NOT LISTED FOR SALE

1134 Morris Dr Corolla, NC 27927

Estimated Value: $745,000 - $807,357

4 Beds
3.5 Baths
1,941 Sq Ft
$399/Sq Ft Est. Value

Last Sold July 07, 2022

Last sale price $817,500 $421 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $4,618/month

5 Days on Market

Highlights

  • Health Club
  • Clubhouse
  • Wooded Lot
  • Outdoor Pool
  • Coastal Architecture
  • Cathedral Ceiling

About This Home

As of July 2022

Nestled amongst mature evergreens in the heart of sought-after Corolla Light, this charming oceanside 4-bedroom, 3.5-bath home offers a soothing respite with classic coastal touches throughout! The home lives larger than its square footage might suggest thanks to a bright and airy reverse floorplan and a split mid-level. On the top floor, you'll find an updated living, dining, and kitchen area featuring soaring ceilings, abundant natural light, and blonde Southern Pine flooring throughout. The home chef will adore the gourmet kitchen, featuring gorgeous granite countertops, crisp white Shiloh shaker-style cabinets, and stainless appliances selected with entertaining a crowd in mind. A conveniently-located dining area provides plenty of space for the whole gang to gather. Off the dining area, you'll find an enclosed screened porch, the perfect setting for sipping a cup of coffee while the local birds start their day with a song. The living room is both spacious and relaxing, with a cozy wood-burning fireplace adding both ambience and warmth, as well as a table perfect for working on a jigsaw puzzle. Need a little alone time? The loft is the ideal spot to while away an afternoon with a novel. When it's time to retire for the evening, head downstairs to the tranquil split-format mid level, where you will find four generously-sized bedrooms (two of which offer en-suite baths), along with a shared hall bath. The ground level features a large laundry room with abundant storage, along with a powder room that serves as the perfect accompaniment to the spacious outdoor shower and dry entry. Outdoors, you'll find a serene, park-like setting with opportunities for enjoying the maritime forest and its wildlife. Whether you want to catch some rays or have it made in the shade, the opportunities are endless, with a top-level sun deck, mid-level covered porches, and a private gazebo! Not only are terrific Corolla shops and restaurants just a stone's throw away, the property is also conveniently located a short stroll from the community beach access and desirable Corolla Light amenities such as indoor and outdoor pools and tennis, sports courts, health club, playground, and more. Make your escape to this show-stopping coastal retreat!

Last Agent to Sell the Property

Danielle Taylor

Keller Williams - Outer Banks License #273134 Listed on: 05/10/2022

Keller Williams - Outer Banks

Last Buyer's Agent

Liz Holterhaus

Keller Williams Town Center License #219965

Keller Williams Town Center

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,591

Year Built

  • Built in 1986

Lot Details

  • 8,239 Sq Ft Lot
  • Property fronts a private road
  • Cul-De-Sac
  • Level Lot
  • Wooded Lot

HOA Fees

  • $277 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,941 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Loft
  • Screened Porch
  • Utility Room

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Tuck Under Parking
  • Paved Parking
  • Off-Street Parking

Pool

  • Outdoor Pool
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Gazebo
  • Storage Shed

Utilities

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

Listing and Financial Details

  • Tax Lot 720

Community Details

Overview

  • Association fees include common electric, common insurance, management, security, tennis courts
  • Ben Stikeleather Association, Phone Number (252) 453-2455
  • Corolla Light Subdivision

Amenities

  • Clubhouse

Recreation

  • Health Club
  • Tennis Courts
  • Indoor Tennis Courts
  • Community Playground
  • Community Indoor Pool
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,591

Year Built

Built in 1986

Lot Details

0

HOA Fees

$277 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Directions: From 12N: Turn right on Austin St., then right onto Franklyn St. Turn right onto Morris Drive and property will be on the left at the circle.
  • Extras: Ceiling Fan(s), Covered Decks, Gazebo, Outside Shower, Screened Porch, Storage Shed, Sun Deck, Dry Entry, Inside Laundry Room
  • Flood Zone: X
  • Headline: Corolla Light Oceanside!
  • Heated Sq Ft: 1941
  • L V T Date: 05/10/2022
  • Phase: Phase 1
  • Primary Residence: Yes
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Zoning: Res
  • Advertised Income 2022: 66125
  • Deed Book Pg Number: 429
  • 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

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 4
  • Countertops: Granite
  • Floor Coverings: Carpet, Tile, Wood
  • Foundation: Piling
  • Full Bathrooms: 3
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Dryer Connection, Ensuite, Skylight, Washer Connection, Wood Fireplace
  • Optional Rooms: Loft, Utility Room
  • Partial Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: Carport
  • Parking: Paved, Off Street, Under

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Common Electric, Common Insurance, Management, Security, Tennis Courts
  • Association Amenities: Clubhouse, Health Club, Indoor-Comm. Pool, Indoor-Comm. Tennis, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Park, Playground, Sound Access
  • Association Fee: Yes
  • Estimated Annual Fee: 3329
  • Hoa Contact: Ben Stikeleather
  • HOA Contact: 252-453-2455
  • Home Owner Dwelling Insurance: 4000

Lot Info

  • Estimated Lot Sq Ft: 8239
  • Lot Description: Cul-de-sac, Level, Wooded
  • Lot Number: Lot 720
  • Estimated Lot Size: 0.19
  • Deed Book: 1195

Rental Info

  • Est Annual Rental Income: 66125
  • Estimated Rental Performance: 0.0809
  • Flood Expenses: 668
  • Other Expenses: 750
  • Total Expenses: 10718
  • Yearly Expense Actual Estimate: Estimated
  • Annual Cable TV Expense: 2500
  • Annual Electric: 1700
  • Annual Water Expense: 1100

Building Info

  • Year Built: 1986

Tax Info

  • Year: 2021
  • Taxes: 2590.54

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2022
Closed on
Jun 23, 2022
Sold by
Kinni Theodore B and Kinni Donna
Bought by
Small Harolyn and Page Benjamin James
Seller's Agent
Danielle Taylor
Keller Williams - Outer Banks
Buyer's Agent
Liz Holterhaus
Keller Williams Town Center
List Price
$810,000
Sold Price
$817,500
Premium/Discount to List
$7,500
0.93%
Current Estimated Value
$774,089

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$43,411
Avg. Annual Appreciation
-1.55%
Original Mortgage
$260,000
Outstanding Balance
$246,594
Interest Rate
5.23%
Mortgage Type
New Conventional
Estimated Equity
$527,495

Purchase Details

Closed on
Mar 20, 2012
Sold by
Harrell Gibson R and Harrell Pearl W
Bought by
Kinni Theodore B and Kinni Donna
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
Small Harolyn -- Sharp Starkey
Small Harolyn -- Sharp Starkey
Kinni Theodore B $325,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Small Harolyn $260,000
Closed Small Harolyn $260,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/07/2022 07/07/22 Sold $817,500 +0.9% $421 / Sq Ft
05/15/2022 05/15/22 Pending -- -- --
05/10/2022 05/10/22 For Sale $810,000 -- $417 / 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 $3,518 $433,600 $192,500 $241,100
2024 $3,518 $433,600 $192,500 $241,100
2023 $3,088 $425,400 $192,500 $232,900
2022 $2,606 $425,400 $192,500 $232,900
2021 $2,591 $370,600 $175,000 $195,600
2020 $2,234 $370,600 $175,000 $195,600
2019 $2,234 $370,600 $175,000 $195,600
2018 $2,234 $370,600 $175,000 $195,600
2017 $2,029 $370,600 $175,000 $195,600
2016 $2,029 $370,600 $175,000 $195,600
2015 $2,029 $370,600 $175,000 $195,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 118802

Outer Banks Association of REALTORS®

APN: 115B-000-0720-0000