16 Magnolia Farms Dr Unit 16a Asheville, NC 28806
West Asheville NeighborhoodEstimated Value: $709,497 - $858,000
3
Beds
3
Baths
2,600
Sq Ft
$295/Sq Ft
Est. Value
About This Home
This home is located at 16 Magnolia Farms Dr Unit 16a, Asheville, NC 28806 and is currently estimated at $767,124, approximately $295 per square foot. 16 Magnolia Farms Dr Unit 16a is a home located in Buncombe County with nearby schools including Clyde A. Erwin High School, West Buncombe Elementary School, and Clyde A. Erwin Middle School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 3, 2024
Sold by
Billings Corrianne M and Bushnell Timothy H
Bought by
Bushnell Timothy H
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Outstanding Balance
$387,074
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$380,050
Purchase Details
Closed on
Jun 26, 2020
Sold by
Varner Grayden Roger and Varner Shawn Tamara
Bought by
Billings Corrianne M and Bushnell Timothy H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
3.2%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 24, 2017
Sold by
Holbrook H Todd
Bought by
Varner Grayden Roger and Varner Shawn Tamara
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
3.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 10, 2016
Sold by
Holbrook Carolyn D
Bought by
Holbrook Carolyn D and Carolyn D Holbrook Revocable Trust
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bushnell Timothy H | -- | None Listed On Document | |
| Bushnell Timothy H | -- | None Listed On Document | |
| Billings Corrianne M | $490,000 | None Available | |
| Varner Grayden Roger | $450,000 | None Available | |
| Holbrook Carolyn D | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bushnell Timothy H | $392,000 | |
| Closed | Bushnell Timothy H | $392,000 | |
| Previous Owner | Billings Corrianne M | $392,000 | |
| Previous Owner | Varner Grayden Roger | $360,000 |
Source: Public Records
Tax History Compared to Growth
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 | $2,792 | $427,800 | $62,900 | $364,900 |
| 2024 | $2,792 | $427,800 | $62,900 | $364,900 |
| 2023 | $2,792 | $427,800 | $62,900 | $364,900 |
| 2022 | $2,665 | $427,800 | $62,900 | $364,900 |
| 2021 | $2,665 | $427,800 | $0 | $0 |
| 2020 | $2,539 | $379,500 | $0 | $0 |
| 2019 | $2,539 | $379,500 | $0 | $0 |
| 2018 | $2,501 | $379,500 | $0 | $0 |
| 2017 | $2,461 | $306,800 | $0 | $0 |
| 2016 | $2,221 | $306,800 | $0 | $0 |
| 2015 | $1,304 | $180,100 | $0 | $0 |
| 2014 | $213 | $30,200 | $0 | $0 |
Source: Public Records
Map
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