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Listing Details For 1040 Lighthouse Drive in Corolla

Closing Price:
$639,000
1040 Lighthouse Drive, Corolla, NC 27927
4 bd
3 ba
2427 sq ft
MLS #: 100208
Status: Closed

Sold Details

Status: Closed
Sold Price: $605,000.00
Closing Date: 1/25/2019
Contract Date: 12/4/2018
Seller Concessions: Yes
Concession Comments: $3000
Total Days on Market:
Cumulative Days on Market: 343

Listing Information

Area: Corolla Oceanside
Mls Status: Closed
Days On Market: 224
Cumulative Days On Market: 343
Listing Price: $639,000
Original Listing Price: $699,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 1/25/2019
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 2427
Asking Price Per SqFt: $263.00
Heated Living Area Sq Ft: 2427
BedroomsTotal: 4
Bathrooms Full: 3
Bathrooms Partial: 1
Year Built: 1992
Architectural Style: Coastal, Reverse Floor Plan
Sub Type: Single Family Residence
Appliances: Dryer, Dishwasher, Microwave, Refrigerator, Range/Oven, Washer
Roof: Asphalt
Parking: Paved
Foundation: Piling
Pool: Yes
Pool Type: Private
Pool Features: Heated, In Ground, Private
Screen Porch Size: Large
Sun Deck Size: Large
Counter Tops: Granite
Cooling: Central Air, Heat Pump
Interior Features: Cathedral Ceiling(s)
Heating: Central, Heat Pump
Room Type: Game Room
Flooring: Carpet, Ceramic Tile, Wood
Construction Materials: Frame

Legal Description

Section: 5
County: Currituck
Subdivision: Whalehead Club
Subdivision Name: Whalehead Club
Deed Book: 1404
Deed Book Page Number: 559
County Pin Number: 115A00000220005
Price Change: 1/24/2019
Road Surface: Paved, Public

Lot Details

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

Property Expenses & Utilities

Tax Year: 2017
Annual Property Taxes: $4,444.00
Flood Zone: AE
Water Source: Municipal
Contract Status Change Date: 1/25/2019
Estimated Annual Fee Amt: $50.00
Sewer: Non Conventional Septic
Association Fee Yes or No: Voluntary - Restrictive Covenants May Apply

Financials

Bank/Institution Owned: No
Exterior: Lap Siding
Extras: Beach Access,Jet Tub,Outside Shower,Screened Porch,Sun Deck
Primary Residence: No
Street Frontage : 100

Rental Income

Annual Rental Income: 72308
Rental Performance: 0.1195

Listing Agent Remarks

Lowest Priced Semi Ocean Front in Whalehead! Fantastic Ocean Views in this beautiful Semi Ocean Front Spacious 4 bedroom home with lots of improvements and located in the Whalehead Club Subdivision. Just Reduced $45,000. Strong Advertised Gross Rental Income with 11.3 % GRI. Reverse Floor Plan with amazing ocean views through out the top level, open living area with hardwood floors on top level and even the Oversized Master Suite has great Ocean Views, plus Jacuzzi and shower. Kitchen and 2 Bathrooms have beautiful GRANITE COUNTER TOPS and Cabinets. Mid Level has a huge second Master Bedroom, plus 2 additional good size bedrooms ( one with 2 Duo Bunks and one with a Queen), Sitting Area and breezy Screened in Porch. Wainscoting adorns the foyer and stairs. Plenty of entertainment for both kids and adults - Game room on the ground level with Pool Table & Foosball, outside Shuffleboard, Ping Pong Table and Volley Ball. Great Private Pool Area with HEATED POOL for all to enjoy. Lots of out door living also includes the Decks, both Shaded and Sunny. This home has low pressure SEPTIC SYSTEM for 6 BEDROOMS with the potential to increase rental income by adding 2 bedrooms. The beautiful pristine soft sand Whalehead Beach is just a few steps outside your front door. Some Recent Updates and Improvements include the following: 2017 installed Granite in Kitchen and 2 Bathroom Countertops with new sinks and faucets, 2017 Refinished Kitchen, Living room and Bathroom Cabinetry, enclosed 2 Master Bathrooms, and Front Stair Railing, 2017 Added Shuffleboard Court and re sanded Volleyball Court, 2017 Replaced Pool Pump and other parts, 2017 Painted Exterior of house, 2016 Pool Heater and Tiki Bar, 2015 Resided west side of house with LP Smart Siding and Replaced 4 Windows, 2016 and 2013 Replaced 2 front living room Picture Windows, 2013 Screened in midlevel Porch and added second Shed, 2013 Replaced mid level Slider, Solar Shades in living room and dining room, 2012 Built Book Cases. The Plans to add 2 more bedrooms and 6 bedroom rental projection are on file. If you are looking for a well maintained Semi Ocean Front home with Fantastic Ocean Views and potential to add 2 more bedrooms to increase the rental income, and Voluntary $50 annual HOA Dues, then this is the home for you.

Directions

Route 12 north, Enter Corolla, Pass TimBuck ll, Right on Dolphin, take 3 rd Left on Lighthouse Drive, 1040 Lighthouse is 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 1040 Lighthouse Drive in Corolla is provided courtesy of Corolla Beach 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 1040 Lighthouse Drive in Corolla is no longer available for sale.

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