NOT LISTED FOR SALE

1514 Covered Wagon Rd Mc Leansville, NC 27301

Estimated Value: $306,000 - $340,000

4 Beds
2.5 Baths
2,000 Sq Ft
$163/Sq Ft Est. Value

Last Sold November 13, 2014

Last sale price $155,000 $78 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $1,899/month

31 Days on Market

Highlights

  • Transitional Architecture
  • 2 Car Attached Garage
  • Central Air
  • Wood Flooring
  • Kitchen Island
  • Ceiling Fan

About This Home

As of November 2014

Cozy Family Room w/Fireplace, Eat In Kitchen w/gas range, refrigerator, Pantry Island, Built in Desk, Dining Room, Laundry, Bonus Room could be 4th Bedroom, Master bath w/seperate shower, water closet w/window, 2 sinks, soak & relax in the garden tub, 2 car garage, Private backyard, Convenient to I85/40 for easy commutes, play area in the neighborhood,

Last Agent to Sell the Property

Delaina Ellington

Ellington Real Estate Group License #194752 Listed on: 10/03/2014

Co-Listed By

Brian Ellington

Ellington Real Estate Group License #277668

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,516

Year Built

  • Built in 1999

Lot Details

  • 0.27 Acre Lot
  • Property is zoned cupdr

HOA Fees

  • $20 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Transitional Architecture
  • Stone

Interior Spaces

  • 2,000 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Great Room with Fireplace
  • Pull Down Stairs to Attic
  • Dryer Hookup

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Separate Shower

Schools

  • Eastern Guilford Middle School
  • Eastern Guilford High School

Utilities

  • Central Air
  • Heat Pump System
  • Gas Water Heater

Community Details

  • Longmorn Village Subdivision

Listing and Financial Details

  • Tax Lot 65
  • Assessor Parcel Number 0084975
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,516

Year Built

Built in 1999

Lot Details

0

HOA Fees

$20 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.27
  • Co List Office Mls Id: GATC02
  • Co List Office Phone: 336-315-2000
  • Subdivision Name: Longmorn Village
  • Directions: mt hope ch rd. rt on millstream. lt on covered wagon
  • Above Grade Finished Sq Ft: 2000
  • Architectural Style: Transitional
  • Unit Levels: Two
  • Year Built: 1999
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2000
  • TRIADMLS_PorchYN: No
  • TRIADMLS_CityLimitsYN: No
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Microwave, Dishwasher, Disposal, Slide-In Oven/Range, Gas Water Heater
  • Flooring: Carpet, Vinyl, Wood
  • Interior Amenities: Ceiling Fan(s), Soaking Tub, Kitchen Island, Pantry, Separate Shower
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Great Room
  • Fireplaces: 1
  • Living Area: 2000
  • Main Level Bathrooms: 1
  • Attic Description: Pulldown Stairs
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Fencing: None
  • Construction Type: Cement Siding, Stone
  • Flood Zone: Not in Flood Zone

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee: 20
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Elementary School: Sedalia
  • High School: Eastern Guilford
  • Middle Or Junior School: Eastern Guilford

Lot Info

  • Parcel #: 0084975
  • Zoning: cupdr
  • TRIADMLS_PlatPage: 92
  • TRIADMLS_DeedPage: 2480
  • TRIADMLS_DeedBook: 6506
  • TRIADMLS_PlatBook: 129

Tax Info

  • Tax Annual Amount: 1516.41
  • Tax Lot: 65
  • Tax Year: 2013
  • TRIADMLS_TaxRate: 0.87

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 25, 2015
Bought by
Amh 2015-2 Borrower Llc
Current Estimated Value
$325,306

Purchase Details

Listed on
Oct 3, 2014
Closed on
Nov 6, 2014
Sold by
Ingle Chad M and Ingle Amy N
Bought by
American Homes 4 Rent Properties Nine Ll
Seller's Agent
Delaina Ellington
Ellington Real Estate Group
List Price
$169,900
Sold Price
$155,000
Premium/Discount to List
-$14,900
-8.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.10%

Purchase Details

Closed on
Mar 29, 2006
Sold by
Cornell Jeffrey B and Savage Maria J
Bought by
Ingle Chad M and Ingle Amy N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
6.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 24, 1999
Sold by
D R Horton Inc
Bought by
Cornell Jeffrey B and Savage Maria J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.99%
Mortgage Type
Purchase Money Mortgage
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
Amh 2015-2 Borrower Llc -- --
American Homes 4 Rent Properties Nine Ll $155,000 None Available
Ingle Chad M $176,000 None Available
Cornell Jeffrey B $176,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ingle Chad M $106,050
Previous Owner Ingle Chad M $25,000
Previous Owner Ingle Chad M $112,000
Previous Owner Cornell Jeffrey B $25,000
Previous Owner Cornell Jeffrey B $138,000
Previous Owner Cornell Jeffrey B $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2014 11/13/14 Sold $155,000 -8.8% $78 / Sq Ft
11/04/2014 11/04/14 Pending -- -- --
10/03/2014 10/03/14 For Sale $169,900 -- $85 / 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 $1,748 $195,200 $45,000 $150,200
2024 $1,748 $195,200 $45,000 $150,200
2023 $1,748 $195,200 $45,000 $150,200
2022 $1,715 $195,200 $45,000 $150,200
2021 $1,422 $161,900 $30,000 $131,900
2020 $1,413 $161,900 $30,000 $131,900
2019 $1,405 $161,900 $0 $0
2018 $1,398 $161,900 $0 $0
2017 $1,405 $161,900 $0 $0
2016 $1,555 $174,300 $0 $0
2015 $1,564 $174,300 $0 $0
2014 $1,516 $174,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 720828

Triad MLS

APN: 0084975