NOT LISTED FOR SALE

Estimated Value: $2,307,000 - $2,792,196

12 Beds
14 Baths
6,295 Sq Ft
$395/Sq Ft Est. Value

Last Sold March 15, 2023

Last sale price $3,597,900 $572 Per Sq Ft

Est. 31% decrease in value since last sale

Current estimated payment $14,646/month

551 Days on Market

Highlights

  • Ocean Front
  • In Ground Pool
  • Wood Flooring
  • Home Theater
  • Traditional Architecture
  • Corner Lot

About This Home

As of March 2023

“TURN-KEY” RENTAL READY ELEGANT ESTATE TO BE BUILT NEW CONSTRUCTION 12 B/R, 12.2 BATH HOME TO BE BUILT AT 948 LIGHTHOUSE DR. ON A CORNER LOT OFFERING THE HIGHEST SEMI-OCEANFRONT ELEVATION IN ALL OF WHALEHEAD. PROJECTED ANNUAL REVENUE OF $343K / 10.38% ROI. SISTER HOMES ARE BOOKING 34 RENTAL WEEKS ANNUALLY !! VIDEO TOUR OF SIMILAR HOME (https://vimeo.com/465097925) This home will be sold “Turn-Key Rental Ready” with Unmatched Detail Throughout. Features will include, Premium Furnishings, State-of-Art Electronics, Luxury Bed Linens and Window Treatments, Wall Décor, Fully Equipped Gourmet Kitchen, Dedicated Home Theater, Etc., Etc. From the floor plan, to the coffered ceilings, to the wainscoted and ship-lapped hallways, every amenity in this home will be thoughtfully achieved, to ensure the homeowner will be immersed in luxury and comfort. 1 Year Builder’s Warranty plus 4 Year New Construction American Home Shield Warranty included. Detailed Specs. and Financials available upon request. INTERIOR AMENITIES INCLUDE: Twelve (12) Exquisitely appointed B/R's furnished in rich woods, premium imported linens, and LED HDTVs. Every bathroom offers imported granite topped vanities and Italian Tile spa-inspired showers with Glass enclosures. Living Areas will include Large G/R, D/R., Gourmet Kitchen, Kitchenette, Den/Office, Rec. Rm., and 12 Person Theater. State-of-the-Art Electronics Package throughout, with Solid Bamboo and Italian Tile Flooring and Custom Woodwork Package. Includes Glass Door Elevator to all Floors. EXTERIOR AMENITIES INCLUDES: House is Built to the highest standards with Smart Siding, Lifetime Architectural Roofing, Premium Vinyl Windows and Vinyl Maintenance Free Deck Railings, etc., etc. (Detailed Specs. Furnished upon Request). 1895 SF of Decking w/Ocean Views and Stereo Sound. Outdoor Area includes exquisite Gunite Waterfall Pool w/Wet Decks, Integrated Kiddie Pool, Large Sun Deck, Stereo Sound, Resort Style Pergola, Large 8-Person Hot Tub, Cabana Bar w/Built-in Stainless Grill, Picnic Area, Half Bath, Two Outside Showers, surrounded by an Irrigated Professionally Landscaped Property. PRICE INCLUDES: All Luxury Furnishings, Electronics Package, Lighting Fixtures, Elevator to all Floors, Bed Linens, Window Treatments, Wall Décor, Fully Equipped Gourmet Kitchen w/ Stainless Appliances (2 Dishwasher, 2 Micro., Separate Fridge and Freezer, Double Oven, 6 Burner Gas Cook top, Beverage Center, Icemaker and 2 Sinks). All Bedrooms' have LED HDTV's with Streaming capabilities. Ground Flr. has Rec. Room with Wet Bar, Kitchenette, Pool Table, Commercial "Hotel Style" Icemaker, 4K HDTV, plus 12 Person Theater w/Stadium Seating, 120" Screen with 7.1 Dolby Surround. , 3 Zone HVAC, ADT Security and Tankless HDW’s. Exterior includes: Multi zone Sound System, 10 Car parking, Deck and Pool Furniture. Detailed Specification Sheet and Investment Perspective are available upon request.

Last Agent to Sell the Property

Susan Ayers

Home Zu License #216309 Listed on: 10/09/2020

Last Buyer's Agent

Jim Monroe

Outer Banks Realty Group License #274884

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,443

Lot Details

  • 0.51 Acre Lot
  • Ocean Front
  • Fenced Yard
  • Corner Lot
  • Level Lot
  • Sprinkler System

Parking

  • Paved Parking

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 6,295 Sq Ft Home
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Fireplace
  • Home Theater
  • Game Room
  • Wood Flooring
  • Ocean Views

Kitchen

  • Oven or Range
  • <<microwave>>
  • Ice Maker
  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 12 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Storm Windows
  • Fire and Smoke Detector

Pool

  • In Ground Pool
  • Gunite Pool
  • Outdoor Pool
  • Spa

Outdoor Features

  • Covered Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District Water
  • Private or Community Septic Tank

Community Details

  • Whalehead Club Subdivision

Listing and Financial Details

  • Tax Lot 115A

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,443

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Traditional
  • Directions: Rt 12 North from Kitty Hawk, Right on Albacore Left on Lighthouse to 948 Lighthouse Dr. on left Corner.
  • Extras: Ceiling Fan(s), Covered Decks, Fenced Yard, Hot Tub, Lawn Sprinklers, Patio, Smoke Detector(s), Storm Windows, Inside Laundry Room
  • Flood Zone: X
  • Subdivision Name: Whalehead Club/115A
  • Headline: New Construction
  • Heated Sq Ft: 6295
  • L V T Date: 10/09/2020
  • Roads: Paved
  • Sale/Rent: For Sale
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: R
  • Deed Book Pg Number: 787
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C23486
  • Outer Banks Software: Yes
  • Short Term Rental Restrictions: No
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 12
  • Bedroom 1: 12x14, On Level: 3
  • Bedroom 2: 13x13, On Level: 3
  • Bedroom 3: 12x12, On Level: 2
  • Bedroom 4: 12x14, On Level: 3
  • Bedroom 5: 13x13, On Level: 2
  • Bedroom 6: 12x12, On Level: 2
  • Bedroom 7: 12x11, On Level: 2
  • Bedroom 8: 11x11, On Level: 2
  • Kitchen: 15x18, On Level: 3
  • Countertops: Solid Surface
  • Floor Coverings: Hardwood
  • Foundation: Slab
  • Full Bathrooms: 12
  • Interior Amenities: 9' Ceilings, Dryer Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Washer Connection
  • Dining Room: 15x19, On Level: 3
  • Family Room: 12x18, On Level: 2
  • Living Room: 19x13, On Level: 3
  • Optional Rooms: Game Room, Home Theater
  • Partial Bathrooms: 2

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Wood
  • Pool: Yes
  • Pool: Private
  • Pool Type: In Ground, Gunite, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Garage: Attached
  • Parking: Paved

Utilities

  • Cooling: Central, Heat Pump
  • Heating: Electric, Forced Air, Heat Pump
  • Sewer/Septic System: Private Septic
  • Water: Municipal

Lot Info

  • Estimated Lot Sq Ft: 22216
  • Lot Description: Corner, Level
  • Lot Faces: .51
  • Lot Number: Lot 115A
  • Estimated Lot Size: 0.51
  • Deed Book: 1408

Tax Info

  • Year: 2020
  • Taxes: 2442.83

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2020
Closed on
Feb 21, 2023
Sold by
Palazzo Del Sole Llc
Bought by
Profanato James and Profanato Suzette
Seller's Agent
Susan Ayers
Home Zu
Buyer's Agent
Jim Monroe
Outer Banks Realty Group
List Price
$2,999,900
Sold Price
$3,597,900
Premium/Discount to List
$598,000
19.93%
Current Estimated Value
$2,485,065

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,112,835
Avg. Annual Appreciation
-8.00%
Original Mortgage
$2,878,320
Outstanding Balance
$2,787,395
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$175,444

Purchase Details

Closed on
May 24, 2017
Sold by
Thornton William H and White Susan
Bought by
Palazzo Del Sole Llc

Purchase Details

Closed on
Jul 22, 2016
Sold by
Thornton Maureen E
Bought by
Thornton William H

Purchase Details

Closed on
Feb 19, 2016
Sold by
Thornton Maureen E
Bought by
Barrett Rebecca and Stiehl Rebecca

Purchase Details

Closed on
Jun 21, 1984
Bought by
Thornton William H and Thornton Maureen E
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Profanato James $21,000,000 --
Palazzo Del Sole Llc $500,000 Attorney
Thornton William H -- Attorney
Barrett Rebecca $39,000 Attorney
Thornton William H $1,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Profanato James $2,878,320
Previous Owner Thornton Maureen E $30,714
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2023 03/15/23 Sold $3,597,900 +9.0% $572 / Sq Ft
04/13/2022 04/13/22 Pending -- -- --
09/13/2021 09/13/21 Price Changed $3,300,000 +10.0% $524 / Sq Ft
06/15/2021 06/15/21 Price Changed $3,000,000 0.0% $477 / Sq Ft
06/15/2021 06/15/21 For Sale $2,999,900 -16.6% $477 / Sq Ft
06/10/2021 06/10/21 Off Market $3,597,900 -- --
05/30/2021 05/30/21 Price Changed $2,999,900 +5.3% $477 / Sq Ft
04/17/2021 04/17/21 Price Changed $2,849,900 +5.6% $453 / Sq Ft
10/09/2020 10/09/20 For Sale $2,699,900 -- $429 / Sq Ft
Source: Outer Banks Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $11,050 $1,252,700 $420,000 $832,700
2023 $11,050 $1,207,400 $420,000 $787,400
2022 $2,873 $420,000 $420,000 $0
2021 $2,873 $346,500 $346,500 $0
2020 $2,443 $346,500 $346,500 $0
2019 $2,443 $346,500 $346,500 $0
2018 $2,443 $346,500 $346,500 $0
2017 $2,270 $346,500 $346,500 $0
2016 $2,287 $346,500 $346,500 $0
2015 $2,287 $346,500 $346,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 111394

Outer Banks Association of REALTORS®

APN: 115A-000-0014-0008