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$339,900

  • Sold
  • Closed
  • Townhouse
  • 3 Beds
  • 3 Full Baths
  • 1 Partial Bath
  • 1,944 Sq. Ft.
  • 0.06 Acres
  • 1 Car Garage
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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.

Full Property Details for 4948 Southern Magnolia Dr

General

  • Sold For: $339,900
  • HOA FEE: $130/month
  • Taxes: $3,026 (2025)
  • Status: Closed
  • Type: Townhouse
  • Source: 2218
  • MLS ID: 10155333
  • Added to Site: 220 day(s) ago

Interior

  • Number of Rooms: 6
  • Interior Features: Granite Counters, Kitchen Island, Open Floorplan, Recessed Lighting, Smooth Ceilings, Walk-In Closet(s), Walk-In Shower
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Gas Range, Microwave, Oven, Range, Refrigerator, Stainless Steel Appliance(s), Washer, Water Heater
  • Flooring: Carpet, Luxury Vinyl, Tile

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 3

Other Rooms

  • Laundry: Electric Dryer Hookup, Laundry Closet, Washer Hookup

Additional Information

  • Shared Amenities: Dog Park, Landscaping, Maintenance, Maintenance Grounds, Parking

Exterior

  • Exterior Features: Balcony, Rain Gutters
  • Porch/Patio/Deck: Deck

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 1
  • Total Spaces: 2
  • Parking Features: Garage

Location

  • County: Wake
  • Subdivision: Magnolia Trace

School Information

  • Elementary School: Wake - Beaverdam
  • Middle School: Wake - River Bend
  • High School: Wake - Rolesville

Community

  • Association: Yes
  • Assoc. Name: CAMS
  • Assoc. Fees Include: Maintenance Grounds, Maintenance Structure, Pest Control

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air, Electric
  • Heating Type: Central, Natural Gas
  • Water Heater: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Electricity Connected, Natural Gas Connected, Water Connected

Structural Information

  • Architectural Style: Traditional
  • Structure Type: Site Built, Townhouse
  • Builder: Lennar
  • Exterior Const.: Concrete, Vinyl Siding
  • Roof: Architectural Shingle
  • Common Walls: 1 Common Wall, End Unit
  • Stories/Levels: 2
  • Building Size: 1944
  • Square Feet: 1,944
  • Living Area: 1,944 Sq. Ft.
  • Finished Above Grnd: 1,944 Sq. Ft.
  • Year Built: 2021

Lot Features

  • Property View: Trees/Woods
  • Lot Size (Acres): 0.06
  • Lot Size (Sq. Ft.): 2,614
  • Street/Road Desc.: Asphalt
  • Lot Features: Cleared, Landscaped

Financial Considerations

  • Association Fee: Yes
  • Association Fee: $130
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $3,026.61
  • Tax Year: 2025
  • Terms: Cash, Conventional, FHA, VA Loan

Disclosures and Reports

  • Special Conditions: Standard
  • APN: 1735.17-20-3856 0474750
  • Lot Number: 111

Listed by The Insight Group, David Velasquez (919) 908-4659 and The Insight Group, Oscar Corrales (919) 349-7110
Sold by Coldwell Banker HPW, James Parker

Listing agents

— 4948 Southern Magnolia Dr —

  • David Velasquez

    The Insight Group

  • Oscar Corrales

    The Insight Group

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 4948 Southern Magnolia Dr

School District:Wake County Schools
NameGradesDistance
Beaverdam Elementary
3591 Tarheel Club Road, Raleigh, NC 27604
PK-51.5 mi
River Bend Middle, Raleigh, NC
5601 Wallace Martin Way, Raleigh, NC 27616
6-83.6 mi
Rolesville High School
1099 East Young Street, Rolesville, NC 27571
9-129 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 4948 Southern Magnolia Dr

Date
Details
Price
Change
Source
5/21/2026
Sold
$339,900
—
MLS
3/26/2026
Listed
$339,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by The Insight Group, David Velasquez (919) 908-4659 and The Insight Group, Oscar Corrales (919) 349-7110
Sold by Coldwell Banker HPW, James Parker

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4948 Southern Magnolia Drive, Raleigh, NC 27604 (MLS# 10155333) is a Townhouse property that was sold at $339,900 on May 21, 2026. Want to learn more about 4948 Southern Magnolia Drive? Do you have questions about finding other Townhouse real estate for sale in Raleigh? You can browse all Raleigh real estate or contact a Coldwell Banker agent to request more information.