NOT LISTED FOR SALE

1110 Morris Dr Corolla, NC 27927

Estimated Value: $942,000 - $1,073,000

5 Beds
3.5 Baths
2,004 Sq Ft
$500/Sq Ft Est. Value

Last Sold November 06, 2016

Last sale price $500,000 $250 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $5,948/month

158 Days on Market

Highlights

  • Community Beach Access
  • Health Club
  • Cathedral Ceiling
  • Ocean View
  • In Ground Pool
  • Hydromassage or Jetted Bathtub

About This Home

As of November 2016

Excellent ocean views + private pool + Corolla Light amenities = Must see property! Amazing ocean views await you from this 5 bedroom, 3.5 bathroom Corolla Light home. Located on a quiet cul-de-sac only 2 lots (3rd row) from the oceanfront and backing up to open space make this one of the best lots in all of Corolla Light. Features including 2 master suites, private pool and hot tub, mid-level bonus area, and only 155 feet from the Corolla Light beach access. Newly painted interior. Enjoy all this house has to offer plus Corolla Light amenities which include oceanfront and sound pools, oceanfront restaurant, trolley service, indoor pool, indoor and outdoor tennis, racquetball, fitness center. Take a minute to view the interactive 3D Virtual Tour to experience walking through the home - http://bit.ly/1XKk5Xx. This is a must see home! Strong rental income!

Last Agent to Sell the Property

Matt Myatt

Keller Williams - Outer Banks License #218707 Listed on: 04/17/2016

Keller Williams - Outer Banks

Last Buyer's Agent

Len Cusato

Keller Williams - Outer Banks License #284979

Keller Williams - Outer Banks

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,895

Year Built

  • Built in 1986

Lot Details

  • Property fronts a private road
  • Landscaped
  • Level Lot
  • Sprinkler System

HOA Fees

  • $269 Monthly HOA Fees

Home Design

  • Reverse Style Home
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 2,004 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Window Treatments
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Parking

  • Paved Parking
  • Off-Street Parking

Pool

  • In Ground Pool
  • Fiberglass Pool
  • Outdoor Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Patio
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District Water
  • Community Sewer or Septic

Listing and Financial Details

  • Tax Lot #708

Community Details

Overview

  • Association fees include common electric, common insurance, management, pool, road maintenance, security, tennis courts, walkways
  • Corolla Light Subdivision

Amenities

  • Common Area

Recreation

  • Community Beach Access
  • Health Club
  • Tennis Courts
  • Indoor Tennis Courts
  • Racquetball
  • Community Playground
  • Community Indoor Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,895

Year Built

Built in 1986

Lot Details

0

HOA Fees

$269 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: Highway 12 to Corolla Light. East on Austin Street. Right on Franklyn St. Left on Morris Drive, house on right.
  • Extras: Beach Access, Ceiling Fan(s), Covered Decks, Hot Tub, Jet Tub, Landscaped, Lawn Sprinklers, Outside Lighting, Outside Shower, Patio, Smoke Detector(s), Sun Deck
  • Flood Zone: VE
  • Headline: Ocean Views w/ Private Pool!
  • Heated Sq Ft: 2004
  • L V T Date: 04/17/2016
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Waterfront Location: 2 - lots from oceanfront (3rd row
  • Zoning: Res
  • Deed Book Pg Number: 0723
  • Major Subdivision: Corolla Light
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 5
  • Countertops: Laminate
  • Floor Coverings: Carpet, Ceramic Tile, Tile, Wood Laminate
  • Foundation: Piling, Slab
  • Full Bathrooms: 3
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Ice Maker Connection, Ensuite, Pantry, Washer Connection, Wood Fireplace
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Shakes, Wood
  • Pool: Yes
  • Pool: Private and Association
  • Pool Type: Outdoor, In Ground, Fiberglass, Private Pool, Association Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Garage: Carport
  • Parking: Paved, Off Street

Utilities

  • Cooling: Central, Heat Pump
  • Heating: Central, Heat Pump
  • Sewer/Septic System: Community Septic
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Common Electric, Common Insurance, Management, Pool, Road Maintenance, Security, Tennis Courts, Walkways
  • Association Amenities: Health Club, Indoor-Comm. Pool, Indoor-Comm. Tennis, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground, Racquetball, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 3232

Lot Info

  • Lot Description: Level
  • Lot Number: Lot #708
  • Deed Book: 0642

Rental Info

  • Est Annual Rental Income: 60135
  • Estimated Rental Performance: 0.1203
  • Lease Terms: Weekly
  • Rental Co: Brindley Beach Vacations
  • Rental Cottage Name: Kailuum
  • Rental Cottage Number: 708
  • Rental Phone Number: 252.453.3000
  • Rental Turnover Day: Saturday

Building Info

  • Year Built: 1986

Tax Info

  • Year: 2015
  • Taxes: 2895

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2016
Closed on
Nov 8, 2016
Sold by
Bautista Jose A
Bought by
Drewnowski Bartek P and Grewnowski Kelly Joy Duke
Seller's Agent
Matt Myatt
Keller Williams - Outer Banks
Buyer's Agent
Len Cusato
Keller Williams - Outer Banks
List Price
$574,900
Sold Price
$500,000
Premium/Discount to List
-$74,900
-13.03%
Current Estimated Value
$1,002,574

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$502,574
Avg. Annual Appreciation
7.90%
Original Mortgage
$400,000
Outstanding Balance
$320,017
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$682,557

Purchase Details

Closed on
Nov 6, 2002
Bought by
Jose A Bautista Revocble Trust and Laurie Nicholson Bautista Revo
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Drewnowski Bartek P $500,000 Attorney
Jose A Bautista Revocble Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Drewnowski Bartek P $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/06/2016 11/06/16 Sold $500,000 -13.0% $250 / Sq Ft
09/22/2016 09/22/16 Pending -- -- --
04/17/2016 04/17/16 For Sale $574,900 -- $287 / 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
2025 $5,109 $646,400 $357,500 $288,900
2024 $5,109 $646,400 $357,500 $288,900
2023 $5,093 $622,400 $357,500 $264,900
2022 $3,678 $622,400 $357,500 $264,900
2021 $3,663 $541,600 $325,000 $216,600
2020 $3,198 $541,600 $325,000 $216,600
2019 $3,198 $541,600 $325,000 $216,600
2018 $3,198 $541,600 $325,000 $216,600
2017 $2,907 $541,600 $325,000 $216,600
2016 $2,894 $541,600 $325,000 $216,600
2015 $2,896 $541,600 $325,000 $216,600
Source: Public Records

Agents Affiliated with this Home

  • Matt Myatt

    Seller's Agent in 2016

    Matt Myatt

    Keller Williams - Outer Banks

    (252) 207-6588

    159 in this area

    363 Total Sales

    Matt Myatt
    Section Image
  • Len Cusato

    Buyer's Agent in 2016

    Len Cusato

    Keller Williams - Outer Banks

    (252) 489-3065

    37 in this area

    166 Total Sales

    Len Cusato
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 92055

Outer Banks Association of REALTORS®

APN: 115B-000-0708-0000

North Carolina Currituck County Corolla 27927

1110 Morris Dr, Corolla, NC

Not Listed for Sale

Detached

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