The property at 2504 Magnolia Tree Lane, Durham, NC 27703, built in 2014, is a 2,393 square foot Single Family and has 3 bedrooms and 2 bathrooms. It is situated on a lot that is 7,841 square feet and was last tax assessed in 2024 for a valuation of $471,829
The estimate for this property has experienced a -0.79% decrease in the past 6 months reaching a value of $525,686.
Property Tax History
Source: Public Records
| Year | Assessment |
|---|---|
| 2022 | $290,061 |
| 2021 | $290,061 |
| 2020 | $290,061 |
| 2019 | $290,061 +19.64% |
| 2018 | $242,453 |
| 2017 | $242,453 +9.24% |
| 2016 | $221,938 |
Valuation History
Source: Public Records
| Month | Valuation | Single Family Homes Sold | Median Sales Price/Sqft |
|---|---|---|---|
| Nov 2025 | $525,686 | - | - |
| Oct 2025 | $515,172 | - | - |
| Sep 2025 | $519,658 | - | - |
| Aug 2025 | $530,016 | - | - |
| Jul 2025 | $530,683 | - | - |
| Jun 2025 | $529,494 | - | - |
| May 2025 | $522,341 | - | - |
| Apr 2025 | $529,851 | - | - |
| Mar 2025 | $517,340 | - | - |
| Feb 2025 | $535,619 | - | - |
| Jan 2025 | $533,606 | - | - |
| Dec 2024 | $535,687 | - | - |
| Nov 2024 | $534,657 | - | - |
| Oct 2024 | $518,961 | - | - |
| Sep 2024 | $522,181 | - | - |
| Aug 2024 | $522,568 | - | - |
| Jul 2024 | $533,336 | - | - |
| Jun 2024 | $519,903 | - | - |
| May 2024 | $521,189 | - | - |
| Apr 2024 | $520,959 | - | - |
| Mar 2024 | $537,047 | - | - |
| Feb 2024 | $529,232 | - | - |
| Jan 2024 | $531,160 | - | - |
| Dec 2023 | $532,202 | - | - |
| Nov 2023 | $504,953 | - | - |
| Oct 2023 | $491,355 | - | - |
| Sep 2023 | $486,041 | - | - |
| Aug 2023 | $521,000 | - | - |
| Jul 2023 | $521,000 | - | - |
| Jun 2023 | $521,000 | - | - |
| May 2023 | $478,563 | - | - |
| Apr 2023 | $489,445 | - | - |
| Mar 2023 | $490,103 | - | - |
| Feb 2023 | $469,800 | - | - |
| Jan 2023 | $482,000 | - | - |
| Dec 2022 | $486,300 | - | - |
| Nov 2022 | $490,000 | - | - |
*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" |
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