Closing Price:
$2,275,000
853 Lighthouse Drive, Corolla, NC 27927
12 bd
14 ba
7123 sq ft
MLS #: 110243
Status: Closed

Sold Details

Status: Closed
Sold Price: $2,200,000.00
Closing Date: 3/17/2021
Contract Date: 10/29/2020
Seller Concessions: Yes
Concession Comments: $15,000 Credit for Repairs
Total Days on Market:
Cumulative Days on Market: 1435
Due Diligence Date: 12/13/2020

Listing Information

Area: Corolla Oceanside
Mls Status: Closed
Days On Market: 1435
Cumulative Days On Market: 1435
Listing Price: $2,275,000
Original Listing Price: $2,375,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 3/17/2021
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: 7123
Asking Price Per SqFt: $319.00
Heated Living Area Sq Ft: 7123
BedroomsTotal: 12
Bathrooms Full: 14
Bathrooms Partial: 1
Year Built: 2005
Garage: Carport
Architectural Style: Reverse Floor Plan, Coastal
Sub Type: Single Family Residence
Appliances: 2nd Dishwasher, 2nd Refrigerator, Dryer, Dishwasher, Microwave, Refrigerator w/Ice Maker, Range/Oven, Washer, Wine Cooler
Roof: Asphalt
Parking: Off Street, Paved, Underground
Foundation: Piling
Pool: Yes
Pool Type: Private
Pool Features: Heated, In Ground, Outdoor Pool, Private
Builder Name: W. A. Smith
Counter Tops: Granite
Cooling: Central Air, Heat Pump, Zoned
Interior Features: Cathedral Ceiling(s), Walk-In Closet(s)
Heating: Central, Heat Pump, Zoned
Room Type: Foyer, Game Room, Loft, Media Room, Shipswatch
Flooring: Carpet, Ceramic Tile, Wood
Construction Materials: Frame, Wood Siding

Legal Description

Section: 12
County: Currituck
Subdivision: Whalehead Club
Subdivision Name: Whalehead Club 115/A
Deed Book: 849
Deed Book Page Number: 428
County Pin Number: 115A00000110012
Price Change: 3/16/2021
Block: N/A
Road Surface: Paved, Public

Lot Details

Land Tax Value: 833000
Total Assessed Value: 1595500
Lot Size Acres: 0.8
Lot Size Dimensions: 34848 sq ft
Lot Size Square Feet: 34848
Lot Features: Level, Waterfront
Lot Faces: E
Waterfront: Ocean Front
View: Ocean
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2019
Annual Property Taxes: $11,814.00
Home Oner Insurance Expense: 9182
Flood Zone: X
Flood Insurance Expense: 797
Other Insurance: 355
Water Source: Municipal
Yearly Water Expense: 2268
Other Yearly Expense: 1200
Pool Or Spa Expense: 2625
Yearly Elecric Expense: 9980
Yearly Cable Tv Expense: 1800
Contract Status Change Date: 3/17/2021
Estimated Annual Fee Amt: $50.00
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
HashTag of Units: 0
Extras: Beach Access,Boardwalk to Beach,Ceiling Fan(s),Elevator,Hot Tub,Jet Tub,Smoke Detector(s),Sun Deck,Dry Entry
HOA Contact Name: None
Primary Residence: No
HOA Contact Info: None

Rental Income

Annual Rental Income: 287018
Rental Performance: 0.1305
Owner Rental Income 2021 Amount: 149098
Avertised Income 2021 Amount: 156478

Listing Agent Remarks

12 Bedroom Oceanfront Rental Machine! Custom built by original owners. X Flood Zone! Sunrise Surprise offers 12 master bedrooms, beautiful large kitchen, gorgeous living room with spectacular ocean views! Gameroom, media room, kitchenette to service ground floor & pool fun. Large pool and 2 hot tubs located on the oceanside. There is a space for everyone in this 7,123 sq ft home.....from the loft to the expansive decks there is a place for everyone to escape and recharge. Floor plans available in associated docs. Hot Tub new in 2019. Also, exterior compressors to heat pumps new in 2018.

Directions

East on Albacore St, Turn Left onto Lighthouse Dr....pass Marlin St and second house on the right.

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 853 Lighthouse Drive in Corolla is provided courtesy of Keller Williams - Outer Banks C: 252-202-2156. 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 853 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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