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302 Magnolia Ridge Rd

Swannanoa, NC 28778

3 bd 3 ba 2,036 sqft Built 2019 Lot 4,791 sqft single_family
Most recent sale
$475,000
Jul 11, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 1, 2024 Price changed for rent $2,650 AppfolioUnits
Apr 17, 2024 Listed for rent $2,750 AppfolioUnits
Apr 5, 2024 Listed for rent $2,850 AppfolioUnits
Sep 29, 2022 Listed for rent $2,650 Zumper
Aug 18, 2022 Price changed for rent $2,650 AppfolioUnits
Aug 16, 2022 Price changed for rent $2,795 AppfolioUnits
Jul 28, 2022 Listed for rent $2,950 AppfolioUnits
Jul 11, 2022 Sold $475,000 MLS #3860429
Jun 1, 2022 Price changed $485,000 MLS #3860429
May 30, 2022 Price changed $494,000 MLS #3860429
May 21, 2022 Listed $495,000 MLS #3860429
Feb 24, 2022 Sold $450,000 MLS #3821047
Jan 15, 2022 Listed $450,000 MLS #3821047

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $306,600 $38,000 $344,600 $2,400
2024 $306,600 $38,000 $344,600 $2,255
2023 $306,600 $36,400 $343,000 $2,188
2022 $301,100 $36,400 $337,500 $2,119
2021 $301,100 $36,400 $337,500 $2,120
2020 $233,000 $32,700 $265,700 $1,778

Property facts

Year built
2019
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
2,036 sqft
Lot size
4,791 sqft
ZIP code
28778
City
Swannanoa
Street
Magnolia Ridge Rd
Coordinates
35.61944, -82.42919

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,749
Gross rental yield
6.94%
Implied cap rate
4.51%
Trend-extrapolated value

Frequently asked questions

When did 302 Magnolia Ridge Rd last sell?
302 Magnolia Ridge Rd most recently sold on Jul 11, 2022 for $475,000.
What is the current tax assessment for 302 Magnolia Ridge Rd?
The most recent total assessment for 302 Magnolia Ridge Rd (year 2025) is $344,600 with $2,400 in property tax.
How does 302 Magnolia Ridge Rd's assessment compare to its last sale price?
The current assessment is 27.5% below the last sale price of $475,000.
When was 302 Magnolia Ridge Rd built?
302 Magnolia Ridge Rd was built in 2019.
How does 302 Magnolia Ridge Rd compare to others on Magnolia Ridge Rd?
We track 8 other properties on Magnolia Ridge Rd. Browse the list under "Other properties on Magnolia Ridge Rd" to compare beds, baths, and sale history.
What are the property facts for 302 Magnolia Ridge Rd?
302 Magnolia Ridge Rd is a 3 bed, 3 bath, 2,036 sqft, 4,791 sqft lot single_family.
Is 302 Magnolia Ridge Rd a flip candidate?
No — 302 Magnolia Ridge Rd does not appear in our flips dataset.
Is 302 Magnolia Ridge Rd a tax-appeal candidate?
No — 302 Magnolia Ridge Rd is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.2%
Implied 1-yr
+0.9%
2026 Q3
$367.1K
2026 Q4
$367.9K
ZIP 28778 — Median Price History + Forecast

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