NOT LISTED FOR SALE

868 Lighthouse Dr Corolla, NC 27927

Corolla Area

Estimated Value: $1,701,545 - $2,047,000

8 Beds
9 Baths
4,580 Sq Ft
$409/Sq Ft Est. Value

Sale Details

Date Sold: June 6, 2018

Last sale price $1,120,000 $245 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $11,067 / mo

42 Days on Market

Highlights

  • Community Beach Access
  • Ocean Front
  • Rooftop Deck
  • Knotts Island Elementary School Rated 9+
  • Cabana
  • Second Refrigerator

About This Home

As of June 2018

Semi Oceanfront home with ocean views and direct beach access. Lovingly maintained by owners with plenty of extras. Elevator, cabana pool deck, private master bedroom decks, granite kitchen counters, double appliances, to name a few. Sizeable pool deck that connects to ground floor game room provides fun for all. 3 levels of pleasure insure strong rental income. 2018 booked solid (161 days) May through September. Currently exceeds 10% gross ROI.

Last Agent to Sell the Property

Ronald Barrett

Brindley Beach Vacations & Sales - Cor License #94054 Listed on: 03/09/2018

Last Buyer's Agent

Matt Preston

Twiddy and Company - Corolla License #288364

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,176

Year Built

  • Built in 2000

Lot Details

  • 20,000 Sq Ft Lot
  • Lot Dimensions are 100' x 200'
  • Ocean Front
  • Landscaped
  • Level Lot

Home Design

  • Reverse Style Home
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 4,580 Sq Ft Home
  • Elevator
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Game Room
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Built-In Oven
  • Built-In Range
  • Microwave
  • Second Refrigerator
  • Plumbed For Ice Maker
  • Second Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • En-Suite Primary Bedroom
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Parking

  • Paved Parking
  • Parking Lot

Pool

  • Cabana
  • In Ground Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Rooftop Deck
  • Covered Deck
  • Patio
  • Exterior Lighting
  • Tiki or Chickee Hut

Utilities

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

Listing and Financial Details

  • Tax Lot #23

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include walkways
  • Whalehead Club Subdivision

Recreation

  • Community Boardwalk
  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,176

Year Built

Built in 2000

Lot Details

0.46 Acres

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: North on Hwy 12 towards Corolla. Turn right on Albacore Street at Food Lion stop light. Left on Lighthouse Drive. House 2 blocks down on left (West) side.
  • Extras: Beach Access, Boardwalk to Beach, Cabana, Ceiling Fan(s), Covered Decks, Elevator, Hot Tub, Jet Tub, Landscaped, Outside Lighting, Outside Shower, Patio, Smoke Detector(s), Sun Deck, Tiki Bar, Roof Top Deck
  • Flood Zone: AE
  • Subdivision Name: Whalehead
  • Headline: BEACH PALACE, SO TRUE
  • Heated Sq Ft: 4580
  • L V T Date: 03/09/2018
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: 12
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: Res
  • Deed Book Pg Number: 903
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C14121
  • 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, Microwave, Range/Oven, Refrigerator, Wall Oven, Washer, 2nd Dishwasher, 2nd Refrigerator
  • Bedrooms: 8
  • Countertops: Granite
  • Floor Coverings: Carpet, Ceramic Tile
  • Foundation: Piling, Slab
  • Full Bathrooms: 7
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Pantry
  • Optional Rooms: Game Room, Shipswatch
  • Partial Bathrooms: 2

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 100
  • View: Ocean

Garage/Parking

  • Parking: Parking Lot, Paved

Utilities

  • Cooling: Central, Heat Pump, Zoned
  • Heating: Central, Electric, Forced Air, Heat Pump, Zoned
  • Fuel Tanks: Leased
  • Septic Fee: 500
  • Sewer/Septic System: Private Septic, Private Sewer
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Walkways
  • Association Amenities: Ocean Access
  • Association Fee: Voluntary - Restrictive Covenants May Apply
  • Home Owner Dwelling Insurance: 2425

Lot Info

  • Estimated Lot Sq Ft: 20000
  • Lot Description: Level
  • Lot Faces: East
  • Lot Size: 100' x 200'
  • Lot Number: Lot #23
  • Estimated Lot Size: 0.46
  • Deed Book: 864

Rental Info

  • Est Annual Rental Income: 123000
  • Estimated Rental Performance: 0.1098
  • Flood Expenses: 2395
  • Lease Terms: Weekly
  • Maintenance Expenses: 893
  • Other Expenses: 450
  • Other Expenses2: 240
  • Poolspa Expense: 3095
  • Rental Co: Twiddy and Company
  • Rental Cottage Name: Beach Palace
  • Rental Cottage Number: J20868
  • Rental Phone Number: 457-1100
  • Rental Turnover Day: Sun
  • Yearly Expense Actual Estimate: Actual
  • Annual Cable TV Expense: 1100
  • Annual Electric: 3640
  • Annual Telephone Expense: 532
  • Annual Water Expense: 1299
  • Rental Contact Name: Twiddy And Company
  • Rental Contact Phone: 252-457-1100

Building Info

  • Year Built: 2000

Tax Info

  • Year: 2017
  • Taxes: 6176

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2018
Closed on
May 25, 2018
Sold by
Bought by
Seller's Agent
Ronald Barrett
Brindley Beach Vacations & Sales - Cor
Buyer's Agent
Matt Preston
Twiddy and Company - Corolla
List Price
$1,179,000
Sold Price
$1,120,000
Premium/Discount to List
-$59,000
-5%
Current Estimated Value
$1,872,136

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$752,136
Avg. Annual Appreciation
6.50%
Original Mortgage
$896,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 12, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,750
Interest Rate
5.8%
Mortgage Type
Credit Line Revolving
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Corolla, NC

  • Robert Ladd Real Estate Agent - Twiddy and Co. - Duck

    Robert Ladd

    Twiddy and Co. - Duck

    (252) 421-5155

    42 Total Sales

    15 in Corolla

    $125K - $2.2M Price Range

    Robert Ladd
     Section Image
  • Rick Uhl Real Estate Agent - NC VA Land and Home Inc

    Rick Uhl

    NC VA Land and Home Inc

    (757) 909-6490

    65 Total Sales

    3 in Corolla

    $350K - $2.4M Price Range

    Rick Uhl
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  • Travis and Jessica James Team Real Estate Agent - Taylor Mueller Realty, Inc.

    Travis and Jessica James Team

    Responds Quickly

    Taylor Mueller Realty, Inc.

    (252) 666-5848

    186 Total Sales

    1 in Corolla

    $659,900 Price

    Travis and Jessica James Team
     Section Image
  • David Berberich Real Estate Agent - Hometown Realty

    David Berberich

    Hometown Realty

    (804) 781-3443

    74 Total Sales

    1 in Corolla

    $760,000 Price

    David Berberich
     Section Image
  • Erin Thompson Real Estate Agent - Keller Williams Real Estate-Montgomeryville

    Erin Thompson

    Keller Williams Real Estate-Montgomeryville

    (610) 795-5308

    97 Total Sales

    1 in Corolla

    $1,149,000 Price

    Erin Thompson
     Section Image
  • Jean-Paul Peron Real Estate Agent - eXp Realty

    Jean-Paul Peron

    eXp Realty

    (252) 573-5342

    154 Total Sales

    13 in Corolla

    $145K - $1.2M Price Range

    Jean-Paul Peron
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,120,000 None Available
$18,850,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $853,000
Closed $896,000
Previous Owner $163,750
Previous Owner $1,250,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/06/2018 06/06/18 Sold $1,120,000 -5.0% $245 / Sq Ft
04/20/2018 04/20/18 Pending -- -- --
03/09/2018 03/09/18 For Sale $1,179,000 -- $257 / Sq Ft
Source: Outer Banks Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $9,322 $1,048,800 $400,000 $648,800
2024 $9,322 $1,048,800 $400,000 $648,800
2023 $9,306 $1,048,800 $400,000 $648,800
2022 $7,832 $1,048,800 $400,000 $648,800
2021 $7,835 $897,900 $330,000 $567,900
2020 $6,825 $897,900 $330,000 $567,900
2019 $6,825 $897,900 $330,000 $567,900
2018 $0 $897,900 $330,000 $567,900
2017 $6,177 $897,900 $330,000 $567,900
2016 $6,225 $897,900 $330,000 $567,900
2015 $6,229 $897,900 $330,000 $567,900
Source: Public Records

Agents Affiliated with this Home

  • Ronald Barrett Real Estate Agent - Brindley Beach Vacations & Sales - Cor

    Seller's Agent in 2018

    Ronald Barrett

    Brindley Beach Vacations & Sales - Cor

    (252) 202-8999

    31 Total Sales

    Ronald Barrett
    Section Image
  • Matt Preston Real Estate Agent - Twiddy and Company - Corolla

    Buyer's Agent in 2018

    Matt Preston

    Twiddy and Company - Corolla

    (252) 207-6143

    140 Total Sales

    Matt Preston
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 99578

Outer Banks Association of REALTORS®

APN: 115A-000-0023-0012

North Carolina Currituck County Corolla 27927

868 Lighthouse Dr, Corolla, NC

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.

Outer Banks Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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