NOT LISTED FOR SALE

520 Meadow Ln Corolla, NC 27927

Estimated Value: $584,000 - $714,000

3 Beds
2.5 Baths
1,845 Sq Ft
$346/Sq Ft Est. Value

Last Sold August 07, 2017

Last sale price $325,000 $176 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $4,056/month

123 Days on Market

Highlights

  • Community Beach Access
  • Spa
  • Clubhouse
  • Health Club
  • Gated Community
  • Coastal Architecture

About This Home

As of August 2017

Beautiful Pristine Well Maintained Magnolia Bay Home! This is the home that you have been waiting for. Lots of Quality Updating that sets this home above the other homes - updates to include 2007 3M window Film, 2008 Hardwood Floors, 2012 Heat Pumps, 2013 all New Kitchen Stainless Steel Appliances, 2013 Painted exterior,2014 Glass Shower Enclosure, 2015 Washer & Dryer, 2015 Hot Water Heater, 2016 two Entry Doors, 2016 Hot Tub. Traditional floor plan with kitchen, dining room and living room on first floor! Enjoy the many decks for outdoor living and relax in the new Hot Tub. Additionally there is a Loft Area on the second floor used as an office and garage that has a loft area for plenty of storage. This Home has been a primary home for 14 years. Lots of Light in this home with cathedral ceilings and perfectly placed windows. Large lovely master bedroom & Bath with Jetted Tub. Huge Walk In Closet. This home is situated in a quiet sitting, as backyard backs up to a huge common area with trees in the distance which provide a lot of privacy. Landscapping and yard maintenance are included in the Association Dues. So just sit back and enjoy your family, 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 10 minute walk to the beach ( or 3 minute golf cart ride to the beach) and only a 2 minute walk to the community pool and tennis courts. Just steps to the Trolley stop that will take you and your family to the beach during 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 Gold Course with gorgeous landscaping and lots of amenities such as: Fitness Center with Game Room, Pro Shop, full service Grill, 5 community Pools, 7 Tennis Courts, Basketball courts, Volley Ball, Shuffleboard, Playground, Gated Community, Lighted Pedestrian walkways & Bike Paths, plus In Season Shuttle to the Beach. If you would like to have your own private pool, there is room to add a pool. This is a beautiful well maintained home with many upgrades an a 10 minute walk to the beach. If you are looking for a well maintained beach home with many upgrades, and located in a quiet gorgeous area with quick walk to the beach, then this is the home for you. Come by and take a look!

Last Agent to Sell the Property

Daniel LaRue

Corolla Beach Realty License #257370 Listed on: 02/10/2017

Co-Listed By

Sandra LaRue

Corolla Beach Realty License #244093

Last Buyer's Agent

John Leatherwood

Coldwell Banker Seaside Realty KH License #86507

Coldwell Banker Seaside Realty KH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,690

Year Built

  • Built in 1999

Lot Details

  • 5,850 Sq Ft Lot
  • Lot Dimensions are 90 x 65
  • Property fronts a private road
  • Lot includes common area
  • Landscaped
  • Level Lot
  • Sprinkler System

HOA Fees

  • $466 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Traditional Architecture
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 1,845 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Gas Fireplace
  • Window Treatments
  • Entrance Foyer
  • Loft
  • Screened Porch
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Laminate Countertops

Flooring

  • Wood
  • 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

Pool

  • Spa
  • Outdoor Pool
  • Outdoor Shower

Outdoor Features

  • Covered Deck
  • Patio
  • Exterior Lighting
  • Gazebo

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District Water
  • Community Sewer or Septic

Listing and Financial Details

  • Tax Lot 48

Community Details

Overview

  • Association fees include grounds maintenance, management, pool, road maintenance, security, tennis courts, walkways
  • Craig Atwater Magnolia Bay Association, Phone Number (610) 283-2518
  • Tcc Magnolia Bay Subdivision

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Community Beach Access
  • Health Club
  • Tennis Courts
  • Community Playground
  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,690

Year Built

Built in 1999

Lot Details

0

HOA Fees

$466 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Traditional, Coastal
  • Directions: RT. 12 North to Corolla. Enter Main Gate of TCC by turning Left on Hunt Club Drive by Harris Teeter, go through the guard gate, Left on Hunt Club Drive at Stop sign. Go about 2 miles through TCC till you arrive at the last street on the Right - Meadow Lane. Turn Right on Meadow Lane. It is the pale Green Home on the right. .
  • Extras: Covered Decks, Garage Door Opener, Gazebo, Hot Tub, Jet Tub, Landscaped, Lawn Sprinklers, Outside Lighting, Outside Shower, Patio, Screened Porch, Smoke Detector(s)
  • Flood Zone: AE
  • Headline: Pristine Well Maintained
  • Heated Sq Ft: 1845
  • L V T Date: 02/10/2017
  • Primary Residence: Yes
  • Roads: Private
  • Sale/Rent: For Sale
  • Zoning: Res
  • Deed Book Pg Number: 429
  • Major Subdivision: The Currituck Club
  • Office License Number: C18834
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 3
  • Bedroom 1: Master, On Level: 2
  • Bedroom 2: Large, On Level: 2
  • Bedroom 3: Large, On Level: 2
  • Kitchen: SS Applian, On Level: 1
  • Countertops: Laminate
  • Floor Coverings: Carpet, Ceramic Tile, Hardwood
  • Foundation: Piling
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Gas Fireplace, Ensuite, Pantry, Walk in Closet
  • Dining Room: Large, On Level: 1
  • Living Room: Spacious, On Level: 1
  • Optional Rooms: Foyer, Loft, Pantry
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame
  • Covered Deck Size: Many
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool: Association
  • Pool Type: Association Pool
  • Roof: Asphalt/Fiber Shingle
  • Screen Porch Size: Peaceful

Garage/Parking

  • Garage: 1 Car, Attached
  • Parking: Paved

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Grounds Maintenance, Management, Pool, Road Maintenance, Security, Tennis Courts, Walkways
  • Association Amenities: Clubhouse, Gated Community, Health Club, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 5590
  • Hoa Contact: Craig AtWater -Magnolia Bay
  • HOA Contact: 610.283.2518
  • Home Owner Dwelling Insurance: 1086

Lot Info

  • Estimated Lot Sq Ft: 5850
  • Lot Description: Adj. To Common Area, Level
  • Lot Size: 90 X 65
  • Lot Number: Lot 48
  • Deed Book: 468

Rental Info

  • Flood Expenses: 498
  • Annual Cable TV Expense: 2074
  • Annual Electric: 1176
  • Annual Water Expense: 470

Building Info

  • Year Built: 1999

Tax Info

  • Year: 2016
  • Taxes: 1689.52

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2017
Closed on
Jul 26, 2017
Sold by
Mickle Douglas G and Mickle Alice K
Bought by
Cuddy Sheila O and Cuddy James T
Seller's Agent
Daniel LaRue
Corolla Beach Realty
Buyer's Agent
John Leatherwood
Coldwell Banker Seaside Realty KH
List Price
$345,000
Sold Price
$325,000
Premium/Discount to List
-$20,000
-5.8%
Current Estimated Value
$639,264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$314,264
Avg. Annual Appreciation
8.37%
Original Mortgage
$260,000
Outstanding Balance
$215,387
Interest Rate
3.96%
Mortgage Type
New Conventional
Estimated Equity
$423,877

Purchase Details

Closed on
Jun 30, 1999
Bought by
Mickle Douglas G and Mickle Alice K
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Cuddy Sheila O $325,000 Attorney
Mickle Douglas G $259,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cuddy Sheila O $260,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/07/2017 08/07/17 Sold $325,000 -5.8% $176 / Sq Ft
06/13/2017 06/13/17 Pending -- -- --
02/10/2017 02/10/17 For Sale $345,000 -- $187 / 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
2025 $3,003 $360,000 $88,000 $272,000
2024 $3,003 $360,000 $88,000 $272,000
2023 $2,987 $360,000 $88,000 $272,000
2022 $2,272 $360,000 $88,000 $272,000
2021 $2,257 $299,900 $80,000 $219,900
2020 $1,859 $299,900 $80,000 $219,900
2019 $1,859 $299,900 $80,000 $219,900
2018 $1,859 $299,900 $80,000 $219,900
2017 $1,690 $299,900 $80,000 $219,900
2016 $1,690 $299,900 $80,000 $219,900
2015 $1,690 $299,900 $80,000 $219,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 95151

Outer Banks Association of REALTORS®

APN: 127D-000-0048-0000