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2403 Magnolia Tree Ln; Durham, NC Property Details

2403 Magnolia Tree Ln, Durham, NC is a Single Family that was built in 2016. This property is currently Financed and is not for sale. Our records show that 2403 Magnolia Tree Ln has 3 bedrooms, and 2.5 bathrooms, and a total of 2,852 square feet. The lot size of 2403 Magnolia Tree Ln is 7,841 square feet.

Off market
2403 Magnolia Tree Ln Durham, NC 27703
$513,819 Estimated Value
3 Beds
2.5 Baths
2,852 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2016
  • Purchase Price: $273,500
  • Open Loans / Balance: 1 / $241,823
  • Est. Equity / %: $225,177 / 48.22%
  • Gross Yield: 7.128%
  • APN: 217449
  • Situs County: Durham
  • Length Of Ownership: 10 years, 4 months

Rooms

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

Structure

  • Stories: 2

Measurements

  • Total: 2,852/SqFt
  • Lot: 7,841/SqFt
  • Living: 2,852/SqFt
  • Building: 2,852/SqFt
  • Price Per Square Foot: $95.90

Legal Description

  • Description: RUSTICA OAKS/LT#047 PL:000194-000123
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: 35.95063 / -78.878525
  • Subdivision: Rustica Oaks
  • Property Class: Residential
  • Zoning: PDR 4.000
  • County Use Code: 111

Amenities

  • Plus Four: 6428
  • 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

2403 Magnolia Tree Ln has no associated ownership info
2403 Magnolia Tree Ln has no associated ownership info.

Taxes

2403 Magnolia Tree Ln has 10 associated Taxes items

2403 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 $513,819. The APN we've located for 2403 Magnolia Tree Ln is 217449.

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Taxes
  • Assessed Value:  $513,819
  • Assessed Year:  2026
  • Assessed County:  Durham
  • APN:  217449
  • Assessed Land Value:  88500
  • Market Land Value:  88500
  • Tax Amount:  5093.48
  • Tax Year:  2025
  • Market Value:  513819
  • Market Year:  2026

Tax History

2403 Magnolia Tree Ln has 11 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $513,819 Land Value $88,500 Improvement Value $425,319 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $5,093.48 Change Rate +0.140941% Assessed CR Tax Rate
Year 2024 Assessed Value $320,043 Land Value $58,850 Improvement Value $261,193 Tax Amount $4,464.28 Change Rate +0.064891% Assessed CR Tax Rate +0.013949%
Year 2023 Assessed Value $320,043 Land Value $58,850 Improvement Value $261,193 Tax Amount $4,192.24 Change Rate +0.023439% Assessed CR Tax Rate +0.013099%
Year 2022 Assessed Value $320,043 Land Value $58,850 Improvement Value $261,193 Tax Amount $4,096.23 Change Rate +0.004709% Assessed CR Tax Rate +0.012799%
Year 2021 Assessed Value $320,043 Land Value $58,850 Improvement Value $261,193 Tax Amount $4,077.03 Change Rate +0.024117% Assessed CR Tax Rate +0.012739%
Year 2020 Assessed Value $320,043 Land Value $58,850 Improvement Value $261,193 Tax Amount $3,981.02 Change Rate Assessed CR Tax Rate +0.012439%
Year 2019 Assessed Value $320,043 Land Value $58,850 Improvement Value $261,193 Tax Amount $3,981.02 Change Rate +0.078227% Assessed CR Tax Rate +0.012439%
Year 2018 Assessed Value $272,185 Land Value $41,195 Improvement Value $230,990 Tax Amount $3,692.19 Change Rate +0.007427% Assessed CR Tax Rate +0.013565%
Year 2017 Assessed Value $272,185 Land Value $41,195 Improvement Value $230,990 Tax Amount $3,664.97 Change Rate +5.837758% Assessed CR Tax Rate +0.013465%
Year 2016 Assessed Value $41,195 Land Value $41,195 Improvement Value Tax Amount $535.99 Change Rate Assessed CR Tax Rate +0.013011%