NOT LISTED FOR SALE

405 Spring Hill Ln Gibsonville, NC 27249

Estimated Value: $348,345 - $375,000

4 Beds
2 Baths
1,800 Sq Ft
$204/Sq Ft Est. Value

Last Sold May 09, 2022

Last sale price $330,000 $183 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,213/month

2 Days on Market

Highlights

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

About This Home

As of May 2022

Fall in love the minute you see it! If the beautiful brick front exterior and welcoming front porch aren't enough, just wait until you see the inside! You will enjoy easy one-level living with the split floor plan. High ceilings, formal dining area and breakfast nook, fireplace with gas logs and so much more! Nice sized lot, and back deck are perfect for enjoying the outdoors. Great location near Elon University and Beth Schmidt Park-just minutes from I85/40. Come see for yourself what this beautiful home has to offer!

Last Agent to Sell the Property

Heather Morton Hill

eXp Realty License #299833 Listed on: 04/06/2022

eXp Realty

Last Buyer's Agent

Kristi May

Keller Williams Central License #254178

Keller Williams Central

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,302

Year Built

  • Built in 2005

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 92 x 157

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1,680 Sq Ft Home
  • 1,500-1,800 Sq Ft Home
  • Property has 1 Level
  • Living Room with Fireplace
  • Pull Down Stairs to Attic

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Western Middle School
  • Western Alamance High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Spring Hill Downs Subdivision

Listing and Financial Details

  • Assessor Parcel Number 108442
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,302

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.36
  • Lot Size: 92 x 157
  • Subdivision Name: Spring Hill Downs
  • Directions: From Church St, turn on Westbrook Ave. Take right on Brown Bark. Take left on Spring Hill Ln.
  • Above Grade Finished Sq Ft: 1680
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 2005
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1500 - 1800
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Microwave, Dishwasher, Slide-In Oven/Range, Gas Water Heater
  • Flooring: Carpet, Laminate, Wood
  • Interior Amenities: Kitchen Island
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 1680
  • Main Level Bathrooms: 2
  • Attic Description: Pulldown Stairs
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

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

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Elon
  • High School: Western Alamance
  • Middle Or Junior School: Western

Lot Info

  • Parcel #: 108442
  • Zoning: RES
  • TRIADMLS_PricePerAcre: 847222.2222
  • TRIADMLS_DeedPage: 155
  • TRIADMLS_DeedBook: 2363
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 2302.09
  • Tax Year: 2021
  • TRIADMLS_TaxRate: 1.19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2022
Closed on
Apr 26, 2022
Sold by
Worden David and Worden Diane
Bought by
Porter Brian and Porter Kimberly
Seller's Agent
Heather Morton Hill
eXp Realty
Buyer's Agent
Kristi May
Keller Williams Central
List Price
$305,000
Sold Price
$330,000
Premium/Discount to List
$25,000
8.2%
Current Estimated Value
$367,086

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,086
Avg. Annual Appreciation
3.12%
Original Mortgage
$295,075
Outstanding Balance
$278,118
Interest Rate
4.42%
Mortgage Type
FHA
Estimated Equity
$88,968

Purchase Details

Closed on
Dec 9, 2005
Sold by
Jordan Ronald K
Bought by
Worden David
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
Porter Brian $330,000 None Listed On Document
Worden David $184,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Porter Brian $295,075
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/09/2022 05/09/22 Sold $330,000 +8.2% $220 / Sq Ft
04/10/2022 04/10/22 Pending -- -- --
04/07/2022 04/07/22 For Sale $305,000 -- $203 / 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 $3,458 $337,708 $45,000 $292,708
2024 $3,239 $337,708 $45,000 $292,708
2023 $3,098 $337,708 $45,000 $292,708
2022 $2,269 $193,453 $40,000 $153,453
2021 $2,291 $193,453 $40,000 $153,453
2020 $2,308 $193,453 $40,000 $153,453
2019 $2,321 $193,453 $40,000 $153,453
2018 $0 $193,453 $40,000 $153,453
2017 $2,147 $193,453 $40,000 $153,453
2016 $2,129 $195,295 $45,000 $150,295
2015 $1,127 $195,295 $45,000 $150,295
2014 -- $195,295 $45,000 $150,295
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1064900

Triad MLS

APN: 108442