NOT LISTED FOR SALE

1300 Magnolia Bend Loop Cary, NC 27519

Green Level Neighborhood

Estimated Value: $771,000 - $1,154,000

5 Beds
4.5 Baths
4,086 Sq Ft
$253/Sq Ft Est. Value

Last Sold May 18, 2021

Last sale price $775,900 $190 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $6,572/month

6 Days on Market

Highlights

  • Home Theater
  • Deck
  • Wood Flooring
  • White Oak Elementary School Rated A
  • Transitional Architecture
  • Main Floor Bedroom

About This Home

As of May 2021

Under contract pending signatures from Relo. Truly stunning home with all of the features you have been looking for! 10' ceilings, Office with French Doors, Guest Suite with walk-in shower on main, Formal Dining, Butlers Pantry, 11' ceiling in the Family Room, Open Concept with massive Kitchen Island, Drop Zone, Sun Room, Hardwoods, Deck, Owners suite with his & hers closets, 5 Bedrooms 4.5 Bathrooms with Bonus Room currently set up as a media room! Fantastic solar panel system included - and much more!!

Last Listed By

Amanda Kondrasov

Coldwell Banker HPW License #277978 Listed on: 04/04/2021

Coldwell Banker HPW

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,663

Year Built

  • Built in 2016

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 71'x107'x88'x91'
  • Corner Lot

HOA Fees

  • $112 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Private Driveway

Home Design

  • Transitional Architecture
  • Brick or Stone Mason
  • Stone

Interior Spaces

  • 4,086 Sq Ft Home
  • 2-Story Property
  • Coffered Ceiling
  • Smooth Ceilings
  • High Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Mud Room
  • Entrance Foyer
  • Family Room with Fireplace
  • Breakfast Room
  • Dining Room
  • Home Theater
  • Home Office
  • Bonus Room
  • Utility Room
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Built-In Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Private Water Closet
  • Separate Shower in Primary Bathroom
  • Soaking Tub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level

Outdoor Features

  • Deck
  • Porch

Schools

  • White Oak Elementary School
  • Mills Park Middle School
  • Green Level High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • Gas Water Heater
  • High Speed Internet

Community Details

Overview

  • Association fees include storm water maintenance
  • Southerlyn Subdivision

Recreation

  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,663

Year Built

Built in 2016

Lot Details

0

HOA Fees

$112 per month

Parking

2

Listing Details

  • Year Built: 2016
  • Prop. Type: Residential
  • Reso Association Fee Includes: Storm Water Maintenance
  • Co List Office Mls Id: 3235
  • Co List Office Phone: 919-467-1882
  • Subdivision Name: Southerlyn
  • Above Grade Finished Sq Ft: 4086.0
  • Architectural Style: Transitional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: 71'x107'x88'x91'
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Wall Oven: Yes
  • Architectural Style Transitional: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Interior Features Water Closet: Yes
  • Laundry Features Laundry Room: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Cooling Zoned: Yes
  • Flooring Hardwood: Yes
  • Interior Features Separate Shower: Yes
  • Interior Features Smooth Ceilings: Yes
  • Levels Two: Yes
  • Room Types Bedroom 2 Level: M
  • Room Types Bedroom 3 Level: 2
  • Room Types Bedroom 4 Level: 2
  • Room Types Bonus Room: Yes
  • Room Types Den2: Yes
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: 2
  • Laundry Features Upper Level: Yes
  • Room Types Bedroom 5 Level: 2
  • Room Types Utility Room: Yes
  • Room Types Breakfast Room: Yes
  • Interior Features Bathtub Only: Yes
  • General Property Information Senior Community YN: No
  • Room Types Mud Room: Yes
  • Room Types Media Room: Yes
  • General Property Information Above Grade Finished Area: 4086.0
  • 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: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring: Hardwood, Tile
  • Interior Amenities: Bathtub Only, Butler's Pantry, Ceiling Fan(s), Coffered Ceiling(s), Eat-in Kitchen, Entrance Foyer, Granite Counters, High Ceilings, High Speed Internet, Pantry, Separate Shower, Smooth Ceilings, Soaking Tub, Walk-In Closet(s), Walk-In Shower, Water Closet
  • Basement: Crawl Space
  • Appliances: Dishwasher, Gas Cooktop, Gas Water Heater, Microwave, Range Hood, Tankless Water Heater, Wall Oven
  • Basement YN: No
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Family Room, Gas Log
  • Fireplaces: 1
  • Total Bedrooms: 11
  • Appliances Dishwasher: Yes
  • Appliances:Gas Cooktop: 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
  • Interior Features:Walk-In Shower: Yes
  • Basement:Crawl Space: Yes
  • Fireplace Features:Family Room: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances:Gas Water Heater: Yes
  • Interior Features:Soaking Tub: Yes
  • Interior Features:Coffered Ceiling(s): Yes
  • Interior Features:High Speed Internet: Yes
  • Interior Features:Butler_squote_s Pantry: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Acres: 0.19
  • Construction Type: Fiber Cement, Stone
  • Patio And Porch Features: Deck, Porch
  • Construction Materials:Fiber Cement: Yes
  • Patio and Porch Features:Porch: Yes
  • Construction Materials:Stone: Yes
  • Patio And Porch Features:Deck2: Yes
  • Lot Features:Corner Lot: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Concrete, Driveway, Garage
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • 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
  • Senior Community: No
  • Association Fee: 112.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Association Amenities:Pool: Yes
  • Association Amenities:Trail(s): Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 112.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

  • Ninth Grade High School: Wake - Green Level
  • Middle Or Junior School: Wake - Mills Park

Lot Info

  • Lot Dimensions: 71'x107'x88'x91'
  • Lot Size Sq Ft: 8276.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5663.0
  • Tax Year: 2020

MLS Schools

  • Elementary School: Wake - White Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2021
Closed on
Apr 14, 2021
Sold by
Joshi Abhijit A and Joshi Prajakta A
Bought by
Patel Rushit S and Patel Vaishali R
Seller's Agent
Amanda Kondrasov
Coldwell Banker HPW
Buyer's Agent
Shirin George
Fathom Realty NC
List Price
$735,000
Sold Price
$775,900
Premium/Discount to List
$40,900
5.56%
Total Days on Market
6
Current Estimated Value
$1,035,269

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$259,369
Avg. Annual Appreciation
8.39%
Original Mortgage
$546,350
Outstanding Balance
$501,396
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$572,114

Purchase Details

Closed on
Aug 23, 2016
Sold by
Dr Horton Inc
Bought by
Joshi Abhijit A and Joshi Prajakta A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Interest Rate
3.41%
Mortgage Type
New Conventional

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
Patel Rushit S $776,000 None Available
Joshi Abhijit A $595,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Rushit S $546,350
Previous Owner Joshi Abhijit A $393,434
Previous Owner Joshi Abhijit A $416,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $775,900 -- --
05/18/2021 05/18/21 Sold $775,900 +5.6% $190 / Sq Ft
04/14/2021 04/14/21 Pending -- -- --
04/08/2021 04/08/21 For Sale $735,000 -- $180 / 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 $7,994 $950,991 $200,000 $750,991
2023 $5,972 $594,050 $110,000 $484,050
2022 $5,750 $594,050 $110,000 $484,050
2021 $5,634 $594,050 $110,000 $484,050
2020 $5,663 $594,050 $110,000 $484,050
2019 $6,413 $597,120 $165,000 $432,120
2018 $6,017 $597,120 $165,000 $432,120
2017 $5,782 $597,120 $165,000 $432,120
2016 -- $165,000 $165,000 $0
2015 $1,083 $110,000 $110,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2375707

Doorify MLS

APN: 0724.04-91-0208-000