2505 Magnolia Tree Ln Durham, NC 27703
Estimated Value: $467,904 - $507,000
3
Beds
3
Baths
2,309
Sq Ft
$212/Sq Ft
Est. Value
About This Home
This home is located at 2505 Magnolia Tree Ln, Durham, NC 27703 and is currently estimated at $489,476, approximately $211 per square foot. 2505 Magnolia Tree Ln is a home 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 22, 2015
Sold by
Rustica Nc Llc
Bought by
Liang Ping and Yang Songfang
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,500
Outstanding Balance
$132,992
Interest Rate
4.04%
Mortgage Type
New Conventional
Estimated Equity
$356,484
Purchase Details
Closed on
Jul 7, 2014
Sold by
Rustica Oaks Developments Llc
Bought by
Rustica Nc Llc
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Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Liang Ping | $226,000 | Attorney | |
Rustica Nc Llc | $312,000 | None Available |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Liang Ping | $169,500 |
Source: Public Records
Tax History Compared to Growth
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 | $4,505 | $454,440 | $87,750 | $366,690 |
2024 | $3,846 | $275,707 | $58,250 | $217,457 |
2023 | $3,611 | $275,707 | $58,250 | $217,457 |
2022 | $3,529 | $275,707 | $58,250 | $217,457 |
2021 | $3,512 | $275,707 | $58,250 | $217,457 |
2020 | $3,430 | $275,707 | $58,250 | $217,457 |
2019 | $3,430 | $275,707 | $58,250 | $217,457 |
2018 | $3,083 | $227,274 | $40,775 | $186,499 |
2017 | $3,060 | $227,274 | $40,775 | $186,499 |
2016 | $2,957 | $227,274 | $40,775 | $186,499 |
2015 | $633 | $45,742 | $45,742 | $0 |
2014 | $633 | $45,742 | $45,742 | $0 |
Source: Public Records
Map
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