Building Info

  • Year Built: 1985

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2011
  • Taxes: 4058

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2012
Closed on
Mar 8, 2013
Sold by
Walters Carol S and Walters David W
Bought by
Brogan Patrick Michael and Brogan Ann Burke
Seller's Agent
Heather Sakers
Coldwell Banker Seaside Realty KH
Buyer's Agent
Leslie Gilmore
Great Escapes Vacations & Sales
List Price
$655,000
Sold Price
$602,000
Premium/Discount to List
-$53,000
-8.09%
Current Estimated Value
$1,051,709

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$449,709
Avg. Annual Appreciation
4.49%
Original Mortgage
$417,000
Outstanding Balance
$291,966
Interest Rate
3.52%
Mortgage Type
New Conventional
Estimated Equity
$759,743
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
Brogan Patrick Michael $602,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brogan Patrick Michael $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/12/2013 04/12/13 Sold $602,000 -8.1% $332 / Sq Ft
02/08/2013 02/08/13 Pending -- -- --
07/22/2012 07/22/12 For Sale $655,000 -- $361 / 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 $5,727 $631,800 $400,000 $231,800
2024 $5,727 $631,800 $400,000 $231,800
2023 $5,711 $631,800 $400,000 $231,800
2022 $4,837 $631,800 $400,000 $231,800
2021 $4,830 $536,900 $330,000 $206,900
2020 $4,135 $536,900 $330,000 $206,900
2019 $4,128 $536,900 $330,000 $206,900
2018 $4,128 $536,900 $330,000 $206,900
2017 $3,841 $536,900 $330,000 $206,900
2016 $3,862 $536,900 $330,000 $206,900
2015 $3,834 $536,900 $330,000 $206,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 75667

Outer Banks Association of REALTORS®

APN: 115A-000-0016-0012