NOT LISTED FOR SALE

2935 Elder Ln Burlington, NC 27215

Estimated Value: $311,000 - $389,000

3 Beds
2 Baths
2,300 Sq Ft
$147/Sq Ft Est. Value

Sale Details

Date Sold: November 19, 2015

Last sale price $45,000 $20 Per Sq Ft

Est. 652% increase in value since last sale

Current estimated payment $1,973 / mo

12 Days on Market

Highlights

  • Private Pool
  • Cottage
  • Forced Air Heating and Cooling System
  • No HOA
  • Outdoor Storage
  • Fenced

About This Home

As of November 2015

Highest & Best Has Been Awarded By The Seller. Reduced!! Very Good Opportunity For Someone To Finish Renovations. Seller Has Installed A New Roof. Pool Needs New Liner And Other Repairs. Prior Owner Made Several Additions To The Original Structure Without Permits.

Last Agent to Sell the Property

Steve Johnston

REALTY EXECUTIVES/TRIAD License #156690 Listed on: 10/15/2015

REALTY EXECUTIVES/TRIAD

Last Buyer's Agent

Jose Lagunas

Realty of America License #204514

Realty of America

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1948

Lot Details

  • 22,216 Sq Ft Lot
  • Lot Dimensions are 100 x 229 x 99 x 221
  • Fenced
  • Property is zoned R20

Home Design

  • Cottage
  • Vinyl Siding

Interior Spaces

  • 2,126 Sq Ft Home
  • 1,900-2,300 Sq Ft Home
  • Property has 1 Level
  • Living Room with Fireplace
  • Crawl Space
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Private Pool
  • Outdoor Storage

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

  • Assessor Parcel Number 111770
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Year Built

Built in 1948

Lot Details

0.51 Acres

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.51
  • Lot Size: 100 x 229 x 99 x 221
  • Subdivision Name: None
  • Directions: From Greensboro, I-40 east. South on Route 62. Right onto Elder.
  • Above Grade Finished Sq Ft: 2126
  • Architectural Style: Cottage
  • Unit Levels: One
  • Year Built: 1948
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1900 - 2300
  • TRIADMLS_BuiltInformation: Estimated
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 2126
  • Main Level Bathrooms: 3
  • TRIADMLS_FullBathsMain: 3
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Fencing: Fenced
  • Pool Features: Private
  • Construction Type: Vinyl Siding
  • Other Structures: Storage

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Main Level
  • 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 #: 111770
  • Zoning: R20
  • TRIADMLS_AcresRange: 0 - 1

Tax Info

  • Tax Annual Amount: 1188
  • Tax Year: 2014
  • TRIADMLS_TaxRate: 0.8372

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 29, 2021
Sold by
Townsend Rosalva
Bought by
Alvarez Brandon Ariel Franco
Current Estimated Value
$338,175

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,650
Outstanding Balance
$218,399
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$119,776

Purchase Details

Closed on
Aug 5, 2016
Sold by
Martinez Antolina Santamaria
Bought by
Townsend Rosalva L

Purchase Details

Listed on
Oct 15, 2015
Closed on
Nov 11, 2015
Sold by
Federal Home Loan Mtg Corporation
Bought by
Martinez Antolina Santamaria
Seller's Agent
Steve Johnston
REALTY EXECUTIVES/TRIAD
Buyer's Agent
Jose Lagunas
Realty of America
List Price
$86,579
Sold Price
$45,000
Premium/Discount to List
-$41,579
-48.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.38%

Purchase Details

Closed on
Jul 17, 2014
Sold by
Flaker Sidney L
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
May 30, 2003
Sold by
Farrar Timothy
Bought by
Mcgrath Timothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,000
Interest Rate
5.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 8, 2001
Sold by
Beneficial Mortgage
Bought by
Flake Kathy W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,500
Interest Rate
7.12%

Purchase Details

Closed on
Aug 21, 2000
Sold by
Clark Rita
Bought by
Wellons Charles W
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
Alvarez Brandon Ariel Franco $245,000 None Available
Townsend Rosalva L -- None Available
Martinez Antolina Santamaria -- None Available
Federal Home Loan Mortgage Corporation $172,324 --
Mcgrath Timothy $282,500 --
Flake Kathy W $66,000 --
Wellons Charles W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alvarez Brandon Ariel Franco $237,650
Previous Owner Mcgrath Timothy $226,000
Previous Owner Flake Kathy W $62,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/30/2023 11/30/23 Off Market $45,000 -- --
11/19/2015 11/19/15 Sold $45,000 0.0% $24 / Sq Ft
11/19/2015 11/19/15 Sold $45,000 -48.0% $19 / Sq Ft View Prior Sale
10/29/2015 10/29/15 Pending -- -- --
10/28/2015 10/28/15 Pending -- -- --
10/15/2015 10/15/15 For Sale $86,579 +23.9% $46 / Sq Ft
03/19/2015 03/19/15 For Sale $69,900 -- $29 / Sq Ft
Source: Triad MLS

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 $2,013 $269,029 $33,030 $235,999
2024 $1,865 $269,029 $33,030 $235,999
2023 $1,757 $269,029 $33,030 $235,999
2022 $1,501 $155,904 $19,271 $136,633
2021 $1,041 $106,997 $19,271 $87,726
2020 $1,051 $106,997 $19,271 $87,726
2019 $1,057 $106,997 $19,271 $87,726
2018 $0 $106,997 $19,271 $87,726
2017 $960 $106,997 $19,271 $87,726
2016 $1,230 $138,558 $26,477 $112,081
2015 $1,224 $138,558 $26,477 $112,081
2014 $1,182 $141,895 $26,477 $115,418
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 775012

Triad MLS

APN: 111770

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