NOT LISTED FOR SALE

878 Lighthouse Dr Corolla, NC 27927

Estimated Value: $1,142,000 - $1,349,000

6 Beds
4.5 Baths
2,768 Sq Ft
$447/Sq Ft Est. Value

Last Sold July 13, 2017

Last sale price $749,900 $271 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $7,008/month

4 Days on Market

Highlights

  • Ocean Front
  • In Ground Pool
  • Wood Flooring
  • Beach Access
  • Second Refrigerator
  • Main Floor Bedroom

About This Home

As of July 2017

'Far Far Away' will take you far, far away from your daily routine. From the panoramic ocean views to the pool, the billiards table, the spa and the sun room, you'll feel you are in paradise. Just maybe you are! Tons of getaway spaces from the mid level den to the great room to the sitting room of the master suite. The sun room will extend dining seating and provide year round views of the ocean - all waiting for a new buyer to enjoy. Come see this great home and check out the great rental income too! Ocean access is just a hop, skip two doors away where you'll enjoy your sun, surf and sand pleasure. This home has been lovingly maintained and you'll love owning it. Don't wait too long - this one is going to go fast.

Last Agent to Sell the Property

Jack & Carol Riggle

Outer Banks Realty Group License #185778 Listed on: 04/20/2017

Co-Listed By

Carol Riggle

Outer Banks Realty Group License #207024

Last Buyer's Agent

Jack & Carol Riggle

Outer Banks Realty Group License #185778 Listed on: 04/20/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,300

Year Built

  • Built in 1998

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 100x200
  • Ocean Front
  • Level Lot

HOA Fees

  • $4 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 2,768 Sq Ft Home
  • Furnished
  • Wood Burning Fireplace
  • Window Treatments
  • Living Room
  • Dining Room
  • Library
  • Game Room
  • Sun or Florida Room
  • Ocean Views

Kitchen

  • Oven or Range
  • Built-In Range
  • Microwave
  • Second Refrigerator
  • Ice Maker
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom

Laundry

  • Dryer
  • Washer

Parking

  • Paved Parking
  • Off-Street Parking

Pool

  • In Ground Pool
  • Fiberglass Pool
  • Outdoor Pool
  • Spa

Outdoor Features

  • Beach Access
  • Covered Deck

Utilities

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

Community Details

  • Whalehead Club Subdivision

Listing and Financial Details

  • Tax Lot 16

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,300

Year Built

Built in 1998

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: From Ocean Trail (Route 12), turn east on Dolphin to Lighthouse, left on Lighthouse to 878 on the left.
  • Extras: Beach Access, Covered Decks, Hot Tub
  • Flood Zone: AE
  • Headline: Elevated Semi Oceanfront Site
  • Heated Sq Ft: 2768
  • L V T Date: 04/23/2017
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: 11
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: Res
  • Deed Book Pg Number: 365
  • Office License Number: C5591
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Countertop Range, Dishwasher, Dryer, Ice Machine, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer, 2nd Refrigerator
  • Bedrooms: 6
  • Bedroom 1: On Level: 3
  • Bedroom 2: On Level: 2
  • Bedroom 3: On Level: 2
  • Bedroom 4: On Level: 2
  • Bedroom 5: On Level: 1
  • Bedroom 6: On Level: 1
  • Kitchen: On Level: 3
  • Countertops: Solid Surface
  • Floor Coverings: Tile, Vinyl, Wood, Wood Laminate
  • Foundation: Piling
  • Full Bathrooms: 4
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Wood Fireplace
  • Dining Room: On Level: 3
  • Living Room: On Level: 3
  • Optional Room 2: Porch Encl, On Level: 3
  • Optional Rooms: Game Room, Library/Study, Sun/Florida Room
  • Partial Bathrooms: 1
  • Optional Room 1: Mstr Sit R, On Level: 3

Exterior Features

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

Garage/Parking

  • Parking: Paved, Off Street

Utilities

  • Cooling: Central, Heat Pump, Zoned
  • Heating: Central, Heat Pump, Zoned
  • Fuel Tanks: Leased
  • Sewer/Septic System: Private Septic
  • Water: Municipal

Condo/Co-op/Association

  • Association Fee: Voluntary - Restrictive Covenants May Apply
  • Estimated Annual Fee: 45

Lot Info

  • Estimated Lot Sq Ft: 20000
  • Lot Description: Level
  • Lot Faces: E
  • Lot Size: 100x200
  • Lot Number: Lot 16
  • Deed Book: 1265

Rental Info

  • Est Annual Rental Income: 72541
  • Estimated Rental Performance: 0.0967
  • Lease Terms: Weekly
  • Rental Co: Sun Realty
  • Rental Cottage Name: Far Far Away
  • Rental Cottage Number: WHL-86
  • Rental Phone Number: 252-453-8822
  • Rental Turnover Day: Saturday

Building Info

  • Year Built: 1998

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2017
  • Taxes: 4300.19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2017
Closed on
Jun 23, 2017
Sold by
Ashley Adrian A and The Ashley Family Trust
Bought by
Kalloo Naida
Seller's Agent
Jack & Carol Riggle
Outer Banks Realty Group
Buyer's Agent
Jack & Carol Riggle
Outer Banks Realty Group
List Price
$749,900
Sold Price
$749,900
Current Estimated Value
$1,238,257

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$488,357
Avg. Annual Appreciation
6.10%
Original Mortgage
$599,920
Outstanding Balance
$495,490
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$742,767

Purchase Details

Closed on
Aug 10, 2013
Sold by
Ashley Adrian A and Ashley Mary Young
Bought by
Ashley Adrian A and Ashley Mary Young

Purchase Details

Closed on
Feb 14, 2013
Sold by
Ashley Adrian A and Ashley Mary Young
Bought by
Ashley Adrian A and Ashley Mary Young

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 2012
Sold by
Ashley Adrian A and Ashley Mary Ann
Bought by
Ashley Adrian A and Ashley Mary Young
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
Kalloo Naida $750,000 Attorney
Ashley Adrian A -- None Available
Ashley Adrian A -- Performance Title Inc
Ashley Adrian A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kalloo Naida $599,920
Previous Owner Ashley Adrian A $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/13/2017 07/13/17 Sold $749,900 0.0% $271 / Sq Ft
04/24/2017 04/24/17 Pending -- -- --
04/20/2017 04/20/17 For Sale $749,900 -- $271 / 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 $6,207 $697,300 $400,000 $297,300
2024 $6,207 $697,300 $400,000 $297,300
2023 $6,191 $697,300 $400,000 $297,300
2022 $5,240 $697,300 $400,000 $297,300
2021 $5,225 $609,100 $330,000 $279,100
2020 $4,600 $609,100 $330,000 $279,100
2019 $4,597 $609,100 $330,000 $279,100
2018 $4,597 $609,100 $330,000 $279,100
2017 $4,270 $609,100 $330,000 $279,100
2016 $4,300 $609,100 $330,000 $279,100
2015 $4,293 $609,100 $330,000 $279,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 96154

Outer Banks Association of REALTORS®

APN: 115A-000-0016-0011