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1408 Magnolia Bend Loop; Cary, NC Property Details

1408 Magnolia Bend Loop, Cary, NC is a Single Family that was built in 2016. This property is currently a cash purchase and is not for sale. Our records show that 1408 Magnolia Bend Loop has 4 bedrooms, and 3.5 bathrooms, and a total of 4,142 square feet. The lot size of 1408 Magnolia Bend Loop is 8,712 square feet.

Off market
1408 Magnolia Bend Loop Cary, NC 27519
$1,125,000 Listing Price
4 Beds
3.5 Baths
4,142 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 2016
  • Purchase Price: $1,125,000
  • Est. Equity / %: $1,141,000 / 100%
  • Gross Yield: 4.891%
  • APN: 0724.04-90-2897-000
  • Situs County: Wake
  • Length Of Ownership: 1 year, 3 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 3.5
  • Full Bathrooms: 3
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 2
  • Building Quality: B
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 4,142/SqFt
  • Lot: 8,712/SqFt
  • Gross: 4,142/SqFt
  • Garage: 675/SqFt
  • Living: 4,142/SqFt
  • Building: 4,142/SqFt
  • Garage Unfinished: 675/SqFt
  • Price Per Square Foot: $271.61

Legal Description

  • Description: LO39 SOUTHERLYN PH1B BM2014-01446
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Wake County Schools
  • Lat / Lon: 35.785603 / -78.90123
  • Subdivision: Southerlyn Ph1b
  • Property Class: Residential
  • Zoning: R40
  • County Use Code: 01

Amenities

  • Plus Four: 0125
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Forced air unit

HOA

  • H O A One: $380
  • H O A Amount: $380
  • H O A One Frequency: Quarterly
  • H O A One Name: Southerlyn Homeowners Association I
  • H O A One Type: Home Owner Association

Ownership Info

1408 Magnolia Bend Loop has no associated ownership info
1408 Magnolia Bend Loop has no associated ownership info.

Taxes

1408 Magnolia Bend Loop has 8 associated Taxes items

1408 Magnolia Bend Loop, Cary, NC pays taxes in Wake County, NC. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $1,005,300. The APN we've located for 1408 Magnolia Bend Loop is 0724.04-90-2897-000.

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Taxes
  • Assessed Value:  $1,005,300
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  0724.04-90-2897-000
  • Assessed Land Value:  200000
  • Market Land Value:  200000
  • Market Value:  1005300
  • Market Year:  2025

Tax History

1408 Magnolia Bend Loop has 11 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $1,005,300 Land Value $200,000 Improvement Value $805,300 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $980,458 Land Value $200,000 Improvement Value $780,458 Tax Amount $8,241.14 Change Rate +0.330927% Assessed CR Tax Rate +0.008405%
Year 2023 Assessed Value $615,971 Land Value $110,000 Improvement Value $505,971 Tax Amount $6,192.03 Change Rate +0.03875% Assessed CR Tax Rate +0.010052%
Year 2022 Assessed Value $615,971 Land Value $110,000 Improvement Value $505,971 Tax Amount $5,961.04 Change Rate +0.020564% Assessed CR Tax Rate +0.009677%
Year 2021 Assessed Value $615,971 Land Value $110,000 Improvement Value $505,971 Tax Amount $5,840.93 Change Rate -0.005245% Assessed CR Tax Rate +0.009482%
Year 2020 Assessed Value $615,971 Land Value $110,000 Improvement Value $505,971 Tax Amount $5,871.73 Change Rate -0.111452% Assessed CR Tax Rate +0.009532%
Year 2019 Assessed Value $615,320 Land Value $165,000 Improvement Value $450,320 Tax Amount $6,608.23 Change Rate +0.065797% Assessed CR Tax Rate +0.01074%
Year 2018 Assessed Value $615,320 Land Value $165,000 Improvement Value $450,320 Tax Amount $6,200.27 Change Rate +0.040691% Assessed CR Tax Rate +0.010076%
Year 2017 Assessed Value $615,320 Land Value $165,000 Improvement Value $450,320 Tax Amount $5,957.84 Change Rate +0.794757% Assessed CR Tax Rate +0.009683%
Year 2016 Assessed Value $349,246 Land Value $165,000 Improvement Value $184,246 Tax Amount $3,319.58 Change Rate +2.065312% Assessed CR Tax Rate +0.009505%
Year 2015 Assessed Value $110,000 Land Value $110,000 Improvement Value Tax Amount $1,082.95 Change Rate Assessed CR Tax Rate +0.009845%