Seller's Agent in 2016
Scott Wheeler
Celebration Realty
(757) 775-5115
28 in this area
36 Total Sales
1138 Morris Dr Corolla, NC 27927
Estimated Value: $850,897 - $890,000
4
Beds
2.5
Baths
1,956
Sq Ft
$447/Sq Ft
Est. Value
Highlights
- Community Beach Access
- Spa
- Clubhouse
- Health Club
- Gated Community
- Wooded Lot
About This Home
As of August 2016THE BEST VALUE IN COROLLA LIGHT. This attractive home is for the value conscience buyer who wants to own a smartly updated home in the Corolla Light community. Fresh from an interior make-over, this 4 bedroom, two and a half bath vacation home is a popular rental. Lots of bright airy space inside with a stone fireplace in the great room area that adjoins a brand new granite-topped kitchen. A screened porch with lots of decks gives access to outdoors. A loft provides a day-bed and pop-up trundle for extra sleeping space. The home is located Oceanside on a quiet cul-de-sac nestled in the pines. New floors, new bathrooms, new furniture . . . almost $100K worth of improvements, just made, that will last for years. With a new bridge to Corolla in the future, this house would be the perfect second-home, sized right and a one hour drive to/from Norfolk, VA. Very affordable entry into the Corolla Light community which is packed with amenities including an indoor fitness center with tennis courts and huge pool. Also, four outdoor pools, volleyball, putting green, bike and jogging trails, oceanfront restaurant and more. Nothing to fix or worry about with this immaculate home. Just enjoy!
Last Agent to Sell the Property
Celebration Realty License #274905 Listed on: 09/03/2014
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,206
Year Built
- Built in 1986
Lot Details
- Property fronts a private road
- Cul-De-Sac
- Landscaped
- Level Lot
- Sprinkler System
- Wooded Lot
HOA Fees
- $269 Monthly HOA Fees
Home Design
- Beach Box Architecture
- Reverse Style Home
- Frame Construction
- Asphalt Shingled Roof
- Lap Siding
- Piling Construction
Interior Spaces
- 1,956 Sq Ft Home
- Furnished
- Cathedral Ceiling
- Ceiling Fan
- Gas Fireplace
- Window Treatments
- Loft
- Fire and Smoke Detector
Kitchen
- Oven or Range
- Microwave
- Ice Maker
- Dishwasher
- Granite Countertops
Flooring
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- En-Suite Primary Bedroom
Laundry
- Dryer
- Washer
Parking
- Tuck Under Parking
- Paved Parking
Pool
- Spa
- Outdoor Shower
Outdoor Features
- Covered Deck
Utilities
- Forced Air Zoned Heating and Cooling System
- Heat Pump System
- Municipal Utilities District for Water and Sewer
Listing and Financial Details
- Tax Lot #722
Community Details
Overview
- Association fees include common electric, common insurance, grounds maintenance, management, pool, road maintenance, security, tennis courts, walkways
- Corolla Light Subdivision
Recreation
- Community Beach Access
- Health Club
- Tennis Courts
- Indoor Tennis Courts
- Racquetball
- Community Playground
- Community Indoor Pool
- Park
Additional Features
- Clubhouse
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 3, 2014
Closed on
Jul 19, 2016
Sold by
Kiselica Lawrence D and Kiselica Kathleen O
Bought by
Cronan Philip and Cronan Genevieve M
Seller's Agent
Scott Wheeler
Celebration Realty
Buyer's Agent
Sarah Spencer
Keller Williams - Outer Banks
List Price
$469,000
Sold Price
$375,000
Premium/Discount to List
-$94,000
-20.04%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$499,474
Avg. Annual Appreciation
9.42%
Original Mortgage
$337,500
Outstanding Balance
$267,087
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$607,387
Purchase Details
Closed on
Jan 6, 2003
Bought by
Kiselica Lawrence D and Kiselica Kathleen O
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cronan Philip | $375,000 | Attorney | |
| Kiselica Lawrence D | $335,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cronan Philip | $337,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/15/2016 08/15/16 | Sold | $375,000 | -20.0% | $192 / Sq Ft |
| 06/12/2016 06/12/16 | Pending | -- | -- | -- |
| 09/03/2014 09/03/14 | For Sale | $469,000 | -- | $240 / Sq Ft |
Source: Outer Banks Association of REALTORS®
Tax History Compared to Growth
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 | $4,876 | $606,900 | $192,500 | $414,400 |
| 2024 | $4,876 | $466,100 | $192,500 | $273,600 |
| 2023 | $3,825 | $466,100 | $192,500 | $273,600 |
| 2022 | $2,883 | $466,100 | $192,500 | $273,600 |
| 2021 | $2,896 | $396,500 | $175,000 | $221,500 |
| 2020 | $2,436 | $396,500 | $175,000 | $221,500 |
| 2019 | $2,430 | $396,500 | $175,000 | $221,500 |
| 2018 | $2,430 | $396,500 | $175,000 | $221,500 |
| 2017 | $2,206 | $396,500 | $175,000 | $221,500 |
| 2016 | $2,206 | $396,500 | $175,000 | $221,500 |
| 2015 | $2,206 | $396,500 | $175,000 | $221,500 |
Source: Public Records
Agents Affiliated with this Home
-
Scott Wheeler
-
Sarah Spencer
Buyer's Agent in 2016
Sarah Spencer
Keller Williams - Outer Banks
(252) 202-3357
94 in this area
294 Total Sales
Map
Source: Outer Banks Association of REALTORS®
MLS Number: 85044
APN: 115B-000-0722-0000
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