NOT LISTED FOR SALE

879 Lighthouse Dr Corolla, NC 27927

Estimated Value: $3,126,000 - $3,863,000

8 Beds
11 Baths
7,400 Sq Ft
$478/Sq Ft Est. Value

Last Sold April 08, 2020

Last sale price $2,046,000 $276 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $20,176/month

351 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Cabana
  • Community Beach Access
  • Home Theater
  • Second Refrigerator

About This Home

As of April 2020

On pace for $220,000 in advertised income for 2020. Truly an elegantly beautiful home positioned at one the highest elevation on the entire oceanfront in all of Corolla!!! Built in 2009 by a well respected true Outer Banks builder O.C Fulcher. If you are looking for the perfect investment / Beach house then this is your "Grande Finnale"! This eight bedroom home is complete with a theater room, game room, "gamers video room", expansive outdoor pool area with heated pool and hot tub. WIDE OPEN main living area with unobstructed ocean views all around to enjoy year round. Professionally landscaped complete with irrigation sprinkler system. Looking for a great investment but NOT looking to do a full renovation...….look no further than the "Grande Finnale".

Last Agent to Sell the Property

Tim Lancsek

Surfside Realty License #210399 Listed on: 04/06/2019

Surfside Realty

Last Buyer's Agent

Cara Muglia

SERHANT North Carolina LLC License #236062

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,874

Year Built

  • Built in 2009

Lot Details

  • Beach Front
  • 100 Feet of Waterfront
  • Landscaped
  • Sprinkler System

HOA Fees

  • $6 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Reverse Style Home
  • Asphalt Shingled Roof
  • Wood Siding
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 7,400 Sq Ft Home
  • Elevator
  • Wet Bar
  • Furnished
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Entrance Foyer
  • Home Theater
  • Game Room
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Built-In Range
  • Microwave
  • Second Refrigerator
  • Freezer
  • Ice Maker
  • Second Dishwasher
  • Wood Countertops

Flooring

  • Engineered Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Parking

  • Tuck Under Parking
  • Paved Parking

Pool

  • Cabana
  • Heated In Ground Pool
  • Outdoor Pool
  • Vinyl Pool
  • Spa
  • Outdoor Shower

Utilities

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

Additional Features

  • Handicap Accessible
  • Exterior Lighting

Listing and Financial Details

  • Tax Lot lot 11

Community Details

Overview

  • Association fees include walkways
  • Built by O.C. Fulcher
  • Whalehead Club Subdivision

Recreation

  • Community Boardwalk
  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,874

Year Built

Built in 2009

Lot Details

0

HOA Fees

$6 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Nags Head, Coastal
  • Extras: Beach Access, Boardwalk to Beach, Cabana, Ceiling Fan(s), Common Laundry Area, Elevator, Handicap Friendly, Hot Tub, Landscaped, Lawn Sprinklers, Outside Lighting, Outside Shower, Smoke Detector(s)
  • Flood Zone: X
  • Headline: BIG, OPEN, BEAUTIFUL!!!!!!!!
  • Heated Sq Ft: 7400
  • L V T Date: 04/06/2019
  • Roads: Public
  • Sale/Rent: For Sale
  • Section: 11
  • Waterfront Location: Oceanfront
  • Zoning: Residentia
  • Advertised Income 2020: 201205
  • Deed Book Pg Number: 0089
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C21933
  • 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, Freezer, Microwave, Range/Oven, Refrigerator, Refrigerator w/Ice Maker, Washer, 2nd Dishwasher, 2nd Refrigerator
  • Bedrooms: 8
  • Kitchen: 21x15
  • Countertops: Wood, Solid Surface
  • Floor Coverings: Carpet, Tile, Wood, Engineered Wood
  • Foundation: Piling
  • Full Bathrooms: 8
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, All Window Treatments, Beamed Ceiling(s), Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Pantry, Washer Connection, Wet Bar
  • Dining Room: 15x14
  • Living Room: 23x21
  • Optional Rooms: Breakfast Nook, Foyer, Game Room, Office, Pantry, Home Theater, Media Room
  • Partial Bathrooms: 3

Exterior Features

  • Homebuilder: O.C. Fulcher
  • Construction: Wood
  • Exterior: Shakes, Wood
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Vinyl, Heated, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 100
  • View: Ocean
  • Water Frontage: 100

Garage/Parking

  • Parking: Paved, Under

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Walkways
  • Association Amenities: Ocean Access
  • Association Fee: Voluntary - Restrictive Covenants May Apply
  • Estimated Annual Fee: 75

Lot Info

  • Lot Description: Beach Frontage, Water Frontage
  • Lot Faces: West
  • Lot Number: lot 11
  • Deed Book: 1138

Rental Info

  • Lease Terms: Weekly
  • Rental Co: Twiddy and Company
  • Rental Cottage Name: Grande Finnale
  • Rental Cottage Number: J10879
  • Rental Phone Number: 2524571200
  • Rental Turnover Day: Sunday

Building Info

  • Year Built: 2009

Tax Info

  • Year: 2018
  • Taxes: 11874

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2019
Closed on
Apr 8, 2020
Sold by
Dussek Steven P and Dussek Anne L
Bought by
Cathcart Robert B and Cathcart Mildred A
Seller's Agent
Tim Lancsek
Surfside Realty
Buyer's Agent
Cara Muglia
SERHANT North Carolina LLC
List Price
$2,399,000
Sold Price
$2,046,000
Premium/Discount to List
-$353,000
-14.71%
Current Estimated Value
$3,540,484

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,494,484
Avg. Annual Appreciation
10.44%

Purchase Details

Closed on
Jul 19, 2010
Sold by
Dussek Steven P and Dussek Anne L
Bought by
Dussek Steven P and Dussek Anne L

Purchase Details

Closed on
Jun 19, 2009
Sold by
Finn James S and Finn Jennifer J
Bought by
Dussek Steve and Dussek Annie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,440,000
Interest Rate
4.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 6, 2008
Sold by
Vaughn Michael S and Vaughn Laura T
Bought by
Finn James S and Finn Jennifer J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,499,850
Interest Rate
6.37%
Mortgage Type
Construction
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cathcart Robert B $2,046,000 None Available
Dussek Steven P -- None Available
Dussek Steve $2,880,000 None Available
Finn James S $1,325,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dussek Steve $1,440,000
Previous Owner Finn James S $1,499,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/08/2020 04/08/20 Sold $2,046,000 -14.7% $276 / Sq Ft
03/22/2020 03/22/20 Pending -- -- --
07/26/2019 07/26/19 For Sale $2,399,000 0.0% $324 / Sq Ft
06/02/2019 06/02/19 Pending -- -- --
04/06/2019 04/06/19 For Sale $2,399,000 -- $324 / 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
2024 $16,789 $2,002,700 $1,094,800 $907,900
2023 $15,171 $2,002,700 $1,094,800 $907,900
2022 $14,134 $2,002,700 $1,094,800 $907,900
2021 $14,119 $1,701,700 $833,000 $868,700
2020 $12,293 $1,701,700 $833,000 $868,700
2019 $11,872 $1,642,300 $833,000 $809,300
2018 $11,872 $1,642,300 $833,000 $809,300
2017 $11,031 $1,642,300 $833,000 $809,300
2016 $11,113 $1,642,300 $833,000 $809,300
2015 $11,113 $1,642,300 $833,000 $809,300
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Outer Banks Association of REALTORS®

MLS Number: 104596

Outer Banks Association of REALTORS®

APN: 115A-000-0010-0011