NOT LISTED FOR SALE

548 Magnolia Ct Corolla, NC 27927

Estimated Value: $508,699 - $670,000

3 Beds
2.5 Baths
1,907 Sq Ft
$306/Sq Ft Est. Value

Sale Details

Date Sold: June 9, 2021

Last sale price $306,000 $160 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $3,866 / mo

17 Days on Market

Highlights

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

About This Home

As of June 2021

Bring this home to life! The potential is there for a buyer to make this Magnolia Bay property their dream home, rental investment, or a vacation get-away with a little sweat equity. The house features an open ground floor comprised of family room with cathedral ceiling and gas fireplace/kitchen with pantry and breakfast bar/dining room and adjacent covered porch with view of the woods, upstairs primary en suite bedroom with walk-in closet and private sun deck, and two additional two guest rooms. There is also a one car garage. Located in the prestigious Currituck Club, owners will enjoy all the abundant amenities this gated community has to offer. Ocean access, security, community pools and tennis, in-season trollies, the health club, and membership is available to the renowned Rees Jones 18-hole premier golf course. House is sold AS IS.

Last Agent to Sell the Property

Matt Myatt

Keller Williams Outer Banks KDH License #218707 Listed on: 12/19/2020

Keller Williams Outer Banks KDH

Co-Listed By

Terry Blocher

Keller Williams Outer Banks KDH License #271673

Last Buyer's Agent

Matt Myatt

Keller Williams Outer Banks KDH License #218707 Listed on: 12/19/2020

Keller Williams Outer Banks KDH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,937

Year Built

  • Built in 1998

Lot Details

  • Property fronts a private road
  • Cul-De-Sac
  • Level Lot

HOA Fees

  • $469 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,907 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Family Room

Kitchen

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

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Carport
  • Garage Door Opener
  • Off-Street Parking

Pool

  • In Ground Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Covered Deck
  • 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 8

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
  • 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

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,937

Year Built

Built in 1998

Lot Details

5,227 Sq Ft Lot

HOA Fees

$469 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Traditional
  • Directions: Main entrance of TCC, turn left onto Hunt Club Dr, proceed to Magnolia Court, turn right. Property is on the left in the cul-de-sac.
  • Extras: Ceiling Fan(s), Covered Decks, Garage Door Opener, Hot Tub, Outside Lighting, Outside Shower, Sun Deck, Dry Entry
  • Flood Zone: X
  • Headline: Magnolia Bay
  • Heated Sq Ft: 1907
  • L V T Date: 12/19/2020
  • Potential Short Sale: Yes
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Zoning: res
  • Deed Book Pg Number: 646
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Major Subdivision: The Currituck Club
  • Newpoint Media: Yes
  • Office License Number: C30917
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 3
  • Bedroom 1: On Level: 1
  • Bedroom 2: On Level: 1
  • Bedroom 3: On Level: 1
  • Kitchen: On Level: Ground
  • Countertops: Laminate
  • Floor Coverings: Carpet, Ceramic Tile
  • Foundation: Slab, Short Pilings
  • Full Bathrooms: 2
  • Interior Amenities: Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Pantry, Walk in Closet, Washer Connection
  • Family Room: On Level: Ground
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool: Association
  • Pool Type: Outdoor, In Ground, 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 Insurance, Grounds Maintenance, Management, Pool, Road Maintenance, Security, Tennis Courts, Walkways
  • Association Amenities: Clubhouse, Gated Community, Golf Course, Health Club, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 5625
  • Hoa Contact: Heidi Corsello
  • HOA Contact: 252-453-4011

Lot Info

  • Lot Description: Cul-de-sac, Level
  • Lot Number: Lot 8
  • Deed Book: 817

Rental Info

  • Est Annual Rental Income: 31657
  • Estimated Rental Performance: 0.1035

Building Info

  • Year Built: 1998

Tax Info

  • Year: 2020
  • Taxes: 1937

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2020
Closed on
Jun 2, 2021
Sold by
Bought by
Seller's Agent
Matt Myatt
Keller Williams Outer Banks KDH
Buyer's Agent
Matt Myatt
Keller Williams Outer Banks KDH
List Price
$319,000
Sold Price
$306,000
Premium/Discount to List
-$13,000
-4.08%
Current Estimated Value
$583,425

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$277,425
Avg. Annual Appreciation
13.55%
Original Mortgage
$136,000
Outstanding Balance
$122,324
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$461,101

Purchase Details

Closed on
Nov 1, 2004
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,836,000 Sharp Starkey
$430,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $136,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/09/2021 06/09/21 Sold $306,000 -4.1% $160 / Sq Ft
03/04/2021 03/04/21 For Sale $319,000 0.0% $167 / Sq Ft
01/05/2021 01/05/21 Pending -- -- --
12/19/2020 12/19/20 For Sale $319,000 -- $167 / Sq Ft
Source: Outer Banks Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $3,166 $383,300 $88,000 $295,300
2024 $3,166 $383,300 $88,000 $295,300
2023 $2,827 $383,300 $88,000 $295,300
2022 $2,391 $383,300 $88,000 $295,300
2021 $2,298 $303,400 $80,000 $223,400
2020 $1,937 $303,400 $80,000 $223,400
2019 $1,937 $303,400 $80,000 $223,400
2018 $1,937 $303,400 $80,000 $223,400
2017 $1,760 $303,400 $80,000 $223,400
2016 $1,760 $303,400 $80,000 $223,400
2015 $1,760 $303,400 $80,000 $223,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 112213

Outer Banks Association of REALTORS®

APN: 127D-000-0008-0000

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