NOT LISTED FOR SALE

42 Magnolia Vine Ln Smithfield, NC 27577

Estimated Value: $288,000 - $334,000

3 Beds
2.5 Baths
1,391 Sq Ft
$220/Sq Ft Est. Value

Last Sold September 05, 2023

Last sale price $290,003 $208 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,848/month

2 Days on Market

Highlights

  • Fitness Center
  • Deck
  • Traditional Architecture
  • Clubhouse
  • Vaulted Ceiling
  • Wood Flooring

About This Home

As of September 2023

Charming home sitting on a corner lot w/fully fenced-in, beautifully landscaped backyard, perfect for zen moments or hosting BBQ parties! This delightful home boasts 3 bedrooms, 2.5 bathrooms, and 1st floor owner's suite. Seamless flow from kitchen and dining, to the large family/living room, complete with vaulted ceiling. Don't miss this one, make your appt today!

Last Agent to Sell the Property

Tiffany Williamson

Navigate Realty License #279179 Listed on: 08/17/2023

Co-Listed By

Lauren James

Navigate Realty License #327592

Last Buyer's Agent

Carolyn Lambert

Lambert Realty License #268875

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,141

Year Built

  • Built in 2008

Lot Details

  • 0.31 Acre Lot
  • Fenced Yard
  • Landscaped
  • Corner Lot
  • Property is zoned SFR-3

HOA Fees

  • $76 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Front Facing Garage
  • Private Driveway

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 1,391 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Combination Kitchen and Dining Room
  • Bonus Room
  • Crawl Space
  • Scuttle Attic Hole
  • Fire and Smoke Detector

Kitchen

  • Induction Cooktop
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Rain Gutters
  • Porch

Schools

  • Wilsons Mill Elementary School
  • Smithfield Middle School
  • Smithfield Selma High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

Overview

  • Fred Smith Co Mgmt Association, Phone Number (919) 553-9667
  • Tralee Subdivision

Amenities

  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,141

Year Built

Built in 2008

Lot Details

0

HOA Fees

$76 per month

Parking

1

Listing Details

  • Year Built: 2008
  • Prop. Type: Residential
  • Co List Office Mls Id: 75412
  • Co List Office Phone: 910-707-4321
  • Subdivision Name: Tralee
  • Above Grade Finished Sq Ft: 1391.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Above Grade Unfinished Area: 132.0
  • General Property Information Total Unfinished Area2: 132.0
  • General Property Information Lot Size Dimensions: Irregular
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Cooling Central Air: Yes
  • Interior Features KitchenDining Room Combination: Yes
  • Laundry Features Main Level: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Levels Two: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Room Types Bonus Room: Yes
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: M
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Pool Features Swimming Pool ComFee: Yes
  • General Property Information Association Phone: 919-553-9667
  • General Property Information Senior Community YN: No
  • Attic Features Scuttle: Yes
  • General Property Information Above Grade Finished Area: 1391.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 13503.6
  • General Property Information Lot Size Acres: 0.31
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Interior Amenities: Ceiling Fan(s), Entrance Foyer, Kitchen/Dining Room Combination, Primary Downstairs, Vaulted Ceiling(s)
  • Basement: Crawl Space
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Induction Cooktop, Refrigerator, Washer
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Gas Log
  • Fireplaces: 1
  • Total Bedrooms: 6
  • Appliances Dishwasher: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Primary Downstairs: Yes
  • Basement:Crawl Space: Yes
  • Community Features:Street Lights: Yes
  • Fireplace Features:Family Room: Yes
  • Appliances:Electric Water Heater: Yes
  • Fireplace Features:Gas Log: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Community Features:Fitness Center2: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Appliances:Induction Cooktop: Yes

Exterior Features

  • Exterior Features: Fenced Yard, Rain Gutters
  • Acres: 0.31
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Deck, Porch
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Deck2: Yes
  • Exterior Features:Fenced - Yard: Yes
  • Lot Features:Corner Lot: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Concrete, Driveway, Garage, Garage Faces Front
  • Parking Features:Garage: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage Faces Front: Yes
  • General Property Information:Garage Spaces: 1.0

Utilities

  • Heating: Electric, Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Community Features: Fitness Center, Street Lights
  • Senior Community: No
  • Association Fee: 76.0
  • Association Fee Frequency: Monthly
  • Association Name: Fred Smith Co Mgmt
  • Phone: 919-553-9667
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Fred Smith Co Mgmt
  • Association Amenities:Pool: Yes
  • Association Amenities:Clubhouse: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 76.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

  • Ninth Grade High School: Johnston - Smithfield Selma
  • Middle Or Junior School: Johnston - Smithfield

Lot Info

  • Zoning: SFR-3
  • Lot Dimensions: Irregular
  • Lot Size Sq Ft: 13503.6
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1141.0
  • Tax Year: 2023

MLS Schools

  • Elementary School: Johnston - Wilsons Mill

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2023
Closed on
Sep 1, 2023
Sold by
Rauseo Joseph Alexander and Rauseo Krishna
Bought by
Jerry J Lambert Llc
Seller's Agent
Tiffany Williamson
Navigate Realty
Buyer's Agent
Carolyn Lambert
Lambert Realty
List Price
$289,900
Sold Price
$290,003
Premium/Discount to List
$103
0.04%
Views
42
Current Estimated Value
$305,385

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,382
Avg. Annual Appreciation
0.81%

Purchase Details

Closed on
Mar 1, 2018
Sold by
Rauseo John Harold
Bought by
Rauseo Joseph Alexander

Purchase Details

Closed on
May 20, 2014
Sold by
Norris Matthew Carson and Norris Kimberly Beth
Bought by
Rauseo John H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
4.23%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 29, 2009
Sold by
Homes By Greg Johnson Inc
Bought by
Norris Matthew Carson and Norris Jennifer Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,800
Interest Rate
5.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 2, 2008
Sold by
Wilsons Mills Llc
Bought by
Homes By Greg Johnson Inc
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
Jerry J Lambert Llc -- None Listed On Document
Rauseo Joseph Alexander -- None Available
Rauseo John H $135,000 None Available
Norris Matthew Carson $144,000 Blackacre Title Ins Agency
Homes By Greg Johnson Inc $300,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rauseo Joseph Alexander $197,914
Previous Owner Rauseo Joseph Alexander $120,000
Previous Owner Alexander Joseph $100,000
Previous Owner Rauseo John H $70,000
Previous Owner Norris Matthew Carson $142,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2023 09/05/23 Sold $290,003 0.0% $208 / Sq Ft
08/19/2023 08/19/23 Pending -- -- --
08/17/2023 08/17/23 For Sale $289,900 -- $208 / Sq Ft
Source: Doorify 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 $1,736 $273,320 $60,000 $213,320
2024 $1,200 $148,120 $32,000 $116,120
2023 $1,141 $148,120 $32,000 $116,120
2022 $1,170 $148,120 $32,000 $116,120
2021 $1,170 $148,120 $32,000 $116,120
2020 $1,215 $148,120 $32,000 $116,120
2019 $1,215 $148,120 $32,000 $116,120
2018 $0 $133,800 $32,000 $101,800
2017 $1,124 $133,800 $32,000 $101,800
2016 $1,124 $133,800 $32,000 $101,800
2014 -- $133,800 $32,000 $101,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2527458

Doorify MLS

APN: 17J07024X