NOT LISTED FOR SALE

331 Millwheel Ln Mount Gilead, NC 27306

Estimated Value: $227,000 - $311,000

3 Beds
2 Baths
1,617 Sq Ft
$168/Sq Ft Est. Value

Last Sold June 16, 2023

Last sale price $210,000 $130 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,620/month

3 Days on Market

Highlights

  • Deck
  • Porch
  • Central Air
  • Rustic Architecture
  • Laundry Room
  • Wood Siding

About This Home

As of June 2023

Here is your chance to get into the highly sought after gated community of Woodrun on Lake Tillery! This gem is waiting for new owners to dust it off & make it all their own! Upon entering this unique floorplan, you will find the living and kitchen on the main floor; up the stairs is your primary bedroom & en suite bath, along with a secondary bedroom and separate full bath; the lower level has many use options with gas log insert fireplace, third bedroom, laundry room, & the potential for another bathroom. Don't forget about the large wired workshop detached from the home AND all of the amenities Woodrun offers! Community pool, clubhouse, tennis courts, playground, boat launch areas, boat slips, walking trails & much more, come check it out today!

Last Agent to Sell the Property

Crystal & Meredi Rooftop Realty

Meredith Christy Real Estate License #298605 Listed on: 05/05/2023

Last Buyer's Agent

Kat Mcrae

New South Realty, Inc License #C6975

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $910

Year Built

  • Built in 1991

Lot Details

  • 0.38

HOA Fees

  • $63 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Rustic Architecture
  • Tri-Level Property
  • Slab Foundation
  • Wood Siding

Interior Spaces

  • Self Contained Fireplace Unit Or Insert
  • Propane Fireplace
  • Linoleum Flooring
  • Crawl Space

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Outbuilding
  • Porch

Schools

  • Troy Elementary School
  • West Middle School
  • Montgomery Central High School

Utilities

  • Central Air
  • Vented Exhaust Fan
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Community Details

  • Woodrun Association, Inc Association, Phone Number (910) 439-5214
  • Woodrun Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 6587-14-34-9018

Home Details

Home Type

Single Family

Est. Annual Taxes

$910

Year Built

Built in 1991

Lot Details

0

HOA Fees

$63 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Rustic
  • Year Built: 1991
  • Road Surface Type: Dirt, Paved
  • Unit Levels: Tri-Level
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 129.87
  • Bedroom Lower: 1
  • Geocode Confidence: High
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Crawl Space, Slab
  • Fireplace: Yes
  • Flooring: Carpet, Linoleum
  • Lower Level Sq Ft: 569
  • Main Level Sq Ft: 496
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 552
  • Appliances: Dishwasher, Dryer, Electric Range, Electric Water Heater, Exhaust Fan, Refrigerator, Washer
  • Above Grade Finished Sq Ft: 1617
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Den, Gas Log, Insert, Propane
  • Living Area: 1617
  • Bedroom Main: 0
  • Room Count: 10

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Water Body Name: Lake Tillery
  • Waterfront Features: Boat Ramp – Community, Boat Slip – Community, Paddlesport Launch Site - Community, Other - See Remarks
  • Construction Type: Wood
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck, Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Driveway

Utilities

  • Heating: Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: Electric Dryer Hookup, Inside, Laundry Room, Lower Level, Washer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 750
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Woodrun Association, Inc
  • Phone: 910-439-5214
  • ResoAssociationFeeFrequency: Annually
  • Association Email: woodrunonlaketillery@gmail.com

Association/Amenities

  • Association Annual Expense: 750.00

Schools

  • Middle Or Junior School: West
  • HOA Subject To: Required

Lot Info

  • Lot Size Area: 0.38
  • Lot Size Units: Acres
  • Parcel Number: 6587-14-34-9018
  • Zoning: SFR
  • ResoLotSizeUnits: Acres
  • Zoning Specification: SFR

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: Troy
  • High School: Montgomery Central

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2023
Closed on
Jun 16, 2023
Sold by
Cero Roman F
Bought by
Reier Chad Gerald
Seller's Agent
Crystal & Meredi Rooftop Realty
Meredith Christy Real Estate
Buyer's Agent
Kat Mcrae
New South Realty, Inc
List Price
$199,900
Sold Price
$210,000
Premium/Discount to List
$10,100
5.05%
Views
28
Current Estimated Value
$271,764

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,764
Avg. Annual Appreciation
10.82%
Original Mortgage
$212,000
Outstanding Balance
$205,758
Interest Rate
5.4%
Mortgage Type
New Conventional
Estimated Equity
$57,234

Purchase Details

Closed on
Jul 1, 1994
Bought by
Cero Roman E and Cero Dona E
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
Reier Chad Gerald $210,000 None Listed On Document
Cero Roman E $79,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reier Chad Gerald $212,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2023 06/16/23 Sold $210,000 +5.1% $130 / Sq Ft
05/05/2023 05/05/23 For Sale $199,900 -- $124 / 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
2024 $910 $139,000 $16,150 $122,850
2023 $946 $139,000 $16,150 $122,850
2022 $947 $139,000 $16,150 $122,850
2021 $948 $139,000 $16,150 $122,850
2020 $949 $139,000 $16,150 $122,850
2018 $884 $133,900 $6,840 $127,060
2017 $884 $133,900 $6,840 $127,060
2016 $884 $133,900 $6,840 $127,060
2015 $817 $133,900 $0 $0
2014 $817 $133,873 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4027240

Canopy MLS (Canopy Realtor® Association)

APN: 6587-14-34-9018