Listing Details For 503 Magnolia Way in Corolla

Closing Price:
$749,000
503 Magnolia Way, Corolla, NC 27927
4 bd
3 ba
2274 sq ft
MLS #: 121255
Status: Closed

Sold Details

Status: Closed
Sold Price: $745,000.00
Closing Date: 5/30/2023
Contract Date: 4/6/2023
Seller Concessions: No
Total Days on Market:
Cumulative Days on Market: 72
Due Diligence Date: 4/20/2023

Listing Information

Area: Corolla Westside
Mls Status: Closed
Days On Market: 70
Cumulative Days On Market: 72
Listing Price: $749,000
Original Listing Price: $749,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 6/8/2023
Furnishing Available: Yes
Ownership: Owned 12 Months or less
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 2274
Asking Price Per SqFt: $329.00
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: Paved
Foundation: Piling
Pool: Yes
Pool Type: Private and Association
Pool Features: Association, Fiberglass, Heated, In Ground, Private
Counter Tops: Granite,Other
Cooling: Heat Pump
Interior Features: Cathedral Ceiling(s), Pantry, Walk-In Closet(s)
Heating: Heat Pump
Room Type: Foyer, Pantry
Flooring: Carpet, Ceramic Tile, Laminate
Construction Materials: Frame

Legal Description

County: Currituck
Subdivision: TCC-Magnolia Bay
Subdivision Name: The Currituck Club
Deed Book: 1699
Deed Book Page Number: 157
County Pin Number: 127D00000340000
Price Change: 6/7/2023
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, Level
Waterfront: Semi-Soundfront
View: Sound
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2022
Annual Property Taxes: $2,528.00
Flood Zone: AE
Water Source: Municipal
Contract Status Change Date: 6/8/2023
Estimated Annual Fee Amt: $5,920.00
Sewer: Shared Septic
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,Fenced Yard,Garage Door Opener,Hot Tub,Landscaped,Lawn Sprinklers,Outside Lighting,Outside Shower,Smoke Detector(s),Sun Deck,Whirlpool/Spa,Tiki Bar
Fuel Tanks: Leased
HOA Contact Name: TCC-Magnolia Bay
Primary Residence: No
HOA Contact Info: Craig Atwater6102832518

Rental Income

There is no rental income information available

Listing Agent Remarks

This home is guaranteed to meet every expectation. Great room is bright, airy and open with lots of sunshine flowing through out. The fireplace installed inside the wall is surrounded by sparkling white tile that catches your eye immediately. The wood beam mantle above is a perfect blend with the custom entertainment center beside it. The great room is designed to have the dining room flow smoothly into this spacious top floor living. The kitchen with it's granite countertops provides more than ample space for the chefs of the family to prepare delicious meals. The kitchen was designed with lots of cabinets for all your small wares, utensils, equipment etc. A pantry is included for any overflow. Appliances are whirlpool- stainless steel with flat top range and built in microwave overhead and an inset farmers sink with disposal. Sliders in front of the great room and behind the dining room open up to expansive decks that allow additional seating for relaxation or dining. Walking down the hall a beautiful muriel is painted on the wall depicting the true ambience this home proudly showcases. Two french doors allow entry into the master suite. The master bath has double vanities, walk in closet, water closet, tiled shower and whirlpool tub that offers views of the sound. A powder bath is located on this level as well. The first floor has 3 additional bedrooms of which one is a master suite, and the other two share a hall bath. Laundry closet is on this level. The garage walls have been sheetrocked with a knock down finish and the floor has an epoxy coat finish over the concrete with a ceiling fan overhead. There is a ping pong table, foosball table with bikes and games galore! A security system for the house ensures peace of mind when you are away. Outside is a heated pool, hot tub and tiki bar. This home definitely has all the amenities a family can enjoy while being at the beach. The Currituck Club has lots to offer including pools, tennis courts, health club, club house, restaurants, trolley cars to beach, private beach parking, and last but not least - GOLF!

Directions

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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 Island Crest OBX Realty . 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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