NOT LISTED FOR SALE

308 Magnolia Ridge Rd Unit 8 Swannanoa, NC 28778

Estimated Value: $554,000 - $641,000

4 Beds
2.5 Baths
1,982 Sq Ft
$294/Sq Ft Est. Value

Last Sold August 15, 2022

Last sale price $488,550 $246 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,302/month

27 Days on Market

Highlights

  • Under Construction
  • Walk-In Closet
  • Kitchen Island
  • Wood Flooring
  • Laundry Room
  • Paved or Partially Paved Lot

About This Home

As of August 2022

UNDER CONSTRUCTION! 4 bedroom, 2.5 bath new construction by well known local builder in the Bee Tree community of Swannanoa. Main floor offers a large kitchen complete with stone countertops and breakfast nook, living room and primary suite while upstairs boasts three additional bedrooms and one bathroom. Open the doors to the side porch and enjoy the fresh air as you entertain in the dining room. Quality craftsmanship and finishes. Unfinished basement with option to finish. Magnolia Ridge is a new home community close to WD Williams Elementary, and Warren Wilson College and is conveniently located to both Asheville and Black Mountain.

Last Agent to Sell the Property

Katie Myers

Realty ONE Group Pivot Hendersonville License #319632 Listed on: 01/29/2022

Realty ONE Group Pivot Hendersonville

Last Buyer's Agent

Marcos Aleman

Fathom Realty NC LLC License #315439

Fathom Realty NC LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,497

Year Built

  • Built in 2022 | Under Construction

Lot Details

  • Paved or Partially Paved Lot
  • Property is zoned R-3, R-3

Parking

  • Driveway

Home Design

  • Hardboard

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Schools

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

Additional Features

  • Laundry Room
  • Heat Pump System

Community Details

  • Built by Hazel Creek Construction, LLC
  • Magnolia Ridge Subdivision
  • Mandatory Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 9689-18-1190-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,497

Year Built

Built in 2022 | Under Construction

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2022
  • Ratio Current Price By Acre: 4885500.00
  • Doors and Windows: g-Insulated Door(s),Insulated Windows
  • Special Assessment Yn: 0
  • Proposed Completion Date: 2022-08-31
  • Road Surface Type: Concrete
  • Structure Type: Two Story/Basement
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 246.49
  • Special Features: NewHome

Interior Features

  • Foundation Details: Basement
  • Fireplace: No
  • Flooring: Tile, Wood
  • Interior Amenities: Kitchen Island, Walk-In Closet(s)
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1221
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 1047
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 1047
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 761
  • Porch: Side
  • Appliances: Dishwasher, Disposal, Electric Oven, Electric Range, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Living Area: 1982
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • New Construction: Yes
  • Roof: Shingle
  • Construction Status: Under Construction
  • Tax Location: No City Taxes Paid
  • Construction Type: Site Built
  • Construction Type: Hardboard Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Sq Ft Garage: 0
  • Parking Features: Driveway, Parking Space - 2

Utilities

  • Heating: Heat Pump, Heat Pump
  • Sewer: Public Sewer
  • Water Heater: Electric
  • Laundry Features: Main Level
  • Water Source: Public

Condo/Co-op/Association

  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Features: Mountain View, Paved
  • Lot Size Area: 0.1
  • Lot Size Units: Acres
  • Parcel Number: 9689-18-1190-00000
  • Zoning Description: R-3
  • ResoLotSizeUnits: Acres

Building Info

  • Builder Name: Hazel Creek Construction, LLC

Tax Info

  • RATIO List Price By Tax Amount: 13.50975

Multi Family

  • Unit Count: 0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2022
Closed on
Aug 12, 2022
Sold by
Hazel Creek Construction Llc
Bought by
Griffin Jason D and Price Ami E
Seller's Agent
Katie Myers
Realty ONE Group Pivot Hendersonville
Buyer's Agent
Marcos Aleman
Fathom Realty NC LLC
List Price
$485,000
Sold Price
$488,550
Premium/Discount to List
$3,550
0.73%
Current Estimated Value
$583,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,111
Avg. Annual Appreciation
5.79%
Source: Public Records

Range of Values:

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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
Griffin Jason D $485,000 Goosmann Rose Colvard & Cramer
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2022 08/15/22 Sold $488,550 +0.7% $246 / Sq Ft
02/25/2022 02/25/22 Pending -- -- --
01/29/2022 01/29/22 For Sale $485,000 -- $245 / 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 $2,497 $383,700 $36,400 $347,300
2024 $2,497 $379,700 $35,900 $343,800
2023 $2,497 $379,700 $35,900 $343,800
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: 3822520

Canopy MLS (Canopy Realtor® Association)

APN: 9689-18-1190-00000