NOT LISTED FOR SALE

1325 Lael Forest Trail Burlington, NC 27215

Southwest Burlington Neighborhood

Estimated Value: $446,908 - $519,000

4 Beds
4 Baths
2,900 Sq Ft
$165/Sq Ft Est. Value

Last Sold January 26, 2018

Last sale price $258,000 $89 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $2,845/month

274 Days on Market

Highlights

  • Newly Remodeled
  • Wood Flooring
  • 2 Car Attached Garage
  • Outdoor Pool
  • Porch
  • Kitchen Island

About This Home

As of January 2018

This GORGEOUS London. Enter into an elegant foyer, see a splendid dining room to the right and walk into the open kitchen. This has is a beautiful exterior, with 4 bedrooms and 4 baths. Includes an incredible stone fireplace, hardwoods, tile in the master, oak tread stairs, gas and stainless steel appliances. MUST SEE! Ask about incentives with buying our available homes and if you choose our preferred lender!

Last Buyer's Agent

Kinzie Bryant

DR Horton License #287713

DR Horton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,220

Year Built

  • Built in 2017 | Newly Remodeled

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 77 x 123 x 70 x 123

HOA Fees

  • $77 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Vinyl Siding
  • Stone

Interior Spaces

  • 2,730 Sq Ft Home
  • 2,400-2,900 Sq Ft Home
  • Property has 2 Levels
  • Great Room with Fireplace
  • Pull Down Stairs to Attic
  • Dryer Hookup

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Separate Shower

Outdoor Features

  • Outdoor Pool
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 172820
  • 1% Total Tax Rate

Community Details

Overview

  • Mackintosh On The Lake Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,220

Year Built

Built in 2017 | Newly Remodeled

Lot Details

0

HOA Fees

$77 per month

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.21
  • Lot Size: 77 x 123 x 70 x 123
  • Co List Office Mls Id: GARA01
  • Co List Office Phone: 336-254-5327
  • Subdivision Name: Mackintosh On The Lake
  • Directions: I-40 to Exit 140, from Greensboro, take a right onto University Drive, right onto Bonnar Bridge. Stay on Bonnar Bridge through the first roundabout. Pass the clubhouse. Right on Loch Ridge. Left on Falkirk. Right onto Lael Forest Trail.
  • Above Grade Finished Sq Ft: 2730
  • Unit Levels: Two
  • New Construction: Yes
  • Structure Type: House
  • Year Built: 2017
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2400 - 2900
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: New
  • Special Features: NewHome

Interior Features

  • Appliances: Microwave, Dishwasher, Disposal, Slide-In Oven/Range, Gas Water Heater
  • Flooring: Carpet, Tile, Vinyl, Wood
  • Interior Amenities: Great Room, Dead Bolt(s), Soaking Tub, Kitchen Island, Pantry, Separate Shower
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Great Room
  • Fireplaces: 1
  • Living Area: 2730
  • Main Level Bathrooms: 1
  • Attic Description: Pulldown Stairs
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_FullBathsUpper: 3

Exterior Features

  • Pool Features: Community
  • Construction Type: Stone, Vinyl Siding
  • TRIADMLS_PoolYN: Yes

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Security: Carbon Monoxide Detector(s)
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee: 231
  • Association Fee Frequency: Quarterly
  • Association: Yes

Lot Info

  • Parcel #: 172820
  • Zoning: RES
  • TRIADMLS_PricePerAcre: 1261428.5714
  • TRIADMLS_DeedPage: 0760
  • TRIADMLS_DeedBook: 3272
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Year: 2017
  • TRIADMLS_TaxRate: 1.16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2017
Closed on
Jan 12, 2018
Sold by
D R Horton Inc A Delaware Corporation
Bought by
Kavirayuni Srinivasa Rao and Upadrasta Subbulakshmi
Buyer's Agent
Kinzie Bryant
DR Horton
List Price
$283,535
Sold Price
$258,000
Premium/Discount to List
-$25,535
-9.01%
Current Estimated Value
$477,727

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,727
Avg. Annual Appreciation
8.25%
Original Mortgage
$193,500
Outstanding Balance
$163,505
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$308,731
Source: Public Records

Range of Values:

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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
Kavirayuni Srinivasa Rao $258,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kavirayuni Srinivasa Rao $193,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2018 01/26/18 Sold $258,000 -9.0% $108 / Sq Ft
12/15/2017 12/15/17 Pending -- -- --
03/15/2017 03/15/17 For Sale $283,535 -- $118 / 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 $2,220 $449,437 $65,000 $384,437
2024 $2,108 $449,437 $65,000 $384,437
2023 $4,094 $449,437 $65,000 $384,437
2022 $3,403 $274,226 $60,000 $214,226
2021 $3,431 $274,226 $60,000 $214,226
2020 $3,458 $274,226 $60,000 $214,226
2019 $3,467 $274,226 $60,000 $214,226
2018 $1,630 $274,226 $60,000 $214,226
2017 $706 $60,000 $60,000 $0
2016 $592 $51,000 $51,000 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Buyer's Agent in 2018

    Kinzie Bryant

    DR Horton

    (803) 608-0969

    237 Total Sales

    Kinzie Bryant
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Map

Source: Triad MLS

MLS Number: 826630

Triad MLS

APN: 172820

North Carolina Alamance County Burlington 27215 Southwest Burlington

1325 Lael Forest Trail, Burlington, NC

This home is located at 1325 Lael Forest Trail, Burlington, NC 27215 since 15 March 2017 and is currently estimated at $477,727, approximately $164 per square foot. This property was built in 2017. 1325 Lael Forest Trail is a home located in Alamance County with nearby schools including Highland Elementary School, Turrentine Middle School, and Walter M. Williams High School.

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