NOT LISTED FOR SALE

894 Lighthouse Dr Corolla, NC 27927

Corolla Neighborhood

Estimated Value: $1,178,000 - $1,494,000

4 Beds
3 Baths
2,300 Sq Ft
$568/Sq Ft Est. Value

Last Sold September 15, 2020

Last sale price $660,000 $287 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $7,924/month

14 Days on Market

Highlights

  • Community Beach Access
  • In Ground Pool
  • Wood Flooring
  • Ocean Front
  • Cathedral Ceiling
  • Corner Lot

About This Home

As of September 2020

LOCATION LOCATION LOCATION that's what everyone wants - This fantastic beach house is semi oceanfront in much desired Whalehead Club Subdivision. DIRECT BEACH access. Overwhelming ocean views from the massive decking. Rented as a 4 bedroom but septic is permitted for 6 Bedrooms !! (POTENTIAL to increase income also) Owners have taken over renting this home and increased rentals to over $75,000. Furthermore, owners have offered to continue renting this home for new owners. (For details you will be referred to speak with owners). NEW ROOF Top level is expansive and spacious offering 2 living rooms, dining room, kitchen, fireplace, screened porch and Master Bedroom. Level 2 offers 3 bedrooms and 2 baths. Bottom level laundry area. Pool, Hot Tub/ outdoor shower large storage room. Excellent maintenance by owners, upgraded furniture where needed, beds, bedding,decor and new pool liner to name a few. Good News it is rented solid but can accommodate showings on turnover day if coordinated with agent and cleaners. Masks and hand sanitizer required. This is the location you need to see to believe.

Last Agent to Sell the Property

Joanne Kepler

Beach Realty & Construction- Corolla License #190335 Listed on: 06/11/2020

Last Buyer's Agent

Four Seasons Realty

Four Seasons Realty License #177785

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,610

Year Built

  • Built in 1988

Lot Details

  • Ocean Front
  • Corner Lot

HOA Fees

  • $4 Monthly HOA Fees

Home Design

  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Lap Siding
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 2,300 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Window Treatments
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Cedar Closet
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Tuck Under Parking
  • Paved Parking

Pool

  • In Ground Pool
  • Outdoor 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
  • Private or Community Septic Tank

Listing and Financial Details

  • Tax Lot 24

Community Details

Overview

  • Association fees include management
  • Whalehead Club Subdivision

Recreation

  • Community Boardwalk
  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,610

Year Built

Built in 1988

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: Turn right on Bonita Street, take right onto Lighthouse Dr. House on right next to beach access.
  • Extras: Beach Access, Covered Decks, Hot Tub, Outside Lighting, Outside Shower, Smoke Detector(s), Sun Deck, Dry Entry, Inside Laundry Room
  • Flood Zone: X
  • Subdivision Name: Whalehead Club
  • Headline: LOCATION, LOCATION, LOCATION!
  • Heated Sq Ft: 2300
  • L V T Date: 06/11/2020
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: RES
  • Advertised Income 2020: 75888
  • Deed Book Pg Number: 124
  • Destination Commerce Corp: Yes
  • Office License Number: C3297
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 4
  • Countertops: Laminate
  • Floor Coverings: Carpet, Tile, Wood
  • Foundation: Piling
  • Full Bathrooms: 3
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Cedar Closet(s), Dryer Connection, Ice Maker Connection, Ensuite, Skylight, Some Windows Treated, Walk in Closet, Washer Connection, Wood Fireplace, 1st Flr Ensuite

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Lap Siding, Cement Fiber Board
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Parking: Paved, Under

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Management
  • Association Amenities: Ocean Access, Board Walk
  • Association Fee: Voluntary - Restrictive Covenants May Apply
  • Estimated Annual Fee: 50
  • Home Owner Dwelling Insurance: 674

Lot Info

  • Lot Description: Corner
  • Lot Number: Lot 24
  • Deed Book: 1401

Rental Info

  • Est Annual Rental Income: 75888
  • Estimated Rental Performance: 0.115
  • Flood Expenses: 759
  • Lease Terms: Weekly
  • Poolspa Expense: 1500
  • Rental Cottage Name: Beach View
  • Annual Cable TV Expense: 2100
  • Annual Electric: 2700
  • Annual Water Expense: 1200
  • Rental Contact Name: Home Owner

Building Info

  • Year Built: 1988

Tax Info

  • Year: 2019
  • Taxes: 4610

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2020
Closed on
Sep 8, 2020
Sold by
The Parker House Llc
Bought by
Cappella Frank Michael and Cappella Jennifer Lynn
Seller's Agent
Joanne Kepler
Beach Realty & Construction- Corolla
Buyer's Agent
Four Seasons Realty
Four Seasons Realty
List Price
$699,000
Sold Price
$660,000
Premium/Discount to List
-$39,000
-5.58%
Total Days on Market
14
Current Estimated Value
$1,305,759

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$645,759
Avg. Annual Appreciation
15.78%

Purchase Details

Listed on
Jan 11, 2017
Closed on
Mar 23, 2017
Sold by
The Terrell House Llc
Bought by
The Parker House Llc
Seller's Agent
Heather McLay
Landmark Sotheby's International Realty
Buyer's Agent
Joanne Kepler
Beach Realty & Construction- Corolla
List Price
$599,000
Sold Price
$599,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.83%

Purchase Details

Closed on
Mar 9, 2016
Sold by
Terrell Edward Shea and Terrell Emily Hauck
Bought by
The Terrell House Llc

Purchase Details

Closed on
Oct 20, 2015
Sold by
Terrell Robert E and Terrell Maria S
Bought by
Terrell Edward Shea and Terrell Emily Hauck
Source: Public Records

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Range of Values:

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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
Cappella Frank Michael $660,000 None Available
The Parker House Llc $599,000 Attorney
The Terrell House Llc -- Attorney
Terrell Edward Shea -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner The Parker Ho0use Llc $1,200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2020 09/15/20 Sold $660,000 -5.6% $287 / Sq Ft
06/25/2020 06/25/20 Pending -- -- --
06/11/2020 06/11/20 For Sale $699,000 +16.7% $304 / Sq Ft
03/30/2017 03/30/17 Sold $599,000 0.0% $260 / Sq Ft
01/14/2017 01/14/17 Pending -- -- --
01/11/2017 01/11/17 For Sale $599,000 -- $260 / 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 $7,415 $852,500 $420,000 $432,500
2023 $7,415 $852,500 $420,000 $432,500
2022 $5,896 $798,200 $420,000 $378,200
2021 $5,155 $601,600 $346,500 $255,100
2020 $4,610 $601,600 $346,500 $255,100
2019 $4,601 $601,600 $346,500 $255,100
2018 $4,601 $601,600 $346,500 $255,100
2017 $4,274 $601,600 $346,500 $255,100
2016 $4,305 $601,600 $346,500 $255,100
2015 -- $601,600 $346,500 $255,100
Source: Public Records

Agents Affiliated with this Home

  • Joanne Kepler

    Seller's Agent in 2020

    Joanne Kepler

    Beach Realty & Construction- Corolla

    (252) 207-8420

    21 in this area

    68 Total Sales

    Joanne Kepler
    Section Image
  • Four Seasons Realty

    Buyer's Agent in 2020

    Four Seasons Realty

    Four Seasons Realty

    (252) 261-6664

    154 in this area

    394 Total Sales

    Four Seasons Realty
    Section Image
  • Max Konstanzer

    Buyer Co-Listing Agent in 2020

    Max Konstanzer

    Four Seasons Realty

    (252) 256-2607

    62 in this area

    108 Total Sales

    Max Konstanzer
    Section Image
  • Heather McLay

    Seller's Agent in 2017

    Heather McLay

    Landmark Sotheby's International Realty

    (252) 202-3409

    82 in this area

    193 Total Sales

    Heather McLay
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 109655

Outer Banks Association of REALTORS®

APN: 115A-000-0024-0011

North Carolina Currituck County Corolla 27927 Corolla

894 Lighthouse Dr, Corolla, NC

This home is located at 894 Lighthouse Dr, Corolla, NC 27927 since 11 June 2020 and is currently estimated at $1,305,759, approximately $567 per square foot. This property was built in 1988. 894 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.

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