NOT LISTED FOR SALE

887 Lighthouse Dr Corolla, NC 27927

Estimated Value: $2,382,224 - $2,823,000

7 Beds
9 Baths
4,746 Sq Ft
$554/Sq Ft Est. Value

Last Sold April 29, 2014

Last sale price $1,600,000 $337 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $14,934/month

302 Days on Market

Highlights

  • Ocean Front
  • In Ground Pool
  • Wood Flooring
  • Beach Access
  • Cathedral Ceiling
  • Furnished

About This Home

As of April 2014

OCEANFRONT!!! Just reduced to 1,700,000. Enjoy the ocean views and amenities offered by the "Painted Lady"! Coastal decor, an ideal location, and conveniences make this home a favorite. Newly painted exterior, most appliances updated recently as well as hot water heater, a/c, etc. New flat screens tv's, sound system, and more. A strong rental history too! 175K Gross for 2013

Last Agent to Sell the Property

Four Seasons Realty

Four Seasons Realty License #177785 Listed on: 05/16/2013

Co-Listed By

Robert Konstanzer

Four Seasons Realty License #189406

Last Buyer's Agent

Hugh Willey

Sun Realty - KDH License #238260

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,334

Year Built

  • Built in 1996

Lot Details

  • 0.8

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction

Interior Spaces

  • 4,746 Sq Ft Home
  • Elevator
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Game Room
  • Ocean Views

Kitchen

  • Built-In Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Spa

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Private or Community Septic Tank

Additional Features

  • Beach Access
  • Ocean Front

Community Details

  • Whalehead Club Subdivision

Listing and Financial Details

  • Tax Lot : 6

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,334

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Extras: Beach Access, Ceiling Fan(s), Elevator, Hot Tub
  • Headline: Oceanfront 175K Actual Income
  • Heated Sq Ft: 4746
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: 11
  • Waterfront Location: Oceanfront
  • Zoning: Res
  • Deed Book Pg Number: 318
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Countertop Range, Dishwasher, Dryer, Refrigerator, Washer
  • Bedrooms: 7
  • Floor Coverings: Carpet, Tile, Wood
  • Foundation: Piling
  • Full Bathrooms: 7
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Gas Connection, Gas Fireplace, Washer Connection
  • Optional Rooms: Game Room
  • Partial Bathrooms: 2

Exterior Features

  • Construction: Frame
  • Pool: Yes
  • Pool Type: Outdoor, In Ground
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Utilities

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

Lot Info

  • Lot Description: Water Frontage
  • Lot Number: Lot: 6
  • Deed Book: 1103

Rental Info

  • Est Annual Rental Income: 174243
  • Estimated Rental Performance: 0.1089
  • Lease Terms: Weekly
  • Other Expenses: 2
  • Rental Co: Twiddy and Company
  • Rental Cottage Name: Painted Lady
  • Rental Cottage Number: J10887
  • Rental Turnover Day: Sun

Building Info

  • Year Built: 1996

Tax Info

  • Year: 2013
  • Taxes: 10334

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 4, 2019
Sold by
Beck Thomas M and Beck Mary C
Bought by
887 Lighthouse Llc
Current Estimated Value
$2,630,408

Purchase Details

Listed on
May 16, 2013
Closed on
Apr 25, 2014
Sold by
Painted Lady Llc
Bought by
Beck Thomas M and Beck Mary C
Seller's Agent
Four Seasons Realty
Four Seasons Realty
Buyer's Agent
Hugh Willey
Sun Realty - KDH
List Price
$1,899,000
Sold Price
$1,600,000
Premium/Discount to List
-$299,000
-15.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.35%
Original Mortgage
$1,000,000
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 2009
Sold by
Hoyt J Anthony and Hoyt Frances S
Bought by
Painted Lady Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
887 Lighthouse Llc -- None Available
Beck Thomas M $1,600,000 None Available
Painted Lady Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Beck Thomas M $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2014 04/29/14 Sold $1,600,000 -15.7% $337 / Sq Ft
03/14/2014 03/14/14 Pending -- -- --
05/16/2013 05/16/13 For Sale $1,899,000 -- $400 / 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 $13,819 $1,610,500 $1,094,800 $515,700
2024 $13,819 $1,610,500 $1,094,800 $515,700
2023 $13,803 $1,610,500 $1,094,800 $515,700
2022 $11,628 $1,610,500 $1,094,800 $515,700
2021 $11,631 $1,353,600 $833,000 $520,600
2020 $9,996 $1,353,600 $833,000 $520,600
2019 $9,996 $1,353,600 $833,000 $520,600
2018 $9,996 $1,353,600 $833,000 $520,600
2017 $9,287 $1,353,600 $833,000 $520,600
2016 $9,356 $1,353,600 $833,000 $520,600
2015 $9,293 $1,353,600 $833,000 $520,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 79125

Outer Banks Association of REALTORS®

APN: 115A-000-0006-0011