See Home Value
Indian Trail 28079
4007 Magna Lane
$496,278*
House - Off Market

4007 Magna Lane

Indian Trail, NC 28079
bedrooms
5 Beds
bathrooms
3 Baths
square feet
2793 Sqft
$432,000 - $528,000
Reference Base Price*
3.39%
Since Sep 1, 2022
National-US
Primary Model
Sold Aug 18, 2022
$480,000
$375,000 by Premier Processing Llc
Mortgage Due Sep 01, 2052
Sold Feb 07, 2011
Transfer
$160,817 by Wells Fargo Bank Na
Mortgage Due Mar 01, 2041

About This Property

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!

The manager has listed the unit size as 2793 square feet.
Unit Size
2,793Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$172
Property Type
House
Property Taxes
-
HOA Dues
$890
Year Built
2005

Price History

Date / Event Date Event Price
Aug 21, 2022 No longer available -
No longer available
Aug 18, 2022 Sold to Esteban Salgado, Paige Salgado $480,000
Sold to Esteban Salgado, Paige Salgado
Jul 14, 2022 In contract -
In contract
Jul 7, 2022 Price Decreased $480,000
↓ $15K (3%)
Price Decreased
Jun 23, 2022 Price Decreased $495,000
↓ $15K (2.9%)
Price Decreased
Show More

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 2
  • Total Rooms: 7
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Wood
  • Building Style: Conventional
  • Roof Shape Type: Gable
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 8,015
  • Total Building Area: 2,688
  • Building Area: 2,688
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,688
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TAYLOR GLEN
  • Land Acres: 0.184
  • Standard Land Use Code: Rural/agricultural residence
  • Legal Description 1: #195 TAYLOR GLENN PH2/MP2

Ownership

  • Current Owner : SALGADO ESTEBAN
  • Current Owner 2: SALGADO PAIGE
  • Previous Owner : DRAYTON MAHLON K
  • Previous Owner 2: DRAYTON CAVONYA
  • Owner Before Previous Owner: FEDERAL NATIONAL MORTGAGE ASSOCIATION
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Union County Public Schools
  • Census Tract: 020317

Zoning

  • Zoning: SF-4 INDIA

Geography

  • District: 7
  • Parcel: 07-096-511
  • Municipality: VANCE TWP
  • Latitude: 35.0313
  • Longitude: -80.6691

    Address

  • Full Address: 4007 Magna Ln
  • Address - House Number: 4007
  • Address - Street Name: Magna
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Indian Trail
  • Carrier Code: R052
  • 4-Digit Zip Code: 4262
  • Zip Code: 28079

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,510
  • Tax Rate Code Area: 626

    Appraisal Valuation

  • Standard Deviation: 0.1866
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 75
  • Final Value: 497,548
  • High Value: 590,418
  • Low Value: 404,677

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $375,000
  • First Open Lien Mortgage Lender: PREMIER PROCESSING LLC
  • First Open Lien Mortgage Recording Date: Aug 18, 2022
  • First Open Lien Mortgage Loan Amount: $375,000
  • 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: Sep 01, 2052

    Market Valuation

  • Market Total Value: $303,100
  • Market Land Value: $58,300
  • Market Improvement Value: $244,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $303,100
  • Assessed Land Value: $58,300
  • Assessed Improvements Value: $244,800

    Sales

  • Current Sale Contract Date: Aug 12, 2022
  • Current Sale Recording Date: Aug 18, 2022
  • Current Sale Transaction ID: 11895091726
  • Current Sale Price: $480,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 29292
  • Previous Sale Recording Date: Feb 07, 2011
  • Previous Sale Contract Date: Jan 25, 2011
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PREMIER PROCESSING LLC
  • First Mortgage Transaction Date: Aug 18, 2022
  • First Mortgage Loan Amount: $375,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Feb 07, 2011
  • Previous Mortgage Loan Amount: $160,817
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Mar 01, 2041



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
2.5 Baths
2,667 ft²
$183/ft²
$489,000 Oct 27, 2023
-
$902/mo
House
2 Beds
2 Baths
2,034 ft²
$234/ft²
$475,000 Sep 21, 2023
-
$220/mo

About Indian Trail


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Frequently Asked Questions

When was property at 4007 Magna Lane built and last sold?
The property at 4007 Magna Lane was built in 2005 and last sold on Aug 12, 2022 for $480,000.
How much is this home worth?
The estimated value of the home located at 4007 Magna Lane is $484,800.
What are some comparable homes to 4007 Magna Lane?
There are currently no comparable homes to 4007 Magna Lane.

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