Closing Price:
$334,900
542 Magnolia Way, Corolla, NC 27927
3 bd
2 ba
1763 sq ft
MLS #: 110191
Status: Closed

Sold Details

Status: Closed
Sold Price: $317,000.00
Closing Date: 10/20/2020
Contract Date: 8/7/2020
Seller Concessions: Yes
Concession Comments: $3,000 towards closing
Total Days on Market:
Cumulative Days on Market: 18
Due Diligence Date: 9/30/2020

Listing Information

Area: Corolla Westside
Mls Status: Closed
Days On Market: 18
Cumulative Days On Market: 18
Listing Price: $334,900
Original Listing Price: $334,900
Possession: Close Of Escrow
Short Sale: No
Price Date: 10/21/2020
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 1763
Asking Price Per SqFt: $190.00
Heated Living Area Sq Ft: 1763
BedroomsTotal: 3
Bathrooms Full: 2
Bathrooms Partial: 1
Year Built: 1997
Garage: 1 Car,Attached
Architectural Style: Reverse Floor Plan, Coastal
Sub Type: Single Family Residence
Appliances: Disposal, Dryer, Dishwasher, Microwave, Refrigerator, Range/Oven, Washer
Roof: Asphalt
Parking: Off Street
Foundation: Piling, Slab
Pool: Yes
Pool Type: Association
Pool Features: Association
Cooling: Central Air, Heat Pump
Interior Features: Cathedral Ceiling(s), Walk-In Closet(s)
Heating: Central, Heat Pump
Room Type: Foyer
Flooring: Carpet, Tile
Construction Materials: Frame, Wood Siding

Legal Description

County: Currituck
Subdivision: TCC-Magnolia Bay
Deed Book: 1428
Deed Book Page Number: 26
County Pin Number: 127D00000110000
Price Change: 10/20/2020
Road Surface: Paved, Private
Association Amenities: Clubhouse, Gated, Golf Course, Fitness Center, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Park

Lot Details

Land Tax Value: 80000
Total Assessed Value: 276100
Lot Features: Adj. To Common Area, Corner Lot
Waterfront: None
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2019
Annual Property Taxes: $1,733.00
Flood Zone: X
Water Source: Municipal
Contract Status Change Date: 10/21/2020
Estimated Annual Fee Amt: $5,660.00
Sewer: Shared Septic
Association Fee Includes: Electricity, Common Insurance, Maintenance Grounds, Management, Pool, Road Maintenance, Security, Tennis Courts, Walkways
Association Fee Yes or No: Yes

Financials

Bill Of Sale Amoung: 1
Electroni Locks: Leased
Bank/Institution Owned: No
Exterior: Cement Fiber Board
HashTag of Units: 0
Extras: Beach Access,Ceiling Fan(s),Hot Tub,Jet Tub,Landscaped,Lawn Sprinklers,Outside Shower,Patio,Smoke Detector(s),Dry Entry
Fuel Tanks: Leased
HOA Contact Name: Heidi Corsello
Primary Residence: No
HOA Contact Info: 252-453-4011

Rental Income

There is no rental income information available

Listing Agent Remarks

Affordable resort living in the quiet Magnolia Bay neighborhood of The Currituck Club. This home is a short walk (or complimentary trolley ride!) to beach access. This home offers plenty of privacy with 2 bedrooms on the first level, and open kitchen, living, and dining areas on the top-floor. The expansive master suite has access to the second-level deck and hot tub. Magnolia Bay is located near the south gate of The Currituck Club offering convenient access to dining and shopping options in Corolla and Duck. Come take a tour of this perfect beach retreat!

Directions

(none)

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 542 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 542 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.
For Immediate Service
252-441-3416 (Local OBX)
800-647-1868 (Toll Free)