NOT LISTED FOR SALE

913 Lighthouse Dr Corolla, NC 27927

Estimated Value: $2,421,000 - $5,054,135

12 Beds
12.5 Baths
6,185 Sq Ft
$642/Sq Ft Est. Value

Last Sold December 29, 2021

Last sale price $4,350,000 $703 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $22,585/month

47 Days on Market

Highlights

  • Beach Front
  • Home Theater
  • Second Refrigerator
  • Ocean View
  • Concrete Pool
  • Coastal Architecture

About This Home

As of December 2021

Fantastic Advertised Rate Income 2021: $437,412.75 and with Owner Weeks Added $484,258. "Lighthouse Twelve"….Simply Wonderful ….... Being on the Ocean at Lighthouse Twelve, gives one and all Magnificent Oceanfront Beauty at it’s Best ! Glorious amounts of glass windows provide a multitude of Ocean Views, capturing dancing surf splashing before you. ….even the Kitchen gets the splendor of more Ocean Views. Lighthouse Twelve's Design is ideal for Weddings, Re-Unions, Conventions, and Loved Ones. Luxury Furnishings abound, beckoning you to relax. This Location is precious, as being in the middle of the block creates a Private Beach feel just for your pleasure. Lighthouse Twelve’s fantastic multiple Decking Settings makes it so relaxing to just become part of the Ocean’s enriching ambience. The inviting flow of this Oceanfront Beach Home embraces you with excitement, as Lighthouse Twelve is designed for FUN. The Top Level Great Room commands incredible Ocean Views with Four Large Glass Panel Windows ! The Living Area has Large Flat Screen, an easy lite Fireplace, Majestic Dining Table for 18 with grand Ocean Views. Huge Kitchen convenient to all the action and has excellent Ocean Views too .... and Counter Seating for Four more. Just off the Great Room is a Setting Area with Wet Bar, Ice Maker, and cabinetry of glassware to choose from, for your libation to be refreshing and immediate. Enjoy an especially nice & separate private Recreation Room with Billiards, Kitchenette, Flat Screen, Full Size Fridge, & Ocean Views too. As the Ocean Waves are splashing on shore of the wide Beautiful Beach of Corolla, you see and hear the Ocean from all angles with Oceanfront Decking in abundance ! Ideal for Outdoor Dining, ample Sun Decks, Gatherings in the Shade, refreshing Ocean Breezes, and enchanting Water Views. Of the Twelve Bedrooms w Private Baths, Four are convenient to the Top Level living areas. Seven Bedrooms are on the Mid Level, including one as a combo Bedroom & Mid Level Den. The advantage of the Mid Level Den Design is that one is greeted with an Ocean View as soon as you walk in the Front Entry Foyer. Convenience of an Elevator makes Life Easy. Tucked away also on the Mid Level, is the separate Theater Room, to enjoy movies or the big game ! Outdoors there are even more additional Decks and Lounge Chairs at the Top Level, Mid Level, Dune Top, Poolside, and around the outdoor Fire Pit, too. At Poolside, Wet Bar with Two Full Size Fridges, Large Flat Screen TV and an abundance of Cushioned Sofas, which lets the party continuously flow from the Top Level to the Poolside Level. ! One can stroll along the Beach for miles…all of which makes this shorefront Beach Home as “One to Cherish”. The Top of the Dune Deck and Lounge Area, is perfect to enjoy refreshments and to be revitalized by the tropical ocean breeze. Various outdoor seating and decking provides a multitude of perspectives to enjoy the ocean essence. All separate, yet close, to easily re-engage in all the action. The Pool & Two Hot Tub offers more ways to enjoy the Best Setting on the Ocean.

Last Agent to Sell the Property

Paul Sabadash

Sun Realty - Corolla License #119788 Listed on: 09/04/2021

Last Buyer's Agent

Ashley Ladd

Twiddy and Co. - Duck License #276643

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,276

Year Built

  • Built in 2018

Lot Details

  • Beach Front
  • 100 Feet of Waterfront

HOA Fees

  • $4 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction

Interior Spaces

  • 6,185 Sq Ft Home
  • Elevator
  • Wet Bar
  • Furnished
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Entrance Foyer
  • Home Theater
  • Game Room
  • Ocean Views

Kitchen

  • Built-In Oven
  • Microwave
  • Second Refrigerator
  • Plumbed For Ice Maker
  • Second Dishwasher
  • Wine Cooler
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 12 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Paved Parking
  • Off-Street Parking

Pool

  • Concrete Pool
  • Heated In Ground Pool
  • Outdoor Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Patio
  • 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 # 06

Community Details

Overview

  • Whalehead Club Subdivision

Recreation

  • Community Boardwalk

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,276

Year Built

Built in 2018

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Directions: Enter Whalehead on Bonito Drive, going East to Oceanfronts; Turning Right / South on Lighthouse Drive, 6th Lot on the Oceanfront as 913 Lighthouse. Bonito Drive is a Right Turn to the Oceanside, ( across from the Soundside Main Entrance of Monteray Shores ), which is approximately a mile North of Corolla's Northern Traffic Light ( Food Lion / Tim Buck II Shops / Monteray Shores Traffic Light ).
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Elevator, Hot Tub, Outside Lighting, Outside Shower, Patio, Sun Deck, Dry Entry, Inside Laundry Room
  • Headline: The Oceanfront Estate !
  • Heated Sq Ft: 6185
  • L V T Date: 09/04/2021
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: 10
  • Waterfront Location: Oceanfront
  • Zoning: RES
  • Advertised Income 2021: 437412
  • Deed Book Pg Number: 0125
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C3211
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Ice Machine, Microwave, Range/Oven, Refrigerator, Wall Oven, Washer, 2nd Dishwasher, 2nd Refrigerator, Wine Cooler
  • Bedrooms: 12
  • Countertops: Solid Surface
  • Foundation: Piling
  • Full Bathrooms: 12
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Beamed Ceiling(s), Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Washer Connection, Wet Bar, 1st Flr Ensuite
  • Optional Rooms: Foyer, Game Room, Home Theater
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Concrete, Custom, Heated, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 100
  • View: Ocean
  • Water Frontage: 100

Garage/Parking

  • Garage: Carport
  • Parking: Paved, Off Street

Utilities

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

Condo/Co-op/Association

  • Association Fee: Voluntary - Restrictive Covenants May Apply
  • Estimated Annual Fee: 45

Lot Info

  • Lot Description: Beach Frontage, Water Frontage
  • Lot Size: Waterfrontage 100'
  • Lot Number: Lot # 06
  • Deed Book: 1409

Rental Info

  • Est Annual Rental Income: 484257
  • Estimated Rental Performance: 0.1113
  • Lease Terms: Weekly
  • Rental Co: Twiddy and Company
  • Rental Cottage Name: Lighthouse Twelve
  • Rental Cottage Number: J10913
  • Rental Turnover Day: SUNDAY

Building Info

  • Year Built: 2018

Tax Info

  • Year: 2021
  • Taxes: 15276

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2021
Closed on
Dec 15, 2021
Sold by
High Heat Real Estate Llc
Bought by
Eightwood Realty Llc
Seller's Agent
Paul Sabadash
Sun Realty - Corolla
Buyer's Agent
Ashley Ladd
Twiddy and Co. - Duck
List Price
$4,600,000
Sold Price
$4,350,000
Premium/Discount to List
-$250,000
-5.43%
Current Estimated Value
$3,973,534

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$376,466
Avg. Annual Appreciation
-2.36%
Original Mortgage
$3,045,000
Outstanding Balance
$2,892,337
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$1,081,197

Purchase Details

Closed on
Dec 31, 1899
Bought by
Groff Deborah S and Clemens Deborah S
Source: Public Records

Range of Values:

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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
Eightwood Realty Llc $4,350,000 None Available
Groff Deborah S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eightwood Realty Llc $3,045,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/29/2021 12/29/21 Sold $4,350,000 -5.4% $703 / Sq Ft
10/21/2021 10/21/21 Pending -- -- --
09/04/2021 09/04/21 For Sale $4,600,000 +360.0% $744 / Sq Ft
06/07/2017 06/07/17 Sold $1,000,000 -20.0% $432 / Sq Ft View Prior Sale
02/03/2017 02/03/17 Pending -- -- --
09/12/2016 09/12/16 For Sale $1,250,000 -- $539 / 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 $18,167 $2,120,500 $1,094,800 $1,025,700
2023 $18,167 $2,120,500 $1,094,800 $1,025,700
2022 $15,291 $2,120,500 $1,094,800 $1,025,700
2021 $15,276 $1,761,300 $833,000 $928,300
2020 $13,047 $1,761,300 $833,000 $928,300
2019 $13,014 $1,238,300 $833,000 $405,300
2018 $6,143 $1,106,500 $833,000 $273,500
2017 $7,587 $1,106,500 $833,000 $273,500
2016 $7,643 $1,106,500 $833,000 $273,500
2015 -- $1,106,500 $833,000 $273,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 116001

Outer Banks Association of REALTORS®

APN: 115A-000-0006-0010