536 Magnolia Way Corolla, NC 27927
Corolla NeighborhoodEstimated Value: $537,000 - $697,000
3
Beds
2.5
Baths
1,740
Sq Ft
$356/Sq Ft
Est. Value
Highlights
- Health Club
- Outdoor Pool
- Contemporary Architecture
- Golf Course Community
- Gated Community
- Cathedral Ceiling
About This Home
As of March 2021Low maintenance, one-owner home located in the quiet coastal neighborhood of Magnolia Bay in the prestigious community of the Currituck Club. Nestled among beautiful Live Oaks and just a short walk to the beach, this charming 3 bedroom, 2.5 bath home is all you need to secure your home away from home. With a private pool and hot tub and a deck view of the Currituck Sound, this low maintenance coastal home is the perfect opportunity for a second home or investment. In the last few years, both Heat pumps have been replaced, new stainless appliances have been added and the hot tub has been replaced. New blinds installed this past spring, new hot water heater and new garage door. All this home needs is you. The Currituck Club is a guard gated community featuring a fitness center, biking and walking paths, tennis courts, community pools, play ground, basketball court, trolley to the beach, optional Rees Jones designed 18-hole golf course and so much more.
Last Agent to Sell the Property
Beach Realty & Construction License #197501 Listed on: 10/09/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,785
Year Built
- Built in 1996
Lot Details
- Property fronts a private road
- Landscaped
- Level Lot
HOA Fees
- $472 Monthly HOA Fees
Home Design
- Contemporary Architecture
- Slab Foundation
- Frame Construction
- Asphalt Shingled Roof
- Lap Siding
- Cement Board or Planked
Interior Spaces
- 1,740 Sq Ft Home
- Furnished
- Cathedral Ceiling
- Ceiling Fan
- Gas Fireplace
Kitchen
- Oven or Range
- Microwave
- Dishwasher
- Laminate Countertops
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- En-Suite Primary Bedroom
- Hydromassage or Jetted Bathtub
Laundry
- Laundry Room
- Dryer
Parking
- Garage
- Carport
Pool
- Outdoor Pool
- Spa
Utilities
- Heat Pump System
- Municipal Utilities District Water
- Community Sewer or Septic
Listing and Financial Details
- Tax Lot 14
Community Details
Overview
- Association fees include common insurance, grounds maintenance, management, pool, road maintenance, security, tennis courts, walkways
- Heidi Corsello Association, Phone Number (252) 453-4011
- Built by Mancuso
- Tcc Magnolia Bay Subdivision
Recreation
- Golf Course Community
- Health Club
- Tennis Courts
- Community Pool
Security
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 9, 2020
Closed on
Feb 10, 2021
Sold by
Yoder Carl E and Yoder Mary A
Bought by
Morales Normandy Ramos and Aparicio Ramos Juliette
Seller's Agent
Jackson Dixon
Beach Realty & Construction
Buyer's Agent
Renee Burrus
Coldwell Banker Seaside Realty KH
List Price
$429,000
Sold Price
$380,000
Premium/Discount to List
-$49,000
-11.42%
Total Days on Market
88
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
$240,032
Avg. Annual Appreciation
12.27%
Original Mortgage
$342,000
Outstanding Balance
$309,352
Interest Rate
2.7%
Mortgage Type
Stand Alone First
Estimated Equity
$310,680
Purchase Details
Closed on
Feb 4, 1997
Bought by
Yoder Carl E
Similar Homes in Corolla, NC
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Morales Normandy Ramos | $380,000 | None Available | |
| Yoder Carl E | $224,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Morales Normandy Ramos | $342,000 | |
| Previous Owner | Yoder Carl E | $153,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/08/2021 03/08/21 | Sold | $380,000 | -2.3% | $218 / Sq Ft |
| 01/05/2021 01/05/21 | Pending | -- | -- | -- |
| 12/30/2020 12/30/20 | Price Changed | $389,000 | -4.9% | $224 / Sq Ft |
| 11/11/2020 11/11/20 | Price Changed | $409,000 | -4.7% | $235 / Sq Ft |
| 10/09/2020 10/09/20 | For Sale | $429,000 | -- | $247 / 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 | $2,962 | $342,500 | $88,000 | $254,500 |
| 2023 | $2,962 | $342,500 | $88,000 | $254,500 |
| 2022 | $2,254 | $342,500 | $88,000 | $254,500 |
| 2021 | $2,233 | $276,100 | $80,000 | $196,100 |
| 2020 | $1,785 | $276,100 | $80,000 | $196,100 |
| 2019 | $1,785 | $276,100 | $80,000 | $196,100 |
| 2018 | $1,785 | $276,100 | $80,000 | $196,100 |
| 2017 | $1,622 | $276,100 | $80,000 | $196,100 |
| 2016 | $1,622 | $276,100 | $80,000 | $196,100 |
| 2015 | $1,622 | $276,100 | $80,000 | $196,100 |
Source: Public Records
Agents Affiliated with this Home
-
Jackson Dixon
Seller's Agent in 2021
Jackson Dixon
Beach Realty & Construction
(252) 207-5934
19 in this area
47 Total Sales
-
Renee Burrus
Buyer's Agent in 2021
Renee Burrus
Coldwell Banker Seaside Realty KH
(252) 475-0633
3 in this area
86 Total Sales
Map
Source: Outer Banks Association of REALTORS®
MLS Number: 111382
APN: 127D-000-0014-0000
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