40 Magnolia Avenue, Asheville, NC 28801

$499,000
3
BD
1
BA
1,250
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Listing courtesy of Town and Mountain Realty. Aviva@townandmountain.com

Sold listing courtesy of Allen Tate/Beverly-Hanks Asheville-Downtown

Sold Price
$499,000
List Price
$495,000
MLS#
4127199
Status
CLOSED
Days on Market
40
Property Type
Residential
Architectural Style
Bungalow
Year Built
1920
Closing Date
Jun 20, 2024
Bedrooms
3
Bathrooms
1
Full Baths
1
Lot Size
6,098
Lot Size Area
0.14
Living Area
1,250
Sq Ft Total
1250
County
Buncombe
Subdivision
Montford
Special Conditions
None

Property Description

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.

Additional Information

Interior Features
Attic Other, Pantry, Walk-In Pantry
Floor Coverings
Wood, Other - See Remarks
Equipment
Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, ENERGY STAR Qualified Washer, ENERGY STAR Qualified Dryer, Oven, Refrigerator, Washer/Dryer
Foundation
Crawl Space
Main Level Rooms
Bedroom(s), Primary Bedroom, Dining Room, Living Room, Bedroom(s), Bathroom-Full, Laundry
Laundry Location
Mud Room, In Unit, Inside, Laundry Room, Main Level
Heating
Baseboard, Central, Natural Gas
Water
City
Sewer
Public Sewer
Exterior Features
Fire Pit
Exterior Construction
Wood
Roof
Shingle
Parking
On Street
Driveway
None, Paved
Lot Description
Cleared, Level, Private
Elementary School
Asheville City
Middle School
Asheville
High School
Asheville
Zoning
RS8
Total Property HLA
1250
Master on Main Level
Yes

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

“ Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Some IDX listings have been excluded from this website. Properties may or may not be listed by the office/agent presenting the information © 2026 Canopy MLS as distributed by MLS GRID”

Last Updated: