Check Availability

2405 Magnolia Tree Lane

2405 Magnolia Tree Lane, Durham, NC 27703
Property in Ed Cook
Sold Nov 25, 2015
$232,500
$225,354 by Fidelity Bank
Mortgage Due Dec 01, 2045
2405 Magnolia Tree Lane has been categorized by the local assessors in Durham, NC as a residential type of property. The building on the property was first built in 2015 and is 9 years old. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 2405 Magnolia Tree Lane has 2,430 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 5,663 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heating system. There is a single fireplace in the home. Perfect for those wintery nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 2405 Magnolia Tree Lane sold most recently in Nov 25, 2015 for a total of $232,500. If you work out the math, that's approximately a cost of $95.68 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $3,715 in taxes each year. 2405 Magnolia Tree Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $283,579. If we break it down further, the land itself was valued at $56,550. Improvements to the property, however, were assessed at a total of $227,029. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2015
  • Effective Year Built: 2015
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Style: Conventional
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,663
  • Total Building Area: 2,430
  • Building Area: 2,430
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,430
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RUSTICA OAKS
  • Land Acres: 0.13
  • Standard Land Use Code: Single family residential
  • Legal Description 1: RUSTICA OAKS/LT#046 PL000194-000123

Ownership

  • Current Owner : BARRETT SHEIRA
  • Current Owner 2: BARRETT MARCUS D
  • Previous Owner : MUNGO HOMES OF NROTH CAROLINA INC
  • Is Owner Occupied: Owner-occupied property

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: 217448
  • Lot: 46
  • Municipality: CITY OF DURHAM
  • Latitude: 35.9506
  • Longitude: -78.8787

    Address

  • Full Address: 2405 Magnolia Tree Ln
  • Address - House Number: 2405
  • Address - Street Name: Magnolia Tree
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Durham
  • Carrier Code: C002
  • 4-Digit Zip Code: 6428
  • Zip Code: 27703

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,715

    Appraisal Valuation

  • Standard Deviation: 0.1694
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 78
  • Final Value: 491,995
  • High Value: 575,385
  • Low Value: 408,605

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $225,354
  • First Open Lien Mortgage Lender: FIDELITY BANK
  • First Open Lien Mortgage Recording Date: Nov 25, 2015
  • First Open Lien Mortgage Loan Amount: $225,354
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2045

    Market Valuation

  • Market Total Value: $283,579
  • Market Land Value: $56,550
  • Market Improvement Value: $227,029

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $283,579
  • Assessed Land Value: $56,550
  • Assessed Improvements Value: $227,029

    Sales

  • Current Sale Contract Date: Nov 25, 2015
  • Current Sale Recording Date: Nov 25, 2015
  • Current Sale Transaction ID: 1406533286
  • Current Sale Price: $232,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2015039478

    Last Sale Mortgage

  • First Mortgage Lender: FIDELITY BANK
  • First Mortgage Transaction Date: Nov 25, 2015
  • First Mortgage Loan Amount: $225,354
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2045

About Ed Cook



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 207 Maple Walk Street, Durham, NC, 27703

$2,650 /mo

  • 3 Beds
  • 2.5 Baths
  • 2,461 ft²
207 Maple Walk Street, Durham, NC, 27703 Listing by Brett Rodgers
Unit for rent at 1110 Nova Street, Durham, NC, 27713

$2,895 /mo

  • 3 Beds
  • 3.5 Baths
  • 2,460 ft²
1110 Nova Street #ID12083386, Durham, NC, 27713 Listing by Baxter Barrett
Unit for rent at 2225 Summit Street, Durham, NC, 27707

$2,495 /mo

  • 2 Beds
  • 1 Bath
  • 829 ft²
2225 Summit Street #APT1, Durham, NC, 27707 Listing by Lori Hill
Unit for rent at 3006 Courtney Creek Boulevard, Durham, NC, 27713

$1,725 /mo

  • 2 Beds
  • 2.5 Baths
  • 1,547 ft²
3006 Courtney Creek Boulevard, Durham, NC, 27713 Listing by Aaron Daniels
Unit for rent at 1304 Timothy Avenue, Durham, NC, 27707

$1,600 /mo

  • 3 Beds
  • 1.5 Baths
  • 1,053 ft²
1304 Timothy Avenue, Durham, NC, 27707 Listing by Nakayla Monserrate
Unit for rent at 6 Kilbreth Avenue, Durham, NC, 27713

$2,200 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,884 ft²
6 Kilbreth Avenue, Durham, NC, 27713 Listing by Sophie Wang
Unit for rent at 1004 Linwood Avenue, Durham, NC, 27701

$2,500 /mo

  • 2 Beds
  • 2.5 Baths
  • 1,127 ft²
1004 Linwood Avenue, Durham, NC, 27701 Listing by Shayla Nasiri

Frequently Asked Questions

What neighborhood is 2405 Magnolia Tree Lane located in?
The 2405 Magnolia Tree Lane is a located in the neighborhood of Ed Cook in Ed Cook, Durham.
What is the average sales price for listings in 2405 Magnolia Tree Lane?
The average sales price for units in 2405 Magnolia Tree Lane is $0 currently.

Quantcast