Seller's Agent in 2023
Connie Gray
Island Crest OBX Realty
(252) 202-8979
14 in this area
32 Total Sales
503 Magnolia Way Corolla, NC 27927
Corolla NeighborhoodEstimated Value: $706,000 - $799,000
4
Beds
3.5
Baths
2,274
Sq Ft
$327/Sq Ft
Est. Value
Highlights
- Community Beach Access
- Health Club
- Home fronts a sound
- Views of a Sound
- Golf Course Community
- Heated In Ground Pool
About This Home
As of May 2023This 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!
Last Agent to Sell the Property
Island Crest OBX Realty License #170963 Listed on: 01/24/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,528
Year Built
- Built in 1997
Lot Details
- Home fronts a sound
- Property fronts a private road
- Cul-De-Sac
- Fenced Yard
- Landscaped
- Level Lot
- Sprinkler System
- Property is zoned SFO
HOA Fees
- $493 Monthly HOA Fees
Home Design
- Reverse Style Home
- Frame Construction
- Asphalt Shingled Roof
- Piling Construction
- Cement Board or Planked
Interior Spaces
- 2,274 Sq Ft Home
- Furnished
- Cathedral Ceiling
- Ceiling Fan
- Gas Fireplace
- Window Treatments
- Entrance Foyer
- Living Room
- Dining Room
- Views of a Sound
- Fire and Smoke Detector
Kitchen
- Oven or Range
- Microwave
- Ice Maker
- Dishwasher
- Granite Countertops
Flooring
- Carpet
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Main Floor Bedroom
- En-Suite Primary Bedroom
- Walk-In Closet
- Whirlpool Bathtub
Laundry
- Dryer
- Washer
Parking
- Garage
- Garage Door Opener
Pool
- Heated In Ground Pool
- Fiberglass Pool
- Outdoor Pool
- Outdoor Shower
- Spa
Outdoor Features
- Sun Deck
- Covered Deck
- Exterior Lighting
- Tiki or Chickee Hut
Utilities
- Heat Pump System
- Municipal Utilities District Water
- Fuel Tank
- Community Sewer or Septic
Listing and Financial Details
- Tax Lot 34
Community Details
Overview
- Tcc Magnolia Bay Association, Phone Number (610) 283-2518
- Tcc Magnolia Bay Subdivision
Recreation
- Community Beach Access
- Golf Course Community
- Health Club
- Tennis Courts
- Community Playground
- Community Pool
Additional Features
- Clubhouse
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 24, 2023
Closed on
May 30, 2023
Sold by
Fazzone Anthony A and Fazzone Eileen F
Bought by
Harrison Jody C and Harrison Sarah A
Seller's Agent
Connie Gray
Island Crest OBX Realty
Buyer's Agent
Jonathan Waddill
Surf or Sound Realty - Rodanthe
List Price
$749,000
Sold Price
$745,000
Premium/Discount to List
-$4,000
-0.53%
Views
196
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,780
Avg. Annual Appreciation
-0.11%
Original Mortgage
$500,100
Outstanding Balance
$489,110
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$254,110
Purchase Details
Listed on
May 19, 2022
Closed on
Jun 8, 2022
Sold by
Brenton Michael J and Brenton Marjorie A
Bought by
Fazzone Anthony A and Fazzone Eileen F
Seller's Agent
Sandra LaRue
Corolla Beach Realty
Buyer's Agent
Connie Gray
Island Crest OBX Realty
List Price
$720,000
Sold Price
$720,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.66%
Purchase Details
Listed on
Mar 26, 2015
Closed on
Jul 27, 2015
Sold by
Mcandrew Brian and Laronda Melanie
Bought by
Brenton Michael J and Brenton Majorie A
Seller's Agent
Matt Myatt
Keller Williams - Outer Banks
Buyer's Agent
Sandra LaRue
Corolla Beach Realty
List Price
$373,900
Sold Price
$345,000
Premium/Discount to List
-$28,900
-7.73%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.27%
Purchase Details
Closed on
Sep 25, 2010
Sold by
Lee Ronald C and Lee Faye A
Bought by
Mcandrew Brian
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$379,000
Interest Rate
4.38%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Harrison Jody C | $4,470,000 | None Listed On Document | |
| Fazzone Anthony A | $3,600,000 | Innes & Innes Pllc | |
| Brenton Michael J | $345,000 | Attorney | |
| Mcandrew Brian | $474,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Harrison Jody C | $500,100 | |
| Previous Owner | Mcandrew Brian | $379,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/30/2023 05/30/23 | Sold | $745,000 | -0.5% | $328 / Sq Ft |
| 04/06/2023 04/06/23 | Pending | -- | -- | -- |
| 01/24/2023 01/24/23 | For Sale | $749,000 | +4.0% | $329 / Sq Ft |
| 06/16/2022 06/16/22 | Sold | $720,000 | 0.0% | $317 / Sq Ft |
| 05/20/2022 05/20/22 | Pending | -- | -- | -- |
| 05/19/2022 05/19/22 | For Sale | $720,000 | +108.7% | $317 / Sq Ft |
| 07/27/2015 07/27/15 | Sold | $345,000 | -7.7% | $152 / Sq Ft |
| 05/11/2015 05/11/15 | Pending | -- | -- | -- |
| 03/26/2015 03/26/15 | For Sale | $373,900 | -- | $164 / Sq Ft |
Source: Outer Banks Association of REALTORS®
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $3,473 | $413,200 | $88,000 | $325,200 |
| 2023 | $3,473 | $413,200 | $88,000 | $325,200 |
| 2022 | $2,543 | $413,200 | $88,000 | $325,200 |
| 2021 | $2,528 | $339,200 | $80,000 | $259,200 |
| 2020 | $2,136 | $339,200 | $80,000 | $259,200 |
| 2019 | $2,136 | $339,200 | $80,000 | $259,200 |
| 2018 | $0 | $339,200 | $80,000 | $259,200 |
| 2017 | $1,940 | $339,200 | $80,000 | $259,200 |
| 2016 | $1,940 | $339,200 | $80,000 | $259,200 |
| 2015 | -- | $339,200 | $80,000 | $259,200 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2023
Jonathan Waddill
Surf or Sound Realty - Rodanthe
(252) 564-4319
3 in this area
87 Total Sales
-
Seller's Agent in 2022
Sandra LaRue
Corolla Beach Realty
(252) 435-5379
52 in this area
83 Total Sales
-
Seller Co-Listing Agent in 2022
Daniel LaRue
Corolla Beach Realty
(551) 404-7777
32 in this area
51 Total Sales
-
Seller's Agent in 2015
Matt Myatt
Keller Williams - Outer Banks
(252) 207-6588
215 in this area
439 Total Sales
Map
Source: Outer Banks Association of REALTORS®
MLS Number: 121255
APN: 127D-000-0034-0000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Nearby Homes
- 502 Magnolia Way Unit Lot31
- 503 Brown Pelican Ct Unit Lot 1
- 544 Magnolia Ct
- 518 Hunt Club Dr Unit Lot 24
- 542 Historic Loop Unit Lot 412
- 473 Island Lead Rd Unit Lot 161
- 475 Land Fall Ct Unit Lot 16
- 473 Pipsis Point Rd Unit 17
- 553 Trumpeter Swan Ct Unit Lot 65
- 457 N Cove Rd Unit Lot 44
- 559 Hunt Club Dr Unit Lot 56
- 425 Myrtle Pond Rd Unit Lot 80
- 574 Live Oak Ct Unit Lot 81
- 574 Live Oak Ct
- 538 Conch Crescent Unit Lot 107
- 566 Ocean Trail Unit Lot 191
- 567 Ocean Trail Unit 140
- 584 Hunt Club Dr Unit 142
- 385 Deep Neck Rd Unit Lot 131
- 369 Deep Neck Rd Unit Lot 139
- 503 Magnolia Way Unit 34
- 501 Magnolia Way
- 505 Magnolia Way
- 504 Meadow Ln Unit 62
- 507 Magnolia Way
- 507 Magnolia Way Unit Lot 36
- 500 Magnolia Way
- 508 Oak View Ct Unit 54
- 508 Oak View Ct
- 504 Magnolia Way Unit 30
- 504 Magnolia Way Unit 144
- 502 Magnolia Way
- 506 Magnolia Way
- 510 Oak View Ct
- 508 Magnolia Way
- 502 Meadow Ln
- 506 Meadow Ln
- 506 Meadow Ln Unit Lot 61
- 508 Meadow Ln
- 508 Meadow Ln Unit lot 60