Seller's Agent in 2020
Sandra LaRue
Corolla Beach Realty
(252) 435-5379
40 in this area
66 Total Sales
863 Lighthouse Dr Corolla, NC 27927
Estimated Value: $2,861,162 - $3,304,000
11
Beds
11
Baths
6,200
Sq Ft
$496/Sq Ft
Est. Value
Highlights
- Beach Front
- Home Theater
- 0.8 Acre Lot
- Ocean View
- Cabana
- Second Refrigerator
About This Home
As of June 2020Spectacular Ocean Front Home with Incredible Ocean Views and located in the prestigious Whalehead Club ! PRICE REDUCTION of $401,000!! X- Flood Zone! A Quality Custom Built 11 Bedroom Home that has all the amenities you can imagine with 8 Master Bedrooms, & Strong Consistent Rental Income of 13% GRI. This home Features Hardwood Floors, Wainscoting, Granite Kitchen Counters, Upgraded Cabinets, ELEVATOR, Media Room, Ships Watch, Huge Super Fun Game Room, Amazing Dune Top Deck, 2 Hot Tubs and large Pool area with Cabana and Tiki Bar. Top Floor is spacious and open for all to gather with breath taking Ocean Views through out. The Top Level has Living Room with Hardwood Floors, Cathedral Ceilings, Gas Fireplace, inviting Dining Room, Upgraded Kitchen with Granite Counters, 2 Dish Washers, 2 Refrigerators, 2 Ovens, and Walk In Pantry, Office Area, Entertainment Area, Wet Bar, Ships Watch, Master Bedroom with Gas Fireplace, and Sun Decks with 2 Hot Tubs and one Hot Tub over looking the Ocean and Pool. Mid Level features impressive Entry Foyer, Media Room with Wet Bar, 5 Master Bedrooms of which 2 have Gas Fire Places, Most Bedrooms have ocean views, access to decks, DUNE TOP DECK and your own PRIVATE WALKWAY to the BEACH. Ground Level features 5 Bedrooms of which 2 are Master Bedrooms, an oversized Game Room with Sports Bar, Pool Table, Foosball, and ½ Bath with access to outdoor Pool. Relax at the awesome Private Pool Area that includes, Large Pool, Kiddie Pool, Cabana, and Tiki Bar with outdoor kitchen. This well maintained home has just completed replacing the Roof and many Decks. The Advertised Gross Rental Income as of October 1, 2019 is $252,153.14. Sellers are doing the following improvements for the 2020 Rental Season: New Front Stairs, New Lattice around mechanical equip., Demo existing TiKi Bar and prepare for outdoor den w/ fire pit, New Grilling Station, and New Ocean Front Dune Top Deck. If you are looking for a Beautiful Quality Custom Built Ocean Front Home with Expansive Decks, Panoramic Ocean Views, Consistent Strong Advertised Gross Rental Income at 13 % GRI, with all the amenities that you can imagine, including your own Dune Top Deck and Private Walkway to the Beach, then this is the Home for You. Knockin’on Heaven’s Doors is Coastal Living at its Finest!
Last Agent to Sell the Property
Corolla Beach Realty License #244093 Listed on: 12/02/2017
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,767
Year Built
- Built in 2004
Lot Details
- 0.8 Acre Lot
- Lot Dimensions are 100x350
- Beach Front
- 100 Feet of Waterfront
- Landscaped
- Level Lot
HOA Fees
- $4 Monthly HOA Fees
Parking
- Paved Parking
Home Design
- Reverse Style Home
- Slab Foundation
- Frame Construction
- Asphalt Shingled Roof
- Metal Roof
- Piling Construction
- Cement Board or Planked
Interior Spaces
- 6,200 Sq Ft Home
- Elevator
- Wet Bar
- Furnished
- Cathedral Ceiling
- Ceiling Fan
- Gas Fireplace
- Window Treatments
- Bay Window
- Entrance Foyer
- Home Theater
- Game Room
- Ocean Views
- Fire and Smoke Detector
Kitchen
- Built-In Oven
- Built-In Range
- Microwave
- Second Refrigerator
- Ice Maker
- Second Dishwasher
- Granite Countertops
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 11 Bedrooms
- En-Suite Primary Bedroom
Laundry
- Dryer
- Washer
Pool
- Cabana
- Fiberglass Pool
- Outdoor Pool
- Spa
- Outdoor Shower
Outdoor Features
- Sun Deck
- Covered Deck
- Exterior Lighting
Utilities
- Heat Pump System
- Municipal Utilities District Water
- Private or Community Septic Tank
Listing and Financial Details
- Tax Lot #6
Community Details
Overview
- Built by Scott Austin
- Whalehead Club Subdivision
Recreation
- Community Boardwalk
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 2, 2017
Closed on
May 20, 2020
Sold by
Hughes Peter B and Hughes Patricia C
Bought by
Rutkowski Thomas A and Rutkowski Michael D
Seller's Agent
Sandra LaRue
Corolla Beach Realty
Buyer's Agent
Sandra LaRue
Corolla Beach Realty
List Price
$2,500,000
Sold Price
$1,709,000
Premium/Discount to List
-$791,000
-31.64%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,368,791
Avg. Annual Appreciation
11.18%
Original Mortgage
$1,281,750
Outstanding Balance
$1,118,406
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$1,959,385
Purchase Details
Closed on
Mar 7, 2003
Bought by
Hughes Peter B and Hughes Patricia C
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rutkowski Thomas A | $1,709,000 | None Available | |
| Hughes Peter B | $1,070,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rutkowski Thomas A | $1,281,750 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/08/2020 06/08/20 | Sold | $1,709,000 | -14.5% | $276 / Sq Ft |
| 03/10/2020 03/10/20 | Pending | -- | -- | -- |
| 04/03/2019 04/03/19 | Price Changed | $1,999,000 | -16.7% | $322 / Sq Ft |
| 08/09/2018 08/09/18 | Price Changed | $2,400,000 | -4.0% | $387 / Sq Ft |
| 12/02/2017 12/02/17 | For Sale | $2,500,000 | -- | $403 / Sq Ft |
Source: Outer Banks Association of REALTORS®
Tax History Compared to Growth
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 | $15,175 | $1,765,800 | $1,094,800 | $671,000 |
| 2024 | $15,175 | $1,765,800 | $1,094,800 | $671,000 |
| 2023 | $15,159 | $1,765,800 | $1,094,800 | $671,000 |
| 2022 | $12,767 | $1,765,800 | $1,094,800 | $671,000 |
| 2021 | $12,752 | $1,506,700 | $833,000 | $673,700 |
| 2020 | $11,153 | $1,506,700 | $833,000 | $673,700 |
| 2019 | $10,745 | $1,454,700 | $833,000 | $621,700 |
| 2018 | $10,745 | $1,454,700 | $833,000 | $621,700 |
| 2017 | $10,002 | $1,454,700 | $833,000 | $621,700 |
| 2016 | $10,077 | $1,454,700 | $833,000 | $621,700 |
| 2015 | $10,077 | $1,454,700 | $833,000 | $621,700 |
Source: Public Records
Agents Affiliated with this Home
-
Sandra LaRue
-
Daniel LaRue
Seller Co-Listing Agent in 2020
Daniel LaRue
Corolla Beach Realty
(551) 404-7777
27 in this area
44 Total Sales
Map
Source: Outer Banks Association of REALTORS®
MLS Number: 98616
APN: 115A-000-0006-0012
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