Listing Details For 507 Magnolia Way in Corolla

Closing Price:
$349,000
507 Magnolia Way, Corolla, NC 27927
4 bd
3 ba
2400 sq ft
MLS #: 86321
Status: Closed

Sold Details

Status: Closed
Sold Price: $340,000.00
Closing Date: 6/25/2015
Contract Date: 5/26/2015
Seller Concessions: No
Total Days on Market:
Cumulative Days on Market: 164

Listing Information

Area: Corolla Westside
Mls Status: Closed
Days On Market: 164
Cumulative Days On Market: 164
Listing Price: $349,000
Original Listing Price: $374,900
Possession: Close Of Escrow
Short Sale: No
Price Date: 6/30/2015
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 2400
Asking Price Per SqFt: $145.00
Heated Living Area Sq Ft: 2400
BedroomsTotal: 4
Bathrooms Full: 3
Bathrooms Partial: 1
Year Built: 2000
Garage: 1 Car,Attached
Architectural Style: Reverse Floor Plan
Sub Type: Single Family Residence
Appliances: Countertop Range, 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: Fiberglass, 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: 0712
Deed Book Page Number: 0333
County Pin Number: 127D00000360000
Price Change: 6/29/2015
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: Level
Waterfront: None
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2014
Annual Property Taxes: $1,972.00
Flood Zone: VE
Water Source: Municipal
Contract Status Change Date: 6/30/2015
Estimated Annual Fee Amt: $5,381.00
Sewer: Shared Septic
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: Ceiling Fan(s),Covered Decks,Garage Door Opener,Hot Tub,Jet Tub,Landscaped,Lawn Sprinklers,Outside Lighting,Outside Shower,Patio,Smoke Detector(s),Sun Deck
Primary Residence: No

Rental Income

Annual Rental Income: 27450
Rental Performance: 0.0807

Listing Agent Remarks

Golf course living at it's finest from this grand Magnolia Bay home. This 4 bedroom, 3.5 bathroom Currituck Club home offers everything your family is looking for in either a 2nd home or vacation rental. The reverse floor plan home has the open floor plan everyone is looking for at the beach. The top floor offers a large great room, dining area and kitchen big enough to prepare the evening meals. Additionally, you will find a large master bedroom and bathroom with jet tub, separate shower and his / her sinks. The ground level offers 3 additional bedrooms (1 master), along with access to the garage. Step out back and relax and unwind in your own private pool or hot tub. Don't sit on the fence anymore, it's time to buy that beach house!

Directions

Main entrance to The Currituck Club. Left on Hunt Club Drive. Right on Magnolia Way. Home 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 507 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 507 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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