Closing Price:
$419,000
502 Magnolia Way, Corolla, NC 27927
4 bd
3 ba
2570 sq ft
MLS #: 100915
Status: Closed

Sold Details

Status: Closed
Sold Price: $409,000.00
Closing Date: 10/30/2018
Off Market Date: 7/20/2018
Contract Date: 9/2/2018
Seller Concessions: No
Total Days on Market:
Cumulative Days on Market: 53

Listing Information

Area: Corolla Westside
Mls Status: Closed
Days On Market: 50
Cumulative Days On Market: 53
Listing Price: $419,000
Original Listing Price: $419,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 10/31/2018
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 2570
Asking Price Per SqFt: $163.00
Heated Living Area Sq Ft: 2570
BedroomsTotal: 4
Bathrooms Full: 3
Bathrooms Partial: 1
Year Built: 1997
Garage: 1 Car
Architectural Style: Cottage, Coastal
Sub Type: Single Family Residence
Appliances: Dryer, Microwave, Refrigerator w/Ice Maker, Range/Oven, Washer
Roof: Asphalt
Pool: Yes
Pool Type: Association
Pool Features: Association
Cooling: Central Air, Heat Pump, Zoned
Heating: Central, Heat Pump, Zoned
Flooring: Carpet, Ceramic Tile
Construction Materials: Frame

Legal Description

County: Currituck
Subdivision: TCC-Magnolia Bay
Subdivision Name: The Currituck Club
Deed Book: 1383
Deed Book Page Number: 460
County Pin Number: 127D00000310000
Price Change: 10/30/2018

Lot Details

Total Assessed Value: 387000
Lot Features: Level, Waterfront
Waterfront: Soundfront
View: Sound
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2017
Annual Property Taxes: $2,128.00
Home Oner Insurance Expense: 2203
Water Source: Municipal
Yearly Water Expense: 276
Other Yearly Expense: 142000
Pool Or Spa Expense: 1550
Yearly Elecric Expense: 3000
Yearly Cable Tv Expense: 1800
Contract Status Change Date: 10/31/2018
Estimated Annual Fee Amt: $5,590.00
Sewer: Public Sewer
Association Fee Yes or No: Yes

Financials

Bill Of Sale Amoung: 1
Bank/Institution Owned: No
Exterior: Cement Fiber Board
Primary Residence: No

Rental Income

There is no rental income information available

Listing Agent Remarks

Recently remodel sound front in Magnolia Bay in the heart of The Currituck Club. Enjoy this perfect spot on the sound front in Corolla with spectacular sunsets beaming right into your living and kitchen. Magnolia Bay is tucked in and on the south end of The Currituck Club. This beautiful well appointed single family home is in one of the most attractive communities in Corolla. The property has been completely renovated and is in turn key condition for the new owner to take over and relax because the seller has made it a dream spot for a second home owner or the investor with a bounty full of bookings for 2018. The first level offers living with fireplace and dining and kitchen with a formal dining and a master with fireplace on this level. The living and kitchen offer breathless views of the water and sunsets that will last in the memory bank for years. Upstairs offer three additional bedrooms, one master with fireplace and two bedrooms that share a hallway bath. Enjoy the sunset right from the hot tub on the west deck and you may never want to leave. Community pool is within minutes on a bike or in a car and comes without the headache of maintaing a private pool. Sellers will consider owner finance with 25% down.

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 502 Magnolia Way in Corolla is provided courtesy of Village Realty Holdings, LLC - Corolla C: 252-457-1950. 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 502 Magnolia Way 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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