NOT LISTED FOR SALE

908 Lighthouse Dr Corolla, NC 27927

Estimated Value: $1,168,000 - $1,658,000

5 Beds
3.5 Baths
2,631 Sq Ft
$523/Sq Ft Est. Value

Last Sold November 26, 2013

Last sale price $752,500 $286 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $7,404/month

9 Days on Market

Highlights

  • Ocean Front
  • Furnished
  • Level Lot
  • In Ground Pool

About This Home

As of November 2013

THIS IS A SHORT SALE.

Last Agent to Sell the Property

Glenn Jungen

Twiddy and Company - Corolla License #224940 Listed on: 07/24/2013

Co-Listed By

Jane J

Twiddy and Company - Corolla License #230815

Last Buyer's Agent

Walter Stiff

Default, Office License #217648

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,375

Year Built

  • Built in 1990

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 100x200
  • Ocean Front
  • Level Lot

Home Design

  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 2,631 Sq Ft Home
  • Furnished
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms

Pool

  • In Ground Pool

Utilities

  • Heat Pump System
  • Municipal Utilities District Water
  • Private or Community Septic Tank

Community Details

  • Whalehead Club Subdivision

Listing and Financial Details

  • Tax Lot 18

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,375

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: North on 12 to Bonita, East to Lighthouse Drive, South to house on right.
  • Subdivision Name: Whalehead Club
  • Headline: Semi Ocean Front Short Sale
  • Heated Sq Ft: 2631
  • Potential Short Sale: Yes
  • Roads: Paved
  • Sale/Rent: For Sale
  • Section: 10
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: Res
  • Deed Book Pg Number: 482
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator
  • Bedrooms: 5
  • Foundation: Piling
  • Full Bathrooms: 3
  • Furnishings Available: Yes
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Shakes
  • Pool: Yes
  • Pool Type: Outdoor, In Ground
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 100
  • View: Ocean

Utilities

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

Lot Info

  • Estimated Lot Sq Ft: 20000
  • Lot Description: Level
  • Lot Faces: E
  • Lot Size: 100x200
  • Lot Number: Lot 18
  • Deed Book: 878

Rental Info

  • Est Annual Rental Income: 71395
  • Estimated Rental Performance: 0.0949
  • Rental Co: Twiddy and Company
  • Rental Cottage Name: Jule on the Beach
  • Rental Cottage Number: J20908
  • Rental Phone Number: 252-457-1100
  • Rental Turnover Day: Saturday

Building Info

  • Year Built: 1990

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2012
  • Taxes: 5375

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2013
Closed on
Nov 26, 2013
Sold by
Bacino Dave N and Bacino Julie
Bought by
Dodge John A and Dodge Allison H
Seller's Agent
Glenn Jungen
Twiddy and Company - Corolla
Buyer's Agent
Walter Stiff
Default, Office
List Price
$699,900
Sold Price
$752,500
Premium/Discount to List
$52,600
7.52%
Current Estimated Value
$1,321,255

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$568,755
Avg. Annual Appreciation
5.09%

Purchase Details

Closed on
Jun 29, 2005
Sold by
Schneider Keith J and Tamara Schneider M
Bought by
Bacino Dave N and Bacino Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Dodge John A $752,500 None Available
Bacino Dave N $1,550,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bacino Dave N $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/26/2013 11/26/13 Sold $752,500 +7.5% $286 / Sq Ft
08/02/2013 08/02/13 Pending -- -- --
07/24/2013 07/24/13 For Sale $699,900 -- $266 / 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 $6,766 $753,200 $400,000 $353,200
2024 $6,750 $753,200 $400,000 $353,200
2023 $5,992 $737,000 $400,000 $337,000
2022 $5,592 $737,000 $400,000 $337,000
2021 $5,589 $640,200 $330,000 $310,200
2020 $4,904 $640,200 $330,000 $310,200
2019 $4,893 $640,200 $330,000 $310,200
2018 $0 $640,200 $330,000 $310,200
2017 $4,545 $640,200 $330,000 $310,200
2016 $4,578 $640,200 $330,000 $310,200
2015 -- $640,200 $330,000 $310,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 79943

Outer Banks Association of REALTORS®

APN: 115A-000-0018-0010