NOT LISTED FOR SALE

1427 Ridgecrest Ave Burlington, NC 27215

West Burlington Neighborhood

Estimated Value: $215,000 - $271,081

3 Beds
2 Baths
1,400 Sq Ft
$177/Sq Ft Est. Value

Last Sold April 07, 2020

Last sale price $130,000 $93 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $1,516/month

8 Days on Market

Highlights

  • No HOA
  • 1 Car Attached Garage
  • Wood Siding
  • Porch
  • Forced Air Heating and Cooling System
  • Carpet

About This Home

As of April 2020

Property is owned by US Depart of HUD, case 381-724170. FHA Financing is IE. Insured with escrow. $770 in repair escrow. Subject to Appraisal. HUD homes are sold AS-IS. Equal Housing Opportunity. Seller makes no represent/warrant as to prop condition. Seller may contribute up to 3% for buyer's closing costs upon buyer request. Owner-Occupant borrowers may qualify for $100 down paymt w/ FHA.

Last Agent to Sell the Property

Paula Fields

My Favorite Realty, Inc License #243993 Listed on: 02/22/2020

Last Buyer's Agent

eugene elikh

AHB Realty and Property Mgt License #316592

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $430

Year Built

  • Built in 1992

Lot Details

  • 0.36 Acre Lot
  • Property is zoned R15

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Wood Siding

Interior Spaces

  • 1,262 Sq Ft Home
  • 1,100-1,400 Sq Ft Home
  • Property has 1 Level
  • Den with Fireplace
  • Pull Down Stairs to Attic

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Porch

Utilities

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

Community Details

  • No Home Owners Association
  • Ridgecrest Court Subdivision

Listing and Financial Details

  • Assessor Parcel Number 123222
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$430

Year Built

Built in 1992

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.36
  • Subdivision Name: Ridgecrest Court
  • Directions: I40E, Exit 141, L on Huffman Mill Rd, cont straight onto Shadowbrook Dr, cont onto Briarcliff Rd, R on W Front St, L on Ridgecrest, house on right in cul-de-sac.
  • Above Grade Finished Sq Ft: 1262
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1992
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1100 - 1400
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Carpet, Laminate
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Den
  • Fireplaces: 1
  • Living Area: 1262
  • Main Level Bathrooms: 2
  • Attic Description: Pulldown Stairs
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Fencing: None
  • Pool Features: None
  • Construction Type: Wood Siding
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Driveway, Garage, Attached
  • Garage Description: Attached Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Electric
  • Energy Features: None

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 123222
  • Zoning: R15
  • TRIADMLS_PricePerAcre: 333333.3333
  • TRIADMLS_DeedPage: 299
  • TRIADMLS_DeedBook: 2218
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 429.5
  • Tax Year: 2019
  • TRIADMLS_TaxRate: 1.2673

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2020
Closed on
Apr 6, 2020
Sold by
Secretary Of Housing And Urban Dev Of Wa
Bought by
Elikh Oleg I and Elikh Lyndmila V
Seller's Agent
Paula Fields
My Favorite Realty, Inc
Buyer's Agent
eugene elikh
AHB Realty and Property Mgt
Sold Price
$130,000
Current Estimated Value
$258,751

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,751
Avg. Annual Appreciation
13.40%
Original Mortgage
$115,000
Outstanding Balance
$103,625
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$151,187

Purchase Details

Closed on
Oct 29, 2019
Sold by
Bennett Frances M
Bought by
The Secretary Of Hud
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
Elikh Oleg I -- None Available
The Secretary Of Hud -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elikh Oleg Igorevich $50,000
Open Elikh Oleg I $115,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2020 04/07/20 Sold $130,000 -- $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
2024 $1,188 $253,353 $65,000 $188,353
2023 $2,308 $253,353 $65,000 $188,353
2022 $1,590 $128,093 $36,500 $91,593
2021 $1,602 $128,093 $36,500 $91,593
2020 $1,615 $128,093 $36,500 $91,593
2019 $810 $128,093 $36,500 $91,593
2018 $381 $128,093 $36,500 $91,593
2017 $1,508 $128,093 $36,500 $91,593
2016 $1,456 $125,518 $36,500 $89,018
2015 $362 $125,518 $36,500 $89,018
2014 -- $125,518 $36,500 $89,018
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2020

    Paula Fields

    My Favorite Realty, Inc

    (336) 543-8683

    48 Total Sales

    Section Image

  • e

    Buyer's Agent in 2020

    eugene elikh

    AHB Realty and Property Mgt

    (717) 715-2767

    4 Total Sales

    Section Image
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Map

Source: Triad MLS

MLS Number: 967098

Triad MLS

APN: 123222

North Carolina Alamance County Burlington 27215 West Burlington

1427 Ridgecrest Ave, Burlington, NC

This home is located at 1427 Ridgecrest Ave, Burlington, NC 27215 since 22 February 2020 and is currently estimated at $248,020, approximately $177 per square foot. This property was built in 1992. 1427 Ridgecrest Ave is a home located in Alamance County with nearby schools including Marvin B. Smith Elementary School, Turrentine Middle School, and Walter M. Williams High School.

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