NOT LISTED FOR SALE

118 Magnolia Ln King, NC 27021

Estimated Value: $382,000 - $585,523

4.04 Acres
$128,250 Price per Acre
175,982 Sq Ft Lot

Last Sold October 31, 2022

Last sale price $142,800

Est. 263% increase in value since last sale

Current estimated payment $2,930/month

113 Days on Market

About This Lot

As of October 2022

Extremely Desirable Location to Build Your Dream Home! Beautiful Neighborhood with acreage and Privacy! Lot3 has 4.04 acres off of Mountain View Rd. in King! Enjoy the Mature hardwoods, Natural Gas, City Water and Underground Power! Current Survey and Soil Scientist report Sellers are Licensed NC Real Estate Brokers.

Last Agent to Sell the Property

STACY BELL

Timber Creek Realty License #297012 Listed on: 05/23/2022

Last Buyer's Agent

Danny Douglas

Keller Williams Realty Elite License #90446

Keller Williams Realty Elite

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $409

Lot Details

  • 4.04

Additional Features

  • 4.04 Acre Lot
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 6902657839
  • 1% Total Tax Rate

Property Details

Property Type

Land

Est. Annual Taxes

$409

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Land
  • Lot Size Acres: 4.04
  • Road Surface Type: Paved
  • Directions: Take 52-N to exit 122 Moore RJR Rd., Left onto Moore RJR Rd., continue straight, Cross over Old Hwy. 52 to Mountain View Rd. for 0.4 mile, Right onto Magnolia Ln, Property is on the left.
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 0 - 0
  • TRIADMLS_CityLimitsYN: No
  • Special Features: None

Interior Features

  • Possible Use: Single Family

Utilities

  • Sewer: Septic Tank
  • Electric: Duke Power
  • Water Source: Public
  • Gas Company: Type: Natural Gas

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 6902657839
  • Zoning: SFR
  • TRIADMLS_PlatPage: 6
  • TRIADMLS_PlatBook: 16
  • TRIADMLS_AcresRange: 4 - 4

Tax Info

  • Tax Annual Amount: 409
  • Tax Lot: 3
  • Tax Year: 2021
  • TRIADMLS_TaxRate: 0.74

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 16, 2021
Sold by
27021 Properties Llc
Bought by
Widner Jacob
Current Estimated Value
$518,131

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,686
Outstanding Balance
$155,105
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$363,026
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Widner Jacob $167,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Widner Jacob $168,686
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2022 10/31/22 Sold $142,800 -4.7% --
09/14/2022 09/14/22 Pending -- -- --
05/23/2022 05/23/22 For Sale $149,900 -- --
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
2025 $2,977 $416,400 $140,900 $275,500
2024 $2,977 $76,400 $76,400 $0
2023 $619 $76,400 $76,400 $0
2022 $426 $57,600 $57,600 $0
2021 $409 $55,300 $55,300 $0
2020 $409 $55,300 $55,300 $0
2019 $409 $55,300 $55,300 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1070764

Triad MLS

APN: 690202657839