NOT LISTED FOR SALE

880 Lighthouse Dr Corolla, NC 27927

Estimated Value: $1,428,000 - $1,763,000

6 Beds
5.5 Baths
3,496 Sq Ft
$454/Sq Ft Est. Value

Last Sold December 22, 2017

Last sale price $840,000 $240 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $9,087/month

264 Days on Market

Highlights

  • Ocean Front
  • Second Refrigerator
  • Cathedral Ceiling
  • In Ground Pool
  • Contemporary Architecture
  • Hydromassage or Jetted Bathtub

About This Home

As of December 2017

MOTIVATED SELLERS! LOCATION, LOCATION, LOCATION...VIEWS, VIEWS, VIEWS! Gorgeous Large Windows capture the Stunning Ocean Views this Semi Oceanfront beauty has to offer. This meticulously maintained home with NEW Granite Kitchen Counters has room for everyone to spread out and all the amenities you could want. The Top Floor features 1 of 3 King Master Suites (2 of the 3 have Whirlpool Tubs for added luxury!), a half bathroom for guests and a Large, Open Floor Plan in the Great Room/Dining/Kitchen area to maximize the Ocean Views and Spacious rooms. The Kitchen has a Large Breakfast Bar that open to the Great Room with a Gas Fireplace and tons of room to spread out. There is also a large Dining Table, Additional Breakfast Nook area with Table for 4, and access to either the Screened in Porch or Sun Deck...both offering more Ocean Views! The Mid Level has a nice, large Den with a Sleeper Sofa and TV as well as 2 more King Master Bedrooms, a Queen Bedroom, a Bunk Room and a Hallway Full Bath. The Ground Floor keeps the entertainment going with a Game Room complete with Pool Table, 2nd Refrigerator and Wet Bar. There is also a Twin Bedroom and Full Bathroom on this level and access from the Game Room to the Outside Pool area. The Large Private Pool has tons of Deck Space AND a Separate Kiddie Pool (vinyl liner just replaced Dec. '14!)! Outside you will also find a Volleyball Court beside the Pool Area and a Basketball Goal in the front driveway. The 20,000 square foot lot gives you lots of room for privacy, and you are just steps from the Beach Walkway! This home is also just a quick bike or car ride from tons of shopping, entertainment, restaurants, and grocery! There are no HOA dues! IMPROVEMENTS Include: NEW Granite Kitchen Counters 2017; NEW Microwave 2017; NEW Sofa (with pull out bed) mid level 2017; NEW Refrigerator and Dishwasher 2016; NEW Pool Liner 2015; HD TVs master bedrooms 2015; painting partial interior 2014; NEW Washer and Dryer 2014; several windows replaced (Macko Construction) 2014; pool fence replaced 2013; Painted Exterior 2012; HD TV in family room 2012; stove, dishwasher, washing machine replaced 2011; hot water heaters replaced (2) 2011; electric meters boxes replaced 2011; carpet replaced 2010; hot tub new 2010; NEW HVAC units replaced inside air handlers and outside heat pumps (RA HOY - 1st unit 2011, 2nd unit 2017).*SEE RENTAL PROJECTION IN ASSOCIATED DOCS OF OVER $92,000/YEAR...OWNERS DO NOT RENT YEAR ROUND AND HAVE ROOM TO GROW!*

Last Agent to Sell the Property

Heather Sakers

Coldwell Banker Seaside Realty KH License #255119 Listed on: 03/17/2017

Coldwell Banker Seaside Realty KH

Co-Listed By

Charles Gill

Coldwell Banker Seaside Realty KH License #273660

Last Buyer's Agent

Daniel LaRue

Corolla Beach Realty License #257370

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,407

Year Built

  • Built in 1997

Lot Details

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

Home Design

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

Interior Spaces

  • 3,496 Sq Ft Home
  • Wet Bar
  • Furnished
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Family Room
  • Game Room
  • Screened Porch
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Second Refrigerator
  • Ice Maker
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

  • Paved Parking
  • Off-Street Parking

Pool

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

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Exterior Lighting

Utilities

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

Community Details

  • Built by Shore Line Builders
  • Whalehead Club Subdivision

Listing and Financial Details

  • Tax Lot 17

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,407

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary, Reverse Floor Plan
  • Directions: E. on Bonita St. South on Corolla Dr. between Carol & Sailfish St.
  • Extras: Ceiling Fan(s), Common Laundry Area, Covered Decks, Hot Tub, Jet Tub, Landscaped, Outside Lighting, Outside Shower, Screened Porch, Smoke Detector(s), Sun Deck
  • Flood Zone: AE
  • Headline: MOTIVATED SELLERS!
  • Heated Sq Ft: 3496
  • L V T Date: 03/17/2017
  • Roads: Paved
  • Sale/Rent: For Sale
  • Section: 11
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: RES
  • Deed Book Pg Number: 792
  • Office License Number: C7166
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer, 2nd Refrigerator
  • Bedrooms: 6
  • Bedroom 1: King Mstr, On Level: 3
  • Bedroom 2: King Mstr, On Level: 2
  • Bedroom 3: King Mstr, On Level: 2
  • Bedroom 4: Queen, On Level: 2
  • Bedroom 5: Duo/TR, On Level: 2
  • Bedroom 6: Dbl Beds, On Level: 1
  • Kitchen: Ocean View, On Level: 3
  • Countertops: Granite
  • Floor Coverings: Carpet, Ceramic Tile, Vinyl
  • Foundation: Piling, Slab
  • Full Bathrooms: 5
  • Furnishings Available: Yes
  • Interior Amenities: Beamed Ceiling(s), Cathedral Ceiling(s), Gas Fireplace, Ensuite, Pantry, Some Windows Treated, Wet Bar
  • Dining Room: Ocean View, On Level: 3
  • Family Room: On Level: 2
  • Game Room: Pool Table, On Level: 1
  • Living Room: Ocean View, On Level: 3
  • Optional Rooms: Game Room
  • Partial Bathrooms: 1

Exterior Features

  • Homebuilder: Shore Line Builders
  • Construction: Frame, Wood
  • Covered Deck Size: Hot Tub!
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Vinyl, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 100
  • Sun Deck Size: Ocean View
  • View: Ocean

Garage/Parking

  • Garage: Carport
  • Parking: Paved, Off Street

Utilities

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

Condo/Co-op/Association

  • Home Owner Dwelling Insurance: 1060

Lot Info

  • Estimated Lot Sq Ft: 20000
  • Lot Description: Level
  • Lot Faces: E
  • Lot Size: 100x200
  • Lot Number: Lot 17
  • Deed Book: 81

Rental Info

  • Est Annual Rental Income: 92315
  • Estimated Rental Performance: 0.1099
  • Flood Expenses: 1897
  • Lease Terms: Weekly
  • Other Expenses: 450
  • Other Expenses2: 75
  • Poolspa Expense: 4500
  • Rental Co: Twiddy and Company
  • Rental Cottage Name: Easy Does It
  • Rental Cottage Number: J20880
  • Rental Phone Number: 457-1100
  • Rental Turnover Day: SUN
  • Yearly Expense Actual Estimate: Actual
  • Annual Electric: 2969
  • Annual Water Expense: 900

Building Info

  • Year Built: 1997

Tax Info

  • Year: 2016
  • Taxes: 5407.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 22, 2019
Sold by
Mccaffrey John F and Mccaffrey Tracie L
Bought by
Obx880 Llc
Current Estimated Value
$1,588,835

Purchase Details

Listed on
Mar 17, 2017
Closed on
Dec 11, 2017
Sold by
Chapman Richard A and Chapman Renee C
Bought by
Mccarrey John F and Mccarrey Tracie L
Seller's Agent
Heather Sakers
Coldwell Banker Seaside Realty KH
Buyer's Agent
Daniel LaRue
Corolla Beach Realty
List Price
$874,900
Sold Price
$840,000
Premium/Discount to List
-$34,900
-3.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.49%
Original Mortgage
$424,100
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 16, 2004
Bought by
Chapman Richard A and Chapman Renee C
Source: Public Records

Range of Values:

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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
Obx880 Llc -- None Available
Mccarrey John F $840,000 None Available
Chapman Richard A $1,450,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mccarrey John F $424,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/22/2017 12/22/17 Sold $840,000 -4.0% $240 / Sq Ft
12/06/2017 12/06/17 Pending -- -- --
07/14/2017 07/14/17 For Sale $874,900 0.0% $250 / Sq Ft
07/07/2017 07/07/17 Pending -- -- --
06/02/2017 06/02/17 Price Changed $874,900 -2.7% $250 / Sq Ft
03/17/2017 03/17/17 For Sale $899,000 -- $257 / 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 $7,951 $893,600 $400,000 $493,600
2023 $7,951 $893,600 $400,000 $493,600
2022 $6,717 $893,600 $400,000 $493,600
2021 $6,702 $775,800 $330,000 $445,800
2020 $5,912 $775,800 $330,000 $445,800
2019 $5,897 $775,800 $330,000 $445,800
2018 $5,779 $775,800 $330,000 $445,800
2017 $5,368 $775,800 $330,000 $445,800
2016 $5,407 $775,800 $330,000 $445,800
2015 $5,378 $775,800 $330,000 $445,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 95657

Outer Banks Association of REALTORS®

APN: 115A-000-0017-0011