NOT LISTED FOR SALE

75 Magnolia Farms Dr Unit 14 Asheville, NC 28806

West Asheville Neighborhood

Estimated Value: $166,111 - $321,000

0.96 Acre
$240,317 Price per Acre
41,818 Sq Ft Lot

Last Sold December 23, 2020

Last sale price $114,000

Est. 102% increase in value since last sale

Current estimated payment $1,286/month

About This Lot

As of December 2020

Beautiful Easy Buildable Site With Gorgeous Long Range Views. Just minuntes to Vibrant Downtown Asheville and the French Broad River. Most of trees have been cleared to capture Outstanding Views, and Create a Low Cost to build on. Nestled Among Lush Rolling Hills, Green Pastures, Majestic Trees & Defining Ridge-Lines, a Small Private Upscale Community with Spacious Home Sites. Gently Lit Paved Roadways, & Underground Utilities Preserves Nature's Tranquility. 3 Bedroom Septic Approval. 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: 11/18/2020

Keller Williams Professionals Asheville

Last Buyer's Agent

Todd Kaderabek

Howard Hanna Beverly-Hanks Asheville-Downtown License #281198

Howard Hanna Beverly-Hanks Asheville-Downtown

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 9629-59-8827

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: 0.82014
  • Ratio Close Price By Original Li: 0.82014
  • Ratio Current Price By Acre: 118750.00
  • 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: Long Range View, Mountain View, Paved Frontage, Year Round View
  • Parcel Number: 9629-59-8827
  • Zoning Specification: OU
  • Plat Book Slide: 114/95

Tax Info

  • Tax Value: 64900.00
  • Tax Amount Ncm: 427.69
  • Tax Location: Buncombe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2020
Closed on
Dec 21, 2020
Sold by
R And B Farms Llc
Bought by
Aab Richard and Aab Kern
Seller's Agent
Marie Reed
Keller Williams Professionals Asheville
Buyer's Agent
Todd Kaderabek
Howard Hanna Beverly-Hanks Asheville-Downtown
List Price
$139,000
Sold Price
$114,000
Premium/Discount to List
-$25,000
-17.99%
Current Estimated Value
$230,704

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,704
Avg. Annual Appreciation
15.41%
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 $114,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2020 12/23/20 Sold $114,000 -18.0% --
11/18/2020 11/18/20 Pending -- -- --
11/18/2020 11/18/20 For Sale $139,000 -- --
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 $478 $73,300 $73,300 --
2024 $478 $73,300 $73,300 --
2023 $478 $73,300 $73,300 $0
2022 $457 $73,300 $0 $0
2021 $457 $73,300 $0 $0
2020 $434 $64,900 $0 $0
2019 $434 $64,900 $0 $0
2018 $428 $64,900 $0 $0
2017 $428 $54,100 $0 $0
2016 $392 $54,100 $0 $0
2015 $392 $54,100 $0 $0
2014 $381 $54,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3683564

Canopy MLS (Canopy Realtor® Association)

APN: 9629-59-8827-00000