40 Magnolia Avenue Asheville, NC $ 495,000
40 Magnolia Avenue
$ 495,000
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40 Magnolia Avenue

Asheville, NC, 28801
$ 495,000
Bedrooms3 Baths1.0 Sq 1,250

Monthly Estimate*

$ 3,290

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Single Family Home for sale in Asheville, NC

for $495,000 with 3 bedrooms and 1 full bath. This 1,250 square foot home was built in 1920 on a lot size of 0.14.

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.

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Single Family Contingent

Price

$ 495,000

Bedrooms

3

Full Bath

1

Property Type

Single Family

Taxes

$ 0

Style

Bungalow

Lot Size

0.14

Year Built

1920

Town/City

Asheville

County/Region

Buncombe

MLS | Web ID

4127199

Features
General
Interior Features Attic Other Pantry Walk-In Pantry
Sewer Public Sewer
Heating Baseboard Central Natural Gas
Cooling Ceiling Fan(s)
Utilities Gas
Roof Shingle
Appliances Electric Cooktop Electric Oven Electric Range Electric Water Heater ENERGY STAR Qualified Washer ENERGY STAR Qualified Dryer Oven Refrigerator Washer/Dryer
Exterior Features Fire Pit
Zoning RS8
Architectural Style Bungalow
Construction Materials Wood
Year Built 1920
Property SubType Single Family Residence
County Buncombe
New Construction N
Property Type Residential
Subdivision Name Montford
High School Asheville
City Asheville
Street Name Magnolia
Elementary School Asheville City
Middle/Junior High School Asheville
Standard Status Active Under Contract
Construction Type Site Built
Restrictions Architectural Review
Tax Assessed Value 286800
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Interior
Flooring Wood Other - See Remarks
Fireplace Features Living Room Primary Bedroom Other - See Remarks
Fireplace Y/N N
Above Grade Finished Area 1250
Full Baths 1
Half Baths 0
Street Suffix Avenue
Laundry Features Mud Room In Unit Inside Laundry Room Main Level
Total Bedrooms 3
Below Grade Finished Area 0
Total Baths 1
SqFt Main 1250
SqFt Lower 0
SqFt Upper 0
Bedroom 3
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Exterior
Parking Features On Street
Lot Features Cleared Level Private
Water Source City
Lot Size Area 0.14
Foundation Details Crawl Space
Road Surface Type None Paved
Other Parking Plenty of street parking right in front of home for multiple cars.
Lot Size Units Acres
Road Responsibility Publicly Maintained Road
Main Level Garage YN N
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Internal Only
Street Number 1 40
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* Excluded Features
List By
Town And Mountain Realty

Broker

Affordability Calculator

$3,290
Per Month
100%
0%
0%
Monthly Principal & Interest
$3,290
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1659817 Elementary School
1659814 Middle School
Asheville High School High School
Pricing History
DatePricePrice ChangeDescription
5/9/2024$495,000 Listed Price

Map


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40 Magnolia Avenue, Asheville, NC, 28801 is a Single Family Home for sale at $495,000 with 1,250 sqft and a lot size of 0.14. 40 Magnolia Avenue has 3 bedrooms, 1.0 baths, and was built in 1920. The property's zip code is 28801 which is in Asheville, NC