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Off market
  • $1,103,000

    1140 Franklyn St, Corolla, NC 27927

    5beds
    3,020sqft
    SingleFamily
    Built in 1992
    -- sqft lot
    $1,103,000 Zestimate®
    $365/sqft
    $3,695 Estimated rent

    Home value

    $1,103,000

    $1.01M - $1.21M

    $3,695/mo

    Zestimate® history
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    $6,423/mo

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    What's special

    "Lighthouse Lookout" is a quality vacation home close to the ocean with an easy stroll to the beach access. It features an open kitchen with ceramic tile flooring, two refrigerators and breakfast bar. Just added were stone countertops in the kitchen and breakfast bar. There is a Hot Tub on the top deck. Master bedroom with whirlpool tub and cedar lined closet. Lower level has game room, full bath and laundry room. This home also has 2 carports, 2 outdoor showers and access to all of the Corolla Light amenities. Very spacious inside. Renters love it and it generates close to $50,000 plus in gross income if you add back the two weeks of owners use in August. Priced to sell at less than tax value. This home has been meticulously maintained and would be a perfect second home or vacation rental.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 5
    • Full bathrooms: 4
    • 1/2 bathrooms: 1
    Heating
    • Heat pump, Electric
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Cedar Closet(s), Dryer Connection, Gas Connection, Master Bath, Washer Connection
    • Flooring: Tile, Carpet
    • Basement: Finished
    • Has fireplace: Yes
    • Furnished: Yes
    Interior area
    • Total interior livable area: 3,020 sqft

    Property

    Parking
    • Parking features: Carport
    Features
    • Exterior features: Wood
    • Has spa: Yes
    • On waterfront: Yes
    Details
    • Parcel number: 115B00001230000

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Contemporary
    Materials
    • Frame
    • Foundation: Piling
    • Roof: Asphalt
    Condition
    • Year built: 1992

    Community & HOA

    HOA
    • Has HOA: Yes
    • Amenities included: Clubhouse, Health Club, Ocean Access, Outdoor-Comm. Tennis, Playground, Sound Access, Indoor-Comm. Pool, Outdoor-Comm. Pool, Racquetball, Board Walk, Indoor-Comm. Tennis
    • Services included: Management, Security, Tennis Courts, Common Electric, Common Insurance, Road Maintenance, Grounds Maintenance
    • HOA fee: $14 monthly
    Location
    • Region: Corolla

    Financial & listing details

    • Price per square foot: $365/sqft
    • Tax assessed value: $755,700
    • Annual tax amount: $5,916

    Price history

    DateEventPrice
    12/21/2017Sold$510,000-6.3%$169/sqft
    Source: Public Record Report a problem
    11/17/2017Pending sale$544,000$180/sqft
    Source: Brindley Beach Vacations-Main #96307 Report a problem
    8/1/2017Price change$544,000-2.7%$180/sqft
    Source: Brindley Beach Vacations-Main #96307 Report a problem
    5/6/2017Listed for sale$559,000-3.5%$185/sqft
    Source: Brindley Beach Vacations-Main #96307 Report a problem
    9/8/2016Listing removed$579,000$192/sqft
    Source: Brindley Beach Vacations-Main #85478 Report a problem
    10/17/2015Price change$579,000-3.3%$192/sqft
    Source: Brindley Beach Vacations & Sales - Duck #85478 Report a problem
    7/6/2014Price change$599,000-7.8%$198/sqft
    Source: Twiddy and Company of Duck #82302 Report a problem
    2/14/2014Listed for sale$650,000$215/sqft
    Source: Twiddy and Company of Duck #82302 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,916 +1.3%$755,700 +1.1%
    2024$5,837 +12.2%$747,200
    2023$5,204 +19.8%$747,200
    2022$4,346 +3%$747,200 +2.9%
    2021$4,218 +12.5%$726,000 +13.3%
    2020$3,750 $640,800
    2019$3,750 $640,800 -0.2%
    2018$3,750 $642,300
    2017-- $642,300
    2016-- $642,300
    2015$3,409 $642,300
    2013-- $642,300 -11.5%
    2011-- $725,694
    2010-- $725,694
    2009-- $725,694
    2007-- $725,694
    2005-- $725,694
    Find assessor info on the county website

    Neighborhood: 27927

    Nearby schools

    GreatSchools rating
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $1,103,000
    2% more
    +$22,060
    With Zillow Showcase(estimated)
    $1,125,060
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $1,103,000
    2% more
    +$22,060
    With Zillow Showcase(estimated)
    $1,125,060