R
Seller's Agent in 2019
Rodney Perry
Brindley Beach Vacations & Sales - Cor
1101 Morris Dr Corolla, NC 27927
Estimated Value: $1,211,000 - $1,603,000
5
Beds
4
Baths
3,143
Sq Ft
$461/Sq Ft
Est. Value
Highlights
- Beach Front
- Ocean View
- Spa
- Community Beach Access
- Health Club
- Clubhouse
About This Home
As of January 2019Forever Ocean views from one of the first homes built in Corolla Light. Enjoy all the amenities of one of the finest resorts you will find anywhere; oceanfront and soundfront pools, oceanfront restaurant/bar, indoor and outdoor tennis courts, indoor heated pool and hot tub, gym, trolley service, gated community, year round security, lots of eateries and shops, and much more. Lots of possibilities; collect the 2019 rental income (potential of $80K, without owner blocks), and demo, then build your own modern dream home, as others are doing now (one is almost finished)! Imagine the possibilities as you sit upstairs and check out the wonderful ocean views. Of course, you could enjoy it as it is now, or remodel. Due to the age of the home, it is being sold as is, where is, base your offers accordingly. Call agent for KABA code
Last Agent to Sell the Property
Rodney Perry
Brindley Beach Vacations & Sales - Cor License #218159 Listed on: 10/31/2018
Co-Listed By
John Booth
Brindley Beach Vacations & Sales - Cor License #188803
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,910
Year Built
- Built in 1985
Lot Details
- Beach Front
- Property fronts a private road
- Cul-De-Sac
HOA Fees
- $269 Monthly HOA Fees
Parking
- Paved Parking
Home Design
- Contemporary Architecture
- Beach Box Architecture
- Reverse Style Home
- Slab Foundation
- Frame Construction
- Asphalt Shingled Roof
- Wood Siding
- Shake Siding
- Piling Construction
Interior Spaces
- 3,143 Sq Ft Home
- Furnished
- Ceiling Fan
- Ocean Views
- Fire and Smoke Detector
Kitchen
- Oven or Range
- Microwave
- Ice Maker
- Dishwasher
- Marble Countertops
Flooring
- Carpet
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- En-Suite Primary Bedroom
- 4 Full Bathrooms
Laundry
- Dryer
- Washer
Pool
- Spa
- Outdoor Pool
- Outdoor Shower
Outdoor Features
- Sun Deck
- Covered Deck
Utilities
- Forced Air Zoned Heating and Cooling System
- Heat Pump System
- Municipal Utilities District Water
- Community Sewer or Septic
Listing and Financial Details
- Tax Lot #702
Community Details
Overview
- Association fees include common electric, common insurance, grounds maintenance, management, pool, road maintenance, security, tennis courts, walkways
- Corolla Light Subdivision
Amenities
- Clubhouse
Recreation
- Community Beach Access
- Health Club
- Tennis Courts
- Indoor Tennis Courts
- Racquetball
- Community Playground
- Community Indoor Pool
- Park
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 1, 2021
Sold by
Berkowitz Marc J and Berkowitz Mary A
Bought by
Dune Not Disturb Llc
Current Estimated Value
Purchase Details
Listed on
Oct 31, 2018
Closed on
Jan 16, 2019
Sold by
Mcardle Kevin P and Mcardle Rosetta
Bought by
Berkowitz Marc J and Hargrave-Berkowitz Mary A
Seller's Agent
Rodney Perry
Brindley Beach Vacations & Sales - Cor
Buyer's Agent
Jeff Scott
Scott Team Realty
List Price
$1,150,000
Sold Price
$970,000
Premium/Discount to List
-$180,000
-15.65%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.00%
Original Mortgage
$776,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Feb 28, 1997
Bought by
Mcardle Kevin P and Mcardle Rosetta
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Dune Not Disturb Llc | -- | Casey & Robbins Pc | |
| Berkowitz Marc J | $970,000 | None Available | |
| Mcardle Kevin P | $634,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Berkowitz Marc J | $776,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/18/2019 01/18/19 | Sold | $970,000 | -15.7% | $309 / Sq Ft |
| 11/20/2018 11/20/18 | Pending | -- | -- | -- |
| 10/31/2018 10/31/18 | For Sale | $1,150,000 | -- | $366 / Sq Ft |
Source: Outer Banks Association of REALTORS®
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2025 | $8,276 | $1,099,500 | $850,000 | $249,500 |
| 2024 | $8,276 | $1,099,500 | $850,000 | $249,500 |
| 2023 | $8,260 | $1,099,500 | $850,000 | $249,500 |
| 2022 | $6,107 | $1,099,500 | $850,000 | $249,500 |
| 2021 | $6,112 | $1,226,700 | $950,000 | $276,700 |
| 2020 | $6,859 | $1,226,700 | $950,000 | $276,700 |
| 2019 | $6,851 | $1,226,700 | $950,000 | $276,700 |
| 2018 | $6,904 | $1,238,000 | $950,000 | $288,000 |
| 2017 | $6,259 | $1,238,000 | $950,000 | $288,000 |
| 2016 | $6,253 | $1,238,000 | $950,000 | $288,000 |
| 2015 | $6,256 | $1,238,000 | $950,000 | $288,000 |
Source: Public Records
Agents Affiliated with this Home
-
-
J
Seller Co-Listing Agent in 2019
John Booth
Brindley Beach Vacations & Sales - Cor
-
Jeff Scott
Buyer's Agent in 2019
Jeff Scott
Scott Team Realty
(252) 207-5272
7 in this area
92 Total Sales
Map
Source: Outer Banks Association of REALTORS®
MLS Number: 102519
APN: 115B-000-0702-0000
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Information is deemed reliable but not guaranteed.
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