$305,000
SOLD NOV 2, 2012
3 Beds
2.5 Baths
1,740 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$175 Per Sq Ft

10% Below List Price

108 Days on Market

Highlights

  • Community Beach Access
  • Golf Course Community
  • Gated Community
  • Health Club
  • Spa
  • Clubhouse

About This Home

As of April 2017

A CHARMER in Magnolia Bay and an EXCELLENT value! Just a short 10 steps to the Magnolia Bay pool and tennis courts! (See path just across street from backyard by utility) Less than a 10 minute walk to the ocean! This beautiful home has never been rented out and is in top condition. Enjoy the gazebo shaded by the Live Oak trees on your front porch. Privacy on both sides of the house with common areas adjacent and it's on a Cul de Sac. It's carefree at it's best with the Magnolia Bay association taking care of your lawn and yard maintenance. Although it has never been rented out, rental projections top $20,000.

Last Agent to Sell the Property

Matt Myatt

Keller Williams - Outer Banks License #218707 Listed on: 06/10/2012

Keller Williams - Outer Banks

Last Buyer's Agent

Cory Taylor

Southern Shores Realty License #225898

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,366

Year Built

  • Built in 1998

Lot Details

  • Property fronts a private road
  • Cul-De-Sac
  • Landscaped
  • Corner Lot
  • Level Lot
  • Sprinkler System

HOA Fees

  • $383 Monthly HOA Fees

Home Design

  • Reverse Style Home
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 1,740 Sq Ft Home
  • Central Vacuum
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Entrance Foyer
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Carport
  • Garage Door Opener
  • Off-Street Parking

Pool

  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck

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 #56

Community Details

Overview

  • Association fees include grounds maintenance, management, pool, road maintenance, security, tennis courts
  • Tcc Magnolia Bay Subdivision

Recreation

  • Community Boardwalk
  • Community Beach Access
  • Golf Course Community
  • Health Club
  • Tennis Courts
  • Community Playground
  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,366

Year Built

Built in 1998

Lot Details

0

HOA Fees

$383 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: Rte 12 to main entrance of TCC. Lt on Hunt Club. Rt on Meadow. Bear right at fork to Oak View.
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Central Vacuum, Garage Door Opener, Hot Tub, Jet Tub, Landscaped, Lawn Sprinklers, Outside Shower, Smoke Detector(s), Sun Deck
  • Flood Zone: AE
  • Headline: Best Value in Magnolia Bay!
  • Heated Sq Ft: 1740
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Zoning: Res
  • Deed Book Pg Number: 33
  • Major Subdivision: The Currituck Club
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 3
  • Floor Coverings: Carpet, Ceramic Tile
  • Foundation: Piling, Slab
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Pantry, Walk in Closet, Washer Connection
  • Optional Rooms: Foyer
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Cement Fiber Board
  • Roof: Asphalt/Fiber Shingle

Garage/Parking

  • Garage: 1 Car, Attached
  • Parking: Paved, Off Street

Utilities

  • Cooling: Central, Heat Pump, Zoned
  • Heating: Central, Heat Pump, Zoned
  • Sewer/Septic System: Community Septic
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Grounds Maintenance, Management, Pool, Road Maintenance, Security, Tennis Courts
  • Association Amenities: Clubhouse, Gated Community, Golf Course, Health Club, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground
  • Association Fee: Yes
  • Estimated Annual Fee: 4590

Lot Info

  • Lot Description: Corner, Cul-de-sac, Level
  • Lot Number: Lot #56
  • Deed Book: 635

Rental Info

  • Other Expenses: 175000

Building Info

  • Year Built: 1998

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2011
  • Taxes: 1366

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 15, 2020
Sold by
Ward Lynette M
Bought by
Kraus Laura Ann and Kraus Robert T
Current Estimated Value
$591,134

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Outstanding Balance
$280,444
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$310,690

Purchase Details

Listed on
Apr 20, 2015
Closed on
Mar 26, 2017
Sold by
Forsyth Andrew D and Rathbone Elizabdi A
Bought by
Ward Lynette M
Seller's Agent
Daniel LaRue
Corolla Beach Realty
Buyer's Agent
Daniel LaRue
Corolla Beach Realty
List Price
$329,000
Sold Price
$280,000
Premium/Discount to List
-$49,000
-14.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.19%
Original Mortgage
$224,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 10, 2012
Closed on
Nov 2, 2012
Sold by
Gorkowski John P and Gorkowski Rosanne T
Bought by
Forsyth Andrew D and Rachbone Elizabeth A
Seller's Agent
Matt Myatt
Keller Williams - Outer Banks
Buyer's Agent
Cory Taylor
Southern Shores Realty
List Price
$339,900
Sold Price
$305,000
Premium/Discount to List
-$34,900
-10.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.92%
Original Mortgage
$244,000
Interest Rate
3.53%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $350,000 None Available
Warranty Deed $1,400,000 Attorney
Warranty Deed $305,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $315,000 New Conventional
Previous Owner $224,000 New Conventional
Previous Owner $244,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2017 04/04/17 Sold $280,000 -14.9% $161 / Sq Ft
02/22/2017 02/22/17 Pending -- -- --
04/20/2015 04/20/15 For Sale $329,000 +7.9% $189 / Sq Ft
11/02/2012 11/02/12 Sold $305,000 -10.3% $175 / Sq Ft
09/26/2012 09/26/12 Pending -- -- --
06/10/2012 06/10/12 For Sale $339,900 -- $195 / Sq Ft
Source: Outer Banks Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $2,847 $326,300 $88,000 $238,300
2023 $2,847 $326,300 $88,000 $238,300
2022 $2,170 $326,300 $88,000 $238,300
2021 $2,155 $269,400 $80,000 $189,400
2020 $1,751 $269,400 $80,000 $189,400
2019 $1,751 $269,400 $80,000 $189,400
2018 $1,748 $269,400 $80,000 $189,400
2017 $1,593 $269,400 $80,000 $189,400
2016 $1,589 $269,400 $80,000 $189,400
2015 $1,543 $269,400 $80,000 $189,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 75177

Outer Banks Association of REALTORS®

APN: 127D-000-0056-0000