976 Lighthouse Dr Corolla, NC 27927
Corolla NeighborhoodEstimated Value: $1,560,000 - $1,647,000
8
Beds
7.5
Baths
4,573
Sq Ft
$349/Sq Ft
Est. Value
Highlights
- Ocean Front
- Home Theater
- Second Refrigerator
- Beach Access
- In Ground Pool
- Craftsman Architecture
About This Home
As of May 20218 Bedroom, nicely remodeled semioceanfront rental machine, located just 2 lots from the boardwalk to the one of the nicest beaches on the OBX. This spacious home offers a private gunite pool, hot tub, elevator, rec room with a pool table and a theater room, a great vacation home that handles a large family group with ease and comfort. This house has all the amenities the renters are looking for in a great vacation. Close to the beach access with good ocean views, convenient to shopping, restaurants and all the historical Corolla attractions. Just a short ride to the 4 Wheel Drive for a fun ride up the beach to fish or look at the wild horses. Already booked 116K in 2021!!
Last Agent to Sell the Property
Twiddy and Co. - Duck License #103949 Listed on: 08/13/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,731
Year Built
- Built in 1986
Lot Details
- Ocean Front
- Level Lot
Home Design
- Craftsman Architecture
- Coastal Architecture
- Contemporary Architecture
- 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
- Home Theater
- Game Room
- Ocean Views
Kitchen
- Oven or Range
- Microwave
- Second Refrigerator
- Ice Maker
- Dishwasher
- Granite Countertops
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 8 Bedrooms
Laundry
- Dryer
- Washer
Parking
- Paved Parking
- Off-Street Parking
Pool
- In Ground Pool
- Gunite Pool
- Outdoor Pool
- Spa
Outdoor Features
- Beach Access
- Sun Deck
- Covered Deck
Utilities
- Zoned Heating and Cooling
- Heat Pump System
- Municipal Utilities District Water
- Private or Community Septic Tank
Community Details
- Built by Remodel by Finch and Co
- Whalehead Club Subdivision
Listing and Financial Details
- Tax Lot 15
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 13, 2020
Closed on
Apr 16, 2021
Sold by
Tp Realty Investments I Llc
Bought by
Granville Eric and Granville Joyce
Seller's Agent
William Hogan
Twiddy and Co. - Duck
Buyer's Agent
Connie Gray
Island Crest OBX Realty
List Price
$1,250,000
Sold Price
$1,200,000
Premium/Discount to List
-$50,000
-4%
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
$396,783
Avg. Annual Appreciation
7.55%
Original Mortgage
$220,000
Outstanding Balance
$168,838
Interest Rate
2.4%
Mortgage Type
New Conventional
Estimated Equity
$1,444,921
Purchase Details
Closed on
Feb 17, 2015
Sold by
Richardson Robert H and Richardson Laura R
Bought by
Tp Realty Investments I Llc
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
Similar Homes in Corolla, NC
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 |
|---|---|---|---|
| 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 |
|---|---|---|---|---|
| 05/26/2021 05/26/21 | Sold | $1,200,000 | -4.0% | $262 / Sq Ft |
| 03/14/2021 03/14/21 | Pending | -- | -- | -- |
| 08/13/2020 08/13/20 | For Sale | $1,250,000 | -- | $273 / 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 | $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
-
William Hogan
Seller's Agent in 2021
William Hogan
Twiddy and Co. - Duck
(252) 202-9090
22 in this area
45 Total Sales
-
Connie Gray
Buyer's Agent in 2021
Connie Gray
Island Crest OBX Realty
(252) 202-8979
14 in this area
33 Total Sales
Map
Source: Outer Banks Association of REALTORS®
MLS Number: 110561
APN: 115A-000-0015-0007
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