Closing Price:
$2,799,000
$2,799,000
985 Lighthouse Drive,
Corolla, NC 27927
6 bd
5 ba
4013 sq ft
MLS #: 114234
Status: Closed
Sold Details
Status: Closed
Sold Price: $2,500,000.00
Closing Date: 6/15/2022
Contract Date: 4/9/2022
Seller Concessions: No
Total Days on Market:
Cumulative Days on Market: 339
Due Diligence Date: 6/8/2022
Listing Information
Area: Corolla Oceanside
Mls Status: Closed
Days On Market: 338
Cumulative Days On Market: 339
Listing Price: $2,799,000
Original Listing Price: $2,950,000
Possession: Close Of Escrow, Subject To Tenant Rights
Short Sale: No
Price Date: 6/15/2022
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: 4013
Asking Price Per SqFt: $697.00
Heated Living Area Sq Ft: 4013
BedroomsTotal: 6
Bathrooms Full: 5
Bathrooms Partial: 1
Year Built: 1997
Garage: Carport
Architectural Style: Contemporary, Reverse Floor Plan
Sub Type: Single Family Residence
Appliances: 2nd Refrigerator, Dryer, Dishwasher, Microwave, Refrigerator w/Ice Maker, Washer
Roof: Asphalt
Parking: Paved
Foundation: Piling, Slab
Pool: Yes
Pool Type: Private
Pool Features: Fiberglass, In Ground, Outdoor Pool, Private
Builder Name: Olin Finch
Cooling: Heat Pump, Zoned
Interior Features: Cathedral Ceiling(s)
Heating: Heat Pump, Zoned
Room Type: Game Room, Library, Utility Room
Flooring: Carpet, Ceramic Tile, Vinyl, Wood
Construction Materials: Frame, Wood Siding
Legal Description
Section: 7
County: Currituck
Subdivision: Whalehead Club
Subdivision Name: Whalhead Club
Deed Book: 1483
Deed Book Page Number: 412
County Pin Number: 115A00000080007
Price Change: 6/14/2022
Road Surface: Paved
Lot Details
Lot Features: Beach Frontage, Waterfront
Lot Faces: E
Waterfront: Ocean Front
View: Ocean
Property Type: Residential
Property Expenses & Utilities
Tax Year: 2021
Annual Property Taxes: $9,093.00
Home Oner Insurance Expense: 10300
Flood Zone: AE
Flood Insurance Expense: 2020
Water Source: Municipal
Yearly Water Expense: 750
Other Yearly Expense: 180
Pool Or Spa Expense: 3560
Yearly Expense: Actual
Yearly Elecric Expense: 4930
Yearly Cable Tv Expense: 3553
Contract Status Change Date: 6/15/2022
Estimated Annual Fee Amt: $0.00
Sewer: Septic Tank
Maintenance Expense: 2400
Other Expenses 2: 1240
Association Fee Yes or No: No - Restrictive Covenants May Apply
Financials
Bill Of Sale Amoung: 1
Electroni Locks: None
Bank/Institution Owned: No
Exterior: Shakes,Wood
HashTag of Units: 1
Extras: Beach Access,Boardwalk to Beach,Ceiling Fan(s),Covered Decks,Hot Tub,Landscaped,Lawn Sprinklers,Outside Lighting,Outside Shower,Smoke Detector(s),Sun Deck
Fuel Tanks: Leased
HOA Contact Name: None
Primary Residence: No
HOA Contact Info: N/A
Rental Income
Annual Rental Income: 151468
Rental Performance: 0.0606
Owner Renatl Income 2022 Amount: 159918
Avertised Income 2021 Amount: 170351
Owner Rental Income 2021 Amount: 157812
Avertised Income 2021 Amount: 169788
Listing Agent Remarks
Sea 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.
Directions
From Ocean Trail, E into Whalehead. 3rd stop sign is Lighthouse Dr.Official MLS Disclaimer
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Program of the Outer Banks Association of REALTORS. This property located at 985 Lighthouse Drive in Corolla is provided
courtesy of Great Escapes Vacations & Sales . 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 985 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
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