NOT LISTED FOR SALE

3906 Magnolia Place Ln Winston Salem, NC 27107

Estimated Value: $257,000 - $290,000

3 Beds
2.5 Baths
1,900 Sq Ft
$142/Sq Ft Est. Value

Last Sold December 20, 2018

Last sale price $159,000 $84 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $1,612/month

78 Days on Market

Highlights

  • Colonial Architecture
  • Attic
  • No HOA
  • Wood Flooring
  • Solid Surface Countertops
  • Porch

About This Home

As of December 2018

Back on market through no fault of the seller. Their loss your gain. Over $10K price reduction. All New Appliances, New Gas Heat & Central Air Conditioning Units. New Granite Counter Tops, Fresh Paint top to bottom, New Carpet, Newly Refinished Hardwood Floors, New updated Light Fixtures, New Updated Interior and Exterior Door hardware, New Storm Door. New Tile floors in baths. The private deck coated with new stain. Downstairs bonus room for a playroom or could add a closet for another bedroom.

Last Agent to Sell the Property

Larry Watson

Graylynn Realty License #288932 Listed on: 08/29/2018

Last Buyer's Agent

Ramon Lomeli

Smart Move Group License #274551

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,524

Year Built

  • Built in 1999

Lot Details

  • 0.25 Acre Lot
  • Property is zoned RS9

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,728 Sq Ft Home
  • 1,500-1,900 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Insulated Windows
  • Insulated Doors
  • Living Room with Fireplace
  • Storm Doors
  • Attic
  • Finished Basement

Kitchen

  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on upper level
  • Dryer Hookup

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Magnolia Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6854843145
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,524

Year Built

Built in 1999

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.25
  • Subdivision Name: Magnolia Place
  • Directions: Highway 311 toward High Point. Take the Ridgewood Exit. Turn left and go to the dead end. Make a right on High Point Road and immediate left on to Magnolia Place Lane. 2nd home on the right.
  • Above Grade Finished Sq Ft: 1728
  • Architectural Style: Colonial
  • Unit Levels: Two
  • Structure Type: House
  • Year Built: 1999
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_HeatedFinishedBasementSqFtRange: 100 - 300
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1500 - 1900
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Microwave, Dishwasher, Electric Water Heater
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Ceiling Fan(s), Dead Bolt(s), Pantry, Solid Surface Counter
  • Has Basement: Finished, Unfinished, Basement
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Insulated Doors, Storm Door(s)
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 1728
  • Main Level Bathrooms: 1
  • Attic Description: Access Only
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Fencing: None
  • Lot Features: City Lot, Subdivided
  • Pool Features: None
  • Construction Type: Vinyl Siding
  • Foundation Details: Slab
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Driveway, Garage, Paved, Attached
  • Garage Description: Attached Garage

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Laundry Room - 2nd Level, Washer Hookup
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Electric
  • Energy Features: Insulated Doors, Insulated Windows, Storm Doors

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 6854843145
  • Zoning: RS9
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 1524
  • Tax Year: 2017
  • TRIADMLS_TaxRate: 1.3209

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2018
Closed on
Dec 19, 2018
Sold by
Equity Trust Co
Bought by
Hernandez Magadan Pastrana Diana and Hernandez Arellanes Rey
Seller's Agent
Larry Watson
Graylynn Realty
Buyer's Agent
Ramon Lomeli
Smart Move Group
List Price
$199,000
Sold Price
$159,000
Premium/Discount to List
-$40,000
-20.1%
Current Estimated Value
$270,324

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,324
Avg. Annual Appreciation
8.04%
Original Mortgage
$156,120
Outstanding Balance
$139,405
Interest Rate
5.5%
Mortgage Type
FHA
Estimated Equity
$130,919

Purchase Details

Closed on
Aug 8, 2018
Sold by
Dipak Soin Family Llc
Bought by
Equity Trust Company and Lawrence Watson Ira

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
4.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 20, 2000
Sold by
Soin Dipak L
Bought by
Soin Dipak L and Soin Madhu B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,000
Interest Rate
8.27%
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
Hernandez Magadan Pastrana Diana $159,000 None Available
Equity Trust Company $102,000 None Available
Soin Dipak L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernandez Magadan Pastrana Diana $156,120
Previous Owner Equity Trust Company $117,000
Previous Owner Soin Dipak L $97,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2018 12/20/18 Sold $159,000 -20.1% $106 / Sq Ft
11/16/2018 11/16/18 Pending -- -- --
08/29/2018 08/29/18 For Sale $199,000 -- $133 / Sq Ft
Source: Triad 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
2025 $2,277 $240,400 $27,000 $213,400
2024 $2,173 $162,300 $27,000 $135,300
2023 $2,173 $162,300 $27,000 $135,300
2022 $2,132 $162,300 $27,000 $135,300
2021 $2,094 $162,300 $27,000 $135,300
2020 $1,834 $132,800 $17,100 $115,700
2019 $1,847 $132,800 $17,100 $115,700
2018 $1,524 $115,400 $17,100 $98,300
2016 $1,152 $87,481 $16,200 $71,281
2015 $1,134 $87,481 $16,200 $71,281
2014 $1,100 $87,481 $16,200 $71,281
Source: Public Records

Agents Affiliated with this Home

  • Larry Watson

    Seller's Agent in 2018

    Larry Watson

    Graylynn Realty

    (336) 844-4757

    17 Total Sales

    Larry Watson
    Section Image

  • R

    Buyer's Agent in 2018

    Ramon Lomeli

    Smart Move Group

    (336) 909-1492

    192 Total Sales

    Ramon Lomeli
    Section Image
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Map

Source: Triad MLS

MLS Number: 901369

Triad MLS

APN: 6854-84-3145

North Carolina Forsyth County Winston-Salem 27107

3906 Magnolia Place Ln, Winston-Salem, NC

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