tomo logo

$485,000

Beds
3
Baths
2.5
sq ft
2,360

2217 Magnolia Tree Lane, Durham, NC 27703

2217 Magnolia Tree Lane

Durham, NC 27703

  • <1 day on market
Light, Bright & Beautiful...3 words that best describe 2217 Magnolia Tree in the welcoming Durham community of Rustica Oaks! As you walk into the light-filled entryway, your eyes are naturally drawn to the wooded views that surround this home, filling the space with natural light & energy. Beautiful hardwood floors grace the open concept living area and the connection to the kitchen & living areas makes this floorplan ideal for hosting large gatherings with comfort & ease! Boasting 3 full bedrooms and a HUGE BONUS room on the second level, PLUS a functional home office on the main level, combine to make this one of the most popular floorplans in the neighborhood! Seller has enjoyed cost savings in the energy-efficient Mungo-built home and you'll find the 240 volt EV charger outlet, the tankless water heater, and ample storage options in the garage. Don't miss the huge, tall crawl space that is more than enough to store all of your play equipment, yard toys and garden tools (potting table to convey)! Speaking of gardening, the seller has planted lots of healthy, native landscaping throughout the entire yard making for easier yard maintenance. All appliances will convey, including the gas grill and compost bin out back, too. Around the corner from the neighborhood swimming pool and playground and easy access to Downtown Durham make for an awesome location! Make plans to see this property today - you'll be glad you did!

Details

Property type

Single Family Residence

Est. home value

$482,450

Lot size

4,791.6 sq ft

Price per sq ft

$206

Year built

2018

Annual property taxes

$3,837

Monthly HOA fee

$60

Price History

04/02/2025
TriangleMLS

TriangleMLS #10086242

Listed
$485,000
+58.28%
04/09/2018
TriangleMLS

TriangleMLS #2178579

Sold
$306,424

Schools & Community

Elementary school: 

Durham - Harris

Middle school: 

Durham - Lowes Grove

High school: 

Durham - Hillside

Community features: 

Pool, Playground, Street Lights

Seller’s Loan History

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

Lender

Corporate Investors Mortgage Group Inc

Loan start date

July 2020

Original loan amount

$271,900

Est. remaining balance

$244,517

Interest rate

3.28%

Loan type

New Conventional, 30 year

Seller

Nancy Marie Outzs

Lender

On Q Financial Inc

Loan start date

April 2018

Original loan amount

$275,782

Est. remaining balance

$239,981

Interest rate

4.4%

Loan type

New Conventional, 30 year

Seller

Nancy M Outzs

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?

Status: Active

Tomo last checked: 04/03/2025 at 10:05 AM

Listing updated: 04/02/2025 at 12:12 PM

Listed by: Nicolle D Mercer, Keller Williams Elite Realty Phone #: (984) 244-5830

MLS: TriangleMLS #10086242

TriangleMLS logo

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