NOT LISTED FOR SALE

1318 Reading Ct Unit Lot52 Burlington, NC 27217

Estimated Value: $489,837 - $505,000

4 Beds
2.5 Baths
3,000 Sq Ft
$165/Sq Ft Est. Value

Last Sold February 13, 2024

Last sale price $448,900 $150 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,015/month

172 Days on Market

Highlights

  • New Construction
  • Porch
  • Tankless Water Heater
  • Transitional Architecture
  • 2 Car Attached Garage
  • Multiple cooling system units

About This Home

As of February 2024

WOW ... 4.875 % - 30 YEAR FIXED RATE MORTGAGE!!! This approximately 2826 Sq Ft plan is a Brand New 4 Bedroom / 2 1/2 Bath with a Home Office on the 1st Floor and 4 Large Bedrooms on the 2nd Floor ... All on .79 Acres in Alamance County and Very Close to Western Alamance Middle and High Schools. Kernodle Landing is just down the road from The Shallow Ford Natural Area Park with Miles of Natural Walking Trails, Two Canoe Launches, a Wildflower Meadow with Observation Deck, and Back Woods Camping Areas. 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! (Seller Buy Down is Based on Daily Market Rates, Loan to Value, and Buyer Qualification ... must use Preferred Lender, Closing Attorney, and Title Company to receive Promotion. Advertised Rate is Directly Tied To Market Rate and may change without notice)

Last Agent to Sell the Property

Kenneth Capo

Windsor Real Estate Group License #186581 Listed on: 07/25/2023

Last Buyer's Agent

Kenneth Capo

Windsor Real Estate Group License #186581 Listed on: 07/25/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $187

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 0.73 Acre Lot
  • Lot Dimensions are 113 x 275 x 113 x 288
  • Property is zoned R40

HOA Fees

  • $40 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Transitional Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 2,772 Sq Ft Home
  • 2,400-3,000 Sq Ft Home
  • Property has 2 Levels
  • Great Room with Fireplace

Kitchen

  • Gas Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Porch

Schools

  • Western Middle School
  • Western Alamance High School

Utilities

  • Multiple cooling system units
  • Forced Air Heating and Cooling System
  • Multiple Heating Units
  • Heating System Uses Natural Gas
  • Private Water Source
  • Well
  • Tankless Water Heater
  • Gas Water Heater

Community Details

  • Kernodle Landing Subdivision

Listing and Financial Details

  • Tax Lot 52
  • Assessor Parcel Number 177049
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$187

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: 0.73
  • Lot Size: 113 x 275 x 113 x 288
  • Subdivision Name: Kernodle Landing
  • Directions: From I-40 exit #140 (Elon) go North 3.9 miles, Lt Shallowford Church Rd. Rt at the "Y" go 1.6 miles, Lt Hwy 87 go 1.5 miles, Rt Gerringer Mill Rd go 1 mile, Rt Kernodle Landing Dr, Lt Terry Smith Trail, Rt Reading Court, 5th house on Left
  • Above Grade Finished Sq Ft: 2772
  • Architectural Style: Transitional
  • Unit Levels: Two
  • New Construction: Yes
  • Structure Type: House
  • Year Built: 2023
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2400 - 3000
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: No
  • TRIADMLS_BuiltInformation: New
  • TRIADMLS_FencedYN: No
  • Special Features: NewHome

Interior Features

  • Appliances: Dishwasher, Disposal, Gas Cooktop, Gas Water Heater, Tankless Water Heater
  • Flooring: Carpet, Vinyl
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Great Room
  • Fireplaces: 1
  • Living Area: 2772
  • Main Level Bathrooms: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Fencing: None
  • Pool Features: None
  • Construction Type: Brick, Vinyl Siding
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone
  • Completion Date: 2023-07-31T04:00:00.000Z

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Driveway, Garage, Attached
  • Garage Description: Attached Garage

Utilities

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

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 #: 177049
  • Zoning: R40
  • TRIADMLS_PricePerAcre: 614931.5068
  • TRIADMLS_PlatPage: 0112
  • TRIADMLS_DeedPage: 148
  • TRIADMLS_DeedBook: 4341
  • TRIADMLS_PlatBook: 082
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 187
  • Tax Lot: 52
  • Tax Year: 2022
  • TRIADMLS_TaxRate: 0.81

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2023
Closed on
Feb 13, 2024
Sold by
Windsor Investments Llc
Bought by
Floyd Darryl
Seller's Agent
Kenneth Capo
Windsor Real Estate Group
Buyer's Agent
Kenneth Capo
Windsor Real Estate Group
List Price
$469,990
Sold Price
$448,900
Premium/Discount to List
-$21,090
-4.49%
Views
130
Current Estimated Value
$500,324

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,424
Avg. Annual Appreciation
7.48%
Original Mortgage
$450,900
Outstanding Balance
$445,421
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$54,023
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
Floyd Darryl $449,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Floyd Darryl $450,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2024 02/13/24 Sold $448,900 -4.3% $187 / Sq Ft
01/14/2024 01/14/24 Pending -- -- --
10/11/2023 10/11/23 Price Changed $468,990 -0.2% $195 / Sq Ft
07/25/2023 07/25/23 For Sale $469,990 -- $196 / 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
2024 $2,544 $447,079 $48,435 $398,644
2023 $18 $226,759 $48,435 $178,324
2022 $187 $23,815 $23,815 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2024

    Kenneth Capo

    Windsor Real Estate Group

    (919) 225-6990

    41 Total Sales

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Map

Source: Triad MLS

MLS Number: 1114093

Triad MLS

APN: 177049

North Carolina Alamance County Burlington 27217

1318 Reading Ct Unit Lot52, Burlington, NC

This home is located at 1318 Reading Ct Unit Lot52, Burlington, NC 27217 since 25 July 2023 and is currently estimated at $494,709, approximately $164 per square foot. This property was built in 2023. 1318 Reading Ct Unit Lot52 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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