NOT LISTED FOR SALE

3905 N Nc Highway 87 Elon, NC 27244

Estimated Value: $596,000 - $806,403

3 Beds
3 Baths
3,100 Sq Ft
$220/Sq Ft Est. Value

Last Sold October 14, 2016

Last sale price $310,000 $100 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $4,020/month

65 Days on Market

Highlights

  • Barn
  • Living Room with Fireplace
  • Attic
  • Horses Allowed On Property
  • Wood Flooring
  • No HOA

About This Home

As of October 2016

Rare Find! Beautiful Home On Ten Acres, With A Barn. Incredibly Well Maintained With Fabulous Kitchen Complete With Quartz Counters, Sub-Zero Frig.& Gas Cooktop. Cozy Den W/Fp. Lr, Dr, Spacious Master Suite, Heated Floor In Mba, Roman Shower Plus Dressing Room 19.5 X 9.2. Huge Unfin. Basement. Perm. Stairs To Attic.See Attached Feature Sheet.

Last Agent to Sell the Property

Virginia Wilburn

Preferred Realty Triad License #56856 Listed on: 06/22/2016

Last Buyer's Agent

David L. Carter

Allen Tate - Burlington License #276042

Allen Tate - Burlington

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,155

Year Built

  • Built in 1940

Lot Details

  • 10.58

Parking

  • 1 Car Garage
  • Attached Carport
  • Driveway

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 2,904 Sq Ft Home
  • 2,600-3,100 Sq Ft Home
  • Property has 1 Level
  • Insulated Windows
  • Living Room with Fireplace
  • 2 Fireplaces
  • Den with Fireplace
  • Permanent Attic Stairs
  • Dishwasher
  • Unfinished Basement

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Schools

  • Western Middle School
  • Western High School

Farming

  • Barn
  • Pasture

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Well

Additional Features

  • Porch
  • 10.58 Acre Lot
  • Horses Allowed On Property

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 111092
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,155

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 10.58
  • Subdivision Name: None
  • Directions: Hwy 87 North. Approximately 4 miles north of Western High School. Brick ranch on right.
  • Above Grade Finished Sq Ft: 2904
  • Architectural Style: Ranch
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1940
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2600 - 3100
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Dishwasher
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Built-in Features, Pantry
  • Has Basement: Unfinished, Basement
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Den, Living Room
  • Fireplaces: 2
  • Living Area: 2904
  • Main Level Bathrooms: 3
  • Attic Description: Floored Attic, Permanent Stairs
  • TRIADMLS_FullBathsMain: 3
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes

Exterior Features

  • Lot Features: Horses Allowed, Pasture
  • Construction Type: Brick, Vinyl Siding
  • Other Structures: Barn(s)

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Driveway, Attached Carport
  • Garage Description: Attached Carport

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Forced Air, Oil, Propane
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Oil, Propane Gas
  • Water Heater: Unknown
  • Energy Features: Insulated Windows

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Altamahaw-Ossipee
  • High School: Western
  • Middle Or Junior School: Western

Lot Info

  • Parcel #: 111092
  • Zoning: Residential
  • TRIADMLS_PricePerAcre: 31096.4083
  • TRIADMLS_DeedPage: 175
  • TRIADMLS_DeedBook: 1435
  • TRIADMLS_AcresRange: 10 - 11

Tax Info

  • Tax Annual Amount: 2155.01
  • Tax Year: 2015
  • TRIADMLS_TaxRate: 1.16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2016
Closed on
Oct 13, 2016
Sold by
The Plly N Gilliam Revocable Trust U/W/A
Bought by
Strauss Jessalynn R and Hoffman Allan M
Seller's Agent
Virginia Wilburn
Preferred Realty Triad
Buyer's Agent
David L. Carter
Allen Tate - Burlington
List Price
$350,000
Sold Price
$310,000
Premium/Discount to List
-$40,000
-11.43%
Current Estimated Value
$681,601

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$371,601
Avg. Annual Appreciation
8.32%
Original Mortgage
$248,000
Outstanding Balance
$203,042
Interest Rate
3.46%
Mortgage Type
New Conventional
Estimated Equity
$425,777
Source: Public Records

Range of Values:

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Average Value
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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
Strauss Jessalynn R $310,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Strauss Jessalynn R $248,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2016 10/14/16 Sold $310,000 0.0% $107 / Sq Ft
10/14/2016 10/14/16 Sold $310,000 -11.4% $119 / Sq Ft
09/14/2016 09/14/16 Pending -- -- --
08/27/2016 08/27/16 Pending -- -- --
06/22/2016 06/22/16 For Sale $350,000 0.0% $135 / Sq Ft
04/20/2016 04/20/16 For Sale $350,000 -- $121 / 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
2024 $3,672 $645,269 $109,071 $536,198
2023 $3,416 $645,269 $109,071 $536,198
2022 $2,458 $312,702 $91,133 $221,569
2021 $2,489 $312,702 $91,133 $221,569
2020 $2,520 $312,702 $91,133 $221,569
2019 $2,533 $312,702 $91,133 $221,569
2018 $0 $312,702 $91,133 $221,569
2017 $2,236 $312,702 $91,133 $221,569
2016 $1,296 $185,777 $25,437 $160,340
2015 $1,289 $185,777 $25,437 $160,340
2014 $1,197 $185,777 $25,437 $160,340
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 799303

Triad MLS

APN: 111092