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2405 Magnolia Tree Ln; Durham, NC Property Details

2405 Magnolia Tree Ln, Durham, NC is a Single Family that was built in 2015. This property is currently Financed and is not for sale. Our records show that 2405 Magnolia Tree Ln has 3 bedrooms, and 2.5 bathrooms, and a total of 2,430 square feet. The lot size of 2405 Magnolia Tree Ln is 5,663 square feet.

Off market
2405 Magnolia Tree Ln Durham, NC 27703
$232,324 Listing Price
3 Beds
2.5 Baths
2,430 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2015
  • Purchase Price: $232,500
  • Open Loans / Balance: 2 / $323,441
  • Est. Equity / %: $101,559 / 23.9%
  • Gross Yield: 7.344%
  • APN: 217448
  • Situs County: Durham
  • Length Of Ownership: 10 years, 8 months

Rooms

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

Structure

  • Stories: 2

Measurements

  • Total: 2,430/SqFt
  • Lot: 5,663/SqFt
  • Living: 2,430/SqFt
  • Building: 2,430/SqFt
  • Price Per Square Foot: $95.68

Legal Description

  • Description: RUSTICA OAKS/LT#046 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: 35.950645 / -78.87874
  • 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

2405 Magnolia Tree Ln has no associated ownership info
2405 Magnolia Tree Ln has no associated ownership info.

Taxes

2405 Magnolia Tree Ln has 10 associated Taxes items

2405 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 $462,951. The APN we've located for 2405 Magnolia Tree Ln is 217448.

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Taxes
  • Assessed Value:  $462,951
  • Assessed Year:  2026
  • Assessed County:  Durham
  • APN:  217448
  • Assessed Land Value:  84750
  • Market Land Value:  84750
  • Tax Amount:  4589.23
  • Tax Year:  2025
  • Market Value:  462951
  • Market Year:  2026

Tax History

2405 Magnolia Tree Ln has 11 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $462,951 Land Value $84,750 Improvement Value $378,201 Tax Amount $4,704.97 Change Rate +0.02522% Assessed CR Tax Rate +0.010163%
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $4,589.23 Change Rate +0.160171% Assessed CR Tax Rate
Year 2024 Assessed Value $283,579 Land Value $56,550 Improvement Value $227,029 Tax Amount $3,955.65 Change Rate +0.064893% Assessed CR Tax Rate +0.013949%
Year 2023 Assessed Value $283,579 Land Value $56,550 Improvement Value $227,029 Tax Amount $3,714.6 Change Rate +0.023438% Assessed CR Tax Rate +0.013099%
Year 2022 Assessed Value $283,579 Land Value $56,550 Improvement Value $227,029 Tax Amount $3,629.53 Change Rate +0.004709% Assessed CR Tax Rate +0.012799%
Year 2021 Assessed Value $283,579 Land Value $56,550 Improvement Value $227,029 Tax Amount $3,612.52 Change Rate +0.024119% Assessed CR Tax Rate +0.012739%
Year 2020 Assessed Value $283,579 Land Value $56,550 Improvement Value $227,029 Tax Amount $3,527.44 Change Rate Assessed CR Tax Rate +0.012439%
Year 2019 Assessed Value $283,579 Land Value $56,550 Improvement Value $227,029 Tax Amount $3,527.44 Change Rate +0.113393% Assessed CR Tax Rate +0.012439%
Year 2018 Assessed Value $233,556 Land Value $39,585 Improvement Value $193,971 Tax Amount $3,168.19 Change Rate +0.007428% Assessed CR Tax Rate +0.013565%
Year 2017 Assessed Value $233,556 Land Value $39,585 Improvement Value $193,971 Tax Amount $3,144.83 Change Rate +0.798474% Assessed CR Tax Rate +0.013465%
Year 2016 Assessed Value $134,395 Land Value $39,585 Improvement Value $94,810 Tax Amount $1,748.61 Change Rate Assessed CR Tax Rate +0.013011%