NOT LISTED FOR SALE

1125 Morris Dr Corolla, NC 27927

Estimated Value: $979,152 - $1,035,000

5 Beds
3.5 Baths
2,794 Sq Ft
$362/Sq Ft Est. Value

Last Sold January 08, 2021

Last sale price $649,000 $232 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $5,955/month

2 Days on Market

About This Home

As of January 2021

BEAUTIFUL HOME IN COROLLA LIGHT! CLOSE TO THE BEACH! TURN-KEY!! This is the one you have been waiting for!! Ideally located within the Corolla Light community, this home is open and spacious with lots of light! Tastefully appointed with lovely furnishings! Large great room, lovely sun room, and gorgeous and spacious kitchen featuring cherry cabinets and quartz countertops....perfect for family gatherings and entertaining! All of the bathrooms have been remodeled to include ceramic tile and glass shower enclosures and high-end fixtures! Enjoy the awesome outdoor living on the expansive sun decks/covered decks as well as a lovely screened porch! This home has been extremely well maintained and loved! *New roof in 2015 *HVAC 2014/2015 *Exterior paint 2017 *Gutters 2019 *Chimney Case Cover 2019 *Kitchen refrigerator 2019 *Dishwasher 2017 *Ground level refrigerator 2018 *Washer Dryer 2018! Enjoy all of the Corolla Light amenities including oceanfront clubhouse, pools, and ocean access...and additional pools, tennis courts and an indoor Sports Center housing an olympic sized pool, hard tru courts and a game center. IDEAL AS A SECOND HOME OR INVESTMENT OPPORTUNITY! A MUST SEE!

Last Agent to Sell the Property

Melanie Day

Landmark Sotheby's Internation License #219374 Listed on: 11/06/2020

Landmark Sotheby's Internation

Co-Listed By

Kari Gilles

Keller Williams - Outer Banks License #269911

Last Buyer's Agent

Four Seasons Realty

Four Seasons Realty License #177785

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,221

Year Built

  • Built in 1989

Lot Details

  • 8,712

HOA Fees

  • $277 Monthly HOA Fees

Interior Spaces

  • 2,794 Sq Ft Home
  • Furnished

Bedrooms and Bathrooms

  • 5 Bedrooms

Pool

  • Outdoor Pool

Listing and Financial Details

  • Tax Lot 737

Community Details

Overview

  • Don Cheek Association
  • Corolla Light Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,221

Year Built

Built in 1989

Lot Details

0

HOA Fees

$277 per month

Listing Details

  • Class: RESIDENTIAL
  • Headline: COROLLA LIGHT PERFECTION!
  • Heated Sq Ft: 2794
  • L V T Date: 11/06/2020
  • Sale/Rent: For Sale
  • Zoning: RES
  • Advertised Income 2020: 34424
  • Deed Book Pg Number: 418
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Major Subdivision: Corolla Light
  • Newpoint Media: Yes
  • Office License Number: C30917
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Full Bathrooms: 3
  • Furnishings Available: Yes
  • Partial Bathrooms: 1

Exterior Features

  • Pool: Yes
  • Pool: Association
  • Pool Type: Association Pool

Condo/Co-op/Association

  • Association Fee: Yes
  • Estimated Annual Fee: 3329
  • Hoa Contact: Don Cheek
  • HOA Contact: 453-2455

Lot Info

  • Lot Number: Lot 737
  • Deed Book: 1001

Rental Info

  • Est Annual Rental Income: 37680
  • Estimated Rental Performance: 0.0581
  • Rental Co: Brindley Beach Vacations
  • Rental Cottage Name: Beachy Keen
  • Rental Cottage Number: 737
  • Rental Phone Number: 453-3000
  • Rental Turnover Day: SATURDAY

Building Info

  • Year Built: 1989

Tax Info

  • Year: 2020
  • Taxes: 3220.53

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2020
Closed on
Jan 4, 2021
Sold by
Halatyn Thomas and Betschart Nancy
Bought by
Smolinski Chad and Smolinski Ipsita
Seller's Agent
Melanie Day
Landmark Sotheby's Internation
Buyer's Agent
Four Seasons Realty
Four Seasons Realty
List Price
$649,000
Sold Price
$649,000
Current Estimated Value
$1,011,788

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$362,788
Avg. Annual Appreciation
9.21%
Original Mortgage
$499,000
Outstanding Balance
$443,234
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$568,554

Purchase Details

Closed on
May 1, 2007
Sold by
Garner Curtis L and Garner Elizbeth T
Bought by
Haleyn Thomas and Betchet Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$588,000
Interest Rate
6.11%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Smolinski Chad $649,000 None Available
Haleyn Thomas $735,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smolinski Chad $499,000
Previous Owner Haleyn Thomas $588,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/08/2021 01/08/21 Sold $649,000 0.0% $232 / Sq Ft
11/08/2020 11/08/20 Pending -- -- --
11/06/2020 11/06/20 For Sale $649,000 -- $232 / 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 $5,092 $639,900 $270,000 $369,900
2024 $5,092 $639,900 $270,000 $369,900
2023 $5,076 $639,900 $270,000 $369,900
2022 $3,794 $639,900 $270,000 $369,900
2021 $3,788 $542,100 $250,000 $292,100
2020 $3,221 $542,100 $250,000 $292,100
2019 $3,221 $542,100 $250,000 $292,100
2018 $3,221 $542,100 $250,000 $292,100
2017 $2,922 $542,100 $250,000 $292,100
2016 $2,922 $542,100 $250,000 $292,100
2015 $2,922 $542,100 $250,000 $292,100
Source: Public Records

Agents Affiliated with this Home

  • Melanie Day

    Seller's Agent in 2021

    Melanie Day

    Landmark Sotheby's Internation

    (252) 207-6138

    66 in this area

    212 Total Sales

    Melanie Day
    Section Image

  • K

    Seller Co-Listing Agent in 2021

    Kari Gilles

    Keller Williams - Outer Banks

  • Four Seasons Realty

    Buyer's Agent in 2021

    Four Seasons Realty

    Four Seasons Realty

    (252) 261-6664

    108 in this area

    290 Total Sales

    Four Seasons Realty
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 111769

Outer Banks Association of REALTORS®

APN: 115B-000-0737-0000

North Carolina Currituck County Corolla 27927

1125 Morris Dr, Corolla, NC

Not Listed for Sale

Detached

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