Shore Realty Outer Banks Home Sales

Listing Details For 516 Oak View Court in Corolla

MLS #: 87068
516 Oak View Court
Corolla, NC 27927
Selling Price: $339,000
Asking Price: $349,900
Closing Date: 5/29/2015
Status: Sold CO OP by Member
Status Date: 5/30/2015

Listing Information

HeadlinePristine, Granite, Oversized
AreaCorolla Westside
Full Baths2
Partial Baths1
Asking Price$349,900
Price Date5/30/2015
Original Asking Price$349,900
Price Per Square Foot$163
Days On Market82
Cumulative Days On Market82
Days On MLS82
Cumulative Days On MLS82
Listing Date3/8/2015
Listing TypeExclusive Agency
Input Date Date3/8/2015
Update Date5/30/2015 6:06:00 PM
Sale Or RentFor Sale
Primary Residence Y/NN

Building Details

TypeSingle Family - Detached
Year Built1999
Heated Living Area2142
Air ConditoningCentral,Heat Pump
HeatingCentral,Heat Pump
AppliancesDishwasher,Dryer,Microwave,Range/Oven,Refrigerator w/Ice Maker,Washer
GarageAttached,1 Car
Interior FeaturesAll Window Treatments,Cathedral Ceiling(s),Dryer Connection,Gas Fireplace,Ice Maker Connection,Master Bath,Pantry,Walk in Closet
ExtrasBeach Access,Ceiling Fan(s),Covered Decks,Garage Door Opener,Hot Tub,Jet Tub,Landscaped,Lawn Sprinklers,Outside Lighting,Outside Shower,Patio,Sun Deck
Floor CoveringsCarpet,Ceramic Tile
AppliancesDishwasher,Dryer,Microwave,Range/Oven,Refrigerator w/Ice Maker,Washer
RoofAsphalt/Fiber Shingle
Pool Y/NYes
Pool TypeCommunity Pool
ExteriorCement Fiber Board
Covered DeckMany
Sundeck ?Large
Bedroom 1 Level2
Bedroom 1 SizeKing Maste
Bedroom 2 Level 2
Bedroom 2 Size Queen
Bedroom 3 Level 2
Bedroom 3 Size Twin
Living Room Level 1
living Room Size Spacious
Kitchen Level 1
Kitchen Size Updated
Dining Room Level 1
Dining Room SizeLarge
Optional RoomsFoyer,Loft,Pantry
Optional Room 1 Level 1
Optional Room 1 SizeDen

Lot Details & Legal Description

Address516 Oak View Court
SubdivisionTCC-Magnolia Bay
Full Subdivision NameMagnolia Bay
Deed Page808
Deed Book1039
Doc Timestamp4/9/2015 1:40:00 AM
Pin Number127D00000500000
Tax Database ID3
Tax Property ID127D00000500000
Lot Square Feet5540
Lot Size/Dimensions65.1 x 85.1
Lot DescritionAdj. To Common Area,Cul-de-sac,Level
Distance To WaterNone
Flood ZoneAE
Association AmenitiesClubhouse,Gated Community,Health Club,Ocean Access,Outdoor-Comm. Pool,Outdoor-Comm. Tennis,Playground,Common Area

Property Expense & Utilities

If the seller of this property located at 516 Oak View Court 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 IncludesCommon Insurance,Grounds Maintenance,Management,Pool,Road Maintenance,Security,Tennis Courts,Walkways
Tax Year2014
Property Taxes$1,776
Flood Insurance$460
Hazard Insurance$2,421
Water SourceMunicipal
Septic Disposal SystemCommunity Septic


Finance OptionsCash,Conventional,FHA,VA
Furniture Available ?Yes
Bill Of Sale?Yes
Furniture Price/Bill Of Sale Amount$1
Potential Short Sale Y/NNo
Bank Owned Y/NNo
Associated Document Count1

Rental Income

This section will only apply to homes already in a some type of rental program. If the property located at 516 Oak View Court 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/EstimatedEstimated
Gross Annual Rental Income$25,000

Listing Agent Remarks

High End Finishes include Granite Counter Tops, Stainless Steel Appliances, Ceramic Tiled Floors, Cement Fiber Siding, plus additional heated living with Den and Meticulously Maintained sets this home above the others. This beautiful oversized 3 bedroom, 2.5 bath Magnolia Bay home has a traditional floor plan plus an additional sitting room / Den with pocket doors and sleep sofa on the 1 st floor (other Magnolia Bay 3 bedroom homes do not have this additional sitting room). Enjoy the many decks for outdoor living and relax in the like new hot tub. Additionally there is a Loft Area on second floor used as an office and a one car Garage with high ceilings and plenty of room for storage. Meticulously well maintained describes this home. Exterior Painted in 2014, Most of interior Painted in 2013, New HVAC & Air Handlers in 11/2013 & 6/2011, New Hot Water Heater in 4/2011, 2 new bedroom Fans, plus recently added gorgeous Granite Counter Tops in Kitchen and Stainless Steel Appliances. This home has never been in a Vacation Rental Program. Lots of light in this home with cathedral ceilings. Large lovely King Master Bedroom & Bath with Jetted Tub, huge walk in Closet and large relaxing deck off the master bedroom. This home is situated in a quiet setting, as the back yard backs up to a huge common area with trees which provide a lot of privacy. Landscapping and yard maintenance are included in the Association dues. So just sit back , relax and enjoy your family, the beach and/or golf. Our favorite thing about this home is that it is located in Magnolia Bay at the south end of The Currituck Club and is less than a 10 minute walk to the beach and only a 2 minute walk to the community pool and tennis courts. Just steps away from the trolley stop that will take you and your


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 516 Oak View Court in Corolla is provided courtesy of Sandra LaRue of Corolla Beach Realty. 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 516 Oak View Court 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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