NOT LISTED FOR SALE

3941 Altamahaw Race Track Rd Elon, NC 27244

Estimated Value: $265,000 - $302,000

3 Beds
2 Baths
1,300 Sq Ft
$220/Sq Ft Est. Value

Last Sold January 11, 2021

Last sale price $190,000 $146 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $1,695/month

2 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Attached Garage
  • Fenced
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of January 2021

Cute one level home on over one acre in western school district! Beautifully updated Open floor plan, large kitchen with walk in pantry, spacious master bedroom, walk-in closets, double vanity in master bath and two car garage! Huge fenced backyard with storage building.

Last Agent to Sell the Property

Jennifer Blythe

Blythe Real Estate Services License #239889 Listed on: 11/14/2020

Last Buyer's Agent

Anna Scott Pulliam

Coldwell Banker Advantage License #315100

Coldwell Banker Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,133

Year Built

  • Built in 2003

Lot Details

  • 1.1 Acre Lot
  • Fenced

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,230 Sq Ft Home
  • 1,100-1,300 Sq Ft Home
  • Property has 1 Level
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Western Middle School
  • Western Alamance High School

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Indian Rocks Estate Subdivision

Listing and Financial Details

  • Assessor Parcel Number 119041
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,133

Year Built

Built in 2003

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 1.1
  • Lot Size: 1.1 acres
  • Subdivision Name: Indian Rocks Estate
  • Directions: Hwy 87 to Gilliam Church Rd., Rt on Altamahaw Race Track
  • Above Grade Finished Sq Ft: 1230
  • Architectural Style: Ranch
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 2003
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1100 - 1300
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Water Heater
  • Flooring: Vinyl, Wood
  • Interior Amenities: Dead Bolt(s)
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1230
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Driveway, Garage, Garage Door Opener, Attached
  • Garage Description: Attached Garage

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Parcel #: 119041
  • Zoning: RES
  • TRIADMLS_PricePerAcre: 168181.8182
  • TRIADMLS_PlatPage: 0345
  • TRIADMLS_DeedPage: 513
  • TRIADMLS_DeedBook: 3560
  • TRIADMLS_PlatBook: 064
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 1133
  • Tax Year: 2019
  • TRIADMLS_TaxRate: 0.81

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2020
Closed on
Jan 8, 2021
Sold by
Smith Corey Thomas and Thompson Stephanie Renee
Bought by
Gilstrap Michael Layne
Seller's Agent
Jennifer Blythe
Blythe Real Estate Services
Buyer's Agent
Anna Scott Pulliam
Coldwell Banker Advantage
Sold Price
$190,000
Current Estimated Value
$286,602

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,602
Avg. Annual Appreciation
9.39%
Original Mortgage
$191,919
Outstanding Balance
$173,210
Interest Rate
2.7%
Mortgage Type
USDA
Estimated Equity
$113,392

Purchase Details

Listed on
Mar 18, 2016
Closed on
Jun 30, 2016
Sold by
Graham Mark
Bought by
Smith Corey Thomas and Thompson Stephanie Renee
Seller's Agent
Default Firm Record
Coldwell Banker Advantage-Burlington
Buyer's Agent
Jennifer Blythe
Allen Tate/Burlington
List Price
$142,500
Sold Price
$135,000
Premium/Discount to List
-$7,500
-5.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.85%
Original Mortgage
$138,817
Interest Rate
3.64%
Mortgage Type
New Conventional
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
Gilstrap Michael Layne $190,000 None Available
Smith Corey Thomas $135,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gilstrap Michael Layne $35,000
Open Gilstrap Michael Layne $191,919
Previous Owner Smith Corey Thomas $138,817
Previous Owner Graham Mark $120,190
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2021 01/11/21 Sold $190,000 +40.7% $173 / Sq Ft
07/07/2016 07/07/16 Sold $135,000 -5.3% $110 / Sq Ft
06/07/2016 06/07/16 Pending -- -- --
03/18/2016 03/18/16 For Sale $142,500 -- $116 / 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 $1,517 $266,629 $30,050 $236,579
2023 $1,411 $266,629 $30,050 $236,579
2022 $1,062 $135,092 $30,150 $104,942
2021 $1,114 $139,930 $30,150 $109,780
2020 $1,128 $139,930 $30,150 $109,780
2019 $1,133 $139,930 $30,150 $109,780
2018 $0 $139,930 $30,150 $109,780
2017 $1,008 $139,930 $30,150 $109,780
2016 $912 $130,816 $30,150 $100,666
2015 $908 $130,816 $30,150 $100,666
2014 -- $130,816 $30,150 $100,666
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Blythe

    Seller's Agent in 2021

    Jennifer Blythe

    Blythe Real Estate Services

    (336) 447-0261

    76 Total Sales

    Section Image

  • A

    Buyer's Agent in 2021

    Anna Scott Pulliam

    Coldwell Banker Advantage

    (910) 330-2065

    61 Total Sales

    Section Image

  • D

    Seller's Agent in 2016

    Default Firm Record

    Coldwell Banker Advantage-Burlington

See All Agents

Map

Source: Triad MLS

MLS Number: 002708

Triad MLS

APN: 119041

North Carolina Alamance County Elon 27244

3941 Altamahaw Race Track Rd, Elon, NC

This home is located at 3941 Altamahaw Race Track Rd, Elon, NC 27244 since 14 November 2020 and is currently estimated at $286,602, approximately $220 per square foot. This property was built in 2003. 3941 Altamahaw Race Track Rd is a home located in Alamance County with nearby schools including Altamahaw Ossipee Elementary School, Western Alamance Middle School, and Western Alamance High School.

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