NOT LISTED FOR SALE

2483 Magnolia Tree Ln Durham, NC 27703

Estimated Value: $471,000 - $568,000

4 Beds
3 Baths
2,748 Sq Ft
$193/Sq Ft Est. Value

Last Sold September 15, 2023

Last sale price $535,000 $195 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,284/month

2 Days on Market

Highlights

  • Craftsman Architecture
  • Wood Flooring
  • Loft
  • Deck
  • Main Floor Bedroom
  • High Ceiling

About This Home

As of September 2023

Southern charm and craftsman flair come together beautifully in this lovely Rustica Oaks cutie! Incredibly flexible, large living spaces are drenched in natural light. Not the formal type? Ditch the formal dining room to use as a gorgeous home office. Need a little more elbow room? Check out the spacious loft bonus space on the second floor! Need some fresh air but hate the bugs? Hang out on the screened porch overlooking the private, wooded, fenced backyard. Fresh neutral paint and updated LED lighting throughout. Pack your bags and don't forget your swim suit--this one is move-in ready. Perfectly sited in this highly desirable neighborhood, the home is just a block from the community pool, minutes from downtown Durham and an easy drive to RTP, the airport and all things Triangle!

Last Agent to Sell the Property

Nata Bozymski

Inhabit Real Estate License #227848 Listed on: 08/18/2023

Last Buyer's Agent

Errin Humbert

Park Real Estate Management License #345867

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,104

Year Built

  • Built in 2016

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 77x107x48x111
  • Fenced Yard

HOA Fees

  • $57 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Craftsman Architecture
  • Transitional Architecture
  • Brick or Stone Mason
  • Slab Foundation
  • Vinyl Siding
  • Stone

Interior Spaces

  • 2,748 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • High Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Blinds
  • Mud Room
  • Entrance Foyer
  • Family Room with Fireplace
  • Breakfast Room
  • Dining Room
  • Loft
  • Bonus Room
  • Screened Porch
  • Utility Room
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Soaking Tub
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Laundry Located Outside
  • Dryer
  • Washer

Eco-Friendly Details

  • Energy-Efficient Lighting
  • Water-Smart Landscaping

Outdoor Features

  • Deck
  • Rain Gutters

Schools

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

Utilities

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

Community Details

Overview

  • Association fees include storm water maintenance
  • Rustica Oaks Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,104

Year Built

Built in 2016

Lot Details

0

HOA Fees

$57 per month

Parking

2

Listing Details

  • Year Built: 2016
  • Prop. Type: Residential
  • Reso Association Fee Includes: Storm Water Maintenance
  • Subdivision Name: Rustica Oaks
  • Above Grade Finished Sq Ft: 2748.0
  • Architectural Style: Craftsman, Transitional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Efficiency: Lighting
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: 77x107x48x111
  • 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
  • Attic Features Pull-Down Stairs: Yes
  • Cooling Central Air: Yes
  • Foundation Details Slab: Yes
  • Interior Features BathtubShower Combination: Yes
  • Laundry Features Laundry Room: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Cooling:Electric: Yes
  • Cooling Zoned: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Interior Features Smooth Ceilings: Yes
  • Levels Two: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Room Types Bedroom 4 Level: M
  • Room Types Bonus Room: Yes
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Room Types Primary Bedroom Level: 2
  • Laundry Features Upper Level: Yes
  • Room Types Loft: Yes
  • Room Types Utility Room: Yes
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Room Types Breakfast Room: Yes
  • Architectural Style Craftsman: Yes
  • Room Types Mud Room: Yes
  • Green Water Conservation Water-Smart Landscaping: Yes
  • General Property Information Above Grade Finished Area: 2748.0
  • General Property Information Carport YN: No
  • Laundry Features Outside2: Yes
  • General Property Information Lot Size Square Feet2: 6969.6
  • General Property Information Lot Size Acres: 0.16
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Interior Amenities: Bathtub/Shower Combination, Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Granite Counters, High Ceilings, Smooth Ceilings, Soaking Tub, Walk-In Closet(s), Walk-In Shower
  • Appliances: Dishwasher, Dryer, Electric Range, Gas Water Heater, Microwave, Refrigerator, Washer
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Gas Log
  • Fireplaces: 1
  • Total Bedrooms: 9
  • Appliances Dishwasher: Yes
  • Community Features:Pool2: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Fireplace Features:Family Room: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Appliances:Electric Range: Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances:Gas Water Heater: Yes
  • Interior Features:Soaking Tub: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Exterior Features: Fenced Yard, Rain Gutters
  • Acres: 0.16
  • Construction Type: Stone, Vinyl Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Deck, Porch, Screened
  • Exterior Features:Rain Gutters: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Window Features:Blinds: Yes
  • Patio And Porch Features:Covered2: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Construction Materials:Stone: Yes
  • Patio And Porch Features:Deck2: Yes
  • Exterior Features:Fenced - Yard: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Pool
  • Association Fee: 57.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • 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

  • Lot Dimensions: 77x107x48x111
  • Lot Size Sq Ft: 6969.6
  • ResoLotSizeUnits: Acres

Green Features

  • Green Water Conservation: Water-Smart Landscaping
  • Green Energy Efficient:Lighting2: Yes

Tax Info

  • Tax Annual Amount: 4104.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: Durham - Bethesda

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 2, 2024
Sold by
Butler Antoine Duane and Butler Dionne
Bought by
Maluhia Living Trust and Butler
Current Estimated Value
$530,347

Purchase Details

Listed on
Aug 18, 2023
Closed on
Sep 8, 2023
Sold by
Caserta Francesco and Caserta Alison V
Bought by
Butler Antoine Duane and Butler Dionne
Seller's Agent
Nata Bozymski
Inhabit Real Estate
Buyer's Agent
Errin Humbert
Park Real Estate Management
List Price
$535,000
Sold Price
$535,000
Views
109

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.42%
Original Mortgage
$360,000
Interest Rate
6.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 28, 2019
Sold by
Hemmersbach Miller Scott Christopher and Hemmersbach Miller Marion
Bought by
Caserta Alison V and Caserta Francesco

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$331,000
Interest Rate
4.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 11, 2016
Sold by
Rustica Nc Llc
Bought by
Hemmersbach Mil Scott Chris and Hemmersbach Mil Marion
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
Maluhia Living Trust -- None Listed On Document
Butler Antoine Duane -- None Listed On Document
Caserta Alison V $331,000 None Available
Hemmersbach Mil Scott Chris $285,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Butler Antoine Duane $360,000
Previous Owner Caserta Alison V $331,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2023 09/15/23 Sold $535,000 0.0% $195 / Sq Ft
08/20/2023 08/20/23 Pending -- -- --
08/18/2023 08/18/23 For Sale $535,000 -- $195 / 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 $5,074 $511,864 $87,000 $424,864
2024 $4,473 $320,657 $57,850 $262,807
2023 $4,200 $320,657 $57,850 $262,807
2022 $4,104 $320,657 $57,850 $262,807
2021 $4,085 $320,657 $57,850 $262,807
2020 $3,989 $320,657 $57,850 $262,807
2019 $3,989 $320,657 $57,850 $262,807
2018 $2,777 $204,721 $40,495 $164,226
2017 $2,757 $204,721 $40,495 $164,226
2016 $527 $40,495 $40,495 $0
2015 $622 $44,904 $44,904 $0
Source: Public Records

Agents Affiliated with this Home

  • Nata Bozymski

    Seller's Agent in 2023

    Nata Bozymski

    Inhabit Real Estate

    (919) 593-0554

    124 Total Sales

    Nata Bozymski
    Section Image
  • Errin Humbert

    Buyer's Agent in 2023

    Errin Humbert

    Park Real Estate Management

    (919) 236-9551

    9 Total Sales

    Errin Humbert
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2527711

Doorify MLS

APN: 215950

North Carolina Durham County Durham 27703

2483 Magnolia Tree Ln, Durham, NC

This home is located at 2483 Magnolia Tree Ln, Durham, NC 27703 since 18 August 2023 and is currently estimated at $530,347, approximately $192 per square foot. This property was built in 2016. 2483 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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