$471,000 - $488,000
RENTED MAY 19, 2025

2509 Magnolia Tree Ln Durham, NC 27703

3 Beds
2.5 Baths
2,174 Sq Ft
$220 Price per Sq Ft

Highlights

  • Wood Flooring
  • No HOA
  • 2 Car Attached Garage
  • Granite Countertops
  • Fireplace
  • Walk-In Closet

About This Home

As of May 2025

COMING SOON ! Sunny & lovely 4 B/2.5 bath home mins to RTP and DT Durham * Fabulous cook's kitchen * Breakfast nook *Hardwood floors downstairs*Carpeted bedrooms upstairs*Screened back porch *Fenced back yard with patio * Private lot backing to lush green space *Walk-in closets *2 car garage*Washer/dryer * PETS ALLOWED with 1 time fee. Professionally managed/maintained *JULY move-in.

Last Agent to Rent the Property

Christy Kimbro

CREC Properties, LLC License #224944 Listed on: 04/30/2025

CREC Properties, LLC

Last Renter's Agent

Christy Kimbro

CREC Properties, LLC License #224944 Listed on: 04/30/2025

CREC Properties, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,447

Year Built

  • Built in 2016

Lot Details

  • 5,663

Parking

  • 2 Car Attached Garage
  • Private Driveway

Interior Spaces

  • 2,174 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Laundry in unit
  • Basement

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Schools

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

Additional Features

  • 5,663 Sq Ft Lot
  • Central Air

Community Details

  • No Home Owners Association
  • Rustica Oaks Subdivision
  • Park Phone (919) 619-7347

Listing and Financial Details

  • Security Deposit $2,500
  • Property Available on 7/1/25
  • The owner pays for association fees, trash collection
  • 12 Month Lease Term

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,447

Year Built

Built in 2016

Lot Details

0

Parking

2

Rental Info

  • Lease Term: 12 Months
  • Owner Pays: Association Fees, Trash Collection
  • Available Date: 2025-07-01

Listing Details

  • Year Built: 2016
  • Prop. Type: Residential Lease
  • Subdivision Name: Rustica Oaks
  • Above Grade Finished Sq Ft: 2174.0
  • New Construction: No
  • General Property Information Above Grade Unfinished Area: 125.0
  • General Property Information Total Unfinished Area2: 125.0
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Flooring Carpet: Yes
  • Appliances Refrigerators: Yes
  • Flooring Wood: Yes
  • General Property Information Enhanced Accessible2: No
  • Contract Information Lease Term: 12 Months
  • Contract Information Availability Date: 2025-07-01
  • Contract Information Security Deposit2: 2500.0
  • General Property Information Above Grade Finished Area: 2174.0
  • Contract Information ManagerOwner Phone: 919 619-7347
  • General Property Information Lot Size Square Feet2: 5663.0
  • General Property Information Lot Size Acres: 0.13
  • General Property Information Stories2: 2
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Granite Counters, Kitchen Island, Walk-In Closet(s)
  • Appliances: Dishwasher, Electric Range, Microwave, Range, Refrigerator
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Main Level Bathrooms: 1
  • Total Bedrooms: 8
  • Stories: 2
  • Appliances Dishwasher: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Electric Range: Yes
  • Appliances Range: Yes
  • Interior Features:Kitchen Island: Yes
  • Laundry Features:In Unit: Yes

Exterior Features

  • Acres: 0.13

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Open Parking: No
  • Parking Features: Driveway
  • Parking Features:Driveway: Yes
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • General Property Information:Attached Garage YN: Yes
  • General Property Information:Open Parking YN2: No

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes

Condo/Co-op/Association

  • HOA Rent Includes: Trash Collection
  • Association: No

Association/Amenities

  • Owner Pays:Association Fees: Yes
  • General Property Information:Association YN: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 5663.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Durham - Harris

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 10, 2016
Sold by
Rustica Nc Llc
Bought by
Johnson Matthew and Rodriguez Isabel
Current Estimated Value
$478,838

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,607
Outstanding Balance
$153,722
Interest Rate
3.58%
Mortgage Type
New Conventional
Estimated Equity
$325,116

Purchase Details

Closed on
Jul 12, 2013
Sold by
Rustica Oaks Developments Llc
Bought by
Rustica Nc Llc
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
Johnson Matthew $242,500 --
Rustica Nc Llc $520,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Matthew $193,607
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/19/2025 05/19/25 Rented $2,500 0.0% --
05/16/2025 05/16/25 Under Contract -- -- --
04/30/2025 04/30/25 For Rent $2,500 -- --
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 $4,447 $448,635 $84,750 $363,885
2024 $3,747 $268,652 $56,600 $212,052
2023 $3,519 $268,652 $56,600 $212,052
2022 $3,438 $268,652 $56,600 $212,052
2021 $3,422 $268,652 $56,600 $212,052
2020 $3,342 $268,652 $56,600 $212,052
2019 $3,342 $268,652 $56,600 $212,052
2018 $3,001 $221,265 $39,620 $181,645
2017 $2,979 $316,265 $39,620 $276,645
2016 $516 $39,620 $39,620 $0
2015 $581 $42,006 $42,006 $0
2014 $581 $42,006 $42,006 $0
Source: Public Records

Agents Affiliated with this Home

  • Christy Kimbro

    Landlord's Agent in 2025

    Christy Kimbro

    CREC Properties, LLC

    (919) 619-7347

    71 Total Sales

    Christy Kimbro
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Map

Source: Doorify MLS

MLS Number: 10092255

Doorify MLS

APN: 214425

North Carolina Durham County Durham 27703

2509 Magnolia Tree Ln, Durham, NC

This home is located at 2509 Magnolia Tree Ln, Durham, NC 27703 since 30 April 2025 and is currently priced at $478,838. This property was built in 2016. 2509 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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