NOT LISTED FOR SALE

886 Lighthouse Dr Corolla, NC 27927

Estimated Value: $1,405,000 - $1,767,003

5 Beds
4.5 Baths
3,679 Sq Ft
$433/Sq Ft Est. Value

Last Sold March 31, 2015

Last sale price $700,000 $190 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $9,088/month

328 Days on Market

Highlights

  • Ocean Front
  • Outdoor Pool
  • Furnished
  • Beach Access
  • Cathedral Ceiling
  • Granite Countertops

About This Home

As of March 2015

This exceptional semi-oceanfront retreat is a must-see! This home boasts over 3600 SF and is downright spacious. Three separate bright living areas, 2 with fireplaces, can accommodate large gatherings or allow for privacy. Walk right outside the screened porch to enjoy the extensive ocean views. Relaxing in the sun is no problem as this home has large, wide decks on three sides. “Lee Shore Lee” is ready to entertain with a billiards room, wet bar, and an enclosed mid-level hot tub area. Right outside sits a picturesque gazebo nestled next to a large saltwater pool. Whalehead beach is top rated in Corolla, and this home is only 425 steps to the beach access!

Last Agent to Sell the Property

Andrew Darling

Keller Williams - Outer Banks License #211211 Listed on: 02/28/2014

Keller Williams - Outer Banks

Last Buyer's Agent

Sandra LaRue

Corolla Beach Realty License #244093

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,798

Year Built

  • Built in 1989

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 200x100
  • Ocean Front
  • Level Lot

Home Design

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

Interior Spaces

  • 3,679 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • Game Room
  • Screened Porch
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • Paved Parking
  • Off-Street Parking

Pool

  • Outdoor Pool
  • Spa

Outdoor Features

  • Beach Access
  • Sun Deck
  • Covered Deck
  • Gazebo

Utilities

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

Community Details

  • Whalehead Club Subdivision

Listing and Financial Details

  • Tax Lot lot 20

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,798

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Extras: Beach Access, Ceiling Fan(s), Covered Decks, Gazebo, Hot Tub, Screened Porch, Smoke Detector(s), Sun Deck
  • Flood Zone: AE
  • Subdivision Name: Whalehead Club
  • Headline: Sunrise to Sunset Views!
  • Heated Sq Ft: 3679
  • Roads: Paved
  • Sale/Rent: For Sale
  • Section: 11
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: res
  • Deed Book Pg Number: 911
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 5
  • Countertops: Granite
  • Floor Coverings: Carpet, Ceramic Tile, Wood Laminate
  • Foundation: Piling
  • Full Bathrooms: 4
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Some Windows Treated
  • Optional Rooms: Game Room
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame
  • Exterior: Lap Siding
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Parking: Paved, Off Street

Utilities

  • Cooling: Central, Heat Pump, Zoned
  • Heating: Central, Heat Pump, Zoned
  • Oilgas Severed Pre Owner: No Representation
  • Sewer/Septic System: Private Septic
  • Water: Municipal

Condo/Co-op/Association

  • Home Owner Dwelling Insurance: 5155

Lot Info

  • Estimated Lot Sq Ft: 20000
  • Lot Description: Level
  • Lot Size: 200x100
  • Lot Number: lot 20
  • Deed Book: 1276

Rental Info

  • Est Annual Rental Income: 60475
  • Estimated Rental Performance: 0.0864
  • Flood Expenses: 1792
  • Other Expenses: 330000
  • Poolspa Expense: 2600
  • Rental Co: Seaside Vacations
  • Rental Cottage Name: Lee Shore Lee
  • Rental Cottage Number: 1240
  • Rental Phone Number: 866-884-0267
  • Rental Turnover Day: Sat
  • Yearly Expense Actual Estimate: Actual
  • Annual Cable TV Expense: 1417
  • Annual Electric: 1901
  • Annual Water Expense: 562

Building Info

  • Year Built: 1989

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2013
  • Taxes: 4798

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2014
Closed on
Mar 12, 2015
Sold by
The Corporation Of Mercer University
Bought by
Oliva Michael A and Oliva Aimee R
Seller's Agent
Andrew Darling
Keller Williams - Outer Banks
Buyer's Agent
Sandra LaRue
Corolla Beach Realty
List Price
$799,000
Sold Price
$700,000
Premium/Discount to List
-$99,000
-12.39%
Current Estimated Value
$1,593,251

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$893,251
Avg. Annual Appreciation
8.11%
Original Mortgage
$417,000
Outstanding Balance
$321,605
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$1,271,646

Purchase Details

Closed on
Sep 5, 2006
Sold by
Bowers Roberta L
Bought by
Bowers Robet Lee and Robert Lee Bowers Revocable Trust
Source: Public Records

Range of Values:

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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
Oliva Michael A $700,000 None Available
Bowers Robet Lee -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oliva Michael A $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2015 03/31/15 Sold $700,000 -12.4% $190 / Sq Ft
01/22/2015 01/22/15 Pending -- -- --
02/28/2014 02/28/14 For Sale $799,000 -- $217 / 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 $7,693 $886,600 $400,000 $486,600
2023 $7,693 $819,900 $400,000 $419,900
2022 $6,044 $819,900 $400,000 $419,900
2021 $6,029 $721,000 $330,000 $391,000
2020 $5,353 $721,000 $330,000 $391,000
2019 $5,197 $698,800 $330,000 $368,800
2018 $5,197 $698,800 $330,000 $368,800
2017 $4,948 $698,200 $330,000 $368,200
2016 $4,825 $690,200 $330,000 $360,200
2015 $4,766 $681,000 $330,000 $351,000
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2015

    Andrew Darling

    Keller Williams - Outer Banks

    Section Image
  • Sandra LaRue

    Buyer's Agent in 2015

    Sandra LaRue

    Corolla Beach Realty

    (252) 435-5379

    47 in this area

    78 Total Sales

    Sandra LaRue
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 82480

Outer Banks Association of REALTORS®

APN: 115A-000-0020-0011

North Carolina Currituck County Corolla 27927

886 Lighthouse Dr, Corolla, NC

This home is located at 886 Lighthouse Dr, Corolla, NC 27927 since 28 February 2014 and is currently estimated at $1,593,251, approximately $433 per square foot. This property was built in 1989. 886 Lighthouse Dr is a home located in Currituck County with nearby schools including Knotts Island Elementary School, Currituck County Middle School, and Currituck County High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Outer Banks Association of REALTORS® 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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