NOT LISTED FOR SALE

2475 Ossipee Front St Elon, NC 27244

Estimated Value: $164,000 - $189,284

1 Bed
1 Bath
1,300 Sq Ft
$139/Sq Ft Est. Value

Last Sold March 24, 2022

Last sale price $140,000 $108 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,031/month

4 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Porch
  • Tile Flooring
  • No HOA
  • Home Security System
  • Forced Air Heating and Cooling System

About This Home

As of March 2022

Adorable single level home located in North Elon just 5 miles from Elon University and ready for your finishing touches! Featuring a spacious full bath, 1 bedrooms with an office/flex space, this home has plenty to offer any buyer. Seller is offering a home warranty upon request. New roof 2019, septic last pumped 2019/2020. OFFER DEADLINE SUNDAY 1/30/22 at 5:00PM.

Last Agent to Sell the Property

Faith Grant

Howard Hanna Allen Tate - Burlington License #329225 Listed on: 01/25/2022

Howard Hanna Allen Tate - Burlington

Last Buyer's Agent

Leysan Ayala Carbonell

Keller Williams Central License #305024

Keller Williams Central

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $646

Year Built

  • Built in 1920

Lot Details

  • 0.47 Acre Lot
  • Cleared Lot

Parking

  • Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,192 Sq Ft Home
  • 1,000-1,300 Sq Ft Home
  • Property has 1 Level
  • Crawl Space
  • Pull Down Stairs to Attic
  • Home Security System
  • Free-Standing Range
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Outdoor Features

  • Porch

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 54 & 88
  • Assessor Parcel Number 110850
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$646

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.47
  • Lot Size: 20517
  • Subdivision Name: None
  • Directions: From Elon University, head North on Williamson Avenue, Continue onto Shallowford Church Road, slight left onto Elon Ossipee Rd, Turn right onto Old North Carolina 87 North, slight right onto Ossipee Front Street, home is on the right.
  • Above Grade Finished Sq Ft: 1192
  • Architectural Style: Ranch
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1920
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1000 - 1300
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: No
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_AdCopy: Adorable single level home located in North Elon just 5 miles from Elon University and ready for your finishing touches! Featuring a spacious full bath and 2 bedrooms this home has plenty to offer any investor or first time home buyer.
  • Special Features: None

Interior Features

  • Appliances: Slide-In Oven/Range, Electric Water Heater
  • Flooring: Carpet, Tile, Vinyl
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Living Area: 1192
  • Main Level Bathrooms: 1
  • Attic Description: Pulldown Stairs
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Lot Features: Partially Cleared
  • Pool Features: None
  • Construction Type: Vinyl Siding
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Washer Hookup
  • Security: Security System
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 110850
  • Zoning: Residential
  • TRIADMLS_PlatPage: 137
  • TRIADMLS_PlatBook: 2
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 646
  • Tax Lot: 54 & 88
  • Tax Year: 2021
  • TRIADMLS_TaxRate: 0.8725

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2022
Closed on
Mar 24, 2022
Sold by
Koch and Autumn
Bought by
Carreras Janet Elizabeth
Seller's Agent
Faith Grant
Howard Hanna Allen Tate - Burlington
Buyer's Agent
Leysan Ayala Carbonell
Keller Williams Central
List Price
$150,000
Sold Price
$140,000
Premium/Discount to List
-$10,000
-6.67%
Current Estimated Value
$180,321

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,321
Avg. Annual Appreciation
6.91%
Original Mortgage
$132,554
Outstanding Balance
$123,293
Interest Rate
3.69%
Mortgage Type
FHA
Estimated Equity
$57,028

Purchase Details

Closed on
Jun 27, 2016
Sold by
Moss Steven Duain and Moss Susan Harris
Bought by
Koch Chris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,450
Interest Rate
3.57%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 29, 1997
Bought by
Moss Steven D
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
Carreras Janet Elizabeth $140,000 Taylor Law Office Pc
Koch Chris $76,000 Attorney
Moss Steven D $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carreras Janet Elizabeth $132,554
Closed Carreras Janet Elizabeth $3,976
Previous Owner Koch Chris $77,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/24/2022 03/24/22 Sold $140,000 -6.7% $140 / Sq Ft
01/30/2022 01/30/22 Pending -- -- --
01/25/2022 01/25/22 For Sale $150,000 -- $150 / 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 $1,071 $154,386 $27,532 $126,854
2024 $1,002 $154,386 $27,532 $126,854
2023 $940 $154,386 $27,532 $126,854
2022 $658 $74,339 $14,710 $59,629
2021 $645 $74,339 $14,710 $59,629
2020 $756 $74,339 $14,710 $59,629
2019 $656 $74,339 $14,710 $59,629
2018 $0 $74,339 $14,710 $59,629
2017 $485 $74,339 $14,710 $59,629
2016 $429 $65,793 $14,710 $51,083
2015 $506 $65,987 $14,710 $51,277
2014 -- $65,987 $14,710 $51,277
Source: Public Records

Agents Affiliated with this Home

  • Faith Grant

    Seller's Agent in 2022

    Faith Grant

    Howard Hanna Allen Tate - Burlington

    (910) 617-9110

    88 Total Sales

    Faith Grant
    Section Image
  • Leysan Ayala Carbonell

    Buyer's Agent in 2022

    Leysan Ayala Carbonell

    Keller Williams Central

    (336) 534-3199

    36 Total Sales

    Leysan Ayala Carbonell
    Section Image
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Map

Source: Triad MLS

MLS Number: 1055939

Triad MLS

APN: 110850

North Carolina Alamance County Elon 27244

2475 Ossipee Front St, Elon, NC

Not Listed for Sale

Detached

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