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Closing Price:
$549,000
500 Magnolia Way, Corolla, NC 27927
4 bd
3 ba
2700 sq ft
MLS #: 82476
Status: Closed

Sold Details

Status: Closed
Sold Price: $519,000.00
Closing Date: 4/25/2014
Contract Date: 4/24/2014
Seller Concessions: No
Total Days on Market:
Cumulative Days on Market: 56

Listing Information

Area: Corolla Westside
Mls Status: Closed
Days On Market: 56
Cumulative Days On Market: 56
Listing Price: $549,000
Original Listing Price: $549,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 4/28/2014
Furnishing Available: Yes
Bill Of Sale Amount: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 2700
Asking Price Per SqFt: $203.00
Heated Living Area Sq Ft: 2700
BedroomsTotal: 4
Bathrooms Full: 3
Bathrooms Partial: 1
Year Built: 1997
Garage: 1 Car,Attached
Architectural Style: Traditional
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 Features: Fiberglass, In Ground, Outdoor Pool
Counter Tops: Laminate
Cooling: Central Air, Heat Pump
Interior Features: Cathedral Ceiling(s), Pantry
Heating: Central, Heat Pump
Flooring: Carpet, Ceramic Tile, Tile
Construction Materials: Frame, Wood Siding

Legal Description

County: Currituck
Subdivision: TCC-Magnolia Bay
Deed Book: 0876
Deed Book Page Number: 0262
County Pin Number: 117D00000320000
Price Change: 4/27/2014
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
Waterfront: Soundfront
View: Sound
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2014
Annual Property Taxes: $2,280.00
Home Oner Insurance Expense: 3608
Flood Zone: AE
Flood Insurance Expense: 428
Water Source: Municipal
Yearly Water Expense: 1257
Pool Or Spa Expense: 2300
Yearly Expense: Actual
Yearly Elecric Expense: 2888
Yearly Telephone Expense: 362
Yearly Cable Tv Expense: 1305
Contract Status Change Date: 4/28/2014
Estimated Annual Fee Amt: $5,381.00
Sewer: Shared Septic
Maintenance Expense: 2454
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
Seller to Sever Oil/Gas: No
Bank/Institution Owned: No
Oil/Gas Severed Pre Owner: No Representation
Oil/Gas Severed By Seller: No
Exterior: Cement Fiber Board
Extras: Beach Access,Ceiling Fan(s),Garage Door Opener,Hot Tub,Jet Tub,Landscaped,Lawn Sprinklers,Outside Shower,Smoke Detector(s),Sun Deck
Primary Residence: No

Rental Income

Annual Rental Income: 46450
Rental Performance: 0.0895

Listing Agent Remarks

Soundfront living at it's best in this Magnolia Bay home! Start your morning off right with a cup of fresh coffee while enjoying the breathtaking views of the Currituck Sound for almost all areas of this home. Venture outside to enjoy endless views while floating in your own private soundfront pool or relaxing in the warmth of your hot tub! This home offers a traditional floor plan with four (4) bedrooms and 3.5 bathrooms and just over 2,700 square feet of living space. The amazing views start as soon as you open your front door and enter to the large open floor plan, included a oversized great room and the perfect kitchen for entertaining. The first floor also features two (2) bedrooms with one (1) master bedroom designed with relaxation in mind including a large tub and private shower all with direct access to the back deck. Upstairs offers two (2) additional bedrooms and one (1) bathrooms with most rooms offer additional views! Come checkout this soundfront oasis, you won't be disappointed!

Directions

Main entrance to TCC. Left on Hunt Club Drive, Left on Magnolia Way follow to end.

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 500 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 500 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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