NOT LISTED FOR SALE

978 Lighthouse Dr Corolla, NC 27927

Estimated Value: $2,236,000 - $2,898,000

10 Beds
13 Baths
6,388 Sq Ft
$401/Sq Ft Est. Value

Last Sold November 23, 2015

Last sale price $1,625,000 $254 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $14,389/month

26 Days on Market

Highlights

  • Ocean Front
  • Home Theater
  • Second Refrigerator
  • Beach Access
  • Cabana
  • Marble Flooring

About This Home

As of November 2015

Indulge in the luxury offered by this semi-oceanfront home with ocean views. Watch the sunrise over the Atlantic as you sip your morning coffee, spend time basking in the sun by the private pool, watching movies in the theatre room or enjoying games of pool or basketball. Six of the master bedrooms have an ocean view, with common areas on the mid and top levels and an office in the guest wing. This custom built home offers special attention to detail. Marble tile floor foyer and hardwood floors throughout. Each master suite offers a custom tile bathroom and features special accent details and block glass windows for great lighting. The kitchen is equipped with stainless steel appliances, two dishwashers, double wall ovens, wine cooler, and granite countertops. The Main Master Bedroom on the top floor has a private gas fireplace and the bathroom offers double sinks, Victorian style tub and separate shower with dual shower heads. Attached wing includes a master suite, office/study and arcade. The downstairs level features a media area, pool table, and full sized refrigerator, ice maker, and dishwasher. The pool area is very well designed to offer plenty of space for everyone and a cabana area also. You must go in this home to see what it truly has to offer.

Last Agent to Sell the Property

Four Seasons Realty

Four Seasons Realty License #177785 Listed on: 09/23/2015

Co-Listed By

Robert Konstanzer

Four Seasons Realty License #189406

Last Buyer's Agent

Sarah Brown

Keller Williams - Outer Banks License #265135

Keller Williams - Outer Banks

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,253

Year Built

  • Built in 2007

Lot Details

  • Ocean Front
  • Landscaped

Home Design

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

Interior Spaces

  • 6,388 Sq Ft Home
  • Elevator
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Gas Fireplace
  • Window Treatments
  • Entrance Foyer
  • Home Theater
  • Library
  • Game Room
  • Ocean Views

Kitchen

  • Built-In Oven
  • Microwave
  • Second Refrigerator
  • Second Dishwasher

Flooring

  • Wood
  • Carpet
  • Cork
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 10 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Pool

  • Cabana
  • Outdoor Pool
  • Spa

Outdoor Features

  • Beach Access
  • Tiki or Chickee Hut

Utilities

  • Heat Pump System
  • Municipal Utilities District Water
  • Septic System
  • Private Sewer

Community Details

  • Built by Bob Gomez
  • Whalehead Club Subdivision

Listing and Financial Details

  • Tax Lot :16

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,253

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Extras: Beach Access, Cabana, Elevator, Hot Tub, Landscaped, Tiki Bar
  • Heated Sq Ft: 6388
  • Sale/Rent: For Sale
  • Section: 7
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: R
  • Deed Book Pg Number: 1256
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Ice Machine, Microwave, Refrigerator, Wall Oven, Washer, 2nd Dishwasher, 2nd Refrigerator
  • Bedrooms: 10
  • Floor Coverings: Carpet, Tile, Cork, Marble, Hardwood
  • Foundation: Piling
  • Full Bathrooms: 9
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Gas Fireplace, Ensuite, Wet Bar
  • Optional Rooms: Foyer, Game Room, Library/Study, Home Theater
  • Partial Bathrooms: 4

Exterior Features

  • Homebuilder: Bob Gomez
  • Construction: Frame
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool: Private
  • Pool Type: Private Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Utilities

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

Lot Info

  • Lot Number: Lot:16
  • Deed Book: 712

Rental Info

  • Est Annual Rental Income: 177000
  • Estimated Rental Performance: 0.1089
  • Other Expenses: 330000
  • Rental Co: Twiddy and Company
  • Rental Cottage Name: Chillin' The Most
  • Rental Cottage Number: J20978
  • Rental Turnover Day: Sat

Building Info

  • Year Built: 2007

Tax Info

  • Year: 2015
  • Taxes: 8253

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2015
Closed on
Nov 20, 2015
Sold by
Malmberg Derek T and Malmberg Jennifer L
Bought by
R&S Properties Llc
Seller's Agent
Four Seasons Realty
Four Seasons Realty
Buyer's Agent
Sarah Brown
Keller Williams - Outer Banks
List Price
$1,749,000
Sold Price
$1,625,000
Premium/Discount to List
-$124,000
-7.09%
Current Estimated Value
$2,564,502

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$939,502
Avg. Annual Appreciation
4.62%

Purchase Details

Listed on
Mar 29, 2013
Closed on
Jun 20, 2013
Sold by
Ciampi Arthur J and Ciampi Maria L
Bought by
Malberg Derek T and Malberg Jennifer L
Seller's Agent
Four Seasons Realty
Four Seasons Realty
Buyer's Agent
Four Seasons Realty
Four Seasons Realty
List Price
$1,499,999
Sold Price
$1,464,000
Premium/Discount to List
-$35,999
-2.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.42%
Original Mortgage
$1,000,000
Interest Rate
3.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 13, 2006
Sold by
Emad Neal R and Emad Caroine C
Bought by
Clampi Arthur J and Clampi Maria L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,650,000
Interest Rate
6.19%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
R&S Properties Llc $1,625,000 Attorney
Malberg Derek T $1,464,000 None Available
Clampi Arthur J $885,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Malberg Derek T $1,000,000
Previous Owner Clampi Arthur J $1,650,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/23/2015 11/23/15 Sold $1,625,000 -7.1% $254 / Sq Ft
10/19/2015 10/19/15 Pending -- -- --
09/23/2015 09/23/15 For Sale $1,749,000 +19.5% $274 / Sq Ft
06/27/2013 06/27/13 Sold $1,464,000 -2.4% $243 / Sq Ft View Prior Sale
05/14/2013 05/14/13 Pending -- -- --
03/29/2013 03/29/13 For Sale $1,499,999 -- $249 / 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 $11,423 $1,297,500 $400,000 $897,500
2024 $11,407 $1,297,500 $400,000 $897,500
2023 $10,317 $1,297,500 $400,000 $897,500
2022 $9,618 $1,297,500 $400,000 $897,500
2021 $9,603 $1,170,500 $330,000 $840,500
2020 $8,818 $1,170,500 $330,000 $840,500
2019 $8,818 $1,170,500 $330,000 $840,500
2018 $0 $1,170,500 $330,000 $840,500
2017 $8,192 $1,170,500 $330,000 $840,500
2016 $8,280 $1,170,500 $330,000 $840,500
2015 -- $1,170,500 $330,000 $840,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 89686

Outer Banks Association of REALTORS®

APN: 115A-000-0016-0007