Sold for $197,500

$197,500

1519 Magnolia Dr, Fairmont, NC 28340

2beds

1,850sqft

Single Family Residence

Built in 1983

-- sqft lot

$232,700 Zestimate^®

$107/sqft

$1,401 Estimated rent

Home value

$232,700

$212,000 - $254,000

$1,401/mo

Zestimate^® history

Owner options

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$1,401/mo

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$1,401/mo

Rent Zestimate^®

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$1,360/mo

Est. payment

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$1,360/mo

Est. payment

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What's special

Cozy loftBlueberry bushSpacious kitchenDownstairs primary suiteHuge walk-in closetPlantation shuttersBuilt-in shelving

Welcome to 1519 Magnolia Way—a charming 2-bedroom, 2-bath home situated on approximately 1.6 acres, offering space, privacy, and plenty of character. Inside, you'll find plantation shutters throughout and a comfortable layout that includes a downstairs primary suite with a huge walk-in closet. The spacious kitchen provides plenty of room to cook and gather, and opens directly to the screened-in porch—perfect for enjoying quiet mornings or peaceful evenings. Upstairs includes a second bedroom and full bath, along with a cozy loft featuring built-in shelving. The second bedroom is approximately 332 sq. ft. and not heated, so it is excluded from the total square footage. Outside, a large wired detached building/workshop offers endless potential, and the property features a fig tree, a blueberry bush, and grapevines for a touch of Southern charm. This property is ready to welcome you home- schedule your tour today!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2

Cooling

Central Air, Electric

Appliances

Included: Dishwasher, Range, Refrigerator
Laundry: Washer Hookup, Dryer Hookup, In Unit

Features

Eat-in Kitchen, Primary Downstairs, Loft
Flooring: Laminate, Tile
Basement: Crawl Space
Number of fireplaces: 1
Fireplace features: Gas

Interior area

Total interior livable area: 1,850 sqft

Property

Parking

Total spaces: 1
Parking features: Attached, Garage
Attached garage spaces: 1

Features

Patio & porch: Porch, Screened
Exterior features: Porch, Propane Tank - Leased

Lot

Features: 1-2 Acres, Interior Lot, Partially Cleared

Details

Parcel number: 301402012 & 301402010
Zoning description: R15 - Residential District
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Architectural style: Traditional
Property subtype: Single Family Residence

Materials

Wood Siding

Condition

New construction: No
Year built: 1983

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: Collinswood

HOA

Has HOA: No

Location

Region: Fairmont

Financial & listing details

Price per square foot: $107/sqft
Tax assessed value: $139,400
Annual tax amount: $2,143
Date on market: 6/5/2025
Cumulative days on market: 99 days
Listing terms: Cash,New Loan
Inclusions: Refrigerator
Exclusions: Chain link dog kennels
Ownership: More than a year
Road surface type: Paved

Price history

Date	Event	Price
10/27/2025	Sold	$197,500-3.7%$107/sqft
Source: LPRMLS #744894 Report a problem
9/22/2025	Pending sale	$205,000$111/sqft
Source: LPRMLS #744894 Report a problem
9/4/2025	Price change	$205,000-6.8%$111/sqft
Source: LPRMLS #744894 Report a problem
7/30/2025	Listed for sale	$220,000$119/sqft
Source: LPRMLS #744894 Report a problem
7/20/2025	Pending sale	$220,000$119/sqft
Source: LPRMLS #744894 Report a problem
7/11/2025	Price change	$220,000-6.4%$119/sqft
Source: LPRMLS #744894 Report a problem
6/5/2025	Listed for sale	$235,000+176.5%$127/sqft
Source: LPRMLS #744894 Report a problem
12/23/2016	Sold	$85,000-10.5%$46/sqft
Source: LPRMLS #506416 Report a problem
9/21/2016	Price change	$95,000-4%$51/sqft
Source: COLDWELL BANKER PREMIER TEAM REALTY #506416 Report a problem
12/15/2015	Listed for sale	$99,000$54/sqft
Source: CENTURY 21 The Real Estate Center #100001666 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,143 +3.9%	$139,400
2024	$2,063 +21.4%	$139,400 +23%
2023	$1,700	$113,300
2022	$1,700	$113,300
2021	$1,700	$113,300
2020	--	$113,300
2019	$1,724	$113,300 -9.7%
2018	$1,724 -23.2%	$125,500 -13.7%
2017	$2,246	$145,500
2016	$2,246	$145,500
2015	$2,246	$145,500