Closing Price:
$849,000
1052 Lighthouse Drive, Corolla, NC 27927
5 bd
3 ba
2441 sq ft
MLS #: 116615
Status: Closed

Sold Details

Status: Closed
Sold Price: $901,052.00
Closing Date: 12/15/2021
Contract Date: 10/30/2021
Seller Concessions: Yes
Concession Comments: $15,000 for misc repairs - mainly poly pipes, pool decking and fence
Total Days on Market:
Cumulative Days on Market: 2
Due Diligence Date: 12/10/2021

Listing Information

Area: Corolla Oceanside
Mls Status: Closed
Days On Market: 2
Cumulative Days On Market: 2
Listing Price: $849,000
Original Listing Price: $849,000
Possession: Subject To Tenant Rights
Short Sale: No
Price Date: 12/30/2021
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 2441
Asking Price Per SqFt: $348.00
Heated Living Area Sq Ft: 2441
BedroomsTotal: 5
Bathrooms Full: 3
Year Built: 1988
Garage: Carport
Architectural Style: Reverse Floor Plan, Coastal, Cottage
Sub Type: Single Family Residence
Appliances: Dryer, Dishwasher, Microwave, Refrigerator, Range/Oven, Washer
Roof: Asphalt
Foundation: Piling
Pool: Yes
Pool Type: Private
Pool Features: Fiberglass, Outdoor Pool, Private
Counter Tops: Granite
Cooling: Central Air, Heat Pump
Heating: Central, Heat Pump
Flooring: Carpet, Ceramic Tile, Plank, Vinyl Tile
Construction Materials: Frame

Legal Description

County: Currituck
Subdivision: Whalehead Club
Deed Book: 424
Deed Book Page Number: 675
County Pin Number: 115A00000160004
Price Change: 12/29/2021
Road Surface: Paved, Public
Association Amenities: Ocean Access

Lot Details

Lot Size Acres: 0.46
Lot Size Square Feet: 20000
Lot Features: Level
Waterfront: Semi-Oceanfront (2nd row)
View: Ocean
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2021
Annual Property Taxes: $4,796.00
Flood Zone: X
Water Source: Municipal
Contract Status Change Date: 12/30/2021
Estimated Annual Fee Amt: $0.00
Sewer: Septic Tank
Association Fee Includes: None
Association Fee Yes or No: Voluntary - Restrictive Covenants May Apply

Financials

Bill Of Sale Amoung: 1
Bank/Institution Owned: No
Exterior: Shakes
Extras: Beach Access,Ceiling Fan(s),Covered Decks,Hot Tub,Screened Porch,Smoke Detector(s),Sun Deck,Whirlpool/Spa,Dry Entry,Inside Laundry Room
HOA Contact Name: none
Primary Residence: No
HOA Contact Info: none

Rental Income

Annual Rental Income: 87275
Rental Performance: 0.0969
Owner Rental Income 2021 Amount: 74391

Listing Agent Remarks

Wonderful, well-cared for semi-oceanfront home in Whalehead - with gorgeous ocean views! Beach access is just steps away and the seller has continued to do annual upgrades to the home over several years of ownership. The house is a perfect size for a second home or investment at just under 2500 SF and the full year projection has rents at $87,000 - a 10% plus return (pretty hard to find these days!). Seller currently blocks the property for several months for personal use. Some recent upgrades - interior and exterior paint, new roof (2020), new carpet, upgraded kitchen cabinets, granite kitchen countertops, updated master bath, new vanities in all baths, and the list goes on. Please see Associated Docs for full list of upgrades and the few exclusions to the Bill of Sale. Don't miss this opportunity to see and sell this gem of a home!

Directions

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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 1052 Lighthouse Drive in Corolla is provided courtesy of Coastal Outer Banks 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 1052 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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