506 Magnolia Creek Ln
Black Mountain, NC 28711
3 bd 3 ba 1,467 sqft Built 2020 Lot 1,307 sqft townhomes
Most recent sale
$435,000
Jul 6, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 6, 2022 | Sold | $435,000 | MLS #3865592 |
| Jun 2, 2022 | Listed | $415,000 | MLS #3865592 |
| Apr 1, 2021 | Sold | $329,900 | MLS #3627710 |
| Jun 8, 2020 | Listed | $329,900 | MLS #3627710 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $267,000 | $30,000 | $297,000 | $2,592 |
| 2024 | $267,000 | $30,000 | $297,000 | $2,770 |
| 2023 | $296,700 | $30,000 | $326,700 | $2,675 |
| 2022 | $293,700 | $30,000 | $323,700 | $2,570 |
| 2021 | $293,700 | $30,000 | $323,700 | $2,570 |
Property facts
Year built
2020
Property type
townhomes
Stories
2
Beds
3
Baths
3
Living area
1,467 sqft
Lot size
1,307 sqft
ZIP code
28711
City
Black Mountain
Street
Magnolia Creek Ln
Coordinates
35.60376, -82.33076
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,980
Gross rental yield
5.46%
Implied cap rate
3.55%
Trend-extrapolated value
—
Frequently asked questions
When did 506 Magnolia Creek Ln last sell?
506 Magnolia Creek Ln most recently sold on Jul 6, 2022 for $435,000.
What is the current tax assessment for 506 Magnolia Creek Ln?
The most recent total assessment for 506 Magnolia Creek Ln (year 2025) is $297,000 with $2,592 in property tax.
How does 506 Magnolia Creek Ln's assessment compare to its last sale price?
The current assessment is 31.7% below the last sale price of $435,000.
When was 506 Magnolia Creek Ln built?
506 Magnolia Creek Ln was built in 2020.
How does 506 Magnolia Creek Ln compare to others on Magnolia Creek Ln?
We track 5 other properties on Magnolia Creek Ln. Browse the list under "Other properties on Magnolia Creek Ln" to compare beds, baths, and sale history.
What are the property facts for 506 Magnolia Creek Ln?
506 Magnolia Creek Ln is a 3 bed, 3 bath, 1,467 sqft, 1,307 sqft lot townhomes.
Is 506 Magnolia Creek Ln a flip candidate?
Yes — 506 Magnolia Creek Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 506 Magnolia Creek Ln a tax-appeal candidate?
No — 506 Magnolia Creek Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.9%
Implied 1-yr
+3.5%
2026 Q3
$512.3K
2026 Q4
$516.5K
ZIP 28711 — Median Price History + Forecast
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