4007 Magna Ln
Indian Trail, NC 28079
5 bd 3 ba 2,793 sqft Built 2005 Lot 7,840 sqft single_family
Most recent sale
$480,000
Aug 17, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 17, 2022 | Sold | $480,000 | MLS #3872527 |
| Jul 6, 2022 | Price changed | $480,000 | MLS #3872527 |
| Jun 22, 2022 | Price changed | $495,000 | MLS #3872527 |
| Jun 16, 2022 | Listed | $510,000 | MLS #3872527 |
| Feb 7, 2011 | Sold | $165,000 | MLS #991401 |
| Dec 29, 2010 | Listed | $170,000 | MLS #991401 |
| Jun 15, 2007 | Sold | $251,000 | Public Record |
| Jul 29, 2005 | Sold | $225,500 | Public Record |
| Apr 12, 2005 | Sold | $177,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $340,000 | $92,000 | $432,000 | $2,801 |
| 2024 | $340,000 | $92,000 | $432,000 | $2,562 |
| 2023 | $244,800 | $58,300 | $303,100 | $2,509 |
| 2022 | $244,800 | $58,300 | $303,100 | $2,509 |
| 2021 | $244,800 | $58,300 | $303,100 | $2,505 |
| 2020 | $184,500 | $37,000 | $221,500 | $2,169 |
| 2019 | $184,500 | $37,000 | $221,500 | $2,160 |
| 2018 | $184,500 | $37,000 | $221,500 | $2,160 |
| 2017 | $184,500 | $37,000 | $221,500 | $2,258 |
| 2016 | $184,500 | $37,000 | $221,500 | $2,215 |
| 2015 | $184,500 | $37,000 | $221,500 | $2,235 |
| 2014 | $183,820 | $44,000 | $227,820 | $1,799 |
| 2013 | $183,820 | $44,000 | $227,820 | $1,559 |
| 2012 | $183,820 | $44,000 | $227,820 | $1,559 |
| 2011 | $183,820 | $44,000 | $227,820 | $373 |
| 2010 | $183,820 | $44,000 | $227,820 | $1,565 |
| 2009 | $183,820 | $44,000 | $227,820 | $1,559 |
| 2008 | $183,820 | $44,000 | $227,820 | $1,559 |
| 2007 | $173,170 | $32,400 | $205,570 | $1,496 |
Property facts
Year built
2005
Property type
single_family
Stories
2
Beds
5
Baths
3
Living area
2,793 sqft
Lot size
7,840 sqft
ZIP code
28079
City
Indian Trail
Street
Magna Ln
Coordinates
35.03128, -80.66910
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
$3,771
Gross rental yield
9.43%
Implied cap rate
6.13%
Trend-extrapolated value
—
Frequently asked questions
When did 4007 Magna Ln last sell?
4007 Magna Ln most recently sold on Aug 17, 2022 for $480,000.
What is the current tax assessment for 4007 Magna Ln?
The most recent total assessment for 4007 Magna Ln (year 2025) is $432,000 with $2,801 in property tax.
How does 4007 Magna Ln's assessment compare to its last sale price?
The current assessment is 10.0% below the last sale price of $480,000.
When was 4007 Magna Ln built?
4007 Magna Ln was built in 2005.
How does 4007 Magna Ln compare to others on Magna Ln?
We track 8 other properties on Magna Ln. Browse the list under "Other properties on Magna Ln" to compare beds, baths, and sale history.
What are the property facts for 4007 Magna Ln?
4007 Magna Ln is a 5 bed, 3 bath, 2,793 sqft, 7,840 sqft lot single_family.
Is 4007 Magna Ln a flip candidate?
No — 4007 Magna Ln does not appear in our flips dataset.
Is 4007 Magna Ln a tax-appeal candidate?
No — 4007 Magna 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
-0.8%
Implied 1-yr
-3.4%
2026 Q3
$412.3K
2026 Q4
$408.6K
ZIP 28079 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Magna Ln