NOT LISTED FOR SALE

1040 Magnolia Dr Aberdeen, NC 28315

Estimated Value: $404,000 - $421,152

4 Beds
2.5 Baths
2,291 Sq Ft
$181/Sq Ft Est. Value

Last Sold February 11, 2020

Last sale price $258,800 $113 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $2,447/month

11 Days on Market

Highlights

  • Wood Flooring
  • Covered Patio or Porch
  • Central Air
  • Pinecrest High School Rated A-
  • Tray Ceiling
  • Combination Dining and Living Room

About This Home

As of February 2020

This stunning house has it all, on the main floor you will find a spacious living area with beautiful hardwoods right when you walk in, to the left a great kitchen with loads of storage and great natural light from the breakfast nook. Large Master bedroom with brand new carpet and everything you want and need in the on-suite. The other 2 large bedrooms and another full bath are located on the opposite side of the main floor. Laundry room is on the main floor, off the laundry you will find the stairs to the second floor where you will find the 4th bedroom. There is a screened in covered porch overlooking the fully fenced beautiful backyard with established, easy to maintain, landscaping. New paint December 2019.

Last Agent to Sell the Property

Diana Birlean

Everything Pines Partners LLC License #292471 Listed on: 01/01/2020

Last Buyer's Agent

Bridget Sutherland

Maison Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,338

Year Built

  • Built in 2003

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 163x89x140x28x95
  • Property is zoned R20-16

HOA Fees

  • $17 Monthly HOA Fees

Home Design

  • Tile Roof
  • Aluminum Siding
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 2,291 Sq Ft Home
  • 2-Story Property
  • Tray Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Combination Dining and Living Room
  • Crawl Space
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Built-In Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 2 Car Attached Garage
  • Carport
  • Driveway

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Air
  • Electric Water Heater

Community Details

  • Glenn Laurel Subdivision

Listing and Financial Details

  • Tax Lot 23

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,338

Year Built

Built in 2003

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Appliances Equipment: Dishwasher, Microwave - Built-In, Refrigerator
  • Construction Type: Stick Built
  • Cooling System: Central
  • Deed Page: 551.00
  • Directions To Property: S. on 15/501 W. on Magnolia Dr. House is on the right.
  • Document Count: 8
  • Foundation: Crawl Space
  • H O A: Yes
  • Listing I D: 198013
  • List Priceper Sq Ft: 115.67
  • Lot Acres: 0.35
  • Lot Dimensions: 163x89x140x28x95
  • Lot Number: 23
  • Marketing City: Aberdeen
  • M L S Approved: Y
  • New Construction: No
  • Porch Balcony Deck: Covered, Porch, Screened
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Secondary Subdivision: None
  • Sign On Property: Yes
  • Sq Ft Heated: 2291.00
  • State Province: NC
  • Stories Levels: Two
  • Subdivision: Glenn Laurel
  • Tax Year: 2019
  • Terms: Cash
  • Total City Real Estate Property Tax: 1285.71
  • Total Real Estate Property Taxes: 1338.19
  • Total Heated Primary Separate Sq Ft: 2291.00
  • Un Branded Virtual Tour: https://www.seetheproperty.com/u/335448
  • Water Heater: Electric
  • Year Built: 2003
  • Zoning: R20-16
  • H O A Association Fee1 Year: 200.00
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Dining Room Type: Combination
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Ceiling - Trey, Ceiling Fan(s), Gas Logs, Pantry, Smoke Detectors, Wash/Dry Connect
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 2.50
  • Bedrooms: 4

Exterior Features

  • Exterior Finish: Aluminum Siding, Vinyl Siding
  • Roof: Tile
  • Waterfront: No

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Parking Driveway: Carport, Paved

Utilities

  • Heated Sq Ft: 2200 - 2399
  • Utilities: Municipal Sewer, Municipal Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 1, 2020
Closed on
Jan 17, 2020
Sold by
Gibbs David R and Varnado Karli A
Bought by
Gibson James Patterson
Seller's Agent
Diana Birlean
Everything Pines Partners LLC
Buyer's Agent
Bridget Sutherland
Maison Realty Group
List Price
$258,800
Sold Price
$258,800
Current Estimated Value
$415,038

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,238
Avg. Annual Appreciation
8.31%

Purchase Details

Listed on
Jul 7, 2016
Closed on
Nov 11, 2016
Sold by
Summers Nathan G and Summers Kathryn E
Bought by
Gibbs David R and Varnado Karli A
Seller's Agent
Tammy Lyne
Keller Williams Pinehurst
Buyer's Agent
Frank Strange
Front Runner Realty Group
List Price
$250,000
Sold Price
$250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.09%
Original Mortgage
$225,000
Interest Rate
3.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 7, 2005
Sold by
Elmwood Partners Llc
Bought by
Summers Nathan G and Summers Kathryn E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,920
Interest Rate
5.6%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gibson James Patterson $259,000 None Available
Gibbs David R $250,000 Attorney
Summers Nathan G $220,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gibbs David R $225,000
Previous Owner Summers Nathan G $175,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/11/2020 02/11/20 Sold $258,800 0.0% $113 / Sq Ft
01/12/2020 01/12/20 Pending -- -- --
01/01/2020 01/01/20 For Sale $258,800 +3.5% $113 / Sq Ft
12/06/2016 12/06/16 Sold $250,000 0.0% $109 / Sq Ft View Prior Sale
11/06/2016 11/06/16 Pending -- -- --
07/07/2016 07/07/16 For Sale $250,000 -- $109 / Sq Ft
Source: Hive MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,123 $406,930 $48,000 $358,930
2023 $3,205 $406,930 $48,000 $358,930
2022 $2,663 $262,390 $35,000 $227,390
2021 $2,729 $262,390 $35,000 $227,390
2020 $2,755 $262,390 $35,000 $227,390
2019 $2,755 $262,390 $35,000 $227,390
2018 $2,298 $235,650 $25,000 $210,650
2017 $2,274 $235,650 $25,000 $210,650
2015 $2,156 $235,650 $25,000 $210,650
2014 $2,112 $230,800 $25,000 $205,800
2013 -- $230,800 $25,000 $205,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 198013

Hive MLS

APN: 8571-00-10-1502