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2216 Magnolia Tree Ln; Durham, NC Property Details

2216 Magnolia Tree Ln, Durham, NC is a Single Family that was built in 2017. This property is currently Financed,New Construction and is not for sale. Our records show that 2216 Magnolia Tree Ln has 3 bedrooms, and 2.5 bathrooms, and a total of 2,680 square feet. The lot size of 2216 Magnolia Tree Ln is 6,098 square feet.

Off market
2216 Magnolia Tree Ln Durham, NC 27703
$491,075 Estimated Value
3 Beds
2.5 Baths
2,680 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2017
  • Purchase Price: $270,500
  • Open Loans / Balance: 2 / $293,884
  • Est. Equity / %: $170,116 / 36.66%
  • Gross Yield: 6.882%
  • APN: 217542
  • Situs County: Durham
  • Length Of Ownership: 8 years, 5 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Partial Bathrooms: 1

Structure

  • Stories: 2

Measurements

  • Total: 2,680/SqFt
  • Lot: 6,098/SqFt
  • Living: 2,680/SqFt
  • Building: 2,680/SqFt
  • Price Per Square Foot: $100.93

Legal Description

  • Description: RUSTICA OAKS/LT#163 PL:000194-000124
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Durham Public Schools
  • Lat / Lon: 35.951073 / -78.87726
  • Subdivision: Rustica Oaks
  • Property Class: Residential
  • Zoning: PDR 4.000
  • County Use Code: 111

Amenities

  • Plus Four: 6506
  • Cooling: Yes
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Yes

HOA

  • H O A One: $56
  • H O A Amount: $56
  • H O A One Frequency: Monthly
  • H O A One Name: Rustica Oaks Homeowners Association Inc
  • H O A One Type: Home Owner Association

Ownership Info

2216 Magnolia Tree Ln has no associated ownership info
2216 Magnolia Tree Ln has no associated ownership info.

Taxes

2216 Magnolia Tree Ln has 10 associated Taxes items

2216 Magnolia Tree Ln, Durham, NC pays taxes in Durham County, NC. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $491,075. The APN we've located for 2216 Magnolia Tree Ln is 217542.

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Taxes
  • Assessed Value:  $491,075
  • Assessed Year:  2026
  • Assessed County:  Durham
  • APN:  217542
  • Assessed Land Value:  85500
  • Market Land Value:  85500
  • Tax Amount:  4868.02
  • Tax Year:  2025
  • Market Value:  491075
  • Market Year:  2026

Tax History

2216 Magnolia Tree Ln has 11 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $491,075 Land Value $85,500 Improvement Value $405,575 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $4,868.02 Change Rate +0.152358% Assessed CR Tax Rate
Year 2024 Assessed Value $302,846 Land Value $56,800 Improvement Value $246,046 Tax Amount $4,224.4 Change Rate +0.064891% Assessed CR Tax Rate +0.013949%
Year 2023 Assessed Value $302,846 Land Value $56,800 Improvement Value $246,046 Tax Amount $3,966.98 Change Rate +0.023441% Assessed CR Tax Rate +0.013099%
Year 2022 Assessed Value $302,846 Land Value $56,800 Improvement Value $246,046 Tax Amount $3,876.12 Change Rate +0.00471% Assessed CR Tax Rate +0.012799%
Year 2021 Assessed Value $302,846 Land Value $56,800 Improvement Value $246,046 Tax Amount $3,857.95 Change Rate +0.024117% Assessed CR Tax Rate +0.012739%
Year 2020 Assessed Value $302,846 Land Value $56,800 Improvement Value $246,046 Tax Amount $3,767.1 Change Rate Assessed CR Tax Rate +0.012439%
Year 2019 Assessed Value $302,846 Land Value $56,800 Improvement Value $246,046 Tax Amount $3,767.1 Change Rate +0.735855% Assessed CR Tax Rate +0.012439%
Year 2018 Assessed Value $159,983 Land Value $19,880 Improvement Value $140,103 Tax Amount $2,170.17 Change Rate +7.107027% Assessed CR Tax Rate +0.013565%
Year 2017 Assessed Value $19,880 Land Value $19,880 Improvement Value Tax Amount $267.69 Change Rate +0.034911% Assessed CR Tax Rate +0.013465%
Year 2016 Assessed Value $39,760 Land Value $39,760 Improvement Value Tax Amount $258.66 Change Rate Assessed CR Tax Rate +0.006506%