$15,000
SOLD JUL 16, 2025

92 Mountain Magnolia Dr Leicester, NC 28748

1.2 Acres
$12,500 Price per Acre
52,272 Sq Ft Lot

Recently Sold

40% Below List Price

5 Days on Market

About This Lot

As of July 2025

Gently sloping lot in Moore's Valley, a gated community with stunning long-range views! Enjoy top-tier amenities, including a clubhouse, outdoor fireplace, open-air pavilion, and hiking trails. Conveniently located off New Leicester Highway, just 15 minutes from Downtown Asheville. This lot is ideal for a full-time residence or a weekend mountain retreat. Short-term rentals are allowed, and the community features beautiful, well-maintained homes.

A minimum build of 1,800 square feet is required, with at least 1,200 square feet on the main level. Asheville offers excellent restaurants, shopping, art, culture, craft breweries, and abundant outdoor recreation. Driveway to most likely come from northern end of parcel and place home in widest part of parcel

Last Agent to Sell the Property

Cole Ordiway

BluAxis Realty Brokerage Email: cole@bluaxis.com License #332257 Listed on: 03/28/2025

Last Buyer's Agent

Non Member

Canopy Administration

Property Details

Property Type

  • Land

Lot Details

  • Sloped Lot
  • Hilly Lot
  • Wooded Lot
  • Possible uses of the property include Residential
  • Property is zoned OU

HOA Fees

  • $58 Monthly HOA Fees

Utilities

  • Well Required
  • Septic Needed

Community Details

  • Moores Valley Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 9609-18-7447-00000

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$58 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Lot
  • Habitable Residence Yn: No
  • Restrictions: Deed,Short Term Rental Allowed
  • Road Surface Type: Paved
  • Geocode Confidence: High
  • Attribution Contact: cole@bluaxis.com
  • Special Features: None

Interior Features

  • Possible Use: Residential

Garage/Parking

  • Carport Y N: No
  • Open Parking: No

Utilities

  • Sewer: Septic Needed
  • Water Source: Well Needed

Condo/Co-op/Association

  • Association Fee: 700
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No

Association/Amenities

  • Association Annual Expense: 700.00

Schools

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

Lot Info

  • Lot Features: Hilly, Sloped, Wooded, Views
  • Lot Size Area: 1.2
  • Lot Size Units: Acres
  • Parcel Number: 9609-18-7447-00000
  • Zoning: OU
  • Additional Parcels: No
  • Zoning Specification: OU

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2025
Closed on
Jun 5, 2025
Sold by
Nestor John M and Nestor Joann
Bought by
Evergreen Horizon Inc
Seller's Agent
Cole Ordiway
BluAxis Realty
Buyer's Agent
Non Member
Canopy Administration
List Price
$25,000
Sold Price
$15,000
Premium/Discount to List
-$10,000
-40%
Views
8

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2209506.87%

Purchase Details

Closed on
Sep 21, 2007
Sold by
Wkrb Llc
Bought by
Nestor John M and Nestor Joann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,064
Interest Rate
6.49%
Mortgage Type
Unknown
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 Type Sale Price Title Company
Warranty Deed $15,000 None Listed On Document
Warranty Deed $15,000 None Listed On Document
Warranty Deed $129,500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $108,064 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2025 07/16/25 Sold $15,000 -40.0% --
03/28/2025 03/28/25 For Sale $25,000 -- --
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
2024 -- $51,300 $51,300 --
2023 $325 $51,300 $51,300 $0
2022 $320 $51,300 $0 $0
2021 $320 $51,300 $0 $0
2020 $343 $51,300 $0 $0
2019 $343 $51,300 $0 $0
2018 $338 $51,300 $0 $0
2017 $0 $51,300 $0 $0
2016 $371 $51,300 $0 $0
2015 $371 $51,300 $0 $0
2014 $361 $51,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4240424

Canopy MLS (Canopy Realtor® Association)

APN: 9609-18-7447-00000