NOT LISTED FOR SALE

1301 Magnolia Bend Loop Cary, NC 27519

Green Level Neighborhood

Estimated Value: $1,128,000 - $1,152,000

5 Beds
4.5 Baths
3,878 Sq Ft
$293/Sq Ft Est. Value

Last Sold September 28, 2021

Last sale price $900,000 $232 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $6,690/month

14 Days on Market

Highlights

  • Transitional Architecture
  • Cathedral Ceiling
  • Main Floor Bedroom
  • White Oak Elementary School Rated A
  • Wood Flooring
  • Bonus Room

About This Home

As of September 2021

This amazing home is a former showcase home and shows like new. Open floor plan features beautiful kitchen that would delight any cook. Working from home will be a pleasure with a 1st floor office. Home also features a 1st fl guest bedr with full bath, formal dinning rm. Located within 5 min of the future Duke 70 ac campus, walk to American Tobacco trail, protected by Gr Level historic district and close to Thomas Brooks Pk (picnic shelter, pl grounds, sports).

Last Agent to Sell the Property

Charlotte Michau

Coldwell Banker Advantage License #202426 Listed on: 08/05/2021

Coldwell Banker Advantage

Last Buyer's Agent

Yuling Wang

SweetHome International, LLC License #293459

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,515

Year Built

  • Built in 2015

Lot Details

  • 8,712 Sq Ft Lot
  • Property is zoned R40

HOA Fees

  • $112 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Transitional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 3,878 Sq Ft Home
  • 2-Story Property
  • Coffered Ceiling
  • Cathedral Ceiling
  • Gas Log Fireplace
  • Insulated Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • L-Shaped Dining Room
  • Breakfast Room
  • Home Office
  • Bonus Room
  • Utility Room
  • Crawl Space
  • Pull Down Stairs to Attic

Kitchen

  • Butlers Pantry
  • Self-Cleaning Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Covered Patio or Porch
  • Rain Gutters

Schools

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

Utilities

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

Community Details

Overview

  • Southerlyn HOA
  • Southerlyn Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,515

Year Built

Built in 2015

Lot Details

0

HOA Fees

$112 per month

Parking

2

Listing Details

  • Year Built: 2015
  • Prop. Type: Residential
  • Subdivision Name: Southerlyn
  • Above Grade Finished Sq Ft: 3878.0
  • 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: Need survey
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Architectural Style Transitional: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Flooring Tile: Yes
  • Interior Features Water Closet: Yes
  • Laundry Features Laundry Room: Yes
  • Laundry Features Main Level: Yes
  • Security Features Smoke Detector(s): 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
  • Levels Two: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Room Types Bedroom 4 Level: 2
  • Room Types Bonus Room: Yes
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: 2
  • Room Types Bedroom 5 Level: M
  • Room Types Utility Room: Yes
  • Interior Features Dining L: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Room Types Breakfast Room: Yes
  • Interior Features Shower Only: Yes
  • Utilities Cable Available: Yes
  • Security Features Security System: Yes
  • General Property Information Above Grade Finished Area: 3878.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 8712.0
  • General Property Information Lot Size Acres: 0.2
  • General Property Information:Living Area3: 3878.0
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring: Hardwood, Tile
  • Interior Amenities: Butler's Pantry, Cathedral Ceiling(s), Coffered Ceiling(s), Dining L, Entrance Foyer, Granite Counters, High Ceilings, Pantry, Separate Shower, Shower Only, Soaking Tub, Walk-In Closet(s), Water Closet
  • Basement: Crawl Space
  • Appliances: Dishwasher, Dryer, Gas Range, Microwave, Self Cleaning Oven, Tankless Water Heater, Washer
  • Basement YN: No
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Family Room, Gas Log
  • Fireplaces: 1
  • Appliances Dishwasher: Yes
  • Appliances:Tankless Water Heater: Yes
  • Community Features:Pool2: 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
  • Fireplace Features:Family Room: Yes
  • Fireplace Features:Gas Log: Yes
  • Interior Features:Soaking Tub: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Coffered Ceiling(s): Yes
  • Appliances:Gas Range: Yes
  • Interior Features:Butler_squote_s Pantry: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Exterior Features: Rain Gutters
  • Acres: 0.2
  • Construction Type: Brick, Fiber Cement
  • Patio And Porch Features: Covered, Patio, Porch
  • Construction Materials:Fiber Cement: Yes
  • Exterior Features:Rain Gutters: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Patio: Yes
  • Window Features:Insulated Windows: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Pool
  • Association Fee: 337.0
  • Association Fee Frequency: Quarterly
  • Association Name: Southerlyn HOA
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Southerlyn HOA
  • Association Amenities:Pool: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 337.0
  • General Property Information:Association Fee Frequency: Quarterly

Schools

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

Lot Info

  • Zoning: R40
  • Lot Dimensions: Need survey
  • Lot Size Sq Ft: 8712.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5515.0
  • Tax Year: 2020

MLS Schools

  • Elementary School: Wake - White Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2021
Closed on
Sep 28, 2021
Sold by
Lao Terence and Lao Catherine
Bought by
Zhao Yao and Bian Yang
Seller's Agent
Charlotte Michau
Coldwell Banker Advantage
Buyer's Agent
Yuling Wang
SweetHome International, LLC
List Price
$750,000
Sold Price
$900,000
Premium/Discount to List
$150,000
20%
Current Estimated Value
$1,121,191

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$221,191
Avg. Annual Appreciation
5.67%
Original Mortgage
$692,000
Outstanding Balance
$631,039
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$506,197

Purchase Details

Closed on
Dec 28, 2015
Sold by
D R Horton Inc
Bought by
Lao Terence and Lao Catherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
3.97%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Zhao Yao $900,000 None Available
Lao Terence $570,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhao Yao $692,000
Previous Owner Lao Terence $390,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $900,000 -- --
09/28/2021 09/28/21 Sold $900,000 +20.0% $232 / Sq Ft
08/20/2021 08/20/21 For Sale $750,000 0.0% $193 / Sq Ft
08/19/2021 08/19/21 Pending -- -- --
08/06/2021 08/06/21 Pending -- -- --
08/05/2021 08/05/21 For Sale $750,000 -- $193 / 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
2025 $8,249 $960,042 $200,000 $760,042
2024 $8,070 $960,042 $200,000 $760,042
2023 $5,837 $580,551 $110,000 $470,551
2022 $5,619 $580,551 $110,000 $470,551
2021 $5,506 $580,551 $110,000 $470,551
2020 $5,535 $580,551 $110,000 $470,551
2019 $6,335 $589,804 $165,000 $424,804
2018 $5,944 $589,804 $165,000 $424,804
2017 $5,712 $589,804 $165,000 $424,804
2016 $5,626 $589,804 $165,000 $424,804
2015 $1,083 $110,000 $110,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Charlotte Michau

    Seller's Agent in 2021

    Charlotte Michau

    Coldwell Banker Advantage

    (919) 524-5242

    1 in this area

    34 Total Sales

    Charlotte Michau
    Section Image
  • Yuling Wang

    Buyer's Agent in 2021

    Yuling Wang

    SweetHome International, LLC

    (919) 480-4991

    2 in this area

    107 Total Sales

    Yuling Wang
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2399954

Doorify MLS

APN: 0724.04-81-8343-000

North Carolina Wake County Cary 27519 Green Level

1301 Magnolia Bend Loop, Cary, NC

Not Listed for Sale

Detached

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