$470,000
$10K PRICE DROP

2513 Magnolia Tree Ln Durham, NC 27703

Estimated payment $2,964/month

Total Views 3,168
3 Beds
2.5 Baths
2,255 Sq Ft
$208 Price per Sq Ft

Highlights

  • Open Floorplan
  • 1 Fireplace
  • Stainless Steel Appliances
  • Transitional Architecture
  • Granite Countertops
  • Front Porch

About This Home

Welcome to this stunning home in the highly desirable Rustica Oaks community! Step inside to find NEW luxury vinyl plank (LVP) flooring throughout both the main and second floors (2022). The open-concept kitchen boasts white cabinetry, granite countertops, stainless steel appliances, a stylish backsplash, and a large pantry with custom shelving by Closets by Design. NEW upgraded Samsung Stove/oven 2021. The spacious living room features a cozy gas fireplace and flows into the dining area—perfect for entertaining. Step outside to enjoy a private, fenced backyard that backs up to mature trees for exceptional privacy. You'll love the EXTENDED concrete patio for outdoor grilling or relaxing, and the raised garden beds that convey are perfect for those with a green thumb!Upstairs, the LVP flooring continues throughout, including the large primary suite (20x15), which offers a walk-in closet and a spa-like ensuite with granite countertops, an oversized shower, and a separate soaking tub. Two additional bedrooms, a full hallway bath, a LOFT, and a laundry room complete the second level. Need more space? The third-floor finished BONUS ROOM is ideal for a home office, gym, media room, or game room—endless possibilities! And here's the cherry on top: Energy Saving SOLAR PANEL installed in 2021 and fully paid for, slashing your electric bills to as low as $16.23/month (state minimum). Plus, enjoy peace of mind with a brand-new HVAC system installed in 2024, and with a 10-year warranty! Washer and Dyer included! All of this in an unbeatable location—just minutes from RTP, Brier Creek, downtown Durham, and with easy access to major highways, shopping, and dining. This house is a true gem and has been lovingly maintained and upgraded by its current owner. Don't miss your chance to own this exceptional home!

Listing Agent

Laurene Sieli

Redfin Corporation License #293259 Listed on: 05/08/2025

Redfin Corporation

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,420

Year Built

  • Built in 2016

HOA Fees

  • $60 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Private Driveway
  • 2 Open Parking Spaces

Home Design

  • Transitional Architecture
  • Permanent Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,255 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Smooth Ceilings
  • Ceiling Fan
  • 1 Fireplace

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops

Flooring

  • Carpet
  • Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Double Vanity
  • Separate Shower in Primary Bathroom
  • Soaking Tub
  • Walk-in Shower

Laundry

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

Outdoor Features

  • Patio
  • Front Porch

Schools

  • Harris Elementary School
  • Shepard Middle School
  • Hillside High School

Additional Features

  • 5,227 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

  • Towne Association, Phone Number (984) 220-8698
  • Rustica Oaks Subdivision

Listing and Financial Details

  • Assessor Parcel Number 214423

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,420

Year Built

Built in 2016

Lot Details

0

HOA Fees

$60 per month

Parking

2

Listing Details

  • Year Built: 2016
  • Prop. Type: Residential
  • Reso Association Fee Includes: None
  • Subdivision Name: Rustica Oaks
  • Above Grade Finished Sq Ft: 2255.0
  • Architectural Style: Transitional
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • 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
  • Cooling Central Air: Yes
  • Flooring Luxury Vinyl: Yes
  • Flooring Tile: Yes
  • Laundry Features Laundry Room: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Interior Features Separate Shower: Yes
  • Interior Features Smooth Ceilings: Yes
  • Room Types Primary Bedroom Level: Second
  • Laundry Features Upper Level: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • General Property Information Association Phone: 984-220-8698
  • Levels Three Or More: Yes
  • General Property Information Enhanced Accessible2: No
  • General Property Information Monthly Association Fees2: 60.0
  • Roof:Shingle: Yes
  • General Property Information Above Grade Finished Area: 2255.0
  • Foundation Details Permanent: Yes
  • General Property Information Lot Size Square Feet2: 5227.0
  • General Property Information Lot Size Acres: 0.12
  • General Property Information Stories2: 3
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Flooring: Carpet, Luxury Vinyl, Tile
  • Interior Amenities: Ceiling Fan(s), Double Vanity, Granite Counters, Open Floorplan, Pantry, Separate Shower, Smooth Ceilings, Soaking Tub, Walk-In Closet(s), Walk-In Shower
  • Appliances: Dishwasher, Dryer, Gas Range, Microwave, Stainless Steel Appliance(s), Washer
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Total Bedrooms: 7
  • Stories: 3
  • Appliances Dishwasher: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Interior Features:Soaking Tub: Yes
  • Appliances:Gas Range: Yes
  • Appliances:Stainless Steel Appliance(s): Yes
  • Fireplace Features:Fireplaces Total: 1
  • Interior Features:Open Floorplan: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.12
  • Construction Type: Vinyl Siding
  • Foundation Details: Permanent
  • Patio And Porch Features: Front Porch, Patio
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Front Porch: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Open Parking: Yes
  • Parking Features: Attached, Concrete, Driveway, Garage, Garage Faces Front
  • Total Parking Spaces: 4.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage Faces Front: Yes
  • General Property Information:Garage Spaces: 2.0
  • General Property Information:Attached Garage YN: Yes
  • General Property Information:Parking Total: 4.0
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 2.0

Utilities

  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association Fee: 60.0
  • Association Fee Frequency: Monthly
  • Association Name: Towne
  • Phone: 984-220-8698
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Towne
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 60.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

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

Lot Info

  • Lot Size Sq Ft: 5227.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 214423

Tax Info

  • Tax Annual Amount: 3419.61
  • Tax Year: 2024
  • Tax Map Number: 035

MLS Schools

  • Elementary School: Durham - Harris

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2024 $3,420 $245,151 $56,050 $189,101
2023 $3,211 $245,151 $56,050 $189,101
2022 $3,138 $245,151 $56,050 $189,101
2021 $3,123 $245,151 $56,050 $189,101
2020 $3,049 $245,151 $56,050 $189,101
2019 $3,049 $245,151 $56,050 $189,101
2018 $2,762 $203,619 $39,235 $164,384
2017 $2,742 $203,619 $39,235 $164,384
2016 $510 $39,235 $39,235 $0
2015 $561 $40,522 $40,522 $0
2014 $561 $40,522 $40,522 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2025 05/31/25 Price Changed $470,000 -2.1% $208 / Sq Ft
05/08/2025 05/08/25 For Sale $480,000 -- $213 / Sq Ft
Source: Doorify MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $227,500 Attorney
Warranty Deed $328,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $260,359 New Conventional
Closed $173,623 New Conventional
Closed $181,741 New Conventional
Source: Public Records

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Source: Doorify MLS

MLS Number: 10094581

Doorify MLS

APN: 214423