$325,000
SOLD MAY 7, 2025

1521 N Nc Highway 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

52 Days on Market

Highlights

  • No HOA
  • Porch
  • Kitchen Island
  • 6 Car Garage
  • Brick Flooring
  • Central Air

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 HOWARD PERRY & WALSTON License #286350 Listed on: 02/03/2025

COLDWELL BANKER HOWARD PERRY & WALSTON

Last Buyer's Agent

NONMEMBER NONMEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,984

Year Built

  • Built in 1973

Lot Details

  • 1.23 Acre Lot
  • Lot Dimensions are 155 x 310 x 156 x 349

Parking

  • 6 Car Garage
  • Carport
  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,198 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Den with Fireplace
  • Pull Down Stairs to Attic
  • Dryer Hookup

Kitchen

  • Dishwasher
  • Kitchen Island

Flooring

  • Brick
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Porch

Schools

  • Western Middle School
  • Western Alamance High School

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 118350
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,984

Year Built

Built in 1973

Lot Details

0

Parking

6

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 1.23
  • Lot Size: 155 x 310 x 156 x 349
  • Subdivision Name: None
  • Directions: Hwy 70 to N on Elon Bypass. L on Hwy 87. House on R in 2-3 miles.
  • Above Grade Finished Sq Ft: 2198
  • Architectural Style: Ranch
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1973
  • TRIADMLS_CityLimitsYN: No
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Oven, Cooktop, Dishwasher, Gas Water Heater
  • Flooring: Brick, Carpet, Tile
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Kitchen Island, Pantry, Tile Counters
  • Has Basement: Crawl Space
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Den
  • Fireplaces: 1
  • Living Area: 2198
  • Main Level Bathrooms: 2
  • Attic Description: Pulldown Stairs
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Pool Features: None
  • Construction Type: Brick
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 6
  • Parking Features: Carport, Driveway, Garage, Garage Door Opener, Attached, Detached
  • Garage Description: Attached Garage, Detached Garage

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Cooling: Central Air
  • Heating: Fireplace(s), Heat Pump, Electric
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Altamahaw-Ossipee
  • High School: Western Alamance
  • Middle Or Junior School: Western

Lot Info

  • Parcel #: 118350
  • Zoning: RES
  • TRIADMLS_PricePerAcre: 264227.6423
  • TRIADMLS_DeedPage: 401
  • TRIADMLS_DeedBook: 1424

Tax Info

  • Tax Annual Amount: 1984.14
  • Tax Year: 2024
  • TRIADMLS_TaxRate: 0.569

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 HOWARD PERRY & WALSTON
Buyer's Agent
NONMEMBER NONMEMBER
List Price
$377,500
Sold Price
$325,000
Premium/Discount to List
-$52,500
-13.91%
Views
69

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
239.60%
Original Mortgage
$375,000
Outstanding Balance
$375,000
Interest Rate
6.65%
Mortgage Type
Credit Line Revolving
Estimated Equity
$1,357
Source: Public Records

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Range of Values:

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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 Change Sq Ft Price
05/07/2025 05/07/25 Sold $325,000 -13.9% $148 / Sq Ft
03/27/2025 03/27/25 Pending -- -- --
02/03/2025 02/03/25 For Sale $377,500 -- $172 / 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 $1,984 $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: Triad MLS

MLS Number: 1169153

Triad MLS

APN: 118350