M
Seller's Agent in 2020
Mark Pearson
Real Broker, LLC
(252) 573-9198
23 in this area
39 Total Sales
542 Magnolia Way Corolla, NC 27927
Corolla Neighborhood
3
Beds
2.5
Baths
1,763
Sq Ft
5,227
Sq Ft Lot
Highlights
- Community Beach Access
- Golf Course Community
- Gated Community
- Health Club
- Spa
- Clubhouse
About This Home
As of October 2020Well Maintained Home located in The Currituck Club with Short Walk or Bike Ride to beautiful Beaches of Corolla or uncrowded Community Pool and Tennis Courts. This is a 3 bedroom 2.5 Bath home with an open spacious reverse floor plan so there is Lots of Natural Light in the Kitchen, Living Room and Dining Room. Master Bedroom is located mid level between the top floor and ground floor for extra privacy. 542 Magnolia Way has a private back yard and is situated on a corner lot that is next to a large common area that gives this home a lot of privacy. Garage area has an additional built in storage area. The many updates and improvements include:2015 Hot Water Heater, 2014 Hot Tub, 2014 Front Window, 2013 HVAC, Interior Painted, and Open area carpeted, 2012 Washer/Dryer and 2011 Exterior Painted. Plus located in Flood Zone X. Landscaping and Lawn 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 a quick walk to the beach and only a 2 minute walk to the community pool and tennis courts. Also, just steps to the Trolley stop that will take you and your family to the beach during the 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 Golf 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. This is a beautiful well maintained home with many upgrades and short walk to the beach. If you are looking for a well maintained beach home 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
Corolla Beach Realty License #257370 Listed on: 09/19/2017
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,575
Year Built
- Built in 1997
Lot Details
- Property fronts a private road
- Lot includes common area
- Landscaped
- Corner Lot
- Sprinkler System
HOA Fees
- $466 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
- 1,763 Sq Ft Home
- Furnished
- Cathedral Ceiling
- Ceiling Fan
- Gas Fireplace
- Window Treatments
- Entrance Foyer
- Fire and Smoke Detector
Kitchen
- Oven or Range
- Microwave
- Dishwasher
- Laminate Countertops
- Disposal
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- En-Suite Primary Bedroom
- Walk-In Closet
- Hydromassage or Jetted Bathtub
Laundry
- Dryer
- Washer
Parking
- Garage
- Carport
- Off-Street Parking
Pool
- Spa
- Outdoor Pool
- Outdoor Shower
Outdoor Features
- Sun Deck
- Patio
Utilities
- Central Heating and Cooling System
- Heat Pump System
- Municipal Utilities District Water
- Community Sewer or Septic
Listing and Financial Details
- Tax Lot # 11
Community Details
Overview
- Association fees include common electric, common insurance, grounds maintenance, management, pool, road maintenance, security, tennis courts, walkways
- Heidi Corsello/Craig Atwater Association, Phone Number (252) 453-4011
- Tcc Magnolia Bay Subdivision
Recreation
- Community Beach Access
- 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
Closed on
Jan 4, 2024
Sold by
Deutsch Matthew J and Deutsch Laura H
Bought by
Deutsch Living Trust and Deutsch
Total Days on Market
48
Current Estimated Value
Purchase Details
Listed on
Jul 20, 2020
Closed on
Oct 16, 2020
Sold by
Padenski Stephen V and Padenski Mariane L
Bought by
Deutsch Matthew J and Deutsch Laura H
Seller's Agent
Mark Pearson
Real Broker, LLC
Buyer's Agent
Susan Sullivan
Sun Realty - Kitty Hawk / Currituck
List Price
$334,900
Sold Price
$317,000
Premium/Discount to List
-$17,900
-5.34%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.73%
Original Mortgage
$253,600
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Listed on
Sep 19, 2017
Closed on
Nov 30, 2017
Sold by
Clark Robert D and Clark Sara L
Bought by
Padenski Stephen V and Padenski Mariane L
Seller's Agent
Daniel LaRue
Corolla Beach Realty
Buyer's Agent
Daniel LaRue
Corolla Beach Realty
List Price
$290,000
Sold Price
$275,000
Premium/Discount to List
-$15,000
-5.17%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.08%
Original Mortgage
$247,500
Interest Rate
3.94%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 14, 2003
Bought by
Clark Robert D and Clark Sara I
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 |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | $317,000 | None Available | |
| Warranty Deed | $275,000 | None Available | |
| Deed | $316,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $253,600 | New Conventional | |
| Previous Owner | $247,500 | New Conventional | |
| Previous Owner | $277,000 | New Conventional | |
| Previous Owner | $300,650 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/20/2020 10/20/20 | Sold | $317,000 | -5.3% | $180 / Sq Ft |
| 08/07/2020 08/07/20 | Pending | -- | -- | -- |
| 07/20/2020 07/20/20 | For Sale | $334,900 | +21.8% | $190 / Sq Ft |
| 12/08/2017 12/08/17 | Sold | $275,000 | -5.2% | $156 / Sq Ft |
| 11/06/2017 11/06/17 | Pending | -- | -- | -- |
| 09/19/2017 09/19/17 | For Sale | $290,000 | -- | $164 / 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 | $2,883 | $332,900 | $88,000 | $244,900 |
| 2023 | $2,883 | $332,900 | $88,000 | $244,900 |
| 2022 | $2,134 | $332,900 | $88,000 | $244,900 |
| 2021 | $2,119 | $276,100 | $80,000 | $196,100 |
| 2020 | $1,733 | $276,100 | $80,000 | $196,100 |
| 2019 | $1,733 | $276,100 | $80,000 | $196,100 |
| 2018 | $1,733 | $276,100 | $80,000 | $196,100 |
| 2017 | $1,575 | $276,100 | $80,000 | $196,100 |
| 2016 | $1,575 | $276,100 | $80,000 | $196,100 |
| 2015 | $1,575 | $276,100 | $80,000 | $196,100 |
Source: Public Records
Agents Affiliated with this Home
-
Mark Pearson
-
Susan Sullivan
Buyer's Agent in 2020
Susan Sullivan
Sun Realty - Kitty Hawk / Currituck
(252) 491-2829
4 in this area
110 Total Sales
-
Daniel LaRue
Seller's Agent in 2017
Daniel LaRue
Corolla Beach Realty
(551) 404-7777
36 in this area
55 Total Sales
-
Sandra LaRue
Seller Co-Listing Agent in 2017
Sandra LaRue
Corolla Beach Realty
(252) 435-5379
58 in this area
92 Total Sales
Map
Source: Outer Banks Association of REALTORS®
MLS Number: 97839
APN: 127D-000-0011-0000
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