NOT LISTED FOR SALE

2409 Magnolia Tree Ln Durham, NC 27703

Estimated Value: $486,852 - $526,000

3 Beds
3 Baths
2,450 Sq Ft
$207/Sq Ft Est. Value

About This Home

This home is located at 2409 Magnolia Tree Ln, Durham, NC 27703 and is currently estimated at $505,951, approximately $206 per square foot. 2409 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
Jul 10, 2025
Sold by
Chen Wei
Bought by
Wei Chen Trust and Chen
Current Estimated Value
$505,951

Purchase Details

Closed on
Feb 24, 2016
Sold by
Mungo Homes Of North Carol
Bought by
Chen Wei

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,437
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 3, 2005
Sold by
Godwin Gus T and Godwin Marie R
Bought by
Rustica Associates Llc
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

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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
Wei Chen Trust -- None Listed On Document
Wei Chen Trust -- None Listed On Document
Chen Wei $227,000 --
Rustica Associates Llc $446,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chen Wei $181,437
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 $4,696 $473,680 $83,250 $390,430
2024 $4,017 $287,986 $55,600 $232,386
2023 $3,772 $287,986 $55,600 $232,386
2022 $3,686 $287,986 $55,600 $232,386
2021 $3,669 $287,986 $55,600 $232,386
2020 $3,582 $287,986 $55,600 $232,386
2019 $3,582 $287,986 $55,600 $232,386
2018 $3,238 $238,666 $38,920 $199,746
2017 $3,214 $238,666 $38,920 $199,746
2016 $506 $38,920 $38,920 $0
2015 $517 $37,316 $37,316 $0
2014 $517 $37,316 $37,316 $0
Source: Public Records

Map

North Carolina Durham County Durham 27703

2409 Magnolia Tree Ln, Durham, NC

This home is located at 2409 Magnolia Tree Ln, Durham, NC 27703 and is currently estimated at $505,951, approximately $206 per square foot. 2409 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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