Seller's Agent in 2022
Johanna Holcomb
Coldwell Banker Seaside Realty KH
(252) 489-9417
4 in this area
29 Total Sales
530 Magnolia Way Corolla, NC 27927
Corolla Neighborhood
3
Beds
2.5
Baths
1,748
Sq Ft
5,400
Sq Ft Lot
Highlights
- Views of a Sound
- Golf Course Community
- Gated Community
- Health Club
- Spa
- Clubhouse
About This Home
As of October 2022Just reduced, priced $52K lower than the lowest comparable! This Short Sale is handled by an experienced short sale attorney, Starkey Sharp. The Outer Bunker was a great rental machine and grossed $20K+ in 2013 with a consistent history. Currently rented on a month to month basis with 30 day notice to vacate. Great layout with nice sound views this property is turnkey and perfect for the investor or second home. Relax in the rocking chairs in the gazebo or let the sun and the awesome views charm you on the top deck where you can see the Currituck Sound. Relax in the hot tub or jump in the outside shower after a long pleasurable day at the beach. The great room offers abundant natural light with the many tall windows, sliding glass doors, gas fireplace and built-ins. Tiled floors in the kitchen, laundry room and laminate floors in the great room and dining room. Spacious master retreat with whirlpool tub and walk in closet and access to the deck. Nice size garage to enjoy as a game room or to store all that beach apparel. Located at the south end of the Currituck Club, the Outer Bunker is a short walk to the community pool, shops and beach with parking. Nothing missing here but you!
Last Agent to Sell the Property
Coldwell Banker Seaside Realty KH License #224301 Listed on: 04/22/2015
Last Buyer's Agent
Coldwell Banker Seaside Realty KH License #224301 Listed on: 04/22/2015
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,585
Year Built
- Built in 1996
Lot Details
- 5,400 Sq Ft Lot
- Lot Dimensions are 60x90
- Level Lot
- Wooded Lot
- Property is zoned Res.
HOA Fees
- $466 Monthly HOA Fees
Home Design
- Reverse Style Home
- Frame Construction
- Asphalt Shingled Roof
- Cement Board or Planked
Interior Spaces
- 1,748 Sq Ft Home
- Furnished
- Cathedral Ceiling
- Ceiling Fan
- Gas Fireplace
- Window Treatments
- Entrance Foyer
- Views of a Sound
Kitchen
- Oven or Range
- Microwave
- Dishwasher
Flooring
- Carpet
- Laminate
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- En-Suite Primary Bedroom
- Hydromassage or Jetted Bathtub
Laundry
- Dryer
- Washer
Parking
- Garage
- Carport
- Garage Door Opener
Pool
- Spa
- Outdoor Pool
- Outdoor Shower
Outdoor Features
- Sun Deck
- Covered Deck
- Patio
- Gazebo
Utilities
- Central Air
- Heat Pump System
- Municipal Utilities District for Water and Sewer
Listing and Financial Details
- Tax Lot 17
Community Details
Overview
- Association fees include grounds maintenance, management, pool, road maintenance, security, tennis courts
- Dale Smith Association, Phone Number (908) 859-2901
- Built by Mancuso Development
- Tcc Magnolia Bay Subdivision
Recreation
- 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
Aug 5, 2022
Closed on
Oct 3, 2022
Sold by
Thurman Marie Annette
Bought by
Khan Robert W and Khan Alexandra O
Seller's Agent
Johanna Holcomb
Coldwell Banker Seaside Realty KH
Buyer's Agent
Andy Tucker
Beach House Brokers, LLC
List Price
$547,000
Sold Price
$535,000
Premium/Discount to List
-$12,000
-2.19%
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
$86,668
Avg. Annual Appreciation
5.41%
Original Mortgage
$401,250
Outstanding Balance
$389,143
Interest Rate
6.92%
Mortgage Type
New Conventional
Estimated Equity
$232,525
Purchase Details
Listed on
Apr 22, 2015
Closed on
Dec 30, 2015
Sold by
Plaster Lonnie and Plaster Ashley Olsen
Bought by
Thurman Marie Annette
Seller's Agent
Johanna Holcomb
Coldwell Banker Seaside Realty KH
Buyer's Agent
Johanna Holcomb
Coldwell Banker Seaside Realty KH
List Price
$249,500
Sold Price
$225,000
Premium/Discount to List
-$24,500
-9.82%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.52%
Original Mortgage
$180,000
Interest Rate
3.98%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 21, 2005
Sold by
Davis Gary L and Davis Suzanne C
Bought by
Plaster Lonnie and Plaster Jackie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$404,800
Interest Rate
5.86%
Mortgage Type
Adjustable Rate Mortgage/ARM
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | -- | |
| Warranty Deed | $225,000 | Attorney | |
| Warranty Deed | $506,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $401,250 | New Conventional | |
| Previous Owner | $200,000 | New Conventional | |
| Previous Owner | $180,000 | New Conventional | |
| Previous Owner | $404,800 | Adjustable Rate Mortgage/ARM |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/27/2022 10/27/22 | Sold | $535,000 | -2.2% | $306 / Sq Ft |
| 09/16/2022 09/16/22 | Pending | -- | -- | -- |
| 08/05/2022 08/05/22 | For Sale | $547,000 | +143.1% | $313 / Sq Ft |
| 12/30/2015 12/30/15 | Sold | $225,000 | -9.8% | $129 / Sq Ft |
| 06/16/2015 06/16/15 | Pending | -- | -- | -- |
| 04/22/2015 04/22/15 | For Sale | $249,500 | -- | $143 / 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 | $2,818 | $335,800 | $88,000 | $247,800 |
| 2023 | $2,818 | $335,800 | $88,000 | $247,800 |
| 2022 | $2,149 | $335,800 | $88,000 | $247,800 |
| 2021 | $2,134 | $277,100 | $80,000 | $197,100 |
| 2020 | $1,739 | $277,100 | $80,000 | $197,100 |
| 2019 | $1,739 | $277,100 | $80,000 | $197,100 |
| 2018 | $1,739 | $277,100 | $80,000 | $197,100 |
| 2017 | $1,580 | $277,100 | $80,000 | $197,100 |
| 2016 | $1,591 | $277,100 | $80,000 | $197,100 |
| 2015 | $1,590 | $277,100 | $80,000 | $197,100 |
Source: Public Records
Agents Affiliated with this Home
-
Johanna Holcomb
-
Andy Tucker
A
Buyer's Agent in 2022
Andy Tucker
Beach House Brokers, LLC
(252) 202-7873
6 in this area
63 Total Sales
Map
Source: Outer Banks Association of REALTORS®
MLS Number: 87781
APN: 127D-000-0017-0000
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