NOT LISTED FOR SALE

261 Cornwallis Dr Mocksville, NC 27028

Estimated Value: $565,315 - $696,000

4 Beds
2.5 Baths
3,900 Sq Ft
$162/Sq Ft Est. Value

Last Sold August 14, 2015

Last sale price $285,000 $73 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $3,628/month

101 Days on Market

Highlights

  • On Golf Course
  • Deck
  • Wood Flooring
  • North Davie Middle School Rated A-
  • Traditional Architecture
  • Attic

About This Home

As of August 2015

Charming home, rural area, rear lawn borders up to Golf course fairway, large rear deck, attached garage with openers with a bonus room that is unfinished, large playroom on upper level. Move in ready, fresh new paint in the interior. Only miles away from a new Davie County High School under construction. Buyer/Agent shall verify all information given. First Look Program expires 04/22/2015

Last Buyer's Agent

Alyson Needham

Premier Realty NC License #256509

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,260

Year Built

  • Built in 1996

Lot Details

  • 1.03 Acre Lot
  • Lot Dimensions are 180x250
  • On Golf Course
  • Cleared Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 3,698 Sq Ft Home
  • 3,300-3,900 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Insulated Windows
  • Living Room with Fireplace
  • Crawl Space
  • Attic

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Outdoor Features

  • Deck

Schools

  • Davie County High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 27
  • Assessor Parcel Number E5 020 A0 027
  • 1% Total Tax Rate

Community Details

Overview

  • Property has a Home Owners Association
  • Pudding Ridge Estates Subdivision

Amenities

  • Private Safe Deposit Boxes

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,260

Year Built

Built in 1996

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single
  • Prop. Type: Residential
  • Lot Size Acres: 1.03
  • Lot Size: 180x250
  • Subdivision Name: Pudding Ridge Estates
  • Directions: I 40, Farmington Rd exit 174, go North turn left on Pudding Ridge Rd, left on Cornwallis Dr. Property of left with sign and in front Pudding Golf Course Club House.
  • Above Grade Finished Sq Ft: 3698
  • Architectural Style: Traditional
  • Unit Levels: One and One Half
  • Year Built: 1996
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 3300 - 3900
  • TRIADMLS_CityLimitsYN: No
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Attached Microwave Oven,Dishwasher,Disposal,Slide-In Oven/Range, Water Heater: Electric
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Ceiling Fan(s), Dead Bolt(s), Dryer Connection, Garage Door Opener(s), Laundry Room - Main Level, Washer Connection
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 3698
  • Main Level Bathrooms: 2
  • Attic Description: Access Only
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsLower: 1
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

  • Exterior Features: Deck, Paved Drive
  • Lot Features: On Golf Course, Cleared
  • Exclusions: None
  • Construction Type: Brick, Vinyl Siding
  • Foundation Details: Crawl Space

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Paved Drive, Attached
  • Garage Description: Attached Garage

Utilities

  • Sewer: Private
  • Laundry Features: Dryer Connection, Main Level, Washer Connection
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric
  • Energy Features: Insulated Windows

Condo/Co-op/Association

  • Association: Yes

Schools

  • Elementary School: Call School Board
  • High School: Davie County
  • Middle Or Junior School: Call School Board

Lot Info

  • Parcel #: E5 020 A0 027
  • Zoning: SFR
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 2259.84
  • Tax Lot: 27
  • Tax Year: 2015
  • TRIADMLS_TaxRate: 0.66

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2015
Closed on
Jul 14, 2015
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Kreger William R and Kreger Angela M
Buyer's Agent
Alyson Needham
Premier Realty NC
List Price
$339,900
Sold Price
$285,000
Premium/Discount to List
-$54,900
-16.15%
Current Estimated Value
$631,329

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$346,329
Avg. Annual Appreciation
8.10%
Original Mortgage
$285,000
Outstanding Balance
$225,211
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$406,118

Purchase Details

Closed on
Jan 29, 2014
Sold by
Roberts Stephenson Julian C and Roberts Stephenson Kim
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Mar 1, 1999

Purchase Details

Closed on
Dec 1, 1995

Purchase Details

Closed on
Nov 1, 1995
Source: Public Records

Range of Values:

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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
Kreger William R -- None Available
Federal Home Loan Mortgage Corporation -- None Available
-- $220,000 --
-- $50,000 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kreger William R $285,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/14/2015 08/14/15 Sold $285,000 -16.2% $86 / Sq Ft
07/14/2015 07/14/15 Pending -- -- --
04/03/2015 04/03/15 For Sale $339,900 -- $103 / 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 $3,808 $553,010 $62,500 $490,510
2024 $2,965 $383,530 $57,000 $326,530
2023 $2,965 $383,530 $57,000 $326,530
2022 $2,965 $383,530 $57,000 $326,530
2021 $2,965 $383,530 $57,000 $326,530
2020 $2,828 $363,500 $57,000 $306,500
2019 $2,828 $363,500 $57,000 $306,500
2018 $2,828 $363,500 $57,000 $306,500
2017 $2,792 $363,500 $0 $0
2016 $2,630 $342,470 $0 $0
2015 $2,630 $342,470 $0 $0
2014 $2,260 $342,470 $0 $0
2013 -- $342,470 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 751608

Triad MLS

APN: E5-020-A0-027