NOT LISTED FOR SALE

1293 Stone Gables Dr Elon, NC 27244

Estimated Value: $464,000 - $529,000

3 Beds
2.5 Baths
350 Sq Ft
$1,385/Sq Ft Est. Value

Last Sold December 08, 2021

Last sale price $410,000 $1,171 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,857/month

15 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Granite Countertops
  • Vaulted Ceiling
  • 1 Fireplace
  • Porch

About This Home

As of December 2021

Home in desirable Elon - close to the University. This spacious all brick single family home features both modern amenities and architectural character in a fantastic location. From the double door entrance to the double garage with additional workshop area, this home boasts a first floor master, large eat-in kitchen with a pantry and plenty of cabinets. The great room features an oversized fireplace, is adjacent to a formal dining room and leads out to a spacious covered deck. The master bedroom and bath include a large garden bath tub and a separate shower. The upstairs has two bedrooms that share a Jack-n-Jill bathroom and walk in closets. Downstairs has a bonus room with separate entrance off the driveway. The lower level includes the garage and workshop, as well as a huge storage area. Located in this desirable school district, this home will not last long in this market. Schedule a showing before it is gone!

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,199

Year Built

  • 2010

Lot Details

  • 6,578 Sq Ft Lot
  • Lot Dimensions are 68x99
  • Landscaped
  • Rectangular Lot
  • Irrigation Equipment
  • Zoning described as SF

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 350 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • 1 Fireplace
  • Insulated Windows
  • Dryer
  • Basement

Kitchen

  • Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Deck
  • Porch

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Gas
  • Heat Pump System
  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 171704

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,199

Year Built

2010

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.15
  • Lot Size: 68x99
  • Directions: From I-40, exit 140, north on University Drive, Left on Shallowford Church Rd, Left on Elon-Ossipee Dr, Left on Stone Gables Drive
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 2010
  • Property Sub Type Additional: Single Family Residence
  • General Property Information Below Grade Unfinished Area: 350.0
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Gas Water Heater, Microwave, Oven, Refrigerator, Range Hood, Washer
  • Other Equipment: Irrigation Equipment
  • Has Basement: Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 350.0
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Wood
  • Interior Amenities: Granite Counters, Other, Pantry, Vaulted Ceiling(s)
  • Living Area: 350.0
  • Window Features: Insulated Windows

Exterior Features

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

Garage/Parking

  • Parking Features: Attached, Paved

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas, Heat Pump
  • Heating Yn: Yes
  • Utilities: Cable Available, Underground Utilities

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Association Fee: 75.0
  • Association Fee Frequency: Quarterly

Lot Info

  • Lot Size Sq Ft: 6578.0
  • Parcel #: 171704
  • Zoning Description: SF

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2021
Closed on
Nov 29, 2021
Sold by
Brewer Lisa J and Brewer James L
Bought by
Russell Carlo E and Russell Milagros R
List Price
$419,900
Sold Price
$410,000
Premium/Discount to List
-$9,900
-2.36%
Current Estimated Value
$483,837

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,837
Avg. Annual Appreciation
4.53%
Original Mortgage
$362,598
Outstanding Balance
$339,031
Interest Rate
3.14%
Mortgage Type
FHA
Estimated Equity
$143,209

Purchase Details

Closed on
Nov 29, 2012
Sold by
Stone Gables Partners Llc
Bought by
Brewer Lisa J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
3.4%
Mortgage Type
New Conventional
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
Russell Carlo E $410,000 None Available
Brewer Lisa J $260,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Russell Carlo E $362,598
Previous Owner Brewer James L $65,000
Previous Owner Brewer Lisa J $208,000
Previous Owner Brewer Lisa J $25,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2021 12/08/21 Sold $410,000 -2.4% $1,171 / Sq Ft
11/10/2021 11/10/21 Pending -- -- --
10/26/2021 10/26/21 For Sale $419,900 -- $1,200 / 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
2024 $2,199 $468,903 $50,000 $418,903
2023 $3,648 $468,903 $50,000 $418,903
2022 $3,274 $299,163 $40,000 $259,163
2021 $3,304 $299,163 $40,000 $259,163
2020 $3,334 $299,163 $40,000 $259,163
2019 $3,344 $299,163 $40,000 $259,163
2018 $0 $299,163 $40,000 $259,163
2017 $1,726 $299,163 $40,000 $259,163
2016 $3,387 $338,668 $40,000 $298,668
2015 $1,954 $338,668 $40,000 $298,668
2014 -- $338,668 $40,000 $298,668
Source: Public Records

Map

Source: Alamance Multiple Listing Service

MLS Number: 120360

APN: 171704