NOT LISTED FOR SALE

941 Lighthouse Dr Corolla, NC 27927

Estimated Value: $1,295,000 - $2,050,000

5 Beds
3.5 Baths
2,580 Sq Ft
$638/Sq Ft Est. Value

Last Sold June 10, 2020

Last sale price $1,150,000 $446 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $9,405/month

199 Days on Market

Highlights

  • Beach Front
  • Outdoor Pool
  • Cathedral Ceiling
  • Ocean View
  • Coastal Architecture
  • Wood Flooring

About This Home

As of June 2020

Indulge in coastal elegance from the comfort of this thoughtfully designed & meticulously well-maintained oceanfront home. Situated on a spacious & centrally located lot in the Whalehead Community of Corolla, this home boasts panoramic views of the Atlantic throughout. With 5 bedrooms and 3.5 baths, it is the perfect size for a second home, full time residence or vacation rental! Soak up the ocean views from the top floor where you will find a large & inviting great room with hardwood floors, bead board walls, & a wood burning fireplace, a spacious open kitchen with stainless steel appliances, shiplap ceiling, a breakfast nook, and tons of natural light. This level also includes a spacious king master bedroom with a whirlpool tub, custom walk-in closet, & direct deck access, a half bath, and game/sitting area. On the bottom level you will find a king master bedroom with whirlpool tub & direct deck access, three bedrooms (Queen with deck access, Duo/Tr with deck access, & 2 Twin), a full bath, and laundry room. Enjoy the countless outdoor amenities this home offers which include a private pool with spacious patio seating, hot tub, outside shower & bathroom, fish cleaning station, private walkway to the beach, and a dunetop deck to enjoy the morning sunrise.

Last Agent to Sell the Property

Hunter Davis

Twiddy and Company - Corolla License #301647 Listed on: 08/02/2019

Co-Listed By

Martha Springer

Twiddy and Company - Corolla License #135162

Last Buyer's Agent

Jason Summerton

Twiddy and Company - Wash Woods License #231486

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,351

Year Built

  • Built in 1985

Lot Details

  • Beach Front
  • 100 Feet of Waterfront
  • Landscaped
  • Property is zoned Res.

HOA Fees

  • $4 Monthly HOA Fees

Parking

  • Paved Parking

Home Design

  • Coastal Architecture
  • Reverse Style Home
  • Asphalt Shingled Roof
  • Wood Siding
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 2,580 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Living Room
  • Dining Room
  • Utility Room
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Outdoor Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Tax Lot #5

Community Details

Overview

  • Whalehead Club Subdivision

Recreation

  • Community Boardwalk

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,351

Year Built

Built in 1985

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Directions: Rt. 12 East on Bonito north on Lighthouse house on right
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Common Laundry Area, Covered Decks, Hot Tub, Landscaped, Outside Lighting, Outside Shower, Smoke Detector(s), Sun Deck, Whirlpool/Spa, Inside Laundry Room
  • Flood Zone: X
  • Headline: Coastal Charm
  • Heated Sq Ft: 2580
  • L V T Date: 08/02/2019
  • Roads: Paved
  • Sale/Rent: For Sale
  • Section: 9
  • Waterfront Location: Oceanfront
  • Zoning: Res.
  • Deed Book Pg Number: 738
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C4556
  • 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
  • Bedrooms: 5
  • Bedroom 1: On Level: 3
  • Bedroom 2: On Level: 2
  • Bedroom 3: On Level: 2
  • Bedroom 4: On Level: 2
  • Kitchen: On Level: 3
  • Floor Coverings: Carpet, Tile, Wood
  • Foundation: Piling
  • Full Bathrooms: 3
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Ensuite, Pantry, Skylight, Walk in Closet, Wood Fireplace
  • Dining Room: On Level: 3
  • Living Room: On Level: 3
  • Optional Rooms: Pantry
  • Partial Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: Carport
  • Parking: Paved

Utilities

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

Condo/Co-op/Association

  • Association Fee: Voluntary - Restrictive Covenants May Apply
  • Estimated Annual Fee: 50

Lot Info

  • Lot Description: Beach Frontage
  • Lot Faces: E
  • Lot Number: Lot#5
  • Deed Book: 879

Rental Info

  • Lease Terms: Weekly
  • Rental Co: Twiddy and Company
  • Rental Cottage Name: Banks for the Memories
  • Rental Cottage Number: J10941
  • Rental Phone Number: 457-1100
  • Rental Turnover Day: Sat.

Building Info

  • Year Built: 1985

Tax Info

  • Year: 2019
  • Taxes: 8351

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2019
Closed on
Jun 1, 2020
Sold by
Schneider Keith J and Schneider Tamara M
Bought by
Cammack Edmund C and Vanorden Eric Van
Seller's Agent
Hunter Davis
Twiddy and Company - Corolla
Buyer's Agent
Jason Summerton
Twiddy and Company - Wash Woods
List Price
$1,349,000
Sold Price
$1,150,000
Premium/Discount to List
-$199,000
-14.75%
Current Estimated Value
$1,645,049

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$495,049
Avg. Annual Appreciation
6.66%
Original Mortgage
$950,000
Interest Rate
3.2%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 5, 2005
Sold by
Billups Fred H and Billups Beatrice M
Bought by
Schneider Keith J and Tamara Schneider M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
5.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Cammack Edmund C $1,150,000 None Available
Schneider Keith J $2,350,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Cammack Edmund C $950,000
Previous Owner Schneider Keith J $1,200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/10/2020 06/10/20 Sold $1,150,000 -11.5% $446 / Sq Ft
02/17/2020 02/17/20 Pending -- -- --
10/11/2019 10/11/19 Price Changed $1,299,000 -3.7% $503 / Sq Ft
08/02/2019 08/02/19 For Sale $1,349,000 -- $523 / 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 $9,679 $1,126,200 $1,094,800 $31,400
2024 $9,969 $1,163,700 $1,094,800 $68,900
2023 $9,020 $1,163,700 $1,094,800 $68,900
2022 $8,411 $1,163,700 $1,094,800 $68,900
2021 $8,394 $1,144,100 $833,000 $311,100
2020 $8,351 $1,144,100 $833,000 $311,100
2019 $8,350 $1,144,100 $833,000 $311,100
2018 $8,354 $1,144,100 $833,000 $311,100
2017 $7,764 $1,144,100 $833,000 $311,100
2016 $7,820 $1,145,600 $833,000 $312,600
2015 $7,832 $1,145,600 $833,000 $312,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Outer Banks Association of REALTORS®

MLS Number: 106054

Outer Banks Association of REALTORS®

APN: 115A-000-0005-0009