Shore Realty Outer Banks Home Sales

Listing Details For 508 Meadow Lane in Corolla

MLS #: 83679
508 Meadow Lane
Corolla, NC 27927
Selling Price: $287,000
Asking Price: $292,999
Closing Date: 4/20/2015
Status: Sold CO OP by Member
Status Date: 4/21/2015

Listing Information

HeadlineHome Nestled in Live Oaks
AreaCorolla Westside
Full Baths2
Partial Baths1
Asking Price$292,999
Price Date4/21/2015
Original Asking Price$319,900
Price Per Square Foot$167
Days On Market340
Cumulative Days On Market340
Days On MLS340
Cumulative Days On MLS340
Listing Date5/15/2014
Listing TypeExclusive Right Sell
Input Date Date5/16/2014
Update Date4/21/2015 5:51:00 PM
Sale Or RentFor Sale
Primary Residence Y/NN

Building Details

TypeSingle Family - Detached
Year Built1999
Heated Living Area1758
Air ConditoningCentral,Heat Pump
HeatingCentral,Forced Air,Heat Pump
Garage1 Car
Garage Square Feet317
Interior FeaturesAll Window Treatments,Cathedral Ceiling(s),Gas Fireplace
ExtrasCeiling Fan(s),Covered Decks,Gazebo,Hot Tub,Jet Tub,Patio,Screened Porch,Smoke Detector(s),Sun Deck
Floor CoveringsCarpet,Ceramic Tile
RoofAsphalt/Fiber Shingle
Pool Y/NNo
ExteriorCement Fiber Board
Virtual TourCement Fiber Board

Lot Details & Legal Description

Address508 Meadow Lane
SubdivisionTCC-Magnolia Bay
Full Subdivision NameMagnolia Bay
Deed Page316
Deed Book1211
Doc Timestamp10/10/2014 10:40:00 PM
Pin Number127D00000600000
Tax Database ID3
Tax Property ID127D00000600000
Lot Square Feet5850
Lot FacesE
Street Frontage65
Lot DescritionCul-de-sac,Level
Distance To WaterNone
Flood ZoneAE
Association AmenitiesClubhouse,Gated Community,Golf Course,Health Club,Ocean Access,Outdoor-Comm. Pool,Outdoor-Comm. Tennis,Park,Playground

Property Expense & Utilities

If the seller of this property located at 508 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$5,481
Association Fee IncludesGrounds Maintenance,Management,Pool,Road Maintenance,Security,Tennis Courts,Walkways
Tax Year2013
Property Taxes$1,796
Water SourceMunicipal
Septic Disposal SystemCommunity Septic


Rental Cottage NameDream Inn
Rental Cottage #MB60
Rental Turnover DaySat
Finance OptionsCash,Conventional,FHA,VA
Furniture Available ?Yes
Furniture Price/Bill Of Sale Amount$1
PossessionAt Closing
Potential Short Sale Y/NNo
Bank Owned Y/NNo
Associated Document Count8

Rental Income

This section will only apply to homes already in a some type of rental program. If the property located at 508 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$22,000
Gross Income 2013 $$16,477

Listing Agent Remarks

Very comfortable, well maintained home in the well designed Currituck Club. This home will appeal to Golfers, beach goers, second home, investment or full time owners. This home is secluded, nestled among live oaks and close proximity to the trolley stop, shops, tennis and South pool. When you walk inside you will notice the bountiful natural lighting, the open and airy kitchen/dining and living area with vaulted ceilings. The nicely furnished and decorated 3 bedrooms are all located on the top level with a spacious master, 2 guest rooms that share a bath and a loft area that could be used as an office, tv area etc. Great covered deck on the front and side, screened porch on rear, nicely located outside shower, hot tub/patio area in rear. Each side of the exterior of the home has something to offer. Ping Pong set up in the garage and ready for fun family tournaments. HOA does all of the landscaping. HVAC contract with RA Hoy..


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 508 Meadow Lane in Corolla is provided courtesy of Pete Salitore of Outer Banks Blue Realty Srvcs.. 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 508 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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