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Closing Price:
$499,000
$499,000
501 Magnolia Way,
Corolla, NC 27927
4 bd
3 ba
2506 sq ft
MLS #: 111493
Status: Closed
Sold Details
Status: Closed
Sold Price: $499,000.00
Closing Date: 12/7/2020
Contract Date: 10/16/2020
Seller Concessions: Yes
Concession Comments: Closing cost credit - 5,363.74
Total Days on Market:
Due Diligence Date: 11/30/2020
Listing Information
Area: Corolla Westside
Mls Status: Closed
Listing Price: $499,000
Original Listing Price: $499,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 10/16/2020
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell
Building Details
Primary Heated Living Area Sq Ft: 2506
Asking Price Per SqFt: $199.00
Heated Living Area Sq Ft: 2506
BedroomsTotal: 4
Bathrooms Full: 3
Bathrooms Partial: 1
Year Built: 1998
Garage: 1 Car,Attached
Architectural Style: Reverse Floor Plan
Sub Type: Single Family Residence
Appliances: Dryer, Dishwasher, Microwave, Refrigerator w/Ice Maker, Range/Oven, Washer
Roof: Asphalt
Parking: Off Street, Paved
Foundation: Piling, Slab
Pool: Yes
Pool Type: Private and Association
Pool Features: Association, Fiberglass, In Ground, Outdoor Pool, Private
Counter Tops: Granite
Cooling: Central Air, Heat Pump
Interior Features: Cathedral Ceiling(s), Pantry, Walk-In Closet(s)
Heating: Central, Heat Pump
Room Type: Foyer
Flooring: Carpet, Ceramic Tile, Vinyl
Construction Materials: Frame, Wood Siding
Legal Description
County: Currituck
Subdivision: TCC-Magnolia Bay
Deed Book: 1332
Deed Book Page Number: 135
County Pin Number: 127D00000330000
Price Change: 12/6/2020
Road Surface: Paved, Private
Association Amenities: Clubhouse, Gated, Golf Course, Fitness Center, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground
Lot Details
Lot Features: Level
Waterfront: Semi-Soundfront
View: Sound
Property Type: Residential
Property Expenses & Utilities
Tax Year: 2020
Annual Property Taxes: $2,134.00
Water Source: Municipal
Contract Status Change Date: 12/7/2020
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
Bank/Institution Owned: No
Exterior: Cement Fiber Board
Extras: Ceiling Fan(s),Covered Decks,Garage Door Opener,Hot Tub,Jet Tub,Landscaped,Lawn Sprinklers,Outside Lighting,Patio,Smoke Detector(s),Sun Deck
HOA Contact Name: Heidi Corsello
Primary Residence: No
HOA Contact Info: TCCPOA/ MBPOA
Rental Income
There is no rental income information availableListing Agent Remarks
This is the Magnolia Bay home you have been waiting for! Offering 4 bedrooms, with 3.5 bathrooms and just over 2,500 square feet. Add to that a strong rental history, excellent sound views, private pool and hot tub helps this home stand out above the rest.
Directions
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Program of the Outer Banks Association of REALTORS. This property located at 501 Magnolia Way in Corolla is provided
courtesy of Keller Williams - Outer Banks C: 252-207-6588. Information is believed to be accurate but is not
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means the property at 501 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
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