NOT LISTED FOR SALE

1506 Thames Ct Elon, NC 27244

Estimated Value: $635,900 - $722,000

4 Beds
3.5 Baths
3,600 Sq Ft
$187/Sq Ft Est. Value

Last Sold October 02, 2020

Last sale price $477,500 $133 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $3,768/month

3 Days on Market

Highlights

  • Traditional Architecture
  • Main Floor Primary Bedroom
  • Porch
  • Wood Flooring
  • Attic
  • 2 Car Attached Garage

About This Home

As of October 2020

Custom brick home on quiet cul de sac features 2 story foyer w/hardwoods throughout. Kitchen has granite c'tops & SS appliances including Bosch gas stove/microwave & opens to den w/gas fireplace. Breakfast area overlooks fenced-in backyard. Large flex room off kitchen has tile floor. 1st floor master has double crown molding & master bath has double vanity w/jetted tub & separate shower w/large walk-in closet. 3 bedrooms & possible 4th/study on second floor w/two bathrooms including a Jack & Jill.

Last Agent to Sell the Property

Jim Wooten

Keller Williams Central License #272830 Listed on: 09/10/2020

Keller Williams Central

Last Buyer's Agent

NONMEMBER NONMEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,626

Year Built

  • Built in 1999

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 22 x 21 x 126 x 187 x 205
  • Fenced
  • Sprinkler System

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 3,383 Sq Ft Home
  • 3,000-3,600 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Gas Log Fireplace
  • Den with Fireplace
  • Crawl Space

Kitchen

  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Separate Shower

Attic

  • Walk-In Attic
  • Pull Down Stairs to Attic

Schools

  • Western Middle School
  • Western Alamance High School

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • Porch
  • City Lot

Community Details

  • Georgetowne Subdivision

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 114802
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,626

Year Built

Built in 1999

Lot Details

0

HOA Fees

$17 per month

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.35
  • Lot Size: 22 x 21 x 126 x 187 x 205
  • Subdivision Name: Georgetowne
  • Directions: From University Drive, turn right onto S. Church Street/US 70 E. Turn left onto Meadowood Drive, take a left onto Georgetowne Drive & then right onto Thames Court- house is on the right.
  • Above Grade Finished Sq Ft: 3383
  • Architectural Style: Traditional
  • Unit Levels: Two
  • Structure Type: House
  • Year Built: 1999
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 3000 - 3600
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • Special Features: None

Interior Features

  • Appliances: Microwave, Dishwasher, Disposal, Gas Cooktop, Range Hood, Gas Water Heater
  • Flooring: Tile, Wood
  • Interior Amenities: Ceiling Fan(s), Pantry, Separate Shower
  • Has Basement: Crawl Space
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Den
  • Fireplaces: 1
  • Living Area: 3383
  • Main Level Bathrooms: 2
  • Attic Description: Floored Attic, Pulldown Stairs, Walk in Attic
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Exterior Features: Sprinkler System
  • Fencing: Fenced
  • Lot Features: City Lot
  • Pool Features: None
  • Construction Type: Brick
  • TRIADMLS_PoolYN: No

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Zoned
  • Heating: Fireplace(s), Heat Pump, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee: 200
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Highland
  • High School: Western Alamance
  • Middle Or Junior School: Western

Lot Info

  • Parcel #: 114802
  • Zoning: Residential
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 2626
  • Tax Lot: 6
  • Tax Year: 2020
  • TRIADMLS_TaxRate: 1.04

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2020
Closed on
Oct 2, 2020
Sold by
Troutman Steven Jason and Troutman Jamie Whitman
Bought by
Phillips David L and Phillips Phyllis S
Seller's Agent
Jim Wooten
Keller Williams Central
Buyer's Agent
NONMEMBER NONMEMBER
List Price
$475,000
Sold Price
$477,500
Premium/Discount to List
$2,500
0.53%
Current Estimated Value
$671,725

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,225
Avg. Annual Appreciation
6.66%

Purchase Details

Listed on
May 4, 2019
Closed on
Jun 13, 2019
Sold by
Forsyth Sylvia Ann
Bought by
Troutman Steven Jason and Troutman Jamie Whitman
Seller's Agent
Tami Koury
Keller Williams Central
Buyer's Agent
Donna Parker Davis
Re/MaxDiamond Realty
List Price
$455,000
Sold Price
$435,000
Premium/Discount to List
-$20,000
-4.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.55%
Original Mortgage
$413,250
Interest Rate
4.1%

Purchase Details

Closed on
Apr 18, 2002
Sold by
Collins Benjamin K
Bought by
Forsyth David J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 2001
Sold by
Collins Patty R
Bought by
Collins B Kenneth

Purchase Details

Closed on
Nov 24, 1999
Sold by
T G B Enterprises
Bought by
Colllins Benjamin K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
7.89%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Phillips David L $477,500 None Available
Troutman Steven Jason $435,000 Attorney
Forsyth David J $325,000 --
Collins B Kenneth -- --
Colllins Benjamin K $309,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Troutman Steven Jason $413,250
Previous Owner Forsyth David J $200,000
Previous Owner Colllins Benjamin K $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/02/2020 10/02/20 Sold $477,500 +0.5% $159 / Sq Ft
09/14/2020 09/14/20 Pending -- -- --
09/10/2020 09/10/20 For Sale $475,000 +9.2% $158 / Sq Ft
06/21/2019 06/21/19 Sold $435,000 -4.4% $124 / Sq Ft View Prior Sale
05/22/2019 05/22/19 Pending -- -- --
05/04/2019 05/04/19 For Sale $455,000 -- $130 / 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 $2,869 $580,674 $75,000 $505,674
2024 $2,723 $580,674 $75,000 $505,674
2023 $4,518 $580,674 $75,000 $505,674
2022 $4,312 $393,938 $55,000 $338,938
2021 $4,351 $393,938 $55,000 $338,938
2020 $4,390 $393,938 $55,000 $338,938
2019 $4,403 $393,938 $55,000 $338,938
2018 $0 $393,938 $55,000 $338,938
2017 $4,058 $393,938 $55,000 $338,938
2016 $3,827 $382,719 $50,000 $332,719
2015 $2,209 $382,719 $50,000 $332,719
2014 -- $382,719 $50,000 $332,719
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 993303

Triad MLS

APN: 114802