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
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
Create a Home Valuation Report for This Property
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 |
---|---|---|---|
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
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
Map
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