NOT LISTED FOR SALE

1181 Elgin Dr Conover, NC 28613

Estimated Value: $374,000 - $504,000

3 Beds
2.5 Baths
2,277 Sq Ft
$191/Sq Ft Est. Value

Last Sold June 01, 2021

Last sale price $234,000 $103 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $2,619/month

80 Days on Market

Highlights

  • Deck
  • No HOA
  • Balcony
  • Transitional Architecture
  • Covered patio or porch
  • 2 Car Garage

About This Home

As of June 2021

Back on market. Needs updating but has good bones, priced right & beautiful setting! Tri-level home features 3 bed, 2.5 bath, kitchen, dining room, living room & great room w/fireplace. Outside you have a level 2.4 acre lot w/mature trees, paved drive, oversized 2 car attached & detached garages w/floor drain w/openers on both, master bedroom deck, covered front porch & private well & septic. Qualifies for HUD's $100 down FHA option. HUD case 387-313222. Home marketed as (IE) FHA insurable w/escrow subject to buyer appraisal. Property owned by US Dept. of HUD. “Sold As-Is/Where-Is” without repairs or warranties. Seller, its agents &/or assigns make no representations or warranties as to property condition. Pre-1978 properties includes a LBP Addendum. Buyer & their agent to verify all information including schools, SF, and all systems. Seller may contribute up to 3% for buyer’s closing costs but only if requested on line 5 of the electronic bid submission. EQUAL HOUSING OPPORTUNITY.

Last Agent to Sell the Property

Debbie Boone

Master Brokers of the Carolinas & Catawba Valley Brokerage Email: debbiewboone@gmail.com License #171315 Listed on: 11/13/2020

Last Buyer's Agent

Stephen Kue

Century 21 American Homes License #267173

Century 21 American Homes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,299

Year Built

  • Built in 1975

Lot Details

  • 2.4 Acre Lot
  • Level Lot
  • Property is zoned R-20

Parking

  • 2 Car Garage
  • Workshop in Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Transitional Architecture
  • Tri-Level Property
  • Brick Exterior Construction
  • Slab Foundation
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • Central Vacuum
  • Ceiling Fan
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Great Room with Fireplace
  • Crawl Space
  • Laundry closet

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Balcony
  • Deck
  • Covered patio or porch
  • Outbuilding

Schools

  • Lyle Creek Elementary School
  • River Bend Middle School
  • Bunker Hill High School

Utilities

  • Central Heating
  • Heat Pump System
  • Baseboard Heating
  • Propane
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 373416840342

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,299

Year Built

Built in 1975

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Transitional
  • Year Built: 1975
  • Restrictions: Other - See Remarks
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: Tri-Level
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 102.77
  • Attribution Contact: debbiewboone@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space, Slab
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Vinyl
  • Interior Amenities: Cable Prewire, Central Vacuum
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 655
  • Third Level Sq Ft: 1005
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 564
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 564
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 617
  • Appliances: Electric Water Heater
  • Above Grade Finished Sq Ft: 2277
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas Starter, Great Room, Wood Burning
  • Living Area: 2277
  • Room Count: 9
  • Sq Ft Other: 840
  • Bedroom Third: 3

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Waterfront Features: None
  • Construction Type: Brick Partial, Vinyl, Wood
  • Other Structures: Outbuilding
  • Patio And Porch Features: Balcony, Covered, Deck, Front Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 564
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Attached Garage, Detached Garage, Garage Door Opener, Garage Faces Side, Garage Shop

Utilities

  • Heating: Baseboard, Central, Electric, Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: Laundry Closet, Upper Level
  • Cooling: Ceiling Fan(s), Heat Pump
  • Utilities: Propane
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: None
  • Hoa Subject To Dues: No
  • Association: No

Schools

  • Middle Or Junior School: River Bend
  • HOA Subject To: None

Lot Info

  • Lot Features: Level
  • Lot Size Area: 2.4
  • Lot Size Units: Acres
  • Parcel Number: 373416840342
  • Zoning: R-20
  • Development Status: Completed
  • Lot Size Acres: 2.4
  • Lot Size Sq Ft: 104544
  • ResoLotSizeUnits: Acres
  • Zoning Specification: Resident

Green Features

  • Green Verification Count: 1

MLS Schools

  • Elementary School: Lyle Creek
  • High School: Bunker Hill

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2020
Closed on
May 18, 2021
Sold by
Secretary Of Housing & Urban Development
Bought by
Lee Houa and Lee Lia
Seller's Agent
Debbie Boone
Master Brokers of the Carolinas & Catawba Valley
Buyer's Agent
Stephen Kue
Century 21 American Homes
List Price
$224,500
Sold Price
$234,000
Premium/Discount to List
$9,500
4.23%
Total Days on Market
80
Current Estimated Value
$434,031

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,031
Avg. Annual Appreciation
16.61%
Original Mortgage
$289,750
Outstanding Balance
$265,543
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$168,488

Purchase Details

Closed on
Sep 22, 2020
Sold by
Brown Joe Burt and Brown Nicole M
Bought by
Midfirst Bank

Purchase Details

Closed on
Jul 16, 2020
Sold by
Brown Nicole M and Brown Laura Nicole
Bought by
Brown Joe Burt and Brown Nicole M

Purchase Details

Listed on
Oct 15, 2013
Closed on
Nov 11, 2016
Sold by
Charles O Johnson
Bought by
Brown Joe and Brown Nicole
Seller's Agent
Shannon Hise
Berkshire Hathaway HomeServices Landmark Prop
Buyer's Agent
Jade Isenhour
Realty Executives of Hickory
List Price
$349,900
Sold Price
$257,500
Premium/Discount to List
-$92,400
-26.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.27%
Original Mortgage
$252,835
Interest Rate
3.57%
Source: Public Records

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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
Lee Houa -- None Available
Midfirst Bank $273,357 None Available
Brown Joe Burt -- None Available
Brown Joe -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Houa $289,750
Previous Owner Brown Joe $252,835
Previous Owner Brown Joe --
Previous Owner Brown Joe Burt $252,835
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2021 06/01/21 Sold $234,000 +4.2% $103 / Sq Ft
02/01/2021 02/01/21 Pending -- -- --
01/29/2021 01/29/21 For Sale $224,500 0.0% $99 / Sq Ft
11/23/2020 11/23/20 Pending -- -- --
11/13/2020 11/13/20 For Sale $224,500 -12.8% $99 / Sq Ft
11/10/2016 11/10/16 Sold $257,500 -26.4% $109 / Sq Ft
08/12/2016 08/12/16 Pending -- -- --
10/15/2013 10/15/13 For Sale $349,900 -- $148 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $2,299 $440,000 $38,100 $401,900
2023 $2,211 $268,600 $38,100 $230,500
2022 $1,867 $268,600 $38,100 $230,500
2021 $1,867 $268,600 $38,100 $230,500
2020 $1,867 $268,600 $38,100 $230,500
2019 $1,867 $268,600 $0 $0
2018 $1,564 $225,000 $37,200 $187,800
2017 $1,560 $0 $0 $0
2016 $1,561 $0 $0 $0
2015 $1,481 $224,560 $37,400 $187,160
2014 $1,481 $246,800 $36,700 $210,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3682119

Canopy MLS (Canopy Realtor® Association)

APN: 3734168403420000