NOT LISTED FOR SALE

1114 Magenta Way Kernersville, NC 27284

Hastings Hill Neighborhood

Estimated Value: $456,286 - $496,000

4 Beds
2.5 Baths
2,900 Sq Ft
$163/Sq Ft Est. Value

Last Sold May 15, 2022

Last sale price $436,000 $150 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,884/month

28 Days on Market

About This Home

As of May 2022

Beautiful newer construction home in popular Glennstone! 4 Bedrooms/2.5 Baths. The great room features a gas fireplace and opens to Breakfast Area & Kitchen. Kitchen w/ Granite Countertops, Upgraded Cabinets, Under Cabinet Lights, Pendant Lights Over the Island, Upgraded S.S. Appliances w/ Slide-In Gas Range, Vented Pyramid Style Hood and Dishwasher. Large primary bedroom with en suite bath featuring a large garden tub and separate shower. The living room provides additional living space, great for a home office or playroom! The corner lot is completely fenced with a large patio. Close to I-40! A must-see!

Last Agent to Sell the Property

Lucy Lee

Triad Realty Advisors License #333962 Listed on: 03/19/2022

Last Buyer's Agent

Dana McCormick-Nommsen

Coast 2 Coast Triad Home Team License #272982

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,928

Year Built

  • Built in 2020

Lot Details

  • 9,583 Sq Ft Lot
  • Property is zoned RS-20

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 2,730 Sq Ft Home
  • 2,400-2,900 Sq Ft Home
  • Property has 2 Levels
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • Property has a Home Owners Association
  • Glennstone Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6875545805
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,928

Year Built

Built in 2020

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.22
  • Lot Size: .22
  • Subdivision Name: Glennstone
  • Directions: I-40 West, Take Union Cross Road exit, left on Sedge Garden, Right on Beesons Field Drive, Right on Lavender Lane, Left on Magenta Way.
  • Above Grade Finished Sq Ft: 2730
  • Unit Levels: Two
  • Structure Type: House
  • Year Built: 2020
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2400 - 2900
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 2730
  • Main Level Bathrooms: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Pool Features: None
  • Construction Type: Brick, Vinyl Siding
  • TRIADMLS_PoolYN: No

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Gas

Condo/Co-op/Association

  • Association: Yes

Lot Info

  • Parcel #: 6875545805
  • Zoning: RS-20
  • TRIADMLS_PricePerAcre: 1977272.7273
  • TRIADMLS_DeedPage: 3432
  • TRIADMLS_DeedBook: 3558
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 3928
  • Tax Year: 2021
  • TRIADMLS_TaxRate: 1.2368

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2022
Closed on
Feb 3, 2022
Sold by
Michael Mcgeachey Cory and Lynn Jaime
Bought by
Chase Drm Llc
Seller's Agent
Melissa Greer
Berkshire Hathaway HomeServices Yost & Little Realty
Buyer's Agent
Lucy Lee
Triad Realty Advisors
Sold Price
$379,900
Current Estimated Value
$466,015

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,115
Avg. Annual Appreciation
6.79%
Original Mortgage
$316,000
Outstanding Balance
$296,236
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$181,813

Purchase Details

Closed on
Oct 13, 2020
Sold by
Royal Homes Of North Carolina Llc
Bought by
Mcgeachey Cory Michael and Mcgeachey Jaime Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,105
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 18, 2020
Sold by
Sedge Garden Associates I Llc
Bought by
Royal Homes Of North Carolina Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Chase Drm Llc $380,000 Investors Title
Mcgeachey Cory Michael $320,000 None Available
Royal Homes Of North Carolina Llc $190,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chase Drm Llc $316,000
Previous Owner Mcgeachey Cory Michael $314,105
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2022 05/15/22 Sold $436,000 +0.2% $182 / Sq Ft
04/19/2022 04/19/22 Pending -- -- --
03/21/2022 03/21/22 For Sale $435,000 +14.5% $181 / Sq Ft
02/10/2022 02/10/22 Sold $379,900 -- $158 / Sq Ft
Source: Triad 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
2023 $3,991 $314,400 $65,000 $249,400
2022 $3,980 $314,400 $65,000 $249,400
2021 $3,928 $314,400 $65,000 $249,400
2020 $791 $57,200 $57,200 $0
2019 $757 $57,200 $57,200 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2022

    Lucy Lee

    Triad Realty Advisors

    (336) 580-0189

    2 in this area

    106 Total Sales

    Section Image

  • M

    Seller's Agent in 2022

    Melissa Greer

    Berkshire Hathaway HomeServices Yost & Little Realty

    (336) 337-5233

    5 in this area

    727 Total Sales

    Section Image

  • D

    Buyer's Agent in 2022

    Dana McCormick-Nommsen

    Coast 2 Coast Triad Home Team

    (336) 793-7978

    2 in this area

    136 Total Sales

    Section Image
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Map

Source: Triad MLS

MLS Number: 1062729

Triad MLS

APN: 6875-54-5805

North Carolina Forsyth County Kernersville 27284 Hastings Hill

1114 Magenta Way, Kernersville, NC

This home is located at 1114 Magenta Way, Kernersville, NC 27284 since 19 March 2022 and is currently estimated at $472,572, approximately $162 per square foot. This property was built in 2020. 1114 Magenta Way is a home located in Forsyth County with nearby schools including Caleb's Creek Elementary School, Southeast Middle School, and R.B. Glenn High School.

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