NOT LISTED FOR SALE

514 Magnolia Creek Ln Black Mountain, NC 28711

Estimated Value: $401,000 - $521,000

3 Beds
2.5 Baths
1,502 Sq Ft
$50/mo HOA Fee

Last Sold October 15, 2021

Last sale price $355,000 $236 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $2,777/month

8 Days on Market

Highlights

  • Under Construction
  • Contemporary Architecture
  • Recreation Facilities
  • Open Floorplan
  • Lawn
  • 3-minute walk to Price Lake

About This Home

As of October 2021

Quality new construction contemporary townhouse being built by Judd Builders. The new Magnolia Creek community has mountain views and is conveniently located less than 2 miles from downtown Black Mountain and 16 miles from downtown Asheville. Low maintenance living with lawn care included in low HOA. Townhome features an open floor plan with 10 1/2 ft ceilings, master bedroom and laundry on main level. Spacious master suite has a tiled shower, double vanity, and custom walk-in closet by Carolina Closets. Kitchen has breakfast bar, quartz, subway tile backsplash and Samsung SS appliances. Upstairs you'll find 2 bedrooms with a Jack/Jill bathroom, double vanities, and quartz countertops. Low $50 per month HOA covers road maintenance and lawn care. Community trail and firepit next to the river. No rental restrictions.

Last Agent to Sell the Property

Lauren Reinhardt

Allen Tate/Beverly-Hanks Fletcher License #273033 Listed on: 07/13/2021

Allen Tate/Beverly-Hanks Fletcher

Co-Listed By

Billy Taylor

Allen Tate/Beverly-Hanks Fletcher License #81063

Last Buyer's Agent

Angela Booher

Unique: A Real Estate Collective License #280185

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,740

Year Built

  • Built in 2021 | Under Construction

Lot Details

  • 1,307

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Contemporary Architecture
  • Slab Foundation

Interior Spaces

  • Open Floorplan
  • Insulated Windows
  • Pocket Doors
  • Pull Down Stairs to Attic

Kitchen

  • Breakfast Bar
  • Oven
  • Kitchen Island

Flooring

  • Tile
  • Vinyl Plank

Bedrooms and Bathrooms

  • Walk-In Closet

Additional Features

  • Lawn
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0619-01-1474-00000

Community Details

Overview

  • Jesse Gardner Association, Phone Number (828) 216-8399
  • Built by Judd Builders

Recreation

  • Recreation Facilities
  • Trails

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,740

Year Built

Built in 2021 | Under Construction

Lot Details

0

HOA Fees

$50 per month

Parking

1

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: 2 Story
  • Architectural Style: Contemporary
  • Construction Status: Under Construction
  • Ratio Close Price By List Price: 0.97260
  • Ratio Close Price By Original Li: 0.97260
  • Ratio Current Price By Acre: 11833333.33
  • Ratio Current Price By Sq Ft: 236.35
  • Unit Floor Level: 1
  • Year Built: 2021
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 542
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Doors and Windows: Insulated Windows, Pocket Doors
  • Entry Level: Main
  • Equipment: Cable Prewire, Ceiling Fan(s), CO Detector, Dishwasher, Disposal, Electric Oven, Electric Dryer Hookup, Electric Range, g-Energy Star® Dishwasher, Exhaust Fan, Freezer, Ice Maker Connection, Microwave, Oven, Refrigerator, Self Cleaning Oven
  • Flooring: Tile, Vinyl Plank
  • H O A Management Phone: 828-216-8399
  • Interior Amenities: Attic Stairs Pulldown, Breakfast Bar, Cable Available, Kitchen Island, Open Floorplan, Walk-In Closet(s)
  • Laundry Location: Main, Closet
  • Room Count: 2
  • Main Level Sq Ft: 960
  • Total Sq Ft: 1502

Exterior Features

  • Construction: Hardboard Siding, Shingle, Wood
  • Construction Type: Site Built
  • Exterior Features: Lawn Maintenance, Underground Power Lines
  • New Construction: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Driveway, Garage - 1 Car, Keypad Entry

Utilities

  • Heating: Central Air, Heat Pump - AC, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Recreation Area, Walking Trails
  • Association Fee: 50.00
  • Association Fee Frequency: Monthly
  • Complex Name: Magnolia Creek
  • HOA Management Company: Jesse Gardner
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Land Included Yn: Yes
  • Lot Features: Level, Mountain View
  • Lot Size Area: 0.030
  • Parcel Number: 0619-01-1474-00000
  • Plat Book Slide: 0208/0039
  • Zoning Specification: TR-4

Building Info

  • Builder Name: Judd Builders

Tax Info

  • Tax Location: Black Mountain

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2021
Closed on
Aug 27, 2021
Sold by
Flat Creek Commons Llc
Bought by
Tyson Joseph M and Tyson Carol R
Seller's Agent
Lauren Reinhardt
Allen Tate/Beverly-Hanks Fletcher
Buyer's Agent
Angela Booher
Unique: A Real Estate Collective
List Price
$365,000
Sold Price
$355,000
Premium/Discount to List
-$10,000
-2.74%
Current Estimated Value
$456,373

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,373
Avg. Annual Appreciation
6.77%
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
Tyson Joseph M $355,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2021 10/15/21 Sold $355,000 -2.7% $236 / Sq Ft
07/21/2021 07/21/21 Pending -- -- --
07/13/2021 07/13/21 For Sale $365,000 -- $243 / 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 $2,740 $323,700 $30,000 $293,700
2022 $2,570 $323,700 $0 $0
2021 $238 $30,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3762028

Canopy MLS (Canopy Realtor® Association)

APN: 0619-01-1474-00000