NOT LISTED FOR SALE

113 Old Well Dr Elon, NC 27244

West Burlington Neighborhood

Estimated Value: $377,017 - $441,000

4 Beds
2.5 Baths
2,500 Sq Ft
$167/Sq Ft Est. Value

Last Sold May 26, 2017

Last sale price $238,000 $95 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $2,465/month

28 Days on Market

Highlights

  • Wood Flooring
  • Porch
  • Forced Air Heating and Cooling System
  • Attic
  • 2 Car Attached Garage
  • Ceiling Fan

About This Home

As of May 2017

They Don't Come Along Like This Everyday! 4 Br, 2.5 Baths In W Alamance. Quality Crafted Custom Home. Open Plan W/ Gorgeous Columns, Moldings, Granite Kitchen Counters, Gleaming Hdwds, European Style Cabinetry, Ss Appl. Mbr Downstairs,3 Brs Up W/ Alcoves Not Included In Br Measurements. Deck 22 X 11. Porch 21 X 4.9 Nestled In Quiet Wooded Neighborhood.

Last Agent to Sell the Property

Virginia Wilburn

Preferred Realty Triad License #56856 Listed on: 01/24/2017

Last Buyer's Agent

Virginia Wilburn

Preferred Realty Triad License #56856 Listed on: 01/24/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,409

Year Built

  • Built in 2007

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 153 x 137 x 82 x 68

HOA Fees

  • $23 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Vinyl Siding
  • Stone

Interior Spaces

  • 2,304 Sq Ft Home
  • 2,000-2,500 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Great Room with Fireplace
  • Dryer Hookup
  • Attic

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Separate Shower

Outdoor Features

  • Porch

Schools

  • Western Middle School
  • Western Alamance High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • Forest Creek At Elon Subdivision

Listing and Financial Details

  • Assessor Parcel Number 8856335701
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,409

Year Built

Built in 2007

Lot Details

0

HOA Fees

$23 per month

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.28
  • Lot Size: 153 x 137 x 82 x 68
  • Subdivision Name: Forest Creek At Elon
  • Directions: From I 85/40, take University Dr. Left on Powerline Rd. Left on Walker Rd. Right on Colonnade. Left on Old Well. Home on Left.
  • Above Grade Finished Sq Ft: 2304
  • Unit Levels: One and One Half
  • Structure Type: House
  • Year Built: 2007
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2000 - 2500
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Gas Water Heater
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Ceiling Fan(s), Pantry, Separate Shower
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Great Room
  • Fireplaces: 1
  • Living Area: 2304
  • Main Level Bathrooms: 2
  • Attic Description: Access Only
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

  • Pool Features: None
  • Construction Type: Stone, Vinyl Siding
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage, Attached
  • Garage Description: Attached Garage

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee: 275
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Elon
  • High School: Western Alamance
  • Middle Or Junior School: Western

Lot Info

  • Parcel #: 8856335701
  • Zoning: Residential
  • TRIADMLS_PricePerAcre: 866071.4286
  • TRIADMLS_DeedPage: 822
  • TRIADMLS_DeedBook: 3144
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 2409.04
  • Tax Year: 2016
  • TRIADMLS_TaxRate: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2017
Closed on
May 15, 2017
Sold by
Deroo Karen R
Bought by
Martin Constance E and Martin Robert H
Seller's Agent
Virginia Wilburn
Preferred Realty Triad
Buyer's Agent
Virginia Wilburn
Preferred Realty Triad
List Price
$242,500
Sold Price
$238,000
Premium/Discount to List
-$4,500
-1.86%
Current Estimated Value
$421,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,333
Original Mortgage
$125,000
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 25, 2012
Sold by
J D Morris Constr & Real Est
Bought by
Deroo Karne R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
3.68%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Martin Constance E $238,000 Attorney
Deroo Karne R $234,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Robert H $95,000
Closed Martin Constance E $125,000
Previous Owner Deroo Karen R $194,000
Previous Owner Deroo Karne R $188,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2017 05/26/17 Sold $238,000 0.0% $125 / Sq Ft
05/26/2017 05/26/17 Sold $238,000 -1.9% $119 / Sq Ft
04/26/2017 04/26/17 Pending -- -- --
02/22/2017 02/22/17 Pending -- -- --
01/24/2017 01/24/17 For Sale $242,500 0.0% $121 / Sq Ft
11/06/2016 11/06/16 For Sale $242,500 -- $128 / Sq Ft
Source: Triad MLS

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 $1,764 $376,168 $45,000 $331,168
2023 $2,927 $376,168 $45,000 $331,168
2022 $2,573 $235,041 $42,000 $193,041
2021 $2,596 $235,041 $42,000 $193,041
2020 $2,611 $235,041 $42,000 $193,041
2019 $2,627 $235,041 $42,000 $193,041
2018 $0 $235,041 $42,000 $193,041
2017 $1,356 $235,041 $42,000 $193,041
2016 $2,409 $240,904 $35,000 $205,904
2015 $1,390 $240,904 $35,000 $205,904
2014 -- $240,904 $35,000 $205,904
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2017

    Virginia Wilburn

    Preferred Realty Triad

    (336) 266-1578

    10 in this area

    48 Total Sales

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Map

Source: Triad MLS

MLS Number: 818986

Triad MLS

APN: 117149

North Carolina Alamance County Elon 27244 West Burlington

113 Old Well Dr, Elon, NC

This home is located at 113 Old Well Dr, Elon, NC 27244 since 24 January 2017 and is currently estimated at $416,254, approximately $166 per square foot. This property was built in 2007. 113 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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