NOT LISTED FOR SALE

977 Lighthouse Dr Corolla, NC 27927

Estimated Value: $1,825,000 - $4,576,662

0.8 Acre
$4,071,170 Price per Acre
35,022 Sq Ft Lot

Last Sold August 03, 2018

Last sale price $1,050,000

Est. 212% increase in value since last sale

Current estimated payment $18,529/month

42 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Timber
  • Community Beach Access

About This Lot

As of August 2018

Gorgeous Oceanfront lot in the highly desirable Whalehead subdivision. Whalehead is centrally located in Corolla near shopping, dining and attractions The beach in this area is breathtaking. Water tap is already in place. Buy now and start building your ultimate Oceanfront vacation house on this large lot.

Last Agent to Sell the Property

Margaret Dyer

Great Escapes Vacations & Sales License #126098 Listed on: 02/06/2018

Last Buyer's Agent

Sumit Gupta

VR Real Estate Advisors, LLC License #212627

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,928

Lot Details

  • Lot Dimensions are 100 x 350
  • Beach Front
  • 100 Feet of Waterfront

HOA Fees

  • $4 Monthly HOA Fees

Utilities

  • Municipal Utilities District Water
  • Private or Community Septic Tank

Additional Features

  • Ocean Views
  • Timber

Community Details

Overview

  • Whalehead Club Subdivision

Recreation

  • Community Beach Access

Property Details

Property Type

Land

Est. Annual Taxes

$4,928

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • Class: LOTS/LAND
  • Directions: From Ocean Trail, Left into Whalehead at Bonita. Left at stop sign on corner of Bonita and Lighthouse. Lot is located on the corner of Lighthouse Drive and Perch Street.
  • Flood Zone: VE
  • Headline: Gorgeous Whalehead Oceanfront!
  • L V T Date: 02/06/2018
  • Roads: Public, Paved
  • Sale/Rent: For Sale
  • Section: 7
  • Waterfront Location: Oceanfront
  • Zoning: Res
  • Timber: Light
  • Deed Book Pg Number: 1262
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C19850
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Street Frontage: 100
  • View: Ocean
  • Water Frontage: 100

Utilities

  • Sewer/Septic System: Private Septic
  • Water: Municipal
  • Electric: Available

Condo/Co-op/Association

  • Association Amenities: Ocean Access
  • Association Fee: Voluntary - Restrictive Covenants May Apply
  • Estimated Annual Fee: 45

Lot Info

  • Lot Description: Beach Frontage
  • Lot Faces: East
  • Lot Size: 100 X 350
  • Deed Book: 790
  • Unit/Lot Number: Lot #12

Tax Info

  • Year: 2016
  • Taxes: 4927.68

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 11, 2022
Sold by
Kachhy and Radha
Bought by
Rammer Investments Llc
Current Estimated Value
$3,273,221

Purchase Details

Closed on
May 24, 2021
Sold by
977 Lhd Llc
Bought by
Kachhy Harsh and Kachhy Radha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,921,250
Interest Rate
2.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2021
Sold by
Defay Jim and Defay Valerie
Bought by
977 Lhd Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,921,250
Interest Rate
2.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 6, 2019
Sold by
Defay Jim
Bought by
977 Lhd Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,033,500
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 5, 2019
Sold by
977 Lhd Llc
Bought by
Defay Jim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,033,500
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Feb 6, 2018
Closed on
Aug 3, 2018
Sold by
Tirana Bardyl R and The Elizabeth Carol Shafer Rev
Bought by
977 Lhd Llc
Seller's Agent
Margaret Dyer
Great Escapes Vacations & Sales
Buyer's Agent
Sumit Gupta
VR Real Estate Advisors, LLC
List Price
$1,099,000
Sold Price
$1,050,000
Premium/Discount to List
-$49,000
-4.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.56%
Original Mortgage
$2,160,000
Interest Rate
4.5%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 25, 2013
Sold by
Schafer Elizabeth Carol
Bought by
Tirana Bardyl R and The Elizabeth Carol Schafer Revocable Tr
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Rammer Investments Llc $992,500 --
Rammer Investments Llc $992,500 None Listed On Document
Kachhy Harsh $3,895,000 None Available
977 Lhd Llc -- None Available
977 Lhd Llc -- None Available
Defay Jim -- None Available
977 Lhd Llc $1,050,000 None Available
Tirana Bardyl R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kachhy Harsh $2,921,250
Previous Owner Defay Jim $2,033,500
Previous Owner 977 Lhd Llc $2,160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/03/2018 08/03/18 Sold $1,050,000 -4.5% --
03/20/2018 03/20/18 Pending -- -- --
02/06/2018 02/06/18 For Sale $1,099,000 -- --
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 $17,106 $1,994,600 $1,094,800 $899,800
2024 $17,106 $1,994,600 $1,094,800 $899,800
2023 $17,090 $1,994,600 $1,094,800 $899,800
2022 $14,079 $1,994,600 $1,094,800 $899,800
2021 $14,064 $1,155,600 $833,000 $322,600
2020 $8,417 $1,155,600 $833,000 $322,600
2019 $8,417 $833,000 $833,000 $0
2018 $437 $833,000 $833,000 $0
2017 $5,706 $833,000 $833,000 $0
2016 $7,089 $1,026,600 $833,000 $193,600
2015 -- $1,026,600 $833,000 $193,600
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2018

    Margaret Dyer

    Great Escapes Vacations & Sales

  • Sumit Gupta

    Buyer's Agent in 2018

    Sumit Gupta

    VR Real Estate Advisors, LLC

    (252) 207-8997

    2 in this area

    11 Total Sales

    Sumit Gupta
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 99179

Outer Banks Association of REALTORS®

APN: 115A-000-0012-0007

North Carolina Currituck County Corolla 27927

977 Lighthouse Dr, Corolla, NC

Not Listed for Sale

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