tomo logo

$499,900

Beds
3
Baths
2.5
sq ft
2,137

2022 Magnolia Tree Lane, Durham, NC 27703

2022 Magnolia Tree Lane

Durham, NC 27703

  • Pending
Welcome to this amazing home with an abundance of space! Open floor plan boasts a generous living room with soaring ceilings and incredible natural light. The kitchen offers excellent counter and cabinet space for cooking and entertaining, and don't miss the walk-in pantry. The separate dining area is out of this world. Tucked away off the kitchen is a flex space ideal for an at-home office. Enjoy the view from the sunroom overlooking the spacious fenced backyard. The primary bedroom and bath create a desirable place to relax. The second floor features two more sizable bedrooms. Community amenities include pool and playground! Conveniently located near RTP, Downtown Durham, 147 and shopping.

Details

Property type

Single Family Residence

Est. home value

$471,376

Lot size

0.25 acres

Price per sq ft

$234

Year built

2018

Annual property taxes

$3,529

Monthly HOA fee

$58

Price History

08/10/2024
TriangleMLS

TriangleMLS #10043559

Pending
$499,900
07/26/2024
TriangleMLS

TriangleMLS #10043559

Listed
$499,900
+5.24%
07/05/2022
TriangleMLS

TriangleMLS #2452902

Sold
$475,000
+68.85%

Schools & Community

Elementary school: 

Durham - Harris

Middle school: 

Durham - Lowes Grove

High school: 

Durham - Hillside

Community features: 

Pool

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$45,761
Asking price
$499,900
Closing costs (~8% of asking)
-$39,992
Est. remaining loan balance
-$414,147
Cash to seller
$45,761

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Prosperity Home Mortgage Llc

Loan start date

June 2022

Original loan amount

$427,500

Est. remaining balance

$414,147

Interest rate

5.3%

Loan type

New Conventional, 30 year

Seller

Walter C Nealing Jr

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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2306 Magnolia Tree Lane, Durham, NC 27703

Status: Pending/Under Contract

Tomo last checked: 09/07/2024 at 11:25 PM

Listing updated: 08/23/2024 at 9:44 AM

Listed by: Gina Crouse, Nest Realty of the Triangle Phone #: (919) 948-6378

MLS: TriangleMLS #10043559

TriangleMLS logo

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