NOT LISTED FOR SALE

1127 Morris Dr Corolla, NC 27927

Corolla Area

Estimated Value: $945,000 - $1,057,000

5 Beds
4.5 Baths
2,800 Sq Ft
$360/Sq Ft Est. Value

Sale Details

Date Sold: January 15, 2014

Last sale price $525,000 $188 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $6,255 / mo

34 Days on Market

Highlights

  • Community Beach Access
  • Ocean View
  • Spa
  • Knotts Island Elementary School Rated 9+
  • Tennis Courts
  • Clubhouse

About This Home

As of January 2014

Affordable Oceanside home in Corolla Light. Close to beach with direct ocean access. Well maintained and cared for home in X flood zone. Enjoy the comfort and convenience of this special home. The Hardwood floors on top level with nice trim package, compliments the warm feeling you get while walking room to room. A comfortable ships watch area with wet bar along with a ground floor rec area add to the charm of this home. Street presence is enhanced with mature landscaping.

Last Agent to Sell the Property

Ronald Barrett

Brindley Beach Vacations & Sales - Cor License #94054 Listed on: 10/22/2013

Last Buyer's Agent

Veronica Marsh

Keller Williams Outer Banks KDH License #157703

Keller Williams Outer Banks KDH

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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 Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,331

Year Built

  • Built in 1997

Lot Details

  • Lot Dimensions are 82x104
  • Property fronts a private road
  • Landscaped
  • Level Lot

HOA Fees

  • $264 Monthly HOA Fees

Parking

  • Paved Parking

Home Design

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

Interior Spaces

  • 2,800 Sq Ft Home
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Game Room
  • Screened Porch
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Pool

  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Tennis Courts
  • Covered Deck
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Tax Lot #736

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
  • Tennis Courts
  • Indoor Tennis Courts
  • Racquetball
  • Community Playground
  • Community Indoor Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,331

Year Built

Built in 1997

Lot Details

8,276 Sq Ft Lot

HOA Fees

$264 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Directions: Enter Cor Lgt Main Entrance (Austin Str), right on Franklyn, right on Morris, house on right.
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Covered Decks, Hot Tub, Indoor Tennis, Landscaped, Outdoor Tennis, Outside Lighting, Outside Shower, Screened Porch, Smoke Detector(s), Sun Deck
  • Flood Zone: X
  • Subdivision Name: Corolla Light PUD
  • Headline: X FLOOD ZONE, CLOSE TO BEACH
  • Heated Sq Ft: 2800
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Waterfront Location: More than 5th row
  • Zoning: Res
  • Deed Book Pg Number: 0685
  • 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: Granite
  • Floor Coverings: Carpet, Ceramic Tile, Hardwood
  • Foundation: Piling, Slab
  • Full Bathrooms: 4
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Washer Connection, Wet Bar
  • Optional Rooms: Game Room, Shipswatch
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Shakes, Wood
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 82
  • View: Ocean

Garage/Parking

  • Garage: Carport
  • Parking: Paved

Utilities

  • Cooling: Central, Heat Pump, Zoned
  • Heating: Central, Electric, Forced Air, 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, Indoor-Comm. Pool, Indoor-Comm. Tennis, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground, Racquetball, Sound Access, Board Walk
  • Association Fee: Yes
  • Estimated Annual Fee: 3168
  • Home Owner Dwelling Insurance: 2357

Lot Info

  • Lot Description: Level
  • Lot Faces: SE
  • Lot Size: 82x104
  • Lot Number: Lot #736
  • Deed Book: 0567

Rental Info

  • Est Annual Rental Income: 45000
  • Estimated Rental Performance: 0.0857
  • Flood Expenses: 458
  • Lease Terms: Weekly
  • Other Expenses: 475
  • Other Expenses2: 2500
  • Poolspa Expense: 1100
  • Rental Co: Brindley Beach Vacations
  • Rental Cottage Name: Hop Inn
  • Rental Cottage Number: 736
  • Rental Phone Number: 453-3000
  • Rental Turnover Day: Sat
  • Yearly Expense Actual Estimate: Actual
  • Annual Cable TV Expense: 700
  • Annual Electric: 2600
  • Annual Telephone Expense: 750
  • Annual Water Expense: 1900

Building Info

  • Year Built: 1997

Tax Info

  • Year: 2013
  • Taxes: 2331

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2013
Closed on
Dec 11, 2013
Sold by
Hopkins Howard W and Hopkins Frances M
Bought by
Seller's Agent
Ronald Barrett
Brindley Beach Vacations & Sales - Cor
Buyer's Agent
Veronica Marsh
Keller Williams Outer Banks KDH
List Price
$575,000
Sold Price
$525,000
Premium/Discount to List
-$50,000
-8.7%
Current Estimated Value
$1,007,316

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$482,316
Avg. Annual Appreciation
5.30%
Original Mortgage
$400,000
Interest Rate
4.48%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Corolla, NC

  • David Berberich Real Estate Agent - Hometown Realty

    David Berberich

    Hometown Realty

    (804) 781-3443

    73 Total Sales

    1 in Corolla

    $760,000 Price

    David Berberich
     Section Image
  • Jean-Paul Peron Real Estate Agent - eXp Realty

    Jean-Paul Peron

    eXp Realty

    (252) 573-5342

    155 Total Sales

    13 in Corolla

    $145K - $1.2M Price Range

    Jean-Paul Peron
     Section Image
  • Mark S. Brink Real Estate Agent - A Better Way Realty, Inc

    Mark S. Brink

    A Better Way Realty, Inc

    (252) 302-4225

    94 Total Sales

    7 in Corolla

    $185K - $3.5M Price Range

    Mark S. Brink
     Section Image
  • Brenda Williams Real Estate Agent - Howard Hanna Real Estate Svcs.

    Brenda Williams

    Howard Hanna Real Estate Svcs.

    (757) 704-5844

    157 Total Sales

    2 in Corolla

    $639K - $1.5M Price Range

    Brenda Williams
     Section Image
  • Susan Sullivan Real Estate Agent - Sun Realty of Nags Head/Harbin

    Susan Sullivan

    Sun Realty of Nags Head/Harbin

    (252) 336-9747

    106 Total Sales

    4 in Corolla

    $110K - $740K Price Range

    Susan Sullivan
     Section Image
  • Diana Brink Real Estate Agent - A Better Way Realty, Inc.

    Diana Brink

    A Better Way Realty, Inc.

    (252) 302-2160

    497 Total Sales

    11 in Corolla

    $185K - $3.5M Price Range

    Diana Brink
     Section Image
See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$525,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $395,000
Closed Spillman Earl $400,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/15/2014 01/15/14 Sold $525,000 -8.7% $188 / Sq Ft
11/25/2013 11/25/13 Pending -- -- --
10/22/2013 10/22/13 For Sale $575,000 -- $205 / Sq Ft
Source: Outer Banks Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,507 $556,500 $247,500 $309,000
2024 $5,507 $556,500 $247,500 $309,000
2023 $4,371 $556,500 $247,500 $309,000
2022 $3,280 $556,500 $247,500 $309,000
2021 $3,265 $486,200 $225,000 $261,200
2020 $2,847 $486,200 $225,000 $261,200
2019 $2,847 $486,200 $225,000 $261,200
2018 $2,847 $486,200 $225,000 $261,200
2017 $2,584 $486,200 $225,000 $261,200
2016 $2,646 $486,200 $225,000 $261,200
2015 $2,624 $480,600 $225,000 $255,600
Source: Public Records

Agents Affiliated with this Home

  • Ronald Barrett Real Estate Agent - Brindley Beach Vacations & Sales - Cor

    Seller's Agent in 2014

    Ronald Barrett

    Brindley Beach Vacations & Sales - Cor

    (252) 202-8999

    30 Total Sales

    Ronald Barrett
    Section Image

  • VM

    Buyer's Agent in 2014

    Veronica Marsh

    Keller Williams Outer Banks KDH

    Section Image
See All Agents

Map

Source: Outer Banks Association of REALTORS®

MLS Number: 81027

Outer Banks Association of REALTORS®

APN: 115B-000-0736-0000

North Carolina Currituck County Corolla 27927

1127 Morris Dr, Corolla, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Outer Banks Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.