NOT LISTED FOR SALE

1319 Reading Ct Unit Lot 33 Burlington, NC 27217

Estimated Value: $502,000 - $530,000

4 Beds
3.5 Baths
3,000 Sq Ft
$173/Sq Ft Est. Value

Last Sold January 26, 2024

Last sale price $494,700 $165 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,119/month

78 Days on Market

Highlights

  • New Construction
  • Traditional Architecture
  • Attic
  • Partially Wooded Lot
  • Main Floor Primary Bedroom
  • Porch

About This Home

As of January 2024

WOW ... 6.00 % - 30 YEAR FIXED RATE MORTGAGE!!! This approximately 2775 Sq Ft plan is a Brand New 4 Bedroom / 3 1/2 Bath with the Primary Bedroom on the 1st Floor and 3 Large Bedrooms and a Loft on the 2nd Floor ... All on .83 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: 10/16/2023

Last Buyer's Agent

Carol Maddox

Elevation Realty License #270414

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $198

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 0.83 Acre Lot
  • Lot Dimensions are 122 x 250 x 167 x 250
  • Partially Wooded Lot
  • Property is zoned R40

HOA Fees

  • $40 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 2,775 Sq Ft Home
  • 2,400-3,000 Sq Ft Home
  • Property has 2 Levels
  • Great Room with Fireplace
  • Pull Down Stairs to Attic

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Separate Shower

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 33 KL
  • Assessor Parcel Number 177040
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$198

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: 0.83
  • Lot Size: 122 x 250 x 167 x 250
  • 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 Rt
  • Above Grade Finished Sq Ft: 2775
  • Architectural Style: Traditional
  • Unit Levels: Two
  • New Construction: Yes
  • Structure Type: House
  • Year Built: 2023
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2400 - 3000
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: No
  • TRIADMLS_BuiltInformation: New
  • TRIADMLS_FencedYN: No
  • Special Features: NewHome

Interior Features

  • Appliances: Microwave, Dishwasher, Disposal, Cooktop, Range Hood, Gas Water Heater, Tankless Water Heater
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Soaking Tub, Pantry, Separate Shower
  • Has Basement: Crawl Space
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Great Room
  • Fireplaces: 1
  • Living Area: 2775
  • Main Level Bathrooms: 2
  • Attic Description: Partially Floored, Pulldown Stairs
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 2

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: 2023-10-15T04:00:00.000Z

Garage/Parking

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

Utilities

  • Sewer: Private Sewer, Septic Tank
  • Laundry Features: Main Level
  • Cooling: Central Air, Multiple Systems
  • Heating: Forced Air, Multiple Systems, Natural Gas
  • Water Source: Private, Well
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Gas, Tankless

Condo/Co-op/Association

  • 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 #: 177040
  • Zoning: R40
  • TRIADMLS_PricePerAcre: 596024.0964
  • TRIADMLS_DeedPage: 222
  • TRIADMLS_DeedBook: 4412
  • TRIADMLS_PlatBook: 082-0112
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 198
  • Tax Lot: 33 KL
  • Tax Year: 2022
  • TRIADMLS_TaxRate: 0.54

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2023
Closed on
Jan 26, 2024
Sold by
Windsor Investments Llc
Bought by
Panter James R and Panter Jennifer L
Seller's Agent
Kenneth Capo
Windsor Real Estate Group
Buyer's Agent
Carol Maddox
Elevation Realty
List Price
$499,900
Sold Price
$494,700
Premium/Discount to List
-$5,200
-1.04%
Views
77
Current Estimated Value
$517,945

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,245
Avg. Annual Appreciation
3.32%
Original Mortgage
$384,900
Outstanding Balance
$380,205
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$139,655

Purchase Details

Closed on
Nov 7, 2022
Sold by
Gerringer Mill Road Llc
Bought by
Windsor Investments Llc
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
Panter James R $495,000 None Listed On Document
Windsor Investments Llc $220,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Panter James R $384,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2024 01/26/24 Sold $494,700 -0.8% $206 / Sq Ft
01/03/2024 01/03/24 Pending -- -- --
10/22/2023 10/22/23 Price Changed $498,900 -0.2% $208 / Sq Ft
10/16/2023 10/16/23 For Sale $499,900 -- $208 / 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 $2,624 $461,198 $51,266 $409,932
2023 $21 $51,266 $51,266 $0
2022 $198 $25,176 $25,176 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1122387

Triad MLS

APN: 177040