
1987 Magnolia Grove Rd Iron Station, NC 28080
Estimated payment $14,205/month
Highlights
- Very Popular Property
- Barn
- Private Lot
- Iron Station Elementary School Rated 9+
- In Ground Pool
- Wooded Lot
About This Home
One of a kind opportunity to own a private, gated compound on nearly 30 acres. The main residence built just 10 years ago was constructed to reflect Antebellum elegance and offers over 5000 square feet, features reclaimed tobacco barn floors, antique doors, antique fireplaces, and period style details throughout. The grounds feature a barn, pastures, and a pond. The barn has 8 stalls including an extra large birthing stall, office, tack room and half bath. A secondary modern farmhouse provides nearly 3000 square feet, 4 bedrooms and a bonus room.
Listing Agent
RE/MAX Lifestyle Brokerage Email: Anna@HousesByAnna.com License #236614 Listed on: 09/02/2025

Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,891
Year Built
- Built in 2015
Lot Details
- Fenced
- Private Lot
- Sloped Lot
- Irrigation
- Cleared Lot
- Wooded Lot
- Property is zoned R-T
Parking
- 3 Car Attached Garage
- Driveway
Home Design
- Traditional Architecture
- Metal Roof
- Four Sided Brick Exterior Elevation
Interior Spaces
- 2-Story Property
- Built-In Features
- Bar Fridge
- Ceiling Fan
- Entrance Foyer
- Living Room with Fireplace
- Screened Porch
- Home Security System
Kitchen
- Breakfast Bar
- Double Oven
- Gas Cooktop
- Dishwasher
- Kitchen Island
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- Split Bedroom Floorplan
- Walk-In Closet
Laundry
- Laundry Room
- Washer and Electric Dryer Hookup
Basement
- Walk-Out Basement
- Partial Basement
- Interior and Exterior Basement Entry
- Crawl Space
- Basement Storage
Pool
- In Ground Pool
- Fence Around Pool
- Saltwater Pool
Outdoor Features
- Access to stream, creek or river
- Balcony
- Patio
- Gazebo
- Shed
- Outbuilding
Schools
- Iron Station Elementary School
- East Lincoln Middle School
- East Lincoln High School
Farming
- Barn
- Pasture
Horse Facilities and Amenities
- Tack Room
Utilities
- Central Air
- Vented Exhaust Fan
- Heat Pump System
- Tankless Water Heater
- Septic Tank
Listing and Financial Details
- Assessor Parcel Number 25880
Map
Home Values in the Area
Average Home Value in this Area
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 | $9,891 | $1,757,970 | $225,331 | $1,532,639 |
2024 | $9,871 | $1,757,970 | $225,331 | $1,532,639 |
2023 | $9,654 | $1,757,970 | $225,331 | $1,532,639 |
2022 | $6,209 | $951,879 | $156,979 | $794,900 |
2021 | $6,209 | $951,879 | $156,979 | $794,900 |
2020 | $5,928 | $951,879 | $156,979 | $794,900 |
2019 | $6,811 | $951,879 | $156,979 | $794,900 |
2018 | $5,229 | $704,869 | $159,230 | $545,639 |
2017 | $3,111 | $268,912 | $0 | $268,912 |
2016 | $2,024 | $0 | $0 | $114,303 |
2015 | $1,034 | $145,003 | $145,003 | $0 |
2014 | $793 | $112,014 | $112,014 | $0 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
09/02/2025 09/02/25 | For Sale | $2,475,000 | -- | $441 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Interfamily Deed Transfer | -- | None Available | |
Warranty Deed | -- | None Available |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $637,500 | Farmers Home Administration |
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Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 4274333

APN: 25880
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