2518 Magnolia Tree Ln Durham, NC 27703
4
Beds
2.5
Baths
2,488
Sq Ft
5,227
Sq Ft Lot
Highlights
- Transitional Architecture
- High Ceiling
- Neighborhood Views
- Loft
- Granite Countertops
- Screened Porch
About This Home
As of April 2025Welcome to this lovely 4-bedroom home with beautiful stone detailing, located in desirable Rustica Oaks. As you step inside, the foyer leads to an open & inviting family room featuring a gas fireplace. ALL NEW LVP & CARPET! The bright and airy kitchen boasts SS appliances including refrig, granite, warm cabinetry, pantry and breakfast bar with beadboard accents. The dining room is enhanced by a coffered ceiling. An iron railing accents the staircase and the 2nd-floor loft/bonus overlooking the foyer. Spacious primary bedroom with tray ceiling and dual walk-in closets plus en-suite bathroom w/dual sinks, a sep shower & garden tub. 3 addl 2nd floor BRs and a full bath with dual sinks. Convenient 2nd floor laundry room. The first floor includes a private office and an interior drop-off station by the 2-car garage. Enjoy the relaxing screened porch with a ceiling fan. NEW HVAC system (2023). Home is wired for google fiber and makes having a home office easy. The neighborhood offers a pool and 2 newly equipped playgrounds plus easy access to RTP, shopping, and dining
Last Agent to Sell the Property
Keller Williams Legacy License #158457 Listed on: 02/13/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,028
Year Built
- Built in 2016
Lot Details
- 5,227 Sq Ft Lot
- Landscaped
- Back and Front Yard
HOA Fees
- $60 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Front Facing Garage
- Garage Door Opener
- Private Driveway
- 2 Open Parking Spaces
Home Design
- Transitional Architecture
- Traditional Architecture
- Slab Foundation
- Shingle Roof
- Vinyl Siding
- Stone Veneer
Interior Spaces
- 2,488 Sq Ft Home
- 2-Story Property
- Built-In Features
- Bookcases
- Crown Molding
- Coffered Ceiling
- Tray Ceiling
- High Ceiling
- Ceiling Fan
- Recessed Lighting
- Chandelier
- Gas Log Fireplace
- Entrance Foyer
- Living Room with Fireplace
- Dining Room
- Loft
- Screened Porch
- Neighborhood Views
- Pull Down Stairs to Attic
Kitchen
- Gas Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Granite Countertops
Flooring
- Carpet
- Luxury Vinyl Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
- Double Vanity
- Soaking Tub
- Walk-in Shower
Laundry
- Laundry Room
- Laundry on upper level
Outdoor Features
- Rain Gutters
Schools
- Harris Elementary School
- Shepard Middle School
- Hillside High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Natural Gas Connected
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 214438
Community Details
Overview
- Association fees include storm water maintenance
- Rustica Oaks HOA Towne Property Mgmt Association, Phone Number (919) 878-8787
- Rustica Oaks Subdivision
Recreation
- Community Playground
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 13, 2025
Closed on
Mar 17, 2025
Sold by
Barth Laura J and Barth John M
Bought by
Branning Sarah Alexandra and Branning Eric William
Seller's Agent
Karen Coe
Keller Williams Legacy
Buyer's Agent
Eila Voloshen
Inhabit Real Estate
List Price
$489,500
Sold Price
$515,000
Premium/Discount to List
$25,500
5.21%
Views
6
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.90%
Original Mortgage
$443,500
Outstanding Balance
$443,127
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$67,178
Purchase Details
Closed on
Jun 1, 2018
Sold by
Nagaro Kristin J and Shah Sachin J
Bought by
Barth John M and Barth Laura J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,700
Interest Rate
4.4%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 19, 2015
Sold by
Mungo Homes Of North Carolina
Bought by
Nagaro Kristin J and Shah Sachin J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,361
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Jun 26, 2014
Sold by
Rustica Oaks Develpoment Llc
Bought by
Mungo Homes Of Nc Inc
Similar Homes in Durham, NC
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $515,000 | None Listed On Document | |
| Warranty Deed | $293,000 | None Available | |
| Warranty Deed | $246,000 | None Available | |
| Warranty Deed | $328,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $443,500 | New Conventional | |
| Previous Owner | $263,700 | New Conventional | |
| Previous Owner | $233,361 | Adjustable Rate Mortgage/ARM |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/01/2025 04/01/25 | Sold | $515,000 | +5.2% | $207 / Sq Ft |
| 02/19/2025 02/19/25 | Pending | -- | -- | -- |
| 02/13/2025 02/13/25 | For Sale | $489,500 | -- | $197 / Sq Ft |
Source: Doorify MLS
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 |
|---|---|---|---|---|
| 2024 | $4,028 | $288,756 | $56,050 | $232,706 |
| 2023 | $3,782 | $288,756 | $56,050 | $232,706 |
| 2022 | $3,696 | $288,756 | $56,050 | $232,706 |
| 2021 | $3,678 | $288,756 | $56,050 | $232,706 |
| 2020 | $3,592 | $288,756 | $56,050 | $232,706 |
| 2019 | $3,592 | $288,756 | $56,050 | $232,706 |
| 2018 | $3,296 | $243,011 | $39,235 | $203,776 |
| 2017 | $3,272 | $243,011 | $39,235 | $203,776 |
| 2016 | $3,162 | $243,011 | $39,235 | $203,776 |
| 2015 | $561 | $40,522 | $40,522 | $0 |
| 2014 | -- | $40,522 | $40,522 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Karen Coe
Seller's Agent in 2025
Karen Coe
Keller Williams Legacy
(919) 439-2105
441 Total Sales
-
Eila Voloshen
Buyer's Agent in 2025
Eila Voloshen
Inhabit Real Estate
(917) 855-3009
93 Total Sales
Map
Source: Doorify MLS
MLS Number: 10076400
APN: 214438
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