NOT LISTED FOR SALE

1349 Magnolia Bend Loop Cary, NC 27519

Green Level Neighborhood

Estimated Value: $986,000 - $1,208,000

4 Beds
4.5 Baths
3,572 Sq Ft
$297/Sq Ft Est. Value

Last Sold June 21, 2024

Last sale price $970,000 $272 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $6,361/month

1 Day on Market

Highlights

  • A-Frame Home
  • Wood Flooring
  • Game Room
  • White Oak Elementary School Rated A
  • Main Floor Bedroom
  • Home Office

About This Home

As of June 2024

Stone accents and large porch! Enter through the 8' DOUBLE MAHOGANY Doors! 10'Ceilings on the 1st Flr and 9' on the 2nd! Open FP w/great space for entertaining! LUXURY in a great West Cary location! GOURMET kitchen with all the touches! Study, FORMAL DR w/COFFERED Ceiling. 1st Flr GUEST SUITE w/PRIVATE BATH! LUXURIOUS Master BR and Bath. HUGE Laundry Rm with STORAGE AREA! POOL Community!

Last Agent to Sell the Property

Junhui Ji

American Redstone Group LLC License #285861 Listed on: 05/18/2024

American Redstone Group LLC

Last Buyer's Agent

Srini Tamma

Evershine Properties, Inc. License #284388

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,808

Year Built

  • Built in 2017

Lot Details

  • 8,712 Sq Ft Lot

HOA Fees

  • $127 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces

Home Design

  • A-Frame Home
  • Traditional Architecture
  • Brick or Stone Mason
  • Foam Insulation
  • Architectural Shingle Roof
  • Stone

Interior Spaces

  • 3,572 Sq Ft Home
  • 2-Story Property
  • Entrance Foyer
  • Breakfast Room
  • Dining Room
  • Home Office
  • Game Room

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Primary bedroom located on second floor

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

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 0724914429

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,808

Year Built

Built in 2017

Lot Details

0

HOA Fees

$127 per month

Parking

2

Listing Details

  • Year Built: 2017
  • Prop. Type: Residential
  • Reso Association Fee Includes: Maintenance Grounds, Road Maintenance
  • Subdivision Name: Southerlyn
  • Above Grade Finished Sq Ft: 3572.0
  • Architectural Style: A-Frame, Traditional
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • Cooling Central Air: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Cooling Zoned: Yes
  • Flooring Carpet: Yes
  • Flooring Ceramic Tile: Yes
  • Levels Two: Yes
  • Room Types Bedroom 2 Level: Second
  • Room Types Bedroom 3 Level: Second
  • Room Types Bedroom 4 Level: Second
  • Room Types Dining Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: Second
  • Room Types Bedroom 5 Level: Main
  • Room Types Breakfast Room: Yes
  • Flooring Wood: Yes
  • General Property Information Association Phone: 9198484911
  • General Property Information Enhanced Accessible2: No
  • Architectural Style A-Frame: Yes
  • Room Types Entrance Hall: Yes
  • General Property Information Above Grade Finished Area: 3572.0
  • Roof Architectural Shingle: Yes
  • Room Types Game Room2: Yes
  • General Property Information Lot Size Square Feet2: 8712.0
  • General Property Information Lot Size Acres: 0.2
  • Construction Materials Foam Insulation: Yes
  • General Property Information:Living Area3: 3572.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Wood
  • Basement YN: No
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Roof: Architectural Shingle
  • Acres: 0.2
  • Construction Type: Foam Insulation, Stone
  • Foundation Details: Other
  • Construction Materials:Stone: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: 380.0
  • Association Fee Frequency: Quarterly
  • 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: 380.0
  • 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 Size Sq Ft: 8712.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 0724914429

Tax Info

  • Tax Annual Amount: 5808.0
  • Tax Year: 2023

MLS Schools

  • Elementary School: Wake County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2024
Closed on
Jun 20, 2024
Sold by
Yu Jinhua
Bought by
Nareddy Maheshwar Reddy and Peruru Sravanthi
Seller's Agent
Junhui Ji
American Redstone Group LLC
Buyer's Agent
Srini Tamma
Evershine Properties, Inc.
List Price
$980,000
Sold Price
$970,000
Premium/Discount to List
-$10,000
-1.02%
Views
20
Current Estimated Value
$1,060,093

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,093
Avg. Annual Appreciation
6.10%
Original Mortgage
$570,000
Outstanding Balance
$540,457
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$519,636

Purchase Details

Closed on
Mar 17, 2017
Sold by
D R Horton Inc
Bought by
Yu Jinhua
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Nareddy Maheshwar Reddy $970,000 None Listed On Document
Yu Jinhua $600,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nareddy Maheshwar Reddy $570,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/21/2024 06/21/24 Sold $970,000 -1.0% $272 / Sq Ft
05/20/2024 05/20/24 Pending -- -- --
05/18/2024 05/18/24 For Sale $980,000 -- $274 / 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 $7,952 $925,496 $200,000 $725,496
2024 $7,780 $925,496 $200,000 $725,496
2023 $5,808 $577,663 $110,000 $467,663
2022 $5,592 $577,663 $110,000 $467,663
2021 $5,479 $577,663 $110,000 $467,663
2020 $5,508 $577,663 $110,000 $467,663
2019 $6,259 $582,701 $165,000 $417,701
2018 $5,873 $582,701 $165,000 $417,701
2017 $4,817 $165,000 $165,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10030394

Doorify MLS

APN: 0724.04-91-4429-000