NOT LISTED FOR SALE

726 Lake Magnolia Way Smithfield, NC 27577

Estimated Value: $753,000 - $1,134,933

1.56 Acres
$608,963 Price per Acre
67,954 Sq Ft Lot

Last Sold June 01, 2022

Last sale price $150,000

Est. 533% increase in value since last sale

Current estimated payment $5,590/month

456 Days on Market

Highlights

  • Water Views
  • Cul-De-Sac
  • Level Lot
  • 1.56 Acre Lot

About This Lot

As of June 2022

BUILDING LOT in LAKE MAGNOLIA S/D! PRIVATE - GATED Sports Lake Community! 130 AC Subdivision with 17 Home Sites, 60 AC of Nature Preserve, Community Sports Boat & Boathouse, Man-Made Lake with Year-Round MAGNIFICENT LAKE VIEWS! No Time Limit to Build, MAY USE OWN BUILDER, Plans MUST be HOA Approved. Easy access to I-40 & I-95! PRE-SALES AVAILABLE!

Last Agent to Sell the Property

Cathy Smith

Coldwell Banker Advantage License #250593 Listed on: 02/01/2021

Coldwell Banker Advantage

Last Buyer's Agent

Alina Karpenko

Alina Real Estate Inc. License #254796

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,646

Lot Details

  • 1.56 Acre Lot
  • Property fronts a private road
  • Cul-De-Sac
  • Level Lot
  • Open Lot
  • Cleared Lot
  • Property is zoned AR

Property Views

  • Water Views

Schools

  • W Smithfield Elementary School
  • Swift Creek Middle School
  • Cleveland High School

Utilities

  • Perc Test On File For Septic Tank
  • Septic Needed
  • Phone Available
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • Lake Magnolia Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$6,646

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Road Frontage Type: Private Road, None
  • Road Surface Type: Paved
  • Subdivision Name: Lake Magnolia
  • General Property Information Lot Size Dimensions: PlatBK69,PG450-453
  • Water Source Public: Yes
  • Utilities Cable Available: Yes
  • Sewer Septic Needed: Yes
  • Utilities Electricity Available: Yes
  • Utilities Phone Available: Yes
  • Utilities Water Available: Yes
  • Lot Water Features Water View: Yes
  • Vegetation Cleared2: Yes
  • Sewer Perc Test On File: Yes
  • General Property Information Lot Size Acres: 1.56
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 1.56
  • Lot Features:Cul-De-Sac: Yes
  • Lot Features:Open Lot: Yes
  • Lot Features:Level: Yes

Utilities

  • Utilities: Cable Available, Electricity Available, Phone Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee Frequency: Annually

Schools

  • Ninth Grade High School: Johnston - Cleveland
  • Middle Or Junior School: Johnston - Swift Creek

Lot Info

  • Zoning: AR
  • Current Use: Vacant
  • Lot Dimensions: PlatBK69,PG450-453
  • Lot Size Sq Ft: 67953.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: DBK3729,PG810

MLS Schools

  • Elementary School: Johnston - W Smithfield

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2021
Closed on
Jun 1, 2022
Sold by
Harris David J and Harris Theresa L
Bought by
Abdurakhmanov Zamir and Giles Caitlyn
Seller's Agent
Cathy Smith
Coldwell Banker Advantage
Buyer's Agent
Alina Karpenko
Alina Real Estate Inc.
List Price
$149,000
Sold Price
$150,000
Premium/Discount to List
$1,000
0.67%
Current Estimated Value
$949,983

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$799,983
Avg. Annual Appreciation
74.07%

Purchase Details

Closed on
Jul 7, 2009
Sold by
Lake Magnolia Llc
Bought by
Harris David J and Harris Theresa L
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
Abdurakhmanov Zamir $150,000 Wirght Law Firm Pc
Harris David J $165,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2023 12/14/23 Off Market $150,000 -- --
06/01/2022 06/01/22 Sold $150,000 +0.7% --
05/03/2022 05/03/22 Pending -- -- --
08/02/2021 08/02/21 For Sale $149,000 0.0% --
04/29/2021 04/29/21 Pending -- -- --
02/01/2021 02/01/21 For Sale $149,000 -- --
Source: Doorify MLS

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 $6,646 $1,046,540 $140,000 $906,540
2024 $5,889 $727,040 $140,000 $587,040
2023 $1,113 $140,000 $140,000 $0
2022 $1,169 $140,000 $140,000 $0
2021 $1,134 $140,000 $140,000 $0
2020 $1,176 $140,000 $140,000 $0
2019 $1,176 $140,000 $140,000 $0
2018 $1,462 $170,000 $170,000 $0
2017 $1,462 $170,000 $170,000 $0
2016 $1,462 $170,000 $170,000 $0
2015 $1,428 $170,000 $170,000 $0
2014 $1,428 $170,000 $170,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Cathy Smith

    Seller's Agent in 2022

    Cathy Smith

    Coldwell Banker Advantage

    (919) 820-3682

    6 in this area

    52 Total Sales

    Cathy Smith
    Section Image
  • Alina Karpenko

    Buyer's Agent in 2022

    Alina Karpenko

    Alina Real Estate Inc.

    (919) 906-3419

    1 in this area

    102 Total Sales

    Alina Karpenko
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2364399

Doorify MLS

APN: 15H08002U

North Carolina Johnston County Smithfield 27577

726 Lake Magnolia Way, Smithfield, NC

This home is located at 726 Lake Magnolia Way, Smithfield, NC 27577 since 01 February 2021 and is currently estimated at $949,983. 726 Lake Magnolia Way is a home located in Johnston County with nearby schools including West Smithfield Elementary School, Swift Creek Middle, and Cleveland High School.

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