NOT LISTED FOR SALE

Magnolia, NC 28453

Estimated Value: $336,000 - $486,000

7 Beds
4 Baths
3,781 Sq Ft
$110/Sq Ft Est. Value

Last Sold May 31, 2022

Last sale price $350,000 $93 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,541/month

26 Days on Market

Highlights

  • Deck
  • Attic
  • Sun or Florida Room
  • Wood Flooring
  • Bonus Room
  • Mud Room

About This Home

As of May 2022

Welcome to Magnolia, NC! This spacious, well-built Ranch style brick home has great potential including an apartment with two bedrooms. It offers five bedrooms with cedar closets and many extras including a bonus room and an office. Entertain friends and family in the welcoming dining room surrounded by natural lighting. Inviting private formal living room is perfect for privacy while the comfortable den with cozy fireplace off the kitchen allows you to set back and unwind for the day. Find a secluded area in the back or side yard where you can relax and enjoy the large lot showcasing the expansive lawn. Two car garage and workshop area with lots of storage space. Appliances and some furnishings included. Close to I-40 and Hwy. 24.

Last Agent to Sell the Property

Keith Beatty

Intracoastal Realty Corp License #130521 Listed on: 03/22/2022

Intracoastal Realty Corp

Last Buyer's Agent

Marissa Reyes

MacDonald Realty Group License #318668

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,117

Year Built

  • Built in 1953

Lot Details

  • 2.17 Acre Lot
  • Fenced Yard
  • Wood Fence
  • Open Lot

Home Design

  • Brick Exterior Construction
  • Metal Roof
  • Stick Built Home

Interior Spaces

  • 3,781 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Blinds
  • Mud Room
  • Family Room
  • Living Room
  • Formal Dining Room
  • Home Office
  • Bonus Room
  • Workshop
  • Sun or Florida Room
  • Crawl Space
  • Attic

Kitchen

  • Double Oven
  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Bedroom Suite
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Storm Windows
  • Storm Doors

Parking

  • 4 Garage Spaces | 2 Attached and 2 Detached
  • Driveway

Outdoor Features

  • Deck
  • Patio
  • Gazebo
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil Below Ground
  • Heating System Uses Propane
  • Heat Pump System
  • Hot Water Heating System
  • Propane Water Heater
  • Fuel Tank

Community Details

  • No Home Owners Association
  • Security Lighting

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,117

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Appliances Equipment: Cooktop - Gas, Dishwasher, Washer, Vent Hood, Stove/Oven - Gas, Refrigerator, Ice Maker, Dryer, Double Oven, Disposal
  • Handicap Accessible: None
  • List Priceper Sq Ft: 89.41
  • New Construction: No
  • Prospect Exempt: No
  • Secondary Subdivision: N/A
  • Total Real Estate Property Taxes: 3117.30
  • Waterview: No
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Walk-In
  • Basement: None
  • Dining Room Type: Formal
  • Fireplace: 1
  • Flooring: Carpet, Tile, Wood, Vinyl
  • Interior Amenities: 1st Floor Master, Workshop, Gas Logs, Pantry, Mud Room, Ceiling Fan(s), Blinds/Shades, Apt/Suite
  • Laundry Location: Hookup - Dryer, Room, Hookup - Washer
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Bedrooms: 7
  • Bedroom1 Level: First
  • Bedroom2 Level: First
  • Bedroom3 Level: First
  • Bedroom4 Level: First
  • Bedroom5 Level: First
  • Bedroom6 Level: Second
  • Bedroom7 Level: Second
  • Bonus Room Level: First
  • Family Room Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Office Level: First
  • Other Level: First
  • Sunroom Level: First
  • Sq Ft Heated: 3781.00
  • Sq Ft Heated Separate: 693.00
  • Stories: 1.0
  • Stories Levels: One
  • Total Heated Primary Separate Sq Ft: 4474.00

Exterior Features

  • Exterior Features: Security Lighting, Storm Windows, Storm Doors
  • Exterior Finish: Brick
  • Exterior Structures: Gazebo
  • Fencing: Back Yard, Wood
  • Foundation: Crawl Space
  • On Site Pool Spa: None
  • Porch Balcony Deck: Deck, Patio, Porch
  • Road Type Frontage: Maintained, Public (City/Cty/St), Paved
  • Roof: Metal
  • Waterfront: No

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Detached Garage Spaces: 2.00
  • Garage And Parking Driveway Spaces: 4.00
  • Total Garage Spaces: 4.00
  • Parking Driveway: On Site, Paved

Utilities

  • Cooling System: Central
  • Fuel Tank: Oil Buried, Propane Above Ground
  • Fuel Tank Ownership: Owned
  • Heated Sq Ft: 3500 - 3999
  • Heating System: Forced Air, Hot Water, Heat Pump
  • Service Providers Electric Provider: Duke Energy
  • Service Providers Sewer Provider: City/Town
  • Service Providers Water Provider: Town of Magnolia
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric, Propane
  • Heating System Fuel Source: Electric, Propane Gas

Association/Amenities

  • H O A: No
  • H O Aand Neighborhood Amenities: No Amenities

Fee Information

  • Home Warranty Termite Company: Murray Exterminating
  • Home Warranty Termite Company Phone: 910-285-5980

Schools

  • Middle School2: Other

Lot Info

  • Cobra Zone: No
  • Deed Page: 127.00
  • Lot Acres: 2.17
  • Lot Description: Open
  • Lot Dimensions: Irregular
  • Lot Sq Ft: 94525.00
  • Zoning: Residential

Tax Info

  • Tax Year: 2021
  • Total City Real Estate Property Tax: 1486.56

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2022
Closed on
May 27, 2022
Sold by
Ruth M Quinn Revocable Trust
Bought by
Hotaling Gary and Hotaling Dawn
Seller's Agent
Keith Beatty
Intracoastal Realty Corp
Buyer's Agent
Marissa Reyes
MacDonald Realty Group
List Price
$400,000
Sold Price
$350,000
Premium/Discount to List
-$50,000
-12.5%
Current Estimated Value
$415,979

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,979
Avg. Annual Appreciation
4.82%
Original Mortgage
$200,000
Outstanding Balance
$189,738
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$226,241
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Hotaling Gary $350,000 Fisher Glenn Okeith
Hotaling Gary $350,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hotaling Gary $200,000
Closed Hotaling Gary $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2022 05/31/22 Sold $350,000 -12.5% $93 / Sq Ft
04/17/2022 04/17/22 Pending -- -- --
03/22/2022 03/22/22 For Sale $400,000 -- $106 / Sq Ft
Source: Hive 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 $4,539 $363,100 $31,900 $331,200
2024 $2,913 $207,300 $26,300 $181,000
2023 $3,012 $207,300 $26,300 $181,000
2022 $2,952 $214,400 $26,900 $187,500
2021 $3,012 $214,400 $26,900 $187,500
2020 $1,576 $214,400 $26,900 $187,500
2019 $1,533 $214,400 $26,900 $187,500
2018 $1,533 $214,400 $26,900 $187,500
2016 $1,416 $194,000 $26,900 $167,100
2013 $1,369 $194,000 $26,900 $167,100
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2022

    Keith Beatty

    Intracoastal Realty Corp

    (910) 509-1924

    654 Total Sales

    Keith Beatty
    Section Image

  • M

    Buyer's Agent in 2022

    Marissa Reyes

    MacDonald Realty Group

    Section Image
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Source: Hive MLS

MLS Number: 100318550

Hive MLS

APN: 12-1394

North Carolina Duplin County Magnolia

28453

Not Listed for Sale

Detached

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