NOT LISTED FOR SALE

388 Eldora Rd Ararat, NC 27007

Estimated Value: $291,000 - $353,000

3 Beds
1 Bath
2,200 Sq Ft
$143/Sq Ft Est. Value

Last Sold April 08, 2024

Last sale price $280,000 $127 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,785/month

25 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Central Air
  • Copeland Elementary School Rated A-
  • 2 Car Attached Garage

About This Home

As of April 2024

This one owner, well maintained home is 3 bedroom & 1 bath and nestled on approx 2.62 acres . Inside features eat in kitchen/dining area, living room with large picturesque window and cozy fireplace, with real hardwood floors throughout most of the home. Downstairs is where you will find a utitlity/laundry area and 2 finished Bonus rooms, great for bedrooms, recreation rooms, or in home office etc. Paved driveway and 2 car garage add to the tidy curb appeal. Springtime is sure to surprise as the landscaping begins to bloom! Schedule your showing today!

Last Agent to Sell the Property

Megan Bowman

Megan Bowman Realty LLC License #289752 Listed on: 01/27/2024

Last Buyer's Agent

Harsh Patel

Hunter Realty & Property Management, LLC License #346138

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $544

Year Built

  • Built in 1962

Lot Details

  • 2.62 Acre Lot
  • Property is zoned RA

Parking

  • 2 Car Attached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,041 Sq Ft Home
  • 1,800-2,200 Sq Ft Home
  • Property has 1 Level
  • Living Room with Fireplace
  • Free-Standing Range
  • Finished Basement

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 593500129697
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$544

Year Built

Built in 1962

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 2.62
  • Subdivision Name: None
  • Directions: Mount Airy: Rockford St/601, Turn left onto Old U.S. 601,Turn left onto Siloam Rd, Turn left onto Ararat Rd, Turn right onto Nurse Rd, Turn left onto Eldora Rd, Home is on Right, Sign in front
  • Above Grade Finished Sq Ft: 2041
  • Unit Levels: One and One Half
  • Structure Type: House
  • Year Built: 1962
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_HeatedFinishedBasementSqFtRange: 500 - 700
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1800 - 2200
  • TRIADMLS_CityLimitsYN: No
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Slide-In Oven/Range, Electric Water Heater
  • Flooring: Laminate, Tile, Wood
  • Has Basement: Finished, Basement
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 2041
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

  • Pool Features: None
  • Construction Type: Vinyl Siding
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage, Attached
  • Garage Description: Attached Garage

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 593500129697
  • Zoning: RA
  • TRIADMLS_PlatPage: 147
  • TRIADMLS_PlatBook: 33
  • TRIADMLS_AcresRange: 2 - 3

Tax Info

  • Tax Annual Amount: 544
  • Tax Year: 2023
  • TRIADMLS_TaxRate: 0.642

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2024
Closed on
Apr 4, 2024
Sold by
Ratliff Timothy C and Hutchins William G
Bought by
Willis Chase D and Varney Jasmine C
Seller's Agent
Megan Bowman
Megan Bowman Realty LLC
Buyer's Agent
Harsh Patel
Hunter Realty & Property Management, LLC
List Price
$289,000
Sold Price
$280,000
Premium/Discount to List
-$9,000
-3.11%
Views
108
Current Estimated Value
$314,421

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,421
Avg. Annual Appreciation
6.97%
Original Mortgage
$260,000
Outstanding Balance
$255,890
Interest Rate
6.9%
Mortgage Type
FHA
Estimated Equity
$58,531
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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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
Willis Chase D $280,000 None Listed On Document
Willis Chase D $280,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Willis Chase D $260,000
Closed Willis Chase D $260,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/08/2024 04/08/24 Sold $280,000 0.0% $156 / Sq Ft
02/22/2024 02/22/24 Pending -- -- --
02/19/2024 02/19/24 Price Changed $280,000 -1.8% $156 / Sq Ft
02/09/2024 02/09/24 Price Changed $285,000 -1.4% $158 / Sq Ft
01/27/2024 01/27/24 For Sale $289,000 -- $161 / Sq Ft
Source: Triad 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
2025 $1,599 $260,890 $40,800 $220,090
2024 $947 $217,610 $33,600 $184,010
2023 $544 $139,690 $33,280 $106,410
2022 $544 $139,690 $33,280 $106,410
2021 $553 $139,690 $33,280 $106,410
2020 $550 $136,730 $30,900 $105,830
2019 $547 $136,730 $30,900 $105,830
2018 $538 $136,730 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Megan Bowman

    Seller's Agent in 2024

    Megan Bowman

    Megan Bowman Realty LLC

    (336) 501-0608

    120 Total Sales

    Megan Bowman
    Section Image

  • H

    Buyer's Agent in 2024

    Harsh Patel

    Hunter Realty & Property Management, LLC

    11 Total Sales

    Harsh Patel
    Section Image
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Map

Source: Triad MLS

MLS Number: 1131361

Triad MLS

APN: 5935-00-12-8590

North Carolina Surry County Ararat 27007

388 Eldora Rd, Ararat, NC

Not Listed for Sale

Detached

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