NOT LISTED FOR SALE

111 Old Well Dr Elon, NC 27244

West Burlington Neighborhood

Estimated Value: $342,703 - $395,000

4 Beds
2.5 Baths
1,812 Sq Ft
$208/Sq Ft Est. Value

Last Sold October 24, 2017

Last sale price $226,000 $125 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $2,207/month

19 Days on Market

Highlights

  • ENERGY STAR Certified Homes
  • Granite Countertops
  • Cooling Available
  • Deck
  • Attached Garage
  • Ceramic Tile Flooring

About This Home

As of October 2017

Love Life In This Custom-Built 1.5 Story Home. You'll Love The Spacious 2 Story Entry & Living Room & Open Floorpan. Hardwoods In Main Living Areas, Dining Room W/Trey Ceiling, Kitchen W/Ss Appliances & Corian Countertops. Breakfast Area W/Door To 12X12 Deck Perfect For Grilling. Master Br On Main W/Walk-In Closet, Tile Bath & Shower. 2 Br's & Bonus/4Th Br Upstairs. Cov'd Front Porch & Paver Sitting Area For Relaxing. Welcome Home!

Last Agent to Sell the Property

Default Firm Record

Richard Jones Real Estate Listed on: 09/05/2017

Last Buyer's Agent

Mary Donnell

NorthGroup Real Estate, Inc. License #283584

NorthGroup Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,535

Year Built

  • 2006

Lot Details

  • 0.29 Acre Lot
  • Landscaped
  • Rectangular Lot

HOA Fees

  • $23 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1.5-Story Property
  • Washer Hookup

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

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

Additional Features

  • ENERGY STAR Certified Homes
  • Deck

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 8856334779

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,535

Year Built

2006

Lot Details

0

HOA Fees

$23 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.29
  • Lot Size: 12632
  • Directions: From 85/40 Take University Drive Towards Elon, Left On Powerline Rd., Left On Walker, Right On Colonnade, Left On Old Well, Home On Left
  • Unit Levels: One and One Half
  • Year Built: 2006
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
  • Has Basement: Crawl Space
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Interior Amenities: Granite Counters, Other

Exterior Features

  • Lot Features: Landscaped, Rectangular Lot
  • Home Warranty: Yes
  • Construction Type: Brick
  • Patio And Porch Features: Deck

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
  • Utilities: Cable Available

Condo/Co-op/Association

  • Association #2 Fee Frequency: Annually
  • Association Fee: 275.0
  • Association Fee Frequency: Annually

Green Features

  • Green Building Verification Type: ENERGY STAR Certified Homes

Lot Info

  • Parcel #: 8856334779
  • Zoning Description: SFR

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2017
Closed on
Oct 18, 2017
Sold by
Champion Ricky W
Bought by
Troutman Zachary R and Troutman Alicia N
Seller's Agent
Default Firm Record
Richard Jones Real Estate
Buyer's Agent
Mary Donnell
NorthGroup Real Estate, Inc.
List Price
$226,000
Sold Price
$226,000
Current Estimated Value
$377,426

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,426
Avg. Annual Appreciation
6.80%
Original Mortgage
$198,352
Outstanding Balance
$167,879
Interest Rate
3.78%
Mortgage Type
New Conventional
Estimated Equity
$209,547

Purchase Details

Listed on
Oct 4, 2013
Closed on
Dec 30, 2013
Sold by
Wilcox Thomas E
Bought by
Champion Ricky W
Seller's Agent
SANDY SPARKS
Keller Williams Central
Buyer's Agent
Kristi May
Keller Williams Central
List Price
$220,000
Sold Price
$210,000
Premium/Discount to List
-$10,000
-4.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.94%
Original Mortgage
$168,000
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 20, 2009
Sold by
Burgess Construction Comp
Bought by
Wilcox Thomas W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,700
Interest Rate
5.01%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Troutman Zachary R $226,000 Attorney
Champion Ricky W $210,000 --
Wilcox Thomas W $226,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Troutman Zachary R $198,352
Previous Owner Champion Ricky W $25,000
Previous Owner Champion Ricky W $168,000
Previous Owner Wilcox Thomas W $214,700
Previous Owner Burgess Construction Co $222,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2017 10/24/17 Sold $226,000 0.0% $125 / Sq Ft
09/24/2017 09/24/17 Pending -- -- --
09/05/2017 09/05/17 For Sale $226,000 +7.6% $125 / Sq Ft
12/31/2013 12/31/13 Sold $210,000 -4.5% $116 / Sq Ft
12/01/2013 12/01/13 Pending -- -- --
10/04/2013 10/04/13 For Sale $220,000 -- $121 / 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 $1,535 $327,357 $45,000 $282,357
2023 $2,547 $327,357 $45,000 $282,357
2022 $2,255 $206,006 $42,000 $164,006
2021 $2,275 $206,006 $42,000 $164,006
2020 $2,296 $206,006 $42,000 $164,006
2019 $2,303 $206,006 $42,000 $164,006
2018 $0 $206,006 $42,000 $164,006
2017 $2,122 $206,006 $42,000 $164,006
2016 $2,244 $224,405 $35,000 $189,405
2015 $1,295 $224,405 $35,000 $189,405
2014 -- $224,405 $35,000 $189,405
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2017

    Default Firm Record

    Richard Jones Real Estate

  • Mary Donnell

    Buyer's Agent in 2017

    Mary Donnell

    NorthGroup Real Estate, Inc.

    (336) 264-0866

    14 in this area

    140 Total Sales

    Section Image
  • SANDY SPARKS

    Seller's Agent in 2013

    SANDY SPARKS

    Keller Williams Central

    (336) 266-7182

    70 in this area

    342 Total Sales

    Section Image
  • Kristi May

    Buyer's Agent in 2013

    Kristi May

    Keller Williams Central

    (336) 269-1015

    28 in this area

    237 Total Sales

    Section Image
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Map

Source: Alamance Multiple Listing Service

MLS Number: 96991

APN: 117142

North Carolina Alamance County Elon 27244 West Burlington

111 Old Well Dr, Elon, NC

This home is located at 111 Old Well Dr, Elon, NC 27244 since 05 September 2017 and is currently estimated at $377,426, approximately $208 per square foot. This property was built in 2006. 111 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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