1416 Magnolia Bend Loop Cary, NC 27519
Green Level Neighborhood
5
Beds
5
Baths
4,804
Sq Ft
8,276
Sq Ft Lot
Highlights
- Two Primary Bedrooms
- Open Floorplan
- Wooded Lot
- White Oak Elementary School Rated A
- Deck
- Traditional Architecture
About This Home
As of August 2024Nestled 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.
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
- 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
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%
Total Days on Market
79
Views
86
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
$18,921
Avg. Annual Appreciation
1.00%
Original Mortgage
$766,500
Outstanding Balance
$753,245
Interest Rate
6.05%
Mortgage Type
New Conventional
Estimated Equity
$435,482
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
Map
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Similar Homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,180,000 | None Listed On Document | |
| Interfamily Deed Transfer | -- | None Available | |
| Special Warranty Deed | $651,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $766,500 | New Conventional | |
| Previous Owner | $177,000 | Credit Line Revolving | |
| Previous Owner | $175,491 | Credit Line Revolving | |
| Previous Owner | $454,000 | New Conventional | |
| Previous Owner | $450,000 | New Conventional | |
| Previous Owner | $520,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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
| 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 | $8,892 | $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
Source: Doorify MLS
MLS Number: 10027039
APN: 0724.04-90-3753-000
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