NOT LISTED FOR SALE

1016 Mill Pointe Way Elon, NC 27244

Estimated Value: $622,072 - $712,000

4 Beds
3.5 Baths
2,797 Sq Ft
$241/Sq Ft Est. Value

Last Sold January 15, 2019

Last sale price $456,000 $163 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $3,995/month

110 Days on Market

Highlights

  • Vaulted Ceiling
  • Hydromassage or Jetted Bathtub
  • 2 Fireplaces
  • Wood Flooring
  • Attic
  • Granite Countertops

About This Home

As of January 2019

Gorgeous Custom Home In Mill Pointe! Wide Plank Cypress Hws In Living Areas On Both Levels. Private Master On 1St Floor W/ Luxury Bath & Huge Wi Closet. 3 Brs On 2Nd Level W/ Loft Area & Expansive Bonus Rm. Open Layout On Main Level W/ Dining Rm Open To Vaulted Family W/ Gas Log Fp. Custom Kitchen W/ Granite, Tile B/S, & Ss Appls Opens To Breakfast Area & Keeping Rm W/ Stone Fp. Rear Patio Overlooks Large Fenced Rear Yard. Irrigation System!

Last Agent to Sell the Property

SANDY SPARKS

Keller Williams Central License #264972 Listed on: 08/28/2018

Keller Williams Central

Last Buyer's Agent

Kristy Smith

Allen Tate/Burlington License #271449

Allen Tate/Burlington

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,618

Year Built

  • 2004

Lot Details

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

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • 2 Fireplaces
  • Pull Down Stairs to Attic
  • Washer Hookup

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Hydromassage or Jetted Bathtub

Outdoor Features

  • Patio
  • Porch

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 8855137160

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,618

Year Built

2004

Lot Details

0

HOA Fees

$33 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.36
  • Lot Size: 15769
  • Directions: I85/40 To Exit 140; N On University Drive; Right On Church St/Hwy 70; Left On Williamson Ave; Right On Orange Drive; Left On Earl Drive; Right On Windsor Way; Right On Mill Pointe Way; Home On Right
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 2004
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Oven
  • Other Equipment: Irrigation Equipment
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Wood
  • Interior Amenities: Attic, Granite Counters, Jetted Tub, Other, Pantry, Pull Down Attic Stairs, Vaulted Ceiling(s)

Exterior Features

  • Lot Features: Landscaped, Rectangular Lot
  • Construction Type: Brick, Vinyl Siding
  • Exterior Features: Fence
  • Patio And Porch Features: Patio, Porch

Garage/Parking

  • Parking Features: Attached, Paved

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association #2 Fee Frequency: Annually
  • Association Fee: 400.0
  • Association Fee Frequency: Annually

Lot Info

  • Lot Size Sq Ft: 15769.0
  • Parcel #: 8855137160
  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2018
Closed on
Jan 14, 2019
Sold by
Councilman Rodney S and Councilman Elizabeth F
Bought by
Richter Hollister John Edward and Richter Hollister Jane
Seller's Agent
SANDY SPARKS
Keller Williams Central
Buyer's Agent
Kristy Smith
Allen Tate/Burlington
List Price
$459,000
Sold Price
$456,000
Premium/Discount to List
-$3,000
-0.65%
Current Estimated Value
$683,858

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$227,858
Avg. Annual Appreciation
5.99%
Original Mortgage
$401,400
Interest Rate
4.8%

Purchase Details

Closed on
Sep 30, 2008
Sold by
Schreitmueller Susan K
Bought by
Councilman Rodney S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,900
Interest Rate
6.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2005
Sold by
Constructoin S M Ward
Bought by
Schreitmueller Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
5.6%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Richter Hollister John Edward $451,000 Attorney
Councilman Rodney S $400,000 --
Schreitmueller Robert $396,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hollister John Edward $404,709
Closed Richter Hollister John Edward $407,628
Closed Richter Hollister John Edward $401,400
Previous Owner Councilman Rodney S $25,000
Previous Owner Councilman Rodney S $350,400
Previous Owner Councilman Rodney S $359,900
Previous Owner Schreitmueller Susan K $60,000
Previous Owner Schreitmueller Robert $316,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2019 01/15/19 Sold $456,000 -0.7% $163 / Sq Ft
12/16/2018 12/16/18 Pending -- -- --
08/28/2018 08/28/18 For Sale $459,000 -- $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 $2,618 $558,225 $60,000 $498,225
2023 $4,343 $558,225 $60,000 $498,225
2022 $4,285 $391,533 $65,000 $326,533
2021 $4,324 $391,533 $65,000 $326,533
2020 $4,363 $391,533 $65,000 $326,533
2019 $4,376 $391,533 $65,000 $326,533
2018 $0 $391,533 $65,000 $326,533
2017 $2,260 $391,533 $65,000 $326,533
2016 $4,045 $404,476 $65,000 $339,476
2015 $2,334 $404,476 $65,000 $339,476
2014 $2,133 $404,476 $65,000 $339,476
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alamance Multiple Listing Service

MLS Number: 100913

APN: 115166