2217 Magnolia Tree Ln Durham, NC 27703
3
Beds
2.5
Baths
2,360
Sq Ft
4,792
Sq Ft Lot
Highlights
- View of Trees or Woods
- Deck
- Wood Flooring
- Open Floorplan
- Transitional Architecture
- Bonus Room
About This Home
As of May 2025Light, Bright & Beautiful...3 words that best describe 2217 Magnolia Tree in the welcoming Durham community of Rustica Oaks! As you walk into the light-filled entryway, your eyes are naturally drawn to the wooded views that surround this home, filling the space with natural light & energy. Beautiful hardwood floors grace the open concept living area and the connection to the kitchen & living areas makes this floorplan ideal for hosting large gatherings with comfort & ease! Boasting 3 full bedrooms and a HUGE BONUS room on the second level, PLUS a functional home office on the main level, combine to make this one of the most popular floorplans in the neighborhood! Seller has enjoyed cost savings in the energy-efficient Mungo-built home and you'll find the 240 volt EV charger outlet, the tankless water heater, and ample storage options in the garage. Don't miss the huge, tall crawl space that is more than enough to store all of your play equipment, yard toys and garden tools (potting table to convey)! Speaking of gardening, the seller has planted lots of healthy, native landscaping throughout the entire yard making for easier yard maintenance. All appliances will convey, including the gas grill and compost bin out back, too. Around the corner from the neighborhood swimming pool and playground and easy access to Downtown Durham make for an awesome location! Make plans to see this property today - you'll be glad you did!
Last Agent to Sell the Property
Keller Williams Elite Realty License #275787 Listed on: 04/02/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,837
Year Built
- Built in 2018
Lot Details
- 4,792 Sq Ft Lot
- Landscaped with Trees
- Garden
HOA Fees
- $60 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Electric Vehicle Home Charger
- Private Driveway
- 2 Open Parking Spaces
Home Design
- Transitional Architecture
- Permanent Foundation
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 2,360 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Smooth Ceilings
- Ceiling Fan
- Gas Log Fireplace
- Entrance Foyer
- Family Room with Fireplace
- Living Room
- Dining Room
- Home Office
- Bonus Room
- Views of Woods
- Pull Down Stairs to Attic
Kitchen
- Gas Range
- Microwave
- Dishwasher
- Granite Countertops
- Disposal
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Dual Closets
- Separate Shower in Primary Bathroom
- Walk-in Shower
Laundry
- Laundry on upper level
- Dryer
- Washer
Outdoor Features
- Deck
- Outdoor Gas Grill
- Rain Gutters
Schools
- Harris Elementary School
- Lowes Grove Middle School
- Hillside High School
Utilities
- Forced Air Heating and Cooling System
- Tankless Water Heater
Listing and Financial Details
- Assessor Parcel Number 217594
Community Details
Overview
- Association fees include insurance, ground maintenance, storm water maintenance
- Rustica Oaks Master Association, Inc. Association, Phone Number (919) 878-8787
- Built by Mungo Homes
- Rustica Oaks Subdivision
- Maintained Community
Recreation
- Recreation Facilities
- Community Playground
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 2, 2025
Closed on
May 27, 2025
Sold by
Outzs Nancy
Bought by
Coyle Ramsey Elena and Patel Dillan Milan
Seller's Agent
Nicolle Mercer
Keller Williams Elite Realty
Buyer's Agent
Jeanna Reeves
Northside Realty Inc.
List Price
$485,000
Sold Price
$481,000
Premium/Discount to List
-$4,000
-0.82%
Views
14
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
$2,144
Avg. Annual Appreciation
1.79%
Original Mortgage
$456,950
Outstanding Balance
$456,173
Interest Rate
6.83%
Mortgage Type
New Conventional
Estimated Equity
$26,971
Purchase Details
Closed on
Apr 9, 2018
Sold by
Mungo Homes Of North Carolina Inc
Bought by
Outzs Nancy M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,782
Interest Rate
4.4%
Mortgage Type
New Conventional
Similar Homes in Durham, NC
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with 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 | $481,000 | None Listed On Document | |
| Warranty Deed | $481,000 | None Listed On Document | |
| Warranty Deed | $306,500 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $456,950 | New Conventional | |
| Closed | $456,950 | New Conventional | |
| Previous Owner | $271,900 | New Conventional | |
| Previous Owner | $275,782 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/29/2025 05/29/25 | Sold | $481,000 | -0.8% | $204 / Sq Ft |
| 04/16/2025 04/16/25 | Pending | -- | -- | -- |
| 04/02/2025 04/02/25 | For Sale | $485,000 | -- | $206 / Sq Ft |
Source: Doorify MLS
Tax History Compared to Growth
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 | $3,837 | $275,043 | $55,600 | $219,443 |
| 2023 | $3,603 | $275,043 | $55,600 | $219,443 |
| 2022 | $3,520 | $275,043 | $55,600 | $219,443 |
| 2021 | $3,504 | $275,043 | $55,600 | $219,443 |
| 2020 | $3,421 | $275,043 | $55,600 | $219,443 |
| 2019 | $3,421 | $275,043 | $55,600 | $219,443 |
| 2018 | $1,560 | $95,530 | $19,460 | $76,070 |
| 2017 | $262 | $19,460 | $19,460 | $0 |
| 2016 | $253 | $38,920 | $38,920 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Nicolle Mercer
Seller's Agent in 2025
Nicolle Mercer
Keller Williams Elite Realty
(919) 632-5671
103 Total Sales
-
Jeanna Reeves
Buyer's Agent in 2025
Jeanna Reeves
Northside Realty Inc.
(919) 264-6725
107 Total Sales
Map
Source: Doorify MLS
MLS Number: 10086242
APN: 217594
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