NOT LISTED FOR SALE

965 Lighthouse Dr Corolla, NC 27927

Estimated Value: $1,634,000 - $2,320,000

4 Beds
3 Baths
2,800 Sq Ft
$743/Sq Ft Est. Value

Last Sold October 17, 2013

Last sale price $1,125,000 $402 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $11,860/month

9 Days on Market

Highlights

  • Beach Front
  • Spa
  • Cathedral Ceiling
  • Ocean View
  • 35,093 Sq Ft lot
  • Hydromassage or Jetted Bathtub

About This Home

As of October 2013

Excellent lot with 100 ft of Oceanfront in Whalehead Beach. Classic beach house located in the middle of the block for extra privacy. Rental income is strong. Good Elevation affords ocean views from bedrooms. Extensive wood trim, ceilings, wainscoting throughout. Recent improvements include new kitchen 2005, new roof 2007, new HVAC 2010. Priced right for entry level Oceanfront. Enjoy as is, and reap the income benefits, while planning to remove/renovate for future dream home.

Last Agent to Sell the Property

Ronald Barrett

Brindley Beach Vacations & Sales - Cor License #94054 Listed on: 08/21/2013

Last Buyer's Agent

Leslie Gilmore

Great Escapes Vacations & Sales License #198088

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,273

Year Built

  • Built in 1985

Lot Details

  • 0.81 Acre Lot
  • Lot Dimensions are 100' x 350'
  • Beach Front
  • 100 Feet of Waterfront
  • Landscaped

Home Design

  • Reverse Style Home
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 2,800 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Window Treatments
  • Family Room
  • Living Room
  • Dining Room
  • Utility Room
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • 3 Full Bathrooms
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Carport

Pool

  • Spa
  • Fiberglass Pool
  • Outdoor Shower

Outdoor Features

  • Sun Deck

Utilities

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

Listing and Financial Details

  • Tax Lot 6

Community Details

Overview

  • Whalehead Club Subdivision

Recreation

  • Community Boardwalk

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,273

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: HWY 12, North of Food Lion. Right on Bonito, Left on Lighthouse Drive, Block and a half on right.
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Hot Tub, Jet Tub, Landscaped, Outside Shower, Smoke Detector(s), Sun Deck
  • Flood Zone: VE
  • Subdivision Name: The Whalehead Club
  • Headline: OCEANFRONT PRICED RIGHT!
  • Heated Sq Ft: 2800
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: 8
  • Waterfront Location: Oceanfront
  • Zoning: Res
  • Deed Book Pg Number: 621
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 4
  • Kitchen: On Level: 2
  • Countertops: Solid Surface
  • Floor Coverings: Carpet, Ceramic Tile, Vinyl
  • Foundation: Piling, Slab
  • Full Bathrooms: 3
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Gas Fireplace, Ensuite, Skylight, Washer Connection
  • Dining Room: On Level: 2
  • Family Room: On Level: 2
  • Living Room: On Level: 2

Exterior Features

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

Garage/Parking

  • Garage: 1 Car, Attached, Carport
  • Garage Sq Ft: 300
  • Parking: Paved

Utilities

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

Lot Info

  • Estimated Lot Sq Ft: 35093
  • Lot Description: Beach Frontage, Water Frontage
  • Lot Faces: E
  • Lot Size: 100' x 350'
  • Lot Number: Lot 6
  • Deed Book: 461

Rental Info

  • Est Annual Rental Income: 89458
  • Estimated Rental Performance: 0.0795
  • Rental Co: Twiddy and Company
  • Rental Cottage Name: Whalehead Watch
  • Rental Cottage Number: J10965
  • Rental Phone Number: 457-1100
  • Rental Turnover Day: Sunday
  • Yearly Expense Actual Estimate: Estimated
  • Annual Electric: 3000
  • Annual Water Expense: 600

Building Info

  • Year Built: 1985

Tax Info

  • Year: 2013
  • Taxes: 5273

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2013
Closed on
Sep 13, 2013
Sold by
Epc Nc 90 Llc
Bought by
Wukitch Carolyn
Seller's Agent
Ronald Barrett
Brindley Beach Vacations & Sales - Cor
Buyer's Agent
Leslie Gilmore
Great Escapes Vacations & Sales
List Price
$1,149,500
Sold Price
$1,125,000
Premium/Discount to List
-$24,500
-2.13%
Current Estimated Value
$2,079,276

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$954,276
Avg. Annual Appreciation
5.16%
Original Mortgage
$787,500
Outstanding Balance
$588,273
Interest Rate
4.58%
Mortgage Type
New Conventional
Estimated Equity
$1,491,003

Purchase Details

Closed on
Aug 2, 2013
Sold by
Toler William D and Toler Deborah H
Bought by
Epc Nc 90 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$787,500
Outstanding Balance
$588,273
Interest Rate
4.58%
Mortgage Type
New Conventional
Estimated Equity
$1,491,003
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
Wukitch Carolyn $1,125,000 None Available
Epc Nc 90 Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wukitch Carolyn $787,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/17/2013 10/17/13 Sold $1,125,000 -2.1% $402 / Sq Ft
08/30/2013 08/30/13 Pending -- -- --
08/21/2013 08/21/13 For Sale $1,149,500 -- $411 / 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 $11,592 $1,363,100 $1,094,800 $268,300
2024 $11,592 $1,363,100 $1,094,800 $268,300
2023 $11,576 $1,363,100 $1,094,800 $268,300
2022 $9,760 $1,363,100 $1,094,800 $268,300
2021 $9,745 $1,087,200 $833,000 $254,200
2020 $7,935 $1,087,200 $833,000 $254,200
2019 $7,935 $1,087,200 $833,000 $254,200
2018 $7,935 $1,087,200 $833,000 $254,200
2017 $7,371 $1,087,200 $833,000 $254,200
2016 $7,426 $1,087,200 $833,000 $254,200
2015 $7,518 $1,087,200 $833,000 $254,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 80250

Outer Banks Association of REALTORS®

APN: 115A-000-0006-0008