NOT LISTED FOR SALE

67 Magnolia Farms Dr Unit 13 Asheville, NC 28806

West Asheville Neighborhood

Estimated Value: $1,004,000 - $1,198,735

1.15 Acres
$971,247 Price per Acre
50,094 Sq Ft Lot

Last Sold May 31, 2015

Last sale price $50,000

Est. 2,134% increase in value since last sale

Current estimated payment $6,294/month

2,419 Days on Market

About This Lot

As of May 2015

Breath of fresh mountain air with city conveniences. Come and see what Magnolia Farms Subdivision has to offer such as underground utilities, city water, county taxes, and old world street lamps. Generously sized and very buildable, this marvelous lot is where you can create your own mountain dream home complete with a basement! Septic Records for 3BR home in attachments. New homes being built in this lovely neighborhood.

Last Agent to Sell the Property

Carol Ball

Keller Williams Professionals License #63843 Listed on: 10/02/2008

Keller Williams Professionals

Last Buyer's Agent

Laura Dyer

Keller Williams Ballantyne Area License #194690

Keller Williams Ballantyne Area

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,888

Lot Details

  • Wooded Lot
  • Many Trees

Listing and Financial Details

  • Assessor Parcel Number 9629-59-6989-00000

Property Details

Property Type

Land

Est. Annual Taxes

$4,888

Lot Details

0

Listing Details

  • Property Type: Lots/Acres/Farms
  • Ratio Close Price By List Price: 0.83472
  • Ratio Close Price By Original Li: 0.06258
  • Ratio Current Price By Acre: 43478.26
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Sewer: Septic Tank
  • Water: City Water

Condo/Co-op/Association

  • Association Fee: 30.00

Lot Info

  • Lot Features: Paved Frontage, Sloping, Steep, Trees, Winter View, Wooded, Year Round View
  • Parcel Number: 9629-59-6989-00000
  • Zoning Specification: OU
  • Plat Reference Section Pages: 4431

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 29, 2019
Sold by
Flor Corbett Brandon Patrick and Flor De Maria Corbett
Bought by
Aab Richard Edward and Aab Kerri
Current Estimated Value
$1,116,934

Purchase Details

Closed on
Feb 23, 2017
Sold by
South 50 Llc
Bought by
Corbett Brandon Patrick and Corbett Flor De Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$655,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Oct 2, 2008
Closed on
May 28, 2015
Sold by
Corson Michelle and Weller Patricia
Bought by
South 50 Llc
Seller's Agent
Carol Ball
Keller Williams Professionals
Buyer's Agent
Laura Dyer
Keller Williams Ballantyne Area
List Price
$799,000
Sold Price
$50,000
Premium/Discount to List
-$749,000
-93.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.50%

Purchase Details

Closed on
Jun 28, 2007
Sold by
R & B Farms Llc
Bought by
Weller Patricia and Corson Michelle
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
Aab Richard Edward $715,000 None Available
Corbett Brandon Patrick $655,000 None Available
South 50 Llc $50,000 --
South 50 Llc $50,000 --
Weller Patricia $71,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Corbett Brandon Patrick $655,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2015 05/31/15 Sold $50,000 -93.7% --
05/18/2015 05/18/15 Pending -- -- --
10/02/2008 10/02/08 For Sale $799,000 -- --
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 $4,888 $749,000 $88,400 $660,600
2024 $4,888 $749,000 $88,400 $660,600
2023 $4,888 $749,000 $88,400 $660,600
2022 $4,666 $749,000 $0 $0
2021 $4,666 $749,000 $0 $0
2020 $4,421 $660,900 $0 $0
2019 $3,043 $454,900 $0 $0
2018 $2,998 $454,900 $0 $0
2017 $2,641 $59,300 $0 $0
2016 $429 $59,300 $0 $0
2015 $429 $59,300 $0 $0
2014 $417 $59,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CARNCM425644

Canopy MLS (Canopy Realtor® Association)

APN: 9629-59-6989-00000