NOT LISTED FOR SALE

947 Lighthouse Dr Corolla, NC 27927

Estimated Value: $2,385,000 - $3,606,123

5 Beds
3.5 Baths
2,016 Sq Ft
$1,486/Sq Ft Est. Value

Last Sold January 22, 2020

Last sale price $1,055,000 $523 Per Sq Ft

Est. 178% increase in value since last sale

Current estimated payment $17,014/month

177 Days on Market

Highlights

  • 100 Feet of Waterfront
  • 0.8 Acre Lot
  • Loft
  • Ocean View
  • Main Floor Bedroom
  • Furnished

About This Home

As of January 2020

If you are looking for an affordable ocean front home that is well maintained and has a newer roof and updated windows with great rental income look no further. Great investment for someone who wants to build their dream home in a few years at today's lot prices and still collect rent. This well maintained 5 bedroom home with updated siding, vinyl windows, roof and flooring will pay you rent until you are ready to build or use it and enjoy as is. 35,000 Sq Ft of Ocean Front Property. Boardwalk and stairs from dune top to the beach have just been replaced. May 2019. 2020 Advance Rentals as of 11/7/19 are $11,892.90 This home was new to Twiddy in 2017.

Last Agent to Sell the Property

Liz Holterhaus

Keller Williams Town Center License #219965 Listed on: 05/31/2019

Keller Williams Town Center

Last Buyer's Agent

Four Seasons Realty

Four Seasons Realty License #177785

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,593

Year Built

  • Built in 1984

Lot Details

  • 0.8 Acre Lot
  • Lot Dimensions are 100x350
  • 100 Feet of Waterfront
  • Ocean Front

Home Design

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

Interior Spaces

  • 2,016 Sq Ft Home
  • Furnished
  • Skylights
  • Loft
  • Workshop
  • Utility Room
  • Ocean Views

Kitchen

  • Oven or Range
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom

Laundry

  • Dryer
  • Washer

Home Security

  • Storm Windows
  • Storm Doors

Parking

  • Tuck Under Parking
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Sun Deck

Utilities

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

Community Details

  • Whalehead Club Subdivision

Listing and Financial Details

  • Tax Lot 2

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,593

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Directions: North to Corolla. Right at light at Food Lion, third left onto Lighthouse Drive, House on Right 947.
  • Extras: Storm Doors, Storm Windows, Sun Deck
  • Flood Zone: VE
  • Subdivision Name: Whalehead Club
  • Headline: Collect Rent Then Build!
  • Heated Sq Ft: 2016
  • L V T Date: 06/01/2019
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: 9
  • Waterfront Location: Oceanfront
  • Zoning: Resi
  • Deed Book Pg Number: 1
  • 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, Range/Oven, Refrigerator, Washer
  • Bedrooms: 5
  • Bedroom 1: Master, On Level: 2
  • Bedroom 2: On Level: 1
  • Bedroom 3: On Level: 1
  • Bedroom 4: On Level: 1
  • Bedroom 5: On Level: 1
  • Kitchen: Open, On Level: 2
  • Countertops: Granite
  • Floor Coverings: Carpet, Tile
  • Foundation: Slab
  • Full Bathrooms: 3
  • Furnishings Available: Yes
  • Interior Amenities: Skylight
  • Dining Room: Open, On Level: 2
  • Living Room: Open, On Level: 2
  • Optional Rooms: Loft, Workshop
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame
  • Exterior: Cement Fiber Board
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 100
  • Sun Deck Size: Large
  • View: Ocean
  • Water Frontage: 100

Garage/Parking

  • Garage: Carport
  • Parking: Paved, Off Street, Under

Utilities

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

Lot Info

  • Estimated Lot Sq Ft: 35000
  • Lot Description: Water Frontage
  • Lot Faces: W
  • Lot Size: 100X350
  • Lot Number: Lot 2
  • Estimated Lot Size: 0.80
  • Deed Book: 1215

Rental Info

  • Other Expenses: 833000
  • Rental Co: Twiddy and Company
  • Rental Cottage Name: Bernie's Dream
  • Rental Cottage Number: J10947
  • Rental Phone Number: 2524571100
  • Rental Turnover Day: Saturday
  • Rental Contact Email: owner_information@twiddy.com
  • Rental Contact Name: Twiddy & Company
  • Rental Contact Phone: 457-1110

Building Info

  • Year Built: 1984

Tax Info

  • Year: 2018
  • Taxes: 6593.46

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2019
Closed on
Jan 17, 2020
Sold by
Reller David M and Reller Tracy M
Bought by
Dimitrijevs Mary Grace and Dimitrijevs Mary G
Seller's Agent
Liz Holterhaus
Keller Williams Town Center
Buyer's Agent
Four Seasons Realty
Four Seasons Realty
List Price
$1,100,000
Sold Price
$1,055,000
Premium/Discount to List
-$45,000
-4.09%
Current Estimated Value
$2,934,358

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,879,358
Avg. Annual Appreciation
19.28%
Original Mortgage
$844,000
Outstanding Balance
$735,227
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$2,260,335

Purchase Details

Listed on
May 24, 2012
Closed on
Aug 14, 2012
Sold by
Bechristya Llc
Bought by
Reller David M and Reller Tracy M
Seller's Agent
Susan Ayers
Home Zu
Buyer's Agent
Liz Holterhaus
Keller Williams Town Center
List Price
$900,000
Sold Price
$885,000
Premium/Discount to List
-$15,000
-1.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.40%
Original Mortgage
$458,800
Interest Rate
2.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 2011
Sold by
Remic Bernadette Kupchella
Bought by
Bechristya Llc
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
Dimitrijevs Mary Grace $1,055,000 None Available
Reller David M $885,000 None Available
Bechristya Llc $860,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dimitrijevs Mary Grace $844,000
Previous Owner Reller David M $458,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/22/2020 01/22/20 Sold $1,055,000 -4.1% $523 / Sq Ft
11/24/2019 11/24/19 Pending -- -- --
05/31/2019 05/31/19 For Sale $1,100,000 +24.3% $546 / Sq Ft
08/31/2012 08/31/12 Sold $885,000 -1.7% $439 / Sq Ft View Prior Sale
08/27/2012 08/27/12 Pending -- -- --
05/24/2012 05/24/12 For Sale $900,000 -- $446 / 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 $19,681 $2,295,500 $1,094,800 $1,200,700
2024 $19,681 $2,295,500 $1,094,800 $1,200,700
2023 $19,665 $2,295,500 $1,094,800 $1,200,700
2022 $16,548 $2,295,500 $1,094,800 $1,200,700
2021 $11,365 $893,900 $833,000 $60,900
2020 $6,593 $893,900 $833,000 $60,900
2019 $6,593 $893,900 $833,000 $60,900
2018 $6,593 $1,561,900 $833,000 $728,900
2017 $10,719 $1,561,900 $833,000 $728,900
2016 $6,170 $893,900 $833,000 $60,900
2015 $6,172 $893,900 $833,000 $60,900
Source: Public Records

Agents Affiliated with this Home

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

Map

Source: Outer Banks Association of REALTORS®

MLS Number: 105360

Outer Banks Association of REALTORS®

APN: 115A-000-0002-0009