When was property at 2308 Magnolia Tree Lane built and last sold?

The property at 2308 Magnolia Tree Lane was built in 2016 and last sold on Mar 7, 2023 for $460,000.

How much is this home worth?

The estimated value of the home located at 2308 Magnolia Tree Lane is $460,782.

What are some comparable homes to 2308 Magnolia Tree Lane?

There are currently no comparable homes to 2308 Magnolia Tree Lane.

Durham

27703

Ed Cook

2308 Magnolia Tree Lane

$460,000

● House - Off Market

2308 Magnolia Tree Lane

Durham, NC 27703

3 Beds

2 Baths, 1 Half Bath

2,290 Ft²

$479,175

RealtyHop Estimate

3.05%

Since Apr 1, 2023

National-US

Primary Model

About This Property

Showings start Saturday January 7 at 11AM. Let's count all the things you will love about this marvelous 3 BR (+ office & bonus room) 2.5 BA Rustica Oaks home: The open floor plan, the chef's kitchen with granite counter tops and stainless steel appliances, the first floor office, the huge bonus room over the garage, the gorgeous dark hardwood floors, and the location: five miles to downtown & 6 miles to Duke, and across the street from the clubhouse and pool. This home really has it all!

Unit Size

2,290 Ft²

Days on Market

Land Size

0.16 acres

Price per sqft

$203

Property Type

House

Property Taxes

$293

HOA Dues

$57

Year Built

2016

Payment Calculator

Cap Rate Calculator

Last updated: 12 months ago (TMLS #2488727)

Price History

Date / Event	Date	Event
Mar 13, 2023	Sold	Premium
Sold
Jan 3, 2023	Listed by Compass -- Chapel Hill - Durham	$465,000
Listed by Compass -- Chapel Hill - Durham
Jun 3, 2016	Sold	Premium
Sold
Apr 22, 2016	Listed by Compass -- Chapel Hill - Durham	$251,182
Listed by Compass -- Chapel Hill - Durham

Property Highlights

Garage

Air Conditioning

Building Info

Overview

General

Year Built: 2016

Effective Year Built: 2016
Bedroom Count: 3
Bathroom Count: 3
Full Bathrooms: 2
Partial Bathrooms: 3
Building Condition: 0
Building Quality: 0
Construction Type: 0
Building Style: 15
Exterior Walls Type: 0
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 0
Floor Count: 100
Floor Cover: 0
Basement Type: 5
Basement Area: 0
Garage Type: 1
Parking Space Count: 0
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 6,970

Total Building Area: 2,290
Building Area: 2,290
Building Area Measurement: E

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 13
Heating: 24
Heated Square Feet: 2,290
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: RUSTICA OAKS
Land Acres: 0000000160
Standard Land Use Code: 1001
County Land Use Code: 111
Legal Description 1: RUSTICA OAKS/LT#159 PL000194-000123

Neighborhood

School District Name: Durham Public Schools

School Tax District Code 2: CTY DURHAM
Census Tract: 002035

Zoning

Zoning: PDR 4.000

Geography

Assessors Map Reference: BK 194 PG 123

Parcel: 217538
Lot: 159
Municipality: CITY OF DURHAM
Latitude: 35.9511
Longitude: -78.8782

Address

Full Address: 2308 Magnolia Tree Ln

Address - House Number: 2308
Address - Street Name: Magnolia Tree
Address - Suffix Type: Ln
State: NC
City Name: Durham
Carrier Code: C002
4-Digit Zip Code: 6429
Zip Code: 27703

Valuation

Tax

Tax Year: 2023

Tax Amount: $359,413

Appraisal Valuation

Standard Deviation: 0.1651

Valuation Date: Oct 25, 2023
Confidence Score: 79
Final Value: 473,264
High Value: 551,401
Low Value: 395,128

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

Premium
First Open Lien Mortgage Lender:

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First Open Lien Mortgage Recording Date:

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First Open Lien Mortgage Loan Amount:

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First Open Lien Mortgage Loan Due Date:

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Market Valuation

Market Total Value: $274,382

Market Land Value: $58,050
Market Improvement Value: $216,332

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $274,382
Assessed Land Value: $58,050
Assessed Improvements Value: $216,332

Sales

Current Sale Contract Date: Mar 07, 2023

Current Sale Recording Date: Mar 13, 2023
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 54718
Previous Sale Recording Date: Jun 03, 2016
Previous Sale Contract Date: Jun 03, 2016
Previous Sale Amount: $251,500
Previous Sale Document Type: 71

Last Sale Mortgage

First Mortgage Lender:

Premium

First Mortgage Transaction Date:

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First Mortgage Loan Amount:

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First Mortgage Terms:

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First Mortgage Loan Due Date:

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Previous Mortgages

Previous Mortgage Lender:

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Previous Mortgage Transaction Date:

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Previous Mortgage Financing Type:

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Previous Mortgage Loan Amount:

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Previous Mortgage Term:

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Previous Mortgage Loan Type:

Premium
Previous Mortgage Loan Due Date:

Premium

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Ed Cook

Stats & Trends

Median Asking:

$429,900

Sale Price/ft²

$196

Below Asking

0.02%

Average Days on Market

Average Home Size

1987 ft²

Average Home Age

18.8 years

Currently For Sale

10 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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$1,750 /mo

3 Beds
2 Baths

801 Carter Avenue, Durham, NC, 27703 Listing by Jeff Stoker

Unit for rent at 401 Moline Street, Durham, NC, 27707

$1,750 /mo

4 Beds
2 Baths

401 Moline Street, Durham, NC, 27707 Listing by Nicholas Tempke

Unit for rent at 2721 Atlantic Street, Durham, NC, 27707

$1,400 /mo

3 Beds
1 Bath

2721 Atlantic Street, Durham, NC, 27707 Listing by Jade Cornae Rucker

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Bill Stevenson, Compass -- Chapel Hill - Durham
Last Updated: 12 months ago
Data Source: TMLS, MLS# 2488727

Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2026 Triangle MLS, Inc. of North Carolina. All rights reserved.

2308 Magnolia Tree Lane

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About Ed Cook

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions