NOT LISTED FOR SALE

217 Colonnade Dr Elon, NC 27244

West Burlington Neighborhood

Estimated Value: $361,907 - $383,000

0.26 Acre
$1,428,758 Price per Acre
11,326 Sq Ft Lot

Last Sold November 16, 2020

Last sale price $34,000

Est. 993% increase in value since last sale

Current estimated payment $2,193/month

13 Days on Market

About This Lot

As of November 2020

Forest Creek Subdivision - Elon! Beautiful prime building lot, bring your own builder! One of the largest lots in this popular subdivision, adjoins common area making it very appealing for privacy. Convenient to the new Elon Elementary School, Western School Districts, Elon University and I40/85 for commuting.

Last Agent to Sell the Property

Karen Lyon

Allen Tate - Burlington License #234134 Listed on: 09/02/2020

Allen Tate - Burlington

Last Buyer's Agent

Carla Sevilla

Glenwood Homes License #218327

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $479

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 73 x 150 x 25 x 56 x 161
  • Cleared Lot
  • Partially Wooded Lot

HOA Fees

  • $23 Monthly HOA Fees

Schools

  • Western Middle School
  • Western Alamance High School

Listing and Financial Details

  • Tax Lot 40
  • Assessor Parcel Number 117314
  • 1% Total Tax Rate

Community Details

Overview

  • Forest Creek At Elon Subdivision

Recreation

  • Rain Gutters

Property Details

Property Type

Land

Est. Annual Taxes

$479

Lot Details

0

HOA Fees

$23 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Land
  • Lot Size Acres: 0.26
  • Lot Size: 73 x 150 x 25 x 56 x 161
  • Subdivision Name: Forest Creek At Elon
  • Directions: From I40/85, Exit 140 University Dr in Burlington - continue on University to Elon, left on Powerline Rd, left on Walker Ave, right into Forest Creek at Elon on Colonnade Dr. Lot will be on the right on Colonnade Dr.
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 0 - 0
  • TRIADMLS_CityLimitsYN: Yes
  • Special Features: None

Exterior Features

  • Lot Features: City Lot, Curbs, Gutters, Partially Cleared, Partially Wooded, Subdivided
  • Flood Zone: Not in Flood Zone

Utilities

  • Sewer: Public Sewer
  • Electric: Duke Power
  • Water Source: Public
  • Gas Company: Type: Natural Gas

Condo/Co-op/Association

  • Association Fee: 275
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Elon
  • High School: Western Alamance
  • Middle Or Junior School: Western

Lot Info

  • Parcel #: 117314
  • Zoning: res
  • TRIADMLS_PricePerAcre: 130769.2308
  • TRIADMLS_PlatPage: 431
  • TRIADMLS_DeedPage: 431
  • TRIADMLS_DeedBook: 3327
  • TRIADMLS_PlatBook: 071
  • TRIADMLS_AcresRange: 0 - 0

Green Features

  • TRIADMLS_EnvironmentalHazards: No

Tax Info

  • Tax Annual Amount: 479
  • Tax Lot: 40
  • Tax Year: 2017
  • TRIADMLS_TaxRate: 1.14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 28, 2021
Sold by
Glenwood Homes Llc
Bought by
Polanco Carlos Arevalo and Moya Shirly Arana
Current Estimated Value
$371,477

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,152
Outstanding Balance
$223,754
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$161,468

Purchase Details

Listed on
Sep 2, 2020
Closed on
Nov 16, 2020
Sold by
Czajkowska Ewa and Zapata Hugo
Bought by
Glenwood Homes Llc
Seller's Agent
Karen Lyon
Allen Tate - Burlington
Buyer's Agent
Carla Sevilla
Glenwood Homes
List Price
$34,000
Sold Price
$34,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
66.17%
Original Mortgage
$194,400
Interest Rate
2.8%
Mortgage Type
Construction

Purchase Details

Closed on
May 13, 2014
Sold by
Forest Creek Investmens Llc
Bought by
Czajkowska Ewa
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
Polanco Carlos Arevalo $257,500 First American Mortgage Sln
Glenwood Homes Llc $34,000 None Available
Czajkowska Ewa $46,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Polanco Carlos Arevalo $244,152
Previous Owner Glenwood Homes Llc $194,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2020 11/16/20 Sold $34,000 0.0% --
09/16/2020 09/16/20 Pending -- -- --
09/02/2020 09/02/20 For Sale $34,000 -- --
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 $1,749 $353,952 $45,000 $308,952
2024 $1,660 $353,952 $45,000 $308,952
2023 $2,754 $353,952 $45,000 $308,952
2022 $2,488 $227,360 $42,000 $185,360
2021 $464 $42,000 $42,000 $0
2020 $468 $42,000 $42,000 $0
2019 $469 $42,000 $42,000 $0
2018 $0 $42,000 $42,000 $0
2017 $433 $42,000 $42,000 $0
2016 $298 $29,750 $29,750 $0
2015 $172 $29,750 $29,750 $0
2014 -- $29,750 $29,750 $0
Source: Public Records

Agents Affiliated with this Home

  • Karen Lyon

    Seller's Agent in 2020

    Karen Lyon

    Allen Tate - Burlington

    (336) 263-1454

    13 in this area

    62 Total Sales

    Karen Lyon
    Section Image
  • Carla Sevilla

    Buyer's Agent in 2020

    Carla Sevilla

    Glenwood Homes

    (919) 275-5741

    10 in this area

    219 Total Sales

    Carla Sevilla
    Section Image
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Map

Source: Triad MLS

MLS Number: 992827

Triad MLS

APN: 117314

North Carolina Alamance County Elon 27244 West Burlington

217 Colonnade Dr, Elon, NC

This home is located at 217 Colonnade Dr, Elon, NC 27244 since 02 September 2020 and is currently estimated at $371,477. 217 Colonnade Dr is a home located in Alamance County with nearby schools including Elon Elementary School, Western Alamance Middle School, and Western Alamance High School.

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