Closing Price:
$364,900
503 Magnolia Way, Corolla, NC 27927
4 bd
3 ba
2274 sq ft
MLS #: 87343
Status: Closed

Sold Details

Status: Closed
Sold Price: $345,000.00
Closing Date: 7/27/2015
Contract Date: 5/11/2015
Seller Concessions: No
Total Days on Market:
Cumulative Days on Market: 123

Listing Information

Area: Corolla Westside
Mls Status: Closed
Days On Market: 123
Cumulative Days On Market: 123
Listing Price: $364,900
Original Listing Price: $373,900
Possession: Close Of Escrow
Short Sale: No
Price Date: 7/28/2015
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 2274
Asking Price Per SqFt: $160.00
Heated Living Area Sq Ft: 2274
BedroomsTotal: 4
Bathrooms Full: 3
Bathrooms Partial: 1
Year Built: 1997
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: In Ground, Outdoor Pool
Counter Tops: Laminate
Cooling: Central Air, Heat Pump
Interior Features: Cathedral Ceiling(s), Pantry, Walk-In Closet(s)
Heating: Central, Heat Pump
Flooring: Carpet, Ceramic Tile, Tile
Construction Materials: Frame, Wood Siding

Legal Description

County: Currituck
Subdivision: TCC-Magnolia Bay
Deed Book: 1140
Deed Book Page Number: 0922
County Pin Number: 127D00000340000
Price Change: 7/27/2015
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 Features: Cul-De-Sac, Level
Waterfront: Semi-Soundfront
View: Pond
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2014
Annual Property Taxes: $1,940.00
Flood Zone: AE
Water Source: Municipal
Contract Status Change Date: 7/28/2015
Estimated Annual Fee Amt: $5,596.00
Sewer: Shared Septic
Association Fee Includes: Electricity, Common Insurance, Maintenance Grounds, Management, Pool, Road Maintenance, Security, Tennis Courts
Association Fee Yes or No: Yes

Financials

Bill Of Sale Amoung: 1
Bank/Institution Owned: No
Exterior: Cement Fiber Board
Extras: Beach Access,Ceiling Fan(s),Covered Decks,Garage Door Opener,Hot Tub,Jet Tub,Landscaped,Lawn Sprinklers,Outside Lighting,Outside Shower,Smoke Detector(s),Sun Deck
Primary Residence: No

Rental Income

Annual Rental Income: 40000
Rental Performance: 0.1159

Listing Agent Remarks

This is NOT your typical Magnolia Bay Home! Yes, it offers 4 bedrooms w/ 3.5 bathrooms like many others, but add in the private pool, sound views, custom tilework, condition & PRICE and you are now starting to understand the differences. If you have looked at Magnolia Bay homes before and didn't find one that had everything you needed then it's time to look again! Located on a quite private street with all the amenities of The Currituck Club make this house a "hole in one!"

Directions

Main entrance to TCC. Left on Hunt Club Drive. Right on Magnolia Way. House near end of cul-de-sac on left.

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 503 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 503 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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