NOT LISTED FOR SALE

888 Lighthouse Dr Corolla, NC 27927

Estimated Value: $950,000 - $1,329,000

4 Beds
3.5 Baths
2,300 Sq Ft
$505/Sq Ft Est. Value

Last Sold February 10, 2014

Last sale price $639,000 $278 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $6,625/month

44 Days on Market

Highlights

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

About This Home

As of February 2014

Well cared for, nicely maintained Semi-Oceanfront home with panoramic ocean views. Great location. Close to beach access. Numerous wood accent walls, wainscoting and great room cathedral ceiling. New pool addition rounds out the complete package. Nice rental income or great second year round home. Elevated ground level for insured protection.

Last Agent to Sell the Property

Ronald Barrett

Brindley Beach Vacations & Sales - Cor License #94054 Listed on: 11/12/2013

Last Buyer's Agent

Susan Von Suskil

Howard Hanna Outer Banks Realt License #170335

Howard Hanna Outer Banks Realt

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,796

Year Built

  • Built in 1990

Lot Details

  • Lot Dimensions are 100x200
  • Ocean Front
  • Landscaped
  • Irregular Lot

Home Design

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

Interior Spaces

  • 2,300 Sq Ft Home
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Window Treatments
  • Entrance Foyer
  • Library
  • Loft
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Carport
  • Tuck Under Parking

Pool

  • In Ground Pool
  • Spa
  • Outdoor Shower
  • Gunite Pool

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Exterior Lighting

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District Water
  • Private Sewer

Community Details

  • Built by David Price/N Bch Builders
  • Whalehead Club Subdivision

Listing and Financial Details

  • Tax Lot #21

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,796

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary, Reverse Floor Plan
  • Directions: Hwy 12 N, right on Bonito, right on Lighthouse-2 blocks on right.
  • Extras: Ceiling Fan(s), Covered Decks, Hot Tub, Jet Tub, Landscaped, Outside Lighting, Outside Shower, Smoke Detector(s), Sun Deck
  • Flood Zone: AE
  • Subdivision Name: Whalehead Club
  • Headline: CLEAN, AFFORDABLE SEMI-OCEAN
  • Heated Sq Ft: 2300
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: 11
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: Res
  • Deed Book Pg Number: 0791
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Ice Machine, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 4
  • Countertops: Laminate
  • Floor Coverings: Carpet, Ceramic Tile
  • Foundation: Piling
  • Full Bathrooms: 3
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Dryer Connection, Ice Maker Connection, Ensuite, Some Windows Treated, Washer Connection, Wet Bar, Wood Fireplace
  • Optional Rooms: Foyer, Library/Study, Loft
  • Partial Bathrooms: 1

Exterior Features

  • Homebuilder: David Price/N Bch Builders
  • Construction: Frame, Wood
  • Exterior: Lap Siding, Wood
  • Pool: Yes
  • Pool Type: Outdoor, In Ground, Gunite
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 100
  • View: Ocean

Garage/Parking

  • Garage: 3 + Car, Carport
  • Parking: Paved, Under

Utilities

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

Condo/Co-op/Association

  • Home Owner Dwelling Insurance: 2170

Lot Info

  • Lot Description: Irregular Terrain
  • Lot Faces: E
  • Lot Size: 100x200
  • Lot Number: Lot #21
  • Deed Book: 0484

Rental Info

  • Est Annual Rental Income: 52746
  • Estimated Rental Performance: 0.0825
  • Flood Expenses: 1400
  • Lease Terms: Weekly
  • Maintenance Expenses: 900
  • Poolspa Expense: 2100
  • Rental Co: Carolina Shores
  • Rental Cottage Name: Casa De Luz
  • Rental Cottage Number: WH888
  • Rental Phone Number: 252-715-1901
  • Rental Turnover Day: Sat
  • Yearly Expense Actual Estimate: Actual
  • Annual Electric: 2055
  • Annual Water Expense: 756

Building Info

  • Year Built: 1990

Tax Info

  • Year: 2013
  • Taxes: 3796

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2013
Closed on
Feb 5, 2014
Sold by
Realty Exchange Corporation Qi and Wander Gregory A
Bought by
Thompson Todd and Thompson Colleen
Seller's Agent
Ronald Barrett
Brindley Beach Vacations & Sales - Cor
Buyer's Agent
Susan Von Suskil
Howard Hanna Outer Banks Realt
List Price
$645,000
Sold Price
$639,000
Premium/Discount to List
-$6,000
-0.93%
Current Estimated Value
$1,162,575

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$523,575
Avg. Annual Appreciation
5.17%
Original Mortgage
$417,000
Outstanding Balance
$315,329
Interest Rate
4.51%
Mortgage Type
New Conventional
Estimated Equity
$847,246
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Thompson Todd $639,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thompson Todd $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/10/2014 02/10/14 Sold $639,000 -0.9% $278 / Sq Ft
12/26/2013 12/26/13 Pending -- -- --
11/12/2013 11/12/13 For Sale $645,000 -- $280 / 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 $6,412 $711,900 $400,000 $311,900
2024 $6,412 $711,900 $400,000 $311,900
2023 $6,396 $664,800 $400,000 $264,800
2022 $5,074 $664,800 $400,000 $264,800
2021 $5,059 $570,900 $330,000 $240,900
2020 $4,380 $570,900 $330,000 $240,900
2019 $4,380 $570,900 $330,000 $240,900
2018 $4,380 $570,900 $330,000 $240,900
2017 $4,068 $570,900 $330,000 $240,900
2016 $4,066 $570,900 $330,000 $240,900
2015 $4,066 $570,900 $330,000 $240,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 81337

Outer Banks Association of REALTORS®

APN: 115A-000-0021-0011