NOT LISTED FOR SALE

1240 Jamestowne Dr Elon, NC 27244

Estimated Value: $480,000 - $529,000

4 Beds
2.5 Baths
2,416 Sq Ft
$208/Sq Ft Est. Value

Last Sold October 20, 2016

Last sale price $221,625 $92 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $2,893/month

47 Days on Market

Highlights

  • Deck
  • Attic
  • Attached Garage
  • Wood Flooring
  • 1 Fireplace
  • Cooling Available

About This Home

As of October 2016

Spacious 4 Br With 3 Car Garage, Conveniently Located In Popular Elon Subdivision; 2 Story Den W/Gas Log Fp, Open Plan, Kitchen W/Center Island, Black Appliances. Main Floor Office W/French Doors. Wrap-Around Front Porch. Convenient To Shopping, Schools, I-85/40

Last Agent to Sell the Property

Jane Erwin

Allen Tate/Burlington License #120482 Listed on: 08/04/2016

Allen Tate/Burlington

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,242

Year Built

  • 2004

Lot Details

  • 0.34 Acre Lot
  • Landscaped
  • Rectangular Lot

HOA Fees

  • $20 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Pull Down Stairs to Attic

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Deck

Utilities

  • Cooling Available
  • Heating System Uses Gas
  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 8844991165

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,242

Year Built

2004

Lot Details

0

HOA Fees

$20 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.34
  • Lot Size: 15725
  • Directions: I-85/40 To Exit 140 University Drive. Go North To Church St., Right On Church St., Left On Williamson, Right Into Providence Place. Right On Jamestowne Dr., Home On Right
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 2004
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl, Wood
  • Interior Amenities: Attic, Other, Pull Down Attic Stairs

Exterior Features

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

Garage/Parking

  • Parking Features: Attached, Paved

Utilities

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

Condo/Co-op/Association

  • Association #2 Fee Frequency: Monthly
  • Association Fee: 20.0
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 8844991165
  • Zoning Description: Res

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 8, 2021
Sold by
Mccoy Derrick Dewayne and Mccoy Juestina Y
Bought by
Demase Robert Joseph and Demase Van Lear
Current Estimated Value
$496,797

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,000
Outstanding Balance
$245,163
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$256,989

Purchase Details

Listed on
Aug 4, 2016
Closed on
Oct 13, 2016
Sold by
Moyer Gregory C
Bought by
Mccoy Derrick Dewayne and Mccoy Juestina Y
Seller's Agent
Jane Erwin
Allen Tate/Burlington
List Price
$238,900
Sold Price
$221,625
Premium/Discount to List
-$17,275
-7.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.63%
Original Mortgage
$177,300
Interest Rate
3.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 16, 2015
Sold by
Moyer Jennifer L
Bought by
Moyer Gregory C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 27, 2004
Sold by
The New Fortis Corp
Bought by
Moyer Gregory

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,550
Interest Rate
5.64%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Demase Robert Joseph $348,000 None Available
Mccoy Derrick Dewayne $222,000 Attorney
Moyer Gregory C -- --
Moyer Gregory $236,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Demase Robert Joseph $278,000
Previous Owner Mccoy Derrick Dewayne $177,300
Previous Owner Moyer Gregory C $223,000
Previous Owner Moyer Gregory C $236,650
Previous Owner Moyer Gregory C $207,200
Previous Owner Moyer Gregory C $33,800
Previous Owner Moyer Gregory $188,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2016 10/20/16 Sold $221,625 -7.2% $92 / Sq Ft
09/20/2016 09/20/16 Pending -- -- --
08/04/2016 08/04/16 For Sale $238,900 -- $99 / 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
2025 $2,242 $453,883 $55,000 $398,883
2024 $2,129 $453,883 $55,000 $398,883
2023 $3,532 $453,883 $55,000 $398,883
2022 $2,657 $242,779 $45,000 $197,779
2021 $2,681 $242,779 $45,000 $197,779
2020 $2,706 $242,779 $45,000 $197,779
2019 $2,714 $242,779 $45,000 $197,779
2018 $0 $242,779 $45,000 $197,779
2017 $2,501 $242,779 $45,000 $197,779
2016 $2,685 $268,514 $50,000 $218,514
2015 $1,550 $268,514 $50,000 $218,514
2014 -- $268,514 $50,000 $218,514
Source: Public Records

Agents Affiliated with this Home

  • Jane Erwin

    Seller's Agent in 2016

    Jane Erwin

    Allen Tate/Burlington

    (336) 214-0599

    3 in this area

    57 Total Sales

    Jane Erwin
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Map

Source: Alamance Multiple Listing Service

MLS Number: 92409

APN: 107322

North Carolina Alamance County Elon 27215

1240 Jamestowne Dr, Elon, NC

This home is located at 1240 Jamestowne Dr, Elon, NC 27244 since 04 August 2016 and is currently estimated at $502,152, approximately $207 per square foot. This property was built in 2004. 1240 Jamestowne Dr is a home located in Alamance County with nearby schools including Western Alamance Middle School, Western Alamance High School, and Children's House Montessori.

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