NOT LISTED FOR SALE

61 Magnolia St Sylva, NC 28779

Estimated Value: $231,000 - $336,000

3 Beds
1 Bath
-- Sq Ft
0.47 Acres

Last Sold December 29, 2020

Last sale price $170,000

Est. 60% increase in value since last sale

Current estimated payment $1,495/month

320 Days on Market

Highlights

  • Ranch Style House
  • Porch
  • Baseboard Heating
  • No HOA
  • Storm Windows
  • Asbestos

About This Home

As of December 2020

One parcel with one old home needing many major repairs and one duplex that is currently leased and producing income- Located in downtown by Chipper Curve The duplex on the property has two - two bedroom one bath units. Both of these apartments stay rented throughout the year. Cash flow reports available to see rental property income.

Last Agent to Sell the Property

Morgan L Wray

Western Carolina Rentals And Real Estate Brokerage Phone: 8285862460 License #302752 Listed on: 01/10/2020

Last Buyer's Agent

Wanda Jones

Western Carolina Properties-Dillsboro License #187068

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,224

Year Built

  • Built in 1928

Lot Details

  • 0.47 Acre Lot
  • Level Lot

Parking

  • No Garage

Home Design

  • Ranch Style House
  • Shingle Roof
  • Wood Siding
  • Asbestos

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater

Additional Features

  • No Kitchen Appliances
  • Porch
  • City Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 7642425457

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,224

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family,Residential
  • Prop. Type: Residential
  • Lot Size Acres: 0.47
  • Road Surface Type: Paved
  • Ownership: More than One Year
  • Subdivision Name: None
  • Directions: Take Skyland Drive - Across from Hillman Automotive make sharp left where street forks- turn right on to Magnolia Street
  • Architectural Style: Ranch/Single
  • Carport Y N: No
  • Garage Yn: No
  • Structure Type: Multi Family
  • Year Built: 1928
  • Kitchen Level: First
  • NAV27_rets_property_type: Residential
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, None
  • Has Basement: None
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Some Hardwoods, Other-See Remarks, Vinyl
  • Interior Amenities: Other
  • Window Features: Windows-Storm Part
  • Room Bedroom2 Level: First
  • Living Room Living Room Level: First
  • Room Bedroom3 Area: 127.5
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 127.5
  • Room Living Room Area: 153
  • Room Bedroom3 Level: First
  • Room Kitchen Area: 195.5
  • Dining Room Dining Room Level: First
  • Master Bedroom Master Bedroom Width: 13.1667
  • Room Master Bedroom Area: 175.5556
  • Room Dining Room Area: 137.0417

Exterior Features

  • Lot Features: Level Yard, City Lot
  • View: No
  • Home Warranty: No
  • Construction Type: Wood Siding, Asbestos
  • Patio And Porch Features: Porch
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Sewer: TWSA
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Size Sq Ft: 20473.2
  • Parcel #: 7642425457
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1224.4
  • Tax Book Number: 1843

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2020
Closed on
Dec 11, 2020
Sold by
Campbell Sally M and Covin Judith Kaye
Bought by
Bock Brian and Bock Erin
Seller's Agent
Morgan L Wray
Western Carolina Rentals And Real Estate
Buyer's Agent
Wanda Jones
Western Carolina Properties-Dillsboro
List Price
$170,000
Sold Price
$170,000
Current Estimated Value
$272,183

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,183
Avg. Annual Appreciation
10.24%

Purchase Details

Closed on
Aug 2, 2005
Sold by
Campbell Sally Mae
Bought by
Campbell Sally M and Covin Judith Kaye
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
Bock Brian $170,000 None Available
Campbell Sally M $2,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/29/2020 12/29/20 Sold $170,000 0.0% --
11/29/2020 11/29/20 Pending -- -- --
01/13/2020 01/13/20 For Sale $170,000 -- --
Source: Carolina Smokies Association of REALTORS®

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 $815 $214,433 $36,900 $177,533
2024 $575 $151,433 $38,490 $112,943
2023 $911 $169,900 $38,490 $131,410
2022 $911 $169,900 $38,490 $131,410
2021 $646 $169,900 $38,490 $131,410
2020 $678 $128,620 $30,790 $97,830
2019 $678 $128,620 $30,790 $97,830
2018 $678 $128,620 $30,790 $97,830
2017 $665 $128,620 $30,790 $97,830
2015 $638 $128,620 $30,790 $97,830
2011 -- $160,230 $38,130 $122,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26014631

APN: 7642-42-5457