Seller's Agent in 2023
Sandra LaRue
Corolla Beach Realty
(252) 435-5379
52 in this area
83 Total Sales
506 Meadow Ln Corolla, NC 27927
Corolla NeighborhoodEstimated Value: $697,000 - $1,568,000
4
Beds
3.5
Baths
3,160
Sq Ft
$310/Sq Ft
Est. Value
Highlights
- Community Beach Access
- Golf Course Community
- Sauna
- Health Club
- Spa
- Gated Community
About This Home
As of February 2023Beautiful and Updated Home! 506 Meadow Lane not only offers incredible privacy but is one of the largest homes in Magnolia Bay. This 4 bedroom 3.5 Bath home boasts 2 Bedrooms each with an Ensuite and an Open spacious bright top level with Living Room, Dining Room, Kitchen, Half Bath and Laundry room. You will be delighted with the oversized Sitting area/Game Room with wet bar on the 1 st level and separate Office/Study area off of the Main Bedroom. The Office/Study area is currently being used as a fitness area. Additional features of this home are the 2 Car Garage, Storage Galore and abundance of outdoor living areas that include spacious Screen Porch on top deck off of the kitchen, a second screen porch over looking the private back yard, Shaded Deck at entrance of the home, and Sun Deck accessed through the Living Room. The following rooms were just freshly PAINTED December 12, 2022: 3 Bedrooms, 2 Bathrooms on the first level and Kitchen, Dining Room and Living Room on the top level. Some of the improvements in the last 2 years are Luxury Vinyl Plank Flooring on the top level, Screened in Porch on top level off of kitchen, New Furniture, new Stainless Steel Kitchen Refrigerator and Oven/Range, new Front Door, new Dry Sauna and new Salt Water Hot Tub. This home is situated in a quiet sitting, as the backyard backs up to a huge common area which provides a lot of privacy. Landscaping and Yard Maintenance and Community Pool are included in the HOA Association Dues. You can enjoy the uncrowded Community Pool that is just steps from the house and without all the maintenance. So just sit back and enjoy your family, friends, the beach and/or golf. The best is that this home is located in Magnolia Bay at the south end of The Currituck Club and is less than a 15 minute walk to the beach (or 4 minute golf cart ride to the beach) and just steps to the uncrowded community Pool and community tennis courts. Plus a short walk to the Trolley stop that will take you and your family to the beach during the in season at no charge. The Currituck Club is one of the few gated communities in Corolla, and offers exclusivity and an extra element of safety and security. Additionally, the Currituck Club is a prestigious neighborhood in Corolla and is the home to the Premier Reese Jones 18 hole Championship Golf Course with gorgeous landscaping and lots of amenities such as: Fitness Center, Pro Shop, full service Grill, several community Pools, 6 Tennis Courts, Pickle Ball Courts, Basketball courts, VolleyBall, Shuffleboard, Playground, Gated Community, Lighted Pedestrian walkways & Bike Paths, plus In Season Shuttle to the Beach. If you are looking for a Beautiful Updated home that is located in a private setting in a gorgeous community with in season trolley to the beach or short walk or bike ride to the beach, and just steps to the Magnolia Bay uncrowded community Pool, then come by and check out this beautiful home .
Last Agent to Sell the Property
Corolla Beach Realty License #244093 Listed on: 10/29/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,747
Year Built
- Built in 1998
Lot Details
- 5,840 Sq Ft Lot
- Lot Dimensions are 65x90
- Property fronts a private road
- Landscaped
- Level Lot
- Wooded Lot
- Property is zoned SFO
HOA Fees
- $496 Monthly HOA Fees
Home Design
- Coastal Architecture
- Reverse Style Home
- Frame Construction
- Asphalt Shingled Roof
- Cement Board or Planked
Interior Spaces
- 3,160 Sq Ft Home
- Furnished
- Cathedral Ceiling
- Gas Fireplace
- Window Treatments
- Entrance Foyer
- Library
- Game Room
- Screened Porch
- Sauna
Kitchen
- Oven or Range
- Microwave
- Dishwasher
- Solid Surface Countertops
Flooring
- Wood
- Carpet
- Ceramic Tile
- Luxury Vinyl Plank Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- En-Suite Primary Bedroom
- Walk-In Closet
- Hydromassage or Jetted Bathtub
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Intercom
- Fire and Smoke Detector
Parking
- Garage
- Carport
- Garage Door Opener
- Off-Street Parking
Pool
- Spa
- Outdoor Pool
- Outdoor Shower
Outdoor Features
- Sun Deck
- Patio
- Exterior Lighting
Utilities
- Central Heating and Cooling System
- Heat Pump System
- Municipal Utilities District Water
- Fuel Tank
- Community Sewer or Septic
Listing and Financial Details
- Tax Lot 61
Community Details
Overview
- Association fees include common electric, common insurance, grounds maintenance, management, pool, road maintenance, security, tennis courts, walkways
- Craig Atwater (610) 283 2518 Association
- Tcc Magnolia Bay Subdivision
Amenities
- Common Area
- Clubhouse
Recreation
- Community Beach Access
- Golf Course Community
- Health Club
- Tennis Courts
- Community Playground
- Community Pool
Security
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 29, 2022
Closed on
Feb 2, 2023
Sold by
Northrup Anthony J
Bought by
Riddle Jacqueline
Seller's Agent
Sandra LaRue
Corolla Beach Realty
Buyer's Agent
Daphne Degabrielle
Outer Banks Realty Group
List Price
$700,000
Sold Price
$665,000
Premium/Discount to List
-$35,000
-5%
Views
1
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
$316,049
Avg. Annual Appreciation
17.05%
Original Mortgage
$565,000
Outstanding Balance
$550,331
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$430,718
Purchase Details
Listed on
Jan 10, 2019
Closed on
Feb 9, 2019
Sold by
Thompson Michael L and Thompson Kathleen A
Bought by
Northrup Anthony J
Seller's Agent
Sandra LaRue
Corolla Beach Realty
Buyer's Agent
Sandra LaRue
Corolla Beach Realty
List Price
$440,000
Sold Price
$435,000
Premium/Discount to List
-$5,000
-1.14%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.19%
Original Mortgage
$427,121
Interest Rate
5.25%
Mortgage Type
FHA
Purchase Details
Listed on
May 25, 2012
Closed on
Nov 28, 2012
Sold by
Baecher Richard E and Baecher Marie P
Bought by
Thompson Michael L and Thompson Kathleen A
Seller's Agent
Matt Myatt
Keller Williams - Outer Banks
Buyer's Agent
Linda Coggins
Linda Coggins Real Estate
List Price
$399,900
Sold Price
$365,000
Premium/Discount to List
-$34,900
-8.73%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.85%
Original Mortgage
$292,000
Interest Rate
2.75%
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 |
|---|---|---|---|
| Riddle Jacqueline | $3,990,000 | -- | |
| Northrup Anthony J | $435,000 | None Available | |
| Thompson Michael L | $365,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Riddle Jacqueline | $565,000 | |
| Previous Owner | Northrup Anthony J | $427,121 | |
| Previous Owner | Thompson Michael L | $292,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/28/2023 02/28/23 | Sold | $665,000 | -3.6% | $210 / Sq Ft |
| 01/01/2023 01/01/23 | Pending | -- | -- | -- |
| 12/16/2022 12/16/22 | Price Changed | $690,000 | -1.4% | $218 / Sq Ft |
| 10/29/2022 10/29/22 | For Sale | $700,000 | +60.9% | $222 / Sq Ft |
| 02/28/2019 02/28/19 | Sold | $435,000 | -1.1% | $143 / Sq Ft |
| 01/10/2019 01/10/19 | For Sale | $440,000 | +20.5% | $145 / Sq Ft |
| 01/07/2019 01/07/19 | Pending | -- | -- | -- |
| 11/30/2012 11/30/12 | Sold | $365,000 | -8.7% | $115 / Sq Ft |
| 11/28/2012 11/28/12 | Pending | -- | -- | -- |
| 05/25/2012 05/25/12 | For Sale | $399,900 | -- | $125 / 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 | $3,640 | $452,700 | $88,000 | $364,700 |
| 2023 | $3,640 | $452,700 | $88,000 | $364,700 |
| 2022 | $2,748 | $452,700 | $88,000 | $364,700 |
| 2021 | $2,733 | $384,800 | $80,000 | $304,800 |
| 2020 | $2,312 | $384,800 | $80,000 | $304,800 |
| 2019 | $2,312 | $384,800 | $80,000 | $304,800 |
| 2018 | $2,312 | $384,800 | $80,000 | $304,800 |
| 2017 | $2,100 | $384,800 | $80,000 | $304,800 |
| 2016 | $2,100 | $384,800 | $80,000 | $304,800 |
| 2015 | -- | $384,800 | $80,000 | $304,800 |
Source: Public Records
Agents Affiliated with this Home
-
-
Seller Co-Listing Agent in 2023
Daniel LaRue
Corolla Beach Realty
(551) 404-7777
32 in this area
51 Total Sales
-
Buyer's Agent in 2023
Daphne Degabrielle
Outer Banks Realty Group
(252) 475-4147
19 in this area
53 Total Sales
-
Seller's Agent in 2012
Matt Myatt
Keller Williams - Outer Banks
(252) 207-6588
215 in this area
439 Total Sales
-
L
Buyer's Agent in 2012
Linda Coggins
Linda Coggins Real Estate
Map
Source: Outer Banks Association of REALTORS®
MLS Number: 120697
APN: 127D-000-0061-0000
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.
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