NOT LISTED FOR SALE

57 Magnolia Farms Dr Unit 11 Asheville, NC 28806

West Asheville Neighborhood

Estimated Value: $111,610 - $365,000

0.98 Acre
$186,126 Price per Acre
42,689 Sq Ft Lot

Last Sold March 30, 2020

Last sale price $70,000

Est. 161% increase in value since last sale

Current estimated payment $1,033/month

21 Days on Market

About This Lot

As of March 2020

Easy Buildable Lot In A Well Established Small Upscale Private Community. Gently Lit Paved Roadways, Spacious Home sites w/ Underground Utilities that Preserves Nature's Tranquility.Nestled Among Lush Rolling Hills, Green Pastures, Majestic Trees & Defining Ridge-Lines. 3 Bedroom Septic Approval. Close to Schools and Shopping. Great In House Builder if needed. You Must Walk Up To House Site To Capture The Views. AT&T Is Installing Super High Speed Fiber Optic Network Infrastructure.

Last Agent to Sell the Property

Marie Reed

Keller Williams Professionals Asheville License #244191 Listed on: 02/03/2020

Keller Williams Professionals Asheville

Last Buyer's Agent

Patti Shelton

LuxeMountain Properties License #277716

Property Details

Property Type

  • Land

Lot Details

HOA Fees

  • $30 Monthly HOA Fees

Utilities

  • Septic Needed

Community Details

  • Ron Hilton Association, Phone Number (239) 777-2062

Listing and Financial Details

  • Assessor Parcel Number 9720504220

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$30 per month

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.88608
  • Ratio Close Price By Original Li: 0.88608
  • Ratio Current Price By Acre: 71428.57
  • Restrictions: Architectural Review, Manufactured Home Not Allowed
  • Restrictions Description: Yes
  • Special Features: None

Interior Features

  • H O A Management Phone: (239)777-2062

Utilities

  • Sewer: Septic Needed
  • Water: City Water

Condo/Co-op/Association

  • Association Fee: 360.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Ron Hilton
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Lot Features: Paved Frontage
  • Parcel Number: 9720504220
  • Zoning Specification: OU
  • Plat Book Slide: 131/82
  • Plat Reference Section Pages: 942

Tax Info

  • Tax Value: 65600.00
  • Tax Amount Ncm: 427.69
  • Tax Location: Buncombe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2020
Closed on
Mar 25, 2020
Sold by
R And B Farms Llc
Bought by
Phillips Shirley Ann and Jordan Gary Brent
Seller's Agent
Marie Reed
Keller Williams Professionals Asheville
Buyer's Agent
Patti Shelton
LuxeMountain Properties
List Price
$79,000
Sold Price
$70,000
Premium/Discount to List
-$9,000
-11.39%
Current Estimated Value
$182,403

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,403
Avg. Annual Appreciation
18.47%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Phillips Shirley Ann $70,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2020 03/30/20 Sold $70,000 -11.4% --
02/24/2020 02/24/20 Pending -- -- --
02/03/2020 02/03/20 For Sale $79,000 -- --
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
2025 $484 $74,100 $74,100 --
2024 $484 $74,100 $74,100 --
2023 $484 $74,100 $74,100 $0
2022 $462 $74,100 $0 $0
2021 $462 $74,100 $0 $0
2020 $439 $65,600 $0 $0
2019 $439 $65,600 $0 $0
2018 $432 $65,600 $0 $0
2017 $432 $41,000 $0 $0
2016 $297 $41,000 $0 $0
2015 $297 $41,000 $0 $0
2014 $289 $41,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3583533

Canopy MLS (Canopy Realtor® Association)

APN: 9720-50-4220-00000