NOT LISTED FOR SALE

4007 Magna Ln Indian Trail, NC 28079

Estimated Value: $481,788 - $541,000

5 Beds
3 Baths
2,793 Sq Ft
$182/Sq Ft Est. Value

Last Sold August 17, 2022

Last sale price $480,000 $172 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,064/month

28 Days on Market

Highlights

  • Great Room with Fireplace
  • Transitional Architecture
  • Community Pool
  • Sun Valley Elementary School Rated A-
  • Wood Flooring
  • Tennis Courts

About This Home

As of August 2022

This is a BEAUTIFUL home! You will love the floor plan and all of the extra living space. There are 5 bedrooms and 3 bathrooms, perfect for anyone who needs extra room. The location is great too, in the desirable Taylor Glenn community. The adorable front porch welcomes you into this beautiful home. Inside, you will find a sunny dining room on the front of the house leading to the lovely kitchen, with updated appliances and backsplash, opening into the great room and breakfast area. Beautiful crown molding! The bright sunroom in the back is great for relaxing or entertaining guests.
The first floor bedroom is perfect for an office or guest room, and has updated floors. The first floor full bath has been updated with flooring, vanity and paint. Upstairs has newer carpet and 4 bedrooms including a spacious primary bed and bath. The backyard has a nice size paver patio and a new shed - perfect for outdoor entertaining. Don't miss this one!

Last Agent to Sell the Property

Karen Clark

COMPASS License #297730 Listed on: 06/16/2022

COMPASS

Last Buyer's Agent

Kristy Kyle

Call It Closed International Inc License #308755

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,563

Year Built

  • Built in 2005

Lot Details

  • 7,841

HOA Fees

  • $74 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Transitional Architecture
  • Slab Foundation
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • Ceiling Fan
  • Great Room with Fireplace

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Garden Bath

Schools

  • Shiloh Elementary School
  • Sun Valley Middle School
  • Sun Valley High School

Utilities

  • Central Heating
  • Gas Water Heater

Additional Features

  • Shed
  • Zoning described as R20

Listing and Financial Details

  • Assessor Parcel Number 07-096-511

Community Details

Overview

  • Baesael Association, Phone Number (704) 847-3507
  • Taylor Glenn Subdivision
  • Mandatory home owners association

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,563

Year Built

Built in 2005

Lot Details

0

HOA Fees

$74 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Transitional
  • Year Built: 2005
  • Ratio Current Price By Acre: 2666666.67
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Concrete
  • Structure Type: Two Story
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 171.86
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Slab
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Garden Tub, Walk-In Closet(s)
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1369
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 1424
  • Porch: Covered,Front
  • Appliances: Cable Prewire, Ceiling Fan(s), Dishwasher, Electric Oven, Electric Range, Plumbed For Ice Maker, Microwave
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Gas Log, Great Room
  • Living Area: 2793
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Half Bathrooms: 0
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Half Bathrooms: 0

Exterior Features

  • Exterior Features: Shed(s)
  • New Construction: No
  • Roof: Shingle
  • Construction Status: Complete
  • Tax Location: Union
  • Construction Type: Site Built
  • Construction Type: Stone, Vinyl Siding

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 408
  • Parking Features: Attached Garage, Garage - 2 Car

Utilities

  • Heating: Central, Gas Hot Air Furnace
  • Sewer: County Sewer
  • Water Heater: Gas
  • Laundry Features: Upper Level
  • Water Source: County Water

Condo/Co-op/Association

  • Community Features: Outdoor Pool, Playground, Tennis Court(s)
  • Association Fee: 890
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Association Name: Baesael
  • Phone: 7048473507
  • ResoAssociationFeeFrequency: Annually

Schools

  • Middle Or Junior School: Sun Valley
  • HOA Subject To: Required
  • HOA Email: taylorglenn@baesael.com
  • CAR_YearlyHOAExpense: 890.00

Lot Info

  • Lot Size Area: 0.18
  • Lot Size Units: Acres
  • Parcel Number: 07-096-511
  • Zoning Description: R20
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 1.58364

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Shiloh
  • High School: Sun Valley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2022
Closed on
Aug 12, 2022
Sold by
Drayton Mahlon K and Drayton Cavonya
Bought by
Salgado Esteban and Salgado Paige
Seller's Agent
Karen Clark
COMPASS
Buyer's Agent
Kristy Kyle
Call It Closed International Inc
List Price
$510,000
Sold Price
$480,000
Premium/Discount to List
-$30,000
-5.88%
Current Estimated Value
$509,447

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,447
Avg. Annual Appreciation
1.41%
Original Mortgage
$375,000
Outstanding Balance
$360,387
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$140,293

Purchase Details

Closed on
Jan 25, 2011
Sold by
Federal National Mortgage Association
Bought by
Drayton Mahlon K and Drayton Cavonya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,817
Interest Rate
4.79%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 21, 2010
Sold by
Blackwell Benjamin J and Blackwell Dana M
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 8, 2007
Sold by
Arcoraci Frederick and Arcoraci Donna
Bought by
Blackwell Benjamin J and Blackwel Dana M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,000
Interest Rate
6.12%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 28, 2005
Sold by
Bonterra Builders Llc
Bought by
Arcoraci Frederick and Arcoraci Donna
Source: Public Records

Range of Values:

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Average Value
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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
Salgado Esteban $480,000 None Listed On Document
Drayton Mahlon K -- None Available
Federal National Mortgage Association $287,994 None Available
Blackwell Benjamin J $251,000 Master Title
Arcoraci Frederick $225,500 Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salgado Esteban $375,000
Previous Owner Drayton Mahlon K $155,000
Previous Owner Drayton Mahlon K $160,817
Previous Owner Blackwell Benjamin J $251,000
Previous Owner Arcoraci Frederick J $185,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2022 08/17/22 Sold $480,000 0.0% $172 / Sq Ft
07/14/2022 07/14/22 Pending -- -- --
07/06/2022 07/06/22 Price Changed $480,000 -3.0% $172 / Sq Ft
06/22/2022 06/22/22 Price Changed $495,000 -2.9% $177 / Sq Ft
06/16/2022 06/16/22 For Sale $510,000 -- $183 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $2,563 $308,800 $58,300 $250,500
2023 $2,510 $303,100 $58,300 $244,800
2022 $2,510 $303,100 $58,300 $244,800
2021 $2,505 $303,100 $58,300 $244,800
2020 $1,706 $221,500 $37,000 $184,500
2019 $2,160 $221,500 $37,000 $184,500
2018 $0 $221,500 $37,000 $184,500
2017 $2,258 $221,500 $37,000 $184,500
2016 $2,215 $221,500 $37,000 $184,500
2015 $1,782 $221,500 $37,000 $184,500
2014 $1,565 $227,820 $44,000 $183,820
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3872527

Canopy MLS (Canopy Realtor® Association)

APN: 07-096-511