NOT LISTED FOR SALE

971 Lighthouse Dr Corolla, NC 27927

Estimated Value: $2,303,000 - $2,665,000

6 Beds
6.5 Baths
3,990 Sq Ft
$635/Sq Ft Est. Value

Last Sold December 03, 2021

Last sale price $2,200,000 $551 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $14,335/month

6 Days on Market

Highlights

  • Beach Front
  • Fiberglass Pool
  • Contemporary Architecture
  • Ocean View
  • Second Refrigerator
  • Cathedral Ceiling

About This Home

As of December 2021

Natural light, strong dune and amazing ocean views! "Oceanfront Gold" has been a consistent rental income producer with projected 2022 rents over $200k. This reverse floor plan home boasts hardwood floors, an updated kitchen, oversized picture windows and a screened in porch. The top level also has a master bedroom with a private porch along with an elevated reading nook off of the living area. The mid level has the 5 other bedrooms, 3 of which are master bedroom. The ground floor has an extra living area with access to the pool area along with a full bathroom, 2nd refrigerator and the laundry room. Recent upgrades include: new hot water heaters as of 2021, mid level HVAC 2018, main level HVAC 2021. One of the most affordable oceanfront properties in Whalehead, schedule your appointment today!

Last Agent to Sell the Property

Matt Preston

Twiddy and Company - Corolla License #288364 Listed on: 09/20/2021

Last Buyer's Agent

Heather McLay

Landmark Sotheby's Internation License #188982

Landmark Sotheby's Internation

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,715

Year Built

  • Built in 1994

Lot Details

  • Beach Front

Parking

  • Paved Parking

Home Design

  • Contemporary Architecture
  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 3,990 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Ocean Views

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Pool

  • Fiberglass Pool
  • Outdoor Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Covered Deck

Utilities

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

Listing and Financial Details

  • Tax Lot 3

Community Details

Overview

  • Whalehead Club Subdivision

Recreation

  • Community Boardwalk

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,715

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary, Reverse Floor Plan
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Covered Decks, Hot Tub, Outside Shower, Sun Deck
  • Flood Zone: X
  • Headline: Natural Light & Ocean Views
  • Heated Sq Ft: 3990
  • L V T Date: 09/20/2021
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: 8
  • Waterfront Location: Oceanfront
  • Zoning: Res
  • Deed Book Pg Number: 0277
  • 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, 2nd Dishwasher, 2nd Refrigerator
  • Bedrooms: 6
  • Countertops: Granite
  • Floor Coverings: Carpet, Ceramic Tile, Wood
  • Foundation: Piling
  • Full Bathrooms: 6
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Dryer Connection, Gas Fireplace, Ensuite, Washer Connection
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool: Private
  • Pool Type: Fiberglass, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Garage: Carport
  • Parking: Paved

Utilities

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

Lot Info

  • Lot Description: Beach Frontage
  • Lot Number: Lot 3
  • Deed Book: 1395

Rental Info

  • Est Annual Rental Income: 202995
  • Estimated Rental Performance: 0.0923
  • Lease Terms: Weekly
  • Rental Co: Brindley Beach Vacations

Building Info

  • Year Built: 1994

Tax Info

  • Year: 2021
  • Taxes: 10714.73

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2021
Closed on
Nov 17, 2021
Sold by
Abby Holdings Llc
Bought by
Soldo Aleksandra and Garofalis Haralambos G
Seller's Agent
Matt Preston
Twiddy and Company - Corolla
Buyer's Agent
Heather McLay
OBX Homes
List Price
$2,099,000
Sold Price
$2,200,000
Premium/Discount to List
$101,000
4.81%
Current Estimated Value
$2,532,899

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$332,899
Avg. Annual Appreciation
3.52%
Original Mortgage
$1,687,500
Outstanding Balance
$1,542,013
Interest Rate
3.09%
Mortgage Type
Commercial
Estimated Equity
$990,886

Purchase Details

Listed on
Aug 17, 2016
Closed on
Dec 9, 2016
Sold by
Goldman Leonard J and Demarco Lisa A
Bought by
Abby Holdings Llc
Seller's Agent
Martha Springer
Twiddy and Company - Corolla
Buyer's Agent
Glenn Jungen
Twiddy and Company - Corolla
List Price
$1,450,000
Sold Price
$1,380,000
Premium/Discount to List
-$70,000
-4.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.09%
Original Mortgage
$900,000
Interest Rate
4.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 25, 2011
Sold by
Demarco Gina M
Bought by
Goldman Leonard J and Demarco Lisa A

Purchase Details

Closed on
Feb 5, 2010
Sold by
Goldman Leonard J
Bought by
Demarco Lisa A
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
Soldo Aleksandra $2,200,000 None Available
Abby Holdings Llc $1,380,000 Attorney
Goldman Leonard J $344,000 None Available
Goldman Leonard J -- None Available
Demarco Lisa A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Soldo Aleksandra $1,687,500
Previous Owner Abby Holdings Llc $900,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/03/2021 12/03/21 Sold $2,200,000 +4.8% $551 / Sq Ft
09/26/2021 09/26/21 Pending -- -- --
09/20/2021 09/20/21 For Sale $2,099,000 +52.1% $526 / Sq Ft
01/26/2017 01/26/17 Sold $1,380,000 -4.8% $345 / Sq Ft View Prior Sale
11/04/2016 11/04/16 Pending -- -- --
08/17/2016 08/17/16 For Sale $1,450,000 -- $363 / 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 $12,764 $1,485,400 $1,094,800 $390,600
2024 $12,764 $1,485,400 $1,094,800 $390,600
2023 $12,748 $1,485,400 $1,094,800 $390,600
2022 $10,743 $1,485,400 $1,094,800 $390,600
2021 $10,715 $1,206,000 $833,000 $373,000
2020 $8,904 $1,206,000 $833,000 $373,000
2019 $8,904 $1,206,000 $833,000 $373,000
2018 $8,914 $1,206,000 $833,000 $373,000
2017 $8,198 $1,206,000 $833,000 $373,000
2016 $8,258 $1,206,000 $833,000 $373,000
2015 $8,264 $1,206,000 $833,000 $373,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 116176

Outer Banks Association of REALTORS®

APN: 115A-000-0003-0008