NOT LISTED FOR SALE

112 Faison St Magnolia, NC 28453

Estimated Value: $54,000 - $62,000

3 Beds
1 Bath
1,472 Sq Ft
$40/Sq Ft Est. Value

Last Sold November 06, 2015

Last sale price $14,000 $10 Per Sq Ft

Est. 323% increase in value since last sale

Current estimated payment $347/month

1,180 Days on Market

Highlights

  • Wood Flooring
  • Formal Dining Room
  • Wood Siding
  • No HOA
  • Living Room
  • 1-Story Property

About This Home

As of November 2015

Buy for the lot or radical fixer-upper. Here is a lovely heirloom cottage right in town, Magnolia, NC. It is a radical fixer-upper! We are selling the lot, but there is this old house on it. Tear it down and build your home, or redesign this existing shell of a cottage like it's right out of Country Living Magazine! The lot is large with mature foliage; pecan trees, and an outbuilding. It's a great lot for your new home, or a restoration project that can become the home of your dreams.

Last Agent to Sell the Property

Rudene Kennedy

Southland Properties Listed on: 07/16/2012

Co-Listed By

Beverlie Brewer

Southland Properties

Last Buyer's Agent

Sue Mills

Associated Realty of Wallace, Inc License #174266

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $288

Year Built

  • Built in 1940

Lot Details

  • 0.32 Acre Lot
  • Property is zoned No Zoning -- Ca

Parking

  • Off-Street Parking

Home Design

  • Wood Frame Construction
  • Metal Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 1,472 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Formal Dining Room
  • Wood Flooring
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Heating System Uses Propane

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 248101296061

Home Details

Home Type

Single Family

Est. Annual Taxes

$288

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Dining Room Type: Formal
  • Fireplace: None
  • Flooring: Wood
  • Heated Sq Ft: 1400 - 1599
  • List Price per Sq Ft: 10.19
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Bedrooms: 3
  • Number Rooms: 6
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Dining Room Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Sq Ft Heated: 1472.00
  • Total Heated Primary Separate Sq Ft: 1472.00

Exterior Features

  • Exterior Finish: Wood Siding
  • Foundation: Crawl Space
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Metal

Garage/Parking

  • Parking Driveway: Off Street

Utilities

  • Cooling System: None
  • Service Providers Sewer Provider: City/Town
  • Service Providers Water Provider: City/Town
  • Utilities: Municipal Sewer, Municipal Water
  • HeatingSystemFuelSource: Propane Gas

Association/Amenities

  • HOA: No

Schools

  • School District: Duplin

Lot Info

  • Deed Page: 251.00
  • Lot Acres: 0.32
  • Lot Dimensions: rectangular
  • Lot Sq Ft: 13896.00
  • Zoning: No Zoning -- Ca

Tax Info

  • Tax Identifier: 248101296061

MLS Schools

  • School District: Duplin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2012
Closed on
Oct 16, 2015
Sold by
Wadsworth John C and Wadsworth Alma Jo W
Bought by
Roblero Ovidio
Seller's Agent
Rudene Kennedy
Southland Properties
Buyer's Agent
Sue Mills
Associated Realty of Wallace, Inc
List Price
$28,000
Sold Price
$14,000
Premium/Discount to List
-$14,000
-50%
Current Estimated Value
$59,165

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,165
Avg. Annual Appreciation
18.82%
Source: Public Records

Range of Values:

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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
Roblero Ovidio -- Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2015 11/06/15 Sold $14,000 -50.0% $10 / Sq Ft
10/09/2015 10/09/15 Pending -- -- --
07/16/2012 07/16/12 For Sale $28,000 -- $19 / 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 $288 $20,500 $7,600 $12,900
2023 $288 $20,500 $7,600 $12,900
2022 $282 $20,500 $7,600 $12,900
2021 $288 $20,500 $7,600 $12,900
2020 $151 $20,500 $7,600 $12,900
2019 $147 $20,500 $7,600 $12,900
2018 $147 $20,500 $7,600 $12,900
2016 $137 $18,800 $7,600 $11,200
2013 $133 $18,800 $7,600 $11,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 30479302

Hive MLS

APN: 12-1722