NOT LISTED FOR SALE

4503 Cornerstone Dr Burlington, NC 27215

Estimated Value: $504,000 - $612,000

3 Beds
2.5 Baths
2,487 Sq Ft
$228/Sq Ft Est. Value

Last Sold November 03, 2014

Last sale price $330,000 $133 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $3,393/month

32 Days on Market

Highlights

  • Cathedral Ceiling
  • 1 Fireplace
  • Screened Porch
  • Wood Flooring
  • Granite Countertops
  • Attached Garage

About This Home

As of November 2014

Impressive, High-Quality Custom Home On Beautifully Manicured Lot.Whole House Generator. All Hardwood & Tile Flooring. Vaulted Livingroom W/ Gas Logs Opens To Gourmet Kitchen W/Granite,Stainless Lg & Electrolux Appliances.Enclosed Back Porch & Covered Front Porch. Master On Main W/ Tray Ceiling,Sitting Room,Wic,Jetted Tub, Tile Walkin Shower. Walkin Attic Stg. Abundant Upgrades-Rannai Tankless Wh, Irrigation, See Feature Sheet!

Last Agent to Sell the Property

Default Firm Record

Keller Williams Central Listed on: 09/02/2014

Last Buyer's Agent

John Barnhart

Coldwell Banker HPW

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,613

Year Built

  • 2007

Lot Details

  • 0.46 Acre Lot
  • Landscaped
  • Rectangular Lot

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1.5-Story Property
  • Cathedral Ceiling
  • 1 Fireplace
  • Screened Porch
  • Dryer

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Outdoor Storage

Utilities

  • Cooling Available
  • Heating System Uses Gas
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 8852276709

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,613

Year Built

2007

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.46
  • Lot Size: 20038
  • Directions: I40 To Exit #143, Go South On Alamance Road/Hwy 62, Right Into Heritage Glen (Just Past Em Holt Elementary), Left Onto Cornerstone Drive, House On Left.
  • Unit Levels: One and One Half
  • Year Built: 2007
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Wood
  • Interior Amenities: Cathedral Ceiling(s), Granite Counters, Other

Exterior Features

  • Lot Features: Landscaped, Rectangular Lot
  • Construction Type: Brick
  • Other Structures: Storage
  • Patio And Porch Features: Screened

Garage/Parking

  • Parking Features: Attached, Paved

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Gas, Heat Pump
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association #2 Fee Frequency: Annually
  • Association Fee: 100.0
  • Association Fee Frequency: Annually

Lot Info

  • Parcel #: 8852276709
  • Zoning Description: SFR

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2014
Closed on
Sep 16, 2014
Sold by
Rashed Othman
Bought by
Spencer Michael E
Seller's Agent
Default Firm Record
Keller Williams Central
Buyer's Agent
John Barnhart
Coldwell Banker HPW
List Price
$330,000
Sold Price
$330,000
Current Estimated Value
$566,084

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$236,084
Avg. Annual Appreciation
5.12%
Original Mortgage
$297,000
Interest Rate
4.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2008
Sold by
Wimbish Construction Comp
Bought by
Rashed Othman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 2006
Sold by
Cornerstone Prop Of Alama
Bought by
Wimbish Construction Co Inc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Spencer Michael E $330,000 --
Rashed Othman $330,000 --
Wimbish Construction Co Inc $44,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spencer Katherine M $272,969
Previous Owner Spencer Michael E $297,000
Previous Owner Rashed Othman $196,100
Previous Owner Rashed Othman $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2014 11/03/14 Sold $330,000 0.0% $133 / Sq Ft
10/04/2014 10/04/14 Pending -- -- --
09/02/2014 09/02/14 For Sale $330,000 -- $133 / Sq Ft
Source: Alamance Multiple Listing Service

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 $3,613 $521,182 $42,000 $479,182
2023 $3,403 $521,182 $42,000 $479,182
2022 $3,243 $336,895 $45,000 $291,895
2021 $3,101 $318,813 $45,000 $273,813
2020 $3,133 $318,813 $45,000 $273,813
2019 $3,148 $318,813 $45,000 $273,813
2018 $0 $318,813 $45,000 $273,813
2017 $2,861 $318,813 $45,000 $273,813
2016 $2,948 $332,118 $45,000 $287,118
2015 $2,942 $333,138 $45,000 $288,138
2014 -- $333,138 $45,000 $288,138
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2014

    Default Firm Record

    Keller Williams Central

  • J

    Buyer's Agent in 2014

    John Barnhart

    Coldwell Banker HPW

See All Agents

Map

Source: Alamance Multiple Listing Service

MLS Number: 84658

APN: 111481

North Carolina Alamance County Burlington 27215

4503 Cornerstone Dr, Burlington, NC

This home is located at 4503 Cornerstone Dr, Burlington, NC 27215 since 02 September 2014 and is currently estimated at $566,084, approximately $227 per square foot. This property was built in 2007. 4503 Cornerstone Dr is a home located in Alamance County with nearby schools including Edwin M. Holt Elementary School, Southern Middle School, and Southern High School.

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