NOT LISTED FOR SALE

305 Magnolia Ridge Rd Swannanoa, NC 28778

Estimated Value: $541,425 - $617,000

3 Beds
2.5 Baths
1,883 Sq Ft
$306/Sq Ft Est. Value

Last Sold September 02, 2021

Last sale price $426,000 $226 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $3,254/month

190 Days on Market

Highlights

  • New Construction
  • Arts and Crafts Architecture
  • Walk-In Closet
  • Open Floorplan
  • Wood Flooring
  • Breakfast Bar

About This Home

As of September 2021

NEW CONSTRUCTION Quality workmanship and finishes by well known local builder. This 3 bedroom, 2.5 bath home offers open floor plan with granite countertops, finished in place hardwood floors, and tile bathrooms to keep allergens down. All bedrooms on upper level with, unfinished lower level with room for expansion and storage. Covered front porch, side deck, concrete drive, fenced back yard, and long range views of the mountains. Located in the beautiful Bee Tree community, Magnolia Ridge is a new home community close to Asheville Christian Academy, Charles D Owen Park, and Warren Wilson College, 10 minutes to Asheville and Black Mountain.

Last Agent to Sell the Property

Donette Moore-Douglass

Howard Hanna Beverly-Hanks Freestone Properties License #229189 Listed on: 01/25/2021

Howard Hanna Beverly-Hanks Freestone Properties

Last Buyer's Agent

Andy Rogers

Keller Williams Professionals License #301420

Keller Williams Professionals

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,515

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 4,356

Home Design

  • Arts and Crafts Architecture

Interior Spaces

  • Open Floorplan
  • Insulated Windows

Kitchen

  • Breakfast Bar
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Community Details

  • Built by Hazel Creek

Listing and Financial Details

  • Assessor Parcel Number 96889-17-2905-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,515

Year Built

Built in 2021 | New Construction

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story/Basement
  • Architectural Style: Arts and Crafts
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.99766
  • Ratio Close Price By Original Li: 1.00259
  • Ratio Current Price By Acre: 4260000.00
  • Ratio Current Price By Sq Ft: 226.23
  • Year Built: 2021
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Foundation Details: Basement, Basement Inside Entrance, Basement Outside Entrance, Block
  • Upper Level Sq Ft: 859
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Doors and Windows: g-Insulated Door(s), Insulated Windows
  • Equipment: Ceiling Fan(s), Dishwasher, Electric Oven, Electric Range, Microwave, Refrigerator
  • Flooring: Tile, Wood
  • Interior Amenities: Breakfast Bar, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s)
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 1024
  • Total Sq Ft: 1883
  • Sq Ft Unheated Basement: 1024
  • Sq Ft Unheated Total: 1024

Exterior Features

  • Construction: Hardboard Siding
  • Construction Type: Site Built
  • New Construction: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Driveway

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: WD Williams
  • Middle School: Charles D Owen
  • High School: Charles D Owen

Lot Info

  • Lot Features: Long Range View, Mountain View, Paved Frontage
  • Lot Size Area: 0.100
  • Parcel Number: 96889-17-2905-00000
  • Plat Book Slide: 208/69
  • Zoning Specification: RES

Building Info

  • Builder Name: Hazel Creek

Tax Info

  • Tax Location: Buncombe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2021
Closed on
Sep 2, 2021
Sold by
Hazel Creek Construction Llc
Bought by
Lockard Caron Brittany
Seller's Agent
Donette Moore-Douglass
Howard Hanna Beverly-Hanks Freestone Properties
Buyer's Agent
Andy Rogers
Keller Williams Professionals
List Price
$424,900
Sold Price
$426,000
Premium/Discount to List
$1,100
0.26%
Current Estimated Value
$576,356

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,356
Avg. Annual Appreciation
7.75%
Original Mortgage
$335,000
Outstanding Balance
$304,370
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$271,986
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
Lockard Caron Brittany $425,000 None Available
Caron Brittany Lockard $850 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Caron Brittany Lockard $335,000
Closed Caron Brittany Lockard $335,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2021 09/02/21 Sold $426,000 -0.2% $226 / Sq Ft
08/03/2021 08/03/21 Pending -- -- --
07/28/2021 07/28/21 Price Changed $427,000 +0.5% $227 / Sq Ft
07/28/2021 07/28/21 For Sale $424,900 0.0% $226 / Sq Ft
07/11/2021 07/11/21 Pending -- -- --
01/25/2021 01/25/21 For Sale $424,900 -- $226 / Sq Ft
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
2024 $2,515 $382,400 $35,900 $346,500
2023 $2,515 $382,400 $35,900 $346,500
2022 $2,401 $382,400 $35,900 $346,500
2021 $225 $35,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3701797

Canopy MLS (Canopy Realtor® Association)

APN: 9689-17-2905-00000