NOT LISTED FOR SALE

535 Magnolia Way Unit 144 Corolla, NC 27927

Corolla Neighborhood

Estimated Value: $678,851 - $724,000

3 Beds
2.5 Baths
1,800 Sq Ft
$389/Sq Ft Est. Value

Last Sold May 13, 2016

Last sale price $329,000 $183 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $4,463/month

36 Days on Market

Highlights

  • Community Beach Access
  • Golf Course Community
  • Gated Community
  • Health Club
  • In Ground Pool
  • Coastal Architecture

About This Home

As of May 2016

Recently updated and upgraded Magnolia Bay home! The current owners have put their time and love into updating this beautiful home. Offering 3 bedrooms, and 2.5 bathrooms with 1,800 square feet of living space this home has everything you are looking for in either a primary residence, 2nd home or vacation rental. Recent upgrades include new granite countertops, backsplash, tile in foyer and exterior paint and pool deck. Additionally you will find new furnishings throughout this home making 100% move in ready! The list goes on and on as this home also have it's own private pool and large concrete sun deck surround. Take a few minutes to enjoy all this home has to offer, and make it your Outer Banks beach home!

Last Agent to Sell the Property

Matt Myatt

Keller Williams - Outer Banks License #218707 Listed on: 02/22/2016

Keller Williams - Outer Banks

Last Buyer's Agent

Matt Myatt

Keller Williams - Outer Banks License #218707 Listed on: 02/22/2016

Keller Williams - Outer Banks

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,818

Year Built

  • Built in 1997

Lot Details

  • Property fronts a private road
  • Landscaped
  • Level Lot
  • Sprinkler System

HOA Fees

  • $472 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,800 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Screened Porch
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Carport
  • Off-Street Parking

Pool

  • In Ground Pool
  • Fiberglass Pool
  • Outdoor Pool

Outdoor Features

  • Sun Deck
  • Patio
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Tax Lot #42

Community Details

Overview

  • Association fees include common electric, common insurance, grounds maintenance, management, road maintenance, security, tennis courts, walkways
  • Tcc Magnolia Bay Subdivision

Recreation

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

Additional Features

  • Common Area
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,818

Year Built

Built in 1997

Lot Details

0

HOA Fees

$472 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Traditional, Coastal
  • Directions: Main entrance to TCC. Left on Hunt Club Drive. Right on Magnolia Way, home on left.
  • Extras: Beach Access, Ceiling Fan(s), Landscaped, Lawn Sprinklers, Outside Lighting, Patio, Screened Porch, Smoke Detector(s), Sun Deck
  • Flood Zone: AE, X
  • Headline: Magnolia Bay w/ Private Pool
  • Heated Sq Ft: 1800
  • L V T Date: 02/22/2016
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Zoning: Res
  • Deed Book Pg Number: 0363
  • 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
  • Countertops: Granite
  • Floor Coverings: Carpet, Ceramic Tile
  • Foundation: Piling, Slab
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Pantry, Washer Connection
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool: Private and Association
  • Pool Type: Outdoor, In Ground, Fiberglass, Private Pool, Association Pool
  • Roof: Asphalt/Fiber Shingle

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Common Electric, Common Insurance, Grounds Maintenance, Management, Road Maintenance, Security, Tennis Courts, Walkways
  • Association Amenities: Gated Community, Golf Course, Health Club, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 5663

Lot Info

  • Lot Description: Level
  • Lot Number: Lot #42
  • Deed Book: 1153

Rental Info

  • Est Annual Rental Income: 34000
  • Estimated Rental Performance: 0.1033
  • Rental Co: Village Realty
  • Rental Cottage Name: Casbah
  • Rental Cottage Number: MB-42
  • Rental Phone Number: 252.453.9650
  • Rental Turnover Day: Saturday

Building Info

  • Year Built: 1997

Tax Info

  • Year: 2015
  • Taxes: 1818

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 26, 2016
Sold by
Fiore Victor P and Fiore Jacqualine F
Bought by
Stanley Barbara M
Current Estimated Value
$700,463

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,200
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 17, 2011
Sold by
Mann Gary and Mann Katie
Bought by
Fiore Victor P and Fiore Jacqualine

Purchase Details

Closed on
Mar 11, 2005
Sold by
Berger Christine J
Bought by
Mann Gary and Mann Katie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$438,400
Interest Rate
1%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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
Stanley Barbara M $329,000 Attorney
Fiore Victor P $285,000 None Available
Mann Gary $548,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stanley Barbara M $263,200
Previous Owner Mann Gary $438,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2016 05/13/16 Sold $329,000 -2.9% $183 / Sq Ft
03/29/2016 03/29/16 Pending -- -- --
02/22/2016 02/22/16 For Sale $339,000 -- $188 / 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 $3,318 $391,600 $88,000 $303,600
2023 $3,318 $391,600 $88,000 $303,600
2022 $2,436 $391,600 $88,000 $303,600
2021 $2,496 $325,500 $80,000 $245,500
2020 $2,060 $325,500 $80,000 $245,500
2019 $2,060 $325,500 $80,000 $245,500
2018 $2,060 $325,500 $80,000 $245,500
2017 $1,871 $325,500 $80,000 $245,500
2016 $1,818 $325,500 $80,000 $245,500
2015 $1,818 $325,500 $80,000 $245,500
Source: Public Records

Agents Affiliated with this Home

  • Matt Myatt

    Seller's Agent in 2016

    Matt Myatt

    Keller Williams - Outer Banks

    (252) 207-6588

    194 in this area

    411 Total Sales

    Matt Myatt
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 91260

Outer Banks Association of REALTORS®

APN: 127D-000-0042-0000

North Carolina Currituck County Corolla 27927 Corolla

535 Magnolia Way Unit 144, Corolla, NC

This home is located at 535 Magnolia Way Unit 144, Corolla, NC 27927 since 22 February 2016 and is currently estimated at $700,463, approximately $389 per square foot. This property was built in 1997. 535 Magnolia Way Unit 144 is a home located in Currituck County with nearby schools including Knotts Island Elementary School, Currituck County Middle School, and Currituck County High School.

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.

Outer Banks Association of REALTORS® 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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