NOT LISTED FOR SALE

298 Covington Dr Advance, NC 27006

Estimated Value: $400,396 - $432,000

4 Beds
2.5 Baths
2,388 Sq Ft
$175/Sq Ft Est. Value

Last Sold May 03, 2023

Last sale price $365,700 $153 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,368/month

5 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • Front Porch
  • Shady Grove Elementary School Rated A-
  • Wood Flooring
  • Laundry in Utility Room

About This Home

As of May 2023

Immaculately maintained home in desirable Covington Creek in popular Davie County! Lots of updates including appliances (2016), roof (2016), HVAC (2014), new windows (2022) Kitchen features quartz counter tops & stainless appliances. Bright breakfast room with bay window overlooks large back yard, formal living and dining rooms. Large den with gas fireplace! Four large bedrooms upstairs, extra large 4th BR (18 x 19) can work as a nice bonus room. Covered front porch and new 14 x 14 rear deck (2017)! Neighborhood features a basketball court, gazebo, and wonderful walking sidewalks. Easy access to I-40!

Last Agent to Sell the Property

Binny Orrell

Berkshire Hathaway HomeServices Carolinas Realty License #56987 Listed on: 03/29/2023

Berkshire Hathaway HomeServices Carolinas Realty

Last Buyer's Agent

Sara Griffin

Premier Realty of NC LLC License #298225

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2000

Lot Details

  • Lot Dimensions are 98x294x107x297
  • Property is zoned R20

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Gas Fireplace
  • Insulated Windows
  • Den with Fireplace
  • Crawl Space
  • Pull Down Stairs to Attic

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry in Utility Room
  • Electric Dryer Hookup

Outdoor Features

  • Deck
  • Front Porch

Schools

  • Shady Grove Elementary School
  • William Ellis Middle School
  • Davie High School

Utilities

  • Central Air
  • Heat Pump System
  • Septic Tank

Community Details

  • Covington Creek HOA, Phone Number (336) 462-6727
  • Covington Creek Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number H8-060-A0-018

Home Details

Home Type

Single Family

Year Built

Built in 2000

Lot Details

0

HOA Fees

$25 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 2000
  • Restrictions: Architectural Review
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 153.14
  • Bedroom Lower: 0
  • Geocode Confidence: High
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl, Wood
  • Interior Amenities: Attic Stairs Pulldown
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1023
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 426
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 426
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 1365
  • Appliances: Dishwasher, Disposal, Electric Range, Microwave, Refrigerator
  • Above Grade Finished Sq Ft: 2388
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Den, Gas
  • Living Area: 2388
  • Window Features: Insulated Window(s)
  • Bedroom Main: 0
  • Bedroom Basement: 0
  • Bedroom Third: 0

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Construction Type: Vinyl
  • Patio And Porch Features: Deck, Front Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway

Utilities

  • Heating: Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: Electric Dryer Hookup, Utility Room
  • Cooling: Central Air
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Association Fee: 300
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Covington Creek HOA
  • Phone: 336-462-6727
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Association Annual Expense: 300.00

Schools

  • Middle Or Junior School: William Ellis
  • HOA Subject To: Required

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: H8-060-A0-018
  • Lot Size: 98x294x107x297
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R20

MLS Schools

  • Elementary School: Shady Grove
  • High School: Davie

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2023
Closed on
May 1, 2023
Sold by
Burford Deborah Ann and Burford Charles W
Bought by
Bare Timothy Donald and Bare Crystal Harris
Seller's Agent
Binny Orrell
Berkshire Hathaway HomeServices Carolinas Realty
Buyer's Agent
Sara Griffin
Premier Realty of NC LLC
List Price
$360,000
Sold Price
$365,700
Premium/Discount to List
$5,700
1.58%
Views
62
Current Estimated Value
$418,349

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,649
Avg. Annual Appreciation
5.15%
Original Mortgage
$377,768
Outstanding Balance
$361,822
Interest Rate
4%
Mortgage Type
VA
Estimated Equity
$56,527

Purchase Details

Closed on
Jul 1, 2000

Purchase Details

Closed on
Nov 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
Bare Timothy Donald $366,000 None Listed On Document
Bare Timothy Donald $366,000 None Listed On Document
-- $195,000 --
-- $27,000 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bare Timothy Donald $377,768
Closed Bare Timothy Donald $377,768
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2023 05/03/23 Sold $365,700 +1.6% $153 / Sq Ft
03/29/2023 03/29/23 For Sale $360,000 -- $151 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $1,867 $306,870 $63,000 $243,870
2024 $1,801 $225,910 $40,000 $185,910
2023 $1,775 $222,620 $40,000 $182,620
2022 $1,775 $222,620 $40,000 $182,620
2021 $1,775 $222,620 $40,000 $182,620
2020 $1,632 $203,280 $40,000 $163,280
2019 $1,632 $203,280 $40,000 $163,280
2018 $1,582 $203,280 $40,000 $163,280
2017 $1,562 $203,280 $0 $0
2016 $1,596 $207,760 $0 $0
2015 $1,596 $207,760 $0 $0
2014 $1,371 $207,760 $0 $0
2013 -- $207,760 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4014562

Canopy MLS (Canopy Realtor® Association)

APN: H8-060-A0-018