40 Magnolia Avenue

Asheville, NC 28801

$495,000
Price
3
Beds
1
Bath
1,250 Sq. Ft.
$396 / Sq. Ft.
1,250
Sq. Ft.
$396
per Sq. Ft.

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...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.
  1. Listed by Aviva Pitt • Town and Mountain Realty • Aviva@townandmountain.com

Property Details for 40 Magnolia Avenue

Architectural Style
Bungalow
Parking Features
On Street
Subdivision Name
Montford

Location

Listing Courtesy of Town and Mountain Realty
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LISTING UPDATED: 05/11/2024 07:48 PM

Property Details for 40 Magnolia Avenue

StatusActive Under Contract
MLS #4127199
Days on Market1
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1920
Lot Size0.14 AC / 6,098 SF
CountyBuncombe County

Location

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Add your commute

Building Information for 40 Magnolia Avenue

Stories-Year Built1920Building Size-Lot Size0.14 AC / 6,098 SF

Payment Calculator

$2,942 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,701

Property Taxes

$241

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 40 Magnolia Avenue

Summary
Location and General Information
  • Longitude: -82.559767
  • Zoning: RS8
  • Latitude: 35.603025
Taxes and HOA Information
  • HOA Subject To: None
  • HOA Subject To Dues: No
  • Tax Assessed Value: $286,800.00
  • Parcel Number: 9649-23-0377-00000
  • City Taxes Paid To: Asheville
School Information
  • Middle Or Junior School: Asheville
  • High School: Asheville
  • Elementary School: Asheville City
Parking
  • Open Parking: No
  • Other Parking: Plenty of street parking right in front of home for multiple cars.
  • Carport: No
  • Garage: No
  • Main Level Garage: No
Property
Lot Information
  • Above Grade Finished Area: 1250.0
  • Below Grade Finished Area: 0.0
  • Sq Ft Lower: 0
  • Sq Ft Main: 1250
  • Sq Ft Third: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Lot Features: Cleared, Level, Private
  • Lot Size Units: Acres
  • Property Type: Residential
Property and Assessments
  • Geocode Confidence: High
  • Down Payment Resource: 1
  • New Construction: No
  • Photos Count: 32
  • Road Responsibility: Publicly Maintained Road
  • Construction Type: Site Built
  • Assumable: No
  • Senior Community: No
  • Restrictions: Architectural Review
  • Restrictions Description: Montford Historic Resource Commission
Utilities
  • Sewer: Public Sewer
  • Utilities: Gas
  • Water Source: City
Interior and Exterior Features
Exterior Features
  • Exterior Features: Fire Pit
  • Construction Materials: Wood
  • Patio And Porch Features: Covered, Front Porch, Patio, Porch
  • Road Surface Type: None, Paved
  • Roof: Shingle
Interior Features
  • Appliances: Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, ENERGY STAR Qualified Washer, ENERGY STAR Qualified Dryer, Oven, Refrigerator, Washer/Dryer
  • Levels: One
  • Cooling: Ceiling Fan(s)
  • Heating: Baseboard, Central, Natural Gas
  • Interior Features: Attic Other, Pantry, Walk-In Pantry
  • Laundry Features: Mud Room, In Unit, Inside, Laundry Room, Main Level
  • Fireplace Features: Living Room, Primary Bedroom, Other - See Remarks
  • Fireplace: No
  • Flooring: Wood, Other - See Remarks
  • Foundation Details: Crawl Space
  • Basement: No
  • Basement: Storage Space, Sump Pump
  • Bedroom Main: 3
  • Full Bath Main: 1
  • Half Bath Main: 0
Room Information
Room 1
  • Room Types: Bedroom(s)
  • Room Level: Main
Room 2
  • Room Types: Primary Bedroom
  • Room Level: Main
Room 3
  • Room Types: Dining Room
  • Room Level: Main
Room 4
  • Room Types: Living Room
  • Room Level: Main
Room 5
  • Room Types: Bedroom(s)
  • Room Level: Main
Room 6
  • Room Types: Bathroom-Full
  • Room Level: Main
Room 7
  • Room Types: Laundry
  • Room Level: Main
Rental
Rent Information
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)

Property History for 40 Magnolia Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 40 Magnolia Avenue

Taxable ValueLand-Additions-Total-
Tax Record2023$2,889 ($241 / month)
Home Facts
Beds3Baths1Total Finished SqFt1,221 SqFtAbove Grade Finished SqFt1,221 SqFtStories1Lot Size9,583 SqFtStyleSingle Family ResidenceYear Built1920ZoningRS8CountyBUNCOMBEAPN9649-23-0377-00000

Schools near 40 Magnolia Avenue

This home is within Asheville City School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 5
Public - PK to 5
Public - K to 5
Rating
School
Distance
Isaac Dickson Elementary
PublicPK to 5

Ira B Jones Elementary
PublicPK to 5

Hall Fletcher Elementary
PublicPK to 5

Claxton Elementary
PublicK to 5

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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Listing Courtesy of Town and Mountain Realty

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