Listing Details For 1100 Morris Drive in Corolla

Closing Price:
$1,785,000
1100 Morris Drive, Corolla, NC 27927-9679
6 bd
6 ba
4385 sq ft
MLS #: 116684
Status: Closed

Sold Details

Status: Closed
Sold Price: $1,750,000.00
Closing Date: 1/10/2022
Contract Date: 11/17/2021
Seller Concessions: No
Total Days on Market:
Cumulative Days on Market: 15
Due Diligence Date: 12/7/2021

Listing Information

Area: Corolla Oceanside
Mls Status: Closed
Days On Market: 15
Cumulative Days On Market: 15
Listing Price: $1,785,000
Original Listing Price: $1,785,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 1/11/2022
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 4385
Asking Price Per SqFt: $407.00
Heated Living Area Sq Ft: 4385
BedroomsTotal: 6
Bathrooms Full: 6
Bathrooms Partial: 1
Year Built: 1987
Architectural Style: Reverse Floor Plan, Coastal
Sub Type: Single Family Residence
Appliances: Dryer, Dishwasher, Microwave, Refrigerator w/Ice Maker, Range/Oven, Washer
Roof: Asphalt
Parking: Paved
Foundation: Piling
Pool: Yes
Pool Type: Association
Pool Features: Association
Counter Tops: Granite,Solid Surface
Cooling: Central Air, Heat Pump, Zoned
Interior Features: Cathedral Ceiling(s), Pantry, Wet Bar
Heating: Central, Electric, Zoned
Room Type: Foyer, Game Room, Sun/Florida Room, Utility Room
Flooring: Carpet, Ceramic Tile, Vinyl Tile
Construction Materials: Frame, Wood Siding

Legal Description

County: Currituck
Subdivision: Corolla Light
Deed Book: 1487
Deed Book Page Number: 67
County Pin Number: 115B00007030000
Price Change: 1/10/2022
Road Surface: Paved, Private
Association Amenities: Clubhouse, Common Area, Fitness Center, Indoor-Comm. Pool, Indoor-Comm. Tennis, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground, Park, Sound Access

Lot Details

Lot Size Acres: 0.21
Lot Size Square Feet: 8960
Lot Features: Beach Frontage, Level, Waterfront
Waterfront: Ocean Front
View: Ocean
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2021
Annual Property Taxes: $6,501.00
Water Source: Municipal
Contract Status Change Date: 1/11/2022
Estimated Annual Fee Amt: $3,329.00
Association Fee Includes: Electricity, Common Insurance, Maintenance Grounds, Management, Pool, Road Maintenance, Security, Tennis Courts, Walkways
Association Fee Yes or No: Yes

Financials

Electroni Locks: Leased
Bank/Institution Owned: No
Exterior: Lap Siding
Extras: Ceiling Fan(s),Covered Decks,Hot Tub,Landscaped,Outside Shower,Sun Deck,Inside Laundry Room
HOA Contact Name: Corolla Light Community Assoc
Primary Residence: No
HOA Contact Info: 252-453-2455

Rental Income

Annual Rental Income: 167700
Rental Performance: 0.0958
Owner Rental Income 2021 Amount: 105404
Avertised Income 2021 Amount: 118863

Listing Agent Remarks

BEACH BARGAIN! MOST AFFORDABLE OCEAN FRONT HOME from Southern Shores to Corolla! RENTAL PROJECTION OF $167,700 FOR NEXT YEAR makes this a solid investment. With 6 bedrooms, 6 ½ baths, ELEVATOR, Rec Room with POOL TABLE, large OPEN CONCEPT GREAT ROOM boasting SPECTACULAR VIEWS of the beach, SUNROOM, UPDATED KITCHEN with GRANITE and a HOT TUB for relaxing. Wrap around porches and covered decks make this the perfect home for OUTDOOR LIVING. Located just steps from the OCEANFRONT COMMUNITY POOL as well as the community playground, tennis courts, basketball, restaurant, and direct walkway to the beach. Corolla Light is known to be the premier Corolla community. In addition to the great ocean side amenities you can enjoy the SOUND SIDE POOL AND DOCK, SOUND SIDE SPORTS CENTER that features an OLYMPIC SIZE INDOOR POOL, GYM, INDOOR TENNIS COURTS and activities center.

Directions

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Official MLS Disclaimer

The data relating to real estate for sale on this web site comes from the Broker Reciprocity Program of the Outer Banks Association of REALTORS. This property located at 1100 Morris Drive in Corolla is provided courtesy of Keller Williams - Outer Banks C: 252-489-8054. Information is believed to be accurate but is not warranted. Copyrighted by Outer Banks Association of REALTORS. All Rights Reserved. IDX information is provided by Shore Realty of the OBX exclusively for consumers, personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. If this page disappears from this site it means the property at 1100 Morris Drive in Corolla is no longer available for sale. If you are interested in this property or have any questions about buying or selling real estate on the Outer Banks call Shore Realty. Local 252-441-3416 OR 800-647-1868.

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