NOT LISTED FOR SALE

929 Lighthouse Dr Corolla, NC 27927

Estimated Value: $3,025,000 - $3,204,728

8 Beds
11 Baths
6,035 Sq Ft
$516/Sq Ft Est. Value

Last Sold April 05, 2021

Last sale price $2,125,000 $352 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $17,704/month

225 Days on Market

Highlights

  • Beach Front
  • Home Theater
  • 0.79 Acre Lot
  • Ocean View
  • Cabana
  • Second Refrigerator

About This Home

As of April 2021

One of a kind opportunity in Whalehead! This beautiful home sits behind a nice oceanfront dune, on a large beautifully landscaped lot. Once featured in Coastal Living Magazine, it has all of the extras that make for a perfect vacation or second home. Enjoy a two car garage (so rare!), double laundry areas, elevator, game room, professional theater room with wide screen and snack bar, home workout space with cardio equipment, large outdoor heated pool (with 40 ft lap lane) area with fireplace, double outdoor showers, covered decks and a large open living area. Quality built by Olin Finch, this home has all of the attention to detail and craftsman features you can expect in a luxury property. Don't worry about beach access, you have your own private access right out back! Did I mention the views? Panoramic views from upstairs and mid level decks.

Last Agent to Sell the Property

Brittany Bair

Keller Williams - Outer Banks License #273559 Listed on: 07/01/2020

Keller Williams - Outer Banks

Last Buyer's Agent

Johanna Tucker

OBX Surf Realty, LLC License #246978

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,702

Year Built

  • Built in 2004

Lot Details

  • 0.79 Acre Lot
  • Beach Front
  • Landscaped
  • Level Lot

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Cement Board or Planked

Interior Spaces

  • 6,035 Sq Ft Home
  • Elevator
  • Wet Bar
  • Furnished
  • Ceiling Fan
  • Gas Fireplace
  • Home Theater
  • Game Room
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Second Refrigerator
  • Dishwasher
  • Wine Cooler

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Parking

  • Garage
  • Carport

Pool

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

Outdoor Features

  • Covered Deck
  • Patio

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District Water
  • Well

Listing and Financial Details

  • Tax Lot # 11

Community Details

Overview

  • Built by Olin Finch
  • Whalehead Club Subdivision

Recreation

  • Community Boardwalk

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,702

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary, Coastal
  • Directions: Right on Bonito, Left on Lighthouse, House on R
  • Extras: Beach Access, Boardwalk to Beach, Cabana, Ceiling Fan(s), Covered Decks, Elevator, Hot Tub, Jet Tub, Landscaped, Outside Shower, Patio, Inside Laundry Room
  • Headline: Quality Built Oceanfront Gem!
  • Heated Sq Ft: 6035
  • L V T Date: 07/01/2020
  • Roads: Paved
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: RES
  • Advertised Income 2020: 146000
  • Deed Book Pg Number: 374
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C30917
  • 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, Washer, 2nd Refrigerator, Stackable Washer/Dryer, Wine Cooler
  • Bedrooms: 8
  • Floor Coverings: Carpet, Ceramic Tile, Wood, Hardwood
  • Foundation: Slab
  • Full Bathrooms: 8
  • Furnishings Available: Yes
  • Interior Amenities: Gas Fireplace, Ensuite, Pantry, Walk in Closet, Washer Connection, Wet Bar
  • Optional Rooms: Game Room, Home Theater, Media Room
  • Partial Bathrooms: 3

Exterior Features

  • Homebuilder: Olin Finch
  • Construction: Frame
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Concrete, Heated, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Garage: 2 Car, Attached
  • Parking: Paved

Utilities

  • Cooling: Central, Zoned
  • Heating: Central, Heat Pump, Zoned
  • Water: Municipal, Well

Lot Info

  • Estimated Lot Sq Ft: 34217
  • Lot Description: Beach Frontage, Level, Water Frontage
  • Lot Number: Lot# 11
  • Estimated Lot Size: 0.79
  • Deed Book: 994

Rental Info

  • Lease Terms: Weekly
  • Rental Co: Carolina Designs
  • Rental Cottage Name: Sunny Side Up
  • Rental Turnover Day: Saturday

Building Info

  • Year Built: 2004

Tax Info

  • Year: 2020
  • Taxes: 11702

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2020
Closed on
Mar 15, 2021
Sold by
Agnew Hugh James and Agnew Debra Ruth
Bought by
Sprauer Scott A and Sprauer Michele L
Seller's Agent
Brittany Bair
Keller Williams - Outer Banks
Buyer's Agent
Johanna Tucker
OBX Surf Realty, LLC
List Price
$2,395,000
Sold Price
$2,125,000
Premium/Discount to List
-$270,000
-11.27%
Current Estimated Value
$3,113,932

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$988,932
Avg. Annual Appreciation
8.41%
Original Mortgage
$1,593,750
Outstanding Balance
$1,424,667
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,689,265

Purchase Details

Closed on
Mar 14, 2007
Sold by
Fahlberg Mark J and Colingo Fahiberg Kelly A
Bought by
Agnew Hugh James and Agnew Debra Ruth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
6.3%
Mortgage Type
New Conventional
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
Sprauer Scott A $2,125,000 None Available
Agnew Hugh James $2,785,000 None Available
Fahlberg Mark J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sprauer Scott A $1,593,750
Previous Owner Fahlberg Mark J $2,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/05/2021 04/05/21 Sold $2,125,000 -3.4% $352 / Sq Ft
02/11/2021 02/11/21 Pending -- -- --
10/12/2020 10/12/20 Price Changed $2,200,000 -8.1% $365 / Sq Ft
07/01/2020 07/01/20 For Sale $2,395,000 -- $397 / 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 $16,662 $1,942,800 $1,094,800 $848,000
2024 $16,662 $1,942,800 $1,094,800 $848,000
2023 $16,646 $1,916,000 $1,094,800 $821,200
2022 $13,822 $1,916,000 $1,094,800 $821,200
2021 $13,835 $1,580,500 $833,000 $747,500
2020 $11,702 $1,580,500 $833,000 $747,500
2019 $11,676 $1,580,500 $833,000 $747,500
2018 $11,676 $1,580,500 $833,000 $747,500
2017 $10,872 $1,580,500 $833,000 $747,500
2016 $10,953 $1,580,500 $833,000 $747,500
2015 $10,953 $1,580,500 $833,000 $747,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 109927

Outer Banks Association of REALTORS®

APN: 115A-000-0011-0009