NOT LISTED FOR SALE

309 E Main St Magnolia, NC 28453

Estimated Value: $135,000 - $168,000

2 Beds
2 Baths
1,470 Sq Ft
$105/Sq Ft Est. Value

Last Sold November 30, 2022

Last sale price $143,000 $97 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $878/month

88 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Combination Dining and Living Room
  • Covered patio or porch
  • Central Air
  • Ceiling Fan

About This Home

As of November 2022

Bring Offers! Seller is motivated! Looking for a updated home? Step inside this mid century home sitting the heart of the town of Magnolia and see all it has to offer. The home features a large covered front porch perfect for rocking or watching while you drink your morning coffee or watch the evening fireflies. Step inside and find a spacious foyer, 2 bedrooms, with potential to have 4 if needed, 2 baths, a formal living room, and den. The home has just had renovations to include fresh white paint, and new vinyl flooring. One bathroom has been updated with a new sink, faucet and countertop. The large open kitchen features a wall oven and formica countertops. Outside enjoy a metal carport which will convey to buyer. Seller had a new survey completed in July 2020 which reflects lot to be .67+/- of an acre. A storage building in the back yard is perfect for a small workshop or extra storage space. On site well is in need of repair but, was previously used for lawn watering. Home has water and sewer and trash pick up. Termite bond is in place - transfer fee applies. Buyer to verify heated sq footage- MLS data based off county records. This home is move in ready and will not last long! Seller prefers an as is sale due to extensive updates already completed.

Last Agent to Sell the Property

Valerie Johnson

Johnson Realty License #241499 Listed on: 08/02/2022

Last Buyer's Agent

Brittany Allen

Keller Williams Innovate-Wilmington License #242022

Keller Williams Innovate-Wilmington

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,201

Year Built

  • Built in 1950

Lot Details

  • 0.67

Home Design

  • Wood Frame Construction
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,470 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Combination Dining and Living Room
  • Crawl Space

Kitchen

  • Built-In Oven
  • Electric Cooktop

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Parking

  • Dirt Driveway
  • Off-Street Parking

Schools

  • Rose Hill-Magnolia Elementary And Middle School
  • Wallace-Rose Hill High School

Utilities

  • Central Air
  • Heating System Uses Propane
  • Propane
  • Fuel Tank
  • Municipal Trash

Additional Features

  • Energy-Efficient HVAC
  • Covered patio or porch
  • 0.67 Acre Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 12 815

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,201

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: A
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1950
  • Trash Collection: City Pick-UP
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: See Remarks
  • Heated Sq Ft: 1400 - 1599
  • Interior Amenities: Ceiling Fan(s)
  • Laundry Location: Hookup - Dryer, Hookup - Washer, Room
  • List Price per Sq Ft: 114.97
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2
  • Number Rooms: 6
  • Sq Ft Heated: 1470.00
  • Total Heated Primary Separate Sq Ft: 1470.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Vinyl Siding
  • Fencing: None
  • Foundation: Crawl Space
  • On Site Pool Spa: None
  • Porch Balcony Deck: Covered, Porch
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: See Remarks
  • Waterfront: No

Garage/Parking

  • Parking Driveway: Dirt, Off Street, See Remarks

Utilities

  • Appliances Equipment: Cooktop - Electric, Wall Oven
  • Cooling System: Central
  • Fuel Tank: Propane Above Ground
  • Fuel Tank Ownership: Leased
  • Heating System: Gas Pack
  • Utilities: Municipal Sewer Available, Municipal Water Available
  • HeatingSystemFuelSource: Propane Gas

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities

Lot Info

  • Deed Book: 20E
  • Deed Page: 93.00
  • Lot Acres: 0.67
  • Lot Dimensions: see survey map
  • Lot Sq Ft: 1470.00
  • Plat Book: 32
  • Plat Page: 58
  • Zoning: residential

Tax Info

  • Tax Identifier: 12 815
  • Tax Year: 2018
  • Total Real Estate Property Taxes: 1200.96

MLS Schools

  • Elementary School: Rose Hill-Magnolia
  • High School: Wallace-Rose Hill
  • Middle School: Rose Hill-Magnolia

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2022
Closed on
Nov 30, 2022
Sold by
Alex Buyffrit Hjennry
Bought by
Boruy Gerritt Cmnith and Smith Boney Jerritt
Seller's Agent
Valerie Johnson
Johnson Realty
Buyer's Agent
Brittany Allen
Keller Williams Innovate-Wilmington
List Price
$189,900
Sold Price
$143,000
Premium/Discount to List
-$46,900
-24.7%
Total Days on Market
88
Views
99
Current Estimated Value
$154,498

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,498
Avg. Annual Appreciation
3.14%
Original Mortgage
$108,000
Outstanding Balance
$105,099
Interest Rate
6.58%
Estimated Equity
$49,399

Purchase Details

Listed on
Aug 2, 2022
Closed on
Nov 29, 2022
Sold by
Howard Mary Ann
Bought by
Michaels Ronald E and Michaels Pegeen M
Seller's Agent
Valerie Johnson
Johnson Realty
Buyer's Agent
Brittany Allen
Keller Williams Innovate-Wilmington
List Price
$189,900
Sold Price
$143,000
Premium/Discount to List
-$46,900
-24.7%
Views
99

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Outstanding Balance
$105,099
Interest Rate
6.58%
Estimated Equity
$49,399

Purchase Details

Closed on
Sep 21, 2020
Sold by
Howard Mary Ann and Howard Hubert Lee
Bought by
Howard Mary Ann

Purchase Details

Closed on
Apr 13, 1993
Bought by
Howard Hubert Lee
Source: Public Records

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Range of Values:

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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
Boruy Gerritt Cmnith -- --
Michaels Ronald E $143,000 --
Howard Mary Ann -- None Available
Howard Hubert Lee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boruy Gerritt Cmnith $108,000
Closed Michaels Ronald E $108,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2022 11/30/22 Sold $143,000 -15.4% $97 / Sq Ft
10/29/2022 10/29/22 Pending -- -- --
10/13/2022 10/13/22 Price Changed $169,000 -5.6% $115 / Sq Ft
09/27/2022 09/27/22 Price Changed $179,000 -5.7% $122 / Sq Ft
08/02/2022 08/02/22 For Sale $189,900 -- $129 / Sq Ft
Source: Hive MLS

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 $694 $49,400 $13,300 $36,100
2023 $699 $49,400 $13,300 $36,100
2022 $699 $50,800 $13,300 $37,500
2021 $0 $50,800 $13,300 $37,500
2020 $412 $56,000 $18,500 $37,500
2019 $1,236 $56,000 $18,500 $37,500
2018 $1,236 $56,000 $18,500 $37,500
2016 $1,078 $51,300 $18,500 $32,800
2013 $1,042 $51,300 $18,500 $32,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100342469

Hive MLS

APN: 12-815