Seller's Agent in 2020
Colleen Shriver
Century 21 Nachman Realty
(252) 305-4585
2 in this area
27 Total Sales
508 Magnolia Way Corolla, NC 27927
Corolla NeighborhoodEstimated Value: $644,000 - $700,000
3
Beds
2.5
Baths
1,806
Sq Ft
$373/Sq Ft
Est. Value
Highlights
- 9 Feet of Waterfront
- Views of a Sound
- Golf Course Community
- Community Beach Access
- Health Club
- Spa
About This Home
As of March 2020Come see Magnolia Sunset a home that meets your desires. Whether you want a comfortable primary residence with an awesome sound-front view or you are looking for a second home location to escape into a relaxing and calm environment or possibly you want a performing investment home that will provide income annually from short term or long term renting – Look no further. This property gives you the coveted Outer Banks sunset. It is located in a gated golf course community where the grounds are meticulous; the walking paths go for miles and provides ocean access to enjoy an unbelievable sunrise! The front porch is shaded by live oaks and framed with hibiscus. You won’t miss the perfect spot for a hammock with a view. The colorful foyer is open and inviting whether you enter from the front door or your attached garage. The first floor, of this reverse floor plan, includes two furnished bedrooms with an adjoining bath. There is also access to the rear yard with a hot tub, picnic area and the view. As you approach the upper floor you can’t miss that expansive water view nor can you miss the colorful décor and furnishings. How could it be more perfect? The living area includes built-in cabinetry, a gas fireplace, the dining area, a fully equipped kitchen, laundry room and a half bath. Your master suite looks out to the water and your private bath provides spa like relaxation with a jetted tub, separate shower and double vanity. Step outside from every level of this home and enjoy your surroundings from sunrise to sunset. The Currituck Club community offers 2 swimming pools, clubhouse, tennis, volleyball, basketball courts, playground, and fitness center. In “season” they also offer a trolley to the beach and beach valet service. Magnolia Bay is walking distance to the South pool and this section of the community is provided with yard maintenance to give you more time for fun. It’s time to add time on your calendar to see Magnolia Sunset as soon as possible.
Last Agent to Sell the Property
Century 21 Nachman Realty License #154086 Listed on: 09/24/2019
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,127
Year Built
- Built in 1996
Lot Details
- 5,400 Sq Ft Lot
- Lot Dimensions are 60 x 90
- 9 Feet of Waterfront
- Home fronts a sound
- Property fronts a private road
- Landscaped
- Sprinkler System
- Property is zoned Resdntl
HOA Fees
- $469 Monthly HOA Fees
Home Design
- Coastal Architecture
- Frame Construction
- Asphalt Shingled Roof
- Lap Siding
- Piling Construction
Interior Spaces
- 1,806 Sq Ft Home
- Furnished
- Cathedral Ceiling
- Ceiling Fan
- Gas Fireplace
- Window Treatments
- Entrance Foyer
- Utility Room
- Views of a Sound
- Fire and Smoke Detector
Kitchen
- Oven or Range
- Microwave
- Dishwasher
- Laminate Countertops
Flooring
- Carpet
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- Main Floor Bedroom
- En-Suite Primary Bedroom
- Hydromassage or Jetted Bathtub
Laundry
- Dryer
- Washer
Parking
- Garage
- Carport
- Garage Door Opener
- Off-Street Parking
Pool
- Spa
- Outdoor Pool
Outdoor Features
- Sun Deck
- Covered Deck
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 28
Community Details
Overview
- Association fees include management, pool, road maintenance, security, tennis courts, walkways
- Heidi Corsello Association, Phone Number (252) 453-4011
- Tcc Magnolia Bay Subdivision
Recreation
- Community Beach Access
- Golf Course Community
- Health Club
- Tennis Courts
- Community Playground
- Community Pool
- Park
Additional Features
- Common Area
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 24, 2019
Closed on
Mar 5, 2020
Sold by
Advantage Equities 10207 Llc
Bought by
Marx Robert Charles and Marx Elizabeth Laurene
Seller's Agent
Colleen Shriver
Century 21 Nachman Realty
Buyer's Agent
Heather McLay
Landmark Sotheby's International Realty
List Price
$359,000
Sold Price
$347,900
Premium/Discount to List
-$11,100
-3.09%
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
$324,859
Avg. Annual Appreciation
12.55%
Original Mortgage
$313,110
Outstanding Balance
$277,827
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$394,932
Purchase Details
Listed on
Oct 29, 2013
Closed on
Jan 6, 2017
Sold by
Quarry Heather J
Bought by
Advantage Equities 10207 Llc
Seller's Agent
Four Seasons Realty
Four Seasons Realty
Buyer's Agent
Colleen Shriver
Century 21 Nachman Realty
List Price
$499,000
Sold Price
$345,000
Premium/Discount to List
-$154,000
-30.86%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.27%
Purchase Details
Closed on
May 2, 2005
Sold by
Leichner Family Trust and Lesqure B Jay Bagalis
Bought by
Currituck Trust
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 |
|---|---|---|---|
| Marx Robert Charles | $348,000 | None Available | |
| Advantage Equities 10207 Llc | $345,000 | None Available | |
| Currituck Trust | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Marx Robert Charles | $313,110 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/05/2020 03/05/20 | Sold | $347,900 | -0.6% | $193 / Sq Ft | |
| 01/20/2020 01/20/20 | Pending | -- | -- | -- | |
| 01/10/2020 01/10/20 | Price Changed | $349,900 | -2.5% | $194 / Sq Ft | |
| 09/24/2019 09/24/19 | For Sale | $359,000 | +4.1% | $199 / Sq Ft | |
| 01/06/2017 01/06/17 | Sold | $345,000 | -30.9% | $195 / Sq Ft | View Prior Sale |
| 11/21/2016 11/21/16 | Pending | -- | -- | -- | |
| 10/29/2013 10/29/13 | For Sale | $499,000 | -- | $282 / 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 | $3,404 | $419,000 | $156,200 | $262,800 |
| 2023 | $3,404 | $419,000 | $156,200 | $262,800 |
| 2022 | $2,576 | $419,000 | $156,200 | $262,800 |
| 2021 | $2,397 | $340,500 | $142,000 | $198,500 |
| 2020 | $2,127 | $340,500 | $142,000 | $198,500 |
| 2019 | $2,127 | $340,500 | $142,000 | $198,500 |
| 2018 | $2,127 | $340,500 | $142,000 | $198,500 |
| 2017 | $1,932 | $340,500 | $142,000 | $198,500 |
| 2016 | $1,937 | $340,500 | $142,000 | $198,500 |
| 2015 | $1,937 | $340,500 | $142,000 | $198,500 |
Source: Public Records
Agents Affiliated with this Home
-
Colleen Shriver
-
Heather McLay
Buyer's Agent in 2020
Heather McLay
Landmark Sotheby's International Realty
(252) 202-3409
75 in this area
175 Total Sales
-
Ashley Ladd
Buyer Co-Listing Agent in 2020
Ashley Ladd
Twiddy and Co. - Duck
(919) 592-7346
31 in this area
61 Total Sales
-
Four Seasons Realty
Seller's Agent in 2017
Four Seasons Realty
Four Seasons Realty
(252) 261-6664
137 in this area
349 Total Sales
-
Robert Konstanzer
Seller Co-Listing Agent in 2017
Robert Konstanzer
Four Seasons Realty
(252) 207-8611
31 in this area
99 Total Sales
Map
Source: Outer Banks Association of REALTORS®
MLS Number: 106644
APN: 127D-000-0028-0000
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Information is deemed reliable but not guaranteed.
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