Closing Price:
$690,000
$690,000
506 Meadow Lane,
Corolla, NC 27927
4 bd
3 ba
3160 sq ft
MLS #: 120697
Status: Closed
Sold Details
Status: Closed
Sold Price: $665,000.00
Closing Date: 2/28/2023
Contract Date: 1/1/2023
Seller Concessions: No
Total Days on Market:
Cumulative Days on Market: 64
Due Diligence Date: 1/20/2023
Listing Information
Area: Corolla Westside
Mls Status: Closed
Days On Market: 64
Cumulative Days On Market: 64
Listing Price: $690,000
Original Listing Price: $700,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 2/28/2023
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell
Building Details
Primary Heated Living Area Sq Ft: 3160
Asking Price Per SqFt: $218.00
Heated Living Area Sq Ft: 3160
BedroomsTotal: 4
Bathrooms Full: 3
Bathrooms Partial: 1
Year Built: 1998
Garage: 2 Car,Attached
Architectural Style: Reverse Floor Plan, Coastal
Sub Type: Single Family Residence
Appliances: Dryer, Dishwasher, Microwave, Refrigerator, Range/Oven, Washer
Roof: Asphalt
Parking: Off Street, Paved
Foundation: Short Pilings
Pool: Yes
Pool Type: Association
Pool Features: Association
Counter Tops: Solid Surface
Cooling: Central Air, Heat Pump
Interior Features: Cathedral Ceiling(s), Walk-In Closet(s)
Heating: Central, Heat Pump
Room Type: Foyer, Game Room, Library, Pantry
Flooring: Carpet, Ceramic Tile, Hardwood
Construction Materials: Frame
Legal Description
County: Currituck
Subdivision: TCC-Magnolia Bay
Subdivision Name: Magnolia Bay/127D
Deed Book: 1473
Deed Book Page Number: 886
County Pin Number: 127D00000610000
Price Change: 2/27/2023
Road Surface: Paved, Private
Association Amenities: Clubhouse, Common Area, Gated, Golf Course, Fitness Center, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground
Lot Details
Lot Size Acres: 0.13
Lot Size Dimensions: 65x90
Lot Size Square Feet: 5840
Lot Features: Level, Wooded
Waterfront: None
Property Type: Residential
Property Expenses & Utilities
Tax Year: 2022
Annual Property Taxes: $2,747.00
Flood Zone: AE
Water Source: Municipal
Contract Status Change Date: 2/28/2023
Estimated Annual Fee Amt: $5,950.00
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
Bank/Institution Owned: No
Listing Restrictions: See Broker Notes
Exterior: Cement Fiber Board
Extras: Garage Door Opener,Hot Tub,Intercom,Jet Tub,Landscaped,Outside Lighting,Outside Shower,Patio,Screened Porch,Sauna,Smoke Detector(s),Sun Deck,Inside Laundry Room
Fuel Tanks: Leased
HOA Contact Name: Craig Atwater (610) 283-2518
Primary Residence: Yes
Street Frontage : 60
HOA Contact Info: atwater@temple.edu
Rental Income
Annual Rental Income: 73753
Rental Performance: 0.1109
Listing Agent Remarks
Beautiful and Updated Home! 506 Meadow Lane not only offers incredible privacy but is one of the largest homes in Magnolia Bay. This 4 bedroom 3.5 Bath home boasts 2 Bedrooms each with an Ensuite and an Open spacious bright top level with Living Room, Dining Room, Kitchen, Half Bath and Laundry room. You will be delighted with the oversized Sitting area/Game Room with wet bar on the 1 st level and separate Office/Study area off of the Main Bedroom. The Office/Study area is currently being used as a fitness area. Additional features of this home are the 2 Car Garage, Storage Galore and abundance of outdoor living areas that include spacious Screen Porch on top deck off of the kitchen, a second screen porch over looking the private back yard, Shaded Deck at entrance of the home, and Sun Deck accessed through the Living Room. The following rooms were just freshly PAINTED December 12, 2022: 3 Bedrooms, 2 Bathrooms on the first level and Kitchen, Dining Room and Living Room on the top level. Some of the improvements in the last 2 years are Luxury Vinyl Plank Flooring on the top level, Screened in Porch on top level off of kitchen, New Furniture, new Stainless Steel Kitchen Refrigerator and Oven/Range, new Front Door, new Dry Sauna and new Salt Water Hot Tub. This home is situated in a quiet sitting, as the backyard backs up to a huge common area which provides a lot of privacy. Landscaping and Yard Maintenance and Community Pool are included in the HOA Association Dues. You can enjoy the uncrowded Community Pool that is just steps from the house and without all the maintenance. So just sit back and enjoy your family, friends, the beach and/or golf. The best is that this home is located in Magnolia Bay at the south end of The Currituck Club and is less than a 15 minute walk to the beach (or 4 minute golf cart ride to the beach) and just steps to the uncrowded community Pool and community tennis courts. Plus a short walk to the Trolley stop that will take you and your family to the beach during the in season at no charge. The Currituck Club is one of the few gated communities in Corolla, and offers exclusivity and an extra element of safety and security. Additionally, the Currituck Club is a prestigious neighborhood in Corolla and is the home to the Premier Reese Jones 18 hole Championship Golf Course with gorgeous landscaping and lots of amenities such as: Fitness Center, Pro Shop, full service Grill, several community Pools, 6 Tennis Courts, Pickle Ball Courts, Basketball courts, VolleyBall, Shuffleboard, Playground, Gated Community, Lighted Pedestrian walkways & Bike Paths, plus In Season Shuttle to the Beach. If you are looking for a Beautiful Updated home that is located in a private setting in a gorgeous community with in season trolley to the beach or short walk or bike ride to the beach, and just steps to the Magnolia Bay uncrowded community Pool, then come by and check out this beautiful home .
Directions
Rt 12 North. Left at the Main Entrance to The Currituck Club. After the guard shack drive straight . At the Stop sign take a Left on Hunt Club Drive. Drive almost 2 miles, take Right on Meadow Lane, go left at the slight fork and house is on the Right.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 506 Meadow Lane in Corolla is provided
courtesy of Corolla Beach Realty . Information is believed to be accurate but is not
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properties consumers may be interested in purchasing. If this page disappears from this site it
means the property at 506 Meadow Lane 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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