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7012 Magna Ln

Indian Trail, NC 28079

5 bd 4 ba 3,194 sqft Built 2009 Lot 12,197 sqft single_family
Most recent sale
$580,000
Jun 3, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 3, 2022 Sold $580,000 MLS #3852400
Apr 23, 2022 Listed $557,000 MLS #3852400
Aug 20, 2014 Sold $254,900 MLS #2220617
Jun 30, 2014 Sold $253,500 Public Record
May 6, 2014 Price changed $254,900 MLS #2220617
Apr 9, 2014 Listed $264,900 MLS #2220617
Nov 30, 2012 Sold $269,900 MLS #927198
Jun 21, 2010 Sold $270,000 Public Record
Mar 24, 2010 Listed $269,900 MLS #927198
Dec 31, 2009 Sold $208,000 Public Record
Nov 6, 2009 Sold $935,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $397,700 $92,000 $489,700 $3,170
2024 $397,700 $92,000 $489,700 $2,841
2023 $277,000 $58,300 $335,300 $2,781
2022 $277,000 $58,300 $335,300 $2,781
2021 $277,000 $58,300 $335,300 $2,776
2020 $215,000 $37,000 $252,000 $2,470
2019 $215,000 $37,000 $252,000 $2,460
2018 $215,000 $37,000 $252,000 $2,460
2017 $215,000 $37,000 $252,000 $2,571
2016 $215,000 $37,000 $252,000 $2,522
2015 $215,000 $37,000 $252,000 $2,544
2014 $212,280 $44,000 $256,280 $2,023
2013 $212,280 $44,000 $256,280 $1,753
2012 $212,280 $44,000 $256,280 $1,753
2011 $212,280 $44,000 $256,280 $2,132
2010 $149,380 $44,000 $193,380 $1,328
2009 $44,000 $44,000 $301
2008 $44,000 $44,000 $301
2007 $32,400 $32,400 $235

Property facts

Year built
2009
Property type
single_family
Stories
2
Beds
5
Baths
4
Living area
3,194 sqft
Lot size
12,197 sqft
ZIP code
28079
City
Indian Trail
Street
Magna Ln
Coordinates
35.03134, -80.66362

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,312
Gross rental yield
8.92%
Implied cap rate
5.80%
Trend-extrapolated value

Frequently asked questions

When did 7012 Magna Ln last sell?
7012 Magna Ln most recently sold on Jun 3, 2022 for $580,000.
What is the current tax assessment for 7012 Magna Ln?
The most recent total assessment for 7012 Magna Ln (year 2025) is $489,700 with $3,170 in property tax.
How does 7012 Magna Ln's assessment compare to its last sale price?
The current assessment is 15.6% below the last sale price of $580,000.
When was 7012 Magna Ln built?
7012 Magna Ln was built in 2009.
How does 7012 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 7012 Magna Ln?
7012 Magna Ln is a 5 bed, 4 bath, 3,194 sqft, 12,197 sqft lot single_family.
Is 7012 Magna Ln a flip candidate?
No — 7012 Magna Ln does not appear in our flips dataset.
Is 7012 Magna Ln a tax-appeal candidate?
No — 7012 Magna Ln is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.8%
Implied 1-yr
-3.4%
2026 Q3
$412.3K
2026 Q4
$408.6K
ZIP 28079 — Median Price History + Forecast

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