Listing Details For 536 Magnolia Way in Corolla

Closing Price:
$389,000
536 Magnolia Way, Corolla, NC 27927
3 bd
2 ba
1740 sq ft
MLS #: 111382
Status: Closed

Sold Details

Status: Closed
Sold Price: $380,000.00
Closing Date: 3/8/2021
Contract Date: 1/5/2021
Seller Concessions: Yes
Concession Comments: seller paid closing cost cred $7500
Total Days on Market:
Cumulative Days on Market: 88
Due Diligence Date: 2/18/2021

Listing Information

Area: Corolla Westside
Mls Status: Closed
Days On Market: 88
Cumulative Days On Market: 88
Listing Price: $389,000
Original Listing Price: $429,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 3/9/2021
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 1740
Asking Price Per SqFt: $224.00
Heated Living Area Sq Ft: 1740
BedroomsTotal: 3
Bathrooms Full: 2
Bathrooms Partial: 1
Year Built: 1996
Garage: 1 Car,Attached
Architectural Style: Contemporary
Sub Type: Single Family Residence
Appliances: Dryer, Dishwasher, Ice Maker, Microwave, Refrigerator, Range/Oven
Roof: Asphalt
Foundation: Slab, Short Pilings
Pool: Yes
Pool Type: Private and Association
Pool Features: Association, Private
Builder Name: Mancuso
Counter Tops: Laminate
Cooling: Heat Pump
Interior Features: Cathedral Ceiling(s)
Heating: Heat Pump
Flooring: Carpet, Tile
Construction Materials: Frame

Legal Description

County: Currituck
Subdivision: TCC-Magnolia Bay
Deed Book: 398
Deed Book Page Number: 001
County Pin Number: 127D00000140000
Price Change: 3/8/2021
Road Surface: Paved, Private
Association Amenities: Gated, Golf Course, Fitness Center, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Sound Access

Lot Details

Lot Features: Level
Waterfront: None
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2020
Annual Property Taxes: $1,785.00
Flood Zone: AE
Water Source: Municipal
Contract Status Change Date: 3/9/2021
Estimated Annual Fee Amt: $5,660.00
Sewer: Shared Septic
Association Fee Includes: 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,Lap Siding
Extras: Ceiling Fan(s),Hot Tub,Jet Tub,Landscaped,Inside Laundry Room
Fuel Tanks: None
HOA Contact Name: Heidi Corsello
Primary Residence: No
HOA Contact Info: 252-453-4011

Rental Income

Annual Rental Income: 34517
Rental Performance: 0.0908

Listing Agent Remarks

Low maintenance, one-owner home located in the quiet coastal neighborhood of Magnolia Bay in the prestigious community of the Currituck Club. Nestled among beautiful Live Oaks and just a short walk to the beach, this charming 3 bedroom, 2.5 bath home is all you need to secure your home away from home. With a private pool and hot tub and a deck view of the Currituck Sound, this low maintenance coastal home is the perfect opportunity for a second home or investment. In the last few years, both Heat pumps have been replaced, new stainless appliances have been added and the hot tub has been replaced. New blinds installed this past spring, new hot water heater and new garage door. All this home needs is you. The Currituck Club is a guard gated community featuring a fitness center, biking and walking paths, tennis courts, community pools, play ground, basketball court, trolley to the beach, optional Rees Jones designed 18-hole golf course and so much more.

Directions

Turn west onto Magnolia Way off of Hunt Club Dr. House is located on the 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 536 Magnolia Way in Corolla is provided courtesy of Beach Realty & Construction - KH North jacksondixon1@gmail.com. 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 536 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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