NOT LISTED FOR SALE

531 Magill Dr Montreat, NC 28757

Estimated Value: $526,000 - $893,000

5 Beds
2 Baths
1,863 Sq Ft
$405/Sq Ft Est. Value

Last Sold December 02, 2013

Last sale price $325,000 $174 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $4,303/month

429 Days on Market

About This Home

As of December 2013

Charming Montreat home built in 1909. Overlooks bold creek. Recently renovated with new kitchen cabinets, dishwasher, all new plumbing and updated electric, new wood floors, large .61 acre lot. Wonderful screened in porch where you can enjoy the sound of the creek below. 2 of the 5 BR's have closets.

Last Agent to Sell the Property

Chip Craig

GreyBeard Realty License #175663 Listed on: 07/03/2012

Last Buyer's Agent

Chip Craig

GreyBeard Realty License #175663 Listed on: 07/03/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,698

Year Built

  • Built in 1909

Lot Details

  • 0.61

Parking

  • Gravel Driveway

Additional Features

  • Wood Flooring
  • 2 Full Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 0720-09-1524-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,698

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Ratio Close Price By List Price: 0.93123
  • Ratio Close Price By Original Li: 0.93123
  • Ratio Current Price By Acre: 532786.89
  • Ratio Current Price By Sq Ft: 174.45
  • Year Built: 1909
  • Special Features: None
  • Stories: 2

Interior Features

  • Upper Level Sq Ft: 855
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 5
  • Flooring: Wood
  • Main Level Sq Ft: 1008
  • Total Sq Ft: 1863

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Gravel

Utilities

  • Heating: No A/C
  • Sewer: Community Sewer

Schools

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

Lot Info

  • Lot Size Area: 0.610
  • Parcel Number: 0720-09-1524-00000
  • Plat Reference Section Pages: 0749
  • Zoning Specification: RES

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2012
Closed on
Nov 25, 2013
Sold by
Magill Woods Llc
Bought by
Raynal Charles E and Raynal Ann Brooke
Seller's Agent
Chip Craig
GreyBeard Realty
Buyer's Agent
Chip Craig
GreyBeard Realty
List Price
$349,000
Sold Price
$325,000
Premium/Discount to List
-$24,000
-6.88%
Current Estimated Value
$754,250

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$429,250
Avg. Annual Appreciation
7.43%
Original Mortgage
$256,000
Outstanding Balance
$192,095
Interest Rate
4.31%
Mortgage Type
New Conventional
Estimated Equity
$562,155

Purchase Details

Closed on
Jul 23, 2013
Sold by
Anderson Thomas B
Bought by
Magill Woods Llc
Source: Public Records

Range of Values:

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
Raynal Charles E $325,000 None Available
Magill Woods Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Raynal Charles E $256,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2013 12/02/13 Sold $325,000 -6.9% $174 / Sq Ft
09/05/2013 09/05/13 Pending -- -- --
07/03/2012 07/03/12 For Sale $349,000 -- $187 / 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
2024 $2,698 $255,900 $110,600 $145,300
2023 $2,698 $402,500 $110,600 $291,900
2022 $4,125 $402,500 $110,600 $291,900
2021 $4,125 $402,500 $0 $0
2020 $3,716 $344,400 $0 $0
2019 $3,647 $344,400 $0 $0
2018 $3,647 $344,400 $0 $0
2017 $3,609 $322,500 $0 $0
2016 $3,589 $322,500 $0 $0
2015 $3,589 $322,500 $0 $0
2014 $3,589 $322,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CARNCM522044

Canopy MLS (Canopy Realtor® Association)

APN: 0720-09-1524-00000