NOT LISTED FOR SALE

1120 Magnolia Bend Loop Cary, NC 27519

Green Level Neighborhood

Estimated Value: $1,127,000 - $1,215,000

4 Beds
4.5 Baths
3,986 Sq Ft
$291/Sq Ft Est. Value

Last Sold May 25, 2021

Last sale price $838,000 $210 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $7,258/month

201 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • High Ceiling
  • White Oak Elementary School Rated A
  • Bonus Room
  • Granite Countertops

About This Home

As of May 2021

Previous MODEL HOME at Southerlyn Available Now!! This stunning three story house is loaded with luxury features: tons of upgrades, screened in porch & deck with a gazebo done in trex backing to dedicated green space, home speaker system, central vacuum system, custom built-ins, masterpiece kitchen...too many beautiful finishes to list...not to mention an excellent location in West Cary!! This home is a MUST-SEE!

Last Agent to Sell the Property

Junhui Ji

EXP Realty LLC License #285861 Listed on: 10/03/2020

EXP Realty LLC

Last Buyer's Agent

Mei Mei Wing Nei Ngai

Wing Nei Ngai, Broker License #323475

Wing Nei Ngai, Broker

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,456

Year Built

  • Built in 2016

Lot Details

  • 8,276 Sq Ft Lot
  • Landscaped with Trees

HOA Fees

  • $85 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener
  • Private Driveway

Home Design

  • Traditional Architecture
  • Brick or Stone Mason
  • Stone

Interior Spaces

  • 3,986 Sq Ft Home
  • 2-Story Property
  • Coffered Ceiling
  • Tray Ceiling
  • High Ceiling
  • Ceiling Fan
  • Insulated Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • Breakfast Room
  • Den
  • Bonus Room
  • Utility Room
  • Crawl Space
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector

Kitchen

  • Gas Cooktop
  • Range Hood
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Bathtub with Shower
  • Shower Only in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level

Outdoor Features

  • Porch

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property

Community Details

Overview

  • Southerlyn Subdivision

Recreation

  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,456

Year Built

Built in 2016

Lot Details

0

HOA Fees

$85 per month

Parking

2

Listing Details

  • Year Built: 2016
  • Prop. Type: Residential
  • Subdivision Name: Southerlyn
  • Above Grade Finished Sq Ft: 3986.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: see recorded plat
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Interior Features BathtubShower Combination: Yes
  • Laundry Features Laundry Room: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Cooling Zoned: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Interior Features Separate Shower: Yes
  • Levels Two: Yes
  • Lot Features Hardwood Trees: Yes
  • Room Types Bonus Room: Yes
  • Room Types Den2: Yes
  • Room Types Family Room2: Yes
  • Architectural Style Traditional: Yes
  • Laundry Features Upper Level: Yes
  • Room Types Utility Room: Yes
  • Room Types Breakfast Room: Yes
  • Flooring Wood: Yes
  • Interior Features Bathtub Only: Yes
  • Interior Features Shower Only: Yes
  • Utilities Cable Available: Yes
  • General Property Information Above Grade Finished Area: 3986.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 8276.4
  • General Property Information Lot Size Acres: 0.19
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Combination, Hardwood, Tile, Wood
  • Interior Amenities: Bathtub Only, Bathtub/Shower Combination, Ceiling Fan(s), Coffered Ceiling(s), Entrance Foyer, Granite Counters, High Ceilings, Pantry, Separate Shower, Shower Only, Tray Ceiling(s), Walk-In Closet(s)
  • Basement: Crawl Space
  • Appliances: Dishwasher, Gas Cooktop, Microwave, Plumbed For Ice Maker, Range Hood, Tankless Water Heater
  • Basement YN: No
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Sealed Combustion
  • Fireplaces: 1
  • Total Bedrooms: 12
  • Appliances Dishwasher: Yes
  • Appliances:Gas Cooktop: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • Appliances:Range Hood: Yes
  • Appliances:Tankless Water Heater: Yes
  • Community Features:Pool2: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Basement:Crawl Space: Yes
  • Community Features:Street Lights: Yes
  • Fireplace Features:Family Room: Yes
  • Fireplace Features:Sealed Combustion: Yes
  • Interior Features:Tray Ceiling(s): Yes
  • Interior Features:Coffered Ceiling(s): Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Acres: 0.19
  • Home Warranty: Yes
  • Construction Type: Fiber Cement, Stone
  • Patio And Porch Features: Porch
  • Construction Materials:Fiber Cement: Yes
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Construction Materials:Stone: Yes
  • Window Features:Insulated Windows: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Asphalt, Attached, Driveway, Garage, Garage Door Opener, Garage Faces Front
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage Faces Front: Yes
  • Parking Features:Asphalt2: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Utilities: Cable Available
  • Heating: Forced Air, Natural Gas, Zoned
  • Cooling: Central Air, Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Heating:Zoned2: Yes

Condo/Co-op/Association

  • Community Features: Pool, Street Lights
  • Association Fee: 256.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Association Amenities:Pool: Yes
  • Association Amenities:Trail(s): Yes
  • General Property Information:Association Fee: 256.0
  • 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: see recorded plat
  • Lot Size Sq Ft: 8276.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6456.0
  • Tax Year: 2020

MLS Schools

  • Elementary School: Wake County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 30, 2020
Sold by
Wang Liyan and Yi Meng
Bought by
Chancellor Joseph and Chancellor Chao Chun
Total Days on Market
201
Current Estimated Value
$1,157,968

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$548,250
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 21, 2018
Sold by
D R Horton Inc
Bought by
Wang Liyan and Yi Meng
Source: Public Records

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Range of Values:

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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
Chancellor Joseph $838,000 None Available
Wang Liyan $753,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chancellor Joseph $548,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $838,000 -- --
05/25/2021 05/25/21 Sold $838,000 -3.5% $210 / Sq Ft
04/23/2021 04/23/21 Pending -- -- --
03/18/2021 03/18/21 For Sale $868,000 0.0% $218 / Sq Ft
02/18/2021 02/18/21 Pending -- -- --
11/10/2020 11/10/20 Price Changed $868,000 -1.1% $218 / Sq Ft
10/04/2020 10/04/20 For Sale $878,000 -- $220 / 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 $8,304 $987,969 $200,000 $787,969
2023 $6,189 $615,704 $110,000 $505,704
2022 $5,958 $615,704 $110,000 $505,704
2021 $5,838 $615,704 $110,000 $505,704
2020 $5,869 $615,704 $110,000 $505,704
2019 $6,831 $636,169 $165,000 $471,169
2018 $0 $649,750 $165,000 $484,750
2017 $6,290 $649,750 $165,000 $484,750
2016 $6,196 $649,750 $165,000 $484,750
2015 $6,720 $680,597 $110,000 $570,597
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2346370

Doorify MLS

APN: 0724.04-80-8750-000