NOT LISTED FOR SALE

930 Lighthouse Dr Corolla, NC 27927

Estimated Value: $1,159,000 - $1,252,000

7 Beds
3.5 Baths
3,216 Sq Ft
$380/Sq Ft Est. Value

Last Sold October 25, 2022

Last sale price $1,085,000 $337 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $6,944/month

55 Days on Market

Highlights

  • Ocean Front
  • In Ground Pool
  • Cathedral Ceiling
  • Beach Access
  • Contemporary Architecture
  • Furnished

About This Home

As of October 2022

7 bedroom semi oceanfront home with great ocean views and 300' to the ocean access. Functional open floor plan with large bedrooms and space to spread out. New upper deck. Roof 2011. Large saltwater pool, hot tub. Game room with pool table, foosball table. Owner limits rents to June thru Sept--if opened up the home could produce $150,300. House sign "Corolla Otter" does not convey. County tax records have as a 7 bedroom and health department has on file as a 4 bedroom. This home is being sold "AS-IS"

Last Agent to Sell the Property

Cooper Hawk

Outer Banks Realty Group License #229028 Listed on: 07/08/2022

Co-Listed By

Jenny Hawk

Outer Banks Realty Group License #320655

Last Buyer's Agent

John Lettieri

Sun Realty - Avon License #302850

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,044

Year Built

  • Built in 1985

Lot Details

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

Home Design

  • Contemporary Architecture
  • Reverse Style Home
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Vinyl Construction Material

Interior Spaces

  • 3,216 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Window Treatments
  • Game Room
  • Ocean Views

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • Tuck Under Parking
  • Off-Street Parking

Pool

  • In Ground Pool
  • Outdoor Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Beach Access
  • Sun Deck

Utilities

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

Listing and Financial Details

  • Tax Lot lot 17

Community Details

Overview

  • Whalehead Club Subdivision

Recreation

  • Community Boardwalk

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,044

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary, Reverse Floor Plan
  • Extras: Beach Access, Boardwalk to Beach, Hot Tub, Outside Shower, Sun Deck
  • Flood Zone: X
  • Headline: 7 bedroom Semi-Oceanfront
  • Heated Sq Ft: 3216
  • L V T Date: 07/08/2022
  • Roads: Paved
  • Sale/Rent: For Sale
  • Section: 9
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: Res
  • Advertised Income 2021: 77455
  • Advertised Income 2022: 95734
  • Deed Book Pg Number: 759
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C25379
  • 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
  • Bedrooms: 7
  • Countertops: Granite
  • Floor Coverings: Carpet, Tile, Wood Laminate
  • Foundation: Piling, Slab
  • Full Bathrooms: 3
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s)
  • Optional Rooms: Breakfast Nook, Game Room
  • Partial Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: Carport
  • Parking: Off Street, Under

Utilities

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

Condo/Co-op/Association

  • Home Owner Dwelling Insurance: 3692

Lot Info

  • Estimated Lot Sq Ft: 20000
  • Lot Description: Level
  • Lot Size: 100X200
  • Lot Number: lot 17
  • Estimated Lot Size: 0.46
  • Deed Book: 656

Rental Info

  • Est Annual Rental Income: 150300
  • Estimated Rental Performance: 0.1385
  • Lease Terms: Weekly
  • Other Expenses: 1100
  • Other Expenses2: 99
  • Poolspa Expense: 2500
  • Rental Co: Brindley Beach Vacations
  • Rental Cottage Name: Corolla Otter
  • Rental Cottage Number: WL930
  • Rental Phone Number: 252 453-3000
  • Rental Turnover Day: Sat
  • Yearly Expense Actual Estimate: Actual
  • Annual Cable TV Expense: 826
  • Annual Electric: 4492
  • Annual Water Expense: 800
  • Rental Contact Email: frazier@brindleybeach.com
  • Rental Contact Name: Frazier
  • Rental Contact Phone: 252 452-3000

Building Info

  • Year Built: 1985

Tax Info

  • Year: 2022
  • Taxes: 5044

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2022
Closed on
Oct 24, 2022
Sold by
Richards R Keith R and Richards Lillian P
Bought by
Wilson Garrett Lee and Wilson Danielle Marie
Seller's Agent
Cooper Hawk
Outer Banks Realty Group
Buyer's Agent
John Lettieri
Sun Realty - Avon
List Price
$1,200,000
Sold Price
$1,085,000
Premium/Discount to List
-$115,000
-9.58%
Current Estimated Value
$1,222,257

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,257
Avg. Annual Appreciation
3.82%
Original Mortgage
$329,300
Outstanding Balance
$284,137
Interest Rate
6.23%
Estimated Equity
$938,120

Purchase Details

Closed on
Mar 14, 2003
Bought by
Richards Richards R and Richards Lillian P
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
Wilson Garrett Lee $5,425,000 --
Richards Richards R $775,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilson Garrett Lee $329,300
Open Wilson Garrett Lee $647,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2022 10/25/22 Sold $1,085,000 +3.3% $337 / Sq Ft
09/01/2022 09/01/22 Pending -- -- --
08/25/2022 08/25/22 Price Changed $1,050,000 -12.5% $326 / Sq Ft
07/08/2022 07/08/22 For Sale $1,200,000 -- $373 / 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 $6,474 $728,500 $400,000 $328,500
2024 $6,474 $728,500 $400,000 $328,500
2023 $6,453 $683,900 $400,000 $283,900
2022 $5,155 $683,900 $400,000 $283,900
2021 $5,133 $607,000 $330,000 $277,000
2020 $4,585 $607,000 $330,000 $277,000
2019 $4,586 $607,000 $330,000 $277,000
2018 $4,586 $607,000 $330,000 $277,000
2017 $4,260 $607,000 $330,000 $277,000
2016 $4,296 $607,000 $330,000 $277,000
2015 $4,293 $607,000 $330,000 $277,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 119639

Outer Banks Association of REALTORS®

APN: 115A-000-0017-0009