NOT LISTED FOR SALE

907 Lighthouse Dr Corolla, NC 27927

Estimated Value: $1,808,000 - $3,580,851

10 Beds
12 Baths
4,997 Sq Ft
$539/Sq Ft Est. Value

Last Sold May 30, 2014

Last sale price $2,432,224 $487 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $15,609/month

90 Days on Market

Highlights

  • Beach Front
  • Indoor Pool
  • Second Refrigerator
  • Ocean View
  • Home Theater
  • Cathedral Ceiling

About This Home

As of May 2014

Elegance and rentals, a winning combination! Oceanfront lovers, here is your chance to have it all, no comprises. ALL TEN MASTER SUITES! An excellent opportunity to own an extra wide 100 foot oceanfront homesite in Corolla. This is a new construction to-be-built lot/home option. A very similar home, "Absolute Elegance," built by SAGA at 875 Lighthouse Drive has ACTUAL rentals of $300K for the 2012 season and comparable income can be expected from this home. This revised floor plan has an updated ground level with larger game room, larger home theater room and now provides even better views to the pool area. This is a complete "turnkey" rental ready package. Price includes lot, home construction, house plans, permits, site work, heated pool, tiki bar, gazebo and furnishings - with custom integrated electronics with smart panel technology with distributed audio. Upgrades include: Hardwood . Ceramic Tile. Granite Countertops. Custom Baths. Movie Theater; Custom Trim Package; and More! The house is handicap friendly with ramp and hydraulic elevator and roll in shower. Luxury windows and cement fiberboard siding with composite decking on front and rear elevations. EXCELLENT OUTDOOR area with TV/Bar, heated pool, wood deck gazebo and large fenced yard for entertaining, family reunions and Outer Banks weddings. There is plenty of storage for equipment and bikes next to the dual outdoor showers and cabana bathroom. Don't take our words for it; check out the ASSOCIATED DOCUMENS and the Virtual Tours of similar homes. A video tour is also available upon request.

Last Agent to Sell the Property

Sumit Gupta

VR Real Estate Advisors, LLC License #212627 Listed on: 06/21/2013

Co-Listed By

Tammy Aycock

SAGA Realty and Construction License #174696

Last Buyer's Agent

Jill Sheffer

Default, Office License #216992

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,410

Year Built

  • Built in 2013

Lot Details

  • Lot Dimensions are 100 x 375
  • Beach Front
  • 100 Feet of Waterfront
  • Fenced Yard
  • Landscaped
  • Property is zoned Single Fam

Property Views

  • Ocean
  • Views of a Sound
  • Park or Greenbelt

Home Design

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

Interior Spaces

  • 4,997 Sq Ft Home
  • Elevator
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Home Theater
  • Game Room
  • Utility Room
  • Fire and Smoke Detector

Kitchen

  • Built-In Oven
  • Microwave
  • Second Refrigerator
  • Ice Maker
  • Second Dishwasher
  • Wine Cooler
  • Marble Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 10 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Tuck Under Parking
  • Garage Door Opener

Accessible Home Design

  • Handicap Accessible

Pool

  • Indoor Pool
  • Cabana
  • Concrete Pool
  • Spa

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Patio
  • Gazebo
  • Tiki or Chickee Hut

Utilities

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

Listing and Financial Details

  • Legal Lot and Block lot 9 / 8

Community Details

Overview

  • Built by SAGA Construction
  • Whalehead Club Subdivision

Recreation

  • Community Boardwalk

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,410

Year Built

Built in 2013

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: CALL AGENT FOR SHOWING OF SIMILAR HOME ALREADY BUILT.
  • Extras: Beach Access, Boardwalk to Beach, Cabana, Ceiling Fan(s), Covered Decks, Elevator, Fenced Yard, Garage Door Opener, Gazebo, Handicap Friendly, Hot Tub, Landscaped, Patio, Smoke Detector(s), Sun Deck, Tiki Bar
  • Flood Zone: VE
  • Subdivision Name: Whalehead Club
  • Headline: Excellence And Rentals!
  • Heated Sq Ft: 4997
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: Single Fam
  • Deed Book Pg Number: 704
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Refrigerator w/Ice Maker, Wall Oven, Washer, 2nd Dishwasher, 2nd Refrigerator, Wine Cooler
  • Bedrooms: 10
  • Countertops: Marble
  • Floor Coverings: Carpet, Ceramic Tile, Tile, Hardwood
  • Foundation: Piling
  • Full Bathrooms: 10
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Pantry, Walk in Closet, Washer Connection, Wet Bar
  • Optional Rooms: Game Room, Pantry, Utility Room, Home Theater, Media Room
  • Partial Bathrooms: 2

Exterior Features

  • Homebuilder: SAGA Construction
  • Construction: Frame, Wood
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool Type: Indoor, Concrete, Custom
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 100
  • View: Ocean, Park Serv/Preserve, Sound
  • Water Frontage: 100

Garage/Parking

  • Parking: Paved, Under

Utilities

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

Lot Info

  • Lot Description: Beach Frontage, Water Frontage
  • Lot Faces: E
  • Lot Size: 100 x 375
  • Lot Number: lot 9
  • Deed Book: 1018

Rental Info

  • Est Annual Rental Income: 304250
  • Estimated Rental Performance: 0.1251
  • Lease Terms: Weekly
  • Other Expenses: 2
  • Rental Co: Twiddy and Company

Building Info

  • Year Built: 2013

Tax Info

  • Year: 2012
  • Taxes: 2409.53

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2013
Closed on
Oct 22, 2013
Sold by
Smith Arthur C
Bought by
Ammo Realty Llc
Seller's Agent
Greg Cremia
Shore Realty
Buyer's Agent
Jill Sheffer
Default, Office
List Price
$1,160,000
Sold Price
$1,025,000
Premium/Discount to List
-$135,000
-11.64%
Current Estimated Value
$2,694,426

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,669,426
Avg. Annual Appreciation
8.25%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Ammo Realty Llc $1,025,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/30/2014 05/30/14 Sold $2,432,224 +137.3% $487 / Sq Ft
10/22/2013 10/22/13 Sold $1,025,000 -57.5% $522 / Sq Ft View Prior Sale
09/19/2013 09/19/13 Pending -- -- --
06/22/2013 06/22/13 Pending -- -- --
06/21/2013 06/21/13 For Sale $2,414,000 +108.1% $483 / Sq Ft
04/19/2013 04/19/13 For Sale $1,160,000 -- $591 / 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 $17,906 $2,088,100 $1,094,800 $993,300
2024 $17,890 $2,088,100 $1,094,800 $993,300
2023 $17,890 $2,088,100 $1,094,800 $993,300
2022 $15,058 $2,088,100 $1,094,800 $993,300
2021 $15,043 $1,696,500 $833,000 $863,500
2020 $12,535 $1,696,500 $833,000 $863,500
2019 $12,535 $1,696,500 $833,000 $863,500
2018 $12,535 $1,696,500 $833,000 $863,500
2017 $11,645 $1,694,100 $833,000 $861,100
2016 $11,715 $1,694,100 $833,000 $861,100
2015 -- $1,063,600 $833,000 $230,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 79586

Outer Banks Association of REALTORS®

APN: 115A-000-0009-0010