NOT LISTED FOR SALE

890 Lighthouse Dr Corolla, NC 27927

Corolla Neighborhood

Estimated Value: $2,451,000 - $4,025,961

7 Beds
3.5 Baths
3,200 Sq Ft
$1,011/Sq Ft Est. Value

Last Sold April 17, 2020

Last sale price $515,000 $161 Per Sq Ft

Est. 528% increase in value since last sale

Current estimated payment $19,039/month

239 Days on Market

Highlights

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

About This Home

As of April 2020

7BR/3.1BA Semi-Oceanfront rental machine has been updated over the years to keep vacationers coming back for more! This home was recently redecorated with a coastal feel throughout. Relax in the hot tub, enjoy the private pool and wide beaches of Whalehead. "Corolla Fun" is a relaxing vacation home with excellent Ocean views and great cash-flow. Now in an X Flood Zone.

Last Agent to Sell the Property

Leslie Gilmore

Great Escapes Vacations & Sales License #198088 Listed on: 07/05/2019

Co-Listed By

Connie Mason

Salty-Fin Realty, LLC License #206187

Last Buyer's Agent

Brook Sparks

Coldwell Banker Seaside Realty KH License #275425

Coldwell Banker Seaside Realty KH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,783

Year Built

  • Built in 1986

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 100 x 200
  • Ocean Front
  • Property fronts a private road
  • Level Lot
  • Property is zoned AE

Parking

  • Off-Street Parking

Home Design

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

Interior Spaces

  • 3,200 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Pool

  • Fiberglass Pool
  • Outdoor Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Covered Deck

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 22

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,783

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary, Reverse Floor Plan
  • Directions: East onto Bonito from Ocean Trail. Right onto Lighthouse to 890- Home is semi-Oceanfront
  • Extras: Ceiling Fan(s), Covered Decks, Hot Tub, Jet Tub, Outside Shower, Smoke Detector(s), Sun Deck
  • Flood Zone: X
  • Headline: Semi OF - Strong Rentals
  • Heated Sq Ft: 3200
  • L V T Date: 07/05/2019
  • Roads: Paved, Private, Public
  • Sale/Rent: For Sale
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: AE
  • Advertised Income 2020: 38390
  • Deed Book Pg Number: 412
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C19850
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer, 2nd Refrigerator
  • Bedrooms: 7
  • Countertops: Laminate
  • Floor Coverings: Carpet, Ceramic Tile, Vinyl
  • Foundation: Piling, Slab
  • Full Bathrooms: 3
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Ice Maker Connection, Washer Connection
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Wood
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, Fiberglass, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Garage: Carport
  • Parking: Off Street

Utilities

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

Lot Info

  • Estimated Lot Sq Ft: 20000
  • Lot Description: Level
  • Lot Size: 100 x 200
  • Lot Number: Lot 22
  • Estimated Lot Size: 0.46
  • Deed Book: 1483

Rental Info

  • Est Annual Rental Income: 68125
  • Estimated Rental Performance: 0.1323
  • Lease Terms: Weekly
  • Rental Co: Twiddy and Company
  • Rental Cottage Name: Corolla Fun
  • Rental Cottage Number: J20890
  • Rental Phone Number: 457-1100
  • Rental Turnover Day: Sunday
  • Rental Contact Email: jkavanagh@twiddy.com
  • Rental Contact Name: Jen Kavanaugh
  • Rental Contact Phone: 2524571100

Building Info

  • Year Built: 1986

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2018
  • Taxes: 4783.2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 22, 2025
Sold by
Nadeem Rahman Obx Llc
Bought by
Rahman Nadeem
Current Estimated Value
$3,234,740

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Outstanding Balance
$2,992,023
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$242,717

Purchase Details

Closed on
Nov 1, 2021
Sold by
Rahman Nadeem A and Rahman Shazia Nadeem
Bought by
Nadeem Rahman Obx Llc

Purchase Details

Listed on
Jul 5, 2019
Closed on
Mar 13, 2020
Sold by
Rivera Michael J and Rivera Aimee B
Bought by
Rahman Nadeem A
Seller's Agent
Leslie Gilmore
Great Escapes Vacations & Sales
Buyer's Agent
Brook Sparks
Coldwell Banker Seaside Realty KH
List Price
$699,000
Sold Price
$515,000
Premium/Discount to List
-$184,000
-26.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.80%
Original Mortgage
$463,500
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 17, 2019
Sold by
Jornica I Llc
Bought by
Rivera Michael J and Rivera Aimee B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 14, 2009
Sold by
Jornica Ii Llc
Bought by
Jornica I Llc

Purchase Details

Closed on
Feb 26, 2007
Sold by
Rivera Michael J and Rivera Aimee B
Bought by
Jornica Ii Llc
Source: Public Records

Range of Values:

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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
Rahman Nadeem -- None Listed On Document
Nadeem Rahman Obx Llc -- None Available
Rahman Nadeem A $515,000 None Available
Rivera Michael J -- None Available
Jornica I Llc -- None Available
Jornica Ii Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rahman Nadeem $3,000,000
Previous Owner Rahman Nadeem A $463,500
Previous Owner Rivera Michael J $440,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2020 04/17/20 Sold $515,000 -12.6% $161 / Sq Ft
02/29/2020 02/29/20 Pending -- -- --
01/02/2020 01/02/20 Price Changed $589,000 -1.7% $184 / Sq Ft
11/01/2019 11/01/19 Price Changed $599,000 -6.3% $187 / Sq Ft
10/04/2019 10/04/19 Price Changed $639,000 -1.5% $200 / Sq Ft
08/29/2019 08/29/19 Price Changed $649,000 -3.0% $203 / Sq Ft
08/07/2019 08/07/19 Price Changed $669,000 -4.3% $209 / Sq Ft
07/05/2019 07/05/19 For Sale $699,000 -- $218 / 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 $16,964 $1,939,500 $400,000 $1,539,500
2023 $16,964 $1,939,500 $400,000 $1,539,500
2022 $14,281 $1,939,500 $400,000 $1,539,500
2021 $3,157 $625,400 $330,000 $295,400
2020 $4,783 $625,400 $330,000 $295,400
2019 $4,783 $625,400 $330,000 $295,400
2018 $4,783 $625,400 $330,000 $295,400
2017 $4,443 $625,400 $330,000 $295,400
2016 $4,475 $625,400 $330,000 $295,400
2015 $4,475 $625,400 $330,000 $295,400
Source: Public Records

Agents Affiliated with this Home

  • Leslie Gilmore

    Seller's Agent in 2020

    Leslie Gilmore

    Great Escapes Vacations & Sales

    (252) 267-0968

    11 in this area

    123 Total Sales

    Leslie Gilmore
    Section Image

  • C

    Seller Co-Listing Agent in 2020

    Connie Mason

    Salty-Fin Realty, LLC

    (252) 216-8257

    7 in this area

    92 Total Sales

    Connie Mason
    Section Image
  • Brook Sparks

    Buyer's Agent in 2020

    Brook Sparks

    Coldwell Banker Seaside Realty KH

    (252) 619-1177

    17 in this area

    160 Total Sales

    Brook Sparks
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 105731

Outer Banks Association of REALTORS®

APN: 115A-000-0022-0011

North Carolina Currituck County Corolla 27927 Corolla

890 Lighthouse Dr, Corolla, NC

This home is located at 890 Lighthouse Dr, Corolla, NC 27927 since 05 July 2019 and is currently estimated at $3,234,740, approximately $1,010 per square foot. This property was built in 1986. 890 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.

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