Closing Price:
$579,000
504 Magnolia Way, Corolla, NC 27927
4 bd
3 ba
2533 sq ft
MLS #: 87391
Status: Closed

Sold Details

Status: Closed
Sold Price: $508,000.00
Closing Date: 1/28/2016
Contract Date: 11/19/2015
Seller Concessions: No
Total Days on Market:
Cumulative Days on Market: 305

Listing Information

Area: Corolla Westside
Mls Status: Closed
Days On Market: 305
Cumulative Days On Market: 305
Listing Price: $579,000
Original Listing Price: $599,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 1/28/2016
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 2533
Asking Price Per SqFt: $229.00
Heated Living Area Sq Ft: 2533
BedroomsTotal: 4
Bathrooms Full: 3
Year Built: 1996
Garage: Attached
Architectural Style: Cottage, Coastal
Sub Type: Single Family Residence
Appliances: Dryer, Dishwasher, Microwave, Refrigerator w/Ice Maker, Range/Oven, Washer
Roof: Asphalt
Foundation: Piling
Pool: Yes
Pool Type: Private and Association
Pool Features: Concrete, Association, Gunite, Private
Cooling: Central Air, Heat Pump
Interior Features: Cathedral Ceiling(s), Walk-In Closet(s)
Heating: Central, Electric, Forced Air, Heat Pump
Flooring: Carpet, Ceramic Tile, Hardwood
Construction Materials: Frame

Legal Description

County: Currituck
Subdivision: TCC-Magnolia Bay
Deed Book: 1162
Deed Book Page Number: 910
County Pin Number: 127D00000300000
Price Change: 1/27/2016
Road Surface: Paved, Private
Association Amenities: Clubhouse, Gated, Golf Course, Fitness Center, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground, Park

Lot Details

Lot Features: Waterfront
Waterfront: Soundfront
View: Sound
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2014
Annual Property Taxes: $2,243.00
Water Source: Municipal
Contract Status Change Date: 1/28/2016
Estimated Annual Fee Amt: $5,596.00
Sewer: Private Sewer
Association Fee Includes: Maintenance Grounds, Management, 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: Ceiling Fan(s),Hot Tub,Landscaped,Lawn Sprinklers,Outside Shower
Primary Residence: No

Rental Income

Annual Rental Income: 31313
Rental Performance: 0.0616

Listing Agent Remarks

Panoramic Sound Views. This beautiful Soundfront home sits on one of the best Lots in Corolla. Quite Cul-de-sac in a gated community provides the ultimate in a beach home get away! Pool, Hot Tub, open floor plan and a master bedroom on the ground level. Rentals already booked for the 2015 season. Workshop created in the garage and a storage area created above the garage. Great opportunity come quick!

Directions

(none)

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 504 Magnolia Way 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 504 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.
For Immediate Service
252-441-3416 (Local OBX)
800-647-1868 (Toll Free)