NOT LISTED FOR SALE

116 Lafayette Dr Hillsborough, NC 27278

Estimated Value: $378,000 - $392,125

3 Beds
2 Baths
1,500 Sq Ft
$258/Sq Ft Est. Value

Last Sold May 04, 2022

Last sale price $360,000 $240 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,428/month

15 Days on Market

Highlights

  • Porch
  • Kitchen Island
  • Ceiling Fan
  • Cedar Ridge High Rated A-
  • Central Air
  • Storm Doors

About This Home

As of May 2022

LOCATION LOCATION! Lovely 3 bedroom, 2 full bath, well maintained home on sceinic wooded lot! Open kitchen flows into dining and living areas providing great space for living and entertaining. Great room has fantastic light and wood burning fireplace. Updated appliances and fixtures. Primary bedroom and bath on the main with large closets. Laundry and pantry also on the main for additional storage. Upstairs has two additional bedrooms with full bath and stand alone shower. The home features a wrap around porch, large lot, and plenty of parking/turn around spaces. Only minutes to Cates Creek Park and Occoneechee Mountain State Park with trails and hiking. Easy acess to triangle and triad. Schedule an appointment to visit the quiet and peaceful home today!

Last Agent to Sell the Property

Rebecca Brooks Taylor

Wilkinson Triad Realty License #257869 Listed on: 03/24/2022

Last Buyer's Agent

NONMEMBER NONMEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,463

Year Built

  • Built in 1985

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 87 x 167 x 119 x 150
  • Property is zoned HI

HOA Fees

  • $20 Monthly HOA Fees

Interior Spaces

  • 1,377 Sq Ft Home
  • 1,200-1,500 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Insulated Windows
  • Great Room with Fireplace
  • Storm Doors
  • Dryer Hookup

Kitchen

  • Gas Cooktop
  • Free-Standing Range
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • Cornwallis Hills Subdivision

Listing and Financial Details

  • Tax Lot 21
  • Assessor Parcel Number 9863961046000
  • 0% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,463

Year Built

Built in 1985

Lot Details

0

HOA Fees

$20 per month

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.38
  • Lot Size: 87 x 167 x 119 x 150
  • Subdivision Name: Cornwallis Hills
  • Directions: Hwy I-40 to exit #261, north on Old NC Hwy 86 towards Hillsborough, left into Cornwallis Hills on Layfayette. Past stop sign. Home on left OR I-85 NORTH TO EXIT 164. 86 SOUTH TO RIGHT ON LAYFAYETTE. Past stop sign, home on left.
  • Above Grade Finished Sq Ft: 1377
  • Unit Levels: One and One Half
  • Structure Type: House
  • Year Built: 1985
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1200 - 1500
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Microwave, Dishwasher, Disposal, Gas Cooktop, Slide-In Oven/Range, Electric Water Heater
  • Flooring: Carpet, Laminate, Vinyl
  • Interior Amenities: Ceiling Fan(s), Dead Bolt(s), Kitchen Island, Pantry
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Fireplace Features: Great Room
  • Fireplaces: 1
  • Living Area: 1377
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

  • Pool Features: None
  • Construction Type: Composite Siding
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Parking Features: Driveway, Paved

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Cooling: Central Air, Heat Pump
  • Heating: Heat Pump, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Electric
  • Energy Features: Insulated Windows, Storm Doors

Condo/Co-op/Association

  • Association Fee: 234
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Parcel #: 9863961046000
  • Zoning: HI
  • TRIADMLS_PricePerAcre: 855000
  • TRIADMLS_PlatPage: 85
  • TRIADMLS_DeedPage: 290
  • TRIADMLS_DeedBook: 6650
  • TRIADMLS_PlatBook: 34
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 3463
  • Tax Lot: 21
  • Tax Year: 2021
  • TRIADMLS_TaxRate: 0.015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2022
Closed on
Apr 22, 2022
Sold by
Lengle Caprice M
Bought by
Rhodes Justin J and Rhodes Alexandra P
Seller's Agent
Rebecca Brooks Taylor
Wilkinson Triad Realty
Buyer's Agent
NONMEMBER NONMEMBER
Sold Price
$360,000
Current Estimated Value
$386,531

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,531
Avg. Annual Appreciation
2.18%
Original Mortgage
$314,000
Outstanding Balance
$298,358
Interest Rate
4.42%
Mortgage Type
Balloon
Estimated Equity
$88,173

Purchase Details

Closed on
Mar 9, 2020
Sold by
Sph One Lllp
Bought by
Lengle Caprice M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,825
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 6, 2019
Sold by
Parker Jo B and Parker Gary Lee
Bought by
Sph One Lllp

Purchase Details

Closed on
Jun 18, 2000
Bought by
Parker
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
Rhodes Justin J $360,000 Lockamy Law Firm
Lengle Caprice M $233,500 None Available
Sph One Lllp $239,000 Investors Title Insurance Co
Parker $249,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rhodes Justin J $314,000
Previous Owner Lengle Caprice M $210,000
Previous Owner Lengle Caprice M $221,825
Previous Owner Estes Jo B $55,000
Previous Owner Parker Gary Lee $90,000
Previous Owner Parker Gary Lee $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2022 05/04/22 Sold $360,000 -- $300 / Sq Ft
04/09/2022 04/09/22 Pending -- -- --
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 $3,622 $230,900 $60,000 $170,900
2023 $3,501 $230,900 $60,000 $170,900
2022 $3,492 $230,900 $60,000 $170,900
2021 $3,463 $230,900 $60,000 $170,900
2020 $3,005 $187,400 $45,000 $142,400
2018 $2,963 $187,400 $45,000 $142,400
2017 $2,871 $187,400 $45,000 $142,400
2016 $2,871 $172,600 $50,800 $121,800
2015 $2,835 $175,116 $50,816 $124,300
2014 $2,795 $175,116 $50,816 $124,300
Source: Public Records

Agents Affiliated with this Home

  • Rebecca Brooks Taylor

    Seller's Agent in 2022

    Rebecca Brooks Taylor

    Wilkinson Triad Realty

    1 in this area

    40 Total Sales

    Section Image

  • N

    Buyer's Agent in 2022

    NONMEMBER NONMEMBER

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Map

Source: Triad MLS

MLS Number: 1063179

Triad MLS

APN: 9863961046

North Carolina Orange County Hillsborough 27278

116 Lafayette Dr, Hillsborough, NC

This home is located at 116 Lafayette Dr, Hillsborough, NC 27278 since 24 March 2022 and is currently estimated at $386,531, approximately $257 per square foot. This property was built in 1985. 116 Lafayette Dr is a home located in Orange County with nearby schools including Grady Brown Elementary School, A.L. Stanback Middle School, and Cedar Ridge High.

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