510 Magnolia Way Corolla, NC 27927
Corolla NeighborhoodEstimated Value: $828,000 - $906,538
5
Beds
3.5
Baths
2,896
Sq Ft
$299/Sq Ft
Est. Value
Highlights
- Community Beach Access
- Home fronts a sound
- A-Frame Home
- Views of a Sound
- Outdoor Pool
- Cathedral Ceiling
About This Home
As of June 2021The Best Design for the Best Location. Stunningly Beautiful Soundfront Water Views on both Levels: 1st Floor Living Areas; 2nd Floor Master Bedroom. Choice Site for relaxing Sunsets. High vaulted ceiling Living Room, adjacent to Kitchen Counter Seating for fun Entertaining. Also on 1st Level for easy Lifestyle: Master Bedroom plus additional optional Bedroom / Office. Indoor Access to Garage. This Magnolia Bay Soundfront Home is in the South Section of The Currituck Club Golf Course Community, also known as the Magnolia Bay Community. *** Directions Suggestions: The Main Entrance to the Currituck Club Golf Community is across from Ocean Sands' Section E, at a Traffic Light, alongside the Harris Teeter Grocery Store. The Currituck Club Golf Community is a Gated Community and the Main entrance has Security Personnel to assist you during the Day for your convenience to access Magnolia Bay. ( The South Entrance Gate is Electronically Code Controlled Only to Enter, but will open for you to Exit ).
Last Agent to Sell the Property
Sun Realty - Corolla License #119788 Listed on: 03/23/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,484
Year Built
- Built in 1997
Lot Details
- Home fronts a sound
- Property fronts a private road
- Level Lot
HOA Fees
- $472 Monthly HOA Fees
Home Design
- A-Frame Home
- Coastal Architecture
- Frame Construction
- Asphalt Shingled Roof
- Piling Construction
- Cement Board or Planked
Interior Spaces
- 2,896 Sq Ft Home
- Furnished
- Cathedral Ceiling
- Views of a Sound
Kitchen
- Oven or Range
- Dishwasher
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 5 Bedrooms
Laundry
- Dryer
- Washer
Parking
- Garage
- Carport
- Off-Street Parking
Pool
- Outdoor Pool
Utilities
- Forced Air Zoned Heating and Cooling System
- Heat Pump System
- Municipal Utilities District Water
- Community Sewer or Septic
Listing and Financial Details
- Tax Lot 27
Community Details
Overview
- Association fees include grounds maintenance, road maintenance
- Heidi@Currituckclubresort.Com Association, Phone Number (252) 453-4011
- Tcc Magnolia Bay Subdivision
Recreation
- Community Beach Access
- Tennis Courts
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 10, 2024
Sold by
Jones Richard Bedford
Bought by
Connolly Philip P and Haas Laura A
Total Days on Market
0
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$679,200
Outstanding Balance
$672,672
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$193,713
Purchase Details
Listed on
Mar 23, 2021
Closed on
Jun 21, 2021
Sold by
Hill Keith C and Fairbanks Barbara L
Bought by
Jones Richard Bedford
Seller's Agent
Paul Sabadash
Sun Realty - Corolla
Buyer's Agent
Gray Berryman
Carolina Designs Realty
List Price
$575,000
Sold Price
$575,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.91%
Original Mortgage
$460,000
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 13, 2017
Sold by
Robinson Amy E
Bought by
Hill Keith C
Similar Homes in Corolla, NC
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 |
|---|---|---|---|
| Connolly Philip P | $849,000 | None Listed On Document | |
| Jones Richard Bedford | $575,000 | None Available | |
| Hill Keith C | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Connolly Philip P | $679,200 | |
| Previous Owner | Jones Richard Bedford | $156,000 | |
| Previous Owner | Jones Richard Bedford | $20,000 | |
| Previous Owner | Jones Richard Bedford | $460,000 | |
| Previous Owner | Hill Keith C | $626,500 | |
| Previous Owner | Hill Keith C | $261,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/21/2021 06/21/21 | Sold | $575,000 | 0.0% | $199 / Sq Ft |
| 03/23/2021 03/23/21 | Pending | -- | -- | -- |
| 03/23/2021 03/23/21 | For Sale | $575,000 | -- | $199 / 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 | $3,994 | $503,900 | $156,200 | $347,700 |
| 2023 | $3,694 | $503,900 | $156,200 | $347,700 |
| 2022 | $3,095 | $503,900 | $156,200 | $347,700 |
| 2021 | $3,005 | $415,100 | $142,000 | $273,100 |
| 2020 | $2,485 | $415,100 | $142,000 | $273,100 |
| 2019 | $2,484 | $415,100 | $142,000 | $273,100 |
| 2018 | $2,484 | $415,100 | $142,000 | $273,100 |
| 2017 | $2,315 | $415,100 | $142,000 | $273,100 |
| 2016 | $2,308 | $415,100 | $142,000 | $273,100 |
| 2015 | $2,295 | $415,100 | $142,000 | $273,100 |
Source: Public Records
Agents Affiliated with this Home
-
Paul Sabadash
Seller's Agent in 2021
Paul Sabadash
Sun Realty - Corolla
(252) 722-3120
37 in this area
41 Total Sales
-
Gray Berryman
Buyer's Agent in 2021
Gray Berryman
Carolina Designs Realty
(252) 573-9503
47 in this area
211 Total Sales
Map
Source: Outer Banks Association of REALTORS®
MLS Number: 113465
APN: 127D-000-0027-0000
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