4948 Southern Magnolia Dr

1,944 Sq. Ft.
$175 / Sq. Ft.
1,944
Sq. Ft.
$175
per Sq. Ft.

Description

Nearly new end-unit townhome offering exceptional value--priced below taxes value--in a convenient Raleigh location near Downtown and the Neuse River Greenway. This 3-bedroom, 3.5-bath home features a bright, open layout where the living, dining, and kitchen areas connect seamlessly to a private deck, creating an ideal space for everyday living and entertaining. The flexible third bedroom works perfectly as a home office, guest suite, or bonus space. As an end unit, the home benefits from added natural...Nearly new end-unit townhome offering exceptional value--priced below taxes value--in a convenient Raleigh location near Downtown and the Neuse River Greenway. This 3-bedroom, 3.5-bath home features a bright, open layout where the living, dining, and kitchen areas connect seamlessly to a private deck, creating an ideal space for everyday living and entertaining. The flexible third bedroom works perfectly as a home office, guest suite, or bonus space. As an end unit, the home benefits from added natural light, enhanced privacy, and a larger lot with a backyard that backs to trees--just steps from the neighborhood dog park. Enjoy low-maintenance living with most exterior upkeep handled by the HOA, plus the confidence of a remaining 10-year builder warranty. Buyers also have access to preferred lender programs offering incentives and interest rate discounts, with potential zero-down options available. A strong combination of location, condition, and financial advantage--ready for its next owner.
  1. Listed by David Velasquez • The Insight Group
  2. Listed by Oscar Corrales • The Insight Group

Property Details for 4948 Southern Magnolia Drive

View
Trees/Woods
View
Yes
Subdivision
Magnolia Trace
HOA Fees
$130.00
LISTING UPDATED: 04/20/2026 03:29 PM

Property Details for 4948 Southern Magnolia Drive

StatusPending
MLS #10155333
Days on Market25
Taxes$3,027 / year
HOA Fees$130 / month
Condo/Co-op Fees-
Property 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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Building Information for 4948 Southern Magnolia Drive

Stories2Residences-Year Built2021Lot Size0.06 AC / 2,613 SF

Payment Calculator

$2,094 per month

30 year fixed, 6.46% Interest

Principal and Interest

$1,712

Property Taxes

$252

HOA Dues

$130

The Payment Calculator is for illustrative purposes only.

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Property Information for 4948 Southern Magnolia Drive

Summary
Location and General Information
  • Directions: From downtown Raleigh, take I-440 E to US-64 E/Business (New Bern Ave), continue east, turn left onto Rogers Lane, then right onto Southern Magnolia Drive -- the property will be on your right.
  • Subdivision Name: Magnolia Trace
  • Latitude: 35.812293
  • Longitude: -78.553595
  • 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: $3,026.61
  • 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)
  • Due Diligence Expiration Date: 2026-05-02
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: 33
  • 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
  • Stories: 2
  • Master Bedroom 1st Floor: 1
  • 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
Apr 20, 2026

Pending

TRIANGLEMLS #10155333

—
Mar 26, 2026

Listed (Active)

TRIANGLEMLS #10155333

$339,900—
Feb 13, 2026

Withdrawn

TRIANGLEMLS #10124445

—
DateEvent & SourcePrice
04/20/2026

Pending

TRIANGLEMLS #10155333

—
03/26/2026

Listed (Active)

TRIANGLEMLS #10155333

$339,900
02/13/2026

Withdrawn

TRIANGLEMLS #10124445

—

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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Listing Courtesy of The Insight Group

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