$4,702,000
SOLD AUG 29, 2022
6 Beds
14 Baths
17,988 Sq Ft
2.3 Acres

Recently Sold

$261 Per Sq Ft

20% Below List Price

47 Days on Market

Highlights

  • 2.3 Acre Lot
  • Traditional Architecture
  • Bonus Room
  • Marble Flooring
  • 3 Fireplaces
  • No HOA

About This Home

As of August 2022

Impressive property w/ palace-like architecture sits on 2.3 lakefront acres. The 17,988 square foot home features a stone & stucco exterior w/ slate roofing, multiple outdoor entertainment spaces, & design materials that transport you to the French neoclassical era. Eat-in kitchen offers center island, panel-ready refrigerator, stainless appliances, butler's pantry, & Italian-style light fixtures. 6 bed/9 full baths/6 half baths. Basement entertainment epicenter. Gated off a private street.

Last Agent to Sell the Property

Brandon Blackman

Hodge & Kittrell Sotheby's Int License #319960 Listed on: 06/17/2022

Hodge & Kittrell Sotheby's Int

Last Buyer's Agent

Angie Cole

A Cole Realty LLC License #254201

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,719

Year Built

  • Built in 1996

Lot Details

  • 2.3 Acre Lot
  • Cul-De-Sac

Parking

  • 3 Car Attached Garage
  • Circular Driveway

Home Design

  • Traditional Architecture
  • Brick or Stone Mason
  • Stucco
  • Stone

Interior Spaces

  • Multi-Level Property
  • 3 Fireplaces
  • Entrance Foyer
  • Family Room
  • Living Room
  • Breakfast Room
  • Dining Room
  • Home Office
  • Bonus Room
  • Utility Room
  • Basement

Flooring

  • Wood
  • Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms

Schools

  • Hillcrest Elementary School
  • Turrentine Middle School
  • Walter Williams High School

Utilities

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

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,719

Year Built

Built in 1996

Lot Details

0

Parking

3

Listing Details

  • Year Built: 1996
  • Prop. Type: Residential
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 13031.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Multi/Split
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: New Survey Needed
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Structure Type Site Built: Yes
  • Cooling Zoned: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Room Types Bedroom 4 Level: 2
  • Room Types Bonus Room: Yes
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: 2
  • Room Types Bedroom 5 Level: B
  • Room Types Utility Room: Yes
  • Room Types Living Room2: Yes
  • Room Types Breakfast Room: Yes
  • General Property Information Senior Community YN: No
  • Levels MultiSplit: Yes
  • Flooring Marble: Yes
  • General Property Information Above Grade Finished Area: 13031.0
  • General Property Information Below Grade Finished Area: 4957.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 100188.0
  • General Property Information Lot Size Acres: 2.3
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Hardwood, Marble, Tile
  • Interior Amenities: Entrance Foyer
  • Appliances: Gas Water Heater
  • Basement YN: Yes
  • Full Bathrooms: 9
  • Half Bathrooms: 5
  • Total Bedrooms: 6
  • Below Grade Sq Ft: 4957.0
  • Fireplaces: 3
  • Total Bedrooms: 27
  • Interior Features:Entrance Foyer: Yes
  • Appliances:Gas Water Heater: Yes
  • Fireplace Features:Fireplaces Total: 3

Exterior Features

  • Acres: 2.3
  • Construction Type: Stone, Stucco
  • Construction Materials:Stone: Yes
  • Lot Features:Cul-De-Sac: Yes
  • Construction Materials:Stucco: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: Attached, Circular Driveway, Covered, Garage
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Covered: Yes
  • Parking Features:Circular Driveway: Yes
  • General Property Information:Garage Spaces: 3.0

Utilities

  • Heating: Electric, Forced Air, Natural Gas, Zoned
  • Cooling: Central Air, Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Heating:Zoned2: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Ninth Grade High School: Alamance - Walter Williams
  • Middle Or Junior School: Alamance - Turrentine

Lot Info

  • Lot Dimensions: New Survey Needed
  • Lot Size Sq Ft: 100188.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 18719.0

MLS Schools

  • Elementary School: Alamance - Hillcrest

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2022
Closed on
Aug 26, 2022
Sold by
Burton Mansion Llc
Bought by
Gatsby Residence Llc
Seller's Agent
Brandon Blackman
Hodge & Kittrell Sotheby's Int
Buyer's Agent
Angie Cole
A Cole Realty LLC
List Price
$5,900,000
Sold Price
$4,702,000
Premium/Discount to List
-$1,198,000
-20.31%
Views
4
Current Estimated Value
$4,304,623

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$397,377
Avg. Annual Appreciation
-0.19%

Purchase Details

Listed on
Dec 15, 2020
Closed on
Dec 27, 2021
Sold by
Smith James H and Smith Christine G
Bought by
Burton John H
Seller's Agent
Jennifer Blythe
Blythe Real Estate Services
Buyer's Agent
Marianne Guite
David Massey Real Estate
List Price
$4,200,000
Sold Price
$2,750,000
Premium/Discount to List
-$1,450,000
-34.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
122.68%

Purchase Details

Closed on
Sep 12, 1995
Bought by
Smith James H and Smith Christine G
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $4,702,000 Gavigan Law Pllc
Warranty Deed -- Gavigan Law Pllc
Warranty Deed $2,750,000 None Available
Deed $375,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,500,000 New Conventional
Previous Owner $1,500,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $4,702,000 -- --
08/29/2022 08/29/22 Sold $4,702,000 -20.3% $261 / Sq Ft
08/03/2022 08/03/22 Pending -- -- --
06/17/2022 06/17/22 For Sale $5,900,000 +114.5% $328 / Sq Ft
12/29/2021 12/29/21 Sold $2,750,000 0.0% $527 / Sq Ft
12/29/2021 12/29/21 Sold $2,750,000 -34.5% $166 / Sq Ft
10/02/2021 10/02/21 Pending -- -- --
12/15/2020 12/15/20 For Sale $4,200,000 -- $804 / 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 $23,468 $4,750,623 $362,773 $4,387,850
2024 $22,280 $4,750,623 $362,773 $4,387,850
2023 $43,279 $4,750,623 $362,773 $4,387,850
2022 $35,199 $2,836,189 $278,750 $2,557,439
2021 $35,481 $2,836,189 $278,750 $2,557,439
2020 $35,763 $2,836,189 $278,750 $2,557,439
2019 $35,858 $2,836,189 $278,750 $2,557,439
2018 $16,856 $2,836,189 $278,750 $2,557,439
2017 $33,390 $2,836,189 $278,750 $2,557,439
2016 $35,677 $3,075,627 $341,076 $2,734,551
2015 $17,749 $3,075,627 $341,076 $2,734,551
2014 -- $3,075,627 $341,076 $2,734,551
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2456529

Doorify MLS

APN: 123343