NOT LISTED FOR SALE

2010 Magnolia Tree Ln Durham, NC 27703

Estimated Value: $452,000 - $483,000

3 Beds
2.5 Baths
2,441 Sq Ft
$193/Sq Ft Est. Value

Last Sold November 04, 2022

Last sale price $420,000 $172 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,905/month

4 Days on Market

Highlights

  • Transitional Architecture
  • Sun or Florida Room
  • Community Pool
  • Bonus Room
  • Granite Countertops
  • Home Office

About This Home

As of November 2022

Ideally located halfway between Duke University and Research Triangle Park / Apple's new Morrisville Campus, this nearly new home is a great place to live AND a smart investment in the area's future. Handsome brick front. Open floor plan with great flow in the kitchen/dining/sunroom. The home organization room/office is a great work-from-home option. Watch the big game and hang out with friends in the large bonus room. Easy walk to 2 parks and the pool.

Last Agent to Sell the Property

Adam Dickinson

Nest Realty of the Triangle License #266837 Listed on: 09/09/2022

Nest Realty of the Triangle

Last Buyer's Agent

Teisha Wymore

Nest Realty of the Triangle License #291903

Nest Realty of the Triangle

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,379

Year Built

  • Built in 2017

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 53'x122'x40'x113'

HOA Fees

  • $55 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Transitional Architecture
  • Traditional Architecture
  • Brick Veneer
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2,441 Sq Ft Home
  • 2-Story Property
  • Entrance Foyer
  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Home Office
  • Bonus Room
  • Sun or Florida Room
  • Pull Down Stairs to Attic

Kitchen

  • Electric Cooktop
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Bathtub with Shower
  • Shower Only

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Patio
  • Porch

Schools

  • Bethesda Elementary School
  • Lowes Grove Middle School
  • Hillside High School

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Satellite Dish

Community Details

Overview

  • Town Property Association
  • Rustica Oaks Subdivision

Recreation

  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,379

Year Built

Built in 2017

Lot Details

0

HOA Fees

$55 per month

Parking

2

Listing Details

  • Year Built: 2017
  • Prop. Type: Residential
  • Subdivision Name: Rustica Oaks
  • Above Grade Finished Sq Ft: 2441.0
  • Architectural Style: Traditional, Transitional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: 53'x122'x40'x113'
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Appliances Microwave: Yes
  • Architectural Style Transitional: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Cooling Central Air: Yes
  • Foundation Details Slab: Yes
  • Interior Features BathtubShower Combination: Yes
  • Interior Features KitchenDining Room Combination: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Levels Two: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • 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: 2
  • Flooring Vinyl: Yes
  • Laundry Features Upper Level: Yes
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Interior Features Shower Only: Yes
  • Other Equipment Satellite Dish: Yes
  • Room Types Sunroom: Yes
  • Security Features Security System: Yes
  • General Property Information Above Grade Finished Area: 2441.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 5662.8
  • General Property Information Lot Size Acres: 0.13
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Vinyl
  • Interior Amenities: Bathtub/Shower Combination, Entrance Foyer, Granite Counters, Kitchen/Dining Room Combination, Pantry, Shower Only, Walk-In Closet(s)
  • Appliances: Dishwasher, Dryer, Electric Cooktop, Gas Water Heater, Microwave, Plumbed For Ice Maker, Refrigerator, Washer
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Total Bedrooms: 6
  • Appliances Dishwasher: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • Community Features:Playground2: Yes
  • Community Features:Pool2: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Community Features:Street Lights: Yes
  • Appliances:Electric Cooktop: Yes
  • Appliances:Gas Water Heater: Yes

Exterior Features

  • Acres: 0.13
  • Construction Type: Brick, Brick Veneer, Vinyl Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Patio, Porch
  • Patio and Porch Features:Porch: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Patio: Yes
  • Construction Materials:Brick Veneer: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Garage, Garage Door Opener, Garage Faces Front
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Garage Faces Front: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

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

Condo/Co-op/Association

  • Community Features: Playground, Pool, Street Lights
  • Association Fee: 55.0
  • Association Fee Frequency: Monthly
  • Association Name: Town Property Association
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Town Property Association
  • Association Amenities:Pool: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 55.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

  • Ninth Grade High School: Durham - Hillside
  • Middle Or Junior School: Durham - Lowes Grove

Lot Info

  • Lot Dimensions: 53'x122'x40'x113'
  • Lot Size Sq Ft: 5662.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3379.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: Durham - Bethesda

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2022
Closed on
Oct 28, 2022
Sold by
Mcmahon Michael D and Mcmahon Mia
Bought by
Kowalewski Mark E and Kowalewski Elaine K
Seller's Agent
Adam Dickinson
Nest Realty of the Triangle
Buyer's Agent
Teisha Wymore
Nest Realty of the Triangle
List Price
$425,000
Sold Price
$420,000
Premium/Discount to List
-$5,000
-1.18%
Current Estimated Value
$470,409

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,409
Avg. Annual Appreciation
3.90%
Original Mortgage
$325,000
Outstanding Balance
$308,171
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$162,238

Purchase Details

Closed on
Feb 21, 2018
Sold by
Mungo Homes Of North Carolina Inc
Bought by
Mamahon Mia and Mamahon Michael D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,263
Interest Rate
4.25%
Mortgage Type
FHA
Source: Public Records

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 Buyer Sale Price Title Company
Kowalewski Mark E $420,000 --
Mamahon Mia $272,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kowalewski Mark E $325,000
Previous Owner Mamahon Mia $267,263
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2023 12/14/23 Off Market $420,000 -- --
11/04/2022 11/04/22 Sold $420,000 -1.2% $172 / Sq Ft
09/12/2022 09/12/22 Pending -- -- --
09/08/2022 09/08/22 For Sale $425,000 -- $174 / 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 $4,358 $439,576 $84,750 $354,826
2024 $3,683 $264,039 $56,700 $207,339
2023 $3,459 $264,039 $56,700 $207,339
2022 $3,379 $264,039 $56,700 $207,339
2021 $3,364 $264,039 $56,700 $207,339
2020 $3,284 $264,039 $56,700 $207,339
2019 $3,284 $264,039 $56,700 $207,339
2018 $1,733 $107,944 $19,845 $88,099
2017 $267 $19,845 $19,845 $0
2016 $258 $39,690 $39,690 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2472963

Doorify MLS

APN: 217564