Seller's Agent in 2023
Sandra LaRue
Corolla Beach Realty
(252) 435-5379
48 in this area
79 Total Sales
508 Meadow Ln Corolla, NC 27927
Corolla NeighborhoodEstimated Value: $563,000 - $723,000
3
Beds
2.5
Baths
2,016
Sq Ft
$320/Sq Ft
Est. Value
Highlights
- Community Beach Access
- Golf Course Community
- Gated Community
- Health Club
- In Ground Pool
- Clubhouse
About This Home
As of January 2023Beautiful Well Maintained Magnolia Bay 3 bedroom, 2.5 bath Home. Just a short walk to the beautiful Corolla Beaches and only a few steps to the Community Pool and Tennis Courts. This home features Open Traditional Floor Plan with kitchen, dining room, living room, gas fireplace, laundry and 1/2 bath on the first floor! Enjoy the outdoor living in the spacious front & side porch sitting areas or relax on the screen porch overlooking your private back yard. Lots of light in this home with cathedral ceilings and perfectly placed windows. There are 3 bedrooms on the top level. Top level offers a Large beautiful Ensuite Bedroom & Bath with Jetted Tub & Large Walk-in Closet plus 2 additional Bedrooms that share a large hall bath and a Loft Area that can be used as an office or sitting area. Some of the many improvements include: 2022 - Fortified Roof will be installed by 11/14, new Carpet will be installed on stairs leading to the top level on 11/18, 2022 - new interior flooring, new commode in powder room, Exterior Painted, new Dishwasher. Upstairs HVAC (2017 Exterior Unit/2022 Interior Unit). 2019 - Washer Dryer. 2016 -Hot Water Heater. 2015 - Refrigerator and Propane Stove. 2015/2016 Interior Painted. All the big items have been updated! This home is situated in a quiet setting, as it is surrounded by open space which provides a lot of privacy. The best is that this home is located in Magnolia Bay at the south end of The Currituck Club and is Just a short walk to the beach or only a 4 minute golf cart ride to the beach access. Landscaping and yard maintenance are included in the Association Dues. So Just sit back, relax and enjoy your family, the beach and/or golf. If you would like to take the trolley to the beach during the in-season, the trolley stop is just steps from your home. The Currituck Club is one of the few gated communities in Corolla and offers exclusivity and an extra element of security. Additionally, The Currituck Club is a prestigious neighborhood in Corolla and it is 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, 5 community pools, 5 Tennis Courts, Pickle Ball Courts, Basket ball Courts, Volley Ball, Shuffleboard, Playground, Gated Community, lighted Pedestrian Walkways & Bike paths, plus In-Season Shuttle to the beautiful Corolla Beach. Estimated Rental Projection for Advertised Gross Rental Income of $55,503 with 10.11% GRI. If you are looking for a beautiful well maintained home located in a quiet gorgeous area with short walk or bike ride to the beach, then this is the home for you. Call now to schedule a showing.
Last Agent to Sell the Property
Corolla Beach Realty License #244093 Listed on: 11/09/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,330
Year Built
- Built in 1999
Lot Details
- 5,850 Sq Ft Lot
- Lot Dimensions are 65x90
- Property fronts a private road
- Cul-De-Sac
- Landscaped
- Level Lot
- Sprinkler System
- Wooded Lot
- Property is zoned SFO
HOA Fees
- $496 Monthly HOA Fees
Home Design
- Coastal Architecture
- Traditional Architecture
- Frame Construction
- Asphalt Shingled Roof
- Cement Board or Planked
Interior Spaces
- 2,016 Sq Ft Home
- Furnished
- Cathedral Ceiling
- Ceiling Fan
- Gas Fireplace
- Window Treatments
- Entrance Foyer
- Loft
- Screened Porch
- Fire and Smoke Detector
Kitchen
- Oven or Range
- Microwave
- Dishwasher
- Laminate Countertops
Flooring
- Carpet
- Ceramic Tile
- Luxury Vinyl Plank Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- En-Suite Primary Bedroom
- Walk-In Closet
- Hydromassage or Jetted Bathtub
Laundry
- Dryer
- Washer
Parking
- Garage
- Carport
- Off-Street Parking
Pool
- In Ground Pool
- Outdoor Shower
Outdoor Features
- Covered Deck
- Patio
- Gazebo
Utilities
- Central Heating and Cooling System
- Heat Pump System
- Municipal Utilities District Water
- Community Sewer or Septic
Listing and Financial Details
- Tax Lot lot 60
Community Details
Overview
- Association fees include grounds maintenance, 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
Additional Features
- Clubhouse
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 9, 2022
Closed on
Dec 22, 2022
Sold by
Tencza Jessica L
Bought by
Nam Ashley and Nam Steven
Seller's Agent
Sandra LaRue
Corolla Beach Realty
Buyer's Agent
Mark Pearson
Real Broker, LLC
List Price
$549,000
Sold Price
$549,000
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
$95,808
Avg. Annual Appreciation
6.09%
Original Mortgage
$411,750
Outstanding Balance
$398,533
Interest Rate
6.58%
Mortgage Type
Construction
Estimated Equity
$246,275
Purchase Details
Listed on
May 15, 2014
Closed on
Apr 17, 2015
Sold by
Tran Dung H and Tran Jenifer S
Bought by
Tenzca Jessica L
Seller's Agent
Pete Salitore
Default, Office
Buyer's Agent
Janice Scarborough
Howard Hanna Outer Banks Realt
List Price
$319,900
Sold Price
$287,000
Premium/Discount to List
-$32,900
-10.28%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.76%
Original Mortgage
$210,000
Interest Rate
3.87%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 2, 2012
Sold by
Debow John J and Debow Patricia A
Bought by
Tran Jenifer S and Tran Dung H
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 |
|---|---|---|---|
| Nam Ashley | $3,294,000 | -- | |
| Tenzca Jessica L | $287,000 | Attorney | |
| Tran Jenifer S | $290,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Nam Ashley | $411,750 | |
| Previous Owner | Tenzca Jessica L | $210,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/06/2023 01/06/23 | Sold | $549,000 | 0.0% | $272 / Sq Ft |
| 11/14/2022 11/14/22 | Pending | -- | -- | -- |
| 11/09/2022 11/09/22 | For Sale | $549,000 | +91.3% | $272 / Sq Ft |
| 04/20/2015 04/20/15 | Sold | $287,000 | -10.3% | $163 / Sq Ft |
| 03/25/2015 03/25/15 | Pending | -- | -- | -- |
| 05/15/2014 05/15/14 | For Sale | $319,900 | -- | $182 / 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 | $3,167 | $371,500 | $88,000 | $283,500 |
| 2023 | $3,167 | $371,500 | $88,000 | $283,500 |
| 2022 | $2,331 | $371,500 | $88,000 | $283,500 |
| 2021 | $2,316 | $308,200 | $80,000 | $228,200 |
| 2020 | $1,903 | $308,200 | $80,000 | $228,200 |
| 2019 | $1,903 | $308,200 | $80,000 | $228,200 |
| 2018 | $1,903 | $308,200 | $80,000 | $228,200 |
| 2017 | $1,729 | $308,200 | $80,000 | $228,200 |
| 2016 | $1,729 | $308,200 | $80,000 | $228,200 |
| 2015 | $1,775 | $308,200 | $80,000 | $228,200 |
Source: Public Records
Agents Affiliated with this Home
-
Sandra LaRue
-
Daniel LaRue
Seller Co-Listing Agent in 2023
Daniel LaRue
Corolla Beach Realty
(551) 404-7777
30 in this area
48 Total Sales
-
Mark Pearson
M
Buyer's Agent in 2023
Mark Pearson
Real Broker, LLC
(252) 573-9198
21 in this area
38 Total Sales
-
P
Seller's Agent in 2015
Pete Salitore
Default, Office
-
Janice Scarborough
Buyer's Agent in 2015
Janice Scarborough
Howard Hanna Outer Banks Realt
(252) 722-2410
4 in this area
77 Total Sales
Map
Source: Outer Banks Association of REALTORS®
MLS Number: 120779
APN: 127D-000-0060-0000
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Information is deemed reliable but not guaranteed.
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