NOT LISTED FOR SALE

3212 Rae Dr Burlington, NC 27215

Estimated Value: $428,000 - $500,000

3 Beds
2 Baths
1,897 Sq Ft
$239/Sq Ft Est. Value

Last Sold August 18, 2014

Last sale price $194,000 $102 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $2,549/month

109 Days on Market

Highlights

  • Cape Cod Architecture
  • 1 Fireplace
  • Attached Garage
  • Wood Flooring
  • Granite Countertops
  • Cooling Available

About This Home

As of August 2014

Seller Motivated-Lovely Country Cape Cod W/Rocking Chair Front Porch.Home Updated W/Vinyl Siding,Roof,Hvac,Hardwood Flrs.Kitchen Updated W/Beautiful Granite Countertops,Stainless Appls & Bright Bkft Nook.Bonus Rm W/Sep.Hvac Unit.His/Her Closets 1St Flr Mbr.Unfin Daylight Basement W/Sep Entrance.Large Deck Overlooking Peaceful 1.9 Acres.Firepit In Rear Yard.Storage Bldg Incl & Extra Parking & Garden Areas.Southern Schools.

Last Agent to Sell the Property

Lorie Shoffner

David Massey Real Estate License #193610 Listed on: 04/01/2014

Last Buyer's Agent

Dawn Payne

David Massey Real Estate License #114676

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,097

Year Built

  • 1988

Lot Details

  • 1.92 Acre Lot
  • Landscaped
  • Irregular Lot
  • Zoning described as RESD

Parking

  • Attached Garage

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1.5-Story Property
  • 1 Fireplace
  • Basement

Kitchen

  • Gas Range
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio
  • Outdoor Storage

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Propane

Listing and Financial Details

  • Assessor Parcel Number 8862568296

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,097

Year Built

1988

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.92
  • Lot Size: 89037
  • Directions: I85/40,Exit 145.Go South On Hwy 49.Right On Bellemont Alamance Rd.Left On Rae Drive. Home At End Of Street. Driveway On Dennis Drive.
  • Architectural Style: Cape Cod
  • Unit Levels: One and One Half
  • Year Built: 1988
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Gas Range, Refrigerator, Washer
  • Has Basement: Exterior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl, Wood
  • Interior Amenities: Granite Counters, Other

Exterior Features

  • Lot Features: Irregular Lot, Landscaped
  • Construction Type: Brick, Vinyl Siding
  • Other Structures: Storage
  • Patio And Porch Features: Patio

Garage/Parking

  • Parking Features: Attached

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Propane
  • Heating Yn: Yes

Lot Info

  • Lot Size Sq Ft: 89037.0
  • Parcel #: 8862568296
  • Zoning Description: RESD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2014
Closed on
Aug 6, 2014
Sold by
Boswell Mark A
Bought by
Starke Wesley J
Seller's Agent
Lorie Shoffner
David Massey Real Estate
Buyer's Agent
Dawn Payne
David Massey Real Estate
List Price
$224,900
Sold Price
$194,000
Premium/Discount to List
-$30,900
-13.74%
Current Estimated Value
$453,572

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$259,572
Avg. Annual Appreciation
7.88%
Original Mortgage
$101,000
Outstanding Balance
$77,156
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$376,416

Purchase Details

Closed on
Aug 14, 2008
Sold by
Brown Keith A
Bought by
Boswell Mark A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
6.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 14, 2002
Sold by
Lawson Charles
Bought by
Brown Keith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,200
Interest Rate
6.75%
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
Starke Wesley J $194,000 --
Boswell Mark A $200,000 --
Brown Keith $174,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Starke Wesley J $101,000
Previous Owner Boswell Mark A $170,000
Previous Owner Brown Keith $139,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/18/2014 08/18/14 Sold $194,000 -13.7% $102 / Sq Ft
07/19/2014 07/19/14 Pending -- -- --
04/01/2014 04/01/14 For Sale $224,900 -- $119 / 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
2025 $2,097 $347,644 $48,826 $298,818
2024 $1,906 $347,644 $48,826 $298,818
2023 $1,768 $347,644 $48,826 $298,818
2022 $1,466 $191,920 $37,830 $154,090
2021 $1,485 $191,920 $37,830 $154,090
2020 $1,504 $191,920 $37,830 $154,090
2019 $1,511 $191,920 $37,830 $154,090
2018 $0 $191,920 $37,830 $154,090
2017 $1,339 $191,920 $37,830 $154,090
2016 $1,429 $207,799 $43,942 $163,857
2015 $1,421 $207,799 $43,942 $163,857
2014 $1,318 $207,799 $43,942 $163,857
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alamance Multiple Listing Service

MLS Number: 82805

APN: 119926