4948 Southern Magnolia Dr

$340,000
Price
3
Beds
1,944 Sq. Ft.
$175 / Sq. Ft.
1,944
Sq. Ft.
$175
per Sq. Ft.

Description

Discover this nearly new 3-bedroom, 3.5-bath end-unit townhome close to Downtown Raleigh and the Neuse River trails. With open living, dining, and kitchen spaces flowing to a private deck, plus a flexible third bedroom perfect for a home office, this home blends comfort and versatility. Enjoy extra light, privacy, and a larger lot with a fantastic backyard overlooking trees, steps from the dog park. Low-maintenance living is mostly covered by the HOA, along with a 10-year builder warranty. Even better,...Discover this nearly new 3-bedroom, 3.5-bath end-unit townhome close to Downtown Raleigh and the Neuse River trails. With open living, dining, and kitchen spaces flowing to a private deck, plus a flexible third bedroom perfect for a home office, this home blends comfort and versatility. Enjoy extra light, privacy, and a larger lot with a fantastic backyard overlooking trees, steps from the dog park. Low-maintenance living is mostly covered by the HOA, along with a 10-year builder warranty. Even better, this property qualifies for special interest rates, incentives, and zero-down programs with preferred lenders.
  1. Listed by David Velasquez • The Insight Group

Property Details for 4948 Southern Magnolia Drive

View
Trees/Woods
View
Yes
Subdivision
Magnolia Trace
HOA Fees
$130.00
LISTING UPDATED: 12/15/2025 06:49 AM

Property Details for 4948 Southern Magnolia Drive

StatusActive
MLS #10124445
Days on Market98
Taxes$3,027 / year
HOA Fees$130 / month
Condo/Co-op Fees-
Compass TypeTownhouse
MLS TypeResidential / Attached
Year Built2021
Lot Size0.06 AC / 2,613 SF
CountyWake County

Location

Listing Courtesy of The Insight Group
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Virtual Tour

Building Information for 4948 Southern Magnolia Drive

Stories-Residences-Year Built2021Lot Size0.06 AC / 2,613 SF

Payment Calculator

$2,062 per month

30 year fixed, 6.28% Interest

Principal and Interest

$1,680

Property Taxes

$252

HOA Dues

$130

The Payment Calculator is for illustrative purposes only.

Property Information for 4948 Southern Magnolia Drive

Summary
Location and General Information
  • Directions: Start in Downtown Raleigh and get on I-40 West toward Durham/Chapel Hill. Continue for about 18 miles, then take Exit 276 for Fayetteville Road toward Southpoint. Turn left onto Fayetteville Road and drive about eight-tenths of a mile, then turn right onto Herndon Road. After about a mile and a half, turn right onto Southern Magnolia Drive, property is on the right
  • Subdivision Name: Magnolia Trace
  • Latitude: 35.812281
  • Longitude: -78.553576
  • Road Surface Type: Asphalt
Taxes and HOA Information
  • Association Fee Includes: Maintenance Grounds, Maintenance Structure, Pest Control
  • Association: Yes
  • Total HOA Dues: $130.00
  • HOA 1 Fees Required: Yes
  • Tax Annual Amount: $3,027.00
  • City Limits Of: Raleigh
  • City Limits YN: Yes
  • Lot Number: 111
  • Restrictive Covenants YN: Yes
Contract Information
  • Original MLS: Triangle MLS Inc
  • Property Leased YN: No
  • Years Owned: 1 or More Year(s)
School Information
  • Elementary School: Wake - Beaverdam
  • Middle Or Junior School: Wake - River Bend
  • High School: Wake - Rolesville
Parking
  • Open Parking: Yes
  • Parking Features: Garage
  • Attached Garage: Yes
  • Covered Spaces: 1.0
  • Garage Spaces: 1.0
  • Garage: Yes
Virtual Tour
Property
Lot Information
  • Building Area Total: 1944.0
  • Lot Features: Cleared, Landscaped
  • Architectural Style: Traditional
  • Total Other Area Sq Ft: 0
  • Parcel Number: 1735.17203856 0474750
  • Structure Type: Site Built, Townhouse
  • Enhanced Accessible: No
  • Primary Residence YN: Yes
Property and Assessments
  • New Construction: No
  • Photos Count: 35
  • Property Attached: Yes
  • Below Grade Finished Area: 0.0
  • Below Grade Finished Area Units: Square Feet
  • Common Walls: 1 Common Wall, End Unit
  • Community Features: Sidewalks, Street Lights
  • Senior Community: No
  • Builder Name: Lennar
Utilities
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected
  • Water Source: Public
  • Water_Sewer: Public, Public Sewer, Electricity Connected, Natural Gas Connected, Water Connected
Interior and Exterior Features
Exterior Features
  • Construction Materials: Concrete, Vinyl Siding
  • Exterior Features: Balcony, Rain Gutters
  • Foundation Details: Concrete, Slab
  • Patio And Porch Features: Deck
  • Pool Private: No
  • Roof: Shingle
  • New Construction Type: Concrete, Vinyl Siding, Site Built, Townhouse
Interior Features
  • Levels: Three Or More, Tri-Level
  • Flooring: Carpet, Vinyl, Tile
  • Cooling: Central Air, Electric
  • Cooling?: Yes
  • Heating: Central, Natural Gas
  • Heating?: Yes
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Gas Range, Microwave, Oven, Range, Refrigerator, Stainless Steel Appliance(s), Washer, Water Heater
  • Laundry Features: Electric Dryer Hookup, Laundry Closet, Washer Hookup
  • Interior Features: Granite Counters, Kitchen Island, Open Floorplan, Recessed Lighting, Smooth Ceilings, Walk-In Closet(s), Walk-In Shower
  • Equipment Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Gas Range, Microwave, Oven, Range, Refrigerator, Stainless Steel Appliance(s), Washer, Water Heater
  • Interior: Electricity Connected, Natural Gas Connected, Water Connected, Garage, Concrete, Vinyl Siding, Electric Dryer Hookup, Laundry Closet, Washer Hookup
  • Equipment: Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Gas Range, Microwave, Oven, Range, Refrigerator, Stainless Steel Appliance(s), Washer, Water Heater, Electric Dryer Hookup, Laundry Closet, Washer Hookup, Garage
Room Information
Room Information
  • Rooms Total: 6.0
Room 1
  • Room Dimensions: 18 x 12
  • Room Width: 12.0
  • Room Length: 18.0
  • Room Level: Third
  • Room Type: Primary Bedroom
Room 2
  • Room Dimensions: 13 x 11
  • Room Width: 11.0
  • Room Length: 13.0
  • Room Level: Third
  • Room Type: Bedroom 2
Room 3
  • Room Dimensions: 18 x 13
  • Room Width: 13.0
  • Room Length: 18.0
  • Room Level: First
  • Room Type: Bedroom 3
Room 4
  • Room Dimensions: 12 x 12
  • Room Width: 12.0
  • Room Length: 12.0
  • Room Level: Second
  • Room Type: Dining Room
Room 5
  • Room Dimensions: 18 x 12
  • Room Width: 12.0
  • Room Length: 18.0
  • Room Level: Second
  • Room Type: Family Room
Agent
Sale and Listing
  • Property Type: Residential
  • Property Class Name: CrossProperty

Property History for 4948 Southern Magnolia Drive

DateEvent & SourcePriceAppreciation
Dec 3, 2025

Price Change

TRIANGLEMLS #10124445

$340,000—
Oct 28, 2025

Price Change

TRIANGLEMLS #10124445

$350,000—
Oct 13, 2025

Price Change

TRIANGLEMLS #10124445

$359,000—
Sep 26, 2025

Listed (Active)

TRIANGLEMLS #10124445

$360,000—
May 13, 2021

Sold (Public Record)

Public Record #1466705790

$270,000—
May 13, 2021

Sold (Public Record)

Public Record #697414130

$270,000—
DateEvent & SourcePrice
12/03/2025

Price Change

TRIANGLEMLS #10124445

$340,000
10/28/2025

Price Change

TRIANGLEMLS #10124445

$350,000
10/13/2025

Price Change

TRIANGLEMLS #10124445

$359,000
09/26/2025

Listed (Active)

TRIANGLEMLS #10124445

$360,000
05/13/2021

Sold (Public Record)

Public Record #1466705790

$270,000
05/13/2021

Sold (Public Record)

Public Record #697414130

$270,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 4948 Southern Magnolia Drive

Taxable ValueLand$50,000Additions$294,755Total$344,755
Tax Record2025$3,027 ($252 / month)
Home Facts
Beds0Total Finished SqFt1,944 SqFtAbove Grade Finished SqFt1,944 SqFtStories2Lot Size2,614 SqFtStyleTownhouseYear Built2021ZoningR-10CountyWAKEAPN1735.17-20-3856 0474750

Schools near 4948 Southern Magnolia Drive

This home is within Wake County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
Beaverdam Elementary
PublicPK to 5

River Bend Middle
Public6 to 8

Rolesville High School
Public9 to 12

River Oaks Middle
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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4948 Southern Magnolia Drive is a townhouse for sale in Raleigh, NC 27604. This property was listed for sale on September 26, 2025 by The Insight Group, it's currently listed at $340,000. It has been on the market for a total of 98 days and was last sold on May 13, 2021. This listing's school district is Wake County School District. Nearby schools include Beaverdam Elementary, River Bend Middle and Rolesville High School. 4948 Southern Magnolia Drive is a 3-bed, 4-bath, 1,944 sqft townhouse built in 2021.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of The Insight Group

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