NOT LISTED FOR SALE

298 Rones Chapel Rd Mount Olive, NC 28365

Estimated Value: $535,000 - $660,000

4 Beds
3.5 Baths
4,321 Sq Ft
$135/Sq Ft Est. Value

Last Sold November 29, 2018

Last sale price $355,000 $82 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $3,408/month

120 Days on Market

Highlights

  • Attic
  • Thermal Windows
  • Wet Bar
  • No HOA
  • Fireplace
  • Patio

About This Home

As of November 2018

Executive-style home situated on 7.63 acres located just outside of city taxes in a quiet rural setting. This home was built in 2005 and shows like new. The detail in the trim of this home is evident from the time you walk in the door. Downstairs master. Current owners have enclosed the sunroom on the back of the house and added an outdoor kitchen to the patio area which is great for entertaining Or just hanging out with family. This home is a custom built home and it shows. The tray and vaulted ceilings make this home a show place. The upstairs bonus room plus another media room give plenty of space for any use you can think of. Fenced area for dog. Refrigerator and washer/dryer convey. Shown by appointment.

Last Agent to Sell the Property

David Kornegay

Kornegay Realty License #165118 Listed on: 07/03/2018

Last Buyer's Agent

Carline Ranger

Coldwell Banker Howard Perry & Walston License #251381

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,480

Year Built

  • Built in 2005

Lot Details

  • 7.63

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 4,321 Sq Ft Home
  • 1.5-Story Property
  • Wet Bar
  • Ceiling Fan
  • Fireplace
  • Thermal Windows
  • Storage In Attic
  • Range

Bedrooms and Bathrooms

  • 4 Bedrooms

Basement

  • Partial Basement
  • Crawl Space

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Patio

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • On Site Septic
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 03-1298

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,480

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Stories Levels: One and One Half
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Eave Storage, Walk-In
  • Basement: None
  • Interior Amenities: Ceiling Fan(s), Wet Bar
  • List Price per Sq Ft: 87.92
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bedrooms: 4
  • Number Rooms: 11
  • Sq Ft Heated: 4321.00
  • Total Heated Primary Separate Sq Ft: 4321.00

Exterior Features

  • Exterior Features: Thermal Windows
  • Exterior Finish: Vinyl Siding
  • Fencing: Partial
  • Foundation: Crawl Space
  • Porch Balcony Deck: Patio
  • Roof: Composition

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Parking Driveway: Concrete

Utilities

  • Appliances Equipment: Range, See Remarks, Refrigerator
  • Cooling System: Central
  • Heating System: Fireplace(s), Heat Pump
  • Utilities: Municipal Water, Septic On Site
  • Water Heater: Electric

Association/Amenities

  • HOA: No

Lot Info

  • Deed Page: 68.00
  • Lot Dimensions: 7.63 ACRES

Tax Info

  • Tax Identifier: 03-1298
  • Total Real Estate Property Taxes: 2480.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2018
Closed on
Nov 29, 2018
Sold by
Kornegay Christopher C and Kornegay Kelly T
Bought by
Cox Aldon H and Cox Meredith P
Seller's Agent
David Kornegay
Kornegay Realty
Buyer's Agent
Carline Ranger
Coldwell Banker Howard Perry & Walston
List Price
$355,000
Sold Price
$355,000
Current Estimated Value
$583,058

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$228,058
Avg. Annual Appreciation
6.73%
Original Mortgage
$337,250
Interest Rate
4.8%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 8, 2011
Sold by
Oates Brian Keith and Oates Carman K
Bought by
Kornegay Christopher Chad and Kornegay Kelly T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
4.53%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Cox Aldon H $355,000 --
Kornegay Christopher Chad $357,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cox Aldon $326,000
Closed Cox Aldon H $328,000
Closed Cox Aldon H $337,250
Previous Owner Kornegay Christopher C $299,000
Previous Owner Kornegay Christopher Chad $288,000
Previous Owner Kornegay Christopher Chad $325,000
Previous Owner Oates Brian K $194,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2018 11/29/18 Sold $355,000 0.0% $82 / Sq Ft
10/30/2018 10/30/18 Pending -- -- --
07/03/2018 07/03/18 For Sale $355,000 -- $82 / Sq Ft
Source: Hive 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
2024 $2,843 $339,500 $57,400 $282,100
2023 $2,860 $339,500 $57,400 $282,100
2022 $2,786 $339,500 $57,400 $282,100
2021 $2,693 $322,000 $57,400 $264,600
2020 $2,682 $322,000 $57,400 $264,600
2019 $2,392 $322,000 $57,400 $264,600
2018 $2,392 $322,000 $57,400 $264,600
2016 $2,271 $298,700 $49,200 $249,500
2013 $2,196 $298,700 $49,200 $249,500
Source: Public Records

Agents Affiliated with this Home

  • David Kornegay

    Seller's Agent in 2018

    David Kornegay

    Kornegay Realty

    (919) 738-3982

    111 in this area

    199 Total Sales

    David Kornegay
    Section Image

  • C

    Buyer's Agent in 2018

    Carline Ranger

    Coldwell Banker Howard Perry & Walston

See All Agents

Map

Source: Hive MLS

MLS Number: 71302

Hive MLS

APN: 03-1298

North Carolina Duplin County Mount Olive 28365

298 Rones Chapel Rd, Mount Olive, NC

This home is located at 298 Rones Chapel Rd, Mount Olive, NC 28365 since 03 July 2018 and is currently estimated at $583,058, approximately $134 per square foot. This property was built in 2005. 298 Rones Chapel Rd is a home located in Duplin County with nearby schools including North Duplin Elementary School and North Duplin Junior/Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Hive MLS The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS LLC. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Homesnap, Inc. shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. ©2025 Hive MLS LLC

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