NOT LISTED FOR SALE

976 Lighthouse Dr Unit 15 Corolla, NC 27927

Corolla Neighborhood

Estimated Value: $1,560,000 - $1,647,000

8 Beds
7.5 Baths
4,573 Sq Ft
$349/Sq Ft Est. Value

Last Sold February 27, 2015

Last sale price $1,000,000 $219 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $9,523/month

231 Days on Market

Highlights

  • Community Beach Access
  • Home Theater
  • Cathedral Ceiling
  • Ocean Front
  • Gunite Pool
  • Wood Flooring

About This Home

As of February 2015

Fantastic semi oceanfront home with everything you could possibly want. Beautifully redone in 2008 by Olin Finch. New hot tub in 2013. Fresh interior paint and brand new great room furniture in Spring 2014. 6 master suites, elevator, theatre room, media and game room, private pool and hot tub. Second refrigerator and microwave oven on the lower level. Beach decor with gorgeous attention to detail and great ocean views. Located only 2 homes away from the beach access. Very solid rental income, grossing $110,000 for 2014!

Last Agent to Sell the Property

Heather McLay

Landmark Sotheby's International Realty License #188982 Listed on: 06/02/2014

Landmark Sotheby's International Realty

Co-Listed By

Edith Rowe

Brindley Beach Vacations & Sales-Duck License #188824

Last Buyer's Agent

Anna Hunt

Brindley Beach Vacations & Sales - KH License #231616

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,849

Year Built

  • Built in 1986

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 100x200
  • Ocean Front
  • Level Lot

Parking

  • Paved Parking

Home Design

  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Cement Board or Planked
  • Vinyl Construction Material

Interior Spaces

  • 4,573 Sq Ft Home
  • Elevator
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Living Room
  • Dining Room
  • Home Theater
  • Game Room
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Second Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Pool

  • Gunite Pool
  • Outdoor Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Tax Lot 15

Community Details

Overview

  • Built by Olin Finch did remodel
  • Whalehead Club Subdivision

Recreation

  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,849

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Extras: Ceiling Fan(s), Elevator, Hot Tub, Outside Lighting, Outside Shower, Smoke Detector(s), Sun Deck
  • Headline: 10% GRI, great investment!
  • Heated Sq Ft: 4573
  • Roads: Paved
  • Sale/Rent: For Sale
  • Section: 7
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: res
  • Deed Book Pg Number: E43
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Refrigerator w/Ice Maker, Washer, 2nd Dishwasher
  • Bedrooms: 8
  • Kitchen: On Level: 3
  • Floor Coverings: Carpet, Ceramic Tile, Wood
  • Foundation: Piling
  • Full Bathrooms: 7
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Some Windows Treated, Washer Connection
  • Dining Room: On Level: 3
  • Living Room: On Level: 3
  • Optional Rooms: Game Room, Media Room
  • Partial Bathrooms: 1

Exterior Features

  • Homebuilder: Olin Finch did remodel
  • Construction: Frame
  • Exterior: Vinyl, Cement Fiber Board
  • Pool: Yes
  • Pool: Private
  • Pool Type: Gunite
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Parking: Paved

Utilities

  • Cooling: Heat Pump, Zoned
  • Heating: Heat Pump, Zoned
  • Oilgas Severed Pre Owner: No Representation
  • Sewer/Septic System: Private Septic
  • Water: Municipal

Condo/Co-op/Association

  • Association Amenities: Ocean Access

Lot Info

  • Estimated Lot Sq Ft: 20000
  • Lot Description: Level
  • Lot Faces: E
  • Lot Size: 100x200
  • Lot Number: Lot 15
  • Deed Book: 13

Rental Info

  • Est Annual Rental Income: 104985
  • Estimated Rental Performance: 0.105
  • Lease Terms: Weekly
  • Rental Co: Twiddy and Company
  • Rental Cottage Name: Beach Melody
  • Rental Cottage Number: J20976
  • Rental Phone Number: 252-457-1100
  • Rental Turnover Day: Sat

Building Info

  • Year Built: 1986

Tax Info

  • Year: 2013
  • Taxes: 4849

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 16, 2021
Sold by
Tp Realty Investments I Llc
Bought by
Granville Eric and Granville Joyce
Current Estimated Value
$1,596,783

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
$168,838
Interest Rate
2.4%
Mortgage Type
New Conventional
Estimated Equity
$1,444,921

Purchase Details

Listed on
Jun 2, 2014
Closed on
Feb 17, 2015
Sold by
Richardson Robert H and Richardson Laura R
Bought by
Tp Realty Investments I Llc
Seller's Agent
Heather McLay
Landmark Sotheby's International Realty
Buyer's Agent
Anna Hunt
Brindley Beach Vacations & Sales - KH
List Price
$1,169,000
Sold Price
$1,000,000
Premium/Discount to List
-$169,000
-14.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.75%

Purchase Details

Closed on
Apr 10, 2012
Sold by
Richardson Robert H and Richardson Laura R
Bought by
Richardson Robert H and Richardson Laura R

Purchase Details

Closed on
Oct 22, 2008
Sold by
Crumpler Peter D
Bought by
Reed Warren Kenneth and Richardson Robert H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,000
Interest Rate
6.1%
Mortgage Type
Credit Line Revolving
Source: Public Records

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Range of Values:

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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
Granville Eric $1,200,000 None Available
Tp Realty Investments I Llc $1,000,000 None Available
Richardson Robert H -- None Available
Reed Warren Kenneth $700,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Granville Eric $220,000
Previous Owner Tp Realty Investments I Llc $600,000
Previous Owner Richardson Ii Robert Hugh $391,000
Previous Owner Reed Warren Kenneth $218,000
Previous Owner Richardson Laura R $417,000
Previous Owner Reed Warren K $143,000
Previous Owner Reed Warren Kenneth $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2015 02/27/15 Sold $1,000,000 -14.5% $219 / Sq Ft
01/19/2015 01/19/15 Pending -- -- --
06/02/2014 06/02/14 For Sale $1,169,000 -- $256 / 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
2024 $7,537 $845,200 $400,000 $445,200
2023 $7,537 $845,200 $400,000 $445,200
2022 $6,385 $845,200 $400,000 $445,200
2021 $6,370 $753,500 $330,000 $423,500
2020 $5,731 $753,500 $330,000 $423,500
2019 $5,731 $753,500 $330,000 $423,500
2018 $5,731 $751,800 $330,000 $421,800
2017 $5,326 $751,800 $330,000 $421,800
2016 $5,365 $751,800 $330,000 $421,800
2015 -- $751,800 $330,000 $421,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 83913

Outer Banks Association of REALTORS®

APN: 115A-000-0015-0007