NOT LISTED FOR SALE

859 Lighthouse Dr Corolla, NC 27927

Corolla Neighborhood

Estimated Value: $3,382,000 - $6,054,185

10 Beds
13 Baths
7,473 Sq Ft
$673/Sq Ft Est. Value

Last Sold December 12, 2022

Last sale price $5,600,000 $749 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $28,687/month

Highlights

  • Beach Front
  • Home Theater
  • Second Refrigerator
  • Ocean View
  • In Ground Pool
  • Coastal Architecture

About This Home

As of December 2022

Amazing Ocean Views are only the beginning. This10 bedroom has all the amenities you could ask for private heated pool, hot tub, covered outdoor area complete with BBQ and retractable TV, multiple living spaces, exercise/rec room, billiards room, theatre room with projector, three levels of seating and reclining theatre chairs, elevator, wrap around decks, and more. With direct private access to the beautiful beaches of Corolla and close to shopping and restaurants. No wonder this property boasts more than $329K of rents booked for 2022!!

Last Agent to Sell the Property

Trisha Midgett

Midgett Realty - Rodanthe License #162204 Listed on: 09/05/2022

Last Buyer's Agent

Trisha Midgett

Midgett Realty - Rodanthe License #162204 Listed on: 09/05/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,496

Year Built

  • Built in 2017

Lot Details

  • Beach Front
  • Landscaped

Home Design

  • Coastal Architecture
  • Reverse Style Home
  • Asphalt Shingled Roof

Interior Spaces

  • 7,473 Sq Ft Home
  • Elevator
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Home Theater
  • Game Room
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Built-In Oven
  • Built-In Range
  • Microwave
  • Second Refrigerator
  • Second Dishwasher

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer

Parking

  • Paved Parking
  • Off-Street Parking

Pool

  • In Ground Pool
  • Outdoor Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Covered Deck
  • Patio
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Tax Lot 8

Community Details

Overview

  • Whalehead Club Subdivision

Recreation

  • Community Boardwalk

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,496

Year Built

Built in 2017

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Covered Decks, Elevator, Hot Tub, Jet Tub, Landscaped, Outside Lighting, Outside Shower, Patio, Smoke Detector(s), Inside Laundry Room
  • Flood Zone: VE
  • Heated Sq Ft: 7473
  • L V T Date: 09/05/2022
  • Roads: Paved
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: Res
  • Advertised Income 2021: 305249
  • Advertised Income 2022: 329790
  • Deed Book Pg Number: 803
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C0569
  • 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, Dryer, Ice Machine, Microwave, Refrigerator, Wall Oven, 2nd Dishwasher, 2nd Refrigerator
  • Bedrooms: 10
  • Full Bathrooms: 10
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ensuite, Walk in Closet, Washer Connection, Wet Bar, 1st Flr Ensuite
  • Optional Rooms: Game Room, Home Theater, Media Room
  • Partial Bathrooms: 3

Exterior Features

  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Parking: Paved, Off Street

Utilities

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

Lot Info

  • Lot Description: Beach Frontage, Water Frontage
  • Lot Number: Lot 8
  • Deed Book: 1465

Rental Info

  • Est Annual Rental Income: 316610
  • Estimated Rental Performance: 0.0565
  • Lease Terms: Weekly
  • Rental Co: Twiddy and Company
  • Rental Cottage Name: Sea Fore Ever II
  • Rental Cottage Number: J10859
  • Rental Turnover Day: Saturday
  • Rental Contact Email: owner@twiddy.com

Building Info

  • Year Built: 2017

Tax Info

  • Year: 2022
  • Taxes: 13496.31

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2022
Closed on
Oct 18, 2022
Sold by
Ausley Paul D
Bought by
Krepcio Christopher
Seller's Agent
Trisha Midgett
Midgett Realty - Rodanthe
Buyer's Agent
Trisha Midgett
Midgett Realty - Rodanthe
List Price
$6,000,000
Sold Price
$5,600,000
Premium/Discount to List
-$400,000
-6.67%
Current Estimated Value
$5,027,395

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$572,605
Avg. Annual Appreciation
-4.16%
Original Mortgage
$3,280,000
Interest Rate
7.08%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 13, 2018
Closed on
Dec 12, 2018
Sold by
Cornelison Ronald F and Kelly Anne
Bought by
Ausley Paul D
Seller's Agent
Four Seasons Realty
Four Seasons Realty
Buyer's Agent
Trisha Midgett
Midgett Realty - Rodanthe
List Price
$4,250,000
Sold Price
$3,225,000
Premium/Discount to List
-$1,025,000
-24.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.79%
Original Mortgage
$225,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 31, 2005
Sold by
Jackson Cynthia
Bought by
Jackson Cynthia and Cornelison Ronda F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,372,500
Interest Rate
6.28%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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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
Krepcio Christopher $5,600,000 --
Ausley Paul D $3,225,000 None Available
Jackson Cynthia -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Krepcio Christopher $3,280,000
Previous Owner Ausley Paul D $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2022 12/12/22 Sold $5,600,000 -6.7% $749 / Sq Ft
09/05/2022 09/05/22 For Sale $6,000,000 +86.0% $803 / Sq Ft
09/01/2022 09/01/22 Pending -- -- --
12/12/2018 12/12/18 Sold $3,225,000 -5.1% $432 / Sq Ft
10/26/2018 10/26/18 Pending -- -- --
08/04/2018 08/04/18 Price Changed $3,400,000 -20.0% $455 / Sq Ft
06/13/2018 06/13/18 For Sale $4,250,000 -- $569 / 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 $24,379 $2,846,400 $1,094,800 $1,751,600
2023 $24,379 $2,846,400 $1,094,800 $1,751,600
2022 $20,504 $2,846,400 $1,094,800 $1,751,600
2021 $20,489 $2,270,500 $833,000 $1,437,500
2020 $16,834 $2,270,500 $833,000 $1,437,500
2019 $16,784 $2,270,500 $833,000 $1,437,500
2018 $16,784 $1,501,100 $833,000 $668,100
2017 $10,323 $833,000 $833,000 $0
2016 $5,748 $833,000 $833,000 $0
2015 $11,308 $1,635,400 $833,000 $802,400
Source: Public Records

Agents Affiliated with this Home

  • Trisha Midgett

    Seller's Agent in 2022

    Trisha Midgett

    Midgett Realty - Rodanthe

    (252) 996-0124

    40 in this area

    1,244 Total Sales

    Trisha Midgett
    Section Image

  • M

    Buyer Co-Listing Agent in 2022

    Michael Milteer

    Midgett Realty - Rodanthe

    (757) 653-4878

    14 in this area

    189 Total Sales

    Michael Milteer
    Section Image
  • Four Seasons Realty

    Seller's Agent in 2018

    Four Seasons Realty

    Four Seasons Realty

    (252) 261-6664

    137 in this area

    349 Total Sales

    Four Seasons Realty
    Section Image
  • Robert Konstanzer

    Seller Co-Listing Agent in 2018

    Robert Konstanzer

    Four Seasons Realty

    (252) 207-8611

    31 in this area

    98 Total Sales

    Robert Konstanzer
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 120247

Outer Banks Association of REALTORS®

APN: 115A-000-0008-0012

North Carolina Currituck County Corolla 27927 Corolla

859 Lighthouse Dr, Corolla, NC

This home is located at 859 Lighthouse Dr, Corolla, NC 27927 since 05 September 2022 and is currently estimated at $5,027,395, approximately $672 per square foot. This property was built in 2017. 859 Lighthouse Dr is a home located in Currituck County with nearby schools including Knotts Island Elementary School, Currituck County Middle School, and Currituck County High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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