Seller's Agent in 2022
Leslie Gilmore
Great Escapes Vacations & Sales
(252) 267-0968
9 in this area
116 Total Sales
985 Lighthouse Dr Corolla, NC 27927
Estimated Value: $1,434,000 - $3,133,798
6
Beds
5.5
Baths
4,013
Sq Ft
$620/Sq Ft
Est. Value
Highlights
- Beach Front
- In Ground Pool
- Contemporary Architecture
- Ocean View
- Second Refrigerator
- Cathedral Ceiling
About This Home
As of June 2022Sea Oats Cottage is a gorgeous 6BR/5.5BA Corolla Oceanfront home located on a premium homesite in the extremely desirable Whalehead subdivision. Quality built by Olin Finch for maximum ocean views and gracious living, the top level features a very large great room with panoramic views of the Atlantic Ocean, hardwood floors and built-in bookcases, kitchen, home office and master bedroom. The master bath was renovated over the winter and now features a tiled shower. On the mid-level you will find a large den with TV viewing area and pool table, three master bedrooms, laundry and access to the hot tub located on the Oceanfront deck. The ground level also had some renovations over the winter and now features a beautifully crafted theater room and wet bar as well as two more bedrooms and a full bath. The exterior of the home was just painted in 2020.
Last Agent to Sell the Property
Great Escapes Vacations & Sales License #198088 Listed on: 05/05/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,093
Year Built
- Built in 1997
Lot Details
- Beach Front
- Landscaped
- Sprinkler System
Parking
- Paved Parking
Home Design
- Contemporary Architecture
- Reverse Style Home
- Slab Foundation
- Frame Construction
- Asphalt Shingled Roof
- Wood Siding
- Shake Siding
- Piling Construction
Interior Spaces
- 4,013 Sq Ft Home
- Furnished
- Cathedral Ceiling
- Ceiling Fan
- Window Treatments
- Library
- Game Room
- Utility Room
- Ocean Views
- Fire and Smoke Detector
Kitchen
- Microwave
- Second Refrigerator
- Ice Maker
- Dishwasher
Flooring
- Wood
- Carpet
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
- 6 Bedrooms
- En-Suite Primary Bedroom
Laundry
- Dryer
- Washer
Pool
- In Ground Pool
- Fiberglass Pool
- Outdoor Pool
- Spa
- Outdoor Shower
Outdoor Features
- Sun Deck
- Covered Deck
- Exterior Lighting
Utilities
- Zoned Heating and Cooling
- Heat Pump System
- Municipal Utilities District Water
- Fuel Tank
- Private or Community Septic Tank
Listing and Financial Details
- Tax Lot 8
Community Details
Overview
- Built by Olin Finch
- Whalehead Club Subdivision
Recreation
- Community Boardwalk
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 5, 2021
Closed on
Jun 14, 2022
Sold by
Rivera Michael J and Rivera Aimee B
Bought by
Rutkowski Thomas Andrew and Rutkowski Monica Lynn
Seller's Agent
Leslie Gilmore
Great Escapes Vacations & Sales
Buyer's Agent
Connie Gray
Island Crest OBX Realty
List Price
$2,950,000
Sold Price
$2,500,000
Premium/Discount to List
-$450,000
-15.25%
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
-$10,050
Avg. Annual Appreciation
-0.11%
Original Mortgage
$1,875,000
Outstanding Balance
$1,778,648
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$711,302
Purchase Details
Closed on
May 17, 2019
Sold by
Jornica I Llc
Bought by
Rivera Michael J and Rivera Aimee B
Purchase Details
Closed on
Jun 11, 2007
Sold by
Rivera Michael J and Rivera Aimee B
Bought by
Jornica I Llc
Purchase Details
Closed on
Jan 3, 2006
Sold by
Jornica I Llc
Bought by
Rivera Michael J and Rivera Aimee B
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 |
|---|---|---|---|
| Rutkowski Thomas Andrew | $12,500,000 | Mccown Linda H | |
| Rivera Michael J | -- | None Available | |
| Jornica I Llc | -- | None Available | |
| Rivera Michael J | -- | None Available | |
| Jornica I Llc | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rutkowski Thomas Andrew | $1,875,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/15/2022 06/15/22 | Sold | $2,500,000 | -10.7% | $623 / Sq Ft |
| 04/09/2022 04/09/22 | Pending | -- | -- | -- |
| 03/12/2022 03/12/22 | Price Changed | $2,799,000 | -1.8% | $697 / Sq Ft |
| 12/30/2021 12/30/21 | Price Changed | $2,849,000 | -3.4% | $710 / Sq Ft |
| 05/05/2021 05/05/21 | For Sale | $2,950,000 | -- | $735 / 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 |
|---|---|---|---|---|
| 2025 | $26,005 | $3,025,300 | $1,094,800 | $1,930,500 |
| 2024 | $26,005 | $2,676,900 | $1,094,800 | $1,582,100 |
| 2023 | $22,993 | $1,533,800 | $1,094,800 | $439,000 |
| 2022 | $11,077 | $1,533,800 | $1,094,800 | $439,000 |
| 2021 | $11,062 | $1,231,500 | $833,000 | $398,500 |
| 2020 | $9,093 | $1,231,500 | $833,000 | $398,500 |
| 2019 | $9,093 | $1,231,500 | $833,000 | $398,500 |
| 2018 | $9,093 | $1,231,500 | $833,000 | $398,500 |
| 2017 | $8,447 | $1,231,500 | $833,000 | $398,500 |
| 2016 | $8,509 | $1,231,500 | $833,000 | $398,500 |
| 2015 | $8,509 | $1,231,500 | $833,000 | $398,500 |
Source: Public Records
Agents Affiliated with this Home
-
Leslie Gilmore
-
Connie Mason
C
Seller Co-Listing Agent in 2022
Connie Mason
Salty-Fin Realty, LLC
(252) 216-8257
5 in this area
80 Total Sales
-
Connie Gray
Buyer's Agent in 2022
Connie Gray
Island Crest OBX Realty
(252) 202-8979
9 in this area
27 Total Sales
Map
Source: Outer Banks Association of REALTORS®
MLS Number: 114234
APN: 115A-000-0008-0007
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IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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