NOT LISTED FOR SALE

2 Magnolia Farms Dr Unit 33 Asheville, NC 28806

West Asheville Neighborhood

Estimated Value: $51,420 - $68,000

0.5 Acre
$119,420 Price per Acre
21,780 Sq Ft Lot

Last Sold February 28, 2020

Last sale price $32,500

Est. 84% increase in value since last sale

Current estimated payment $367/month

163 Days on Market

About This Lot

As of February 2020

Wonderful Lot With Beautiful Views; Located Just Minutes to Vibrant Downtown Asheville & The French Broad River.
Nestled Among Lush Rolling Hills, Green Pastures, Majestic Trees & Defining Ridge-Lines. This Easy Build Site Is In A Well Established Upscale Private Community w/Gently Lit Paved Roadways, Spacious Home Sites & Underground Utilities That Preserve Natures Tranquility. 3 Bedroom Septic Approval. Close to Schools, Dining & Shopping. Great In House Builder If Needed. Come See Magnolia Farms. Other Lots Available

Last Agent to Sell the Property

Marie Reed

Keller Williams Professionals Asheville License #244191 Listed on: 07/31/2019

Keller Williams Professionals Asheville

Last Buyer's Agent

Tatyana Voznyuk

Mountains Realty LLC License #250478

Property Details

Property Type

  • Land

Lot Details

HOA Fees

  • $30 Monthly HOA Fees

Community Details

  • Ron Hilton Association, Phone Number (239) 777-2062

Listing and Financial Details

  • Assessor Parcel Number 9720-51-6623-00000

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$30 per month

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.81454
  • Ratio Close Price By Original Li: 0.81454
  • Ratio Current Price By Acre: 65000.00
  • Restrictions: Manufactured Home Not Allowed
  • Restrictions Description: Yes
  • Special Features: None

Interior Features

  • H O A Management Phone: 239-777-2062

Utilities

  • Sewer: Septic Tank
  • Water: City Water

Condo/Co-op/Association

  • Association Fee: 360.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Ron Hilton
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Lot Features: Paved Frontage, Year Round View
  • Parcel Number: 9720-51-6623-00000
  • Zoning Specification: OU
  • Plat Book Slide: 114/94
  • Plat Reference Section Pages: 942

Tax Info

  • Tax Value: 46600.00
  • Tax Location: Buncombe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2019
Closed on
Feb 20, 2020
Sold by
R And B Farm Llc
Bought by
Krutiy Mikhail and Krutiy Larisa
Seller's Agent
Marie Reed
Keller Williams Professionals Asheville
Buyer's Agent
Tatyana Voznyuk
Mountains Realty LLC
List Price
$39,900
Sold Price
$32,500
Premium/Discount to List
-$7,400
-18.55%
Current Estimated Value
$59,710

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,210
Avg. Annual Appreciation
11.20%
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
Krutiy Mikhail $32,500 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2020 02/28/20 Sold $32,500 -18.5% --
01/10/2020 01/10/20 Pending -- -- --
10/03/2019 10/03/19 For Sale $39,900 0.0% --
09/09/2019 09/09/19 Pending -- -- --
07/31/2019 07/31/19 For Sale $39,900 -- --
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
2025 $258 $39,500 $39,500 --
2024 $258 $39,500 $39,500 --
2023 $258 $39,500 $39,500 $0
2022 $246 $39,500 $0 $0
2021 $246 $39,500 $0 $0
2020 $312 $46,600 $0 $0
2019 $312 $46,600 $0 $0
2018 $307 $46,600 $0 $0
2017 $307 $26,200 $0 $0
2016 $190 $26,200 $0 $0
2015 $190 $26,200 $0 $0
2014 $184 $26,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3524969

Canopy MLS (Canopy Realtor® Association)

APN: 9720-51-6623-00000