NOT LISTED FOR SALE

2404 Magnolia Tree Ln Durham, NC 27703

Estimated Value: $495,000 - $516,338

3 Beds
3 Baths
2,491 Sq Ft
$203/Sq Ft Est. Value

About This Home

This home is located at 2404 Magnolia Tree Ln, Durham, NC 27703 and is currently estimated at $506,335, approximately $203 per square foot. 2404 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 30, 2020
Sold by
Lanan Brenda Jean and Lanan Krista Jo
Bought by
Rausch Kristine M
Current Estimated Value
$506,335

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,750
Outstanding Balance
$274,287
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$232,048

Purchase Details

Closed on
Mar 16, 2018
Sold by
Mallare Jennifer Mitsuko and Mallare Jeffrey Robert
Bought by
Lanan Krista Jo and Lanan Brenda Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,000
Interest Rate
4.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 22, 2015
Sold by
Mungo Homes Of North Carolina Inc
Bought by
Duffy Jennifer Mitsuko and Mallare Jeffrey Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,293
Interest Rate
4.01%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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
Rausch Kristine M $325,000 None Available
Lanan Krista Jo $306,000 None Available
Duffy Jennifer Mitsuko $246,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rausch Kristine M $308,750
Previous Owner Lanan Krista Jo $266,000
Previous Owner Duffy Jennifer Mitsuko $233,293
Source: Public Records

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 $4,685 $472,630 $89,250 $383,380
2024 $4,011 $287,521 $59,600 $227,921
2023 $3,766 $287,521 $59,600 $227,921
2022 $3,680 $287,521 $59,600 $227,921
2021 $3,663 $287,521 $59,600 $227,921
2020 $3,576 $287,521 $59,600 $227,921
2019 $3,576 $287,521 $59,600 $227,921
2018 $3,196 $235,630 $41,720 $193,910
2017 $3,173 $235,630 $41,720 $193,910
2016 $543 $41,720 $41,720 $0
Source: Public Records

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