$325,000
SOLD MAY 7, 2025

1521 N Carolina 87 Elon, NC 27244

3 Beds
2 Baths
2,198 Sq Ft
1.23 Acres

Recently Sold

$148 Per Sq Ft

14% Below List Price

38 Days on Market

Highlights

  • Deck
  • No HOA
  • Den
  • Ranch Style House
  • Screened Porch
  • Breakfast Room

About This Home

As of May 2025

Back on the market due to no fault of the seller! Almost 2200 sf 3BR/2BA brick ranch home on ~1.23 acres located on N NC 87 near Western Alamance HS. Tile and carpet floors throughout with a brick floor front entry. Tiled Kitchen counters. Built-ins in the breakfast area and den. Den has a fireplace with gas logs and a tiled wall to accent it. Updated bathrooms. Nice sized screened back porch with tiled floor. Outside gas grill hookup near deck. 2 car attached garage with a utility room along with a 2 car carport. Concrete driveway. An additional detached 2 car garage, previously used as a man cave, has water, lights, a wood stove and a metal roof that is 5-6 years old. The main house roof is around 8-9 years old. This is a court ordered sale subject to a 10 day upset bid period. House sold As Is.

Last Agent to Sell the Property

Gary Holmes

Coldwell Banker HPW License #286350 Listed on: 02/03/2025

Coldwell Banker HPW

Last Buyer's Agent

Barbara Avila

Coldwell Banker HPW License #330120

Coldwell Banker HPW

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,984

Year Built

  • Built in 1973

Lot Details

  • 1.23 Acre Lot
  • Property fronts a highway

Parking

  • 2 Car Attached Garage
  • 2 Carport Spaces
  • Garage Door Opener
  • Private Driveway
  • 2 Open Parking Spaces

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Brick Foundation
  • Shingle Roof
  • Lead Paint Disclosure

Interior Spaces

  • 2,198 Sq Ft Home
  • Built-In Features
  • Bookcases
  • Ceiling Fan
  • Fireplace
  • Living Room
  • Breakfast Room
  • Dining Room
  • Den
  • Screened Porch
  • Basement
  • Crawl Space

Kitchen

  • Built-In Electric Oven
  • Cooktop
  • Dishwasher
  • Kitchen Island
  • Tile Countertops

Flooring

  • Brick
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer and Electric Dryer Hookup

Outdoor Features

  • Deck

Schools

  • Alta Ossipee Elementary School
  • Western Middle School
  • West Alamance High School

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 118350

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,984

Year Built

Built in 1973

Lot Details

0

Parking

2

Listing Details

  • Year Built: 1973
  • Prop. Type: Residential
  • Road Frontage Type: Highway
  • Road Surface Type: Paved
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 2198.0
  • Architectural Style: Ranch
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • General Property Information Basement YN: Yes
  • Architectural Style Ranch: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Laundry Features Laundry Room: Yes
  • Laundry Features Main Level: Yes
  • Levels One: Yes
  • Structure Type Site Built: Yes
  • Flooring Carpet: Yes
  • Water Source Well: Yes
  • Room Types Bedroom 2 Level: Main
  • Room Types Bedroom 3 Level: Main
  • Room Types Den2: Yes
  • Room Types Dining Room2: Yes
  • Room Types Primary Bedroom Level: Main
  • Laundry Features Electric Dryer Hookup: Yes
  • Room Types Living Room2: Yes
  • Room Types Breakfast Room: Yes
  • Foundation Details BrickMortar: Yes
  • General Property Information Enhanced Accessible2: No
  • Utilities Electricity Available: Yes
  • Roof:Shingle: Yes
  • General Property Information Above Grade Finished Area: 2198.0
  • General Property Information Carport YN: Yes
  • Flooring Brick2: Yes
  • Cooling Ceiling Fan(s): Yes
  • Laundry Features Washer Hookup: Yes
  • Room Types Laundry2: Yes
  • Road Frontage Type Highway: Yes
  • Disclosures Lead Based Paint: Yes
  • Special Listing Conditions Third Party Approval: Yes
  • General Property Information Carport Spaces2: 2.0
  • General Property Information Lot Size Square Feet2: 53578.8
  • General Property Information Lot Size Acres: 1.23
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Brick, Carpet, Tile
  • Interior Amenities: Bookcases, Built-in Features, Ceiling Fan(s), Kitchen Island, Pantry, Tile Counters
  • Basement: Crawl Space
  • Appliances: Built-In Electric Oven, Cooktop, Dishwasher
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Total Bedrooms: 9
  • Appliances Dishwasher: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Pantry: Yes
  • Appliances:Cooktop: Yes
  • Basement:Crawl Space: Yes
  • Interior Features:Tile Counters: Yes
  • Interior Features:Bookcases: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Kitchen Island: Yes
  • Appliances:Built-In Electric Oven: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 1.23
  • Disclosures: Lead Based Paint, Seller Disclosure
  • Construction Type: Brick
  • Foundation Details: Brick/Mortar
  • Patio And Porch Features: Deck, Front Porch, Rear Porch, Screened
  • Patio And Porch Features:Screened: Yes
  • Patio And Porch Features:Deck2: Yes
  • Construction Materials:Brick: Yes
  • Patio And Porch Features:Front Porch: Yes
  • Patio And Porch Features:Rear Porch: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Open Parking: Yes
  • Parking Features: Carport, Concrete, Driveway, Garage, Garage Door Opener, Open
  • Total Parking Spaces: 6.0
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Carport: Yes
  • General Property Information:Garage Spaces: 2.0
  • General Property Information:Attached Garage YN: Yes
  • General Property Information:Parking Total: 6.0
  • Parking Features:Open: Yes
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 2.0

Utilities

  • Utilities: Electricity Available
  • Heating: Fireplace(s), Heat Pump
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes
  • Heating:Fireplace(s): Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Alamance - West Alamance
  • Middle Or Junior School: Alamance - Western

Lot Info

  • Lot Size Sq Ft: 53578.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 118350
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1984.14
  • Tax Year: 2024

MLS Schools

  • Elementary School: Alamance - Alta Ossipee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2025
Closed on
Apr 29, 2025
Sold by
Davis Charles E
Bought by
Karkun Nc Llc
Seller's Agent
Gary Holmes
Coldwell Banker HPW
Buyer's Agent
Barbara Avila
Coldwell Banker HPW
List Price
$377,500
Sold Price
$325,000
Premium/Discount to List
-$52,500
-13.91%
Views
86
Current Estimated Value
$340,547

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,547
Avg. Annual Appreciation
10.45%
Original Mortgage
$375,000
Outstanding Balance
$373,672
Interest Rate
6.65%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$33,125
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 Type Sale Price Title Company
Commissioners Deed $325,000 None Listed On Document
Commissioners Deed $325,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $375,000 Credit Line Revolving
Closed $375,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/07/2025 05/07/25 Sold $325,000 -13.9% $148 / Sq Ft
03/13/2025 03/13/25 Pending -- -- --
02/03/2025 02/03/25 For Sale $377,500 -- $172 / Sq Ft
Source: Doorify 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 $2,141 $348,705 $39,107 $309,598
2024 $1,984 $348,705 $39,107 $309,598
2023 $1,855 $348,705 $39,107 $309,598
2022 $1,506 $190,586 $28,825 $161,761
2021 $1,517 $190,586 $28,825 $161,761
2020 $777 $190,586 $28,825 $161,761
2019 $777 $190,586 $28,825 $161,761
2018 $0 $190,586 $28,825 $161,761
2017 $1,372 $190,586 $28,825 $161,761
2016 $1,315 $188,463 $31,282 $157,181
2015 $1,308 $188,463 $31,282 $157,181
2014 -- $188,463 $31,282 $157,181
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10074421

Doorify MLS

APN: 118350