NOT LISTED FOR SALE

216 E Summerbell Ave Elon, NC 27244

Estimated Value: $306,338 - $365,000

3 Beds
2 Baths
1,378 Sq Ft
$236/Sq Ft Est. Value

Last Sold September 27, 2012

Last sale price $160,000 $116 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $1,885/month

27 Days on Market

About This Home

As of September 2012

Home Is Rented To Students...Buyer Must Honor Lease In Play! Living Room Is Used As 4Th Bedroom, But Has No Closet! Spacious And Nice Yard. Carport With Storage, And Storage Building Out Back! Great Investment Property, For Rental! The Listing Price Is 169,900...We Are Trying To Get That Changed For The Above!

Last Agent to Sell the Property

Default Firm Record

Ward Real Estate Group Listed on: 08/01/2012

Last Buyer's Agent

Mackenzie Brown

Keller Williams Central License #251323

Keller Williams Central

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,220

Year Built

  • 1973

Lot Details

  • 0.4 Acre Lot
  • Rectangular Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 8855151279

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,220

Year Built

1973

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.4
  • Lot Size: .4
  • Directions: Williamson, To Right On Woodale, Then Left On Atkinson And Then Right On Summerbell. Property On The Right
  • Year Built: 1973
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No

Exterior Features

  • Lot Features: Rectangular Lot

Lot Info

  • Parcel #: 8855151279
  • Zoning Description: RES

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2012
Closed on
Sep 27, 2012
Sold by
Ph Hf Enterprise Llc
Bought by
Acom Inn Llc
Seller's Agent
Default Firm Record
Ward Real Estate Group
Buyer's Agent
Mackenzie Brown
Keller Williams Central
List Price
$1,699,000
Sold Price
$160,000
Premium/Discount to List
-$1,539,000
-90.58%
Current Estimated Value
$325,585

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,585
Avg. Annual Appreciation
5.67%
Original Mortgage
$128,000
Outstanding Balance
$90,897
Interest Rate
3.68%
Mortgage Type
New Conventional
Estimated Equity
$234,688

Purchase Details

Closed on
Nov 19, 2009
Sold by
Copeland Parker Anthony L
Bought by
Ph Hf Enterprises Llc

Purchase Details

Closed on
May 17, 2007
Sold by
Sferra James P
Bought by
Copeland-Parker Anthony L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,700
Interest Rate
6.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 1999
Sold by
Holmes James L
Bought by
Coxort Stuart L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
7.91%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Acom Inn Llc $128,000 --
Ph Hf Enterprises Llc -- --
Copeland-Parker Anthony L $177,000 --
Coxort Stuart L $128,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Acom Inn Llc $128,000
Previous Owner Copeland Parker Anthony $17,700
Previous Owner Copeland-Parker Anthony L $141,600
Previous Owner Coxort Stuart L $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2012 09/27/12 Sold $160,000 -90.6% $116 / Sq Ft
08/28/2012 08/28/12 Pending -- -- --
08/01/2012 08/01/12 For Sale $1,699,000 -- $1,233 / Sq Ft
Source: Alamance Multiple Listing Service

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 $1,220 $260,180 $50,000 $210,180
2023 $2,024 $260,180 $50,000 $210,180
2022 $1,925 $175,897 $60,000 $115,897
2021 $1,943 $175,897 $60,000 $115,897
2020 $1,960 $175,897 $60,000 $115,897
2019 $1,966 $175,897 $60,000 $115,897
2018 $0 $175,897 $60,000 $115,897
2017 $1,812 $175,897 $60,000 $115,897
2016 $1,754 $175,367 $36,500 $138,867
2015 $1,012 $175,367 $36,500 $138,867
2014 -- $175,915 $36,500 $139,415
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alamance Multiple Listing Service

MLS Number: 76825

APN: 115199