E
Seller's Agent in 2024
Ed Billings
Compass -- Chapel Hill - Durham
(919) 423-6627
2 in this area
76 Total Sales
Estimated Value: $217,000 - $247,000
3
Beds
1
Bath
1,107
Sq Ft
$214/Sq Ft
Est. Value
Highlights
- No HOA
- Living Room
- Central Heating and Cooling System
- Cooling System Powered By Gas
- Laundry Room
- 3-minute walk to Lawrence Slade Park
About This Home
As of July 2024Looking for an easy to rent, east to manage rental with a great return? Look no further! This student rental is oh so close to the heart of Elon University and leases itself due to a long term relationship with University fraternity. Recent upgrades include LVT flooring in common areas, new roof on the rear portion of the home, HVAC four years old. Fenced yard. Home is well maintained. Crawl space structurally reviewed and repaired. Lease in place, June 1 2024-May 31 2025) at $2,400/mo. Factoring in all expenses, cap rate is 9.0%! Management is a breeze with existing property management relationship that bills on an hourly basis.
Last Agent to Sell the Property
Compass -- Chapel Hill - Durham License #201236 Listed on: 05/03/2024
Last Buyer's Agent
Non Member
Non Member Office
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,398
Year Built
- Built in 1950
Lot Details
- 0.25 Acre Lot
- Wood Fence
- Level Lot
Home Design
- Block Foundation
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 1,107 Sq Ft Home
- 1-Story Property
- Living Room
Kitchen
- Electric Oven
- Range
- Dishwasher
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Laundry
- Laundry Room
- Washer and Dryer
Parking
- 3 Parking Spaces
- Gravel Driveway
- 3 Open Parking Spaces
Schools
- Elon Elementary School
- Western Middle School
- West Alamance High School
Utilities
- Cooling System Powered By Gas
- Central Heating and Cooling System
- Heating System Uses Propane
- Water Heater
- Cable TV Available
Community Details
- No Home Owners Association
- Boone Station Subdivision
Listing and Financial Details
- Assessor Parcel Number 109486
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 3, 2024
Closed on
Aug 16, 2024
Sold by
Akers Andrew and Akers Michelle
Bought by
Sasquatch Enterprises Llc
Seller's Agent
Ed Billings
Compass -- Chapel Hill - Durham
Buyer's Agent
Non Member
Non Member Office
List Price
$259,000
Sold Price
$227,000
Premium/Discount to List
-$32,000
-12.36%
Views
29
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,631
Avg. Annual Appreciation
2.91%
Original Mortgage
$170,250
Outstanding Balance
$168,232
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$68,399
Purchase Details
Listed on
May 3, 2024
Closed on
Jul 10, 2024
Sold by
Hlavae William J and Hlavae Melissa G
Bought by
Akers Andrew and Akers Michelle
Seller's Agent
Ed Billings
Compass -- Chapel Hill - Durham
Buyer's Agent
Non Member
Non Member Office
List Price
$259,000
Sold Price
$227,000
Premium/Discount to List
-$32,000
-12.36%
Views
29
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,250
Outstanding Balance
$168,232
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$68,399
Purchase Details
Closed on
Jun 24, 2021
Sold by
Mpcp Investments Llc
Bought by
Hlavac William J and Hlavac Melissa G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
2.2%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 28, 2020
Sold by
Poteat Mark A
Bought by
Mpcp Investments Llc
Purchase Details
Listed on
Oct 6, 2019
Closed on
Jan 2, 2020
Sold by
Stimmel David C and Stimmel Deborah
Bought by
Poteat Mark A
Seller's Agent
Steve Whitfield
Whitfield Properties Team
Buyer's Agent
Steve Whitfield
Whitfield Properties Team
List Price
$109,000
Sold Price
$109,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.86%
Purchase Details
Listed on
May 13, 2011
Closed on
Mar 19, 2013
Sold by
Huffines Jack
Bought by
Stimmel David C
Seller's Agent
Steve Whitfield
Whitfield Properties Team
Buyer's Agent
William Kosin
Whitfield Properties Team
List Price
$59,900
Sold Price
$47,000
Premium/Discount to List
-$12,900
-21.54%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.17%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sasquatch Enterprises Llc | -- | None Listed On Document | |
| Akers Andrew | $227,000 | None Listed On Document | |
| Hlavac William J | $160,000 | None Available | |
| Mpcp Investments Llc | -- | None Available | |
| Poteat Mark A | $109,000 | Attorney | |
| Stimmel David C | $47,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Akers Andrew | $170,250 | |
| Previous Owner | Hlavac William J | $96,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/12/2024 07/12/24 | Sold | $227,000 | -5.0% | $205 / Sq Ft | |
| 06/15/2024 06/15/24 | Pending | -- | -- | -- | |
| 05/30/2024 05/30/24 | Price Changed | $239,000 | -7.7% | $216 / Sq Ft | |
| 05/03/2024 05/03/24 | For Sale | $259,000 | +137.6% | $234 / Sq Ft | |
| 01/06/2020 01/06/20 | Sold | $109,000 | 0.0% | $101 / Sq Ft | View Prior Sale |
| 12/10/2019 12/10/19 | Pending | -- | -- | -- | |
| 10/06/2019 10/06/19 | For Sale | $109,000 | +131.9% | $101 / Sq Ft | |
| 03/22/2013 03/22/13 | Sold | $47,000 | -21.5% | $44 / Sq Ft | View Prior Sale |
| 02/20/2013 02/20/13 | Pending | -- | -- | -- | |
| 05/13/2011 05/13/11 | For Sale | $59,900 | -- | $55 / Sq Ft |
Source: Doorify MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2025 | $888 | $179,718 | $30,000 | $149,718 |
| 2024 | $843 | $179,718 | $30,000 | $149,718 |
| 2023 | $776 | $179,718 | $30,000 | $149,718 |
| 2022 | $633 | $57,805 | $20,000 | $37,805 |
| 2021 | $638 | $57,805 | $20,000 | $37,805 |
| 2020 | $644 | $57,805 | $20,000 | $37,805 |
| 2019 | $646 | $57,805 | $20,000 | $37,805 |
| 2018 | $0 | $57,805 | $20,000 | $37,805 |
| 2017 | $595 | $57,805 | $20,000 | $37,805 |
| 2016 | $550 | $55,040 | $21,875 | $33,165 |
| 2015 | $318 | $55,040 | $21,875 | $33,165 |
| 2014 | -- | $55,040 | $21,875 | $33,165 |
Source: Public Records
Agents Affiliated with this Home
-
Ed Billings
-
N
Buyer's Agent in 2024
Non Member
Non Member Office
-
Steve Whitfield
S
Seller's Agent in 2020
Steve Whitfield
Whitfield Properties Team
(336) 214-1107
6 in this area
39 Total Sales
-
W
Buyer's Agent in 2013
William Kosin
Whitfield Properties Team
Map
Source: Doorify MLS
MLS Number: 10027072
APN: 109486
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Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2025 Doorify MLS, Inc. of North Carolina. All rights reserved.
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