NOT LISTED FOR SALE

438 Magnolia St Davidson, NC 28036

Estimated Value: $498,000 - $530,000

3 Beds
2.5 Baths
1,795 Sq Ft
$284/Sq Ft Est. Value

Last Sold December 16, 2024

Last sale price $499,000 $278 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,434/month

43 Days on Market

Highlights

  • 2 Car Detached Garage
  • Davidson Elementary School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of December 2024

End unit with the most private and large corner lot/patio with pergola! Custom landscaping with gorgeous Magnolias that give such nice privacy. This beautiful brick townhouse has been updated and is ready for a new owner! Freshly painted, new wood floors, Quartz counters in the kitchen with a beautiful backsplash ,new lighting fixtures, new dishwasher, new tile and vanity in secondary bath and HVAC is only 1 year old! Short walk to downtown Davidson with it's wonderful restaurants, shopping, library , coffee, ice cream and more! Davidson College sports and culture are just a short walk too! Don't miss this one!

Last Listed By

Beth Sullivan

Allen Tate Davidson Brokerage Email: bethknox.sullivan@allentate.com License #182487 Listed on: 09/27/2024

Allen Tate Davidson

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,267

Year Built

  • Built in 2008

Lot Details

  • 4,356

HOA Fees

  • $318 Monthly HOA Fees

Parking

  • 2 Car Detached Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 2-Story Property
  • Family Room with Fireplace
  • Dryer

Kitchen

  • Convection Oven
  • Electric Oven
  • Electric Cooktop
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Davidson K-8 Elementary School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • Davidson Bay Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 00327560

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,267

Year Built

Built in 2008

Lot Details

0

HOA Fees

$318 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Year Built: 2008
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 277.99
  • Geocode Confidence: High
  • Attribution Contact: bethknox.sullivan@allentate.com
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Entry Level: 1
  • Fireplace: Yes
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 914
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 881
  • Appliances: Convection Oven, Dishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Gas Water Heater
  • Above Grade Finished Sq Ft: 1795
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Gas
  • Living Area: 1795
  • Bedroom Main: 0
  • Room Count: 11

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Construction Type: Brick Partial

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 440
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Detached Garage

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup
  • Cooling: Central Air, Electric
  • Utilities: Electricity Connected, Gas
  • Water Source: City

Condo/Co-op/Association

  • Association Fee: 318
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Annual Expense: 3816.00

Schools

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

Lot Info

  • Lot Size Area: 0.1
  • Lot Size Units: Acres
  • Parcel Number: 00327560
  • Land Included Yn: 1
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R309

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: Yes

MLS Schools

  • Elementary School: Davidson K-8
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2024
Closed on
Dec 16, 2024
Sold by
Kennedy John Joseph and Stoutjesdyk Marcia Sue
Bought by
Sullivan Lucas and Hoover Lyndsey B
Seller's Agent
Beth Sullivan
Allen Tate Davidson
Buyer's Agent
Beth Sullivan
Allen Tate Davidson
List Price
$539,000
Sold Price
$499,000
Premium/Discount to List
-$40,000
-7.42%
Total Days on Market
43
Views
65
Current Estimated Value
$509,692

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,692
Avg. Annual Appreciation
6.24%
Original Mortgage
$299,000
Outstanding Balance
$297,955
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$211,737

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 Buyer Sale Price Title Company
Sullivan Lucas $499,000 None Listed On Document
Sullivan Lucas $499,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sullivan Lucas $299,000
Closed Sullivan Lucas $299,000
Previous Owner Kennedy John Joseph $80,000
Previous Owner Kennedy John Joseph $175,250
Previous Owner Stoutjesdyk Marcia S $25,000
Previous Owner Kennedy John Joseph $212,119
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2024 12/16/24 Sold $499,000 -5.8% $278 / Sq Ft
10/29/2024 10/29/24 Price Changed $529,900 -1.7% $295 / Sq Ft
09/27/2024 09/27/24 For Sale $539,000 -- $300 / 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
2023 $3,267 $436,000 $115,000 $321,000
2022 $2,592 $271,000 $75,000 $196,000
2021 $2,698 $271,000 $75,000 $196,000
2020 $2,698 $271,000 $75,000 $196,000
2019 $2,692 $271,000 $75,000 $196,000
2018 $2,361 $181,800 $27,000 $154,800
2017 $2,344 $181,800 $27,000 $154,800
2016 $2,341 $181,800 $27,000 $154,800
2015 $2,337 $181,800 $27,000 $154,800
2014 $2,335 $181,800 $27,000 $154,800
Source: Public Records

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Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4184435

Canopy MLS (Canopy Realtor® Association)

APN: 003-275-60