NOT LISTED FOR SALE

990 Lighthouse Dr Corolla, NC 27927

Estimated Value: $1,328,000 - $1,541,000

5 Beds
5.5 Baths
3,200 Sq Ft
$448/Sq Ft Est. Value

Last Sold March 03, 2015

Last sale price $784,500 $245 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $8,273/month

7 Days on Market

Highlights

  • Ocean Front
  • Concrete Pool
  • Second Refrigerator
  • Beach Access
  • Rooftop Deck
  • Contemporary Architecture

About This Home

As of March 2015

Great location! This semi-oceanfront home is only 200’ from the beach access in popular Whalehead, with stellar ocean views. Well maintained home with upgrades in 2014 including new landscaping, hot tub, mid & lower level HVAC, dishwasher & carpeting. This spacious handicap friendly reverse floor plan features an elevator, bright and airy vaulted great room with gas fireplace, built-in entertainment center & access to wrap-around sun deck, large open kitchen with breakfast bar, dining area with access to the west side deck & roof top deck to enjoy the sunrises/sunsets, screened porch, ships watch and master bedroom with deck access. Landing features a powder room. Mid-level offers a comfortable TV/Den area with access to wrap around covered decks overlooking the pool area, 3 master bedrooms (one handicap friendly with 3”wide doors, ramp to the deck, roll in shower & roll-under sink). Enjoy a game of pool in the spacious game room on the lower level, with kitchenette including wet bar, refrigerator, & microwave, bedroom, laundry room, full bath and access to a large 19x32 private pool, and hot tub. Close to shops & restaurants.

Last Agent to Sell the Property

Martha Springer

Twiddy and Company - Corolla License #135162 Listed on: 01/11/2015

Last Buyer's Agent

Terry Cremia

Shore Realty License #204156

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,476

Year Built

  • Built in 2002

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 100x200
  • Ocean Front
  • Landscaped
  • Property is zoned Res.

Parking

  • Paved Parking

Home Design

  • Contemporary Architecture
  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Vinyl Construction Material

Interior Spaces

  • 3,200 Sq Ft Home
  • Elevator
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Living Room
  • Dining Room
  • Game Room
  • Screened Porch

Kitchen

  • Oven or Range
  • Microwave
  • Second Refrigerator
  • Ice Maker
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Accessible Home Design

  • Handicap Accessible

Pool

  • Concrete Pool
  • In Ground Pool
  • Outdoor Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Beach Access
  • Sun Deck
  • Rooftop Deck
  • Covered Deck
  • Exterior Lighting

Utilities

  • Heat Pump System
  • Municipal Utilities District Water
  • Private or Community Septic Tank

Community Details

  • Whalehead Club Subdivision

Listing and Financial Details

  • Tax Lot #22

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,476

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary, Reverse Floor Plan
  • Directions: Ocean Trail, East on Bonito St. N on Lighthouse, pass Perch St. house on left before Herring St.
  • Extras: Beach Access, Ceiling Fan(s), Common Laundry Area, Covered Decks, Elevator, Handicap Friendly, Hot Tub, Landscaped, Outside Lighting, Outside Shower, Screened Porch, Security System, Smoke Detector(s), Sun Deck, Roof Top Deck
  • Flood Zone: AE
  • Subdivision Name: Whalehead
  • Headline: Great Location & Views!
  • Heated Sq Ft: 3200
  • Roads: Paved
  • Sale/Rent: For Sale
  • Section: 7
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: Res.
  • Deed Book Pg Number: 475
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer, 2nd Refrigerator
  • Bedrooms: 5
  • Bedroom 1: On Level: 3
  • Bedroom 2: On Level: 2
  • Bedroom 3: On Level: 2
  • Bedroom 4: On Level: 2
  • Bedroom 5: On Level: 1
  • Kitchen: On Level: 3
  • Countertops: Laminate
  • Floor Coverings: Carpet, Ceramic Tile, Vinyl
  • Foundation: Piling
  • Full Bathrooms: 5
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Gas Fireplace, Ensuite, Wet Bar
  • Dining Room: On Level: 3
  • Game Room: On Level: 1
  • Living Room: On Level: 3
  • Optional Rooms: Game Room, Shipswatch
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Vinyl
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Concrete
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 100

Garage/Parking

  • Garage: Carport
  • Parking: Paved

Utilities

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

Condo/Co-op/Association

  • Home Owner Dwelling Insurance: 6389

Lot Info

  • Estimated Lot Sq Ft: 20000
  • Lot Size: 100x200
  • Lot Number: Lot#22
  • Deed Book: 411

Rental Info

  • Est Annual Rental Income: 78656
  • Estimated Rental Performance: 0.1003
  • Flood Expenses: 1856
  • Lease Terms: Weekly
  • Rental Co: Twiddy and Company
  • Rental Cottage Name: Sea Moon
  • Rental Cottage Number: J20990
  • Rental Phone Number: 457-1111
  • Rental Turnover Day: Sat.

Building Info

  • Year Built: 2002

Tax Info

  • Year: 2014
  • Taxes: 5476

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2015
Closed on
Feb 25, 2015
Sold by
Bennett Leo L and Bennett Valerie C
Bought by
Morrison Michael C and Morrison Amy F
Seller's Agent
Martha Springer
Twiddy and Company - Corolla
Buyer's Agent
Terry Cremia
Shore Realty
List Price
$799,500
Sold Price
$784,500
Premium/Discount to List
-$15,000
-1.88%
Current Estimated Value
$1,453,848

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$669,348
Avg. Annual Appreciation
5.71%
Original Mortgage
$400,000
Outstanding Balance
$136,938
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$1,295,545
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Morrison Michael C $784,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morrison Michael C $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/03/2015 03/03/15 Sold $784,500 -1.9% $245 / Sq Ft
01/18/2015 01/18/15 Pending -- -- --
01/11/2015 01/11/15 For Sale $799,500 -- $250 / 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 $7,869 $906,200 $400,000 $506,200
2024 $7,853 $906,200 $400,000 $506,200
2023 $7,853 $906,200 $400,000 $506,200
2022 $6,634 $906,200 $400,000 $506,200
2021 $0 $784,500 $330,000 $454,500
2020 $5,801 $784,500 $330,000 $454,500
2019 $5,801 $784,500 $330,000 $454,500
2018 $0 $784,500 $330,000 $454,500
2017 $0 $784,500 $330,000 $454,500
2016 $5,428 $784,500 $330,000 $454,500
2015 -- $784,500 $330,000 $454,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 86319

Outer Banks Association of REALTORS®

APN: 115A-000-0022-0007