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505 Magna Dr; Durham, NC Property Details

505 Magna Dr, Durham, NC is a Single Family that was built in 2005. This property is currently Financed and is not for sale. Our records show that 505 Magna Dr has 4 bedrooms, and 2.5 bathrooms, and a total of 2,201 square feet. The lot size of 505 Magna Dr is 5,663 square feet.

Off market
505 Magna Dr Durham, NC 27703
$372,500 Listing Price
4 Beds
2.5 Baths
2,201 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2005
  • Purchase Price: $372,500
  • Open Loans / Balance: 1 / $356,404
  • Est. Equity / %: $18,596 / 4.96%
  • Gross Yield: 6.496%
  • APN: 201007
  • Situs County: Durham
  • Length Of Ownership: 1 year, 8 months

Rooms

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

Structure

  • Stories: 2

Measurements

  • Total: 2,201/SqFt
  • Lot: 5,663/SqFt
  • Living: 2,201/SqFt
  • Building: 2,201/SqFt
  • Ground: 1,904/SqFt
  • Price Per Square Foot: $169.24

Legal Description

  • Description: RIDGEWOOD/RIDGEFIELD/PH:0 8B/LT#179 PL:000163-000127
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: 36.00651 / -78.81152
  • 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

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

Taxes

505 Magna Dr has 10 associated Taxes items

505 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 $391,783. The APN we've located for 505 Magna Dr is 201007.

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Taxes
  • Assessed Value:  $391,783
  • Assessed Year:  2025
  • Assessed County:  Durham
  • APN:  201007
  • Assessed Land Value:  70625
  • Market Land Value:  70625
  • Tax Amount:  3883.74
  • Tax Year:  2025
  • Market Value:  391783
  • Market Year:  2025

Tax History

505 Magna Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $391,783 Land Value $70,625 Improvement Value $321,158 Tax Amount $3,883.74 Change Rate +0.410582% Assessed CR Tax Rate +0.009913%
Year 2024 Assessed Value $197,383 Land Value $33,930 Improvement Value $163,453 Tax Amount $2,753.29 Change Rate +0.064892% Assessed CR Tax Rate +0.013949%
Year 2023 Assessed Value $197,383 Land Value $33,930 Improvement Value $163,453 Tax Amount $2,585.51 Change Rate +0.023437% Assessed CR Tax Rate +0.013099%
Year 2022 Assessed Value $197,383 Land Value $33,930 Improvement Value $163,453 Tax Amount $2,526.3 Change Rate +0.004709% Assessed CR Tax Rate +0.012799%
Year 2021 Assessed Value $197,383 Land Value $33,930 Improvement Value $163,453 Tax Amount $2,514.46 Change Rate +0.024116% Assessed CR Tax Rate +0.012739%
Year 2020 Assessed Value $197,383 Land Value $33,930 Improvement Value $163,453 Tax Amount $2,455.25 Change Rate Assessed CR Tax Rate +0.012439%
Year 2019 Assessed Value $197,383 Land Value $33,930 Improvement Value $163,453 Tax Amount $2,455.25 Change Rate +0.067983% Assessed CR Tax Rate +0.012439%
Year 2018 Assessed Value $169,477 Land Value $28,275 Improvement Value $141,202 Tax Amount $2,298.96 Change Rate +0.007432% Assessed CR Tax Rate +0.013565%
Year 2017 Assessed Value $169,477 Land Value $28,275 Improvement Value $141,202 Tax Amount $2,282 Change Rate +0.034892% Assessed CR Tax Rate +0.013465%
Year 2016 Assessed Value $169,477 Land Value $28,275 Improvement Value $141,202 Tax Amount $2,205.06 Change Rate -0.131969% Assessed CR Tax Rate +0.013011%
Year 2015 Assessed Value $183,508 Land Value $30,360 Improvement Value $153,148 Tax Amount $2,540.3 Change Rate Assessed CR Tax Rate +0.013843%
Year 2014 Assessed Value $183,508 Land Value $30,360 Improvement Value $153,148 Tax Amount $2,540.3 Change Rate Assessed CR Tax Rate +0.013843%