NOT LISTED FOR SALE

742 Lake Magnolia Way Smithfield, NC 27577

Estimated Value: $603,000 - $825,000

1.79 Acres
$382,463 Price per Acre
77,972 Sq Ft Lot

Last Sold July 07, 2023

Last sale price $125,000

Est. 448% increase in value since last sale

Current estimated payment $3,944/month

720 Days on Market

Highlights

  • Water Views
  • Cul-De-Sac
  • Level Lot
  • 1.79 Acre Lot
  • Brush Vegetation

About This Lot

As of July 2023

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 MAGNIFICENT LAKE VIEWS! No Time Limit to Build, MAY USE OWN BUILDER, Plans MUST be HOA Approved. Easy access to I-40 & I-95!

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

Kristie DeVaney

DeVaney Realty License #203047

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,763

Lot Details

  • 1.79 Acre Lot
  • Property fronts a private road
  • Cul-De-Sac
  • Brush Vegetation
  • 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

$3,763

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
  • Vegetation Brush: Yes
  • Sewer Perc Test On File: Yes
  • General Property Information Lot Size Acres: 1.79
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 1.79
  • 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: 77972.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: DBK3729,PG820

MLS Schools

  • Elementary School: Johnston - W Smithfield

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 7, 2009
Sold by
Lake Magnolia Llc
Bought by
Harris David J and Harris Theresa L
Current Estimated Value
$684,608
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Harris David J $135,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2023 12/14/23 Off Market $125,000 -- --
07/07/2023 07/07/23 Sold $125,000 0.0% --
01/22/2023 01/22/23 Pending -- -- --
02/01/2021 02/01/21 For Sale $125,000 -- --
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 $3,763 $592,670 $140,000 $452,670
2024 $3,541 $437,120 $140,000 $297,120
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 2023

    Cathy Smith

    Coldwell Banker Advantage

    (919) 820-3682

    6 in this area

    52 Total Sales

    Cathy Smith
    Section Image

  • K

    Buyer's Agent in 2023

    Kristie DeVaney

    DeVaney Realty

    (919) 280-6171

    1 in this area

    14 Total Sales

    Kristie DeVaney
    Section Image
See All Agents

Map

Source: Doorify MLS

MLS Number: 2364408

Doorify MLS

APN: 15H08002V

North Carolina Johnston County Smithfield 27577

742 Lake Magnolia Way, Smithfield, NC

This home is located at 742 Lake Magnolia Way, Smithfield, NC 27577 since 01 February 2021 and is currently estimated at $684,608. 742 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Doorify MLS Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2025 Doorify MLS, Inc. of North Carolina. All rights reserved.

Nearby Homes