NOT LISTED FOR SALE

1306 Reading Ct Unit 55 KL Burlington, NC 27217

Estimated Value: $439,000 - $487,000

3 Beds
3 Baths
2,000 Sq Ft
$234/Sq Ft Est. Value

Last Sold May 24, 2023

Last sale price $414,735 $207 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,715/month

20 Days on Market

Highlights

  • New Construction
  • Attic
  • 2 Car Attached Garage
  • Partially Wooded Lot
  • Porch
  • Forced Air Zoned Heating and Cooling System

About This Home

As of May 2023

BRAND NEW RANCH PLAN ... ON 2.65 ACRES! Ready for Move-In. This is the Midland II Ranch Plan with a Split Bedroom Floor Plan. Primary Bedroom is on the Left of the Home, 2nd and 3rd Bedrooms are on the Right side of the Home, and all of the "Living" Areas are in the Middle of the Home. Including a Formal Dining Room, Family Room with Fireplace, Kitchen, Breakfast Area, Walk-In Pantry, and the Laundry/Mudroom. This is all on a 2.65 Acre Home Site with Trees on the Back of the Lot. Kernodle Landing is just down the road from The Shallow Ford Natural Area Park with Miles of Natural Walking Trails, Two Canoe Launches on the Haw River, a Wildflower Meadow with an Observation Deck, and Back Woods Camping Areas. We are also in the Very Desirable Western Alamance School District. Our Neighborhood is in a Country Setting within a Couple of Miles from Elon University and Loads of City Conveniences. Please come take a look at one of Alamance County's most unique Large Lot New Home Communities!

Last Agent to Sell the Property

Kenneth Capo

Windsor Real Estate Group License #186581 Listed on: 03/14/2023

Last Buyer's Agent

Lauren Gibson

Barbour & Company License #284517

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $317

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 2.65 Acre Lot
  • Lot Dimensions are 115' x 597' x 355' x 216' x 165' x 429'
  • Partially Wooded Lot
  • Property is zoned R40

HOA Fees

  • $40 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Driveway

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1,877 Sq Ft Home
  • 1,600-2,000 Sq Ft Home
  • Property has 1 Level
  • Great Room with Fireplace
  • Pull Down Stairs to Attic

Kitchen

  • Gas Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Porch

Schools

  • Western Middle School
  • Western Alamance High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Private Water Source
  • Well
  • Gas Water Heater

Community Details

  • Kernodle Landing Subdivision

Listing and Financial Details

  • Tax Lot 55 KL
  • Assessor Parcel Number 177046
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$317

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$40 per month

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 2.65
  • Lot Size: 115' x 597' x 355' x 216' x 165' x 429'
  • Subdivision Name: Kernodle Landing
  • Directions: From I-40 take exit #140 (Elon) go North 3.9 miles, Turn Left Shallowford Church Rd. Stay Right at the "Y" go 1.6 miles, turn Left Hwy 87 go 1.5 miles, turn Right Gerringer Mill Rd go 1 mile, turn Right Kernodle Landing Dr, Left Terry Smith, Rt Reading Ct
  • Above Grade Finished Sq Ft: 1877
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: Yes
  • Structure Type: House
  • Year Built: 2023
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1600 - 2000
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: No
  • TRIADMLS_BuiltInformation: New
  • TRIADMLS_FencedYN: No
  • Special Features: NewHome

Interior Features

  • Appliances: Microwave, Dishwasher, Disposal, Range, Gas Cooktop, Range Hood, Gas Water Heater
  • Flooring: Carpet, Vinyl
  • Has Basement: Crawl Space
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Great Room
  • Fireplaces: 1
  • Living Area: 1877
  • Main Level Bathrooms: 2
  • Attic Description: Partially Floored, Pulldown Stairs
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

  • Fencing: None
  • Lot Features: Partially Wooded
  • Pool Features: None
  • Construction Type: Brick, Vinyl Siding
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone
  • Completion Date: 2023-01-25T05:00:00.000Z

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Driveway, Garage, Paved, Attached, Garage Faces Side
  • Garage Description: Attached Garage, Side Load Garage

Utilities

  • Sewer: Private Sewer, Septic Tank
  • Cooling: Central Air, Zoned
  • Heating: Fireplace(s), Forced Air, Zoned, Natural Gas
  • Water Source: Private, Well
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Gas

Condo/Co-op/Association

  • Association #2 Fee Frequency: Monthly
  • Association Fee: 40
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Elementary School: Altamahaw-Ossipee
  • High School: Western Alamance
  • Middle Or Junior School: Western

Lot Info

  • Parcel #: 177046
  • Zoning: R40
  • TRIADMLS_PricePerAcre: 156503.7736
  • TRIADMLS_DeedPage: 41
  • TRIADMLS_DeedBook: 4308
  • TRIADMLS_PlatBook: 082-0112
  • TRIADMLS_AcresRange: 2 - 3

Tax Info

  • Tax Annual Amount: 317
  • Tax Lot: 55 KL
  • Tax Year: 2022
  • TRIADMLS_TaxRate: 0.81

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2023
Closed on
May 24, 2023
Sold by
Windsor Investments Llc
Bought by
Schmidt Rob A and Schmidt Carissa E
Seller's Agent
Kenneth Capo
Windsor Real Estate Group
Buyer's Agent
Lauren Gibson
Barbour & Company
List Price
$424,345
Sold Price
$414,735
Premium/Discount to List
-$9,610
-2.26%
Views
92
Current Estimated Value
$468,167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,432
Avg. Annual Appreciation
5.25%
Original Mortgage
$331,750
Outstanding Balance
$310,954
Interest Rate
1.5%
Mortgage Type
New Conventional
Estimated Equity
$157,213
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
Schmidt Rob A $415,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schmidt Rob A $331,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2023 05/24/23 Sold $414,735 0.0% $259 / Sq Ft
04/04/2023 04/04/23 Pending -- -- --
03/21/2023 03/21/23 Price Changed $414,735 -2.3% $259 / Sq Ft
03/14/2023 03/14/23 For Sale $424,345 -- $265 / 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 $2,312 $376,543 $73,425 $303,118
2024 $2,143 $376,543 $73,425 $303,118
2023 $1,672 $315,920 $73,425 $242,495
2022 $317 $40,287 $40,287 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2023

    Kenneth Capo

    Windsor Real Estate Group

    (919) 225-6990

    42 Total Sales

    Kenneth Capo
    Section Image
  • Lauren Gibson

    Buyer's Agent in 2023

    Lauren Gibson

    Barbour & Company

    (336) 830-2126

    221 Total Sales

    Lauren Gibson
    Section Image
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Map

Source: Triad MLS

MLS Number: 1099381

Triad MLS

APN: 177046

North Carolina Alamance County Burlington 27217

1306 Reading Ct Unit 55 KL, Burlington, NC

This home is located at 1306 Reading Ct Unit 55 KL, Burlington, NC 27217 since 14 March 2023 and is currently estimated at $468,167, approximately $234 per square foot. This property was built in 2023. 1306 Reading Ct Unit 55 KL is a home located in Alamance County with nearby schools including Altamahaw Ossipee Elementary School, Western Alamance Middle School, and Western Alamance High School.

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