NOT LISTED FOR SALE

934 Lighthouse Dr Corolla, NC 27927

Estimated Value: $1,633,000 - $1,807,000

8 Beds
6.5 Baths
4,500 Sq Ft
$388/Sq Ft Est. Value

Last Sold January 10, 2024

Last sale price $1,804,700 $401 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $10,084/month

109 Days on Market

Highlights

  • Community Beach Access
  • Heated In Ground Pool
  • Contemporary Architecture
  • Ocean Front
  • Second Refrigerator
  • Wood Flooring

About This Home

As of January 2024

Welcome to your dream coastal haven, Margaritaville, an 8-bedroom semi-oceanfront retreat that promises the ultimate beachside lifestyle. Nestled along the pristine coastline, this magnificent property offers a perfect balance of ocean views and direct access to the sandy shores. The 8 generously-sized bedrooms are designed for ultimate relaxation and privacy. The first floor has plenty of room for the kids which includes a bedroom with double bunks and the other with 2 double beds. These bedrooms share a bath. The second floor consists of 4 ensuites(2 king, 1 queen, 1 bunk) and another large room with another queen and daybed. Finally, the third floor has your spacious king ensuite master. The kitchen is equipped with stainless steel appliances, custom cabinetry, and ample counter space for culinary creations. An adjacent dining area with ocean views sets the stage for memorable family meals and gatherings with friends. Multiple living areas offer plenty of space for entertaining and unwinding. A grand living room with a cozy fireplace serves as the perfect spot to gather during cooler coastal evenings, while a spacious family/game room provides a more casual setting for relaxation, watching movies, or a game of pool. Step outside to discover your private oasis - a sparkling pool that has been newly resurfaced and a new concrete patio area with plenty of room for lounging. Steps away from your door and within moments, your toes will sink into soft, powdery sand. With semi-oceanfront privileges, you'll have easy access to the beach, where you can enjoy leisurely walks, beachcombing, and endless water activities. Act now and let the sound of the waves and salty ocean breeze welcome you home to Margaritaville.

Last Agent to Sell the Property

Jenny Hawk

Outer Banks Realty Group License #320655 Listed on: 07/24/2023

Co-Listed By

Cooper Hawk

Outer Banks Realty Group License #229028

Last Buyer's Agent

Anna Hunt

Brindley Beach Vacations & Sales - KH License #231616

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,627

Year Built

  • Built in 1998

Lot Details

  • Ocean Front
  • Level Lot
  • Property is zoned SFO

HOA Fees

  • $10 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Reverse Style Home
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 4,500 Sq Ft Home
  • Furnished
  • Game Room
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Second Refrigerator
  • Ice Maker
  • Second Dishwasher

Flooring

  • Wood
  • Laminate
  • Ceramic Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 8 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • Paved Parking
  • Off-Street Parking

Pool

  • Heated In Ground Pool
  • Outdoor Pool

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District Water
  • Fuel Tank
  • Private or Community Septic Tank

Listing and Financial Details

  • Tax Lot #19

Community Details

Overview

  • Whalehead Club Subdivision

Recreation

  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,627

Year Built

Built in 1998

Lot Details

0

HOA Fees

$10 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary, Reverse Floor Plan
  • Flood Zone: X
  • Headline: Luxurious 8-Bedroom Semi-Ocean
  • Heated Sq Ft: 4500
  • L V T Date: 07/24/2023
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: SFO
  • Advertised Income 2021: 71350
  • Advertised Income 2022: 139376
  • Deed Book Pg Number: 841
  • 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 w/Ice Maker, Washer, 2nd Dishwasher, 2nd Refrigerator
  • Bedrooms: 8
  • Electronic Locks: Leased
  • Floor Coverings: Ceramic Tile, Wood, Wood Laminate, Luxury Vinyl Plank
  • Foundation: Piling, Slab
  • Full Bathrooms: 6
  • Furnishings Available: Yes
  • Optional Rooms: Game Room, Shipswatch
  • Partial Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Parking: Paved, Off Street

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Ocean Access
  • Association Fee: Voluntary - Restrictive Covenants May Apply
  • Estimated Annual Fee: 125

Lot Info

  • Lot Description: Level
  • Lot Number: Lot #19
  • Deed Book: 1637

Rental Info

  • Lease Terms: Weekly
  • Rental Co: Twiddy and Company
  • Rental Cottage Name: Margaritaville I
  • Rental Cottage Number: J20934
  • Rental Phone Number: 252-457-0489
  • Rental Turnover Day: Sunday
  • Rental Contact Email: owner@twiddy.com
  • Rental Contact Name: Mary Mason

Building Info

  • Year Built: 1998

Tax Info

  • Year: 2022
  • Taxes: 6626.71

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2023
Closed on
Jan 8, 2024
Sold by
Cg Mash Rental Llc
Bought by
Mangol Scott D and Kane-Mangol Megan C
Seller's Agent
Jenny Hawk
Outer Banks Realty Group
Buyer's Agent
Anna Hunt
Brindley Beach Vacations & Sales - KH
List Price
$2,300,000
Sold Price
$1,804,700
Premium/Discount to List
-$495,300
-21.53%
Views
292
Current Estimated Value
$1,747,458

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$57,242
Avg. Annual Appreciation
-1.63%
Original Mortgage
$1,353,525
Outstanding Balance
$1,328,191
Interest Rate
7.13%
Mortgage Type
New Conventional
Estimated Equity
$419,267

Purchase Details

Listed on
May 13, 2021
Closed on
Jul 15, 2021
Sold by
Schaeffer Forrest R and Schaeffer Janice E
Bought by
Cg Mash Rental Llc
Seller's Agent
Randy Jones
EXP Realty, LLC - Coastal
Buyer's Agent
Kim Endre
Twiddy and Co. - Duck
List Price
$1,475,000
Sold Price
$1,460,000
Premium/Discount to List
-$15,000
-1.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.89%

Purchase Details

Closed on
Aug 22, 1997
Bought by
Schaeffer Forrest R and Schaeffer Janice E
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
Mangol Scott D $1,805,000 None Listed On Document
Mangol Scott D $1,805,000 None Listed On Document
Cg Mash Rental Llc $7,300,000 Sharp Starkey
Cg Mash Rental Llc $7,300,000 Sharp Starkey
Schaeffer Forrest R $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mangol Scott D $1,353,525
Closed Mangol Scott D $1,353,525
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/10/2024 01/10/24 Sold $1,804,700 -12.0% $401 / Sq Ft
11/10/2023 11/10/23 Pending -- -- --
10/17/2023 10/17/23 Price Changed $2,050,000 -5.7% $456 / Sq Ft
09/14/2023 09/14/23 Price Changed $2,175,000 -1.1% $483 / Sq Ft
08/15/2023 08/15/23 Price Changed $2,200,000 -4.3% $489 / Sq Ft
07/24/2023 07/24/23 For Sale $2,300,000 +57.5% $511 / Sq Ft
07/15/2021 07/15/21 Sold $1,460,000 -1.0% $320 / Sq Ft View Prior Sale
05/31/2021 05/31/21 Pending -- -- --
05/13/2021 05/13/21 For Sale $1,475,000 -- $323 / 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 $11,016 $1,270,700 $400,000 $870,700
2024 $11,016 $916,000 $400,000 $516,000
2023 $8,025 $893,700 $400,000 $493,700
2022 $6,627 $893,700 $400,000 $493,700
2021 $6,605 $787,400 $330,000 $457,400
2020 $5,891 $787,400 $330,000 $457,400
2019 $5,899 $787,400 $330,000 $457,400
2018 $5,949 $787,400 $330,000 $457,400
2017 $5,511 $787,400 $330,000 $457,400
2016 $5,549 $787,400 $330,000 $457,400
2015 $5,556 $787,400 $330,000 $457,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 122891

Outer Banks Association of REALTORS®

APN: 115A-000-0019-0009