When was property at 2485 Magnolia Tree Lane built and last sold?

The property at 2485 Magnolia Tree Lane was built in 2015 and last sold on May 2, 2023 for $530,000.

How much is this home worth?

The estimated value of the home located at 2485 Magnolia Tree Lane is $542,882.

What are some comparable homes to 2485 Magnolia Tree Lane?

There are currently no comparable homes to 2485 Magnolia Tree Lane.

Durham

27703

Ed Cook

2485 Magnolia Tree Lane

$530,000

● House - Off Market

2485 Magnolia Tree Lane

Durham, NC 27703

3 Beds

3 Baths, 1 Half Bath

2,926 Ft²

$535,897

RealtyHop Estimate

0.17%

Since Jul 1, 2023

National-US

Primary Model

About This Property

Lovely and large 3 BR, 2.5 bath in Rustica Oaks. Open concept with kitchen, dining room. family room with fireplace and sunroom. Downstairs owners suite with trey ceiling, tile shower & separate soaking tub. Large secondary bedrooms up with generous closets. Wonderful loft area - great for office or extra seating area. Huge bonus room - can be used as a 4th bedroom, gaming or playroom - many possibilities. Cozy back patio with lighted gazebo. Google Fiber available . Neighborhood amenities include pool and 2 playgrounds. Convenient location - close proximity to RTP, Downtown Downtown, & Duke.

Unit Size

2,926 Ft²

Days on Market

Land Size

0.16 acres

Price per sqft

$183

Property Type

House

Property Taxes

$339

HOA Dues

$57

Year Built

2015

Payment Calculator

Cap Rate Calculator

Last updated: 2 years ago (TMLS #2501152)

Price History

Date / Event	Date	Event
Jun 1, 2023	Sold	Premium
Sold
Mar 23, 2023	Listed by Apple Realty	$535,000
Listed by Apple Realty
Aug 20, 2015	Sold	Premium
Sold

Property Highlights

Garage

Air Conditioning

Fireplace

Building Info

Overview

General

Year Built: 2015

Effective Year Built: 2015
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: 200
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

Lot Size Frontage Feet: 0
Total Building Area: 2,836
Building Area: 2,836
Building Area Measurement: E

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 13
Heating: 24
Heated Square Feet: 2,836
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#041 PL000193-000194

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 193 PG 194

Parcel: 214444
Lot: 41
Municipality: CITY OF DURHAM
Latitude: 35.9504
Longitude: -78.8801

Address

Full Address: 2485 Magnolia Tree Ln

Address - House Number: 2485
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: $415,673

Appraisal Valuation

Standard Deviation: 0.0829

Valuation Date: Oct 25, 2023
Confidence Score: 93
Final Value: 559,009
High Value: 605,388
Low Value: 512,629

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

Premium
First Open Lien Mortgage Lender:

Premium
First Open Lien Mortgage Recording Date:

Premium
First Open Lien Mortgage Loan Amount:

Premium
First Open Lien Mortgage Term:

Premium
First Open Lien Mortgage Position:

Premium
First Open Lien Mortgage Loan Type:

Premium
First Open Lien Mortgage Loan Due Date:

Premium

Market Valuation

Market Total Value: $317,332

Market Land Value: $57,750
Market Improvement Value: $259,582

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $317,332
Assessed Land Value: $57,750
Assessed Improvements Value: $259,582

Sales

Current Sale Contract Date: May 02, 2023

Current Sale Recording Date: Jun 01, 2023
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 63363
Previous Sale Recording Date: Aug 20, 2015
Previous Sale Contract Date: Aug 20, 2015
Previous Sale Amount: $264,500
Previous Sale Document Type: 71

Last Sale Mortgage

First Mortgage Lender:

Premium

First Mortgage Transaction Date:

Premium
First Mortgage Loan Amount:

Premium
First Mortgage Terms:

Premium
First Mortgage Loan Type:

Premium
First Mortgage Loan Due Date:

Premium

Previous Mortgages

Previous Mortgage Lender:

Premium

Previous Mortgage Transaction Date:

Premium
Previous Mortgage Loan Amount:

Premium
Previous Mortgage Term:

Premium
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

2036 ft²

Average Home Age

19.7 years

Currently For Sale

9 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

Unit for rent at 407 East End Avenue, Durham, NC, 27703

$2,095 /mo

6 Beds
3 Baths
1,800 ft²

407 East End Avenue, Durham, NC, 27703 Listing by Sworna Gomes

Unit for rent at 1527 Smoky Mountains Street, Durham, NC, 27713

$1,895 /mo

3 Beds
2 Baths
1,658 ft²

1527 Smoky Mountains Street, Durham, NC, 27713 Listing by Michael Sullivan

Unit for rent at 1634 Glacier Drive, Durham, NC, 27713

$2,190 /mo

3 Beds
2 Baths
1,935 ft²

1634 Glacier Drive, Durham, NC, 27713 Listing by Gokul Jayabalan

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Kim McKeel, Apple Realty
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2501152

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.

2485 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