Seller's Agent in 2021
Matt Myatt
Keller Williams - Outer Banks
(252) 207-6588
194 in this area
411 Total Sales
522 Magnolia Way Corolla, NC 27927
Corolla NeighborhoodEstimated Value: $612,000 - $732,548
3
Beds
2.5
Baths
1,850
Sq Ft
$371/Sq Ft
Est. Value
Highlights
- 60 Feet of Waterfront
- Views of a Sound
- Golf Course Community
- Community Beach Access
- Health Club
- Indoor Pool
About This Home
As of October 2021Spectacular views of the sun setting over the Sound await you at this 3 bedroom, 2.5 bath Magnolia Bay home. Bask in the ever-changing natural splendor of the Currituck Sound from your own backyard, all the while enjoying the many resort amenities of this desirable gated community. This well cared for vacation home features an open floor plan, Primary ensuite with sound side deck access, 2 large ground level bedrooms with a shared bath, a one car garage with remote, and a sound side lounging/ patio area with hot tub and captivating views. “Sea-ville” is designed for peaceful relaxation. But if activity is your thing, one of the many community pools is within a short walk or take the convenient trolley service to the beach access. The neighborhood offers other amenities such as fitness center, playground, tennis, and a world-class golf course to name just a few. All in all, restful views, a comfortable floor plan, resort amenities, and a location convenient to shopping, restaurants, and attractions make this Magnolia Bay home a favorite with OBX visitors. Enjoy as an investment or keep it all to yourself as a private get-away; either way, you will be glad you did!
Last Agent to Sell the Property
Keller Williams - Outer Banks License #218707 Listed on: 07/28/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,075
Year Built
- Built in 1997
Lot Details
- Lot Dimensions are 60x90
- 60 Feet of Waterfront
- Home fronts a sound
- Property fronts a private road
- Landscaped
- Level Lot
- Sprinkler System
HOA Fees
- $477 Monthly HOA Fees
Home Design
- Coastal Architecture
- Reverse Style Home
- Slab Foundation
- Frame Construction
- Asphalt Shingled Roof
- Piling Construction
- Cement Board or Planked
Interior Spaces
- 1,850 Sq Ft Home
- Furnished
- Cathedral Ceiling
- Ceiling Fan
- Gas Fireplace
- Window Treatments
- Views of a Sound
- Fire and Smoke Detector
Kitchen
- Oven or Range
- Microwave
- Ice Maker
- Dishwasher
- Wine Cooler
- Laminate Countertops
Flooring
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- En-Suite Primary Bedroom
- Hydromassage or Jetted Bathtub
Laundry
- Dryer
- Washer
Parking
- Garage
- Carport
- Garage Door Opener
- Off-Street Parking
Pool
- Indoor Pool
- Outdoor Pool
- Outdoor Shower
- Spa
Outdoor Features
- Sun Deck
- Covered Deck
- Exterior Lighting
Utilities
- Heat Pump System
- Municipal Utilities District Water
- Community Sewer or Septic
Listing and Financial Details
- Tax Lot #21
Community Details
Overview
- Association fees include common electric, common insurance, grounds maintenance, management, pool, road maintenance, security, tennis courts, walkways
- Heidi Corsello Association, Phone Number (252) 453-4011
- Tcc Magnolia Bay Subdivision
Amenities
- Common Area
- Clubhouse
Recreation
- Community Beach Access
- Golf Course Community
- Health Club
- Tennis Courts
- Community Playground
- Community Pool
Security
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 11, 2024
Sold by
Arrington Theresa S
Bought by
Condrey Barry and Condrey Debra
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
$693,000
Outstanding Balance
$634,857
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$50,780
Purchase Details
Listed on
Jul 28, 2021
Closed on
Sep 20, 2021
Sold by
Morris John W and Morris Kimberly S
Bought by
Arrington Theresa S
Seller's Agent
Matt Myatt
Keller Williams - Outer Banks
Buyer's Agent
Tammy Russell
Keller Williams - Outer Banks
List Price
$525,000
Sold Price
$561,000
Premium/Discount to List
$36,000
6.86%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.18%
Original Mortgage
$420,750
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Listed on
Mar 17, 2015
Closed on
Apr 17, 2015
Sold by
Hamilton Alden and Hamilton Janet
Bought by
Morris John W and Morris Kimberly S
Seller's Agent
Matt Myatt
Keller Williams - Outer Banks
Buyer's Agent
Matt Myatt
Keller Williams - Outer Banks
List Price
$389,900
Sold Price
$375,000
Premium/Discount to List
-$14,900
-3.82%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.39%
Original Mortgage
$300,000
Interest Rate
3.84%
Mortgage Type
New Conventional
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 |
|---|---|---|---|
| Condrey Barry | $770,000 | None Listed On Document | |
| Condrey Barry | $770,000 | None Listed On Document | |
| Arrington Theresa S | $561,000 | None Available | |
| Arrington Theresa S | $561,000 | None Listed On Document | |
| Morris John W | $375,000 | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Condrey Barry | $693,000 | |
| Closed | Condrey Barry | $693,000 | |
| Previous Owner | Arrington Theresa S | $420,750 | |
| Previous Owner | Morris John W | $300,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/15/2021 10/15/21 | Sold | $561,000 | +6.9% | $303 / Sq Ft |
| 08/30/2021 08/30/21 | Pending | -- | -- | -- |
| 08/25/2021 08/25/21 | For Sale | $525,000 | 0.0% | $284 / Sq Ft |
| 08/03/2021 08/03/21 | Pending | -- | -- | -- |
| 07/28/2021 07/28/21 | For Sale | $525,000 | +40.0% | $284 / Sq Ft |
| 04/17/2015 04/17/15 | Sold | $375,000 | -3.8% | $203 / Sq Ft |
| 03/17/2015 03/17/15 | For Sale | $389,900 | -- | $211 / Sq Ft |
| 03/14/2015 03/14/15 | Pending | -- | -- | -- |
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 | $3,328 | $394,800 | $143,000 | $251,800 |
| 2023 | $3,328 | $394,800 | $143,000 | $251,800 |
| 2022 | $2,520 | $394,800 | $143,000 | $251,800 |
| 2021 | $2,505 | $330,600 | $130,000 | $200,600 |
| 2020 | $2,075 | $330,600 | $130,000 | $200,600 |
| 2019 | $2,075 | $330,600 | $130,000 | $200,600 |
| 2018 | $2,075 | $330,600 | $130,000 | $200,600 |
| 2017 | $1,885 | $330,600 | $130,000 | $200,600 |
| 2016 | $1,885 | $330,600 | $130,000 | $200,600 |
| 2015 | $1,837 | $330,600 | $130,000 | $200,600 |
Source: Public Records
Agents Affiliated with this Home
-
Matt Myatt
-
Terry Blocher
T
Seller Co-Listing Agent in 2021
Terry Blocher
Keller Williams - Outer Banks
(252) 457-1906
137 in this area
229 Total Sales
-
Tammy Russell
Buyer's Agent in 2021
Tammy Russell
Keller Williams - Outer Banks
(252) 489-8054
29 in this area
151 Total Sales
Map
Source: Outer Banks Association of REALTORS®
MLS Number: 115430
APN: 127D-000-0021-0000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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