NOT LISTED FOR SALE

Estimated Value: $167,000 - $186,000

2 Beds
3 Baths
1,080 Sq Ft
$163/Sq Ft Est. Value

Last Sold May 15, 2012

Last sale price $92,500 $86 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $1,047/month

298 Days on Market

Highlights

  • Deck
  • Cooling Available
  • Forced Air Heating System
  • Wood Flooring
  • Landscaped

About This Home

As of May 2012

Quiet Pocket Of Condos Tucked Away In Residential Area;Refreshed Hdwds Throughout 1St Floor;New Kitchen Counters,Range,Dishwasher-Fridge Remains;New Carpet Up The Stairs & On Entire 2Nd Level;Entire Interior Freshly Painted;Crown Molding Throughout;Separate Dining Area Off Kitchen;Actual Laundry Room;Walk-Up Attic W/Tons Of Storage;Nice Deck Off Dining Area;Including 1 Yr Home Warranty To Buyer;Only 2 Mls To Elon Or Downtown Burlington.

Last Listed By

Missy Flora

Allen Tate/Burlington License #185692 Listed on: 06/22/2011

Allen Tate/Burlington

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $738

Year Built

  • 1985

Lot Details

  • 522 Sq Ft Lot
  • Landscaped
  • Irregular Lot
  • Zoning described as MFA

Parking

  • Paved Parking

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Deck

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 8865354287

Home Details

Home Type

Single Family

Est. Annual Taxes

$738

Year Built

1985

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Lot Size Acres: 0.01
  • Lot Size: 522.72
  • Directions: From Elon, Front St, Left On Sherwood Dr. Cross Over Roselyn, Right Into Sherwood Condos.
  • Structure Type: Other
  • Year Built: 1985
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Washer
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Carpet, Vinyl, Wood

Exterior Features

  • Lot Features: Irregular Lot, Landscaped
  • Construction Type: Brick, Vinyl Siding
  • Patio And Porch Features: Deck

Garage/Parking

  • Parking Features: Paved

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Utilities: Cable Available

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Size Sq Ft: 522.0
  • Parcel #: 8865354287
  • Zoning Description: MFA
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2011
Closed on
May 14, 2012
Sold by
Mehaffey Elizabeth T
Bought by
Knapp Ronald J
Seller's Agent
Missy Flora
Allen Tate/Burlington
Buyer's Agent
Sandra Ford
David Massey Real Estate
List Price
$98,500
Sold Price
$92,500
Premium/Discount to List
-$6,000
-6.09%
Total Days on Market
298
Current Estimated Value
$175,865

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,365
Avg. Annual Appreciation
5.11%
Original Mortgage
$91,000
Outstanding Balance
$65,349
Interest Rate
4.01%
Mortgage Type
New Conventional
Estimated Equity
$111,883

Purchase Details

Closed on
Sep 4, 2007
Sold by
Coley Harold D
Bought by
Mchaffey Elizabeth T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
6.62%
Mortgage Type
New Conventional

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
Knapp Ronald J $93,000 --
Mchaffey Elizabeth T $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Knapp Ronald J $91,000
Previous Owner Mchaffey Elizabeth T $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2012 05/15/12 Sold $92,500 -6.1% $86 / Sq Ft
04/15/2012 04/15/12 Pending -- -- --
06/22/2011 06/22/11 For Sale $98,500 -- $91 / 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 $738 $157,391 $25,000 $132,391
2023 $1,434 $157,391 $25,000 $132,391
2022 $1,085 $87,398 $15,000 $72,398
2021 $1,093 $87,398 $15,000 $72,398
2020 $1,102 $87,398 $15,000 $72,398
2019 $1,105 $87,398 $15,000 $72,398
2018 $519 $87,398 $15,000 $72,398
2017 $504 $87,398 $15,000 $72,398
2016 $1,240 $106,911 $15,000 $91,911
2015 -- $106,911 $15,000 $91,911
2014 -- $106,911 $15,000 $91,911
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alamance Multiple Listing Service

MLS Number: 73060

APN: 123713