NOT LISTED FOR SALE

504 Magnolia Creek Ln Black Mountain, NC 28711

Estimated Value: $401,000 - $500,000

3 Beds
2.5 Baths
1,471 Sq Ft
$309/Sq Ft Est. Value

Last Sold April 20, 2023

Last sale price $412,550 $280 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,752/month

21 Days on Market

Highlights

  • Open Floorplan
  • Contemporary Architecture
  • Recreation Facilities
  • Mountain View
  • Lawn
  • 1-minute walk to Price Lake

About This Home

As of April 2023

Modern, light-filled 3 bed/2.5 bath townhome with an open floor plan and easy access offers the primary bedroom on main, 10.5 ft ceilings on the first floor, quartz countertops throughout, large, custom walk-in closets with each bedroom, nice covered back patio, and a fenced-in yard. Minimal restrictions and low HOA fee make it perfect for many uses. No rental restrictions. Ideal for investors, a 1031 exchange, or anyone looking for low-maintenance living. Conveniently located less than 2 miles to downtown Black Mountain with city water/sewer, spectrum internet in place, and yard maintenance included in HOA. The community common area borders Swannanoa River so make sure to check it out! Schedule your showing today.

Last Agent to Sell the Property

Jenna Markwordt

Nest Realty Asheville License #316276 Listed on: 02/17/2023

Nest Realty Asheville

Last Buyer's Agent

Michele Van Zandycke

Keller Williams Professionals License #312535

Keller Williams Professionals

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,715

Year Built

  • Built in 2019

Lot Details

  • Partially Fenced Property
  • Level Lot
  • Lawn

HOA Fees

  • $50 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Hardboard

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Wired For Data
  • Insulated Windows
  • Pocket Doors
  • Vinyl Flooring
  • Mountain Views
  • Washer and Electric Dryer Hookup

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Walk-In Closet

Parking

  • Attached Garage
  • Driveway

Schools

  • Black Mountain Elementary School
  • Charles D Owen Middle School
  • Charles D Owen High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • More Than Two Accessible Exits
  • Covered Patio or Porch

Listing and Financial Details

  • Assessor Parcel Number 0619-01-1204-00000

Community Details

Overview

  • Magnolia Creek Commons Property Owners Assoc Association, Phone Number (828) 216-8399
  • Magnolia Creek Condos
  • Built by Judd Builders
  • Magnolia Creek Subdivision
  • Mandatory home owners association

Recreation

  • Recreation Facilities

Security

  • Card or Code Access

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,715

Year Built

Built in 2019

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Architectural Style: Contemporary
  • Year Built: 2019
  • Restrictions: Subdivision
  • Road Surface Type: Asphalt
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 280.46
  • Geocode Confidence: High
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Slab
  • Entry Level: 1
  • Fireplace: No
  • Flooring: Vinyl
  • Interior Amenities: Kitchen Island, Open Floorplan, Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 930
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 541
  • Appliances: Dishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave, Oven, Refrigerator, Washer/Dryer
  • Above Grade Finished Sq Ft: 1471
  • Accessibility Features: Two or More Access Exits
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Pocket Doors
  • Living Area: 1471
  • Window Features: Insulated Window(s)
  • Bedroom Main: 1
  • Room Count: 1

Exterior Features

  • Exterior Features: Lawn Maintenance
  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Fencing: Fenced, Partial
  • View: Mountain(s)
  • Construction Type: Hardboard Siding
  • Patio And Porch Features: Covered, Rear Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 249
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Attached Garage, Keypad Entry

Utilities

  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: Central Air
  • Utilities: Wired Internet Available
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Recreation Area
  • Association Fee: 50
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Complex Name: Magnolia Creek
  • Senior Community: No
  • Association Name: Magnolia Creek Commons Property Owners Assoc
  • Phone: 828-216-8399
  • ResoAssociationFeeFrequency: Monthly
  • Association Email: jgardner@cdcgo.com

Association/Amenities

  • Association Annual Expense: 600.00

Schools

  • Middle Or Junior School: Charles D Owen
  • HOA Subject To: Required

Lot Info

  • Lot Features: Level, Paved, Views
  • Lot Size Area: 0.03
  • Lot Size Units: Acres
  • Parcel Number: 0619-01-1204-00000
  • Plat Book Slide: 0208/0039
  • Land Included Yn: 1
  • ResoLotSizeUnits: Acres
  • Zoning Specification: TR-4

Green Features

  • Green Verification Count: 0

Building Info

  • Builder Name: Judd Builders

Rental Info

  • Pets Allowed: Yes

MLS Schools

  • Elementary School: Black Mountain
  • High School: Charles D Owen

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2023
Closed on
Apr 20, 2023
Sold by
Trivett Elizabeth L
Bought by
Shunick Mark Stephen and Shunick Ruth Marie
Seller's Agent
Jenna Markwordt
Nest Realty Asheville
Buyer's Agent
Michele Van Zandycke
Keller Williams Professionals
List Price
$425,000
Sold Price
$412,550
Premium/Discount to List
-$12,450
-2.93%
Views
56
Current Estimated Value
$452,264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,714
Avg. Annual Appreciation
4.52%
Original Mortgage
$350,500
Outstanding Balance
$340,357
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$116,586

Purchase Details

Listed on
Jun 8, 2020
Closed on
Feb 26, 2021
Sold by
Flat Creek Commons Llc
Bought by
Trivett Elizabeth L
Seller's Agent
Lauren Reinhardt
Allen Tate/Beverly-Hanks Fletcher
Buyer's Agent
John Hardie
Allen Tate/Beverly-Hanks Fletcher
List Price
$329,900
Sold Price
$320,000
Premium/Discount to List
-$9,900
-3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.60%
Original Mortgage
$323,232
Interest Rate
2.7%
Mortgage Type
New Conventional
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
Shunick Mark Stephen $413,000 None Listed On Document
Trivett Elizabeth L $320,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shunick Mark Stephen $350,500
Previous Owner Trivett Elizabeth L $323,232
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2023 04/20/23 Sold $412,550 -0.6% $280 / Sq Ft
03/08/2023 03/08/23 Price Changed $415,000 -1.2% $282 / Sq Ft
02/27/2023 02/27/23 Price Changed $420,000 -1.2% $286 / Sq Ft
02/17/2023 02/17/23 For Sale $425,000 +32.8% $289 / Sq Ft
02/28/2021 02/28/21 Sold $320,000 -3.0% $213 / Sq Ft
11/02/2020 11/02/20 Pending -- -- --
06/08/2020 06/08/20 For Sale $329,900 -- $220 / 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
2023 $2,715 $323,700 $30,000 $293,700
2022 $2,570 $323,700 $0 $0
2021 $2,570 $323,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4000886

Canopy MLS (Canopy Realtor® Association)

APN: 0619-01-1204-00000