NOT LISTED FOR SALE

1518 Covered Wagon Rd Mc Leansville, NC 27301

Estimated Value: $314,330 - $332,000

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

Last Sold May 07, 2021

Last sale price $260,000 $130 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,897/month

1 Day on Market

Highlights

  • Wood Flooring
  • Forced Air Heating and Cooling System
  • Fenced
  • 2 Car Attached Garage

About This Home

As of May 2021

1-story ranch. Well-maintained. Open floor plan - split BRs. Vaulted & treyed ceilings. Lots of HW floors. Vinyl-tilt windows. Roof 2017. Tar Heel Basement enclosed crawl space 2013.Master bath appears possibly handicap accessible: Wheel chair lift in garage remains. House not available for possession until after May 6, 2021

Last Agent to Sell the Property

Jane Erwin

Allen Tate - Burlington License #120482 Listed on: 03/29/2021

Allen Tate - Burlington

Last Buyer's Agent

Toni Roland

Coldwell Banker Advantage License #301149

Coldwell Banker Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,151

Year Built

  • Built in 1998

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 75 x 162 x 77 x 162
  • Fenced
  • Cleared Lot
  • Property is zoned CU-PDR

HOA Fees

  • $22 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage

Interior Spaces

  • 1,842 Sq Ft Home
  • 1,600-2,000 Sq Ft Home
  • Property has 1 Level
  • Insulated Windows
  • Living Room with Fireplace
  • Dryer Hookup

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Eastern Guilford Middle School
  • Eastern Guilford High School

Utilities

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

Community Details

  • Longmorn Village Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0084977
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,151

Year Built

Built in 1998

Lot Details

0

HOA Fees

$22 per month

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.28
  • Lot Size: 75 x 162 x 77 x 162
  • Subdivision Name: Longmorn Village
  • Directions: I-85/40 to Exit 132 Mt Hope Rd. South. Turn RIGHT on Millstream. LEFT on Covered Wagon. Home on RIGHT
  • Above Grade Finished Sq Ft: 1842
  • Architectural Style: Ranch
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1998
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1600 - 2000
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • Special Features: None

Interior Features

  • Appliances: Microwave, Dishwasher, Disposal, Slide-In Oven/Range, Gas Water Heater
  • Flooring: Laminate, Vinyl, Wood
  • Interior Amenities: Built-in Features, Pantry, Vaulted Ceiling(s)
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Living Room
  • Fireplaces: 1
  • Living Area: 1842
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Fencing: Fenced, Privacy
  • Lot Features: Cleared
  • Pool Features: None
  • Construction Type: Cement Siding
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage, Paved, Attached, Garage Faces Front
  • Garage Description: Attached Garage, Front Load Garage

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Gas
  • Energy Features: Insulated Windows

Condo/Co-op/Association

  • Association Fee: 22
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 0084977
  • Zoning: CU-PDR
  • TRIADMLS_PricePerAcre: 892500
  • TRIADMLS_DeedPage: 2629
  • TRIADMLS_DeedBook: 7186
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 1151
  • Tax Year: 2020
  • TRIADMLS_TaxRate: 0.73

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 19, 2023
Sold by
Foster Penny H
Bought by
Penny H Foster Revocable Trust and Foster
Current Estimated Value
$325,583

Purchase Details

Listed on
Mar 29, 2021
Closed on
Apr 28, 2021
Sold by
Moore Helen R
Bought by
Foster Penny H
Seller's Agent
Jane Erwin
Allen Tate - Burlington
Buyer's Agent
Toni Roland
Coldwell Banker Advantage
List Price
$249,900
Sold Price
$260,000
Premium/Discount to List
$10,100
4.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.33%
Original Mortgage
$196,988
Interest Rate
3.1%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 22, 2010
Sold by
Johnson William Larry
Bought by
Moore Helen R and Moore Michael K

Purchase Details

Closed on
Jun 9, 2008
Sold by
Grimes Michael D
Bought by
Deutsche Bank Trust Co and Morgan Stanley Home Equity Loan Trust Ms

Purchase Details

Closed on
Aug 24, 1999
Sold by
D R Horton Inc
Bought by
Johnson William Larry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,900
Interest Rate
7.5%
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
Penny H Foster Revocable Trust -- None Listed On Document
Foster Penny H $260,000 None Available
Moore Helen R $178,000 None Available
Deutsche Bank Trust Co $246,500 None Available
Johnson William Larry $181,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Foster Penny H $196,988
Previous Owner Moore Michael K $50,000
Previous Owner Johnson William L $51,500
Previous Owner Johnson William Larry $40,000
Previous Owner Johnson William Larry $35,000
Previous Owner Johnson William L $163,800
Previous Owner Johnson William L $163,800
Previous Owner Johnson William Larry $162,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2021 05/07/21 Sold $260,000 +4.0% $163 / Sq Ft
03/31/2021 03/31/21 Pending -- -- --
03/29/2021 03/29/21 For Sale $249,900 -- $156 / 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 $1,677 $187,300 $45,000 $142,300
2024 $1,677 $187,300 $45,000 $142,300
2023 $1,677 $187,300 $45,000 $142,300
2022 $1,646 $187,300 $45,000 $142,300
2021 $990 $157,700 $30,000 $127,700
2020 $984 $157,700 $30,000 $127,700
2019 $978 $157,700 $0 $0
2018 $973 $157,700 $0 $0
2017 $1,368 $157,700 $0 $0
2016 $1,517 $170,000 $0 $0
2015 $1,525 $170,000 $0 $0
2014 $1,479 $170,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1018119

Triad MLS

APN: 0084977