$465,000
SOLD JUN 26, 2025

2013 Magnolia Tree Ln Durham, NC 27703

3 Beds
2.5 Baths
2,287 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$203 Per Sq Ft

3% Below List Price

60 Days on Market

Highlights

  • Traditional Architecture
  • Bonus Room
  • Community Pool
  • 1 Fireplace
  • Granite Countertops
  • Home Office

About This Home

As of June 2025

A beautifully maintained home nestled in the heart of Durham! This charming 3-bedroom, 2.5-bath home features an open floor plan filled with natural light, perfect for everyday living and entertaining. The spacious kitchen boasts modern appliances, ample counter space, and a cozy breakfast nook. Upstairs, you'll find a generous primary suite with a walk-in closet and private bath, plus two additional bedrooms ideal for family and guests. A spacious bonus room offers endless possibilities—whether you're looking to create a home gym, yoga studio, game room, or media lounge. Conveniently located just minutes from RTP, Brier Creek, and downtown Durham, with easy access to major highways, shopping, and dining.

Last Agent to Sell the Property

Hank Xiao

CHK Realty License #287187 Listed on: 04/07/2025

CHK Realty

Last Buyer's Agent

Ninel Careaga

REALTY ONE GROUP RESULTS License #278658

REALTY ONE GROUP RESULTS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,815

Year Built

  • Built in 2018

Lot Details

  • 4,792 Sq Ft Lot
  • Back and Front Yard

HOA Fees

  • $60 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Brick or Stone Mason
  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding
  • Stone

Interior Spaces

  • 2,287 Sq Ft Home
  • 2-Story Property
  • Tray Ceiling
  • Smooth Ceilings
  • 1 Fireplace
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Home Office
  • Bonus Room
  • Pull Down Stairs to Attic

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Dual Closets
  • Walk-In Closet
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Washer and Dryer

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Tankless Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0830-60-7637

Community Details

Overview

  • Association fees include ground maintenance, road maintenance
  • Towne Propertie Association, Phone Number (919) 878-8787
  • Built by Mungo
  • Rustica Oaks Subdivision, Henderson Floorplan

Recreation

  • Community Pool
  • Dog Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,815

Year Built

Built in 2018

Lot Details

0

HOA Fees

$60 per month

Parking

2

Listing Details

  • Builder Name: Mungo
  • Builder Model: Henderson
  • Year Built: 2018
  • Prop. Type: Residential
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt, Concrete
  • Reso Association Fee Includes: Maintenance Grounds, Road Maintenance
  • Subdivision Name: Rustica Oaks
  • Above Grade Finished Sq Ft: 2287.0
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • General Property Information Above Grade Unfinished Area: 691.0
  • General Property Information Total Unfinished Area2: 691.0
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Cooling Central Air: Yes
  • Flooring Luxury Vinyl: Yes
  • Foundation Details Slab: Yes
  • Laundry Features Laundry Room: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Interior Features Smooth Ceilings: Yes
  • Levels Two: Yes
  • Room Types Bedroom 2 Level: Second
  • Room Types Bedroom 3 Level: Second
  • Room Types Bonus Room: Yes
  • Room Types Dining Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: Second
  • Laundry Features Upper Level: Yes
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Utilities Cable Available: Yes
  • General Property Information Association Phone: 919-878-8787
  • General Property Information Enhanced Accessible2: No
  • Utilities Electricity Available: Yes
  • Utilities Natural Gas Available: Yes
  • Utilities Phone Available: Yes
  • General Property Information Monthly Association Fees2: 60.0
  • Roof:Shingle: Yes
  • Room Types Entrance Hall: Yes
  • General Property Information Spa YN: No
  • General Property Information Above Grade Finished Area: 2287.0
  • Room Types Laundry2: Yes
  • Laundry Features Inside: Yes
  • Interior Features Dual Closets: Yes
  • General Property Information Lot Size Square Feet2: 4791.6
  • General Property Information Lot Size Acres: 0.11
  • General Property Information Builder Name: Mungo
  • General Property Information Builder Model: Henderson
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Luxury Vinyl
  • Interior Amenities: Dual Closets, Granite Counters, Smooth Ceilings, Tray Ceiling(s), Walk-In Closet(s), Walk-In Shower
  • Private Spa: No
  • Appliances: Dishwasher, Disposal, Electric Range, Microwave, Refrigerator, Tankless Water Heater, Washer/Dryer
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Total Bedrooms: 10
  • Appliances Dishwasher: Yes
  • Appliances:Tankless Water Heater: Yes
  • Community Features:Pool2: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Interior Features:Tray Ceiling(s): Yes
  • Appliances:Electric Range: Yes
  • Community Features:Sidewalks: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Appliances:WasherDryer: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.11
  • Disclosures: Seller Disclosure
  • Construction Type: Stone, Vinyl Siding
  • Foundation Details: Slab
  • Construction Materials:Vinyl Siding: Yes
  • Construction Materials:Stone: Yes
  • Lot Features:Back Yard2: Yes
  • Lot Features:Front Yard2: Yes
  • Accessibility Features:Central Living Area: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Open Parking: No
  • General Property Information:Garage Spaces: 2.0
  • General Property Information:Attached Garage YN: Yes
  • General Property Information:Open Parking YN2: No

Utilities

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

Condo/Co-op/Association

  • Community Features: Pool, Sidewalks
  • Association Fee: 60.0
  • Association Fee Frequency: Monthly
  • Association Name: Towne Propertie
  • Phone: 919-878-8787
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Towne Propertie
  • Association Amenities:Pool: Yes
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Amenities:Dog Park: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 60.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

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

Lot Info

  • Lot Size Sq Ft: 4791.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 0830-60-7637

Tax Info

  • Tax Annual Amount: 3815.4
  • Tax Year: 2024
  • Tax Map Number: 192

MLS Schools

  • Elementary School: Durham - Harris

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2025
Closed on
Jun 26, 2025
Sold by
Li Mingyu and Wang Xueqi
Bought by
Arrington Jerahmie and Arrington Brittany Moore
Seller's Agent
Hank Xiao
CHK Realty
Buyer's Agent
Ninel Careaga
REALTY ONE GROUP RESULTS
List Price
$478,000
Sold Price
$465,000
Premium/Discount to List
-$13,000
-2.72%
Views
55
Current Estimated Value
$468,640

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,640
Avg. Annual Appreciation
2.82%
Original Mortgage
$480,345
Outstanding Balance
$479,525
Interest Rate
6.81%
Mortgage Type
VA
Estimated Equity
-$10,885

Purchase Details

Closed on
Apr 25, 2018
Sold by
Mungo Homes Of North Carolina Inc
Bought by
Li Mingyu and Wang Xuequ
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $465,000 None Listed On Document
Warranty Deed $279,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $480,345 VA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/26/2025 06/26/25 Sold $465,000 -1.7% $203 / Sq Ft
06/06/2025 06/06/25 Pending -- -- --
05/23/2025 05/23/25 Price Changed $473,000 -1.0% $207 / Sq Ft
04/07/2025 04/07/25 For Sale $478,000 -- $209 / 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 $3,815 $450,018 $83,250 $366,768
2024 $3,815 $273,525 $55,600 $217,925
2023 $3,583 $273,525 $55,600 $217,925
2022 $3,501 $273,525 $55,600 $217,925
2021 $3,484 $273,525 $55,600 $217,925
2020 $3,402 $273,525 $55,600 $217,925
2019 $3,402 $273,525 $55,600 $217,925
2018 $528 $19,460 $19,460 $0
2017 $262 $19,460 $19,460 $0
2016 $253 $38,920 $38,920 $0
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2025

    Hank Xiao

    CHK Realty

    (919) 360-9473

    20 Total Sales

    Hank Xiao
    Section Image

  • N

    Buyer's Agent in 2025

    Ninel Careaga

    REALTY ONE GROUP RESULTS

    (919) 740-0974

    13 Total Sales

    Ninel Careaga
    Section Image
See All Agents

Map

Source: Doorify MLS

MLS Number: 10087525

Doorify MLS

APN: 217571

North Carolina Durham County Durham 27703

2013 Magnolia Tree Ln, Durham, NC

This home is located at 2013 Magnolia Tree Ln, Durham, NC 27703 and is currently priced at $465,000, approximately $203 per square foot. This property was built in 2018. 2013 Magnolia Tree Ln is a home with nearby schools including R.N. Harris Elementary School, James E. Shepard Middle School, and Hillside High School.

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