1301 Magnolia Bend Loop Cary, NC 27519
Green Level NeighborhoodEstimated Value: $812,000 - $1,182,000
5
Beds
4.5
Baths
3,878
Sq Ft
$274/Sq Ft
Est. Value
Highlights
- Transitional Architecture
- Cathedral Ceiling
- Main Floor Bedroom
- White Oak Elementary School Rated A
- Wood Flooring
- Bonus Room
About This Home
As of September 2021This 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
Coldwell Banker Advantage License #202426 Listed on: 08/05/2021
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
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
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%
Total Days on Market
14
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,236
Avg. Annual Appreciation
4.62%
Original Mortgage
$692,000
Outstanding Balance
$637,847
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$424,389
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
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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 | $178,000 | |
| Previous Owner | Lao Terence | $185,000 | |
| Previous Owner | Lao Terence | $375,000 | |
| Previous Owner | Lao Terence | $390,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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
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 | $8,070 | $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
39 Total Sales
-
Yuling Wang
Buyer's Agent in 2021
Yuling Wang
SweetHome International, LLC
(919) 480-4991
2 in this area
118 Total Sales
Map
Source: Doorify MLS
MLS Number: 2399954
APN: 0724.04-81-8343-000
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