Listing Details For 1058 Lighthouse Drive in Corolla
1/35
Closing Price:
$1,140,000
$1,140,000
1058 Lighthouse Drive,
Corolla, NC 27927
9 bd
9 ba
5600 sq ft
MLS #: 94003
Status: Closed
Sold Details
Status: Closed
Sold Price: $1,140,000.00
Closing Date: 12/28/2017
Contract Date: 11/13/2017
Seller Concessions: Yes
Total Days on Market:
Cumulative Days on Market: 402
Listing Information
Area: Corolla Oceanside
Mls Status: Closed
Days On Market: 402
Cumulative Days On Market: 402
Listing Price: $1,140,000
Original Listing Price: $1,350,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 11/3/2017
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: 5600
Asking Price Per SqFt: $204.00
Heated Living Area Sq Ft: 5600
BedroomsTotal: 9
Bathrooms Full: 9
Bathrooms Partial: 1
Year Built: 2005
Garage: Carport
Architectural Style: Reverse Floor Plan
Sub Type: Single Family Residence
Appliances: 2nd Dishwasher, 2nd Refrigerator, Disposal, Dryer, Dishwasher, Microwave, Refrigerator w/Ice Maker, Range/Oven, Washer
Roof: Asphalt
Parking: Off Street, Paved, Underground
Foundation: Piling
Pool: Yes
Pool Type: Private
Pool Features: Concrete, In Ground, Outdoor Pool, Private
Cooling: Central Air, Heat Pump
Interior Features: Cathedral Ceiling(s), Pantry, Wet Bar, Walk-In Closet(s)
Heating: Central, Electric, Heat Pump
Room Type: Foyer, Game Room
Flooring: Carpet, Ceramic Tile, Hardwood, Tile, Wood
Construction Materials: Frame
Legal Description
County: Currituck
Subdivision: Whalehead Club
Subdivision Name: Whalehead Club
Deed Book: 0941
Deed Book Page Number: 0255
County Pin Number: 115A00000190004
Price Change: 12/28/2017
Road Surface: Paved, Public
Lot Details
Lot Size Dimensions: 100 X 200
Lot Size Square Feet: 20000
Lot Features: Level
Lot Faces: E
Water Frontage: 0
Waterfront: Semi-Oceanfront (2nd row)
View: Ocean
Property Type: Residential
Property Expenses & Utilities
Tax Year: 2017
Annual Property Taxes: $6,200.00
Home Oner Insurance Expense: 724
Flood Zone: AE
Flood Insurance Expense: 926
Wind Insurance: 7561
Water Source: Municipal
Yearly Water Expense: 738
Other Yearly Expense: 330000
Pool Or Spa Expense: 3000
Yearly Expense: Actual
Yearly Elecric Expense: 4510
Yearly Telephone Expense: 745
Yearly Cable Tv Expense: 1654
Contract Status Change Date: 12/29/2017
Estimated Annual Fee Amt: $0.00
Sewer: Septic Tank
Maintenance Expense: 450
Other Expenses 2: 692
Association Fee Yes or No: No - Restrictive Covenants May Apply
Financials
Bill Of Sale Amoung: 1
Bank/Institution Owned: No
Exterior: Cement Fiber Board
Extras: Beach Access,Ceiling Fan(s),Covered Decks,Elevator,Hot Tub,Jet Tub,Outside Lighting,Outside Shower,Patio,Smoke Detector(s),Sun Deck
Fuel Tanks: Leased
Primary Residence: No
Street Frontage : 100
Rental Income
Annual Rental Income: 154070
Rental Performance: 0.1351
Listing Agent Remarks
Awesome extremely spacious home -- 5600 SF -- semi-oceanfront -- rental income consistently exceeds $100,000. 9 Bedrooms and 9-1/2 baths -- Great ocean views -- Many upgrades -- large open great room, gourmet kitchen, hardwood floors, large gameroom, pool with waterfall, baby pool, hot tub, elevator. Seller only opens for guests from Memorial Day to Labor Day -- a "Projection" of rents for 2018 for an open calendar appears in Associated Docs OWNER OFFERING A $3,000 credit to buyer at settlement for carpeting replacement -- can only be done at end of rental season. Check out the ASSOCIATED DOCS for the awesome Investment Analysis based on the current 2017 rents of $126,175!!! Nearly $30,000 yearly positive cash flow!!!
Directions
Go East on Shad then south on Lighthouse to 1058 on rightOfficial 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 1058 Lighthouse Drive in Corolla is provided
courtesy of Surfside Realty sally@obxmlslistings.com. 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 1058 Lighthouse Drive in Corolla is no longer available for sale.
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