2615 Magnolia Tree Ln Durham, NC 27703
Estimated Value: $408,000 - $473,000
3
Beds
2.5
Baths
1,964
Sq Ft
$225/Sq Ft
Est. Value
Highlights
- Clubhouse
- Transitional Architecture
- Granite Countertops
- Deck
- Wood Flooring
- Community Pool
About This Home
As of July 2022READY! SET! RELAX with this Rustica Oaks champ! With an upgraded open concept Kitchen that seamlessly joins the Living & Dining spaces, you may never want to go upstairs. Actually the upstairs is equally awesome & the Loft can easily double as an office for the adults or play space for the kiddos. Need a 2-car garage? A Deck for morning coffee? A gas range & tankless water heater? Yep! Also, no laundry shoot needed as the W/D is upstairs & ready to get to work as you lounge poolside w/your neighbor pals!
Last Agent to Sell the Property
Nest Realty of the Triangle License #293670 Listed on: 05/27/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,149
Year Built
- Built in 2014
Lot Details
- 5,009 Sq Ft Lot
- Lot Dimensions are 57 x 88
HOA Fees
- $61 Monthly HOA Fees
Parking
- 2 Car Garage
- Garage Door Opener
- Private Driveway
Home Design
- Transitional Architecture
- Slab Foundation
- Vinyl Siding
Interior Spaces
- 1,964 Sq Ft Home
- 2-Story Property
- Tray Ceiling
- Smooth Ceilings
- Gas Log Fireplace
- Entrance Foyer
- Family Room with Fireplace
- Combination Dining and Living Room
- Breakfast Room
- Utility Room
Kitchen
- Eat-In Kitchen
- Gas Range
- Microwave
- Granite Countertops
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
- Double Vanity
- Separate Shower in Primary Bathroom
Laundry
- Laundry Room
- Laundry on upper level
- Dryer
- Washer
Outdoor Features
- Deck
- Porch
Schools
- Bethesda Elementary School
- Lowes Grove Middle School
- Hillside High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Tankless Water Heater
Community Details
Overview
- Towne Properties Association
- Rustica Oaks Subdivision
Amenities
- Clubhouse
Recreation
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 27, 2022
Closed on
Jul 5, 2022
Sold by
Rivera and Emily
Bought by
Evans Amy E
Seller's Agent
Reade Ackner
Nest Realty of the Triangle
Buyer's Agent
Liz Dean
Inhabit Real Estate
List Price
$449,000
Sold Price
$440,000
Premium/Discount to List
-$9,000
-2%
Total Days on Market
12
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,999
Avg. Annual Appreciation
0.47%
Original Mortgage
$374,000
Outstanding Balance
$358,408
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$87,565
Purchase Details
Closed on
Nov 5, 2020
Sold by
Dupont Kevin and Dupont Mandy
Bought by
Riven Jason and Riven Emily
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,500
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 29, 2015
Sold by
Mungo Homes Of North Carolina Inc
Bought by
Dupont Kevin Randall
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,257
Interest Rate
3.87%
Mortgage Type
VA
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Evans Amy E | $440,000 | W Richard Jamison Pllc | |
| Riven Jason | $305,000 | None Available | |
| Dupont Kevin Randall | $198,000 | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Evans Amy E | $374,000 | |
| Previous Owner | Riven Jason | $274,500 | |
| Previous Owner | Dupont Kevin Randall | $202,257 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/14/2023 12/14/23 | Off Market | $440,000 | -- | -- |
| 07/08/2022 07/08/22 | Sold | $440,000 | -2.0% | $224 / Sq Ft |
| 06/07/2022 06/07/22 | Pending | -- | -- | -- |
| 05/26/2022 05/26/22 | For Sale | $449,000 | -- | $229 / 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 | $3,467 | $248,520 | $55,750 | $192,770 |
| 2023 | $3,255 | $248,520 | $55,750 | $192,770 |
| 2022 | $3,156 | $246,573 | $55,750 | $190,823 |
| 2021 | $3,141 | $246,573 | $55,750 | $190,823 |
| 2020 | $3,067 | $246,573 | $55,750 | $190,823 |
| 2019 | $3,067 | $246,573 | $55,750 | $190,823 |
| 2018 | $2,404 | $177,236 | $39,025 | $138,211 |
| 2017 | $2,386 | $177,236 | $39,025 | $138,211 |
| 2016 | $2,306 | $177,236 | $39,025 | $138,211 |
| 2015 | $2,105 | $152,055 | $39,632 | $112,423 |
| 2014 | $549 | $39,632 | $39,632 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Reade Ackner
Seller's Agent in 2022
Reade Ackner
Nest Realty of the Triangle
(919) 619-1099
103 Total Sales
-
Liz Dean
Buyer's Agent in 2022
Liz Dean
Inhabit Real Estate
(919) 451-3696
143 Total Sales
Map
Source: Doorify MLS
MLS Number: 2451568
APN: 214412
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