NOT LISTED FOR SALE

2406 Magnolia Tree Ln Durham, NC 27703

Estimated Value: $465,000 - $546,000

3 Beds
2.5 Baths
2,632 Sq Ft
$193/Sq Ft Est. Value

Last Sold May 23, 2023

Last sale price $485,000 $184 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,148/month

49 Days on Market

Highlights

  • Transitional Architecture
  • Loft
  • Granite Countertops
  • Wood Flooring
  • Sun or Florida Room
  • Community Pool

About This Home

As of May 2023

You'll fall in love with this must-see 2-story front porch home! Beautiful hardwoods featured on main living living area, owner's suite & bonus loft! Open living room w/gas fireplace and built-in speakers. Entertain in your gourmet kitchen w/gas range, SS appliances, under cabinet lighting, tile backsplash, crown molding & granite counters or the adjacent sunroom/barroom! Luxurious dining room w/coffered ceiling, wainscoting & chair rail molding. Work from home in the main flr office! Escape to the owner's suite w/trey ceiling, his & hers WIC's w/sitting room & access to laundry room & private balcony! Private owner's bath w/garden tub, walk-in shower & dual vanity. Bonus loft area for extra space, full bathroom w/dual vanity and two additional bdrms finish off the second floor. Grill & chill on the patio overlooking wooded views! Community offers pool and playground area!

Last Agent to Sell the Property

Samara Presley

Smart Choice Realty Company License #223812 Listed on: 02/17/2023

Last Buyer's Agent

Emily Godrich

Berkshire Hathaway HomeService License #249181

Berkshire Hathaway HomeService

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,898

Year Built

  • Built in 2015

Lot Details

  • 7,405 Sq Ft Lot
  • Landscaped
  • Open Lot
  • Property is zoned RD

HOA Fees

  • $57 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Private Driveway

Home Design

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

Interior Spaces

  • 2,632 Sq Ft Home
  • 2-Story Property
  • Coffered Ceiling
  • Tray Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Blinds
  • Entrance Foyer
  • Living Room with Fireplace
  • Breakfast Room
  • Dining Room
  • Home Office
  • Loft
  • Bonus Room
  • Sun or Florida Room

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Double Vanity
  • Soaking Tub
  • Shower Only in Primary Bathroom
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level

Outdoor Features

  • Patio
  • Porch

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Floor Furnace
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • Gas Water Heater

Community Details

Overview

  • Association fees include storm water maintenance
  • Towne Properties Association
  • Rustica Oaks Subdivision

Recreation

  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,898

Year Built

Built in 2015

Lot Details

0

HOA Fees

$57 per month

Parking

2

Listing Details

  • Year Built: 2015
  • Prop. Type: Residential
  • Reso Association Fee Includes: Storm Water Maintenance
  • Subdivision Name: Rustica Oaks
  • Above Grade Finished Sq Ft: 2632.0
  • 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: need survey
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Architectural Style Transitional: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Foundation Details Slab: Yes
  • Laundry Features Laundry Room: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Cooling Zoned: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Interior Features Separate Shower: 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
  • Architectural Style Traditional: Yes
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: 2
  • Laundry Features Upper Level: Yes
  • Room Types Loft: Yes
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Room Types Breakfast Room: Yes
  • Interior Features Bathtub Only: Yes
  • Interior Features Shower Only: Yes
  • Room Types Sunroom: Yes
  • General Property Information Above Grade Finished Area: 2632.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 7405.2
  • General Property Information Lot Size Acres: 0.17
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Bathtub Only, Ceiling Fan(s), Coffered Ceiling(s), Double Vanity, Entrance Foyer, Granite Counters, Pantry, Separate Shower, Shower Only, Soaking Tub, Tray Ceiling(s), Walk-In Closet(s), Walk-In Shower
  • Appliances: Dishwasher, Gas Range, Gas Water Heater, Microwave, Refrigerator, Tankless Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas, Gas Log, Living Room
  • Fireplaces: 1
  • Total Bedrooms: 9
  • Appliances Dishwasher: Yes
  • Appliances:Tankless Water Heater: Yes
  • Community Features:Playground2: Yes
  • Community Features:Pool2: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Interior Features:Tray Ceiling(s): Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances:Gas Water Heater: Yes
  • Interior Features:Soaking Tub: Yes
  • Fireplace Features:Living Room: Yes
  • Fireplace Features:Gas4: Yes
  • Interior Features:Coffered Ceiling(s): Yes
  • Appliances:Gas Range: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Acres: 0.17
  • Construction Type: Vinyl Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Patio, Porch
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Window Features:Blinds: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Patio: Yes
  • Lot Features:Open Lot: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Concrete, Driveway, Garage, Garage Faces Front
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage Faces Front: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Heating: Electric, Floor Furnace, Natural Gas, Zoned
  • Cooling: Central Air, Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Natural Gas: Yes
  • Heating:Zoned2: Yes
  • Heating:Floor Furnace: Yes

Condo/Co-op/Association

  • Community Features: Playground, Pool
  • Association Fee: 57.0
  • 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: 57.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

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

Lot Info

  • Zoning: RD
  • Lot Dimensions: need survey
  • Lot Size Sq Ft: 7405.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3898.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: Durham - Bethesda

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 11, 2019
Sold by
Benefield Justin T and Kunkel Alexandra
Bought by
Benefield Justin T
Current Estimated Value
$508,146

Purchase Details

Closed on
Mar 14, 2016
Sold by
Mungo Homes Of North Carol
Bought by
Benefield Justin T and Kunkel Alexandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,250
Outstanding Balance
$181,450
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$326,696
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
Benefield Justin T -- None Available
Benefield Justin T $270,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Benefield Justin T $229,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2023 12/14/23 Off Market $485,000 -- --
05/23/2023 05/23/23 Sold $485,000 -3.0% $184 / Sq Ft
04/06/2023 04/06/23 Pending -- -- --
03/27/2023 03/27/23 For Sale $499,900 0.0% $190 / Sq Ft
03/11/2023 03/11/23 Pending -- -- --
02/16/2023 02/16/23 For Sale $499,900 -- $190 / 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 $4,860 $490,299 $87,750 $402,549
2024 $4,249 $304,578 $58,350 $246,228
2023 $3,990 $304,578 $58,350 $246,228
2022 $3,898 $304,578 $58,350 $246,228
2021 $3,880 $304,578 $58,350 $246,228
2020 $3,789 $304,578 $58,350 $246,228
2019 $3,789 $304,578 $58,350 $246,228
2018 $3,411 $251,429 $40,845 $210,584
2017 $3,386 $251,429 $40,845 $210,584
2016 $1,627 $125,079 $40,845 $84,234
Source: Public Records

Agents Affiliated with this Home

  • Samara Presley

    Seller's Agent in 2023

    Samara Presley

    Smart Choice Realty Company

    (919) 322-0077

    274 Total Sales

    Samara Presley
    Section Image
  • Emily Godrich

    Buyer's Agent in 2023

    Emily Godrich

    Berkshire Hathaway HomeService

    (919) 672-8550

    78 Total Sales

    Emily Godrich
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2495431

Doorify MLS

APN: 217451

North Carolina Durham County Durham 27703

2406 Magnolia Tree Ln, Durham, NC

This home is located at 2406 Magnolia Tree Ln, Durham, NC 27703 since 17 February 2023 and is currently estimated at $508,146, approximately $193 per square foot. This property was built in 2015. 2406 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.

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