NOT LISTED FOR SALE

1119 Morris Dr Corolla, NC 27927

Estimated Value: $865,000 - $910,000

5 Beds
4 Baths
1,958 Sq Ft
$451/Sq Ft Est. Value

Last Sold April 18, 2019

Last sale price $432,000 $221 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $5,342/month

808 Days on Market

Highlights

  • Community Beach Access
  • Health Club
  • Clubhouse
  • Ocean View
  • Spa
  • Cathedral Ceiling

About This Home

As of April 2019

Great ocean views from this corner lot home in Corolla Light. Why buy a Villa, when can own this home, on it's own lot, with room for a pool! New carpet on stairs (2019). A very short walk to the beach or to the community complex with its oceanfront pools, recreation facilities and restaurant. The top floor great room has huge windows open to sunlight and VIEWS OF THE OCEAN not often found in homes in this price range. Oak hardwood floors throughout the living areas. Master bedroom on top floor. Many wide wooden decks. Outdoor gazebo shelters the hot-tub in an outdoor space that has room to add backyard pool if desired. Remodeled in 2011, the house has five bedrooms and four full baths. Easy-care CertainTeed siding is weather resistant and never needs painting. Because of its oceanside location in a vibrant resort community and its views and beach proximity, this vacation home is a popular rental. Don’t miss this close-to-the ocean home at a super price.

Last Agent to Sell the Property

Rodney Perry

Brindley Beach Vacations & Sales - Cor License #218159 Listed on: 12/20/2016

Co-Listed By

John Booth

Brindley Beach Vacations & Sales - Cor License #188803

Last Buyer's Agent

Scott Wheeler

Celebration Realty License #274905

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,943

Year Built

  • Built in 1987

Lot Details

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

HOA Fees

  • $269 Monthly HOA Fees

Parking

  • Tuck Under Parking

Home Design

  • Reverse Style Home
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,958 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • 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
  • Gazebo

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District for Water and Sewer

Listing and Financial Details

  • Tax Lot #740

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,943

Year Built

Built in 1987

Lot Details

7,405 Sq Ft Lot

HOA Fees

$269 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: Hwy 12 N, right to Austin Street, right on Franklyn-go to end - house on right corner on Morris.
  • Extras: Beach Access, Ceiling Fan(s), Gazebo, Hot Tub, Landscaped, Lawn Sprinklers, Outside Shower, Smoke Detector(s), Sun Deck
  • Subdivision Name: Corolla Light PUD
  • Headline: LIKE A NEW HOUSE!!
  • Heated Sq Ft: 1958
  • L V T Date: 12/20/2016
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Waterfront Location: More than 5th row
  • Zoning: Res
  • Deed Book Pg Number: 486
  • Major Subdivision: Corolla Light
  • Office License Number: C14121
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 5
  • Floor Coverings: Carpet, Vinyl, Wood
  • Foundation: Piling, Slab
  • Full Bathrooms: 4
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Dryer Connection, Gas Connection, Ensuite, Washer Connection

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Vinyl
  • Pool: Yes
  • Pool: Association
  • Pool Type: Association Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Parking: Under

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Common Electric, Common Insurance, Grounds Maintenance, Management, Pool, Road Maintenance, Security, Tennis Courts, Walkways
  • Association Amenities: Clubhouse, Health Club, Indoor-Comm. Pool, Indoor-Comm. Tennis, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Park, Playground, Racquetball, Sound Access, Board Walk
  • Association Fee: Yes
  • Estimated Annual Fee: 3232
  • Home Owner Dwelling Insurance: 2925

Lot Info

  • Lot Description: Corner
  • Lot Number: Lot #740
  • Deed Book: 825

Rental Info

  • Est Annual Rental Income: 29326
  • Estimated Rental Performance: 0.0679
  • Flood Expenses: 750
  • Lease Terms: Weekly
  • Rental Co: Brindley Beach Vacations
  • Rental Cottage Name: Wild Horses
  • Rental Cottage Number: 740
  • Rental Phone Number: 453-3000
  • Rental Turnover Day: Sat
  • Yearly Expense Actual Estimate: Actual
  • Annual Cable TV Expense: 960
  • Annual Electric: 2100
  • Annual Telephone Expense: 400
  • Annual Water Expense: 900

Building Info

  • Year Built: 1987

Tax Info

  • Year: 2018
  • Taxes: 2943.45

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 1, 2025
Sold by
Rieker Falk E and Rieker Petra
Bought by
Rieker Living Trust and Rieker
Current Estimated Value
$883,387

Purchase Details

Listed on
Dec 20, 2016
Closed on
Apr 5, 2019
Sold by
Duffner Mark S and Duffner Kathleen F
Bought by
Rieker Falk E and Rieker Petra
Seller's Agent
Rodney Perry
Brindley Beach Vacations & Sales - Cor
Buyer's Agent
Scott Wheeler
Celebration Realty
List Price
$499,900
Sold Price
$432,000
Premium/Discount to List
-$67,900
-13.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.84%
Original Mortgage
$300,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 3, 2004
Bought by
Duffner Mark S and Duffner Kathleen F
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Rieker Living Trust -- None Listed On Document
Rieker Falk E $432,000 None Available
Duffner Mark S $813,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rieker Falk E $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/18/2019 04/18/19 Sold $432,000 -6.1% $221 / Sq Ft
03/08/2019 03/08/19 Pending -- -- --
02/15/2019 02/15/19 Price Changed $460,000 -2.1% $235 / Sq Ft
11/04/2018 11/04/18 Price Changed $470,000 -1.1% $240 / Sq Ft
03/13/2018 03/13/18 Price Changed $475,000 -5.0% $243 / Sq Ft
12/20/2016 12/20/16 For Sale $499,900 -- $255 / Sq Ft
Source: Outer Banks Association of REALTORS®

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 $4,615 $576,600 $302,500 $274,100
2024 $4,615 $576,600 $302,500 $274,100
2023 $4,599 $565,100 $302,500 $262,600
2022 $3,385 $565,100 $302,500 $262,600
2021 $3,403 $493,500 $275,000 $218,500
2020 $3,001 $493,500 $275,000 $218,500
2019 $2,943 $493,500 $275,000 $218,500
2018 $2,943 $493,500 $275,000 $218,500
2017 $2,671 $493,500 $275,000 $218,500
2016 $2,671 $493,500 $275,000 $218,500
2015 $2,671 $493,500 $275,000 $218,500
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2019

    Rodney Perry

    Brindley Beach Vacations & Sales - Cor

    Section Image

  • J

    Seller Co-Listing Agent in 2019

    John Booth

    Brindley Beach Vacations & Sales - Cor

  • Scott Wheeler

    Buyer's Agent in 2019

    Scott Wheeler

    Celebration Realty

    (757) 775-5115

    28 in this area

    35 Total Sales

    Scott Wheeler
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 94631

Outer Banks Association of REALTORS®

APN: 115B-000-0740-0000

North Carolina Currituck County Corolla 27927

1119 Morris Dr, Corolla, NC

Not Listed for Sale

Detached

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