NOT LISTED FOR SALE

1141 Morris Dr Corolla, NC 27927

Estimated Value: $932,000 - $1,080,000

6 Beds
3.5 Baths
3,140 Sq Ft
$323/Sq Ft Est. Value

Last Sold September 02, 2014

Last sale price $560,000 $178 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $5,911/month

82 Days on Market

Highlights

  • Community Beach Access
  • Health Club
  • Clubhouse
  • Ocean View
  • Second Refrigerator
  • Coastal Architecture

About This Home

As of September 2014

High and dry in Corolla Light; High Dune is a real gem! Nothing has been overlooked in this spacious home. This home is the perfect size to accommodate all of your family and/or friends. The top floor is perfect for entertaining with high cathedral ceilings, a huge open floor plan living area, entertaining nook with a wet bar and updated kitchen featuring granite counter tops, 2 dishwashers and 2 ovens. There is a wonderful upper den that has ocean views and an over-sized screen porch, perfect for entertaining and relaxing . This home has been extremely well maintained with new siding, roof and gutters completed in 2012; new carpeting on stairs 2014. Decks off every one of the 6 bedrooms provide plenty of outdoor space and lots of room to add a hot tub if you want. Nestled in the trees there is lots of privacy. The is a great opportunity to own in beautiful Corolla Light which features an ocean front complex, fantastic sports complex with indoor pool, indoor tennis, racquet courts and more.

Last Agent to Sell the Property

Danielle Taylor

Keller Williams - Outer Banks License #273134 Listed on: 05/07/2014

Keller Williams - Outer Banks

Last Buyer's Agent

Terry Cremia

Shore Realty License #204156

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,511

Year Built

  • Built in 1988

Lot Details

  • 8,707 Sq Ft Lot
  • Property fronts a private road
  • Cul-De-Sac
  • Wooded Lot

HOA Fees

  • $264 Monthly HOA Fees

Parking

  • Paved Parking

Home Design

  • Coastal Architecture
  • Asphalt Shingled Roof
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 3,140 Sq Ft Home
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Screened Porch
  • Utility Room
  • Ocean Views

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Microwave
  • Second Refrigerator
  • Second Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Utilities

  • Heat Pump System
  • Municipal Utilities District Water
  • Community Sewer or Septic

Listing and Financial Details

  • Tax Lot # 729

Community Details

Overview

  • Association fees include common electric, grounds maintenance, management, pool, road maintenance
  • Don Cheek Association
  • Corolla Light Subdivision

Amenities

  • Common Area
  • Clubhouse

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,511

Year Built

Built in 1988

Lot Details

0

HOA Fees

$264 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Coastal
  • Directions: E on Austin (main entrance to Corolla Light), R on Franklyn, R on Morris, house at end of culdesac
  • Extras: Ceiling Fan(s), Screened Porch
  • Flood Zone: X
  • Headline: A Gem in Corolla Light!
  • Heated Sq Ft: 3140
  • Roads: Private
  • Sale/Rent: For Sale
  • Zoning: RES
  • Deed Book Pg Number: 0409
  • Major Subdivision: Corolla Light
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Wall Oven, Washer, 2nd Dishwasher, 2nd Refrigerator
  • Bedrooms: 6
  • Bedroom 1: On Level: 1
  • Bedroom 2: On Level: 1
  • Bedroom 3: On Level: 1
  • Bedroom 4: On Level: 1
  • Bedroom 5: On Level: 1
  • Bedroom 6: On Level: 1
  • Kitchen: On Level: 2
  • Countertops: Granite
  • Floor Coverings: Carpet, Ceramic Tile, Vinyl, Hardwood
  • Foundation: Piling
  • Full Bathrooms: 3
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Ensuite, Wet Bar, Wood Fireplace
  • Dining Room: On Level: 2
  • Family Room: On Level: 2
  • Living Room: On Level: 2
  • Optional Rooms: Breakfast Nook, Foyer, Utility Room, Shipswatch
  • Partial Bathrooms: 1
  • Optional Room 1: On Level: 3

Exterior Features

  • Construction: Wood
  • Exterior: Cement Fiber Board
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Garage: Carport
  • Parking: Paved

Utilities

  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Oilgas Severed Pre Owner: No Representation
  • Sewer/Septic System: Community Septic
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Common Electric, Grounds Maintenance, Management, Pool, Road Maintenance
  • Association Amenities: Clubhouse, Health Club, Indoor-Comm. Pool, Indoor-Comm. Tennis, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground, Racquetball, Sound Access, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 3169
  • Hoa Contact: Don Cheek

Lot Info

  • Estimated Lot Sq Ft: 8707
  • Lot Description: Cul-de-sac, Wooded
  • Lot Faces: S
  • Lot Number: Lot# 729
  • Deed Book: 0383

Rental Info

  • Est Annual Rental Income: 34000
  • Estimated Rental Performance: 0.0607
  • Rental Co: Managed by Homeowner
  • Rental Cottage Name: High Dune
  • Rental Turnover Day: Sunday

Building Info

  • Year Built: 1988

Tax Info

  • Year: 2013
  • Taxes: 2510.97

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2014
Closed on
Aug 21, 2014
Sold by
Green John T and Green Sandra H
Bought by
Walter Ervin and Walter Laura E H
Seller's Agent
Danielle Taylor
Keller Williams - Outer Banks
Buyer's Agent
Terry Cremia
Shore Realty
List Price
$574,500
Sold Price
$560,000
Premium/Discount to List
-$14,500
-2.52%
Current Estimated Value
$1,015,039

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$455,039
Avg. Annual Appreciation
5.38%
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
Walter Ervin $560,000 Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/02/2014 09/02/14 Sold $560,000 -2.5% $178 / Sq Ft
07/28/2014 07/28/14 Pending -- -- --
05/07/2014 05/07/14 For Sale $574,500 -- $183 / 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 $4,084 $514,400 $192,500 $321,900
2024 $4,068 $514,400 $192,500 $321,900
2023 $3,640 $514,400 $192,500 $321,900
2022 $3,059 $514,400 $192,500 $321,900
2021 $3,044 $451,000 $175,000 $276,000
2020 $2,660 $451,000 $175,000 $276,000
2019 $2,660 $451,000 $175,000 $276,000
2018 $0 $451,000 $175,000 $276,000
2017 $2,415 $451,000 $175,000 $276,000
2016 $2,488 $451,000 $175,000 $276,000
2015 -- $451,000 $175,000 $276,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 83550

Outer Banks Association of REALTORS®

APN: 115B-000-0729-0000