Closing Price:
$849,000
870 Lighthouse Drive, Corolla, NC 27927
6 bd
5 ba
2960 sq ft
MLS #: 108063
Status: Closed

Sold Details

Status: Closed
Sold Price: $802,500.00
Closing Date: 6/11/2020
Off Market Date: 3/24/2020
Contract Date: 5/14/2020
Seller Concessions: No
Total Days on Market:
Cumulative Days on Market: 82

Listing Information

Area: Corolla Oceanside
Mls Status: Closed
Days On Market: 82
Cumulative Days On Market: 82
Listing Price: $849,000
Original Listing Price: $849,000
Short Sale: No
Price Date: 6/11/2020
Furnishing Available: Yes
Bill Of Sale Amount: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 2960
Asking Price Per SqFt: $287.00
Heated Living Area Sq Ft: 2960
BedroomsTotal: 6
Bathrooms Full: 5
Bathrooms Partial: 1
Year Built: 2000
Garage: Carport
Architectural Style: Beach Box, Reverse Floor Plan, Coastal
Sub Type: Single Family Residence
Appliances: 2nd Dishwasher, Dryer, Dishwasher, Microwave, Refrigerator w/Ice Maker, Range/Oven, Washer
Roof: Asphalt
Parking: Off Street, Paved, Underground
Foundation: Piling, Slab
Pool: Yes
Pool Type: Private
Pool Features: Fiberglass, In Ground, Private
Counter Tops: Granite
Cooling: Central Air, Heat Pump
Interior Features: Cathedral Ceiling(s)
Heating: Central, Heat Pump
Room Type: Game Room
Flooring: Carpet, Ceramic Tile, Wood
Construction Materials: Frame, Wood Siding

Legal Description

Section: 12
County: Currituck
Subdivision: Whalehead Club
Subdivision Name: Whalehead Club
Deed Book: 867
Deed Book Page Number: 724
County Pin Number: 115A00000240012
Price Change: 6/10/2020
Road Surface: Paved, Public

Lot Details

Lot Size Acres: 0.51
Lot Size Square Feet: 22000
Lot Features: Corner Lot, Level
Lot Faces: 0.51
Waterfront: Semi-Oceanfront (2nd row)
View: Ocean
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2019
Annual Property Taxes: $4,972.00
Flood Zone: X
Water Source: Municipal
Contract Status Change Date: 6/11/2020
Estimated Annual Fee Amt: $45.00
Sewer: Septic Tank
Association Fee Yes or No: Voluntary - Restrictive Covenants May Apply

Financials

Bill Of Sale Amoung: 1
Bank/Institution Owned: No
Exterior: Cement Fiber Board
Extras: Beach Access,Ceiling Fan(s),Covered Decks,Hot Tub,Landscaped,Outside Lighting,Outside Shower,Smoke Detector(s),Sun Deck
HOA Contact Name: Wpoa.org
Primary Residence: No
HOA Contact Info: Whalehead POA

Rental Income

Annual Rental Income: 98800
Rental Performance: 0.1231

Listing Agent Remarks

Updated Semi- OceanFront 6 bedroom 5.5 bath home that features expansive Ocean Views and Direct Beach Access. This home is situated on an oversized 22,000 SqFt Corner Lot and in Flood Zone X. Whale Song 1 is a perfect investment opportunity w/ Consistent Strong Advertised Gross Rental income and 11.6% GRI: $98,800 in 2019, $96,200 in 2018 and $94,100 in 2017. The Top Floor boasts Ocean Views, an open spacious floor plan for all to gather with Kitchen, Dining Room, Living Room, Master Bedroom, half bath and Deck Access. Kitchen has been recently updated with beautiful Granite Counter Tops, Refinished Cabinets, 2 DishWashers, Stainless Steel Refrigerator and Stove. On the Mid Level you will find 3 bedrooms - 2 Master Bedrooms with Ocean Views & Deck access and 1 Queen bedroom with a full bath. Ground Level offers a Rec Room/Sitting Room with Minibar, 2 Bedrooms ( One King and One with Bunk Bed & Duo Bunkbed) that share the Hall Bath. The Large Private Pool Area with Hot Tub can be accessed from the Ground Level. Some of the Recent updates are: 2020 Exterior Painted and Decks Power Washed. 2019 New Kitchen Granite Counter tops, Refinished Kitchen Cabinets, Stainless Refrigerator , Stainless Steel Stove, and Dryer. Hot Water Heaters and flooring have also been updated. If you are looking for a well maintained updated Semi-OceanFront 6 bedroom 5.5 bath home with Amazing Ocean Views, Direct Beach Access, Flood Zone X and Consistent Strong Rental Income with 11.6% GRI, then this is the home for You ! Call now to make an appointment to see this home.

Directions

NC-12 North, Turn Right on Dolphin Street (just after Ace Hardware), Turn Left on Lighthouse Drive. Home is located about half of a mile on Left.

Official MLS Disclaimer

The data relating to real estate for sale on this web site comes from the Broker Reciprocity Program of the Outer Banks Association of REALTORS. This property located at 870 Lighthouse Drive in Corolla is provided courtesy of Corolla Beach Realty . Information is believed to be accurate but is not warranted. Copyrighted by Outer Banks Association of REALTORS. All Rights Reserved. IDX information is provided by Shore Realty of the OBX exclusively for consumers, personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. If this page disappears from this site it means the property at 870 Lighthouse Drive in Corolla is no longer available for sale. If you are interested in this property or have any questions about buying or selling real estate on the Outer Banks call Shore Realty. Local 252-441-3416 OR 800-647-1868.
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