NOT LISTED FOR SALE

501 S Magnolia Ave Waynesboro, VA 22980

Estimated Value: $282,000 - $293,164

3 Beds
2 Baths
1,347 Sq Ft
$213/Sq Ft Est. Value

Last Sold July 22, 2022

Last sale price $252,000 $187 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,698/month

3 Days on Market

Highlights

  • Multiple Fireplaces
  • Private Yard
  • Walk-In Closet
  • Wood Flooring
  • Concrete Block With Brick
  • Patio

About This Home

As of July 2022

This adorably sweet cottage is right out of a fairy tale! Located on a corner lot in Waynesboro's Tree Streets of 13th & S. Magnolia, living here is the best of both worlds - minutes to I-64, yet within walking distance to Ridgeview Park. Inside the home you will find open concept living with a recently renovated dining and kitchen area with custom counter tops, a spacious living room w/fireplace, 3 bedrooms (1 is nonconforming and currently used as an office), upstairs bath recently updated, large walk-in closet with organizers, hardwood floors throughout, main level laundry and dual zone a/c & heat (updated 2019 along w/electrical) Outside is a privately fenced-in level back yard w/400+ sq ft storage building and workshop, brick patio and off street parking. The basement area is used for mechanicals and some storage. Floor Plan, showing closets and dimensions, is included in the photo gallery.

Last Agent to Sell the Property

Monica White

KW COMMONWEALTH License #225099620 Listed on: 06/21/2022

KW COMMONWEALTH

Last Buyer's Agent

Cynthia Saady

FATHOM REALTY License #0225095460

FATHOM REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,370

Year Built

  • Built in 1950

Lot Details

  • 7,405 Sq Ft Lot
  • Fenced
  • Landscaped
  • Private Yard
  • Garden
  • Property is zoned RS-7 Single-Family Residential-7

Home Design

  • Concrete Block With Brick
  • Stone Siding

Interior Spaces

  • 1.5-Story Property
  • Multiple Fireplaces
  • Double Hung Windows
  • Living Room with Fireplace
  • Dining Room
  • Washer and Dryer Hookup

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet
  • 2 Full Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Partial Basement

Outdoor Features

  • Patio
  • Storage Shed

Schools

  • Westwood Hills Elementary School
  • Kate Collins Middle School
  • Waynesboro High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Community Details

  • West Waynesboro Land Co Subdivision

Listing and Financial Details

  • Assessor Parcel Number 44-4-16-1 & 44-4-16-2

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,370

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Type: Detached
  • Above Grade Finished Sq Ft: 1347
  • Below Grade Total Sq Ft: 447
  • Design: A-Frame, Cottage
  • L V T Date: 06/21/2022
  • Parcel Number: 44-4-16-1 & 44-4-16-2
  • Price Per Sq Ft: 187.08
  • Property Included: Clothes Washer & Dryer
  • Total Sq Ft: 1794
  • Total Unfinished Sq Ft: 447
  • Type of Construction: On Site Built
  • Zoning: RS-7 Single-Family Residential-7
  • Subdivision: WEST WAYNESBORO LAND CO
  • Comments: No
  • Concatenated Rooms1: |Living Roo1|Dining Roo1|Kitchen1|Bedroom1|Full Bath1|Bedroom2|Bedroom2|
  • Current Animal Use: Domestic Pets
  • Structures Deck Porch: Patio
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Unfinished Below Grade Sq Ft: 447
  • Fireplace: One
  • Laundry: Dryer Hookup, Washer Hookup
  • Basement Type: Outside Entrance, Partial, Unfinished
  • Room 1: Living Room,20 x 18,On Level: 1
  • Room 2: Dining Room,12 x 10,On Level: 1
  • Room 3: Kitchen,12 x 10,On Level: 1
  • Room 4: Bedroom,10 x 9,On Level: 1
  • Room 5: Full Bath,6 x 8,On Level: 1
  • Room 6: Bedroom,13 x 10,On Level: 2
  • Room 7: Bedroom,13 x 9,On Level: 2
  • Total Finished Sq Ft: 1347
  • Above Grade Finished Sq Ft: 1347
  • Basement: Yes
  • Fireplace Location: Living Room
  • Foundation: Concrete Block
  • Kitchen Appliances Feat: Dishwasher, Electric Range, Microwave, Refrigerator
  • Kitchen Cabinets Counters: Solid Surface Counter, White Cabinets
  • Land Description: Garden Spot, Landscaped, Nearly Level
  • Level: 1.5 Story
  • Bathrooms: 2
  • Number of Main Level Bathrooms: 1
  • Number Beds: 3
  • Number Beds Main Level: 1
  • Full Bathrooms: 2
  • Room Types: Bedroom, Dining Room, Full Bath, Kitchen, Living Room
  • Room Types Level1: Bedroom (L1), Dining Room (L1), Full Bath (L1), Kitchen (L1), Living Room (L1)
  • Room Types Level2: Bedroom (L2+)
  • Source of Sq Ft: Public Records

Exterior Features

  • Fence: Privacy Fence
  • Exterior: Stone
  • Number Of Acres: 0.17
  • Roof: Architectural Style
  • Structure Features: Renovated, Walk-in Closet
  • Structure Floors: Ceramic Tile, Hardwood, Vinyl
  • Structure Window Ceiling: 8' Ceilings, Double-hung Windows
  • View: Residential View
  • Yard: Fenced, Landscaped, Nearly Level, Private

Utilities

  • Cooling: Central AC
  • Heating: Forced Air, Natural Gas
  • Cable Available: Cable, DSL
  • Gas: Natural Gas
  • Security: Deadbolts
  • Sewer/Septic System: Public Sewer
  • Water: Public Water

Schools

  • Elementary School: Westwood Hills
  • Middle School: Kate Collins
  • High School: Waynesboro

Lot Info

  • Lot Features: Storage Shed

Building Info

  • Year Built: 1950

Tax Info

  • Year: 2021
  • Taxes: 1370

MLS Schools

  • HighSchool: Waynesboro
  • Middle School: Kate Collins
  • Elementary School: Westwood Hills

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2022
Closed on
Jun 30, 2022
Sold by
Elizabeth Hines Valerie
Bought by
Reynolds Tiffany Renee
Seller's Agent
Monica White
KW COMMONWEALTH
Buyer's Agent
Cynthia Saady
FATHOM REALTY
List Price
$245,000
Sold Price
$252,000
Premium/Discount to List
$7,000
2.86%
Current Estimated Value
$286,291

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,291
Avg. Annual Appreciation
3.88%
Original Mortgage
$247,435
Outstanding Balance
$236,024
Interest Rate
5.23%
Mortgage Type
New Conventional
Estimated Equity
$47,525

Purchase Details

Listed on
Apr 23, 2021
Closed on
May 26, 2021
Sold by
Jones Timothy D and Payne Ashley R
Bought by
Hines Valerie Elizabeth
Seller's Agent
LUCY WATKINS
SAMSON PROPERTIES
Buyer's Agent
Default Agent
Default Office
List Price
$230,000
Sold Price
$230,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.34%
Original Mortgage
$218,500
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 7, 2018
Sold by
Patterson Theresa H
Bought by
Jones Timothy D and Payne Ashley R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,920
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 23, 2017
Sold by
Hackley Jennifer A
Bought by
Patterson Theresa H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,100
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 25, 2011
Sold by
Palumbo Paul J
Bought by
Springer Jennifer A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,735
Interest Rate
4.87%
Mortgage Type
FHA
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
Reynolds Tiffany Renee $252,000 Franklin Denney Ward & Strosni
Hines Valerie Elizabeth $230,000 Insight Title & Settlement
Jones Timothy D $170,000 Attorney
Patterson Theresa H $158,000 Court Square Title
Springer Jennifer A $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reynolds Tiffany Renee $247,435
Previous Owner Hines Valerie Elizabeth $218,500
Previous Owner Payne Ashley R $7,068
Previous Owner Jones Timothy D $166,920
Previous Owner Patterson Theresa H $150,100
Previous Owner Springer Jennifer A $124,735
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2022 07/22/22 Sold $252,000 +2.9% $187 / Sq Ft
06/24/2022 06/24/22 Pending -- -- --
06/21/2022 06/21/22 For Sale $245,000 +6.5% $182 / Sq Ft
06/01/2021 06/01/21 Sold $230,000 0.0% $171 / Sq Ft
04/27/2021 04/27/21 Pending -- -- --
04/23/2021 04/23/21 For Sale $230,000 -- $171 / Sq Ft
Source: Charlottesville Area 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 $1,654 $214,800 $37,500 $177,300
2023 $1,654 $214,800 $37,500 $177,300
2022 $1,371 $152,300 $35,000 $117,300
2021 $1,371 $152,300 $35,000 $117,300
2020 $1,206 $134,000 $35,000 $99,000
2019 $1,206 $134,000 $35,000 $99,000
2018 $1,069 $118,800 $35,000 $83,800
2017 $1,034 $118,800 $35,000 $83,800
2016 $937 $117,100 $35,000 $82,100
2015 $897 $112,100 $35,000 $77,100
2014 -- $114,800 $40,000 $74,800
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Monica White

    Seller's Agent in 2022

    Monica White

    KW COMMONWEALTH

    (434) 220-2255

    96 Total Sales

    Monica White
    Section Image

  • C

    Buyer's Agent in 2022

    Cynthia Saady

    FATHOM REALTY

    Section Image

  • L

    Seller's Agent in 2021

    LUCY WATKINS

    SAMSON PROPERTIES

    (434) 962-5829

    32 Total Sales

    LUCY WATKINS
    Section Image

  • D

    Buyer's Agent in 2021

    Default Agent

    Default Office

See All Agents

Map

Source: Charlottesville Area Association of REALTORS®

MLS Number: 631921

Charlottesville Area Association of REALTORS®

APN: 44 4 16- 1

Virginia Waynesboro County Waynesboro 22980

501 S Magnolia Ave, Waynesboro, VA

This home is located at 501 S Magnolia Ave, Waynesboro, VA 22980 since 21 June 2022 and is currently estimated at $286,291, approximately $212 per square foot. This property was built in 1950. 501 S Magnolia Ave is a home located in Waynesboro City with nearby schools including Westwood Hills Elementary School, Kate Collins Middle School, and Waynesboro High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Charlottesville Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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