NOT LISTED FOR SALE

2218 Magnolia Ct Elon, NC 27244

West Burlington Neighborhood

Estimated Value: $346,904 - $398,000

4 Beds
2.5 Baths
2,200 Sq Ft
$170/Sq Ft Est. Value

Last Sold March 29, 2016

Last sale price $193,500 $88 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $2,128/month

128 Days on Market

Highlights

  • Built in 2015 | Newly Remodeled
  • Solid Surface Countertops
  • Porch
  • Wood Flooring
  • Cul-De-Sac
  • 2 Car Attached Garage

About This Home

As of March 2016

Stoddard Ii Plan Is Completed And Ready For New Owners. Country Front Porch With Stone Wainscot And Columns, Entry And Formal Dining Room With Hardwood Floors, Dining Room With Coffered Ceiling, Spacious Kitchen With 42" Cabinets, Granite Counters, And Island. Great Room With Gas Log Fireplace. 4 Bedrooms On The Second Level With Two Full Baths. Cul-De-Sac Location.

Last Agent to Sell the Property

Tara Davis

Windsor Real Estate Group License #157654 Listed on: 10/13/2015

Co-Listed By

Betty Smith

Howard Hanna Allen Tate Summerfield License #33606

Last Buyer's Agent

NONMEMBER NONMEMBER

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2015 | Newly Remodeled

Lot Details

  • 0.25 Acre Lot
  • Cul-De-Sac

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Vinyl Siding
  • Stone

Interior Spaces

  • 2,029 Sq Ft Home
  • 1,800-2,200 Sq Ft Home
  • Property has 2 Levels
  • Great Room with Fireplace
  • Pull Down Stairs to Attic

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Separate Shower

Laundry

  • Laundry on upper level
  • Dryer Hookup

Outdoor Features

  • Porch

Schools

  • Western Middle School
  • Western Alamance High School

Utilities

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

Community Details

  • The Village At Elon Subdivision

Listing and Financial Details

  • Tax Lot 40
  • Assessor Parcel Number 117191
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Year Built

Built in 2015 | Newly Remodeled

Lot Details

0

HOA Fees

$25 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.25
  • Lot Size: .25
  • Co List Office Mls Id: GATC01
  • Co List Office Phone: 336-273-7771
  • Subdivision Name: The Village At Elon
  • Directions: University Drive to Shallowford Church Road, Right on Wisteria, Left on Magnolia Court.
  • Above Grade Finished Sq Ft: 2029
  • Unit Levels: Two
  • New Construction: Yes
  • Year Built: 2015
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1800 - 2200
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: New
  • Special Features: NewHome

Interior Features

  • Appliances: Microwave, Dishwasher, Disposal, Slide-In Oven/Range, Gas Water Heater
  • Flooring: Carpet, Vinyl, Wood
  • Interior Amenities: Soaking Tub, Kitchen Island, Pantry, Separate Shower, Solid Surface Counter
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Great Room
  • Fireplaces: 1
  • Living Area: 2029
  • Main Level Bathrooms: 1
  • Attic Description: Pulldown Stairs
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Lot Features: City Lot, Cul-De-Sac
  • Construction Type: Stone, Vinyl Siding
  • Foundation Details: Slab

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage Door Opener, Attached
  • Garage Description: Attached Garage

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Laundry Room - 2nd Level, Washer Hookup
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee: 25
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 117191
  • Zoning: Res
  • TRIADMLS_PlatBook: 072-0334
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 84
  • Tax Lot: 40
  • Tax Year: 2014
  • TRIADMLS_TaxRate: 1.11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2015
Closed on
Mar 24, 2016
Sold by
Hillcrest Partners Llc
Bought by
Joyce Melissa T and Joyce Howard R
Seller's Agent
Tara Davis
Windsor Real Estate Group
Buyer's Agent
NONMEMBER NONMEMBER
List Price
$204,900
Sold Price
$193,500
Premium/Discount to List
-$11,400
-5.56%
Current Estimated Value
$373,976

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,476
Avg. Annual Appreciation
7.01%
Original Mortgage
$189,994
Outstanding Balance
$148,349
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$225,627
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Joyce Melissa T $197,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Joyce Melissa T $189,994
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/29/2016 03/29/16 Sold $193,500 0.0% $95 / Sq Ft View Prior Sale
03/29/2016 03/29/16 Sold $193,500 -5.6% $108 / Sq Ft
02/28/2016 02/28/16 Pending -- -- --
02/19/2016 02/19/16 Pending -- -- --
10/13/2015 10/13/15 For Sale $204,900 0.0% $114 / Sq Ft
07/31/2015 07/31/15 For Sale $204,900 -- $101 / 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 $1,650 $333,967 $45,000 $288,967
2024 $1,566 $333,967 $45,000 $288,967
2023 $2,599 $333,967 $45,000 $288,967
2022 $2,215 $202,335 $33,000 $169,335
2021 $2,235 $202,335 $33,000 $169,335
2020 $2,255 $202,335 $33,000 $169,335
2019 $2,262 $202,335 $33,000 $169,335
2018 $0 $202,335 $33,000 $169,335
2017 $2,084 $202,335 $33,000 $169,335
2016 $1,961 $196,098 $30,000 $166,098
2015 $92 $15,873 $15,873 $0
2014 -- $15,873 $15,873 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2016

    Tara Davis

    WINDSOR REAL ESTATE GROUP

    Section Image

  • B

    Seller Co-Listing Agent in 2016

    Betty Smith

    Howard Hanna Allen Tate Summerfield

    (336) 451-4923

    563 Total Sales

    Betty Smith
    Section Image

  • J

    Buyer's Agent in 2016

    Jeff Smith

    David Massey Real Estate

    Section Image
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Map

Source: Triad MLS

MLS Number: 774815

Triad MLS

APN: 117191

North Carolina Alamance County Elon 27244 West Burlington

2218 Magnolia Ct, Elon, NC

Not Listed for Sale

Detached

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