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40 Magnolia Avenue, Asheville, NC 28801
$495,000 Sale Pending
40 Magnolia Avenue, Asheville, NC 28801View this property at 40 Magnolia Avenue, Asheville, NC 28801
40 Magnolia AvenueAshevilleNC28801
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Property Description
Classic Historic Montford Bungalow walking distance to downtown. Charming front porch overlooking quiet street. Natural light throughout. Great floorplan with 3 large bedrooms and handsome entry/central hall. Hardwood floors, original trim/hardware, wavy glass windows, and fireplace mantels. Tree-lined street with sidewalks. Steps from the Magnolia playground and Reed Creek greenway. Bike/Walk to UNCA Farmers Market and Botanical Gardens. Brand new roof April 2024 with transferable warranty. Newer gas furnace. AC easily can be added for 6K. Owner has invested in unsexy stuff (roof, drainage, foundation) but bath and kitchen await next owners finishing touches. Priced accordingly. Private backyard with tons of potential for landscaping and the possibility of an addition (think big kitchen and second bath). See proposed new survey in attachments. Bones and location can't be beat. Broker owned. Interior photos coming later today.
Full Property Details
Full Property Details for 40 Magnolia Ave
General
- Price: $495,000
- Status: Pending
- Type: Single Family
- MLS ID: 4127199
- Updated: 5/11/2024
- Added to Site: 23 day(s) ago
Interior
- Interior Features: Attic Other, Pantry, Walk-In Pantry
- Fireplace(s): Living Room, Primary Bedroom, Other - See Remarks, Living Room, Primary Bedroom, Other - See Remarks
- Appliances: Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, ENERGY STAR Qualified Washer, ENERGY STAR Qualified Dryer, Oven, Refrigerator, Washer/Dryer
- Flooring: Wood, Other - See Remarks
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Main - Full Baths: 1
Bedrooms
- Total Bedrooms: 3
- Bedrooms Main & Up: 3
Other Rooms
- Laundry: Mud Room, In Unit, Inside, Laundry Room, Main Level
Exterior
- Exterior Features: Fire Pit
Parking
- Parking Features: On Street
Location
- County: Buncombe
- Subdivision: Montford
School Information
- Elementary School: Asheville City
- Middle School: Asheville
- High School: Asheville
Heating & Cooling
- Cooling Type: Ceiling Fan(s)
- Heating Type: Baseboard, Central, Natural Gas
Utilities
- Sewer: Public Sewer
- Water: City
- Utility Description: Gas
Structural Information
- Architectural Style: Bungalow
- Construction: Site Built
- Exterior Const.: Wood
- Basement Desc.: Storage Space, Sump Pump
- Roof: Shingle
- Main/1st Level: 1,250 Sq. Ft.
- Year Built: 1920
Lot Features
- Street/Road Desc.: None, Paved
- Lot Features: Cleared, Level, Private
- Rcmdd Zoning: RS8
Financial Considerations
- Terms: Cash, Conventional, Exchange
Disclosures and Reports
- Restrictions: Architectural Review
- Property ID: 9649-23-0377-00000
- Lot Number: 5670-306
Listed by Town and Mountain Realty
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Schools
Schools serving 40 Magnolia Ave
School District:Asheville City Schools
Rating | Name | Grades | Distance |
---|---|---|---|
241 Merrimon Ave, Asheville, NC 28801 | K-5 | 0.5 mi | |
125 Hill St, Asheville, NC 28801 | K-5 | 0.6 mi | |
544 Kimberly Ave, Asheville, NC 28804 | K-5 | 1.9 mi | |
211 S French Broad Ave, Asheville, NC 28801 | 6-8 | 1.1 mi | |
419 McDowell St, Asheville, NC 28803 | 9-12 | 2.2 mi | |
419 McDowell St, Asheville, NC 28803 | 9-12 | 2.2 mi | |
60 Ridgelawn Rd, Asheville, NC 28806 | PK-5 | 2.1 mi | |
98 Sulphur Springs Rd, Asheville, NC 28806 | K-5 | 2.9 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 40 Magnolia Ave
Date
Details
Price
Change
Source
5/11/2024
Listed
$495,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 40 Magnolia Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$2,889
1%
$286,800
—
2022
$2,860
—
$286,800
—
2021
$2,860
9%
$286,800
18%
2020
$2,615
—
$242,600
—
2019
$2,615
—
$242,600
—
2018
$2,615
-1%
$242,600
—
2017
$2,639
33%
$242,600
50%
2015
$1,991
1%
$162,000
—
2014
$1,967
—
$162,000
—
2013
$1,967
—
$162,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 40 Magnolia Ave
40 Magnolia Avenue, Asheville, NC 28801 (MLS# 4127199) is a Single Family property with 3 bedrooms and 1 full bathroom. 40 Magnolia Avenue is currently listed for $495,000 and was received on May 11, 2024. Want to learn more about 40 Magnolia Avenue? Do you have questions about finding other Single Family real estate for sale in Asheville? You can browse all Asheville real estate or contact a Coldwell Banker agent to request more information.