2503 Magnolia Tree Ln
Durham, NC 27703
3 bd 3 ba 2,500 sqft Built 2015 Lot 7,318 sqft single_family
Most recent sale
$515,000
Aug 25, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 25, 2022 | Sold | $515,000 | MLS #2462246 |
| Jul 28, 2022 | Price changed | $515,000 | MLS #2462246 |
| Jul 14, 2022 | Listed | $525,000 | MLS #2462246 |
| Sep 9, 2015 | Sold | $244,000 | Public Record |
| Jul 8, 2014 | Sold | $312,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $395,527 | $87,750 | $483,277 | $4,160 |
| 2023 | $239,894 | $58,400 | $298,294 | $3,907 |
| 2022 | $239,894 | $58,400 | $298,294 | $3,817 |
| 2021 | $239,894 | $58,400 | $298,294 | $3,800 |
| 2020 | $239,894 | $58,400 | $298,294 | $3,710 |
| 2019 | $239,894 | $58,400 | $298,294 | $3,710 |
| 2018 | $206,173 | $40,880 | $247,053 | $3,351 |
| 2017 | $206,173 | $40,880 | $247,053 | $3,327 |
| 2016 | $206,173 | $40,880 | $247,053 | $3,214 |
| 2015 | — | $46,057 | $46,057 | $638 |
| 2014 | — | $46,057 | $46,057 | $638 |
| 2013 | — | $11,514 | $11,514 | $155 |
Property facts
Year built
2015
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
2,500 sqft
Lot size
7,318 sqft
ZIP code
27703
City
Durham
Street
Magnolia Tree Ln
Coordinates
35.95001, -78.88028
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,375
Gross rental yield
7.86%
Implied cap rate
5.11%
Trend-extrapolated value
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Frequently asked questions
When did 2503 Magnolia Tree Ln last sell?
2503 Magnolia Tree Ln most recently sold on Aug 25, 2022 for $515,000.
What is the current tax assessment for 2503 Magnolia Tree Ln?
The most recent total assessment for 2503 Magnolia Tree Ln (year 2024) is $483,277 with $4,160 in property tax.
How does 2503 Magnolia Tree Ln's assessment compare to its last sale price?
The current assessment is 6.2% below the last sale price of $515,000.
When was 2503 Magnolia Tree Ln built?
2503 Magnolia Tree Ln was built in 2015.
How does 2503 Magnolia Tree Ln compare to others on Magnolia Tree Ln?
We track 8 other properties on Magnolia Tree Ln. Browse the list under "Other properties on Magnolia Tree Ln" to compare beds, baths, and sale history.
What are the property facts for 2503 Magnolia Tree Ln?
2503 Magnolia Tree Ln is a 3 bed, 3 bath, 2,500 sqft, 7,318 sqft lot single_family.
Is 2503 Magnolia Tree Ln a flip candidate?
No — 2503 Magnolia Tree Ln does not appear in our flips dataset.
Is 2503 Magnolia Tree Ln a tax-appeal candidate?
No — 2503 Magnolia Tree Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-2.9%
Implied 1-yr
-11.6%
2026 Q3
$387.1K
2026 Q4
$373.3K
ZIP 27703 — Median Price History + Forecast
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Geography
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