NOT LISTED FOR SALE

203 Magnolia Boone, NC 28607

Estimated Value: $809,000 - $1,269,000

4 Beds
4 Baths
2,042 Sq Ft
$481/Sq Ft Est. Value

Last Sold November 10, 2016

Last sale price $360,000 $176 Per Sq Ft

Est. 173% increase in value since last sale

Current estimated payment $5,665/month

Highlights

  • Golf Course Community
  • Gated Community
  • Private Membership Available
  • Valle Crucis Elementary School Rated A-
  • Mountain View
  • Clubhouse

About This Home

As of November 2016

Cozy four bedroom, four bath mountain home on a .483-acre over-sized lot! Vaulted beamed ceilings on the main level with a floor-to-ceiling stone, gas log fireplace in the living room. Level entry with two bedrooms located on the main floor, each with a full, private bath. View includes Grandfather Mountain across multiple portions of the golf course, with the Watauga River flowing around the second hole and a panorama of longer range mountain views. The main level deck to take in the views and serene setting is partially covered with an awning and partially open. There is a lower deck accessible by outside stairs or from the lower living area. The property is located at the end of Magnolia, a very private street with only three houses on the street. The house is air conditioned for cooling and heating with additional baseboard for heating. There is a two car carport connected to the house for dry entry. Home is being sold furnished with exceptions. Owners have landscaped the front of the house beautifully.

Last Agent to Sell the Property

John Morris

Hound Ears Real Estate Listed on: 08/09/2016

Last Buyer's Agent

John Morris

Hound Ears Real Estate Listed on: 08/09/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,306

Year Built

  • Built in 1969

Lot Details

  • 0.48 Acre Lot
  • Property fronts a private road
  • Zoning described as Deed Restrictions,Residential,Subdivision

HOA Fees

  • $288 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Carport
  • Driveway

Home Design

  • Mountain Architecture
  • Shake Roof
  • Wood Roof
  • Wood Siding
  • Stone

Interior Spaces

  • Stone Fireplace
  • Propane Fireplace
  • Double Pane Windows
  • Mountain Views
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Stream or River on Lot
  • Covered Patio or Porch

Schools

  • Valle Crucis Elementary School

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Private Sewer
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 1899-05-3479-000

Community Details

Overview

  • Private Membership Available
  • Hound Ears Subdivision

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,306

Year Built

Built in 1969

Lot Details

0

HOA Fees

$288 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.48
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: Hound Ears
  • Above Grade Finished Sq Ft: 1074.0
  • Architectural Style: Mountain
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Year Built: 1969
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Has Basement: Full, Finished
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 968.0
  • Fireplace Features: One, Stone, Propane
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 2042.0
  • Window Features: Double Pane Windows

Exterior Features

  • Pool Features: Community
  • View: Mountain(s)
  • View: Yes
  • Home Warranty: No
  • Construction Type: Stone, Wood Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Basement
  • Patio And Porch Features: Covered, Multiple, Open
  • Roof: Shake, Wood

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Carport, Driveway, Garage, Two Car Garage, Paved, Private

Utilities

  • Heating: Electric, Fireplace(s), Heat Pump, Other, See Remarks
  • Heating Yn: Yes
  • Sewer: Private Sewer
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Community/Coop

Condo/Co-op/Association

  • Community Features: Club Membership Available, Clubhouse, Golf, Gated, Pool, River, Tennis Court(s), Long Term Rental Allowed, Short Term Rental Allowed
  • Association Fee: 863.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

  • Elementary School: Valle Crucis

Lot Info

  • Parcel #: 1899-05-3479-000
  • Zoning Description: Deed Restrictions,Residential,Subdivision
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1306.0
  • Tax Book Number: 072/073

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 16, 2024
Sold by
Edward Farless Graham and Parrot Katherine
Bought by
Holcombe Kenneth Banks and Lee Jordan Talmadge
Current Estimated Value
$982,331

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,040,000
Outstanding Balance
$1,026,291
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
-$43,960

Purchase Details

Listed on
Aug 9, 2016
Closed on
Nov 7, 2016
Sold by
Smith James N and Smith Sue T
Bought by
Farless Graham Edward and Farless Katherine Parrott
Seller's Agent
John Morris
Hound Ears Real Estate
Buyer's Agent
John Morris
Hound Ears Real Estate
List Price
$360,000
Sold Price
$360,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.90%
Original Mortgage
$280,000
Interest Rate
3.47%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Holcombe Kenneth Banks $1,300,000 None Listed On Document
Farless Graham Edward -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holcombe Kenneth Banks $1,040,000
Previous Owner Farless Graham Edward $280,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/10/2016 11/10/16 Sold $360,000 0.0% $176 / Sq Ft
10/11/2016 10/11/16 Pending -- -- --
08/09/2016 08/09/16 For Sale $360,000 -- $176 / Sq Ft
Source: High Country Association of REALTORS®

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 $2,029 $523,500 $85,600 $437,900
2023 $2,006 $523,500 $85,600 $437,900
2022 $2,006 $523,500 $85,600 $437,900
2021 $1,676 $352,300 $59,000 $293,300
2020 $1,676 $352,300 $59,000 $293,300
2019 $1,676 $352,300 $59,000 $293,300
2018 $1,500 $352,300 $59,000 $293,300
2017 $1,431 $352,300 $59,000 $293,300
2013 -- $356,800 $78,700 $278,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 39204008

High Country Association of REALTORS®

APN: 1899-05-3479-000