2003 Magnolia Tree Ln Durham, NC 27703
South Durham NeighborhoodEstimated Value: $480,000 - $516,000
3
Beds
3
Baths
2,520
Sq Ft
$195/Sq Ft
Est. Value
About This Home
This home is located at 2003 Magnolia Tree Ln, Durham, NC 27703 and is currently estimated at $490,890, approximately $194 per square foot. 2003 Magnolia Tree Ln is a home located in Durham County with nearby schools including R.N. Harris Elementary School, James E. Shepard Middle School, and Hillside High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 27, 2022
Sold by
Powe and Cierra
Bought by
Powe Family Trust and Hill Family Trust
Current Estimated Value
Purchase Details
Closed on
Mar 15, 2018
Sold by
Mungo Homes Of North Carolina Inc
Bought by
Powe Derek and Hill Cierra
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,371
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Powe Family Trust | -- | None Listed On Document | |
| Powe Derek | $300,500 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Powe Derek | $285,371 |
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 | $4,851 | $489,350 | $94,500 | $394,850 |
| 2024 | $4,130 | $296,048 | $63,150 | $232,898 |
| 2023 | $3,878 | $296,048 | $63,150 | $232,898 |
| 2022 | $3,789 | $296,048 | $63,150 | $232,898 |
| 2021 | $3,771 | $296,048 | $63,150 | $232,898 |
| 2020 | $3,683 | $296,048 | $63,150 | $232,898 |
| 2019 | $3,683 | $296,048 | $63,150 | $232,898 |
| 2018 | $600 | $22,102 | $22,102 | $0 |
| 2017 | $298 | $22,102 | $22,102 | $0 |
| 2016 | $288 | $44,205 | $44,205 | $0 |
Source: Public Records
Map
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