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$373,328Estimated home value

Beds
3
Baths
2.5
sq ft
2,236

505 Magna Drive, Durham, NC 27703

505 Magna Drive

Durham, NC 27703

  • Sold On 11/7/2024
    • Price drop $5,100↓
Welcome to this beautiful single-family home in the Ridgefield community! The first floor boasts a bright, open floor plan featuring a large kitchen with a center island, perfect for gatherings. Enjoy spacious family and living rooms with ample natural light. Upstairs, the large primary suite offers a walk-in closet and a spacious bathroom, accompanied by two sizable bedrooms and a versatile bonus room. The backyard is fenced with a patio, perfect for outdoor relaxation. With a cozy front porch, a two-car garage, and recent interior updates (paint and carpet) this home is move-in ready. Fridge, washer, and dryer included! New Roof-2024.

Details

Property type

Single Family Residence

Est. home value

$373,328

Lot size

5,662.8 sq ft

Price per sq ft

$170

Year built

2005

Annual property taxes

$2,753.29

Monthly HOA fee

$20

Price History

11/07/2024
TriangleMLS

TriangleMLS #10051311

Sold
$372,500
-1.95%
09/24/2024
TriangleMLS

TriangleMLS #10051311

Pending
$379,900
09/16/2024
TriangleMLS

TriangleMLS #10051311

Price change
$379,900
-1.32%

Schools & Community

Elementary school: 

Durham - Glenn

Middle school: 

Durham - Neal

High school: 

Durham - Southern

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

State Employees Cu

Loan start date

June 2017

Original loan amount

$190,900

Est. remaining balance

Not provided

Interest rate

4.5%

Loan type

Adjustable Rate Mortgage, 30 year

Seller

Reginald Tomlinson

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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Status: Off Market

Tomo last checked: 11/08/2024 at 8:55 AM

Listing updated: 11/07/2024 at 7:30 PM

Listed by: Patricia Gillespie Hampton, Hampton & Company Real Estate Phone #: (919) 538-4279

MLS: TriangleMLS #10051311

TriangleMLS logo

Recently listed in Durham