NOT LISTED FOR SALE

Estimated Value: $956,304 - $1,004,000

3 Beds
2.5 Baths
2,751 Sq Ft
$356/Sq Ft Est. Value

Last Sold January 24, 2024

Last sale price $937,500 $341 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $5,474/month

31 Days on Market

Highlights

  • Open Floorplan
  • Deck
  • Hilly Lot
  • West Buncombe Elementary School Rated A-
  • Contemporary Architecture
  • Cathedral Ceiling

About This Home

As of January 2024

Welcome to your dream home nestled on 1.06 meticulously landscaped acres, with views- a stunning 3-bedroom, 2.5-bathroom custom-built in 2018. This residence marries elegance with modern functionality, offering a luxurious lifestyle with every detail carefully considered. The property is enclosed with a pristine fence, providing both security and privacy. The exterior boasts a charming flagstone patio and a covered deck, perfect for entertaining or enjoying the tranquility of your surroundings. Step inside, and you'll be greeted by a grand cathedral ceiling and desired open floor plan. Hardwood flooring flows seamlessly throughout, creating a warm and inviting ambiance. The gourmet kitchen features double ovens, an induction cooktop, and exquisite quartz countertops. Welcome to a home where every element has been carefully curated to offer a lifestyle of unparalleled comfort and sophistication. This is not just a house; it's a statement of refined living. Your dream home awaits!

Last Agent to Sell the Property

Melissa Wright

Carolina Mountain Sales Brokerage Email: melissawright@bhhslp.com License #313572 Listed on: 11/16/2023

Carolina Mountain Sales

Last Buyer's Agent

Nick Hinton

The Hinton Realty Group License #284082

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,424

Year Built

  • Built in 2018

Lot Details

  • Privacy Fence
  • Back Yard Fenced
  • Corner Lot
  • Open Lot
  • Hilly Lot
  • Property is zoned OU

HOA Fees

  • $30 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway
  • 3 Open Parking Spaces

Home Design

  • Contemporary Architecture
  • Metal Roof
  • Stone Siding

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Central Vacuum
  • Wired For Data
  • Cathedral Ceiling
  • Fireplace
  • Insulated Windows
  • Window Treatments
  • Sliding Doors
  • Insulated Doors
  • Entrance Foyer
  • Storage
  • Laundry Room
  • Crawl Space
  • Pull Down Stairs to Attic

Kitchen

  • Walk-In Pantry
  • Double Convection Oven
  • Induction Cooktop
  • Range Hood
  • Microwave
  • ENERGY STAR Qualified Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Garden Bath

Outdoor Features

  • Deck
  • Enclosed Patio or Porch

Schools

  • Leicester/Eblen Elementary School
  • Clyde A Erwin Middle School
  • Clyde A Erwin High School

Utilities

  • Central Air
  • Heat Pump System
  • Propane
  • Septic Tank
  • Cable TV Available

Community Details

  • Magnolia Farms HOA
  • Magnolia Farms Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 9720-50-5544-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,424

Year Built

Built in 2018

Lot Details

0

HOA Fees

$30 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Year Built: 2018
  • Restrictions: Architectural Review,Manufactured Home Not Allowed,Modular Not Allowed,Subdivision
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Second Living Quarters: None
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 340.79
  • Bedroom Lower: 0
  • Geocode Confidence: High
  • Attribution Contact: melissawright@bhhslp.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Hardwood, Tile
  • Interior Amenities: Attic Stairs Pulldown, Cathedral Ceiling(s), Central Vacuum, Entrance Foyer, Garden Tub, Kitchen Island, Open Floorplan, Pantry, Storage, Walk-In Closet(s), Walk-In Pantry
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1659
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 454
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 454
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 1092
  • Appliances: Convection Oven, Disposal, Double Oven, ENERGY STAR Qualified Dishwasher, Exhaust Hood, Induction Cooktop, Microwave
  • Other Equipment: Fuel Tank(s)
  • Above Grade Finished Sq Ft: 2751
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Insulated Door(s), Sliding Doors
  • Living Area: 2751
  • Window Features: Insulated Window(s), Window Treatments
  • Bedroom Main: 1
  • Bedroom Basement: 0
  • Bedroom Third: 0

Exterior Features

  • Exterior Features: Other - See Remarks
  • New Construction: No
  • Roof: Shingle, Metal
  • Construction Type: Site Built
  • Fencing: Back Yard, Fenced, Privacy
  • Construction Type: Fiber Cement, Stone
  • Other Structures: Other - See Remarks
  • Patio And Porch Features: Covered, Deck, Enclosed, Front Porch, Patio

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking Spaces: 3
  • Open Parking: Yes
  • Parking Features: Driveway, Attached Garage, Garage Door Opener, Garage Faces Front

Utilities

  • Heating: Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: Laundry Room
  • Cooling: Central Air, Heat Pump
  • Utilities: Cable Available, Electricity Connected, Propane, Underground Power Lines, Wired Internet Available
  • Water Source: City

Condo/Co-op/Association

  • Association Fee: 360
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Magnolia Farms HOA
  • ResoAssociationFeeFrequency: Annually
  • Association Email: gary.brent.jordan@gmail.com

Association/Amenities

  • Association Annual Expense: 360.00

Schools

  • Middle Or Junior School: Clyde A Erwin
  • HOA Subject To: Required

Lot Info

  • Lot Features: Corner Lot, Hilly, Open Lot, Views
  • Lot Size Units: Acres
  • Parcel Number: 9720-50-5544-00000
  • Zoning: OU
  • Plat Book Slide: 131/82
  • Horse Amenities: None
  • ResoLotSizeUnits: Acres
  • Zoning Specification: OU

MLS Schools

  • Elementary School: Leicester/Eblen
  • High School: Clyde A Erwin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2023
Closed on
Jan 24, 2024
Sold by
Defazio Ralph Victor and Defazio Mindy Louise
Bought by
Spell Jackson and Spell Jessica
Seller's Agent
Melissa Wright
Carolina Mountain Sales
Buyer's Agent
Nick Hinton
The Hinton Realty Group
List Price
$945,000
Sold Price
$937,500
Premium/Discount to List
-$7,500
-0.79%
Views
91
Current Estimated Value
$978,826

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,326
Avg. Annual Appreciation
2.40%
Original Mortgage
$656,250
Outstanding Balance
$644,766
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$334,060

Purchase Details

Closed on
Aug 5, 2022
Sold by
But-Gusaim and Svetlana
Bought by
Defazio Ralph Victor and But-Gusaim Svetlana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$656,250
Interest Rate
5.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 21, 2013
Sold by
R And B Farms Llc and Magnolia Farms Llc
Bought by
But-Gusaim Svetlana and But-Gusaim Stepan
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Spell Jackson $937,500 None Listed On Document
Defazio Ralph Victor $875,000 None Listed On Document
But-Gusaim Svetlana $78,500 --
Stepan But-Gusaim $78,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spell Jackson $656,250
Previous Owner Defazio Ralph Victor $656,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/24/2024 01/24/24 Sold $937,500 -0.8% $341 / Sq Ft
11/16/2023 11/16/23 For Sale $945,000 -- $344 / 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
2025 $3,424 $483,800 $77,100 $406,700
2024 $3,424 $524,700 $77,100 $447,600
2023 $3,424 $524,700 $77,100 $447,600
2022 $3,269 $524,700 $0 $0
2021 $3,269 $524,700 $0 $0
2020 $3,089 $461,800 $0 $0
2019 $3,089 $461,800 $0 $0
2018 $450 $68,300 $0 $0
2017 $450 $56,900 $0 $0
2016 $412 $56,900 $0 $0
2015 $412 $56,900 $0 $0
2014 $401 $56,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4087134

Canopy MLS (Canopy Realtor® Association)

APN: 9720-50-5544-00000