Back 2485 Magnolia Tree Lane
Off Market

2485 Magnolia Tree Lane

Durham NC 27703

3
3
1
0.15 ac.
Other
Last sold for $530,000
Jennifer BoswellJennifer Boswell, last sold this property on 01 June 2023 after 328 days on market.

Overview

Amazing Location in highly sought after Rustica Oaks! Situated in close proximity to RTP, Downtown Durham and Duke. Well maintained 3 bed 2.5 bath. Open living concept with beautiful sunroom. Living room wired with Martin Logan Helos 12 speakers. Large bonus that could be 4th bedroom. Spacious loft area for office area, entertaining or gaming. Amazing bar area on second floor. Owners retreat w/ trey ceiling, soaking tub, tile shower and oversized closet. Generously sized secondary bedrooms! Google Fiber laid in February of 2022. Google announced that Google Fiber connection would be available at some point in the near future. Community amenities include pool, 2 playgrounds and more!

Features

3 bedrooms
3 bathrooms
1 carspace
0.15 ac. lot size
Other

Estimated Value

Based on this property and similar 3 bedroom other properties sold in Durham over the last 12 months, the estimated median property value of 2485 Magnolia Tree Lane is $285k.

Median value
$285k
Estimated value range
$150k - $402k
Median days on market
49
Estimated value trend
-27%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Durham. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 2485 Magnolia Tree Lane

2023
Sold
$530,000
01 Jun 2023 by Jennifer Boswell, of Movil Realty
2023
Sold
$530,000
01 Jun 2023 by Kim McKeel, of RE/MAX United

Happy sellers in Durham

80%
80% of sellers in Durham reported that their sale price either exceeded or met their price expectations.

Durham stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Durham over the last 12 months.

Local market activity for 3 bedroom other properties in Durham

In the last 12 months, 4 three-bedroom other properties similar to 2485 Magnolia Tree Lane, have been sold.

This represents a 43% increase in three-bedroom other properties sales when compared to the previous 12 months.

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