NOT LISTED FOR SALE

2501 Magnolia Tree Ln Durham, NC 27703

Estimated Value: $501,000 - $559,000

4 Beds
3 Baths
2,700 Sq Ft
$197/Sq Ft Est. Value

About This Home

This home is located at 2501 Magnolia Tree Ln, Durham, NC 27703 and is currently estimated at $531,771, approximately $196 per square foot. 2501 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 2, 2018
Sold by
Villani Eric Nicholas and Villani Cynthia Lynn
Bought by
Xiao Honglin and Wang Zhi
Current Estimated Value
$531,771

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,375
Outstanding Balance
$130,704
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$401,067

Purchase Details

Closed on
Sep 30, 2015
Sold by
Rustica Nc Llc
Bought by
Villani Eric and Villani Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

Collateral Analytics

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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

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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
Xiao Honglin $300,500 None Available
Villani Eric $257,500 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Xiao Honglin $215,375
Previous Owner Villani Eric $240,000
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 $4,973 $501,702 $87,000 $414,702
2024 $4,394 $315,030 $58,050 $256,980
2023 $4,127 $315,030 $58,050 $256,980
2022 $4,032 $315,030 $58,050 $256,980
2021 $4,013 $315,030 $58,050 $256,980
2020 $3,919 $315,030 $58,050 $256,980
2019 $3,919 $315,030 $58,050 $256,980
2018 $3,515 $259,151 $40,635 $218,516
2017 $3,489 $259,151 $40,635 $218,516
2016 $3,372 $259,151 $40,635 $218,516
2015 $627 $45,323 $45,323 $0
2014 $627 $45,323 $45,323 $0
Source: Public Records

Map

North Carolina Durham County Durham 27703

2501 Magnolia Tree Ln, Durham, NC

This home is located at 2501 Magnolia Tree Ln, Durham, NC 27703 and is currently estimated at $531,771, approximately $196 per square foot. 2501 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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