Shore Realty Outer Banks Home Sales

Listing Details For 524 Meadow Lane in Corolla

MLS #: 69861
524 Meadow Lane
Corolla, NC 27927
Selling Price: $305,000
Asking Price: $299,000
Closing Date: 2/6/2015
Status: Sold CO OP by Member
Status Date: 2/6/2015

Listing Information

HeadlineClose to The Beach in TCC
AreaCorolla Westside
Full Baths2
Partial Baths1
Asking Price$299,000
Price Date2/6/2015
Original Asking Price$539,000
Price Per Square Foot$174
Days On Market1425
Cumulative Days On Market1425
Days On MLS1425
Cumulative Days On MLS1425
Listing Date3/14/2011
Listing TypeExclusive Right Sell
Input Date Date3/14/2011
Update Date2/6/2015 10:47:00 PM
Sale Or RentFor Sale
Primary Residence Y/NN

Building Details

TypeSingle Family - Detached
StyleReverse Floor Plan
Year Built1999
Heated Living Area1723
Air ConditoningCentral,Heat Pump
HeatingCentral,Heat Pump
GarageAttached,1 Car
Interior Features9' Ceilings,Gas Fireplace,Master Bath,Pantry
ExtrasBeach Access,Ceiling Fan(s),Covered Decks,Gazebo,Hot Tub,Lawn Sprinklers,Outside Shower,Sun Deck
Floor CoveringsCarpet,Ceramic Tile
RoofAsphalt/Fiber Shingle
Pool Y/NYes
Pool TypeOutdoor,In Ground,Fiberglass
ExteriorCement Fiber Board

Lot Details & Legal Description

Address524 Meadow Lane
SubdivisionTCC-Magnolia Bay
Full Subdivision NameMagnolia Bay in The Currituck Club
Deed Page890
Deed Book1056
Doc Timestamp4/30/2014 2:27:00 PM
Pin Number127D00000460000
Tax Database ID3
Tax Property ID127D00000460000
Lot Square Feet5400
Lot Size/Dimensions60x90
Lot FacesS
Lot DescritionCul-de-sac
Distance To WaterNone
Association AmenitiesClubhouse,Gated Community,Golf Course,Health Club,Ocean Access,Outdoor-Comm. Pool,Outdoor-Comm. Tennis,Playground

Property Expense & Utilities

If the seller of this property located at 524 Meadow Lane in Corolla has provided the expenses, you will see them below, as provided by the listing agent. If there are no expenses listed, give Shore Realty of the OBX a call and let us do the research for you. It helps to know! Local 252-441-3416 or 800-647-1868. OBX Local experts here to help you!

Association Fee Y/NYes
Annual Association Fee$4,790
Association Fee IncludesGrounds Maintenance,Management,Pool,Road Maintenance,Security,Tennis Courts,Walkways
Tax Year2012
Property Taxes$1,703
Water SourceMunicipal
Septic Disposal SystemMunicipal Sewer


Rental Cottage NameParadise Found
Rental Cottage #MB46
Rental Turnover DaySat
Finance OptionsCash,Conventional
Furniture Available ?Yes
Bill Of Sale?Yes
Furniture Price/Bill Of Sale Amount$1
PossessionAt Closing
Potential Short Sale Y/NNo
Bank Owned Y/NNo
Associated Document Count4

Rental Income

This section will only apply to homes already in a some type of rental program. If the property located at 524 Meadow Lane is used as a vacation rental home or as a year round rental, you will see the income listed below if provided by the seller's agent. A lack of rental numbers does not necessarily mean the property is not rented out. For more call 800-647-1868 and we can get you the actual rental numbers.

Yearly Income Actual/EstimatedActual
Gross Annual Rental Income$22,371
Gross Income 2013 $$21,356
Gross Income Year To Date$22,371

Listing Agent Remarks

This wonderful home greets you with a private gazebo on the front porch. Inside you'll find fun, beautiful furnishings with a lighthouse theme. Custom tile work, gas fireplace. Extra windows in the dining room & masterbath & a semi-circle window in the stairwell provide lots of natural lighting. You will also enjoy outdoor living with this home. Outdoor pool & hot tub; fenced for privacy & wired for outdoor speakers w/ new deck furniture in 2007. As the cottage name suggests, truly "Paradise Found."


Official MLS Disclaimer

The data relating to real estate for sale on this web site comes from the Broker Reciprocity Program of the Outer Banks Association of REALTORS. This property located at 524 Meadow Lane in Corolla is provided courtesy of Bob Godley of Kitty Hawk Land Company. Information is believed to be accurate but is not warranted. Copyrighted by Outer Banks Association of REALTORS. All Rights Reserved. IDX information is provided by Shore Realty of the OBX exclusively for consumers, personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. If this page disappears from this site it means the property at 524 Meadow Lane in Corolla is no longer available for sale. If you are interested in this property or have any questions about buying or selling real estate on the Outer Banks call Shore Realty. Local 252-441-3416 or 800-647-1868.


The school systems on the Outer Banks are never lacking for money. With most of the property owners living out of town, there is a disproportionate amount of tax money available to the schools, the result is lots of money spent per pupil.

We have 2 county school systems on the OBX, the Currituck County School System for residents of Corolla and the Currituck Mainland AND the Dare County School System for residents of the beach's from Duck south through Nags Head to Hatteras Island, Manteo and the Dare County Mainland.

Looking for more info about this property or another OBX properties? We can answer all your questions. Call DIRECT 800-647-1868 or fill out this form and let us know what you need, so we can start to help. It is easier than you think.

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