$1,170,000
SOLD JUN 6, 2024

1312 Magnolia Bend Loop Cary, NC 27513

Green Level Neighborhood
5 Beds
5.5 Baths
4,790 Sq Ft
9,583 Sq Ft Lot

Recently Sold

$244 Per Sq Ft

4% Below List Price

5 Days on Market

Highlights

  • Transitional Architecture
  • Wood Flooring
  • Finished Attic
  • White Oak Elementary School Rated A
  • Main Floor Bedroom
  • 1 Fireplace

About This Home

As of June 2024

Nestled in a sought-after community known for top-rated schools and prime location, the Estate home is the perfect blend of comfort and sophistication. Featuring 5 bedrooms and 5.5 bathrooms, this home includes a welcoming guest suite on the main floor with private bath on main floor, ideal for hosting family and friends.

Step into the double-story family room where natural light floods through large windows, creating a warm, inviting atmosphere. The kitchen will delight any chef with its open layout, SS appliances, and custom butler's pantry—perfect for preparing gourmet meals and entertaining guests.

Dual staircases lead to the private family quarters, including a massive master suite where you can unwind in style with dual vanities, a relaxing tub, a separate shower, and a walk-in closet that's a room of its own.

The third floor offers added flexibility with a full bath, suitable for a game room, home office, or extra bedroom. Outside, enjoy the peaceful deck for a morning coffee or evening relaxation, and benefit from a spacious two-car garage.

Last Agent to Sell the Property

Latesh Patel

LP Realty License #253953

Last Buyer's Agent

Jennifer Geska

VRC, Ltd. License #289568

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,655

Year Built

  • Built in 2016

Lot Details

  • 9,583 Sq Ft Lot
  • Northwest Facing Home
  • Interior Lot

HOA Fees

  • $120 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces

Home Design

  • Transitional Architecture
  • Traditional Architecture
  • Brick Veneer
  • Block Foundation
  • Shingle Roof
  • Stone Veneer

Interior Spaces

  • 4,790 Sq Ft Home
  • 3-Story Property
  • 1 Fireplace
  • Family Room
  • Living Room
  • Finished Attic

Kitchen

  • Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System

Community Details

  • Association fees include ground maintenance
  • Professional Property Management Association, Phone Number (919) 848-4911
  • Southerlyn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 25

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,655

Year Built

Built in 2016

Lot Details

0

HOA Fees

$120 per month

Parking

2

Listing Details

  • Year Built: 2016
  • Prop. Type: Residential
  • Road Surface Type: Asphalt
  • Reso Association Fee Includes: Maintenance Grounds
  • Subdivision Name: Southerlyn
  • Above Grade Finished Sq Ft: 4790.0
  • Architectural Style: Traditional, Transitional
  • Garage Yn: Yes
  • Unit Levels: Tri-Level
  • New Construction: No
  • 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
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Cooling Zoned: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Room Types Bedroom 2 Level: Main
  • Room Types Bedroom 3 Level: Second
  • Room Types Bedroom 4 Level: Second
  • Room Types Family Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: Second
  • Room Types Bedroom 5 Level: Second
  • Room Types Living Room2: Yes
  • General Property Information Association Phone: 9198484911
  • Foundation Details Block3: Yes
  • Levels Tri-Level: Yes
  • General Property Information Enhanced Accessible2: No
  • General Property Information Monthly Association Fees2: 120.0
  • Roof:Shingle: Yes
  • General Property Information Above Grade Finished Area: 4790.0
  • General Property Information Lot Size Square Feet2: 9583.2
  • General Property Information Lot Size Acres: 0.22
  • General Property Information Stories2: 3
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Flooring: Carpet, Hardwood
  • Appliances: Cooktop, Dishwasher, Gas Cooktop, Microwave, Oven, Stainless Steel Appliance(s)
  • Basement YN: No
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplaces: 1
  • Total Bedrooms: 10
  • Stories: 3
  • Appliances Dishwasher: Yes
  • Appliances:Gas Cooktop: Yes
  • Appliances:Cooktop: Yes
  • Attic Features:Finished2: Yes
  • Appliances:Oven: Yes
  • Appliances:Stainless Steel Appliance(s): Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Roof: Shingle
  • Acres: 0.22
  • Construction Type: Brick Veneer, Stone Veneer
  • Direction Faces: Northwest
  • Foundation Details: Block
  • Construction Materials:Brick Veneer: Yes
  • Construction Materials:Stone Veneer: Yes
  • Lot Features:Interior Lot: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Open Parking: Yes
  • Total Parking Spaces: 4.0
  • General Property Information:Garage Spaces: 2.0
  • General Property Information:Attached Garage YN: Yes
  • General Property Information:Parking Total: 4.0
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 2.0

Utilities

  • Heating: Forced Air
  • Cooling: Dual, Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association Fee: 120.0
  • Association Fee Frequency: Monthly
  • Association Name: Professional Property Management
  • Phone: 919-848-4911
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Professional Property Management
  • Association Fee Includes:Maintenance Grounds2: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 120.0
  • 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 Size Sq Ft: 9583.2
  • ResoLotSizeUnits: Acres
  • Parcel #: 25
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6655.3
  • Tax Year: 2023

MLS Schools

  • Elementary School: Wake - White Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2024
Closed on
Jun 4, 2024
Sold by
Prusty Santosh K and Subramanian Gowri
Bought by
Hooshiar Hooman and Javadi Salma
Seller's Agent
Latesh Patel
LP Realty
Buyer's Agent
Jennifer Geska
VRC, Ltd.
List Price
$1,225,000
Sold Price
$1,170,000
Premium/Discount to List
-$55,000
-4.49%
Total Days on Market
5
Views
136
Current Estimated Value
$1,197,016

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,016
Avg. Annual Appreciation
1.27%
Original Mortgage
$766,550
Outstanding Balance
$761,587
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$422,846

Purchase Details

Closed on
Sep 16, 2016
Sold by
D R Horton Inc
Bought by
Prusty Santosh K and Subramanian Gowri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Map

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 Type Sale Price Title Company
Warranty Deed $1,170,000 None Listed On Document
Special Warranty Deed $662,500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $766,550 New Conventional
Previous Owner $591,700 New Conventional
Previous Owner $417,000 Adjustable Rate Mortgage/ARM
Previous Owner $178,300 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2024 06/06/24 Sold $1,170,000 -4.5% $244 / Sq Ft
04/25/2024 04/25/24 Pending -- -- --
04/19/2024 04/19/24 For Sale $1,225,000 -- $256 / Sq Ft
Source: Doorify MLS

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 $8,957 $1,065,868 $200,000 $865,868
2023 $6,655 $662,206 $110,000 $552,206
2022 $6,407 $662,206 $110,000 $552,206
2021 $6,278 $662,206 $110,000 $552,206
2020 $6,311 $662,206 $110,000 $552,206
2019 $7,024 $654,132 $165,000 $489,132
2018 $6,590 $654,132 $165,000 $489,132
2017 $6,332 $708,457 $165,000 $543,457
2016 $1,568 $165,000 $165,000 $0
2015 $1,083 $110,000 $110,000 $0
Source: Public Records

Source: Doorify MLS

MLS Number: 10023580

Doorify MLS

APN: 0724.04-91-0560-000