Closing Price:
$419,000
$419,000
526 Magnolia Way,
Corolla, NC 27927
4 bd
3 ba
2274 sq ft
MLS #: 96716
Status: Closed
Sold Details
Status: Closed
Sold Price: $419,000.00
Closing Date: 8/25/2017
Contract Date: 7/10/2017
Seller Concessions: No
Total Days on Market:
Cumulative Days on Market: 33
Listing Information
Area: Corolla Westside
Mls Status: Closed
Days On Market: 33
Cumulative Days On Market: 33
Listing Price: $419,000
Original Listing Price: $435,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 7/7/2017
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: 2274
Asking Price Per SqFt: $184.00
Heated Living Area Sq Ft: 2274
BedroomsTotal: 4
Bathrooms Full: 3
Bathrooms Partial: 1
Year Built: 1996
Architectural Style: Coastal, Cottage
Sub Type: Single Family Residence
Appliances: 2nd Refrigerator, Disposal, Dryer, Dishwasher, Microwave, Refrigerator w/Ice Maker, Range/Oven, Washer
Roof: Asphalt
Foundation: Piling, Slab
Pool: Yes
Pool Type: Private and Association
Pool Features: Association, Fiberglass, Private
Cooling: Central Air, Heat Pump
Interior Features: Cathedral Ceiling(s), Pantry, Walk-In Closet(s)
Heating: Central, Heat Pump
Room Type: Foyer, Game Room, Pantry
Flooring: Carpet, Tile, Vinyl
Construction Materials: Frame, Wood Siding
Legal Description
County: Currituck
Subdivision: TCC-Magnolia Bay
Subdivision Name: Currituck Club - Magnolia Bay
Deed Book: 787
Deed Book Page Number: 145
County Pin Number: 127D00000190000
Price Change: 8/28/2017
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 Faces: W
Waterfront: Soundfront
View: Sound, Salt Marsh
Property Type: Residential
Property Expenses & Utilities
Tax Year: 2016
Annual Property Taxes: $2,113.00
Flood Zone: AE
Flood Insurance Expense: 1038
Water Source: Municipal
Contract Status Change Date: 8/29/2017
Estimated Annual Fee Amt: $5,590.00
Sewer: Public Sewer
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
Exterior: Cement Fiber Board
Extras: Beach Access,Ceiling Fan(s),Covered Decks,Hot Tub,Jet Tub,Landscaped,Sun Deck
Primary Residence: No
Rental Income
Annual Rental Income: 42160
Rental Performance: 0.1006
Listing Agent Remarks
This attractive Magnolia Bay home offers beautiful, wide open Sound and sunset views, a private pool, hot tub, 4 bedrooms with 2 King Masters, comfortable rec room for the kids, all in the high quality community of The Currituck Club, very close to the beach, and affordably priced. The 2 levels of large covered and uncovered decking, front and rear, provide ample sun or shaded seating, and great sound and marsh views from the rear, for amazing sunsets. Water views from the pool deck! Check out the photos! Beach it in the morning, enjoy the pool in the afternoon, then soak up a sunset at dusk on the large decks. This is a clean and crisp home, well maintained, with a fresh 2014 exterior paint job, recently stained decking, and 2012 & 2014 heat pumps. Offered fully furnished, with modern electronics (new Visio flat screens!), this home is ready to spend the night, enjoy for personal use, and/or would be a great rental given the views, pool, hot tub, rec room, and proximity to the beach ($42,000 gross rents rental projection included). The well run community provides multiple community pools, tennis, health club, playgrounds, the security of gated entrances, convenience of close shopping and dining, Reese Jones 18 hole Championship Golf Course, and with all the landscaping maintenance of this property provided, enjoy the ease of ownership. Owner closet storage and mini garage for all your beach stuff. Secure this affordable waterview property, with pool and rec room, walking distance to the beach, all for just $419,000, right away! (additional photos coming soon, included improved rear view due to clearing work).
Directions
South on Magnolia Way, down on your 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 526 Magnolia Way in Corolla is provided
courtesy of Resort Realty - KH . 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 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)