Sold for $1,850,000

$1,850,000

151 Steel Magnolia Ln, Semora, NC 27343

5beds

5,250sqft

Single Family Residence, Residential

Built in 1995

11.73 Acres Lot

$2,036,500 Zestimate^®

$352/sqft

$3,705 Estimated rent

Home value

$2,036,500

$1.83M - $2.30M

$3,705/mo

Zestimate^® history

Owner options

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$3,705/mo

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$3,705/mo

Rent Zestimate^®

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$11,123/mo

Est. payment

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$11,123/mo

Est. payment

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What's special

Detached workshopAmazing viewsBeautiful landscapingHardwood floorsMaster bathStorage galoreCircular drive

11.73 acres on Hyco Lake! Very rare opportunity! 1,444 ft of shoreline on northern side that has amazing views everywhere! Deep water! Designed for living on Hyco...amazing concrete driveway in with gorgeous trees lining it, privacy, storage galore, 3 car attached garage, detached workshop (that has a half bath...would be great conversion to a guest house), boathouse, circular drive, 5 bedroom septic! Hardwood floors! Beautiful landscaping! House has dramatic entrance with stunning staircase! Wonderful back patio! Master bedroom has it's own fireplace, sitting area, and boasts 560 sqft! Master bath has marble and soaking tub with wonderful views of Hyco! Washer/dryer on each level! So much to offer! Location is so convenient to Durham, Chapel Hill, Raleigh, Burlington, and Greensboro! Don't miss this hard to find property!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 5
Full bathrooms: 3
1/2 bathrooms: 2

Heating

Electric, Heat Pump

Cooling

Central Air

Appliances

Included: Electric Water Heater
Laundry: Main Level, Multiple Locations, Upper Level

Features

Entrance Foyer, Granite Counters, High Ceilings, Living/Dining Room Combination, Walk-In Shower
Flooring: Hardwood, Tile
Number of fireplaces: 3
Fireplace features: Family Room, Gas Log, Great Room, Master Bedroom

Interior area

Total structure area: 5,250
Total interior livable area: 5,250 sqft
Finished area above ground: 5,250
Finished area below ground: 0

Property

Parking

Total spaces: 4
Parking features: Circular Driveway, Concrete, Driveway, Garage, Garage Faces Rear, Workshop in Garage
Garage spaces: 4

Features

Levels: Two
Stories: 2
Patio & porch: Patio
Has view: Yes
Waterfront features: Lake
Body of water: Hyco Lake

Lot

Size: 11.73 Acres
Dimensions: 11.73
Features: Garden, Landscaped, Open Lot

Details

Parcel number: A249C
Horses can be raised: Yes

Construction

Type & style

Home type: SingleFamily
Architectural style: Traditional
Property subtype: Single Family Residence, Residential

Materials

Brick
Foundation: Slab

Condition

New construction: No
Year built: 1995

Utilities & green energy

Sewer: Septic Tank
Water: Well

Community & neighborhood

Location

Region: Semora
Subdivision: Hyco Lake

HOA & financial

HOA

Has HOA: Yes
HOA fee: $300 annually
Services included: Road Maintenance

Other financial information

Additional fee information: Second HOA Fee $217.25 Annually

Price history

Date	Event	Price
5/3/2024	Sold	$1,850,000-7.5%$352/sqft
Source: Doorify MLS #2541417 Report a problem
4/9/2024	Pending sale	$1,999,999$381/sqft
Source: Doorify MLS #2541417 Report a problem
11/10/2023	Listed for sale	$1,999,999-20%$381/sqft
Source: Doorify MLS #2541417 Report a problem
10/4/2023	Listing removed	--
Source: Doorify MLS #2497746 Report a problem
3/22/2023	Price change	$2,500,000-9.1%$476/sqft
Source: Doorify MLS #2497746 Report a problem
3/3/2023	Listed for sale	$2,750,000$524/sqft
Source: Doorify MLS #2497746 Report a problem
2/28/2023	Listing removed	--
Source: Doorify MLS #2458858 Report a problem
7/28/2022	Listed for sale	$2,750,000$524/sqft
Source: Doorify MLS #2458858 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$12,333 +57.5%	$1,839,238 +20.6%
2024	$7,831 -33.6%	$1,525,537
2023	$11,795 -1.8%	$1,525,537
2022	$12,007 +2.7%	$1,525,537
2021	$11,688 +12.9%	$1,525,537 +13.5%
2020	$10,351 -1.5%	$1,344,376
2019	$10,509	$1,344,376
2018	$10,509 +8.2%	$1,344,376
2017	$9,715	$1,344,376
2016	$9,715 -0.1%	$1,344,376
2015	$9,728 +0.7%	$1,344,376
2014	$9,656	$1,344,376 +2.5%
2012	--	$1,310,950
2011	$9,442	$1,310,950 0%
2010	--	$1,311,338