Closing Price:
$699,000
894 Lighthouse Drive, Corolla, NC 27927
4 bd
3 ba
2300 sq ft
MLS #: 109655
Status: Closed

Sold Details

Status: Closed
Sold Price: $660,000.00
Closing Date: 9/15/2020
Contract Date: 6/25/2020
Seller Concessions: Yes
Concession Comments: Purchase price reduced by $15,000 for repairs
Total Days on Market:
Cumulative Days on Market: 14
Due Diligence Date: 7/16/2020

Listing Information

Area: Corolla Oceanside
Mls Status: Closed
Days On Market: 14
Cumulative Days On Market: 14
Listing Price: $699,000
Original Listing Price: $699,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 9/15/2020
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: 2300
Asking Price Per SqFt: $304.00
Heated Living Area Sq Ft: 2300
BedroomsTotal: 4
Bathrooms Full: 3
Year Built: 1988
Garage: None
Architectural Style: Reverse Floor Plan
Sub Type: Single Family Residence
Appliances: Dryer, Dishwasher, Microwave, Refrigerator w/Ice Maker, Range/Oven, Washer
Roof: Asphalt
Parking: Paved, Underground
Foundation: Piling
Pool: Yes
Pool Type: Private
Pool Features: In Ground, Outdoor Pool, Private
Counter Tops: Laminate
Cooling: Central Air, Heat Pump, Zoned
Interior Features: Cathedral Ceiling(s), Cedar Closet(s), Walk-In Closet(s)
Heating: Electric, Heat Pump, Zoned
Flooring: Carpet, Tile, Wood
Construction Materials: Frame, Wood Siding

Legal Description

County: Currituck
Subdivision: Whalehead Club
Subdivision Name: Whalehead Club
Deed Book: 1401
Deed Book Page Number: 124
County Pin Number: 115A00000240011
Price Change: 9/14/2020
Road Surface: Paved, Public
Association Amenities: Board Walk, Ocean Access

Lot Details

Lot Features: Corner Lot
Waterfront: Semi-Oceanfront (2nd row)
View: Ocean
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2019
Annual Property Taxes: $4,610.00
Home Oner Insurance Expense: 674
Flood Zone: X
Flood Insurance Expense: 759
Wind Insurance: 2624
Water Source: Municipal
Yearly Water Expense: 1200
Pool Or Spa Expense: 1500
Yearly Elecric Expense: 2700
Yearly Cable Tv Expense: 2100
Contract Status Change Date: 9/15/2020
Estimated Annual Fee Amt: $50.00
Sewer: Septic Tank
Association Fee Includes: Management
Association Fee Yes or No: Voluntary - Restrictive Covenants May Apply

Financials

Bill Of Sale Amoung: 1
Bank/Institution Owned: No
Exterior: Cement Fiber Board,Lap Siding
Extras: Beach Access,Covered Decks,Hot Tub,Outside Lighting,Outside Shower,Smoke Detector(s),Sun Deck,Dry Entry,Inside Laundry Room
HOA Contact Name: na
Primary Residence: No
HOA Contact Info: na

Rental Income

Annual Rental Income: 75888
Rental Performance: 0.115

Listing Agent Remarks

LOCATION LOCATION LOCATION that's what everyone wants - This fantastic beach house is semi oceanfront in much desired Whalehead Club Subdivision. DIRECT BEACH access. Overwhelming ocean views from the massive decking. Rented as a 4 bedroom but septic is permitted for 6 Bedrooms !! (POTENTIAL to increase income also) Owners have taken over renting this home and increased rentals to over $75,000. Furthermore, owners have offered to continue renting this home for new owners. (For details you will be referred to speak with owners). NEW ROOF Top level is expansive and spacious offering 2 living rooms, dining room, kitchen, fireplace, screened porch and Master Bedroom. Level 2 offers 3 bedrooms and 2 baths. Bottom level laundry area. Pool, Hot Tub/ outdoor shower large storage room. Excellent maintenance by owners, upgraded furniture where needed, beds, bedding,decor and new pool liner to name a few. Good News it is rented solid but can accommodate showings on turnover day if coordinated with agent and cleaners. Masks and hand sanitizer required. This is the location you need to see to believe.

Directions

Turn right on Bonita Street, take right onto Lighthouse Dr. House on right next to beach access.

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 894 Lighthouse Drive in Corolla is provided courtesy of Beach Realty & Construction- Corolla joanne@beachrealtync.com. 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 894 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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