NOT LISTED FOR SALE

282 Covington Dr Advance, NC 27006

Estimated Value: $359,000 - $396,000

3 Beds
2 Baths
1,900 Sq Ft
$197/Sq Ft Est. Value

Last Sold September 30, 2020

Last sale price $242,000 $127 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $2,154/month

Highlights

  • Engineered Wood Flooring
  • 2 Car Attached Garage
  • Ceiling Fan
  • Shady Grove Elementary School Rated A-
  • Outdoor Storage
  • Fenced

About This Home

As of September 2020

Nestled on a wooded lot in coveted Covington Creek, enjoy the updated flooring throughout the home (no carpet). Quality time will be well spent in the spacious living room with open dining room making entertaining friends a breeze. After entertaining, retire to the large master bedroom located in its own wing of the house due to the split floor plan. You'll also appreciate the nest thermostat, granite counter tops, stainless steel refrigerator, large deck, and fenced in back yard. Schedule a showing!

Last Agent to Sell the Property

Kris Shepherd

eXp Realty License #310649 Listed on: 07/31/2020

eXp Realty

Last Buyer's Agent

Jeannie Smith

Southern Signature Properties License #294560

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,363

Year Built

  • Built in 2000

Lot Details

  • 0.77 Acre Lot
  • Fenced
  • Property is zoned R-A

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,738 Sq Ft Home
  • 1,500-1,900 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Crawl Space
  • Laundry on main level

Kitchen

  • Free-Standing Range
  • Microwave
  • Dishwasher

Flooring

  • Engineered Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Outdoor Storage

Schools

  • Ellis Middle School
  • Davie County High School

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Community Details

  • Covington Creek Subdivision

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number H8060A0016
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,363

Year Built

Built in 2000

Lot Details

0

HOA Fees

$25 per month

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.77
  • Subdivision Name: Covington Creek
  • Directions: I 40 to 801 S Exit, S on 801, W (R) on Covington
  • Above Grade Finished Sq Ft: 1738
  • Architectural Style: Ranch
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 2000
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1500 - 1900
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Microwave, Dishwasher, Slide-In Oven/Range, Electric Water Heater
  • Flooring: Engineered, Vinyl
  • Interior Amenities: Ceiling Fan(s), Dead Bolt(s)
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Living Room
  • Fireplaces: 1
  • Living Area: 1738
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Fencing: Fenced
  • Pool Features: None
  • Construction Type: Vinyl Siding
  • Other Structures: Storage
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage, Driveway, Attached
  • Garage Description: Attached Garage

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Main Level
  • Cooling: Heat Pump
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: 300
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Shady Grove
  • High School: Davie County
  • Middle Or Junior School: Ellis

Lot Info

  • Parcel #: H8060A0016
  • Zoning: R-A
  • TRIADMLS_PlatPage: 139
  • TRIADMLS_PlatBook: 0007
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 1362.84
  • Tax Lot: 16
  • Tax Year: 2019
  • TRIADMLS_TaxRate: 0.8023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2020
Closed on
Sep 28, 2020
Sold by
Wyatt Jason K and Wyatt Madison S
Bought by
Sereika Joseph C and Sereika Rita L
Seller's Agent
Kris Shepherd
eXp Realty
Buyer's Agent
Jeannie Smith
Southern Signature Properties
Sold Price
$242,000
Current Estimated Value
$374,897

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,897
Avg. Annual Appreciation
8.66%
Original Mortgage
$75,000
Outstanding Balance
$66,709
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$308,189

Purchase Details

Listed on
May 17, 2011
Closed on
Jan 31, 2013
Sold by
Shook Stuart H
Bought by
Wyatt Jason K and Wyatt Madison S
Buyer's Agent
Ellen Grubb
Hillsdale Real Estate Group
List Price
$180,000
Sold Price
$157,500
Premium/Discount to List
-$22,500
-12.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.76%
Original Mortgage
$151,505
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 1, 2001

Purchase Details

Closed on
Oct 1, 1999

Purchase Details

Closed on
Mar 1, 1998
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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Purchase History

Date Buyer Sale Price Title Company
Sereika Joseph C $242,000 None Available
Wyatt Jason K $157,500 None Available
-- $159,000 --
-- $28,800 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sereika Joseph C $75,000
Previous Owner Wyatt Jason K $151,505
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/30/2020 09/30/20 Sold $242,000 +53.7% $161 / Sq Ft
01/31/2013 01/31/13 Sold $157,500 -12.5% $83 / Sq Ft View Prior Sale
11/28/2012 11/28/12 Pending -- -- --
05/17/2011 05/17/11 For Sale $180,000 -- $95 / 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 $2,025 $281,400 $63,000 $218,400
2024 $1,519 $187,310 $40,000 $147,310
2023 $1,527 $187,310 $40,000 $147,310
2022 $1,534 $187,310 $40,000 $147,310
2021 $1,495 $184,110 $40,000 $144,110
2020 $1,363 $169,850 $40,000 $129,850
2019 $1,363 $169,850 $40,000 $129,850
2018 $1,321 $169,850 $40,000 $129,850
2017 $1,304 $169,850 $0 $0
2016 $1,334 $173,730 $0 $0
2015 $1,334 $173,730 $0 $0
2014 $1,147 $173,730 $0 $0
2013 -- $173,730 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 987757

Triad MLS

APN: H8-060-A0-016