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503 Magna Dr; Durham, NC Property Details

503 Magna Dr, Durham, NC is a Single Family that was built in 2004. This property is currently Financed,New Construction and is not for sale. Our records show that 503 Magna Dr has 4 bedrooms, and 2.5 bathrooms, and a total of 2,248 square feet. The lot size of 503 Magna Dr is 6,098 square feet.

Off market
503 Magna Dr Durham, NC 27703
$395,265 Estimated Value
4 Beds
2.5 Baths
2,248 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2004
  • Purchase Price: $174,500
  • Open Loans / Balance: 2 / $110,014
  • Est. Equity / %: $260,986 / 70.35%
  • Gross Yield: 7.219%
  • APN: 201048
  • Situs County: Durham
  • Length Of Ownership: 20 years, 6 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Partial Bathrooms: 1

Structure

  • Stories: 2

Measurements

  • Total: 2,248/SqFt
  • Lot: 6,098/SqFt
  • Living: 2,248/SqFt
  • Building: 2,248/SqFt
  • Ground: 2,030/SqFt
  • Price Per Square Foot: $77.62

Legal Description

  • Description: RIDGEWOOD/RIDGEFIELD/PH:0 8B/LT#180 PL:000165-000076
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: 36.00638 / -78.81163
  • Subdivision: Ridgewd/Ridgefld
  • Property Class: Residential
  • Zoning: PDR 2.850
  • County Use Code: 111

Amenities

  • Plus Four: 6358
  • Cooling: Yes
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Yes

HOA

  • H O A One: $200
  • H O A Amount: $200
  • H O A One Frequency: Annual
  • H O A One Name: Ridgefield
  • H O A One Type: Home Owner Association

Ownership Info

503 Magna Dr has no associated ownership info
503 Magna Dr has no associated ownership info.

Taxes

503 Magna Dr has 10 associated Taxes items

503 Magna Dr, Durham, NC pays taxes in Durham County, NC. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $395,265. The APN we've located for 503 Magna Dr is 201048.

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Taxes
  • Assessed Value:  $395,265
  • Assessed Year:  2025
  • Assessed County:  Durham
  • APN:  201048
  • Assessed Land Value:  71250
  • Market Land Value:  71250
  • Tax Amount:  3918.26
  • Tax Year:  2025
  • Market Value:  395265
  • Market Year:  2025

Tax History

503 Magna Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $395,265 Land Value $71,250 Improvement Value $324,015 Tax Amount $3,918.26 Change Rate +0.400629% Assessed CR Tax Rate +0.009913%
Year 2024 Assessed Value $200,552 Land Value $34,230 Improvement Value $166,322 Tax Amount $2,797.5 Change Rate +0.064891% Assessed CR Tax Rate +0.013949%
Year 2023 Assessed Value $200,552 Land Value $34,230 Improvement Value $166,322 Tax Amount $2,627.03 Change Rate +0.023437% Assessed CR Tax Rate +0.013099%
Year 2022 Assessed Value $200,552 Land Value $34,230 Improvement Value $166,322 Tax Amount $2,566.87 Change Rate +0.004709% Assessed CR Tax Rate +0.012799%
Year 2021 Assessed Value $200,552 Land Value $34,230 Improvement Value $166,322 Tax Amount $2,554.84 Change Rate +0.024119% Assessed CR Tax Rate +0.012739%
Year 2020 Assessed Value $200,552 Land Value $34,230 Improvement Value $166,322 Tax Amount $2,494.67 Change Rate Assessed CR Tax Rate +0.012439%
Year 2019 Assessed Value $200,552 Land Value $34,230 Improvement Value $166,322 Tax Amount $2,494.67 Change Rate +0.046562% Assessed CR Tax Rate +0.012439%
Year 2018 Assessed Value $175,723 Land Value $28,525 Improvement Value $147,198 Tax Amount $2,383.68 Change Rate +0.007426% Assessed CR Tax Rate +0.013565%
Year 2017 Assessed Value $175,723 Land Value $28,525 Improvement Value $147,198 Tax Amount $2,366.11 Change Rate +0.03489% Assessed CR Tax Rate +0.013465%
Year 2016 Assessed Value $175,723 Land Value $28,525 Improvement Value $147,198 Tax Amount $2,286.34 Change Rate -0.147403% Assessed CR Tax Rate +0.013011%
Year 2015 Assessed Value $193,717 Land Value $32,313 Improvement Value $161,404 Tax Amount $2,681.62 Change Rate Assessed CR Tax Rate +0.013843%
Year 2014 Assessed Value $193,717 Land Value $32,313 Improvement Value $161,404 Tax Amount $2,681.62 Change Rate Assessed CR Tax Rate +0.013843%