NOT LISTED FOR SALE

3942 Magnolia Place Ln Winston Salem, NC 27107

Estimated Value: $255,000 - $298,000

3 Beds
2.5 Baths
1,728 Sq Ft
$155/Sq Ft Est. Value

Last Sold October 10, 2023

Last sale price $241,000 $139 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,591/month

Highlights

  • No HOA
  • Central Air
  • Carpet

About This Home

As of July 2024

Looking for your dream home? Through our seamless leasing process, this beautifully designed home is move-in ready. Our spacious layout is perfect for comfortable living that you can enjoy with your pets too; we’re proud to be pet friendly. Our homes are built using high-quality, eco-friendly materials with neutral paint colors, updated fixtures, and energy-efficient appliances. Enjoy the backyard and community to unwind after a long day, or simply greet neighbors, enjoy the fresh air, and gather for fun-filled activities. Ready to make your next move your best move? Apply now. Take a tour today. We’ll never ask you to wire money or request funds through a payment app via mobile. The fixtures and finishes of this property may differ slightly from what is pictured.

Last Agent to Rent the Property

Spencer Lindahl

Main Street Renewal, LLC License #275359 Listed on: 11/28/2023

Main Street Renewal, LLC

Last Renter's Agent

Spencer Lindahl

Main Street Renewal, LLC License #275359 Listed on: 11/28/2023

Main Street Renewal, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1999

Lot Details

  • 0.26

Parking

  • No Garage

Interior Spaces

  • Property has 2 Levels
  • Convection Oven

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Central Air

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Security Deposit $2,005
  • 12-Month Minimum Lease Term
  • Assessor Parcel Number 6854843575

Home Details

Home Type

Single Family

Year Built

Built in 1999

Lot Details

0

Rental Info

  • Lease Term: 12 Months
  • TRIADMLS_DepositSecurity: 2005

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential Lease
  • Directions: Get on I-40 W/US-421 N in Greensboro 6 min (4.3 mi) Follow I-40 W to Union Cross Rd in Kernersville. Take exit 201 from I-40 W 8 min (8.7 mi) Take Glenn Hi Rd to Magnolia Pl Ln in Winston-Salem
  • Unit Levels: Two
  • Year Built: 1999
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 0 - 0
  • Special Features: None

Interior Features

  • Appliances: Convection Oven, Cooktop, Refrigerator
  • Flooring: Carpet, Vinyl
  • Furnished: Unfurnished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Pool Features: None
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Parking Features: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 6854843575
  • TRIADMLS_AcresRange: -

Tax Info

  • Tax Annual Amount: 2027
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 14, 2024
Sold by
Armm Asset Company 2 Llc
Bought by
Armm Assets 2 Llc
Current Estimated Value
$268,241

Purchase Details

Listed on
Sep 7, 2023
Closed on
Oct 9, 2023
Sold by
Lara Veronica G Almanza and Lara Diego Armando
Bought by
Armm Asset Company 2 Llc
Seller's Agent
Juana Jasso
KELLER WILLIAMS REALTY
Buyer's Agent
Spencer Lindahl
Main Street Renewal, LLC
List Price
$279,000
Sold Price
$241,000
Premium/Discount to List
-$38,000
-13.62%
Views
115

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.36%

Purchase Details

Closed on
Jul 26, 2018
Sold by
Dipak Soin Family Llc
Bought by
Lara Veronica G Almanza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,369
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 6, 2003
Sold by
Soin Dipak L
Bought by
Soin Dipak L and Soin Madhu B
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Armm Assets 2 Llc -- None Listed On Document
Armm Assets 2 Llc -- None Listed On Document
Armm Asset Company 2 Llc $241,000 None Listed On Document
Lara Veronica G Almanza $90,000 None Available
Soin Dipak L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lara Veronica G Almanza $88,369
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/03/2024 07/03/24 Rented $1,855 -7.5% --
06/29/2024 06/29/24 Under Contract -- -- --
01/29/2024 01/29/24 Price Changed $2,005 +2.6% $1 / Sq Ft
11/28/2023 11/28/23 For Rent $1,955 0.0% --
10/10/2023 10/10/23 Sold $241,000 -13.6% $161 / Sq Ft View Prior Sale
09/14/2023 09/14/23 Pending -- -- --
09/07/2023 09/07/23 For Sale $279,000 -- $186 / 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 $2,165 $229,400 $24,300 $205,100
2024 $2,066 $154,300 $24,300 $130,000
2023 $2,066 $154,300 $24,300 $130,000
2022 $2,027 $154,300 $24,300 $130,000
2021 $1,991 $154,300 $24,300 $130,000
2020 $1,588 $115,000 $17,100 $97,900
2019 $1,600 $115,000 $17,100 $97,900
2018 $1,519 $115,000 $17,100 $97,900
2016 $1,148 $87,194 $16,200 $70,994
2015 $1,130 $87,194 $16,200 $70,994
2014 $1,096 $87,194 $16,200 $70,994
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1126447

Triad MLS

APN: 6854-84-3575