NOT LISTED FOR SALE

321 Magnolia St Davidson, NC 28036

Estimated Value: $916,000 - $1,220,000

3 Beds
2.5 Baths
2,668 Sq Ft
$383/Sq Ft Est. Value

Last Sold May 26, 2021

Last sale price $710,000 $266 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $6,152/month

1 Day on Market

Highlights

  • Open Floorplan
  • Arts and Crafts Architecture
  • Fireplace
  • Davidson Elementary School Rated A-
  • Wood Flooring
  • Attached Garage

About This Home

As of May 2021

Beautiful Craftsman style home just two blocks from Main Street in Davidson! Easy walk to Davidson College, dining, shopping, CSD and entertainment. Hard to find this price in such a popular Davidson location!
Home sits on a .25 acre level lot and backs up to a tree-filled space for great rear protection. Quiet in-town street with no HOA. 3BR, 2.5 Bath plus a bonus room on second floor. Owners' suite w/spacious master closet on main level. Eat-in kitchen opens to a large, great room featuring numerous windows and a lovely stacked stone fireplace. Laundry room, drop zone and a great office with bay window. Covered porches front & rear of home. Large 2-car, side load garage and a spacious backyard with a sport court. Seller can remove sport court and basketball goal if buyer would like. Large upstairs bath has dual vanities. Bonus room would be a great rec room or theatre. Exterior of home painted 2020. Pictures coming Thursday.

Last Agent to Sell the Property

Mary Lib Richards

Keller Williams Lake Norman License #246140 Listed on: 04/17/2021

Keller Williams Lake Norman

Co-Listed By

Jim Richards

Keller Williams Lake Norman License #270309

Last Buyer's Agent

Therese Moreley

Allen Tate Huntersville License #297079

Allen Tate Huntersville

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2005

Lot Details

  • Level Lot
  • Many Trees

Parking

  • Attached Garage

Home Design

  • Arts and Crafts Architecture
  • Stone Siding

Interior Spaces

  • Open Floorplan
  • Fireplace
  • Insulated Windows
  • Window Treatments
  • Crawl Space
  • Oven

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Garden Bath

Utilities

  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Community Details

  • Built by Hopkins Construction

Listing and Financial Details

  • Assessor Parcel Number 003-272-75

Home Details

Home Type

Single Family

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story
  • Architectural Style: Arts and Crafts
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.09231
  • Ratio Close Price By Original Li: 1.09231
  • Ratio Current Price By Acre: 2840000.00
  • Ratio Current Price By Sq Ft: 266.12
  • Year Built: 2005
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 1116
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Doors and Windows: Insulated Windows
  • Equipment: Cable Prewire, Ceiling Fan(s), CO Detector, Cooktop Gas, Dishwasher, Disposal, Microwave, Natural Gas, Oven, Warming Drawer
  • Fireplace Description: Great Room
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Built-Ins, Cable Available, Garden Tub, Open Floorplan, Walk-In Closet(s), Window Treatments
  • Laundry Location: Main, Laundry Room
  • Room Count: 2
  • Main Level Sq Ft: 1552
  • Total Sq Ft: 2668
  • Sq Ft Unheated Main: 541
  • Sq Ft Unheated Total: 541

Exterior Features

  • Construction: Fiber Cement, Stone
  • Construction Type: Site Built
  • Exterior Features: Satellite Internet Available, Wired Internet Available

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Driveway, Garage - 2 Car, On-Street Parking, Parking Space - 2, Side Load Garage

Utilities

  • Heating: Central Air, Gas Hot Air Furnace, Natural Gas
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Schools

  • Elementary School: Davidson
  • Middle School: Davidson
  • High School: William Amos Hough

Lot Info

  • Lot Dimension: 119x127x70x116
  • Lot Features: g-Infill Lot, Level, Paved Frontage, Trees
  • Lot Size Area: 0.250
  • Parcel Number: 003-272-75
  • Zoning Specification: VIP

Building Info

  • Builder Name: Hopkins Construction

Tax Info

  • Tax Value: 457500.00
  • Tax Location: Davidson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2021
Closed on
May 26, 2021
Sold by
Burnette Kenneth C and Burnette Kimberly L
Bought by
Mckown Simon and Campbell Michelle Mckown
Seller's Agent
Mary Lib Richards
Keller Williams Lake Norman
Buyer's Agent
Therese Moreley
Allen Tate Huntersville
List Price
$650,000
Sold Price
$710,000
Premium/Discount to List
$60,000
9.23%
Current Estimated Value
$1,021,150

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$311,150
Avg. Annual Appreciation
7.27%
Original Mortgage
$548,250
Outstanding Balance
$505,596
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$439,161

Purchase Details

Closed on
Jun 13, 2013
Sold by
Harris Mark S and Harris Kristin
Bought by
Burnette Kenneth C and Burnette Kimberly L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 23, 2004
Sold by
Hopkins James M and Hopkins Desna K
Bought by
Harris Mark S and Harris Kristin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,590
Interest Rate
5.25%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 23, 2002
Sold by
Hopkins & Hopkins Construction Co Inc
Bought by
Hopkins James M and Hopkins Desna K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
6.67%
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
Mckown Simon $710,000 Master Title Agency Llc
Burnette Kenneth C $365,000 None Available
Harris Mark S $60,000 --
Hopkins James M $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mckown Simon $548,250
Previous Owner Burnette Kenneth C $188,600
Previous Owner Burnette Zeb $105,000
Previous Owner Burnette Kenneth C $292,000
Previous Owner Harris Mark S $253,500
Previous Owner Harris Mark S $255,700
Previous Owner Harris Mark S $269,590
Previous Owner Hopkins James M $52,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2021 05/26/21 Sold $710,000 +9.2% $266 / Sq Ft
04/19/2021 04/19/21 Pending -- -- --
04/17/2021 04/17/21 For Sale $650,000 -- $244 / 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
2023 $5,562 $746,500 $224,300 $522,200
2022 $4,349 $457,500 $150,000 $307,500
2021 $4,390 $457,500 $150,000 $307,500
2020 $4,390 $457,500 $150,000 $307,500
2019 $4,384 $457,500 $150,000 $307,500
2018 $4,797 $389,400 $150,000 $239,400
2017 $4,764 $389,400 $150,000 $239,400
2016 $4,761 $389,400 $150,000 $239,400
2015 $4,757 $389,400 $150,000 $239,400
2014 $4,755 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3725465

Canopy MLS (Canopy Realtor® Association)

APN: 003-272-75