NOT LISTED FOR SALE

201 Magnolia Ln Archdale, NC 27263

Estimated Value: $574,000 - $648,000

4 Beds
4 Baths
3,411 Sq Ft
$182/Sq Ft Est. Value

Last Sold October 24, 2024

Last sale price $607,500 $178 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,809/month

About This Home

As of October 2024

MULTIPLE OFFERS HIGHEST/BEST BY 3:00 pm THURSDAY 9/19. Nestled on a generous double lot, this spacious abode boasts gleaming hardwood floors throughout. The kitchen features a custom granite island, custom cabinets from Schrocks of Walnut Creek, adjacent to an impressive two-story foyer, an elegant formal dining room and living spaces. The main-floor master suite offers a sizable bathroom complete with a Jacuzzi tub/separate shower. The main level also includes a nice size laundry room. Upstairs, find two additional bedrooms, plus a fourth bedroom in the bonus room with a substantial walk-in closet—a space ripe for conversion into two separate rooms. The walk-in attic presents ample opportunity for future expansions. Outside, custom Trex deck invites outdoor entertainment or peaceful birdwatching in the vast backyard. The residence is equipped with a whole-house generator for uninterrupted power supply during outages. A large three-car side-entry garage completes this remarkable home.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2024
Closed on
Oct 19, 2024
Sold by
Sheila B Burwell Revocable Trust and Burwell Sheila B
Bought by
Alam Naveed and Sabir Sadia
Seller's Agent
Caroline McKinley
Triad Lifestyle Realty
Buyer's Agent
Scott Myers
Price REALTORS
List Price
$599,500
Sold Price
$607,500
Premium/Discount to List
$8,000
1.33%
Views
27
Current Estimated Value
$621,767

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,267
Avg. Annual Appreciation
2.45%
Original Mortgage
$410,000
Outstanding Balance
$405,566
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
$216,201

Purchase Details

Closed on
Oct 24, 2018
Sold by
Brewer Stephen Gary and Brewer Eva Ann
Bought by
Burwell Sheila B and Sheila B Burwell Revocable Tru

Purchase Details

Listed on
Feb 9, 2012
Closed on
Jun 29, 2012
Sold by
Obuckley Charles J and Obuckley Susan M
Bought by
Brewer Stephan Gary and Brewer Eva Ann
Seller's Agent
Linda Beck
Howard Hanna Allen Tate High Point
Buyer's Agent
Laura Faircloth Gault
Coldwell Banker Advantage
List Price
$350,000
Sold Price
$335,000
Premium/Discount to List
-$15,000
-4.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.76%

Purchase Details

Closed on
Jul 31, 2007
Sold by
Earnhardt Builders Inc
Bought by
Obuckley Charles J and Obuckley Susan M
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
Alam Naveed $607,500 None Listed On Document
Alam Naveed $607,500 None Listed On Document
Burwell Sheila B -- None Available
Brewer Stephan Gary $335,000 None Available
Obuckley Charles J $45,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alam Naveed $410,000
Closed Alam Naveed $410,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/24/2024 10/24/24 Sold $607,500 +1.3% $178 / Sq Ft View Prior Sale
09/19/2024 09/19/24 Pending -- -- --
09/14/2024 09/14/24 For Sale $599,500 +79.0% $176 / Sq Ft
06/29/2012 06/29/12 Sold $335,000 -4.3% $98 / Sq Ft View Prior Sale
06/11/2012 06/11/12 Pending -- -- --
02/09/2012 02/09/12 For Sale $350,000 -- $103 / Sq Ft

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 $5,992 $581,600 $70,140 $511,460
2023 $5,992 $581,600 $70,140 $511,460
2022 $4,333 $365,680 $42,000 $323,680
2021 $4,333 $365,680 $42,000 $323,680
2020 $4,234 $365,680 $42,000 $323,680
2019 $4,234 $365,680 $42,000 $323,680
2018 $3,563 $299,680 $42,000 $257,680
2016 $3,492 $299,682 $42,000 $257,682
2015 $3,501 $299,682 $42,000 $257,682
2014 -- $299,682 $42,000 $257,682
Source: Public Records

Agents Affiliated with this Home

  • Caroline McKinley

    Seller's Agent in 2024

    Caroline McKinley

    Triad Lifestyle Realty

    (336) 803-1970

    3 in this area

    78 Total Sales

    Caroline McKinley
    Section Image
  • Scott Myers

    Buyer's Agent in 2024

    Scott Myers

    Price REALTORS

    (336) 906-4069

    9 in this area

    81 Total Sales

    Scott Myers
    Section Image
  • Linda Beck

    Seller's Agent in 2012

    Linda Beck

    Howard Hanna Allen Tate High Point

    (336) 803-2533

    5 in this area

    322 Total Sales

    Linda Beck
    Section Image
  • Laura Faircloth Gault

    Buyer's Agent in 2012

    Laura Faircloth Gault

    Coldwell Banker Advantage

    (336) 558-7771

    5 in this area

    114 Total Sales

    Laura Faircloth Gault
    Section Image
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Map

North Carolina Randolph County Archdale 27263

201 Magnolia Ln, Archdale, NC

This home is located at 201 Magnolia Ln, Archdale, NC 27263 and is currently estimated at $621,767, approximately $182 per square foot. 201 Magnolia Ln is a home located in Randolph County with nearby schools including Trindale Elementary School, Wheatmore Middle School, and Trinity High School.

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