J
Seller's Agent in 2017
Jack & Carol Riggle
Outer Banks Realty Group
875 Lighthouse Dr Corolla, NC 27927
Estimated Value: $2,742,020
10
Beds
12
Baths
5,166
Sq Ft
$531/Sq Ft
Est. Value
Highlights
- Beach Front
- Home Theater
- Second Refrigerator
- Ocean View
- Cabana
- Wood Flooring
About This Home
As of May 2017WOW, WOW AND WOW!! Those are the only words that will come into your mind when walking through this elegant home in sought-after ocean front locations in Whalehead subdivision. Thus the name “ABSOLUTE ELEGANCE”. For the buyer with elegant taste who wants it all – HERE IT IS!!!! Ten bedrooms (9 masters including one that is handicap friendly plus a full bath on the lower level), elevator, custom, heated saltwater pool, poolside bar with outdoor TV, game room with billiards table and shuffleboard, bar and kitchenette. Want more? How about gourmet kitchen with double stainless steel appliances and granite counters, home theater room with comfy seating, gas fireplace, and two laundry centers. There are two powder rooms - one on the upper level and one just off the pool deck. Do you want even more? Well, how about unending views of the Atlantic Ocean only steps away for amazing sunrises, landscaped and fenced grounds, kiddie pool, outdoor ping pong table, corn hole set and horseshoes, private walkway that leads to a dune-top deck and shady pergola and built-in seating to overlook and enjoy all the beach activities. And yes, there is a hot tub, a Jacuzzi tub and exquisite furnishings throughout this mini-mansion and vacation retreat. There’s a lot more to see so come and take a first-hand look. Bring your lender’s pre-approval because you’re going to want to call it YOURS and you’d better HURRY!!!! Best yet - the home is located on a 129 foot wide site, wider than most and - this home was appraised in April of this year. Pricing is supported by the appraisal and by consistent rental income.
Last Agent to Sell the Property
Jack & Carol Riggle
Outer Banks Realty Group License #185778 Listed on: 05/25/2016
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11,269
Year Built
- Built in 2010
Lot Details
- 5,166 Sq Ft Lot
- Lot Dimensions are 127x350
- Beach Front
- 100 Feet of Waterfront
- Landscaped
- Sprinkler System
HOA Fees
- $4 Monthly HOA Fees
Home Design
- Reverse Style Home
- Frame Construction
- Asphalt Shingled Roof
- Piling Construction
- Cement Board or Planked
Interior Spaces
- 5,166 Sq Ft Home
- Elevator
- Furnished
- Gas Fireplace
- Window Treatments
- Entrance Foyer
- Living Room
- Dining Room
- Home Theater
- Utility Room
- Ocean Views
Kitchen
- Built-In Oven
- Microwave
- Second Refrigerator
- Ice Maker
- Second Dishwasher
- Granite Countertops
Flooring
- Wood
- Carpet
- Laminate
Bedrooms and Bathrooms
- 10 Bedrooms
- En-Suite Primary Bedroom
Laundry
- Dryer
- Washer
Parking
- Garage
- Carport
- Tuck Under Parking
- Off-Street Parking
Pool
- Cabana
- In Ground Pool
- Gunite Pool
- Outdoor Pool
- Saltwater Pool
- Spa
Outdoor Features
- Gazebo
Utilities
- Forced Air Zoned Heating and Cooling System
- Heat Pump System
- Municipal Utilities District Water
- Fuel Tank
- Septic System
Community Details
- Built by Saga
- Whalehead Club Subdivision
Listing and Financial Details
- Tax Lot 12
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 25, 2016
Closed on
May 9, 2017
Sold by
Future Assets Llc
Bought by
Gentchos Janet L and Gentchos Christopher E
Seller's Agent
Jack & Carol Riggle
Outer Banks Realty Group
Buyer's Agent
Charles Rocknak
Beach Realty & Construction
List Price
$2,890,000
Sold Price
$2,365,000
Premium/Discount to List
-$525,000
-18.17%
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
$377,020
Avg. Annual Appreciation
1.73%
Original Mortgage
$1,892,000
Outstanding Balance
$1,544,383
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,197,637
Purchase Details
Closed on
May 30, 2012
Sold by
Aldridge John W and Aldridge Donna
Bought by
Future Assets Llc
Purchase Details
Closed on
Nov 3, 2011
Sold by
Future Assets Llc
Bought by
Aldridge John W and Carter Anthony
Purchase Details
Closed on
Aug 28, 2009
Sold by
Burgess Enterprises
Bought by
Future Assets Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
5.11%
Mortgage Type
Purchase Money Mortgage
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 |
|---|---|---|---|
| Gentchos Janet L | -- | Attorney | |
| Future Assets Llc | -- | None Available | |
| Aldridge John W | -- | None Available | |
| Future Assets Llc | $1,000,000 | None Available | |
| Burgess Enterprises | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gentchos Janet L | $1,892,000 | |
| Previous Owner | Burgess Enterprises | $1,500,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/15/2017 05/15/17 | Sold | $2,365,000 | -18.2% | $458 / Sq Ft |
| 03/22/2017 03/22/17 | Pending | -- | -- | -- |
| 05/25/2016 05/25/16 | For Sale | $2,890,000 | -- | $559 / 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 | $16,805 | $1,963,300 | $1,174,200 | $789,100 |
| 2024 | $16,581 | $1,938,900 | $1,174,200 | $764,700 |
| 2023 | $14,919 | $1,930,600 | $1,174,200 | $756,400 |
| 2022 | $13,900 | $1,930,600 | $1,174,200 | $756,400 |
| 2021 | $13,885 | $1,635,400 | $953,800 | $681,600 |
| 2020 | $12,040 | $1,635,400 | $953,800 | $681,600 |
| 2019 | $12,040 | $1,635,400 | $953,800 | $681,600 |
| 2018 | $0 | $1,635,400 | $953,800 | $681,600 |
| 2017 | $11,185 | $1,635,400 | $953,800 | $681,600 |
| 2016 | $11,269 | $1,635,400 | $953,800 | $681,600 |
| 2015 | -- | $1,635,400 | $953,800 | $681,600 |
Source: Public Records
Agents Affiliated with this Home
-
-
Carol Riggle
C
Seller Co-Listing Agent in 2017
Carol Riggle
Outer Banks Realty Group
(252) 202-8806
13 in this area
15 Total Sales
-
Charles Rocknak
Buyer's Agent in 2017
Charles Rocknak
Beach Realty & Construction
(252) 202-0165
3 in this area
31 Total Sales
Map
Source: Outer Banks Association of REALTORS®
MLS Number: 92540
APN: 115A-000-0012-0011
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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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