1348 Magnolia Grove Rd

Lincolnton, NC 28092

$775,000
Last Sold Price
8
Beds
3,972 Sq. Ft.
$195 / Sq. Ft.
3,972
Sq. Ft.
$195
per Sq. Ft.
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Closed 1/4/24
Closed 1/4/24
a front view of a house with a yard and garage
a house with a outdoor space
a front view of a house with a yard
a view of empty room with wooden floor and fan
a kitchen with stainless steel appliances granite countertop a refrigerator and a sink
a view of empty room with window
an empty room with a window
a bathroom with a granite countertop sink toilet and shower
a view of small space
a view of a kitchen with a sink
a view of a house with backyard
a view of a room with racks on the wall
a house with trees in the background
a kitchen with stainless steel appliances granite countertop a refrigerator and a sink
a view of a back yard of the house

Description

Great Investment Opportunity with this set of duplexes that are fully rented with leases in place through mid-year 2024. The upgraded units offer 1-car garages, wood floors, granite kitchen counters & stainless appliances. Two bedrooms and two bath per unit with one bedroom having an ensuite bath. Great room with vaulted ceilings and door to patio or deck. Bedrooms are ample size with walk-in closets. Parking is suitable for 2 cars per unit on the concrete drives and garages. Properties are all occupied...Great Investment Opportunity with this set of duplexes that are fully rented with leases in place through mid-year 2024. The upgraded units offer 1-car garages, wood floors, granite kitchen counters & stainless appliances. Two bedrooms and two bath per unit with one bedroom having an ensuite bath. Great room with vaulted ceilings and door to patio or deck. Bedrooms are ample size with walk-in closets. Parking is suitable for 2 cars per unit on the concrete drives and garages. Properties are all occupied and tenants should not be disturbed. Interior viewings of the property can only be scheduled after contract negotiations.
  1. Listed by Marc 1 Realty • grantmosteller@gmail.com
  2. Listed by Marc 1 Realty

Property Details for 1348 Magnolia Grove Road

Architectural Style
Ranch
Parking Features
Driveway, Attached Garage, Garage Door Opener, Garage Faces Front
LISTING UPDATED: 01/05/2024 12:22 PM

Property Details for 1348 Magnolia Grove Road

StatusClosed
MLS #4085619
Days on Market24
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built2022
Lot Size2.14 AC / 93,218 SF
CountyLincoln County
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Location

Listing Courtesy of Marc 1 Realty

Sold By Southern Homes of the Carolinas, Inc

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Building Information for 1348 Magnolia Grove Road

Stories-Residences-Year Built2022Building Size-Lot Size2.14 AC / 93,218 SF

Payment Calculator

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$3,862 per month

30 year fixed, 6.36% Interest

Principal and Interest

$3,862

Property Taxes

$0

HOA Dues

$0

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Property Information for 1348 Magnolia Grove Road

Summary
Location and General Information
  • Longitude: -81.175702
  • Latitude: 35.416411
  • Directions: Hwy 321 to Lincolnton, travel east on Hwy 27/150, t/r on Salem Church Rd, t/l on Keever Dairy Rd, t/r on Magnolia Grove Rd and property is immediately on the left. No sign on property.
Taxes and HOA Information
  • HOA Subject To: None
  • Tax Assessed Value: $799,419.00
  • Parcel Number: 104174,104175
  • City Taxes Paid To: No City Taxes Paid
School Information
  • Middle Or Junior School: Lincolnton
  • High School: Lincolnton
  • Elementary School: G.e. Massey
Parking
  • Parking: Total Spaces: 8.0
  • Parking: Open Parking YN: No
  • Parking: Carport YN: No
  • Garage Spaces: 4.0
  • Garage YN: Yes
  • Garage Main Level YN: Yes
Property
Lot Information
  • Below Grade Finished Area: 0.0
  • Lot Size Dimensions: 325FX289LSX269RX377RS
  • Lot Size Units: Acres
  • Property Type: Residential Income
Property and Assessments
  • Geocode Confidence: Medium
  • New Construction YN: No
  • Photos Count: 16
  • Road Responsibility: Publicly Maintained Road
  • Construction Type: Site Built
  • Assumable: No
  • Senior Community YN: No
Utilities
  • Sewer: Septic Installed
  • Utilities: Cable Available, Cable Connected, Electricity Connected, Underground Power Lines, Underground Utilities
  • Water Source: Well
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick Full
  • Patio And Porch Features: Covered, Deck, Patio, Porch
  • Road Surface Type: Concrete, Paved
  • Roof: Shingle
Interior Features
  • Appliances: Electric Oven, Electric Range, Microwave, Refrigerator
  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Interior Features: Walk-In Closet(s)
  • Laundry Features: Laundry Room
  • Fireplace YN: No
  • Flooring: Vinyl, Wood
  • Foundation Details: Crawl Space
  • Basement YN: No
Multi Family
Multi-Family Information
  • Unit Type: Apartments
  • Unit Room Type: Bedroom(s), Kitchen, Bathroom(s), Laundry, Den, Dining Area
  • Number Of Units Total: 4
Rental
Rent Information
  • Tenant Pays: All Utilities
  • Pets Allowed: Yes

Property History for 1348 Magnolia Grove Road

DateEvent & SourcePriceAppreciation
Jan 4, 2024

Closed

CANOPY #4085619

$775,000—
Nov 7, 2023

Listed (Active)

CANOPY #4085619

$850,000—
DateEvent & SourcePrice
01/04/2024

Closed

CANOPY #4085619

$775,000
11/07/2023

Listed (Active)

CANOPY #4085619

$850,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 1348 Magnolia Grove Road

This home is within Lincoln County School District.
Rating
School
Type
Grades
Distance
Iron Station Elementary
Public - PK to 5
East Lincoln Middle
Public - 6 to 8
East Lincoln High
Public - 9 to 12
Asbury School
Public - 6 to 12
Rating
School
Distance
Iron Station Elementary
PublicPK to 5

East Lincoln Middle
Public6 to 8

East Lincoln High
Public9 to 12

Asbury School
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Marc 1 Realty

Based on information submitted to the MLS GRID as of 01/05/2024 12:22 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.