NOT LISTED FOR SALE

2801 Magnolia Tree Ln Durham, NC 27703

Estimated Value: $478,000 - $507,000

3 Beds
3 Baths
2,712 Sq Ft
$181/Sq Ft Est. Value

About This Home

This home is located at 2801 Magnolia Tree Ln, Durham, NC 27703 and is currently estimated at $489,674, approximately $180 per square foot. 2801 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 2, 2014
Sold by
Sills Lyle and Askew Rachel
Bought by
Banks Daimeon and Banks Lachaun
Current Estimated Value
$489,674

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,000
Outstanding Balance
$167,357
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$317,105

Purchase Details

Closed on
Feb 26, 2009
Sold by
Beazer Homes Corp
Bought by
Sills Lyle and Askew Rachel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,834
Interest Rate
5.15%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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
Banks Daimeon $220,000 None Available
Sills Lyle $230,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Banks Lachaun $38,000
Open Banks Daimeon $214,000
Previous Owner Sills Lyle $225,834
Source: Public Records

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 $3,832 $274,750 $48,917 $225,833
2023 $3,599 $274,750 $48,917 $225,833
2022 $3,517 $274,750 $48,917 $225,833
2021 $3,500 $274,750 $48,917 $225,833
2020 $3,418 $274,750 $48,917 $225,833
2019 $3,418 $274,750 $48,917 $225,833
2018 $3,483 $256,729 $40,285 $216,444
2017 $3,457 $256,729 $40,285 $216,444
2016 $3,340 $256,729 $40,285 $216,444
2015 $2,853 $206,092 $45,316 $160,776
2014 $2,853 $206,092 $45,316 $160,776
Source: Public Records

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