NOT LISTED FOR SALE

109 Old Well Dr Elon, NC 27244

West Burlington Neighborhood

Estimated Value: $382,689 - $449,000

4 Beds
2.5 Baths
2,011 Sq Ft
$212/Sq Ft Est. Value

Last Sold May 05, 2017

Last sale price $237,000 $118 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $2,493/month

375 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Attic
  • Vaulted Ceiling
  • Hydromassage or Jetted Bathtub
  • 1 Fireplace

About This Home

As of May 2017

Picture Perfect High End Custom Home In Forest Creek! Crown Molding & Hws Throughout Main Living Areas. Vaulted Family W/ Gas Log Fp. Dining Off Foyer W/ Entry To Custom Kitchen W/ Granite, Tile B/S, & Ss Appls. Breakfast Area & Pantry Off Kitchen. Main-Level Master W/ In-Suite Luxury Bath & Wi Closet. 3 Brs On 2Nd Level W/ Bonus & Open Loft Area. Backyard Bordered By Mature Trees! Sloped Front Keeps Water Away & Creates Privacy!

Last Agent to Sell the Property

SANDY SPARKS

Keller Williams Central License #264972 Listed on: 03/26/2016

Keller Williams Central

Last Buyer's Agent

Barbara Acosta

Allen Tate/Burlington License #280320

Allen Tate/Burlington

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,816

Year Built

  • 2007

Lot Details

  • 0.3 Acre Lot
  • Fenced Yard
  • Landscaped
  • Rectangular Lot

HOA Fees

  • $21 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

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

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Hydromassage or Jetted Bathtub

Outdoor Features

  • Deck
  • Exterior Lighting
  • Porch

Utilities

  • Cooling Available
  • Heating System Uses Gas
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 8856334846

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,816

Year Built

2007

Lot Details

0

HOA Fees

$21 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.3
  • Lot Size: 12632
  • Directions: I40/85 To Exit 140; North On University Drive; Left On Power Line Rd; Left On Walker Rd; Right On Colonnade Dr (Entrance To Forest Creek); Left On Old Well; Home Is On Left
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 2007
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Electric Range, Disposal, Microwave
  • Has Basement: Crawl Space
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 1
  • 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
  • Exterior Features: Fence, Lighting
  • Patio And Porch Features: Deck, Porch

Garage/Parking

  • Parking Features: Attached, Paved

Utilities

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

Condo/Co-op/Association

  • Association #2 Fee Frequency: Annually
  • Association Fee: 250.0
  • Association Fee Frequency: Annually

Lot Info

  • Lot Size Sq Ft: 12632.0
  • Parcel #: 8856334846
  • Zoning Description: Res

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2016
Closed on
May 4, 2017
Sold by
Esposito Albert Charles and Esposito Judith F
Bought by
Bing Jeffrey L
Seller's Agent
SANDY SPARKS
Keller Williams Central
Buyer's Agent
Barbara Acosta
Allen Tate/Burlington
List Price
$270,000
Sold Price
$237,000
Premium/Discount to List
-$33,000
-12.22%
Current Estimated Value
$425,922

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,922
Avg. Annual Appreciation
7.33%
Original Mortgage
$57,000
Outstanding Balance
$47,793
Interest Rate
4.23%
Mortgage Type
New Conventional
Estimated Equity
$378,129

Purchase Details

Closed on
May 27, 2010
Sold by
J D Morris Construction
Bought by
Esposito Albert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,231
Interest Rate
4.75%
Mortgage Type
FHA
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
Bing Jeffrey L $237,000 Attorney
Esposito Albert $265,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bing Jeffrey L $57,000
Previous Owner Esposito Albert $261,231
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2017 05/05/17 Sold $237,000 -12.2% $118 / Sq Ft
04/05/2017 04/05/17 Pending -- -- --
03/26/2016 03/26/16 For Sale $270,000 -- $134 / 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 $1,816 $387,205 $45,000 $342,205
2023 $3,013 $387,205 $45,000 $342,205
2022 $2,625 $239,799 $42,000 $197,799
2021 $2,648 $239,799 $42,000 $197,799
2020 $2,672 $239,799 $42,000 $197,799
2019 $2,680 $239,799 $42,000 $197,799
2018 $0 $239,799 $42,000 $197,799
2017 $1,384 $239,799 $42,000 $197,799
2016 $2,545 $254,512 $35,000 $219,512
2015 $1,469 $254,512 $35,000 $219,512
2014 -- $254,512 $35,000 $219,512
Source: Public Records

Agents Affiliated with this Home

  • SANDY SPARKS

    Seller's Agent in 2017

    SANDY SPARKS

    Keller Williams Central

    (336) 266-7182

    70 in this area

    342 Total Sales

    Section Image
  • Barbara Acosta

    Buyer's Agent in 2017

    Barbara Acosta

    Allen Tate/Burlington

    (336) 525-1281

    10 in this area

    97 Total Sales

    Section Image
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Map

Source: Alamance Multiple Listing Service

MLS Number: 90763

APN: 117143

North Carolina Alamance County Elon 27244 West Burlington

109 Old Well Dr, Elon, NC

This home is located at 109 Old Well Dr, Elon, NC 27244 since 26 March 2016 and is currently estimated at $425,922, approximately $211 per square foot. This property was built in 2007. 109 Old Well Dr is a home located in Alamance County with nearby schools including Elon Elementary School, Western Alamance Middle School, and Western Alamance High School.

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