NOT LISTED FOR SALE

970 Lighthouse Dr Corolla, NC 27927

Estimated Value: $1,472,000 - $1,915,000

6 Beds
5.5 Baths
4,170 Sq Ft
$382/Sq Ft Est. Value

Last Sold September 22, 2021

Last sale price $1,050,000 $252 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $8,994/month

8 Days on Market

Highlights

  • Community Beach Access
  • Cabana
  • Coastal Architecture
  • Ocean Front
  • Second Refrigerator
  • Cathedral Ceiling

About This Home

As of September 2021

Rare opportunity! The ocean is across the street. The beach access is literally at the corner of the lot. The outdoor pool area is excellent with so much room to stretch out in the sun or under the pergola. The kiddy pool and play area are perfect for the small ones. Enjoy the hot tub or grilling area or head inside to test your skill in the game room. With six bedrooms and five and a half baths, and well equipped indoor and outdoor living space, the Sonshine Inn will provide spacious accommodations for your family while providing you with established rental income if you choose to share it with rental guests. Check out the photos. Call your agent. Let's talk about your plans to make memories here on the Outer Banks.

Last Agent to Sell the Property

Rodney Perry

Brindley Beach Vacations & Sales - Cor License #218159 Listed on: 08/14/2021

Last Buyer's Agent

Melanie Day

Landmark Sotheby's Internation License #219374

Landmark Sotheby's Internation

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,840

Year Built

  • Built in 1995

Lot Details

  • 0.51 Acre Lot
  • Ocean Front
  • Landscaped
  • Level Lot

Parking

  • Paved Parking

Home Design

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

Interior Spaces

  • 4,170 Sq Ft Home
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Window Treatments
  • Game Room
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Pool

  • Cabana
  • In Ground Pool
  • Gunite Pool
  • Outdoor Pool
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Patio
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Tax Lot # 25

Community Details

Overview

  • Whalehead Club Subdivision

Recreation

  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,840

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Directions: From NC 12, turn east on Bonito Street. Turn left (north) on Lighthouse Drive. House is on the left.
  • Extras: Cabana, Covered Decks, Landscaped, Outside Lighting, Outside Shower, Patio, Smoke Detector(s), Sun Deck, Whirlpool/Spa
  • Flood Zone: X
  • Headline: Very Few Steps to the Ocean
  • Heated Sq Ft: 4170
  • L V T Date: 08/14/2021
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: 8
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: Res
  • Advertised Income 2020: 90756
  • Advertised Income 2021: 76855
  • Deed Book Pg Number: E/00
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C14121
  • 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 Refrigerator
  • Bedrooms: 6
  • Countertops: Laminate
  • Floor Coverings: Carpet, Vinyl, Wood Laminate
  • Foundation: Piling
  • Full Bathrooms: 5
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Ensuite, Wet Bar
  • Optional Rooms: Game Room
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Lap Siding, Wood
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Gunite, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Garage: Carport
  • Parking: Paved

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Ocean Access
  • Home Owner Dwelling Insurance: 4456

Lot Info

  • Estimated Lot Sq Ft: 22000
  • Lot Description: Level
  • Lot Number: Lot # 25
  • Estimated Lot Size: 0.51
  • Deed Book: 17

Rental Info

  • Lease Terms: Weekly
  • Rental Co: Twiddy and Company
  • Rental Cottage Name: Sonshine Inn
  • Rental Cottage Number: J20970
  • Rental Phone Number: 252-457-1100
  • Rental Turnover Day: Saturday
  • Yearly Expense Actual Estimate: Actual
  • Annual Electric: 3993
  • Annual Water Expense: 1448
  • Rental Contact Name: Jen Kavanaugh
  • Rental Contact Phone: 252-457-1100

Building Info

  • Year Built: 1995

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2020
  • Taxes: 5840

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2021
Closed on
Sep 21, 2021
Sold by
Adams Barbara A
Bought by
Rodriguez Roberto Luis and Rodriguez Sara Mendez
Seller's Agent
Rodney Perry
Brindley Beach Vacations & Sales - Cor
Buyer's Agent
Melanie Day
Landmark Sotheby's Internation
List Price
$1,100,000
Sold Price
$1,050,000
Premium/Discount to List
-$50,000
-4.55%
Current Estimated Value
$1,592,795

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$542,795
Avg. Annual Appreciation
10.25%
Original Mortgage
$840,000
Outstanding Balance
$760,997
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$831,798

Purchase Details

Closed on
Mar 8, 1994
Bought by
Adams Richard M and Adams Barbara Ann
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
Rodriguez Roberto Luis $1,050,000 None Available
Adams Richard M $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodriguez Roberto Luis $840,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/22/2021 09/22/21 Sold $1,050,000 -4.5% $252 / Sq Ft
08/22/2021 08/22/21 Pending -- -- --
08/14/2021 08/14/21 For Sale $1,100,000 -- $264 / 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 $7,786 $954,100 $420,000 $534,100
2024 $7,786 $873,400 $420,000 $453,400
2023 $7,770 $873,400 $420,000 $453,400
2022 $6,565 $873,400 $420,000 $453,400
2021 $6,452 $781,800 $346,500 $435,300
2020 $5,840 $781,800 $346,500 $435,300
2019 $5,840 $781,800 $346,500 $435,300
2018 $5,840 $781,800 $346,500 $435,300
2017 $5,431 $781,800 $346,500 $435,300
2016 $5,470 $781,800 $346,500 $435,300
2015 $5,441 $781,800 $346,500 $435,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 115709

Outer Banks Association of REALTORS®

APN: 115A-000-0025-0008