NOT LISTED FOR SALE

1416 Magnolia Bend Loop Cary, NC 27519

Green Level Neighborhood

Estimated Value: $1,196,857

5 Beds
5 Baths
4,804 Sq Ft
$249/Sq Ft Est. Value

Last Sold August 30, 2024

Last sale price $1,180,000 $246 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $7,174/month

79 Days on Market

Highlights

  • Two Primary Bedrooms
  • Open Floorplan
  • Wooded Lot
  • White Oak Elementary School Rated A
  • Deck
  • Traditional Architecture

About This Home

As of August 2024

Nestled in a quiet Cul-de-sac deep in the Southerlyn neighborhood of West Cary, this meticulously-maintained home has a lot to offer! North-east facing brick front with spacious porch. New sod. Open floor plan and 10-ft high ceiling on the first floor that features a formal dining room with coffered ceiling and an office, plus a guest suite. Gourmet kitchen with huge island and built-in stainless steel appliances, granite countertops, built-in speakers. Large family room with fireplace. Screened porch with Trex board and a deck, looking out to the private wooded backyard. Upstairs you will find a large, bright owner's suite with sitting/office area, plus his and her large 200 SF closet. Another bedroom with private bath, then two more bedrooms with a shared bath. All with 9 ft ceilings. Check out the finished third floor with the included home theater setup (150-inch screen, 5.1 surround sound speakers, projector), and a full bath! The community has a swimming pool, is close to shopping areas, recreational activities, greenways that West Cary offers. Fridge/washer/dryer will convey.

Last Agent to Sell the Property

Sean Huang

Southern Properties Group Inc. License #311746 Listed on: 05/03/2024

Last Buyer's Agent

Vaibhavi Parekh

Fathom Realty NC, LLC License #340889

Fathom Realty NC, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,703

Year Built

  • Built in 2016

Lot Details

  • 8,276 Sq Ft Lot
  • Cul-De-Sac
  • Landscaped
  • Wooded Lot
  • Back Yard

HOA Fees

  • $127 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Private Driveway

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Permanent Foundation
  • Shingle Roof

Interior Spaces

  • 4,804 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Sound System
  • Crown Molding
  • Coffered Ceiling
  • Ceiling Fan
  • Chandelier
  • Fireplace
  • Blinds
  • Entrance Foyer
  • Family Room
  • Breakfast Room
  • Dining Room
  • Home Office
  • Bonus Room
  • Screened Porch
  • Finished Attic

Kitchen

  • Built-In Gas Oven
  • Built-In Range
  • Microwave
  • Stainless Steel Appliances
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Primary bedroom located on second floor
  • Double Master Bedroom
  • Walk-In Closet
  • In-Law or Guest Suite
  • 5 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer
  • Sink Near Laundry

Home Security

  • Home Security System
  • Carbon Monoxide Detectors

Outdoor Features

  • Deck

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0724903753

Community Details

Overview

  • Association fees include ground maintenance, road maintenance, storm water maintenance
  • Southerlyn HOA, Phone Number (919) 848-4911
  • Southerlyn Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,703

Year Built

Built in 2016

Lot Details

0

HOA Fees

$127 per month

Parking

2

Listing Details

  • Year Built: 2016
  • Prop. Type: Residential
  • Road Surface Type: Asphalt
  • Reso Association Fee Includes: Maintenance Grounds, Road Maintenance, Storm Water Maintenance
  • Subdivision Name: Southerlyn
  • Above Grade Finished Sq Ft: 4804.0
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • General Property Information Above Grade Unfinished Area: 1039.0
  • General Property Information Total Unfinished Area2: 1039.0
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • Appliances Microwave: Yes
  • Cooling Central Air: Yes
  • Interior Features BathtubShower Combination: Yes
  • Laundry Features Laundry Room: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Flooring Ceramic Tile: Yes
  • Flooring Hardwood: Yes
  • Room Types Bedroom 2 Level: Main
  • Room Types Bedroom 3 Level: Second
  • Room Types Bedroom 4 Level: Second
  • Room Types Bonus Room: Yes
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: Second
  • Laundry Features Upper Level: Yes
  • Room Types Bedroom 5 Level: Second
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Room Types Breakfast Room: Yes
  • Utilities Cable Available: Yes
  • Remarks and Miscellaneous Syndication Remarks2: Nestled in a quiet Cul-de-sac deep in the Southerlyn neighborhood of West Cary, this meticulously-maintained home has a lot to offer! North-east facing brick front with spacious porch. New sod. Open floor plan and 10-ft high ceiling on the first floor that features a formal dining room with coffered ceiling and an office, plus a guest suite. Gourmet kitchen with huge island and built-in stainless steel appliances, granite countertops, built-in speakers. Large family room with fireplace. Screened porch with Trex board and a deck, looking out to the private wooded backyard. Upstairs you will find a large, bright owner's suite with sitting/office area, plus his and her large 200 SF closet. Another bedroom with private bath, then two more bedrooms with a shared bath. All with 9 ft ceilings. Check out the finished third floor with the included home theater setup (150-inch screen, 5.1 surround sound speakers, projector), and a full bath! The community has a swimming pool, is close to shopping areas, recreational activities, greenways that West Cary offers. Fridge/washer/dryer will convey.
  • Security Features Security System: Yes
  • General Property Information Association Phone: (919) 848-4911
  • Levels Three Or More: Yes
  • In-Law Suite Details Main Foor: Yes
  • General Property Information Enhanced Accessible2: No
  • Interior Features Second Primary Bedroom: Yes
  • Vegetation Wooded2: Yes
  • General Property Information Monthly Association Fees2: 126.67
  • Roof:Shingle: Yes
  • Utilities Water Connected: Yes
  • Room Types Entrance Hall: Yes
  • General Property Information Above Grade Finished Area: 4804.0
  • Utilities Electricity Connected: Yes
  • Utilities Sewer Connected: Yes
  • Room Types Laundry2: Yes
  • Utilities Natural Gas Connected: Yes
  • Foundation Details Permanent: Yes
  • Laundry Features Sink: Yes
  • Security Features Carbon Monoxide Detector(s): Yes
  • General Property Information Lot Size Square Feet2: 8276.4
  • General Property Information Lot Size Acres: 0.19
  • General Property Information:Living Area3: 4804.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Bathtub/Shower Combination, Ceiling Fan(s), Chandelier, Coffered Ceiling(s), Crown Molding, Granite Counters, Kitchen Island, Open Floorplan, Pantry, Second Primary Bedroom, Sound System, Walk-In Closet(s), Walk-In Shower
  • Appliances: Built-In Gas Oven, Built-In Range, Disposal, Dryer, Microwave, Refrigerator, Stainless Steel Appliance(s), Washer
  • Basement YN: No
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Interior Features:Coffered Ceiling(s): Yes
  • Attic Features:Walk-In Attic: Yes
  • Attic Features:Finished2: Yes
  • Appliances:Stainless Steel Appliance(s): Yes
  • Community Features:None3: Yes
  • Interior Features:Crown Molding: Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Open Floorplan: Yes
  • Pool Features:Community: Yes
  • Appliances:Built-In Range: Yes
  • Interior Features:Chandelier: Yes
  • Interior Features:Sound System: Yes
  • Appliances:Built-In Gas Oven: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.19
  • Construction Type: Brick, Fiber Cement
  • Foundation Details: Permanent
  • Patio And Porch Features: Deck, Front Porch, Rear Porch, Screened
  • Construction Materials:Fiber Cement: Yes
  • Lot Features:Landscaped: Yes
  • Patio And Porch Features:Screened: Yes
  • Window Features:Blinds: Yes
  • Lot Features:Wooded: Yes
  • Lot Features:Cul-De-Sac: Yes
  • Patio And Porch Features:Deck2: Yes
  • Construction Materials:Brick: Yes
  • Lot Features:Back Yard2: Yes
  • Patio And Porch Features:Front Porch: Yes
  • Patio And Porch Features:Rear Porch: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Open Parking: No
  • Parking Features: Driveway, Garage, Garage Door Opener
  • Total Parking Spaces: 2.0
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Driveway: Yes
  • 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: No

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Central, Fireplace(s), Natural Gas
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Central: Yes
  • Heating:Fireplace(s): Yes

Condo/Co-op/Association

  • Community Features: None
  • Association Fee: 380.0
  • Association Fee Frequency: Quarterly
  • Association Name: Southerlyn HOA
  • Phone: 919-848-4911
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Southerlyn HOA
  • Association Amenities:Pool: Yes
  • 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 - Green Level
  • Middle Or Junior School: Wake - Mills Park

Lot Info

  • Lot Size Sq Ft: 8276.4
  • ResoLotSizeUnits: Acres
  • Parcel #: 0724903753

Tax Info

  • Tax Annual Amount: 6703.0
  • Tax Year: 2023

MLS Schools

  • Elementary School: Wake - White Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2024
Closed on
Aug 21, 2024
Sold by
Kamjula Sudhaker Reddy and Dhaka Durga Sowmya
Bought by
Pariawala Sneha and Pariawala Dharmesh Amratlal
Seller's Agent
Sean Huang
Southern Properties Group Inc.
Buyer's Agent
Vaibhavi Parekh
Fathom Realty NC, LLC
List Price
$1,260,000
Sold Price
$1,180,000
Premium/Discount to List
-$80,000
-6.35%
Views
86
Current Estimated Value
$1,196,857

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,857
Avg. Annual Appreciation
1.09%
Original Mortgage
$766,500
Outstanding Balance
$731,331
Interest Rate
6.05%
Mortgage Type
New Conventional
Estimated Equity
$465,526

Purchase Details

Closed on
Oct 20, 2016
Sold by
Kamjula Sudhakar Reddy and Dhaka Durga Sowmya
Bought by
Kamujula Sudhkar Reddy and Dhaka Durga Sowmya

Purchase Details

Closed on
Feb 4, 2016
Sold by
D R Horton Inc
Bought by
Kamjula Sudhakar Reddy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
3.98%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Pariawala Sneha $1,180,000 None Listed On Document
Kamujula Sudhkar Reddy -- None Available
Kamjula Sudhakar Reddy $651,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pariawala Sneha $766,500
Previous Owner Kamjula Sudhakar Reddy $520,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2024 08/30/24 Sold $1,180,000 -2.5% $246 / Sq Ft
07/22/2024 07/22/24 Pending -- -- --
07/02/2024 07/02/24 Price Changed $1,210,000 -4.0% $252 / Sq Ft
05/03/2024 05/03/24 For Sale $1,260,000 -- $262 / 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 $9,089 $1,058,058 $200,000 $858,058
2024 $8,892 $1,058,058 $200,000 $858,058
2023 $6,703 $666,986 $110,000 $556,986
2022 $6,453 $666,986 $110,000 $556,986
2021 $6,323 $666,986 $110,000 $556,986
2020 $6,356 $666,986 $110,000 $556,986
2019 $7,156 $666,447 $165,000 $501,447
2018 $6,714 $666,447 $165,000 $501,447
2017 $6,451 $666,447 $165,000 $501,447
2016 $5,381 $165,000 $165,000 $0
2015 $1,083 $110,000 $110,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Sean Huang

    Seller's Agent in 2024

    Sean Huang

    Southern Properties Group Inc.

    (919) 886-5168

    2 in this area

    154 Total Sales

    Sean Huang
    Section Image

  • V

    Buyer's Agent in 2024

    Vaibhavi Parekh

    Fathom Realty NC, LLC

    (919) 601-3555

    1 in this area

    4 Total Sales

    Vaibhavi Parekh
    Section Image
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Map

Source: Doorify MLS

MLS Number: 10027039

Doorify MLS

APN: 0724.04-90-3753-000

North Carolina Wake County Cary 27519 Green Level

1416 Magnolia Bend Loop, Cary, NC

Not Listed for Sale

Detached

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