NOT LISTED FOR SALE

124 Gazebo Dr Elon, NC 27244

West Burlington Neighborhood

Estimated Value: $425,293 - $498,000

4 Beds
2.5 Baths
3,300 Sq Ft
$142/Sq Ft Est. Value

Last Sold September 22, 2017

Last sale price $257,000 $78 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $2,630/month

272 Days on Market

Highlights

  • Built in 2017 | Newly Remodeled
  • Porch
  • Soaking Tub
  • Great Room
  • 2 Car Attached Garage
  • Kitchen Island

About This Home

As of September 2017

NEW Home just minutes from Downtown Elon & convenient to Greensboro/Burlington. 3100HSF and 4BD/2.5BTH, with highlights that include Formal Dining w/ Pantry, Private Office, and Master Sitting Room.

Last Buyer's Agent

Marvette Artis

Wilkinson Triad Realty License #278227

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $298

Year Built

  • Built in 2017 | Newly Remodeled

Lot Details

  • 8,712

Parking

  • 2 Car Attached Garage
  • Front Facing Garage

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 3,126 Sq Ft Home
  • 2,800-3,300 Sq Ft Home
  • Property has 2 Levels
  • Insulated Windows
  • Great Room
  • Partial Basement

Kitchen

  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry on upper level
  • Dryer Hookup

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Porch
  • 8,712 Sq Ft Lot

Community Details

  • Property has a Home Owners Association
  • Forest Creek Subdivision

Listing and Financial Details

  • Tax Lot 96
  • Assessor Parcel Number 117351

Home Details

Home Type

Single Family

Est. Annual Taxes

$298

Year Built

Built in 2017 | Newly Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.2
  • Subdivision Name: Forest Creek
  • Directions: I-40 to University Parkway, turn Left. Left on Powerline, Left on Walker. Right on Colonnade.
  • Above Grade Finished Sq Ft: 3126
  • Unit Levels: Two
  • New Construction: Yes
  • Structure Type: House
  • Year Built: 2017
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2800 - 3300
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: New
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • Special Features: NewHome

Interior Features

  • Appliances: Microwave, Dishwasher, Slide-In Oven/Range, Electric Water Heater
  • Flooring: Carpet, Laminate, Vinyl
  • Interior Amenities: Great Room, Soaking Tub, Kitchen Island, Pantry, Separate Shower
  • Has Basement: Partial
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Living Area: 3126
  • Main Level Bathrooms: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Fencing: None
  • Construction Type: Brick, Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage, Attached, Garage Faces Front
  • Garage Description: Attached Garage, Front Load Garage

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Laundry Room - 2nd Level
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric
  • Energy Features: Insulated Windows

Condo/Co-op/Association

  • Association: Yes

Schools

  • Elementary School: Call School Board
  • High School: Call School Board
  • Middle Or Junior School: Call School Board

Lot Info

  • Parcel #: 117351
  • Zoning: RES
  • TRIADMLS_PlatBook: 071-0265
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 298
  • Tax Lot: 96
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2016
Closed on
Sep 22, 2017
Sold by
True Homes Llc
Bought by
Lawhorn Jenkins and Lawhorn Eric
Buyer's Agent
Marvette Artis
Wilkinson Triad Realty
List Price
$268,005
Sold Price
$257,000
Premium/Discount to List
-$11,005
-4.11%
Current Estimated Value
$468,573

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$211,573
Avg. Annual Appreciation
7.49%
Original Mortgage
$231,300
Outstanding Balance
$192,788
Interest Rate
3.83%
Estimated Equity
$275,785

Purchase Details

Closed on
Nov 10, 2015
Sold by
Forest Creek Investments Llc
Bought by
True Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
3.89%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Lawhorn Jenkins -- --
True Homes Llc $42,000 None Available
True Homes Llc $42,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lawhorn Jenkins $231,300
Closed Lawhorn Jenkins --
Previous Owner True Homes Llc $108,000
Previous Owner True Homes Llc $26,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/22/2017 09/22/17 Sold $257,000 -4.1% $92 / Sq Ft
08/14/2017 08/14/17 Pending -- -- --
11/14/2016 11/14/16 For Sale $268,005 -- $96 / 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
2025 $2,162 $437,679 $45,000 $392,679
2024 $2,053 $437,679 $45,000 $392,679
2023 $3,406 $437,679 $45,000 $392,679
2022 $3,198 $292,167 $42,000 $250,167
2021 $3,172 $287,201 $42,000 $245,201
2020 $3,201 $287,201 $42,000 $245,201
2019 $3,210 $287,201 $42,000 $245,201
2018 $0 $287,201 $42,000 $245,201
2017 $242 $189,114 $42,000 $147,114
2016 $298 $29,750 $29,750 $0
2015 $172 $29,750 $29,750 $0
2014 -- $29,750 $29,750 $0
Source: Public Records

Agents Affiliated with this Home

  • Marvette Artis

    Buyer's Agent in 2017

    Marvette Artis

    Wilkinson Triad Realty

    (336) 339-4247

    51 Total Sales

    Marvette Artis
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Map

Source: Triad MLS

MLS Number: 814230

Triad MLS

APN: 117351

North Carolina Alamance County Elon 27244 West Burlington

124 Gazebo Dr, Elon, NC

Not Listed for Sale

Detached

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