502 Magnolia Way
Corolla, NC 27927
4 bd 4 ba 2,894 sqft Built 1997 single_family
Most recent sale
$770,000
Feb 21, 2024
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 12, 2026 | Sold | $865,000 | OuterBanks |
| Jan 7, 2026 | Listed | $889,000 | OuterBanks |
| Aug 15, 2025 | Listed | $925,000 | OuterBanks |
| Feb 21, 2024 | Sold | $770,000 | OuterBanks |
| Oct 5, 2023 | Listed | $799,000 | OuterBanks |
| Aug 29, 2023 | Listing removed | — | OuterBanks |
| Jun 12, 2023 | Listed | $799,000 | OuterBanks |
| Oct 31, 2018 | Listing removed | $419,000 | OuterBanks |
| Oct 30, 2018 | Sold | $409,000 | Public Record |
| Sep 6, 2018 | Listed | $419,000 | OuterBanks |
| Sep 2, 2018 | Sold | $409,000 | OuterBanks |
| Jun 18, 2018 | Listed | $419,000 | OuterBanks |
| Oct 24, 2016 | Listing removed | $395,000 | OuterBanks |
| Oct 19, 2016 | Sold | $313,000 | Public Record |
| Oct 18, 2016 | Relisted | $395,000 | OuterBanks |
| Oct 11, 2016 | Listing removed | $395,000 | OuterBanks |
| Sep 7, 2016 | Relisted | $395,000 | OuterBanks |
| Aug 9, 2016 | Listing removed | $395,000 | OuterBanks |
| Jun 29, 2016 | Listed | $395,000 | OuterBanks |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $320,000 | $156,200 | $476,200 | $3,928 |
| 2023 | $320,000 | $156,200 | $476,200 | $3,403 |
| 2022 | $314,700 | $156,200 | $470,900 | $2,837 |
| 2021 | $314,700 | $156,200 | $470,900 | $2,822 |
| 2020 | $245,000 | $142,000 | $387,000 | $2,321 |
| 2019 | $245,000 | $142,000 | $387,000 | $2,341 |
| 2018 | $245,000 | $142,000 | $387,000 | $2,341 |
| 2017 | $245,000 | $142,000 | $387,000 | $2,127 |
| 2016 | $245,000 | $142,000 | $390,757 | $2,127 |
| 2015 | $245,000 | $142,000 | $387,000 | $2,127 |
| 2014 | $245,000 | $142,000 | $387,000 | $2,125 |
| 2013 | $245,000 | $142,000 | $387,000 | $2,941 |
| 2012 | $402,635 | $250,000 | $652,635 | $2,351 |
| 2011 | $402,635 | $250,000 | $652,635 | $2,359 |
| 2010 | $402,635 | $250,000 | $652,635 | $2,344 |
| 2009 | $402,635 | $250,000 | $652,635 | $2,345 |
Property facts
Year built
1997
Property type
single_family
Stories
—
Beds
4
Baths
4
Living area
2,894 sqft
Lot size
—
ZIP code
27927
City
Corolla
Street
Magnolia Way
Coordinates
36.27924, -75.80263
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,907
Gross rental yield
6.09%
Implied cap rate
3.96%
Trend-extrapolated value
—
Frequently asked questions
When did 502 Magnolia Way last sell?
502 Magnolia Way most recently sold on Feb 21, 2024 for $770,000.
What is the current tax assessment for 502 Magnolia Way?
The most recent total assessment for 502 Magnolia Way (year 2025) is $476,200 with $3,928 in property tax.
How does 502 Magnolia Way's assessment compare to its last sale price?
The current assessment is 38.2% below the last sale price of $770,000.
When was 502 Magnolia Way built?
502 Magnolia Way was built in 1997.
How does 502 Magnolia Way compare to others on Magnolia Way?
We track 8 other properties on Magnolia Way. Browse the list under "Other properties on Magnolia Way" to compare beds, baths, and sale history.
What are the property facts for 502 Magnolia Way?
502 Magnolia Way is a 4 bed, 4 bath, 2,894 sqft single_family.
Is 502 Magnolia Way a flip candidate?
No — 502 Magnolia Way does not appear in our flips dataset.
Is 502 Magnolia Way a tax-appeal candidate?
No — 502 Magnolia Way is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+4.0%
Implied 1-yr
+16.1%
2026 Q3
$1.11M
2026 Q4
$1.15M
ZIP 27927 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Magnolia Way