NOT LISTED FOR SALE

1012 Mill Pointe Way Elon, NC 27244

Estimated Value: $581,000 - $690,000

5 Beds
3.5 Baths
2,721 Sq Ft
$240/Sq Ft Est. Value

Last Sold June 20, 2022

Last sale price $590,000 $217 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,747/month

2 Days on Market

Highlights

  • Deck
  • Attic
  • Granite Countertops
  • Wood Flooring
  • 1 Fireplace
  • Fenced Yard

About This Home

As of June 2022

Executive home in desirable Mill Pointe, located in close proximity to Elon University and Alamance Country Club. Open Floorplan with 2-story great room with coffered ceiling, eat-in kitchen with granite countertops and tile backsplash, and dining room, all with hardwood floors and plantation shutters. Primary Bedroom on main level with large private sitting area and bathroom with double sinks, garden tub, and walk-in tiled shower. Cozy sunroom overlooking backyard with access to deck. Upstairs there are views to the great room and foyer from the breezeway with four bedrooms and two full baths. Rom over garage functions as 5th bedroom with direct access to a full bath, but would also make a great bonus/recreation room. Large deck with fenced in backyard, in-ground permanent basketball goal with glass backboard. All offers due by 10:00 pm on 04/21.

Last Agent to Sell the Property

Bert Ward

ALAMANCE APPRAISALS-BLACK DIAMOND REAL ESTATE LLC License #172384 Listed on: 04/20/2022

Co-Listed By

Mary Staton Ward

ALAMANCE APPRAISALS-BLACK DIAMOND REAL ESTATE LLC License #277653

Last Buyer's Agent

Ashton Dixon

eXp Realty, LLC #2 License #325581

eXp Realty, LLC #2

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,795

Year Built

  • 2004

Lot Details

  • 0.37 Acre Lot
  • Fenced Yard
  • Fenced
  • Landscaped
  • Rectangular Lot
  • Irrigation Equipment

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1.5-Story Property
  • Built-In Features
  • Coffered Ceiling
  • 1 Fireplace
  • Pull Down Stairs to Attic

Kitchen

  • Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Outdoor Features

  • Deck
  • Porch

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Gas
  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 115135

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,795

Year Built

2004

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.37
  • Co List Office Mls Id: 77056
  • Co List Office Phone: 336-213-0989
  • Directions: S. Church St heading West, turn Right onto Forestdale Dr (by American National Bank), 2nd right onto Truitt Dr all the way to Mill Pointe subdivision. Left onto Mill Pointe Way past Muirfield Condos, home located on left just past Birkdale Villas.
  • Unit Levels: One and One Half
  • Year Built: 2004
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Gas Range, Microwave, Oven, Range, Range Hood
  • Other Equipment: Irrigation Equipment
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Wood
  • Interior Amenities: Attic, Built-in Features, Coffered Ceiling(s), Granite Counters, Other, Pull Down Attic Stairs

Exterior Features

  • Fencing: Fenced
  • Lot Features: Landscaped, Rectangular Lot
  • Construction Type: Brick
  • Exterior Features: Fence
  • Patio And Porch Features: Deck, Porch

Garage/Parking

  • Parking Features: Attached, Paved

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Utilities: Cable Available, Underground Utilities

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Association Fee: 500.0
  • Association Fee Frequency: Annually

Lot Info

  • Lot Size Sq Ft: 16030.0
  • Parcel #: 115135
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2022
Closed on
May 24, 2022
Sold by
Ward Michael K and Ward Elizabeth O
Bought by
Stierle George P and Stanton Svitlana
Seller's Agent
Bert Ward
ALAMANCE APPRAISALS-BLACK DIAMOND REAL ESTATE LLC
Buyer's Agent
Ashton Dixon
eXp Realty, LLC #2
List Price
$575,000
Sold Price
$590,000
Premium/Discount to List
$15,000
2.61%
Current Estimated Value
$654,324

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,324
Avg. Annual Appreciation
3.51%

Purchase Details

Closed on
Jun 5, 2020
Sold by
Martin William Larry and Alice Clayton Martin Revocable
Bought by
The William Larry Martin Revocable Trust

Purchase Details

Listed on
Apr 23, 2017
Closed on
Sep 14, 2017
Sold by
Ritz Peter G and Ritz Janice A
Bought by
Ward Michael K and Ward Elizabeth O
Seller's Agent
SANDY SPARKS
Keller Williams Central
Buyer's Agent
Mary Staton Ward
ALAMANCE APPRAISALS-BLACK DIAMOND REAL ESTATE LLC
List Price
$444,900
Sold Price
$425,000
Premium/Discount to List
-$19,900
-4.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.77%
Original Mortgage
$280,000
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 2007
Sold by
Hargett Christopher W
Bought by
Ritz Peter G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.37%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 24, 2005
Sold by
Joe W Davis Builders Inc
Bought by
Hargett Christopher W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,200
Interest Rate
5.62%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Stierle George P $590,000 Carter Law Firm Pllc
The William Larry Martin Revocable Trust -- None Available
Ward Michael K $425,000 Attorney
Ritz Peter G $421,000 --
Hargett Christopher W $384,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ward Michael K $280,000
Previous Owner Ritz Peter G $101,000
Previous Owner Ritz Peter G $86,000
Previous Owner Ritz Peter G $195,000
Previous Owner Ritz Peter G $2,500,000
Previous Owner Ritz Peter Gerald $152,000
Previous Owner Ritz Peter G $200,000
Previous Owner Ritz Peter G $153,000
Previous Owner Hargett Christopher W $307,200
Previous Owner Hargett Christopher W $76,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2022 06/20/22 Sold $590,000 +2.6% $217 / Sq Ft
04/22/2022 04/22/22 Pending -- -- --
04/20/2022 04/20/22 For Sale $575,000 +35.3% $211 / Sq Ft
10/13/2017 10/13/17 Sold $425,000 -4.5% $156 / Sq Ft
09/13/2017 09/13/17 Pending -- -- --
04/23/2017 04/23/17 For Sale $444,900 -- $164 / Sq Ft
Source: Alamance Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,795 $595,892 $60,000 $535,892
2023 $4,637 $595,892 $60,000 $535,892
2022 $4,493 $410,533 $65,000 $345,533
2021 $4,534 $410,533 $65,000 $345,533
2020 $4,575 $410,533 $65,000 $345,533
2019 $4,589 $410,533 $65,000 $345,533
2018 $0 $410,533 $65,000 $345,533
2017 $2,369 $410,533 $65,000 $345,533
2016 $4,197 $419,711 $65,000 $354,711
2015 $2,422 $419,711 $65,000 $354,711
2014 $2,213 $419,711 $65,000 $354,711
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alamance Multiple Listing Service

MLS Number: 122946

APN: 115135