Closing Price:
$1,900,000
838 Lighthouse Drive, Corolla, NC 27927
9 bd
8 ba
5505 sq ft
MLS #: 119712
Status: Closed

Sold Details

Status: Closed
Sold Price: $1,858,000.00
Closing Date: 9/8/2022
Contract Date: 7/24/2022
Seller Concessions: Yes
Concession Comments: 38k closing costs--see broker notes
Total Days on Market:
Cumulative Days on Market: 8
Due Diligence Date: 8/23/2022

Listing Information

Area: Corolla Oceanside
Mls Status: Closed
Days On Market: 8
Cumulative Days On Market: 8
Listing Price: $1,900,000
Original Listing Price: $1,900,000
Possession: Close Of Escrow, Subject To Tenant Rights
Short Sale: No
Price Date: 9/12/2022
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: 5505
Asking Price Per SqFt: $345.00
Heated Living Area Sq Ft: 5505
BedroomsTotal: 9
Bathrooms Full: 8
Bathrooms Partial: 2
Year Built: 2004
Architectural Style: Reverse Floor Plan, Coastal
Sub Type: Single Family Residence
Appliances: 2nd Dishwasher, 2nd Refrigerator, Countertop Range, Dryer, Dishwasher, Microwave, Refrigerator w/Ice Maker, Washer, Wall Oven
Roof: Asphalt
Parking: Off Street, Paved
Foundation: Piling, Slab
Pool: Yes
Pool Type: Private
Pool Features: Fiberglass, Heated, In Ground, Private
Counter Tops: Granite
Cooling: Central Air, Heat Pump, Zoned
Interior Features: Beamed Ceilings, Cathedral Ceiling(s), Wet Bar
Heating: Central, Electric, Heat Pump, Zoned
Room Type: Game Room, Office, Shipswatch
Flooring: Tile, Wood

Legal Description

Section: 13
County: Currituck
Subdivision: Whalehead Club
Deed Book: 1233
Deed Book Page Number: 92
County Pin Number: 115A00000210013
Price Change: 9/11/2022
Road Surface: Paved, Public
Association Amenities: Ocean Access

Lot Details

Lot Size Acres: 0.46
Lot Size Dimensions: 100 x 200
Lot Size Square Feet: 20000
Waterfront: Semi-Oceanfront (2nd row)
View: Ocean
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2021
Annual Property Taxes: $8,238.00
Flood Zone: X
Water Source: Municipal
Contract Status Change Date: 9/12/2022
Estimated Annual Fee Amt: $0.00
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,Shakes,Stone
HashTag of Units: 0
Extras: Beach Access,Boardwalk to Beach,Cabana,Common Laundry Area,Covered Decks,Elevator,Fenced Yard,Handicap Friendly,Hot Tub,Landscaped,Lawn Sprinklers,Outside Shower,Sun Deck,Roof Top Deck,Dry Entry,Inside Laundry Room
HOA Contact Name: Whalehead Property Owners Asso
Primary Residence: No
HOA Contact Info: https://wpoa.org/

Rental Income

Annual Rental Income: 192249
Rental Performance: 0.1035
Avertised Income 2021 Amount: 192249

Listing Agent Remarks

Please submit offers by Sunday July 24 at 4 pm. Parrots in Paradise is the perfect place for a plethora of your favorite people to come perch and play together peacefully in a picturesque palace! This home is on track to achieve over $200,000 in rental income for 2022 after earning $192,249 in 2021. You will love the generous spaces throughout the home—it feels large and gracious! You will love the fun island décor and more: Ocean Views ** Elevator ** Heated Pool ** 3 Story Pool Cabana** Incredible Decks ** Large Game room with Pool Table and Wet Bar ** Accessibility Features ** Beautiful and Practical Flooring ** Cathedral Ceiling with Beams ** Large Kitchen ** Large Suites with Kings ** Bunk Room on Mid level ** No Carpet ** Hot Tub with Ocean Views ** Landscaped ** Large Fenced Yard. Hurry!

Directions

Turn onto Duck Rd heading north. Continue on for about 12 miles then after you pass the Food Lion shopping center, turn right onto Dolphin Street, then take the third left onto Lighthouse Drive. It's the eighth house on the 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 838 Lighthouse Drive in Corolla is provided courtesy of Carolina Designs Realty C: 252-573-9503. 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 838 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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