NOT LISTED FOR SALE

1142 Morris Dr Corolla, NC 27927

Corolla Area

Estimated Value: $1,016,000 - $1,047,000

5 Beds
4.5 Baths
3,080 Sq Ft
$336/Sq Ft Est. Value

Sale Details

Date Sold: December 2, 2020

Last sale price $649,000 $211 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $6,330 / mo

4 Days on Market

Highlights

  • Community Beach Access
  • Health Club
  • Second Refrigerator
  • Knotts Island Elementary School Rated 9+
  • Fiberglass Pool
  • Clubhouse

About This Home

As of December 2020

Well Maintained Quality Updated 5 bedroom /4 .5 bath home with Private Pool located in the much sought after Corolla Light Resort Community. Top Level is Spacious, Open, Bright and features quality updated Kitchen with granite counter tops, tile back splash, Kitchen lends access to expansive top deck, gorgeous LVT flooring through out the entire top level, perfect Dining Area for all to gather, beautifully decorated Great Room with gas fireplace, and Large King Master Bedroom with jetted tub and deck access. Mid Level offers 2 Queen Master Bedrooms, plus 1 Duo Bunk Bedroom and a second bunk bed room with a Duo Bunk & Bunkbed that share the hall bath and a laundry area. Most bedrooms have deck access to the huge midlevel shaded deck that includes relaxing in the hot tub and/or napping in the hammock. The Ground Level boasts an oversized Recreational Room with Pool Table, sitting area with Couch, TV, little bar area with microwave, mini frig and 1/2 bath. Step outside from the Rec Room to your very own private serene Pool Area. Exterior of the home will be painted beginning the week of October 18 and roof is scheduled to be replaced with a fortified roof. Additionally, Corolla Lights Resort offers abundant fabulous amenities for all to experience. You will be delighted by the amazing Ocean Front Pool, 10 Tennis Courts, BasketBall Courts, Playground, SoundSide Pool, Fitness center that includes indoor junior size olympic swimming pool, Hot Tub, indoor clay tennis courts, racquetball courts, Cardio and Weight work out rooms, plus in season shuttle to the beach. If you are looking for a beautiful Quality Updated lovingly maintained beach home with Private Pool and situated in the top notch Corolla Light Resort , then call now to schedule your showing.

Last Agent to Sell the Property

Sandra LaRue

Corolla Beach Realty License #244093 Listed on: 10/05/2020

Co-Listed By

Daniel LaRue

Corolla Beach Realty License #257370

Last Buyer's Agent

Melanie Day

Landmark Sotheby's Internation License #219374

Landmark Sotheby's Internation

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,962

Year Built

  • Built in 1997

Lot Details

  • 8,000 Sq Ft Lot
  • Cul-De-Sac
  • Landscaped
  • Level Lot

HOA Fees

  • $277 Monthly HOA Fees

Parking

  • Tuck Under Parking

Home Design

  • Contemporary Architecture
  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Piling Construction

Interior Spaces

  • 3,080 Sq Ft Home
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Game Room

Kitchen

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

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Pool

  • Fiberglass Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Storage Shed

Utilities

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

Listing and Financial Details

  • Tax Lot 724

Community Details

Overview

  • Association fees include common electric, common insurance, grounds maintenance, management, pool, road maintenance, security, tennis courts, walkways
  • Don Cheeks Association, Phone Number (252) 453-2455
  • Corolla Light Subdivision

Amenities

  • Clubhouse

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,962

Year Built

Built in 1997

Lot Details

8,000 Sq Ft Lot

HOA Fees

$277 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary, Reverse Floor Plan
  • Extras: Boardwalk to Beach, Ceiling Fan(s), Covered Decks, Hot Tub, Jet Tub, Landscaped, Outside Shower, Storage Shed, Sun Deck
  • Subdivision Name: Corolla Light P.U.D
  • Headline: UPDATED WELL MAINTAINED HOME
  • Heated Sq Ft: 3080
  • L V T Date: 10/05/2020
  • Phase: 1
  • Roads: Paved
  • Sale/Rent: For Sale
  • Waterfront Location: More than 5th row
  • Zoning: Res
  • Advertised Income 2020: 47180
  • Deed Book Pg Number: 657
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Major Subdivision: Corolla Light
  • Newpoint Media: Yes
  • Office License Number: C18834
  • 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 w/Ice Maker, Washer, 2nd Refrigerator
  • Bedrooms: 5
  • Countertops: Granite
  • Floor Coverings: Carpet, Ceramic Tile, Vinyl, Wood Laminate
  • Foundation: Piling
  • Full Bathrooms: 4
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Some Windows Treated, Washer Connection, Wet Bar
  • Optional Rooms: Game Room
  • Partial Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: Carport
  • Parking: Under

Utilities

  • Cooling: Central, Heat Pump, Zoned
  • Heating: Central, Heat Pump
  • Sewer/Septic System: Community Septic
  • 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, Health Club, Indoor-Comm. Pool, Indoor-Comm. Tennis, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Park, Playground, Racquetball, Sound Access
  • Association Fee: Yes
  • Estimated Annual Fee: 3329
  • Hoa Contact: Don Cheeks
  • HOA Contact: 252.453.2455

Lot Info

  • Estimated Lot Sq Ft: 8000
  • Lot Description: Cul-de-sac, Level
  • Lot Faces: E
  • Lot Number: Lot 724
  • Estimated Lot Size: 0.18
  • Deed Book: 1114

Rental Info

  • Est Annual Rental Income: 47180
  • Estimated Rental Performance: 0.0727
  • Lease Terms: Weekly
  • Rental Co: Brindley Beach Vacations
  • Rental Cottage Name: Shore Haven
  • Rental Cottage Number: 724
  • Rental Phone Number: (252) 261-2222
  • Rental Turnover Day: Saturday
  • Rental Contact Name: Brindley Beach

Building Info

  • Year Built: 1997

Tax Info

  • Year: 2020
  • Taxes: 2962

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 5, 2020
Closed on
Nov 30, 2020
Sold by
Sellers John S and Sellers Christina D
Bought by
Seller's Agent
Sandra LaRue
Corolla Beach Realty
Buyer's Agent
Melanie Day
Landmark Sotheby's Internation
List Price
$649,000
Sold Price
$649,000
Current Estimated Value
$1,034,433

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$385,433
Avg. Annual Appreciation
8.48%
Original Mortgage
$449,000
Outstanding Balance
$391,255
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$643,178

Purchase Details

Closed on
Jan 21, 2010
Sold by
Werner Gary L and Werner Rebecca E
Bought by
Sellers John S and Sellers Christina D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,000
Interest Rate
4.94%
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

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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
$649,000 None Available
Sellers John S $635,000 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 $449,000
Previous Owner Sellers John S $335,000
Previous Owner Werner Gary L $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
12/02/2020 12/02/20 Sold $649,000 0.0% $211 / Sq Ft
10/09/2020 10/09/20 Pending -- -- --
10/05/2020 10/05/20 For Sale $649,000 -- $211 / 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 $4,481 $571,000 $192,500 $378,500
2024 $4,481 $571,000 $192,500 $378,500
2023 $4,465 $571,000 $192,500 $378,500
2022 $3,349 $571,000 $192,500 $378,500
2021 $3,333 $492,100 $175,000 $317,100
2020 $2,962 $492,100 $175,000 $317,100
2019 $2,962 $492,100 $175,000 $317,100
2018 $0 $492,100 $175,000 $317,100
2017 $2,688 $492,100 $175,000 $317,100
2016 $2,688 $492,100 $175,000 $317,100
2015 -- $492,100 $175,000 $317,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 111330

Outer Banks Association of REALTORS®

APN: 115B-000-0724-0000

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