The property at 2006 Magnolia Tree Lane, Durham, NC 27703, built in 2018, is a 2,460 square foot Single Family and has 3 bedrooms and 2 bathrooms. It is situated on a lot that is 6,534 square feet and was last tax assessed in 2025 for a valuation of $482,028
The estimate for this property has experienced a -2.77% decrease in the past 6 months reaching a value of $495,783.
Property Tax History
Source: Public Records
| Year | Assessment |
|---|---|
| 2023 | $288,737 |
| 2022 | $288,737 |
| 2021 | $288,737 |
| 2020 | $288,737 |
| 2019 | $288,737 +616.74% |
| 2018 | $40,285 |
Valuation History
Source: Public Records
| Month | Valuation | Single Family Homes Sold | Median Sales Price/Sqft |
|---|---|---|---|
| Oct 2025 | $495,783 | - | - |
| Sep 2025 | $504,459 | - | - |
| Aug 2025 | $491,666 | - | - |
| Jul 2025 | $502,089 | - | - |
| Jun 2025 | $493,181 | - | - |
| May 2025 | $504,393 | - | - |
| Apr 2025 | $499,766 | - | - |
| Mar 2025 | $509,898 | - | - |
| Feb 2025 | $508,782 | - | - |
| Jan 2025 | $511,941 | - | - |
| Dec 2024 | $507,436 | - | - |
| Nov 2024 | $524,954 | - | - |
| Oct 2024 | $533,556 | - | - |
| Sep 2024 | $532,632 | - | - |
| Aug 2024 | $532,741 | - | - |
| Jul 2024 | $541,189 | - | - |
| Jun 2024 | $530,033 | - | - |
| May 2024 | $538,097 | - | - |
| Apr 2024 | $534,696 | - | - |
| Mar 2024 | $549,478 | - | - |
| Feb 2024 | $540,488 | - | - |
| Jan 2024 | $547,092 | - | - |
| Dec 2023 | $552,604 | - | - |
| Nov 2023 | $509,548 | - | - |
| Oct 2023 | $503,620 | - | - |
| Sep 2023 | $482,508 | - | - |
| Aug 2023 | $528,387 | - | - |
| Jul 2023 | $520,414 | - | - |
| Jun 2023 | $522,274 | - | - |
| May 2023 | $486,763 | - | - |
| Apr 2023 | $495,650 | - | - |
| Mar 2023 | $501,411 | - | - |
| Feb 2023 | $479,000 | - | - |
| Jan 2023 | $499,100 | - | - |
| Dec 2022 | $498,900 | - | - |
*Market History, including Median Sales Price per square foot, and Single Family Homes Sold is based on historical data of Zip Code: 27703 - NC
Population & Environment
Source: Sperling's Best Places
| Zip | City | County | National | |
|---|---|---|---|---|
| Population | 65,003 | 273,707 | 323,069 | 335,858,263 |
| Population Density | 1,357 | 2,369 | 1,130 | 95 |
| People per Household | 2.6 | 2.3 | 2.3 | 2.6 |
| Median Age | 37.2 | 36.5 | 37.1 | 39.1 |
| Median Income | $68,687 | $62,500 | $65,198 | $66,222 |
| Average Income | $33,778 | $36,197 | $37,421 | $35,475 |
| Cost of Living Index | 102 | 90 | 92 | 100 |
| Zip | City | County | National | |
|---|---|---|---|---|
| January Avg. High Temp | 29.6°F | 27.8°F | 27.8°F | 22.6°F |
| July Avg. High Temp | 89.1°F | 88.6°F | 88.6°F | 86.2°F |
| Annual Precipitation | 43.05" | 48.04" | 48.04" | 38" |
Click Zestimate price to view details on Zillow. Zestimate data is provided "as is" via the Zestimate API. © Zillow, Inc., 2006-2022. Use is subject to Terms of Use.
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