Seller's Agent in 2018
Daniel LaRue
Corolla Beach Realty
(551) 404-7777
29 in this area
47 Total Sales
968 Lighthouse Dr Corolla, NC 27927
Estimated Value: $2,308,852 - $2,652,000
10
Beds
10.5
Baths
6,634
Sq Ft
$375/Sq Ft
Est. Value
Highlights
- Ocean Front
- Home Theater
- Second Refrigerator
- Beach Access
- Cabana
- Coastal Architecture
About This Home
As of October 2018Amazing Ocean Views and Quick Walk to Beach from this Semi Ocean Front Whalehead Club 10 bedroom 10.5 bath home. Strong Consistent Rental Income with 11.61% GRI . This home is located on large 20,000 Sq Ft lot (almost 1/2 acre lot) and just one house from the Beach Access to the gorgeous soft sand Whalehead Beach. There are 9 Master Bedrooms of which one has an adjoining Nursery and the 10th bedroom has its own hall bathroom. This home has High End Finishes and Upgrades to include Upgraded Cabinets, Flooring, Appliances, 2 Tiled Showers, Wainscotting, ELEVATOR and is beautifully Furnished and Decorated. Kitchen features Silestone Counters, Kitchen Aid Stainless Steel Appliances with 2 oversized Refrigerators, 2 Dishwashers, 2 Ovens, a 6 Burner Gas Range, and large Island Bar with Sink & Bar stools. This home has been lovingly maintained. Top Floor is spacious and open for all to gather and fabulous Ocean Views from Living Room, Dining Room, Kitchen and Ships Watch. Top Level has 2 Master Bedrooms, Ships Watch with inviting sitting area, and 1/2 Bath plus access to Ocean Side Decks. Second Level has 5 Master Bedrooms, Office and access to spacious Shaded Decks. Ground Level has Great Rec Room/Media Room with Pool Table, TV/Sitting Room, Mini Bar with Seating, Full Refrigerator, Microwave, Sink and Access to Beautiful oversized Pool Area with 16 x 32 Heated Pool, Hot Tub, and Cabana. Huge Private Pool area to relax and enjoy plenty of sun and shade plus outside showers. Off of Rec Room there are 3 Bedrooms - Master Queen, Master with 2 Duo Bunks and a third Bedroom has a Duo/Tr with its own Hall Bath. There are Decks galore. Enjoy all the expansive decks on all levels - many with ocean views. This home features many maintenance free exterior products including Vinyl Cedar Shakes, Composite Decking, and Vinyl Railings. If you are looking for a lovingly Maintained Quality Updated Home with Expansive Decks, Gorgeous Ocean Views, just one house from the Beach Access , Strong Rental Income with GRI of 11.61%, then this is the home for you!
Last Agent to Sell the Property
Corolla Beach Realty License #257370 Listed on: 10/17/2017
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,518
Year Built
- Built in 2005
Lot Details
- 0.46 Acre Lot
- Lot Dimensions are 100x200
- Ocean Front
- Level Lot
HOA Fees
- $4 Monthly HOA Fees
Home Design
- Coastal Architecture
- Reverse Style Home
- Frame Construction
- Asphalt Shingled Roof
- Shake Siding
- Piling Construction
- Vinyl Construction Material
Interior Spaces
- 6,634 Sq Ft Home
- Elevator
- Wet Bar
- Furnished
- Cathedral Ceiling
- Ceiling Fan
- Gas Fireplace
- Window Treatments
- Entrance Foyer
- Home Theater
- Game Room
- Ocean Views
- Stacked Washer and Dryer
Kitchen
- Built-In Oven
- Microwave
- Second Refrigerator
- Second Dishwasher
- Corian Countertops
Flooring
- Wood
- Carpet
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 10 Bedrooms
- En-Suite Primary Bedroom
- Walk-In Closet
- Hydromassage or Jetted Bathtub
Parking
- Tuck Under Parking
- Paved Parking
- Off-Street Parking
Pool
- Cabana
- Heated In Ground Pool
- Outdoor Pool
- Spa
- Outdoor Shower
Outdoor Features
- Beach Access
- Sun Deck
- Covered Deck
- Exterior Lighting
Utilities
- Forced Air Zoned Heating and Cooling System
- Heat Pump System
- Municipal Utilities District Water
- Private or Community Septic Tank
Community Details
- Whalehead Club Subdivision
Listing and Financial Details
- Tax Lot # 24
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 17, 2017
Closed on
Oct 4, 2018
Sold by
Fricano Dorrie Linda
Bought by
Fricano Christopher A
Seller's Agent
Daniel LaRue
Corolla Beach Realty
Buyer's Agent
Four Seasons Realty
Four Seasons Realty
List Price
$1,500,000
Sold Price
$1,335,000
Premium/Discount to List
-$165,000
-11%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,152,713
Avg. Annual Appreciation
9.24%
Original Mortgage
$220,000
Outstanding Balance
$191,853
Interest Rate
4.5%
Mortgage Type
Commercial
Estimated Equity
$2,295,860
Purchase Details
Listed on
Oct 17, 2017
Closed on
Sep 26, 2018
Sold by
Fricano Christopher A and Fricano Tani E
Bought by
Mjb Obx Llc
Seller's Agent
Daniel LaRue
Corolla Beach Realty
Buyer's Agent
Four Seasons Realty
Four Seasons Realty
List Price
$1,500,000
Sold Price
$1,335,000
Premium/Discount to List
-$165,000
-11%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Outstanding Balance
$191,853
Interest Rate
4.5%
Mortgage Type
Commercial
Estimated Equity
$2,295,860
Purchase Details
Closed on
Dec 18, 2001
Bought by
Fricano Christopher A and Fricano Tani E
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Fricano Christopher A | -- | None Available | |
| Mjb Obx Llc | $1,335,000 | None Available | |
| Fricano Christopher A | $459,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mjb Obx Llc | $220,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/05/2018 10/05/18 | Sold | $1,335,000 | -7.9% | $201 / Sq Ft |
| 07/25/2018 07/25/18 | Pending | -- | -- | -- |
| 04/25/2018 04/25/18 | Price Changed | $1,450,000 | -3.3% | $219 / Sq Ft |
| 10/17/2017 10/17/17 | For Sale | $1,500,000 | -- | $226 / Sq Ft |
Source: Outer Banks Association of REALTORS®
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $10,710 | $1,250,700 | $400,000 | $850,700 |
| 2023 | $10,694 | $1,250,700 | $400,000 | $850,700 |
| 2022 | $9,019 | $1,250,700 | $400,000 | $850,700 |
| 2021 | $9,004 | $1,105,100 | $330,000 | $775,100 |
| 2020 | $8,090 | $1,105,100 | $330,000 | $775,100 |
| 2019 | $8,088 | $1,105,100 | $330,000 | $775,100 |
| 2018 | $8,088 | $1,105,100 | $330,000 | $775,100 |
| 2017 | $7,518 | $1,105,100 | $330,000 | $775,100 |
| 2016 | $7,574 | $1,105,100 | $330,000 | $775,100 |
| 2015 | $7,577 | $1,105,100 | $330,000 | $775,100 |
Source: Public Records
Agents Affiliated with this Home
-
Daniel LaRue
-
Sandra LaRue
Seller Co-Listing Agent in 2018
Sandra LaRue
Corolla Beach Realty
(252) 435-5379
46 in this area
77 Total Sales
-
Four Seasons Realty
Buyer's Agent in 2018
Four Seasons Realty
Four Seasons Realty
(252) 261-6664
133 in this area
337 Total Sales
Map
Source: Outer Banks Association of REALTORS®
MLS Number: 98168
APN: 115A-000-0024-0008
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