NOT LISTED FOR SALE

8535 Magnolia Springs Dr Harrisburg, NC 28075

Estimated Value: $478,000 - $525,000

5 Beds
2.5 Baths
2,504 Sq Ft
$200/Sq Ft Est. Value

Last Sold May 23, 2022

Last sale price $500,000 $200 Per Sq Ft

Current estimated payment $3,053/month

27 Days on Market

Highlights

  • Fireplace
  • More Than Two Accessible Exits
  • Central Heating
  • Hickory Ridge Elementary School Rated A
  • Fire Pit
  • Fenced

About This Home

As of May 2022

Great opportunity to live in Harrisburg! 8535 Magnolia Springs is a 2500sqt 5 Bedroom 2/1 Bath masterpiece! No stone left unturned. Huge kitchen with upgraded appliances, abundance of cabinets and plenty of counter top space. Open floor plan with stone covered fireplace that leads to large sun room! Enjoy a back yard you will never want to leave. Plenty of room for entertainment on the Travertine patio and sunken fire pit. Primary suit offers coffered ceiling as well as electric fireplace. Primary bathroom has been complete upgraded with walk-in-shower and double vanity sinks. Don't miss the walk-in California style closet!
**Multiple Offers. Highest and best by 5pm Friday April 29th***

The most important items to the seller is purchase price and due diligence. They do not need a specific closing date but sooner the better! They prefer to close to RBBM Law.

Last Agent to Sell the Property

Nick Cabaniss

Carolina Realty & Investing Group LLC License #255161 Listed on: 04/26/2022

Last Buyer's Agent

Derek Worrell

NorthGroup Real Estate LLC License #240375

NorthGroup Real Estate LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,622

Year Built

  • Built in 2006

Lot Details

  • Fenced
  • Zoning described as RM-1

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Hardboard

Interior Spaces

  • Fireplace
  • Laminate Flooring
  • Pull Down Stairs to Attic
  • Electric Dryer Hookup

Kitchen

  • Electric Cooktop
  • Plumbed For Ice Maker
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms

Utilities

  • Central Heating
  • Vented Exhaust Fan
  • Gas Water Heater

Additional Features

  • More Than Two Accessible Exits
  • Fire Pit

Community Details

  • Magnolia Springs Subdivision
  • Mandatory Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5516-27-9487-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,622

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2006
  • Ratio Current Price By Acre: 3333333.33
  • Road Surface Type: Concrete
  • Structure Type: Two Story
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Fireplace: Yes
  • Flooring: Laminate
  • Interior Amenities: Attic Stairs Pulldown
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1238
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 1266
  • Porch: Front
  • Appliances: Cable Prewire, CO Detector, Electric Cooktop, Disposal, Electric Dryer Hookup, Exhaust Fan, Plumbed For Ice Maker
  • Accessibility Features: Two or More Access Exits
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Gas Log
  • Living Area: 2504
  • Full Bathrooms: 0
  • Total Bedrooms: 1
  • Half Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Half Bathrooms: 0

Exterior Features

  • Exterior Features: Fence, Fire Pit
  • New Construction: No
  • Tax Location: No City Taxes Paid
  • Construction Type: Site Built
  • Construction Type: Brick Partial, Hardboard Siding

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 414
  • Parking Features: Garage - 2 Car

Utilities

  • Heating: Central
  • Sewer: Public Sewer
  • Water Heater: Gas
  • Laundry Features: Upper Level
  • Water Source: Public

Condo/Co-op/Association

  • Hoa Subject To Dues: Mandatory

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Required

Lot Info

  • Lot Size Area: 0.15
  • Lot Size Units: Acres
  • Parcel Number: 5516-27-9487-0000
  • Lot Size: x
  • Zoning Description: RM-1

Tax Info

  • RATIO List Price By Tax Amount: 1.67628

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 21, 2023
Sold by
Sfr Acquisitions 3 Llc
Bought by
Sfr Acquisitions 2022 Llc
Current Estimated Value
$500,725

Purchase Details

Listed on
Apr 26, 2022
Closed on
May 23, 2022
Sold by
Rahman and Habib
Bought by
Sfr Acquisitions 3 Llc
Seller's Agent
Nick Cabaniss
Carolina Realty & Investing Group LLC
Buyer's Agent
Derek Worrell
NorthGroup Real Estate LLC
List Price
$459,000
Sold Price
$500,000
Premium/Discount to List
$41,000
8.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.69%

Purchase Details

Closed on
Sep 3, 2021
Sold by
Rahman Kelly and Rahman Habib
Bought by
Rahman Kelly and Rahman Habib

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,548
Interest Rate
2.1%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 23, 2015
Sold by
Ali Salvatore and Ali Alycia K
Bought by
Maxwell Kelly Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,069
Interest Rate
3.79%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 8, 2006
Sold by
Mccar Homes Charlotte Llc
Bought by
Ali Salvatore and Ali Alycia K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
6.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 7, 2006
Sold by
Magnolia Springs Subdivision Llc
Bought by
Mccar Homes Charlotte Llc
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
Sfr Acquisitions 2022 Llc -- Realtech Title
Sfr Acquisitions 3 Llc $500,000 Old Republic Title
Rahman Kelly -- None Available
Maxwell Kelly Marie $217,000 None Available
Ali Salvatore $218,000 None Available
Mccar Homes Charlotte Llc $420,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rahman Kelly $175,548
Previous Owner Maxwell Kelly Marie $213,069
Previous Owner Ali Salvatore $153,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2022 05/23/22 Sold $500,000 +8.9% $200 / Sq Ft
04/26/2022 04/26/22 For Sale $459,000 -- $183 / Sq Ft
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
2024 $4,622 $468,790 $100,000 $368,790
2023 $3,296 $280,490 $60,000 $220,490
2022 $3,217 $273,820 $60,000 $213,820
2021 $2,998 $273,820 $60,000 $213,820
2020 $2,998 $273,820 $60,000 $213,820
2019 $2,430 $221,930 $35,000 $186,930
2018 $2,386 $221,930 $35,000 $186,930
2017 $2,197 $221,930 $35,000 $186,930
2016 $2,197 $195,180 $27,000 $168,180
2015 $1,278 $195,180 $27,000 $168,180
2014 $1,278 $195,180 $27,000 $168,180
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3853930

Canopy MLS (Canopy Realtor® Association)

APN: 5516-27-9487-0000