NOT LISTED FOR SALE

1108 Magnolia Bend Loop Cary, NC 27519

Green Level Neighborhood

Estimated Value: $847,000 - $1,090,000

5 Beds
4 Baths
3,685 Sq Ft
$275/Sq Ft Est. Value

Last Sold June 21, 2023

Last sale price $915,000 $248 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $6,271/month

Highlights

  • Transitional Architecture
  • Tankless Water Heater
  • Forced Air Heating and Cooling System
  • White Oak Elementary School Rated A
  • Tile Flooring
  • 2 Car Garage

About This Home

As of June 2023

For Comp purposes Only, sold during office exclusive.

Last Agent to Sell the Property

Pete Marston

Relevate Real Estate Inc. License #269355 Listed on: 06/22/2023

Relevate Real Estate Inc.

Co-Listed By

Jan Carmody

Relevate Real Estate Inc. License #240144

Last Buyer's Agent

Sally Mackie

Relevate Real Estate Inc. License #298080

Relevate Real Estate Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,404

Year Built

  • Built in 2014

Lot Details

  • 10,019 Sq Ft Lot

HOA Fees

  • $115 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Transitional Architecture

Interior Spaces

  • 3,685 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Schools

  • Wake County Schools Elementary And Middle School
  • Wake County Schools High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • Gas Water Heater

Community Details

  • Southerlyn Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,404

Year Built

Built in 2014

Lot Details

0

HOA Fees

$115 per month

Parking

2

Listing Details

  • Year Built: 2014
  • Prop. Type: Residential
  • Co List Office Mls Id: 1594
  • Co List Office Phone: 919-395-0735
  • Subdivision Name: Southerlyn
  • Above Grade Finished Sq Ft: 3685.0
  • Architectural Style: Transitional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: obtain survey
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Architectural Style Transitional: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Structure Type Site Built: Yes
  • Flooring Carpet: Yes
  • Levels Two: Yes
  • General Property Information Above Grade Finished Area: 3685.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 10018.8
  • General Property Information Lot Size Acres: 0.23
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Tile
  • Appliances: Gas Water Heater, Tankless Water Heater
  • Basement YN: No
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace Features: Family Room
  • Fireplaces: 1
  • Total Bedrooms: 10
  • Appliances:Tankless Water Heater: Yes
  • Fireplace Features:Family Room: Yes
  • Appliances:Gas Water Heater: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Acres: 0.23
  • Construction Type: Fiber Cement
  • Construction Materials:Fiber Cement: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Garage
  • Parking Features:Garage: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Fee: 345.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 345.0
  • General Property Information:Association Fee Frequency: Quarterly

Schools

  • Ninth Grade High School: Wake County Schools
  • Middle Or Junior School: Wake County Schools

Lot Info

  • Lot Dimensions: obtain survey
  • Lot Size Sq Ft: 10018.8
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5404.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: Wake County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2023
Closed on
Jun 8, 2023
Sold by
Bailey John C and Bailey Kelly
Bought by
Kukreja Pankaj and Kukreja Ridhi
Seller's Agent
Pete Marston
Relevate Real Estate Inc.
Buyer's Agent
Sally Mackie
Relevate Real Estate Inc.
List Price
$915,000
Sold Price
$915,000
Current Estimated Value
$1,013,125

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,125
Avg. Annual Appreciation
4.36%
Original Mortgage
$726,000
Outstanding Balance
$705,945
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$297,934

Purchase Details

Closed on
Apr 2, 2019
Sold by
Pathak Vikas and Jha Pathak Riva
Bought by
Bailey John C and Bailey Kelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$505,000
Interest Rate
4.3%
Mortgage Type
VA

Purchase Details

Closed on
May 28, 2015
Sold by
D R Horton Inc
Bought by
Pathak Vikas and Jha Pathak Riva

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
3.79%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kukreja Pankaj $915,000 None Listed On Document
Bailey John C $587,500 None Available
Pathak Vikas $555,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kukreja Pankaj $726,000
Previous Owner Bailey John C $492,906
Previous Owner Bailey John C $499,673
Previous Owner Bailey John C $505,000
Previous Owner Pathak Vikas $550,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2023 06/21/23 Sold $915,000 0.0% $248 / Sq Ft
06/21/2023 06/21/23 Pending -- -- --
06/21/2023 06/21/23 For Sale $915,000 -- $248 / Sq Ft
Source: Doorify MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $7,617 $906,009 $200,000 $706,009
2023 $5,613 $558,221 $110,000 $448,221
2022 $5,404 $558,221 $110,000 $448,221
2021 $5,295 $558,221 $110,000 $448,221
2020 $5,323 $558,221 $110,000 $448,221
2019 $6,102 $568,040 $165,000 $403,040
2018 $5,725 $568,040 $165,000 $403,040
2017 $5,502 $568,040 $165,000 $403,040
2016 $5,419 $568,040 $165,000 $403,040
2015 $4,980 $110,000 $110,000 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2023

    Pete Marston

    Relevate Real Estate Inc.

    (919) 780-9945

    1 in this area

    119 Total Sales

    Pete Marston
    Section Image

  • J

    Seller Co-Listing Agent in 2023

    Jan Carmody

    Relevate Real Estate Inc.

    (919) 810-6217

    1 in this area

    98 Total Sales

    Jan Carmody
    Section Image
  • Sally Mackie

    Buyer's Agent in 2023

    Sally Mackie

    Relevate Real Estate Inc.

    (919) 621-1246

    2 in this area

    96 Total Sales

    Sally Mackie
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2517630

Doorify MLS

APN: 0724.04-90-0535-000

North Carolina Wake County Cary 27519 Green Level

1108 Magnolia Bend Loop, Cary, NC

This home is located at 1108 Magnolia Bend Loop, Cary, NC 27519 since 22 June 2023 and is currently estimated at $1,013,125, approximately $274 per square foot. This property was built in 2014. 1108 Magnolia Bend Loop is a home located in Wake County with nearby schools including White Oak Elementary School, Mills Park Middle School, and Green Level High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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