503 Magnolia Way
Corolla, NC 27927
4 bd 4 ba 2,274 sqft Built 1997 single_family
Most recent sale
$720,000
Jun 16, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 30, 2023 | Sold | $745,000 | OuterBanks |
| Jan 26, 2023 | Listed | $749,000 | OuterBanks |
| Jun 16, 2022 | Sold | $720,000 | MLS #118933 |
| May 19, 2022 | Listed | $720,000 | MLS #118933 |
| Jul 27, 2015 | Sold | $345,000 | Public Record |
| May 12, 2015 | Listing removed | $364,900 | OuterBanks |
| May 4, 2015 | Price changed | $364,900 | MLS #87343 |
| Mar 26, 2015 | Listed | $373,900 | MLS #87343 |
| Nov 5, 2010 | Sold | $473,800 | Public Record |
| Aug 31, 2010 | Listing removed | $495,000 | OuterBanks |
| Jun 29, 2010 | Price changed | $495,000 | MLS #64118 |
| Jun 8, 2010 | Price changed | $515,000 | MLS #64118 |
| Feb 13, 2010 | Price changed | $525,000 | MLS #64118 |
| Nov 23, 2009 | Listed | $549,000 | MLS #64118 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $325,200 | $88,000 | $413,200 | $3,489 |
| 2023 | $325,200 | $88,000 | $413,200 | $3,113 |
| 2022 | $325,200 | $88,000 | $413,200 | $2,543 |
| 2021 | $325,200 | $88,000 | $413,200 | $2,528 |
| 2020 | $259,200 | $80,000 | $339,200 | $2,136 |
| 2019 | $259,200 | $80,000 | $339,200 | $2,136 |
| 2018 | $259,200 | $80,000 | $339,200 | $2,136 |
| 2017 | $259,200 | $80,000 | $339,200 | $1,940 |
| 2016 | $259,200 | $80,000 | $352,160 | $1,940 |
| 2015 | $259,200 | $80,000 | $339,200 | $1,940 |
| 2014 | $259,200 | $80,000 | $339,200 | $1,940 |
| 2013 | $259,200 | $80,000 | $339,200 | $1,958 |
| 2012 | $352,079 | $175,000 | $527,079 | $2,027 |
| 2011 | $352,079 | $175,000 | $527,079 | $2,027 |
| 2010 | $352,079 | $175,000 | $527,079 | $2,012 |
| 2009 | $352,079 | $175,000 | $527,079 | $2,012 |
Property facts
Year built
1997
Property type
single_family
Stories
—
Beds
4
Baths
4
Living area
2,274 sqft
Lot size
—
ZIP code
27927
City
Corolla
Street
Magnolia Way
Coordinates
36.27947, -75.80192
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
$3,070
Gross rental yield
5.12%
Implied cap rate
3.33%
Trend-extrapolated value
—
Frequently asked questions
When did 503 Magnolia Way last sell?
503 Magnolia Way most recently sold on Jun 16, 2022 for $720,000.
What is the current tax assessment for 503 Magnolia Way?
The most recent total assessment for 503 Magnolia Way (year 2025) is $413,200 with $3,489 in property tax.
How does 503 Magnolia Way's assessment compare to its last sale price?
The current assessment is 42.6% below the last sale price of $720,000.
When was 503 Magnolia Way built?
503 Magnolia Way was built in 1997.
How does 503 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 503 Magnolia Way?
503 Magnolia Way is a 4 bed, 4 bath, 2,274 sqft single_family.
Is 503 Magnolia Way a flip candidate?
No — 503 Magnolia Way does not appear in our flips dataset.
Is 503 Magnolia Way a tax-appeal candidate?
No — 503 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