NOT LISTED FOR SALE

533 Magill Dr Montreat, NC 28757

Estimated Value: $746,099 - $851,000

4 Beds
1.5 Baths
1,434 Sq Ft
$557/Sq Ft Est. Value

Last Sold February 06, 2013

Last sale price $210,000 $146 Per Sq Ft

Est. 280% increase in value since last sale

Current estimated payment $4,754/month

437 Days on Market

About This Home

As of February 2013

Historic, well maintained, Montreat home built in 1907. Great location off Greybeard Road. This charming two story home has been in the same family for over 100 years. See attached history of this home. New roof, water heater and appliances in 2004, along with fireplace restored to working condition. Not heated.One of owners is a NC Real Estate Broker.

Last Agent to Sell the Property

Chip Craig

GreyBeard Realty License #175663 Listed on: 10/28/2011

Last Buyer's Agent

Lisa Jackson

Asheville Realty Group License #258218

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,285

Year Built

  • Built in 1907

Lot Details

  • 0.25

Interior Spaces

  • Wood Burning Fireplace

Flooring

  • Wood
  • Vinyl

Listing and Financial Details

  • Assessor Parcel Number 0720-09-1636-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,285

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Ratio Close Price By List Price: 0.95890
  • Ratio Close Price By Original Li: 0.70234
  • Ratio Current Price By Acre: 840000.00
  • Ratio Current Price By Sq Ft: 146.44
  • Year Built: 1907
  • Special Features: None
  • Stories: 2

Interior Features

  • Upper Level Sq Ft: 765
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • Equipment: Electric Range, Refrigerator, Electric Oven
  • Fireplace Description: Wood Burning
  • Fireplace: Yes
  • Flooring: Vinyl, Wood
  • Room Count: 4
  • Main Level Sq Ft: 669
  • Total Sq Ft: 1434

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built

Utilities

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

Schools

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

Lot Info

  • Lot Size Area: 0.250
  • Parcel Number: 0720-09-1636-00000
  • Plat Reference Section Pages: 0780
  • Zoning Specification: R-1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2011
Closed on
Jan 27, 2013
Sold by
Hambright C Mitchell and Hambright Robertson Wall
Bought by
Spence Mark D and Turner Cynthia L
Seller's Agent
Chip Craig
GreyBeard Realty
Buyer's Agent
Lisa Jackson
Asheville Realty Group
List Price
$299,000
Sold Price
$210,000
Premium/Discount to List
-$89,000
-29.77%
Current Estimated Value
$798,025

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$588,025
Avg. Annual Appreciation
11.19%
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
Spence Mark D $210,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spence Mark D $227,000
Closed Spence Mark D $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2013 02/06/13 Sold $210,000 -29.8% $146 / Sq Ft
01/07/2013 01/07/13 Pending -- -- --
10/28/2011 10/28/11 For Sale $299,000 -- $209 / 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 $5,285 $501,200 $97,800 $403,400
2023 $5,285 $501,200 $97,800 $403,400
2022 $5,137 $501,200 $0 $0
2021 $5,055 $493,200 $0 $0
2020 $4,530 $419,800 $0 $0
2019 $4,446 $419,800 $0 $0
2018 $4,446 $419,800 $0 $0
2017 $4,400 $476,900 $0 $0
2016 $5,308 $476,900 $0 $0
2015 $2,621 $235,500 $0 $0
2014 $2,621 $235,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CARNCM508814

Canopy MLS (Canopy Realtor® Association)

APN: 0720-09-1636-00000