NOT LISTED FOR SALE

1344 Magnolia Grove Rd Lincolnton, NC 28092

Estimated Value: $318,000 - $518,146

2 Beds
2 Baths
993 Sq Ft
$426/Sq Ft Est. Value

Highlights

  • Wood Flooring
  • East Lincoln Middle School Rated A-
  • Attached Garage

About This Home

As of June 2022

Check out this brand new duplex in Lincolnton Area with almost 1000 square feet! Very convenient to Hwy 27 making for an easy commute. This unit offers a large Den, nice kitchen with granite counters and appliances, 2 bedrooms and 2 baths. Covered front porch, one car garage and side deck or patio. Application is required to be considered for lease. Pets are limited to one pet 15 pounds or less.

Last Agent to Rent the Property

Grant Mosteller

Marc 1 Realty License #153500 Listed on: 06/09/2022

Co-Listed By

Nancy Mosteller

Marc 1 Realty License #207502

Last Renter's Agent

Janet Lyda

Marc 1 Realty License #201685

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,989

Year Built

  • Built in 2022

Lot Details

  • Sloped Lot
  • Cleared Lot

Parking

  • Attached Garage

Home Design

  • Duplex

Interior Spaces

  • 993 Sq Ft Home
  • Crawl Space

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

  • G.E. Massey Elementary School
  • Lincolnton Middle School
  • Lincolnton High School

Utilities

  • Heat Pump System
  • Shared Well
  • Septic Tank

Community Details

  • Pet Deposit $450

Listing and Financial Details

  • Security Deposit $1,350
  • Property Available on 6/13/22
  • Tenant pays for all utilities
  • Assessor Parcel Number 104174

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,989

Year Built

Built in 2022

Lot Details

0

Rental Info

  • Tenant Pays: All Utilities
  • Furnished: Unfurnished
  • Pets Allowed: Conditional
  • Pet Deposit: 450
  • Deposit Security: 1350
  • Smoking Allowed Yn: 0
  • Available Date: 2022-06-13

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Rental
  • Year Built: 2022
  • Ratio Current Price By Acre: 1173.91
  • Unit Floor Level: 1
  • Property Sub Type Secondary: 1 Story
  • Road Surface Type: Concrete
  • Structure Type: Duplex
  • ResoPropertyType: ResidentialLease
  • Special Features: NewHome

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Flooring: Tile, Wood
  • Interior Amenities: None
  • Main Level Sq Ft: 993
  • Porch: Side
  • Appliances: Electric Oven, Electric Range, Microwave, Refrigerator
  • Above Grade Finished Sq Ft: 993
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 993
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Roof: Shingle

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 309
  • Parking Features: Attached Garage, Garage - 1 Car

Utilities

  • Heating: Heat Pump, Heat Pump
  • Sewer: Septic Installed
  • Water Heater: Electric
  • Laundry Features: Laundry Room
  • Water Source: Shared Well

Schools

  • Middle Or Junior School: Lincolnton
  • HOA Subject To: None

Lot Info

  • Lot Features: Cleared, Sloped
  • Lot Size Area: 1.15
  • Lot Size Units: Acres
  • Parcel Number: 104174
  • Zoning Description: R-T

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: G.e. Massey
  • High School: Lincolnton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 2, 2024
Sold by
J & Z Properties Llc
Bought by
Brown Damion and Brown Brandi
Current Estimated Value
$419,708

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,625
Outstanding Balance
$151,909
Interest Rate
7.29%
Mortgage Type
New Conventional
Estimated Equity
$264,633
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
Brown Damion $387,500 Southern Homes Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Damion $290,625
Closed Brown Damion $290,625
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2022 06/17/22 Rented $1,350 0.0% --
06/09/2022 06/09/22 For Rent $1,350 -- --
Source: Canopy MLS (Canopy Realtor® Association)

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 $2,989 $440,577 $41,554 $399,023
2023 $2,979 $440,577 $41,554 $399,023
2022 $179 $24,065 $24,065 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3870833

Canopy MLS (Canopy Realtor® Association)

APN: 104174