Sold for $235,000

$235,000

517 N Magnolia St, Raeford, NC 28376

3beds

1,625sqft

Single Family Residence

Built in 1940

0.26 Acres Lot

$234,300 Zestimate^®

$145/sqft

$1,604 Estimated rent

Home value

$234,300

$218,000 - $248,000

$1,604/mo

Zestimate^® history

Owner options

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$1,604/mo

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$1,604/mo

Rent Zestimate^®

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$1,500/mo

Est. payment

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$1,500/mo

Est. payment

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What's special

Kitchen island barSpacious walk-in closetCeramic tile walk-in showerGranite countertopsUpscaled kitchenEnsuite sanctuary

**HOME IS NOW UNDER CONTRACT WAITING FOR SIGNED DOCS** **NOW OFFERING A $2,500 BUYER INCENTIVE FOR YOU TO USE FOR WHATEVER YOU WANT :) WITH A FULL PRICE OFFER** PRICE IMPROVEMENT $235,000 Welcome to 517 N.Magnolia Street! Nestled within the historic downtown district of Raeford, NC. As you enter this beauty, you'll discover a thoughtfully designed layout that enhances the flow of the home. The main bedroom, conveniently situated on the left side off the kitchen, comes complete with its private bathroom. This ensuite sanctuary features a ceramic tile walk-in shower and a spacious walk-in closet, providing a perfect retreat within the home. Bedrooms two and three are located on the East side of the residence and share the second bathroom, which boasts a double vanity setup. This arrangement ensures both functionality and convenience. The heart of this home is the upscaled kitchen, equipped with granite countertops, a kitchen island bar, a pantry, and stainless steel appliances.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Heating

Heat Pump

Cooling

Has cooling: Yes

Appliances

Laundry: In Unit

Features

Ceiling Fan(s), Granite Counters, Kitchen Island
Flooring: Vinyl, Carpet
Basement: Crawl Space
Number of fireplaces: 1
Fireplace features: Masonry

Interior area

Total interior livable area: 1,625 sqft

Property

Features

Exterior features: Fence
Fencing: Yard Fenced

Lot

Size: 0.26 Acres
Features: 1/4 to 1/2 Acre Lot

Details

Parcel number: 694340501061
Special conditions: Standard

Construction

Type & style

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

Materials

Cedar, Wood Frame

Condition

Good Condition
New construction: No
Year built: 1940

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: Raeford

HOA

Has HOA: No

Location

Region: Raeford

Financial & listing details

Price per square foot: $145/sqft
Tax assessed value: $191,220
Annual tax amount: $1,396
Date on market: 1/4/2024
Cumulative days on market: 37 days
Listing terms: Cash,Conventional,USDA Loan,VA Loan
Inclusions: Current Appliances & (2) Google Nest Cameras
Exclusions: NA
Ownership: More than a year

Price history

Date	Event	Price
4/5/2024	Sold	$235,000$145/sqft
Source: LPRMLS #717682 Report a problem
3/8/2024	Pending sale	$235,000$145/sqft
Source: LPRMLS #717682 Report a problem
2/27/2024	Price change	$235,000-2.1%$145/sqft
Source: LPRMLS #717682 Report a problem
2/12/2024	Listed for sale	$240,000$148/sqft
Source: LPRMLS #717682 Report a problem
1/19/2024	Pending sale	$240,000$148/sqft
Source: LPRMLS #717682 Report a problem
1/4/2024	Listed for sale	$240,000+4.3%$148/sqft
Source: LPRMLS #717682 Report a problem
6/21/2022	Sold	$230,000+9.5%$142/sqft
Source: LPRMLS #684509 Report a problem
5/11/2022	Pending sale	$210,000$129/sqft
Source: LPRMLS #684509 Report a problem
5/3/2022	Listed for sale	$210,000+311.8%$129/sqft
Source: LPRMLS #683959 Report a problem
11/10/2021	Sold	$51,000+13.3%$31/sqft
Source: Public Record Report a problem
10/22/2021	Pending sale	$45,000$28/sqft
Source: LPRMLS #670600 Report a problem
10/15/2021	Listed for sale	$45,000$28/sqft
Source: LPRMLS #670600 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,396	$191,220
2024	$1,396	$191,220
2023	$1,396 +210.9%	$191,220 +210.9%
2022	$449 +1.5%	$61,500 +4.2%
2021	$443	$59,000
2020	$443	$59,000
2019	$443 +2%	$59,000
2018	$434	$59,000
2017	$434	$59,000
2016	$434	$59,000
2015	$434	$59,000
2014	$434 +0.7%	$59,000 +5.7%
2013	$431	$55,820
2011	--	$55,820
2010	--	$55,820