NOT LISTED FOR SALE

Estimated Value: $168,000 - $199,000

2 Beds
1 Bath
1,100 Sq Ft
$172/Sq Ft Est. Value

Last Sold May 23, 2022

Last sale price $170,000 $155 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,131/month

4 Days on Market

Highlights

  • Wood Flooring
  • Attached Garage
  • Heating System Uses Gas
  • 1 Fireplace
  • Cooling Available
  • 1-Story Property

About This Home

As of May 2022

All Brick home nestled in the heart of the historic Altamahaw Ossipee village in Elon! Beautiful refinished hardwoods throughout! Lovely updated bathroom. Eat in kitchen. Huge storage building in back of property! Great Price! Will not last!

Last Agent to Sell the Property

Johnna Wood

Elevation Realty, LLC License #299255 Listed on: 04/15/2022

Last Buyer's Agent

Susan Sutton

Elevation Realty, LLC License #280326

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,007

Year Built

  • 1950

Lot Details

  • 0.32 Acre Lot

Parking

  • Attached Garage

Interior Spaces

  • 1-Story Property
  • 1 Fireplace

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Cooling Available
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 118596

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,007

Year Built

1950

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.32
  • Directions: Take S Melville St to E Harden St Take NC-87 N to Elmira St in Burlington Follow Durham St to NC-87 N Turn right onto NC-87 N Drive to Cherokee Dr
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1950
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl, Wood
  • Interior Amenities: Other

Garage/Parking

  • Parking Features: Attached

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Gas
  • Heating Yn: Yes

Lot Info

  • Lot Size Sq Ft: 13939.0
  • Parcel #: 118596
  • Zoning Description: R
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2022
Closed on
May 9, 2022
Sold by
George Maxson
Bought by
Mcneil Aimee S and Mcneil James
Seller's Agent
Johnna Wood
Elevation Realty, LLC
Buyer's Agent
Susan Sutton
Elevation Realty, LLC
List Price
$155,000
Sold Price
$170,000
Premium/Discount to List
$15,000
9.68%
Total Days on Market
4
Current Estimated Value
$188,670

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,670
Avg. Annual Appreciation
3.42%
Original Mortgage
$169,500
Outstanding Balance
$160,301
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$28,369

Purchase Details

Listed on
Jun 9, 2017
Closed on
Sep 29, 2017
Sold by
Harder Doris P and Harder Alan
Bought by
Maxson George Edward
Seller's Agent
Jeff Sykes
ON SITE REAL ESTATE
Buyer's Agent
NONMEMBER NONMEMBER
List Price
$75,000
Sold Price
$77,500
Premium/Discount to List
$2,500
3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.40%
Original Mortgage
$73,625
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 13, 1993
Bought by
Price Sarah Life Estate
Source: Public Records

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Range of Values:

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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
Mcneil Aimee S $170,000 Carter Ashley L
Maxson George Edward $78,000 Attorney
Price Sarah Life Estate -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcneil Aimee S $169,500
Previous Owner Maxson George Edward $73,625
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2022 05/23/22 Sold $170,000 +9.7% $155 / Sq Ft
04/19/2022 04/19/22 Pending -- -- --
04/15/2022 04/15/22 For Sale $155,000 +100.0% $141 / Sq Ft
09/29/2017 09/29/17 Sold $77,500 +3.3% $86 / Sq Ft
07/25/2017 07/25/17 Pending -- -- --
06/09/2017 06/09/17 For Sale $75,000 -- $83 / Sq Ft
Source: Alamance Multiple Listing Service

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 $1,007 $176,897 $11,724 $165,173
2023 $936 $176,897 $11,724 $165,173
2022 $666 $84,666 $13,200 $71,466
2021 $674 $84,666 $13,200 $71,466
2020 $682 $84,666 $13,200 $71,466
2019 $686 $84,666 $13,200 $71,466
2018 $0 $84,666 $13,200 $71,466
2017 $607 $84,666 $13,200 $71,466
2016 $625 $89,603 $13,200 $76,403
2015 $622 $89,603 $13,200 $76,403
2014 -- $89,603 $13,200 $76,403
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alamance Multiple Listing Service

MLS Number: 122856

APN: 118596