NOT LISTED FOR SALE

2948 Elder Ln Burlington, NC 27215

Estimated Value: $247,483

3 Beds
2 Baths
1,028 Sq Ft
$241/Sq Ft Est. Value

Sale Details

Date Sold: January 17, 2020

Last sale price $163,000 $159 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $1,474 / mo

12 Days on Market

Highlights

  • 1 Fireplace
  • Ceramic Tile Flooring
  • Heating System Uses Gas
  • Cooling Available
  • Rectangular Lot
  • 1-Story Property

About This Home

As of January 2020

This beautifully remodeled home has 3 bedrooms and 2 full bathrooms with a new roof, new windows, new HVAC AND a new hot water heater. Updated electrical and plumbing. New kitchen with subway tile back splash. All new Stainless-steel appliances. New baths. And located in the E.M Holt School District. This Home Is Breathtaking and won't last long!

Last Agent to Sell the Property

Darshan Ivie

Keller Williams Central License #304113 Listed on: 12/04/2019

Last Buyer's Agent

Mackenzie Brown

Keller Williams Central License #251323

Keller Williams Central

Home Details

Home Type

  • Single Family

Year Built

  • 1938

Lot Details

  • 17,816 Sq Ft Lot
  • Rectangular Lot
  • Zoning described as R20

Parking

  • Parking Pad

Home Design

  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • 1 Fireplace
  • Ceramic Tile Flooring
  • Washer Hookup

Kitchen

  • Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Cooling Available
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 8852574983

Home Details

Home Type

Single Family

Year Built

1938

Lot Details

0.41 Acres

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.41
  • Directions: NC Hwy 62 South, Rt On to Elder Ln. Home is on the Left.
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1938
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Oven, Refrigerator
  • Has Basement: Crawl Space
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile
  • Interior Amenities: Other

Exterior Features

  • Lot Features: Rectangular Lot
  • Construction Type: Vinyl Siding
  • Exterior Features: None

Garage/Parking

  • Parking Features: Parking Pad

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Gas
  • Heating Yn: Yes

Lot Info

  • Lot Size Sq Ft: 17816.0
  • Parcel #: 8852574983
  • Zoning Description: R20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 20, 2020
Sold by
Takia Andrew A and Takia Laura M
Bought by
Elder Lane Llc
Current Estimated Value
$247,483

Purchase Details

Listed on
Dec 4, 2019
Closed on
Jan 14, 2020
Sold by
Ps Allen Construction Llc
Bought by
Takla Andrew A and Takla Laura M
Seller's Agent
Darshan Ivie
Keller Williams Central
Buyer's Agent
Mackenzie Brown
Keller Williams Central
List Price
$169,000
Sold Price
$163,000
Premium/Discount to List
-$6,000
-3.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.98%
Original Mortgage
$122,250
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 17, 2019
Closed on
Jul 24, 2019
Sold by
Quest Real Estate Management Llc
Bought by
Divella Allen and Allen Steven
Seller's Agent
Holly Rose
Allen Tate/Burlington
Buyer's Agent
Darshan Ivie
Keller Williams Central
List Price
$89,900
Sold Price
$70,000
Premium/Discount to List
-$19,900
-22.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
554.27%
Source: Public Records
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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
Elder Lane Llc -- None Available
Takla Andrew A $163,000 Attorney
Divella Allen $70,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Takla Andrew A $122,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/17/2020 01/17/20 Sold $163,000 -3.6% $159 / Sq Ft
12/16/2019 12/16/19 Pending -- -- --
12/04/2019 12/04/19 For Sale $169,000 +141.4% $164 / Sq Ft
08/05/2019 08/05/19 Sold $70,000 -22.1% $68 / Sq Ft View Prior Sale
07/06/2019 07/06/19 Pending -- -- --
01/17/2019 01/17/19 For Sale $89,900 -- $87 / Sq Ft
Source: Alamance Multiple Listing Service

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 $1,694 $226,364 $30,668 $195,696
2024 $1,569 $226,364 $30,668 $195,696
2023 $1,478 $226,364 $30,668 $195,696
2022 $799 $82,985 $18,044 $64,941
2021 $807 $82,985 $18,044 $64,941
2020 $815 $82,985 $18,044 $64,941
2019 $577 $58,462 $17,898 $40,564
2018 $0 $58,462 $17,898 $40,564
2017 $525 $58,462 $17,898 $40,564
2016 $468 $52,768 $24,657 $28,111
2015 $466 $52,768 $24,657 $28,111
2014 -- $52,768 $24,657 $28,111
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2020

    Darshan Ivie

    Keller Williams Central

  • Mackenzie Brown

    Buyer's Agent in 2020

    Mackenzie Brown

    Keller Williams Central

    (336) 269-3683

    51 Total Sales

    Mackenzie Brown
    Section Image
  • Holly Rose

    Seller's Agent in 2019

    Holly Rose

    Allen Tate/Burlington

    (336) 516-5527

    71 Total Sales

    Holly Rose
    Section Image
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Map

Source: Alamance Multiple Listing Service

MLS Number: 106226

APN: 111754

North Carolina Alamance County Burlington 27215

2948 Elder Ln, Burlington, NC

Not Listed for Sale

Detached

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