When was property at 405 Magna Drive built and last sold?

The property at 405 Magna Drive was built in 2006 and last sold on Feb 22, 2024 for $345,000.

How much is this home worth?

The estimated value of the home located at 405 Magna Drive is $0.

What are some comparable homes to 405 Magna Drive?

There are currently no comparable homes to 405 Magna Drive.

Durham

27703

405 Magna Drive

$345,000

● House - Off Market

405 Magna Drive

Durham, NC 27703

3 Beds

2 Baths, 1 Half Bath

1,868 Ft²

$1,775

Est. Monthly

$20

HOA / Fees

6.72%

Cap Rate

About This Property

Welcome to Ridgewood! This home has so much to offer and checks all the boxes. Step inside to enjoy an open floor plan living, dining room and kitchen perfect for your next Super Bowl party! The kitchen features large granite countertops, an island with bar seating, a pantry closet and beautiful stainless steel appliances - including a new oven and microwave. Cozy up in the large primary suite, with a dual vanity bath, glassed in shower, soaking tub and huge walk in closet! This home is a pet lovers dream with tile and LVP flooring through the majority of the home. The only carpet is brand new and located on the stairway treads. Head outside and enjoy the privacy of the fully fenced-in backyard and paver patio. Take advantage of the potential cost savings with low energy bills as the home is equipped with roof solar panels. Seller is also providing a 1-year home warranty for buyer at closing.

Unit Size

1,868 Ft²

Days on Market

Land Size

0.13 acres

Price per sqft

$171

Property Type

House

Property Taxes

$184

HOA Dues

$20

Year Built

2006

Payment Calculator

Cap Rate Calculator

Last updated: 2 years ago (TMLS #10008011)

Price History

Date / Event	Date	Event
Feb 27, 2024	Sold	Premium
Sold
Jan 25, 2024	Listed by Allen Tate / Durham	$320,000
Listed by Allen Tate / Durham
Jan 15, 2016	Sold	Premium
Sold
Nov 6, 2015	Listed by Allen Tate / Durham	$167,500
Listed by Allen Tate / Durham
Oct 13, 2006	Sold	Premium
Sold

Property Highlights

Garage

Air Conditioning

Building Info

Overview

General

Year Built: 2006

Effective Year Built: 2006
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: 5,663

Lot Size Frontage Feet: 0
Total Building Area: 1,866
Building Area: 1,866
Building Area Measurement: E

Heating and Cooling

Air Conditioning: 13

Heating: 24
Heated Square Feet: 1,866
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: RIDGEWD/RIDGEFLD PH 8-B
Land Acres: 0000000130
Standard Land Use Code: 1001
County Land Use Code: 111
Legal Description 1: RIDGEWOOD/RIDGEFIELD/PH:0 8B/LT#161 PL000165-000076

Neighborhood

School District Name: Durham Public Schools

School Tax District Code 2: CTY DURHAM
Census Tract: 001806

Zoning

Zoning: PDR 2.850

Geography

Assessors Map Reference: BK 165 PG 76

Parcel: 201038
Lot: 161
Municipality: CITY OF DURHAM
Latitude: 36.0048
Longitude: -78.8116

Address

Full Address: 405 Magna Dr

Address - House Number: 405
Address - Street Name: Magna
Address - Suffix Type: Dr
State: NC
City Name: Durham
Carrier Code: C016
4-Digit Zip Code: 6356
Zip Code: 27703

Valuation

Tax

Tax Year: 2023

Tax Amount: $238,902

Appraisal Valuation

Standard Deviation: 0.1808

Valuation Date: Feb 28, 2024
Confidence Score: 76
Final Value: 358,200
High Value: 422,974
Low Value: 293,425

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

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First Open Lien Mortgage Recording Date:

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First Open Lien Mortgage Loan Due Date:

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Market Valuation

Market Total Value: $182,382

Market Land Value: $33,780
Market Improvement Value: $148,602

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $182,382
Assessed Land Value: $33,780
Assessed Improvements Value: $148,602

Sales

Current Sale Contract Date: Feb 22, 2024

Current Sale Recording Date: Feb 27, 2024
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 88008
Previous Sale Recording Date: Jan 15, 2016
Previous Sale Contract Date: Jan 12, 2016
Previous Sale Amount: $160,000
Previous Sale Document Type: 71

Last Sale Mortgage

First Mortgage Lender:

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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 Loan Amount:

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Previous Mortgage Term:

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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 Durham

Stats & Trends

Median Asking:

$415,000

Sale Price/ft²

$234

Below Asking

0.02%

Average Days on Market

Average Home Size

1911 ft²

Average Home Age

31.3 years

Currently For Sale

1100 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 4009 Omer Lane, Durham, NC, 27703

$2,145 /mo

3 Beds
2 Baths
1,760 ft²

4009 Omer Lane, Durham, NC, 27703 Listing by Vincent Thai

Unit for rent at 8 Duck Pond Court, Durham, NC, 27703

$2,200 /mo

3 Beds
3 Baths
1,989 ft²

8 Duck Pond Court, Durham, NC, 27703 Listing by Johnna Spivey

Unit for rent at 2203 Patterson Road, Durham, NC, 27704

$2,000 /mo

2 Beds
1 Bath

2203 Patterson Road #A, Durham, NC, 27704 Listing by Laura Sokolowski

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Kelsey Kearney, Allen Tate / Durham
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10008011

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.

405 Magna Drive

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About Durham

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions