NOT LISTED FOR SALE

388 Magnolia Ln Newton, AL 36352

Estimated Value: $329,000 - $344,000

4 Beds
2.5 Baths
2,443 Sq Ft
$138/Sq Ft Est. Value

Last Sold July 28, 2023

Last sale price $319,642 $131 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,957/month

27 Days on Market

Highlights

  • New Construction
  • Traditional Architecture
  • Double Pane Windows
  • Wicksburg High School Rated A-
  • Covered patio or porch
  • Cooling Available

About This Home

As of July 2023

This home is located at 388 Magnolia Ln, Newton, AL 36352 since 28 February 2023 and is currently estimated at $336,356, approximately $137 per square foot. This property was built in 2023. 388 Magnolia Ln is a home located in Houston County with nearby schools including Wicksburg High School.

Last Agent to Sell the Property

Robert Hewes

Coldwell Banker/Alfred Saliba Brokerage Phone: 3347936600 License #65695 Listed on: 02/28/2023

Coldwell Banker/Alfred Saliba

Last Buyer's Agent

Kimberly Thomas

Lan Darty Real Estate & Development License #97230

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $995

Year Built

  • Built in 2023 | New Construction

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Roof

Interior Spaces

  • 2,443 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Entrance Foyer

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Separate Shower

Schools

  • Wicksburg Elementary And Middle School
  • Wicksburg High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Septic Tank

Additional Features

  • Covered patio or porch
  • Lot Dimensions are 70 x 189 x 186 x 220

Community Details

  • Property has a Home Owners Association
  • Thomley Ridge Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property

Home Details

Home Type

Single Family

Est. Annual Taxes

$995

Year Built

Built in 2023 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 70 x 189 x 186 x 220
  • Exclusions: Y
  • Subdivision Name: Thomley Ridge
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: Yes
  • Building Stories: 1
  • Year Built: 2023
  • ResoBuildingAreaSource: Plans
  • Attribution Contact: 3347936600
  • Special Features: NewHome
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Microwave, Range
  • Accessibility Features: Not Handicap Accessible
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Other Rooms (See Remarks), Entrance Foyer
  • Living Area: 2443
  • Window Features: Double Pane Windows
  • ResoLivingAreaSource: Plans
  • RoomBedroomFeatures: Split Bedroom
  • Bedroom/Bathroom Features: Separate Shower

Exterior Features

  • Fencing: None
  • Pool Features: None
  • Pool Private: No
  • Waterfront Features: No Waterfront
  • Waterfront: No
  • Home Warranty: Yes
  • Construction Type: Brick
  • Foundation Details: Slab
  • Patio And Porch Features: Covered
  • Property Condition: New Construction
  • Roof: Asphalt

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Car
  • Total Parking Spaces: 2

Utilities

  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Electric: Wiregrass Electric
  • Sewer: Septic Tank
  • Utilities: County Trash Service
  • Water Source: Public, City

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Wicksburg
  • High School: Wicksburg
  • Middle Or Junior School: Wicksburg

Lot Info

  • Parcel #: 0

Tax Info

  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2023
Closed on
Jul 28, 2023
Sold by
Alfred Saliba Corp
Bought by
Cornetto John P
Seller's Agent
Robert Hewes
Coldwell Banker/Alfred Saliba
Buyer's Agent
Kimberly Thomas
Lan Darty Real Estate & Development
List Price
$314,900
Sold Price
$319,642
Premium/Discount to List
$4,742
1.51%
Views
11
Current Estimated Value
$336,356

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,714
Avg. Annual Appreciation
1.77%
Original Mortgage
$330,190
Outstanding Balance
$324,257
Interest Rate
6.81%
Mortgage Type
Construction
Estimated Equity
$6,204
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
Cornetto John P $319,642 Title Order Nbr Only
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cornetto John P $330,190
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2023 07/28/23 Sold $319,642 +1.5% $131 / Sq Ft
03/28/2023 03/28/23 Pending -- -- --
02/28/2023 02/28/23 For Sale $314,900 -- $129 / Sq Ft
Source: Dothan Multiple Listing Service (Southeast Alabama Association of REALTORS®)

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 $995 $32,900 $0 $0
2023 $995 $3,200 $0 $0
2022 $94 $3,200 $0 $0
2021 $94 $3,200 $0 $0
2020 $94 $3,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2023

    Robert Hewes

    Coldwell Banker/Alfred Saliba

    (334) 596-6677

    223 Total Sales

    Robert Hewes
    Section Image

  • K

    Buyer's Agent in 2023

    Kimberly Thomas

    Lan Darty Real Estate & Development

    31 Total Sales

    Kimberly Thomas
    Section Image
See All Agents

Map

Source: Dothan Multiple Listing Service (Southeast Alabama Association of REALTORS®)

MLS Number: 189411

APN: 07-05-15-0-001-010-000

Alabama Houston County Newton 36352

388 Magnolia Ln, Newton, AL

This home is located at 388 Magnolia Ln, Newton, AL 36352 since 28 February 2023 and is currently estimated at $336,356, approximately $137 per square foot. This property was built in 2023. 388 Magnolia Ln is a home located in Houston County with nearby schools including Wicksburg High School.

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