$515,000
SOLD APR 1, 2025

2518 Magnolia Tree Ln Durham, NC 27703

4 Beds
2.5 Baths
2,488 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$207 Per Sq Ft

5% Above List Price

6 Days on Market

Highlights

  • Transitional Architecture
  • High Ceiling
  • Neighborhood Views
  • Loft
  • Granite Countertops
  • Screened Porch

About This Home

As of April 2025

Welcome 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

Karen Coe

Keller Williams Legacy License #158457 Listed on: 02/13/2025

Keller Williams Legacy

Last Buyer's Agent

Eila Voloshen

Inhabit Real Estate License #285803

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,028

Year Built

Built in 2016

Lot Details

0

HOA Fees

$60 per month

Parking

2

Listing Details

  • Year Built: 2016
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Reso Association Fee Includes: Storm Water Maintenance
  • Subdivision Name: Rustica Oaks
  • Above Grade Finished Sq Ft: 2488.0
  • Architectural Style: Traditional, Transitional
  • Garage Yn: Yes
  • Unit Levels: Two
  • 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
  • Attic Features Pull-Down Stairs: Yes
  • Cooling Central Air: Yes
  • Flooring Luxury Vinyl: Yes
  • Foundation Details Slab: Yes
  • Laundry Features Laundry Room: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Levels Two: Yes
  • Room Types Bedroom 2 Level: Second
  • Room Types Bedroom 3 Level: Second
  • Room Types Bedroom 4 Level: Second
  • Room Types Dining Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: Second
  • Laundry Features Upper Level: Yes
  • Room Types Loft: Yes
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • General Property Information Association Phone: 919-878-8787
  • General Property Information Enhanced Accessible2: No
  • General Property Information Monthly Association Fees2: 60.0
  • Roof:Shingle: Yes
  • Utilities Water Connected: Yes
  • Room Types Entrance Hall: Yes
  • General Property Information Above Grade Finished Area: 2488.0
  • Utilities Electricity Connected: Yes
  • Utilities Sewer Connected: Yes
  • Room Types Laundry2: Yes
  • View Neighborhood4: Yes
  • Utilities Natural Gas Connected: Yes
  • General Property Information Lot Size Square Feet2: 5227.0
  • General Property Information Lot Size Acres: 0.12
  • General Property Information Stories2: 2
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Flooring: Carpet, Luxury Vinyl
  • Interior Amenities: Bookcases, Built-in Features, Ceiling Fan(s), Chandelier, Coffered Ceiling(s), Crown Molding, Double Vanity, Entrance Foyer, Granite Counters, High Ceilings, Pantry, Recessed Lighting, Soaking Tub, Tray Ceiling(s), Walk-In Closet(s), Walk-In Shower
  • Appliances: Dishwasher, Electric Water Heater, Gas Range, Microwave, Range, Refrigerator, Stainless Steel Appliance(s)
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Living Room
  • Fireplaces: 1
  • Total Bedrooms: 10
  • Stories: 2
  • Appliances Dishwasher: Yes
  • Community Features:Playground2: Yes
  • Community Features:Pool2: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Community Features:Street Lights: Yes
  • Interior Features:Tray Ceiling(s): Yes
  • Appliances:Electric Water Heater: Yes
  • Fireplace Features:Gas Log: Yes
  • Interior Features:Soaking Tub: Yes
  • Fireplace Features:Living Room: Yes
  • Interior Features:Bookcases: Yes
  • Interior Features:Coffered Ceiling(s): Yes
  • Appliances:Gas Range: Yes
  • Appliances Range: Yes
  • Appliances:Stainless Steel Appliance(s): Yes
  • Fireplace Features:Fireplaces Total: 1
  • Community Features:Curbs: Yes
  • Interior Features:Crown Molding: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Recessed Lighting: Yes
  • Pool Features:Community: Yes
  • Interior Features:Chandelier: Yes

Exterior Features

  • Roof: Shingle
  • Exterior Features: Rain Gutters
  • Acres: 0.12
  • Disclosures: Seller Disclosure
  • Construction Type: Stone Veneer, Vinyl Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Rear Porch, Screened
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Landscaped: Yes
  • Patio And Porch Features:Screened: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Construction Materials:Stone Veneer: Yes
  • Lot Features:Back Yard2: Yes
  • Lot Features:Front Yard2: Yes
  • Patio And Porch Features:Rear 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 Door Opener, Garage Faces Front
  • Total Parking Spaces: 4.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: 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

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Electric, Forced Air, Natural Gas
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Curbs, Playground, Pool, Street Lights
  • Association Fee: 60.0
  • Association Fee Frequency: Monthly
  • Association Name: Rustica Oaks HOA - Towne Property Mgmt
  • Phone: 919-878-8787
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Rustica Oaks HOA - Towne Property Mgmt
  • Association Amenities:Pool: Yes
  • Association Amenities:Playground: Yes
  • 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 #: 214438
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4027.86
  • Tax Year: 2024

MLS Schools

  • Elementary School: Durham - Harris

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 26, 2025
Sold by
Branning Eric William and Branning Sarah Alexandra
Bought by
Eric William Branning Revocable Trust and Sarah Alexandra Branning Revocable Trust
Current Estimated Value
$510,305

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
-2.51%
Original Mortgage
$443,500
Interest Rate
6.87%
Mortgage Type
New Conventional

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
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
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
Previous Owner $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

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 $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

    447 Total Sales

    Section Image
  • Eila Voloshen

    Buyer's Agent in 2025

    Eila Voloshen

    Inhabit Real Estate

    (917) 855-3009

    77 Total Sales

    Section Image
See All Agents

Map

Source: Doorify MLS

MLS Number: 10076400

Doorify MLS

APN: 214438

North Carolina Durham County Durham 27703

2518 Magnolia Tree Ln, Durham, NC

This home is located at 2518 Magnolia Tree Ln, Durham, NC 27703 and is currently priced at $515,000, approximately $206 per square foot. This property was built in 2016. 2518 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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