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Closing Price:
$449,000
526 Meadow Lane, Corolla, NC 27927
4 bd
3 ba
2968 sq ft
MLS #: 82481
Status: Closed

Sold Details

Status: Closed
Sold Price: $381,000.00
Closing Date: 12/31/2014
Contract Date: 11/25/2014
Seller Concessions: No
Total Days on Market:
Cumulative Days on Market: 307

Listing Information

Area: Corolla Westside
Mls Status: Closed
Days On Market: 306
Cumulative Days On Market: 307
Listing Price: $449,000
Original Listing Price: $529,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 12/31/2014
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 2968
Asking Price Per SqFt: $151.00
Heated Living Area Sq Ft: 2968
BedroomsTotal: 4
Bathrooms Full: 3
Bathrooms Partial: 1
Year Built: 1998
Garage: 1 Car,Attached
Sub Type: Single Family Residence
Appliances: Dryer, Dishwasher, Microwave, Refrigerator, Range/Oven, Washer
Roof: Asphalt
Pool: Yes
Pool Type: Private
Pool Features: Fiberglass, In Ground, Outdoor Pool
Cooling: Central Air, Heat Pump
Heating: Central, Heat Pump
Flooring: Carpet, Ceramic Tile
Construction Materials: Frame

Legal Description

County: Currituck
Subdivision: TCC-Magnolia Bay
Deed Book: 911
Deed Book Page Number: 897
County Pin Number: 127D00000450000
Price Change: 12/30/2014
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: Cul-De-Sac
Waterfront: None
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2012
Annual Property Taxes: $1,881.00
Water Source: Municipal
Contract Status Change Date: 12/31/2014
Estimated Annual Fee Amt: $5,481.00
Sewer: Public Sewer
Association Fee Includes: Maintenance Grounds, Management
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),Hot Tub,Lawn Sprinklers,Outside Shower,Sun Deck
Primary Residence: No

Rental Income

Annual Rental Income: 28071
Rental Performance: 0.0737

Listing Agent Remarks

Well maintained and consistent rental income are the two reasons to buy this Magnolia Bay home situated on the closest lot to beach access. Flowing first level floor plan with open kitchen for entertaining. New stainless steel appliances installed in 2012. Patio doors leading to deck and back yard complete with fenced in Salt Water Pool and hot tub. First level Master Bedroom is spacious & sunny and offers a whirlpool tub and separate shower. Second level features another Queen bedroom with whirlpool bath and romantic fireplace. Two additional bedrooms and full bath complete the second level. Exterior was painted Spring of 2014. Enjoy all that the Currituck Club has to offer....Award winning Rees Jones Golf Course, tennis, health club and beach access. You will experience that "Life's A Beach!".

Directions

main gate; L on Hunt Club; Meadow Lane last R before back gate and south pool, 1st house on R.

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 526 Meadow Lane in Corolla is provided courtesy of Kitty Hawk Land Company C: 252-207-4894. 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 526 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 252-441-3416 OR 800-647-1868.
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