NOT LISTED FOR SALE

500 Meadow Ln Corolla, NC 27927

Estimated Value: $705,000 - $981,000

4 Beds
3.5 Baths
3,184 Sq Ft
$268/Sq Ft Est. Value

Last Sold August 03, 2020

Last sale price $582,000 $183 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $5,281/month

38 Days on Market

Highlights

  • Community Beach Access
  • Health Club
  • Home fronts a sound
  • Views of a Sound
  • Golf Course Community
  • Outdoor Pool

About This Home

As of August 2020

This soundfront Corolla gem is a definite must see! Offering the utmost in relaxed tranquility, this 4 bed 3.5 bath has it all and then some! Two stunning master suites with huge bathrooms and jacuzzi tubs, spacious, open and airy great room with serene sound views, screened in patio perfect for sipping a cold drink while watching another sublime sunset, big garage with tons of storage space, and so much more! keep warm in the winter with 2 gas fireplaces. The home is Located snugly in the pristine golf community of The Currituck Club, you will have access to more amenities than you'll know what to do with...from world class Rees Jones golf, trolley service to and from the beach Memorial to Labor day, pools, tennis and basketball courts, health club, parks, playgrounds and the list just goes on! In addition, you can't beat the easy convenience of excellent dining, shopping and entertainment options right outside your doorstep! As a great rental investment and/or vacation home, you simply cannot go wrong with this one so come and see for yourself!

Last Agent to Sell the Property

Robert Godley

Kitty Hawk Land Company License #185619 Listed on: 05/19/2020

Last Buyer's Agent

Matt Myatt

Keller Williams - Outer Banks License #218707

Keller Williams - Outer Banks

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,318

Year Built

  • Built in 1998

Lot Details

  • Home fronts a sound
  • Property fronts a private road
  • Cul-De-Sac

HOA Fees

  • $469 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Frame Construction
  • Asphalt Shingled Roof
  • Cement Board or Planked

Interior Spaces

  • 3,184 Sq Ft Home
  • Furnished
  • Gas Fireplace
  • Screened Porch
  • Views of a Sound

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Laminate Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Carport

Pool

  • Outdoor Pool

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District Water
  • Private Sewer

Listing and Financial Details

  • Tax Lot #64

Community Details

Overview

  • Association fees include grounds maintenance, management, pool, road maintenance, security, tennis courts
  • Tcc Magnolia Bay Subdivision

Recreation

  • Community Beach Access
  • Golf Course Community
  • Health Club
  • Tennis Courts
  • Community Playground
  • Community Pool
  • Park

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,318

Year Built

Built in 1998

Lot Details

0

HOA Fees

$469 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Traditional
  • Extras: Screened Porch
  • Flood Zone: AE
  • Headline: Awesome Sound Views!
  • Heated Sq Ft: 3184
  • L V T Date: 05/19/2020
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Waterfront Location: Soundfront
  • Zoning: Res
  • Deed Book Pg Number: 226
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Major Subdivision: The Currituck Club
  • Newpoint Media: Yes
  • Office License Number: C8539
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 4
  • Countertops: Laminate
  • Floor Coverings: Carpet, Ceramic Tile, Hardwood
  • Foundation: Short Pilings
  • Full Bathrooms: 3
  • Furnishings Available: Yes
  • Interior Amenities: Gas Fireplace, Ensuite, 1st Flr Ensuite
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool: Association
  • Pool Type: Association Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Sound

Garage/Parking

  • Garage: 2 Car

Utilities

  • Cooling: Central, Heat Pump
  • Heating: Central, Electric, Forced Air, Heat Pump
  • Sewer/Septic System: Private Sewer
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Grounds Maintenance, Management, Pool, Road Maintenance, Security, Tennis Courts
  • Association Amenities: Clubhouse, Gated Community, Golf Course, Health Club, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Park, Playground
  • Association Fee: Yes
  • Estimated Annual Fee: 5625

Lot Info

  • Lot Description: Cul-de-sac, Water Frontage
  • Lot Number: Lot #64
  • Deed Book: 988

Building Info

  • Year Built: 1998

Tax Info

  • Year: 2018
  • Taxes: 2318.45

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2020
Closed on
Jul 22, 2020
Sold by
Lewis Anette M and Lewis Robert E
Bought by
Novak George and Novak Sheilar
Seller's Agent
Robert Godley
Kitty Hawk Land Company
Buyer's Agent
Matt Myatt
Keller Williams - Outer Banks
List Price
$679,900
Sold Price
$582,000
Premium/Discount to List
-$97,900
-14.4%
Current Estimated Value
$853,275

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$271,275
Avg. Annual Appreciation
7.29%
Original Mortgage
$465,600
Outstanding Balance
$411,018
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$442,257

Purchase Details

Closed on
Jan 31, 2007
Sold by
Dixon C Mathew
Bought by
Lewis Anette M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Novak George $582,000 None Available
Lewis Anette M $960,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Novak George $465,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/03/2020 08/03/20 Sold $582,000 -14.4% $183 / Sq Ft
06/26/2020 06/26/20 Pending -- -- --
05/19/2020 05/19/20 For Sale $679,900 -- $214 / Sq Ft
Source: Outer Banks Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,201 $531,100 $156,200 $374,900
2024 $4,201 $531,100 $156,200 $374,900
2023 $3,744 $531,100 $156,200 $374,900
2022 $3,145 $531,100 $156,200 $374,900
2021 $3,030 $386,500 $130,000 $256,500
2020 $2,318 $386,500 $130,000 $256,500
2019 $2,318 $386,500 $130,000 $256,500
2018 $2,318 $386,500 $130,000 $256,500
2017 $2,105 $386,500 $130,000 $256,500
2016 $2,105 $386,500 $130,000 $256,500
2015 $2,105 $386,500 $130,000 $256,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 109332

Outer Banks Association of REALTORS®

APN: 127D-000-0064-0000