NOT LISTED FOR SALE

873 Lighthouse Dr Corolla, NC 27927

Estimated Value: $1,962,000 - $2,426,000

5 Beds
4.5 Baths
3,100 Sq Ft
$731/Sq Ft Est. Value

Last Sold January 23, 2018

Last sale price $1,005,000 $324 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $12,925/month

633 Days on Market

Highlights

  • Beach Front
  • Spa
  • Cathedral Ceiling
  • Ocean View
  • Second Refrigerator
  • Hydromassage or Jetted Bathtub

About This Home

As of January 2018

This custom built, well maintained ocean front home is located in prestigious Whalehead and boasts fabulous ocean views! The ground level offers covered parking, enclosed outdoor shower, an elevator, and stone charcoal grill. On the middle level, a game room w/wet bar, refrigerator, pool table, & deck access, master bedroom w/whirlpool tub & deck access, two bedrooms sharing a full bath, laundry room, large covered deck w/hot tub, and a private walkway to the beach. The upper level features one master bedroom w/handicap friendly bath & deck access, another master bedroom w/whirlpool tub & deck access, spacious living & dining areas w/cathedral ceiling, stunning ocean views, & access to sun decks over looking the sea, a half bath, and kitchen w/raised bar seating for four, pantry, & breakfast nook w/access to a west side sun deck. Close to restaurants, shops, and the Currituck Club Golf Course.

Last Agent to Sell the Property

Martha Springer

Twiddy and Company - Corolla License #135162 Listed on: 02/01/2016

Last Buyer's Agent

Lynn Hoffmann

Great Escapes Vacations & Sales License #288578

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,019

Year Built

  • Built in 2001

Lot Details

  • Beach Front
  • 100 Feet of Waterfront
  • Corner Lot
  • Property is zoned Res.

Parking

  • Paved Parking

Home Design

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

Interior Spaces

  • 3,100 Sq Ft Home
  • Elevator
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • Living Room
  • Game Room
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Second Refrigerator
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • Handicap Accessible

Pool

  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Exterior Lighting

Utilities

  • Heat Pump System
  • Private or Community Septic Tank

Listing and Financial Details

  • Tax Lot #1

Community Details

Overview

  • Property has a Home Owners Association
  • Built by Olin Finch
  • Whalehead Club Subdivision

Recreation

  • Community Boardwalk

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,019

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: Ocean Trail, East on Bonito St. South on Lighthouse, house on left corner of Sailfish & Lighthouse.
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Common Laundry Area, Covered Decks, Elevator, Handicap Friendly, Hot Tub, Jet Tub, Outside Lighting, Outside Shower, Smoke Detector(s), Sun Deck
  • Flood Zone: VE
  • Subdivision Name: Whalehead Club
  • Headline: Motivated Seller!
  • Heated Sq Ft: 3100
  • L V T Date: 02/01/2016
  • Roads: Paved
  • Sale/Rent: For Sale
  • Section: 12
  • Waterfront Location: Oceanfront
  • Zoning: Res.
  • Deed Book Pg Number: 131
  • Office License Number: C4556
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Washer, 2nd Refrigerator
  • Bedrooms: 5
  • Bedroom 1: On Level: 3
  • Bedroom 2: On Level: 3
  • Bedroom 3: On Level: 2
  • Bedroom 4: On Level: 2
  • Bedroom 5: On Level: 2
  • Kitchen: On Level: 3
  • Floor Coverings: Carpet, Vinyl
  • Foundation: Piling
  • Full Bathrooms: 4
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Ensuite, Pantry, Wet Bar
  • Game Room: On Level: 2
  • Living Room: On Level: 3
  • Optional Rooms: Game Room
  • Partial Bathrooms: 1

Exterior Features

  • Homebuilder: Olin Finch
  • Construction: Frame, Wood
  • Exterior: Lap Siding
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 100
  • View: Ocean
  • Water Frontage: 100

Garage/Parking

  • Garage: Carport
  • Parking: Paved

Utilities

  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Sewer/Septic System: Private Septic

Condo/Co-op/Association

  • Association Fee: Voluntary - Restrictive Covenants May Apply
  • Home Owner Dwelling Insurance: 3850

Lot Info

  • Lot Description: Beach Frontage, Corner
  • Lot Faces: E
  • Lot Number: Lot#1
  • Deed Book: 981

Rental Info

  • Flood Expenses: 1862
  • Lease Terms: Weekly
  • Rental Co: Stan White Realty & Const
  • Rental Cottage Name: Windswept
  • Rental Cottage Number: WH873
  • Rental Phone Number: 252-441-1515
  • Rental Turnover Day: Sat.
  • Yearly Expense Actual Estimate: Estimated
  • Annual Cable TV Expense: 2538
  • Annual Electric: 4500

Building Info

  • Year Built: 2001

Tax Info

  • Year: 2015
  • Taxes: 8019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2016
Closed on
Jan 17, 2018
Sold by
Maitland Georgia
Bought by
873 Llc
Seller's Agent
Martha Springer
Twiddy and Company - Corolla
Buyer's Agent
Lynn Hoffmann
Great Escapes Vacations & Sales
List Price
$1,250,000
Sold Price
$1,005,000
Premium/Discount to List
-$245,000
-19.6%
Current Estimated Value
$2,264,724

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,259,724
Avg. Annual Appreciation
10.77%

Purchase Details

Closed on
Jul 17, 2006
Sold by
Bank Sandy Spring
Bought by
Maitland Georgia
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
873 Llc $1,005,000 None Available
Maitland Georgia -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/23/2018 01/23/18 Sold $1,005,000 +1.0% $324 / Sq Ft
10/26/2017 10/26/17 Pending -- -- --
10/18/2017 10/18/17 Price Changed $995,000 -11.6% $321 / Sq Ft
09/17/2017 09/17/17 Price Changed $1,125,000 -10.0% $363 / Sq Ft
02/01/2016 02/01/16 For Sale $1,250,000 -- $403 / 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 $12,705 $1,480,400 $1,094,800 $385,600
2024 $12,705 $1,480,400 $1,094,800 $385,600
2023 $12,689 $1,480,400 $1,094,800 $385,600
2022 $10,694 $1,480,400 $1,094,800 $385,600
2021 $10,679 $1,175,900 $833,000 $342,900
2020 $8,681 $1,175,900 $833,000 $342,900
2019 $8,681 $1,158,900 $833,000 $325,900
2018 $0 $1,158,900 $833,000 $325,900
2017 $7,960 $1,158,900 $833,000 $325,900
2016 $8,019 $1,158,900 $833,000 $325,900
2015 $8,019 $1,158,900 $833,000 $325,900
Source: Public Records

Agents Affiliated with this Home

  • Martha Springer

    Seller's Agent in 2018

    Martha Springer

    Twiddy and Company - Corolla

    (252) 982-6045

    81 in this area

    110 Total Sales

    Martha Springer
    Section Image

  • L

    Buyer's Agent in 2018

    Lynn Hoffmann

    Great Escapes Vacations & Sales

    (202) 213-9627

    1 in this area

    4 Total Sales

    Lynn Hoffmann
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 90976

Outer Banks Association of REALTORS®

APN: 115A-000-0001-0012

North Carolina Currituck County Corolla 27927

873 Lighthouse Dr, Corolla, NC

Not Listed for Sale

Detached

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