NOT LISTED FOR SALE

2020 Magnolia Tree Ln Durham, NC 27703

Estimated Value: $503,601 - $530,000

4 Beds
2.5 Baths
2,633 Sq Ft
$195/Sq Ft Est. Value

Last Sold August 04, 2021

Last sale price $455,000 $173 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,187/month

1 Day on Market

Highlights

  • Contemporary Architecture
  • 1 Fireplace
  • Community Pool
  • Wood Flooring
  • Sun or Florida Room
  • Breakfast Room

About This Home

As of August 2021

Love porches? Look no further!! Double front porch & gorgeous sunroom for enjoying each and every season of the year. Absolutely stunning open floorpan home filled with hardwood, tile, fireplace and granite! Dining room with coffered ceiling and arched doorway makes entertaining fun. Spacious beautiful white Kitchen w butlers pantry.Huge master suite w sitting area . Very close to RTP & restaurants. Fenced backyard, patio and fire pit! Community pool, cabana and playground . In built ceiling speakers.

Last Agent to Sell the Property

Neha Avasthi

EXP Realty LLC License #298690 Listed on: 07/06/2021

EXP Realty LLC

Co-Listed By

Shikha Anand

EXP Realty LLC License #320943

Last Buyer's Agent

Dave Anderson

EXP Realty LLC License #111220

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,759

Year Built

  • Built in 2018

Lot Details

  • 8,276

HOA Fees

  • $53 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 2,633 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Entrance Foyer
  • Family Room
  • Breakfast Room
  • Dining Room
  • Sun or Florida Room
  • Screened Porch
  • Utility Room
  • Pull Down Stairs to Attic

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

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

Utilities

  • Zoned Heating
  • Heating System Uses Natural Gas
  • Tankless Water Heater

Additional Features

  • Patio
  • 8,276 Sq Ft Lot

Community Details

Overview

  • Towne Properties Association
  • Rustica Oaks Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,759

Year Built

Built in 2018

Lot Details

0

HOA Fees

$53 per month

Parking

2

Listing Details

  • Year Built: 2018
  • Prop. Type: Residential
  • Co List Office Mls Id: 1319
  • Co List Office Phone: 919-882-3200
  • Subdivision Name: Rustica Oaks
  • Above Grade Finished Sq Ft: 2633.0
  • Architectural Style: Contemporary
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: 8581 sq. ft.
  • 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
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Levels Two: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Room Types Bedroom 4 Level: 2
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Room Types Primary Bedroom Level: 2
  • Room Types Utility Room: Yes
  • Appliances Refrigerators: Yes
  • Room Types Breakfast Room: Yes
  • Room Types Sunroom: Yes
  • Pool Features Swimming Pool ComFee: Yes
  • Architectural Style Contemporary: Yes
  • Foundation Details Block3: Yes
  • General Property Information Above Grade Finished Area: 2633.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 8276.4
  • General Property Information Lot Size Acres: 0.19
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Interior Amenities: Eat-in Kitchen, Entrance Foyer
  • Appliances: Dishwasher, Gas Range, Microwave, Refrigerator, Self Cleaning Oven, Tankless Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Total Bedrooms: 7
  • Appliances Dishwasher: Yes
  • Appliances:Tankless Water Heater: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Appliances:Gas Range: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Acres: 0.19
  • Construction Type: Vinyl Siding
  • Foundation Details: Block
  • Patio And Porch Features: Patio, Porch, Screened
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

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

Utilities

  • Heating: Electric, Natural Gas, Zoned
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Natural Gas: Yes
  • Heating:Zoned2: Yes

Condo/Co-op/Association

  • Association Fee: 53.0
  • Association Fee Frequency: Monthly
  • Association Name: Towne Properties
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Towne Properties
  • Association Amenities:Pool: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 53.0
  • 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: 8581 sq. ft.
  • Lot Size Sq Ft: 8276.4
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3759.0
  • Tax Year: 2020

MLS Schools

  • Elementary School: Durham - Bethesda

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2021
Closed on
Aug 4, 2021
Sold by
Sweeney Alexandra and Sweeney Patrick
Bought by
Fernandes Rafael Fulton
Seller's Agent
Neha Avasthi
EXP Realty LLC
Buyer's Agent
Dave Anderson
EXP Realty LLC
Sold Price
$455,000
Current Estimated Value
$514,650

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,650
Avg. Annual Appreciation
2.97%
Original Mortgage
$409,500
Outstanding Balance
$372,918
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$141,733

Purchase Details

Closed on
May 21, 2018
Sold by
Mungo Homes Of North Carolina Inc
Bought by
Reed Alexandra Josephine and Sweeney Patrick Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,204
Interest Rate
4.12%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Fernandes Rafael Fulton $455,000 None Available
Reed Alexandra Josephine $320,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fernandes Rafael Fulton $409,500
Previous Owner Reed Alexandra Josephine $314,204
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2023 12/14/23 Off Market $455,000 -- --
08/04/2021 08/04/21 Sold $455,000 -- $173 / Sq Ft
07/07/2021 07/07/21 Pending -- -- --
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 $4,969 $501,277 $90,000 $411,277
2024 $4,257 $305,218 $59,850 $245,368
2023 $3,998 $305,218 $59,850 $245,368
2022 $3,906 $305,218 $59,850 $245,368
2021 $3,888 $302,193 $59,850 $242,343
2020 $3,759 $302,193 $59,850 $242,343
2019 $3,759 $302,193 $59,850 $242,343
2018 $568 $20,947 $20,947 $0
2017 $282 $20,947 $20,947 $0
2016 $273 $41,895 $41,895 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2393790

Doorify MLS

APN: 217560