NOT LISTED FOR SALE

307 Magnolia Ridge Rd Unit 3 Swannanoa, NC 28778

Estimated Value: $531,000 - $596,000

4 Beds
3.5 Baths
2,125 Sq Ft
$260/Sq Ft Est. Value

Last Sold July 26, 2024

Last sale price $562,500 $265 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $3,032/month

53 Days on Market

Highlights

  • Under Construction
  • Wood Flooring
  • Laundry Room
  • Deck
  • Covered Patio or Porch
  • Central Air

About This Home

As of July 2024

Welcome to this stunning new construction home located in the Bee Tree community of Swannanoa built by well respected and long time local builder. Featuring four spacious bedrooms and three and a half bathrooms, this home boasts an open floor plan that seamlessly integrates living, dining, and entertaining spaces. Natural light floods the interior, accentuating the exquisite craftsmanship and high-end finishes throughout. One of the highlights of this home is its breathtaking mountain views, visible from the expansive, covered back deck. The finished basement offers even more living space with a recreation/bonus room, bedroom and full bathroom. Conveniently located just 5 minutes from local shopping and restaurants, 10 minutes from Black Mountain and 15 minutes from downtown Asheville.

Last Agent to Sell the Property

Katie Myers

Realty ONE Group Pivot Hendersonville Brokerage Email: katiemyers@rogpivot.com License #319632 Listed on: 04/29/2024

Realty ONE Group Pivot Hendersonville

Last Buyer's Agent

Lynda Rhodes

Mt. Valley Prop. of Asheville License #236367

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,179

Year Built

  • Built in 2024 | Under Construction

Lot Details

  • Paved or Partially Paved Lot

Home Design

  • Hardboard

Interior Spaces

  • 2-Story Property
  • Basement
  • Interior and Exterior Basement Entry
  • Laundry Room

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

Parking

  • Driveway
  • 2 Open Parking Spaces

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • Wd Williams Elementary School
  • Charles D Owen Middle School
  • Charles D Owen High School

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • Built by Hazel Creek Construction LLC
  • Magnolia Ridge Subdivision, Hazel Creek Construction Floorplan

Listing and Financial Details

  • Assessor Parcel Number 968917294900000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,179

Year Built

Built in 2024 | Under Construction

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2024
  • Restrictions: Subdivision
  • Proposed Completion Date: 2024-05-31
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 264.71
  • Bedroom Lower: 0
  • Geocode Confidence: High
  • Attribution Contact: katiemyers@rogpivot.com
  • Special Features: 4098

Interior Features

  • Foundation Details: Basement
  • Fireplace: No
  • Flooring: Tile, Vinyl, Wood
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 742
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 101
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 101
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 742
  • Appliances: Dishwasher, Disposal, Electric Range, Refrigerator
  • Above Grade Finished Sq Ft: 1484
  • Has Basement: Exterior Entry, Interior Entry
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 641
  • Living Area: 2125
  • Bedroom Main: 0
  • Room Count: 14
  • Bedroom Basement: 1
  • Bedroom Third: 0

Exterior Features

  • New Construction: Yes
  • Roof: Shingle
  • Construction Type: Site Built
  • Construction Type: Hardboard Siding
  • Patio And Porch Features: Covered, Deck, Front Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Main Level
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Charles D Owen
  • HOA Subject To: Required

Lot Info

  • Lot Features: Paved
  • Lot Size Area: 0.1
  • Lot Size Units: Acres
  • Parcel Number: 968917294900000
  • Plat Book Slide: 208/69
  • Development Status: Under Construction
  • ResoLotSizeUnits: Acres
  • Zoning Specification: None

Building Info

  • Builder Name: Hazel Creek Construction LLC

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2024
Closed on
Jul 24, 2024
Sold by
Hazel Creek Construction Llc
Bought by
Rhodes Randall Scott and Rhodes Alissa Nicole
Seller's Agent
Katie Myers
Realty ONE Group Pivot Hendersonville
Buyer's Agent
Lynda Rhodes
Mt. Valley Prop. of Asheville
List Price
$575,000
Sold Price
$562,500
Premium/Discount to List
-$12,500
-2.17%
Views
21
Current Estimated Value
$553,301

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,199
Avg. Annual Appreciation
-1.35%
Original Mortgage
$400,000
Outstanding Balance
$394,240
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$159,061
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
Rhodes Randall Scott $562,500 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rhodes Randall Scott $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2024 07/26/24 Sold $562,500 -1.9% $265 / Sq Ft
06/11/2024 06/11/24 Price Changed $573,500 -0.3% $270 / Sq Ft
04/29/2024 04/29/24 For Sale $575,000 -- $271 / 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
2025 $1,179 $179,300 $35,900 $143,400
2024 $1,179 $179,300 $35,900 $143,400
2023 $1,179 $35,900 $35,900 $0
2022 $225 $35,900 $0 $0
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: 4131198

Canopy MLS (Canopy Realtor® Association)

APN: 9689-17-2949-00000