NOT LISTED FOR SALE

480 Underwood Rd Elon, NC 27244

Estimated Value: $482,108 - $622,000

4 Beds
4 Baths
3,300 Sq Ft
$171/Sq Ft Est. Value

Last Sold March 15, 2017

Last sale price $283,000 $86 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $3,175/month

175 Days on Market

Highlights

  • Horses Allowed On Property
  • Attic
  • Double Oven
  • Wood Flooring
  • No HOA
  • 2 Car Detached Garage

About This Home

As of March 2017

REDUCED! Beautiful 4 bed/4 bath home on 2.43 acres! Rocking chair front porch. Vaulted ceiling with skylights fills great room with natural light. Kitchen has double ovens, cooktop, island with breakfast bar, breakfast area. Den has vaulted ceiling. Sunroom opens onto the deck. Main level master bedroom with sitting room, walk in closet. Master bath has jetted tub, separate shower. Two upper level bedrooms have own baths, double closets. Deck. Garage with heated/cooled bonus room. Storage Buildings

Last Agent to Sell the Property

William Johnston

GreatNest License #282032 Listed on: 08/15/2016

Last Buyer's Agent

Tom English

Berkshire Hathaway HomeServices Yost & Little Realty License #270207

Berkshire Hathaway HomeServices Yost & Little Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,864

Year Built

  • Built in 1998

Lot Details

  • 2.43 Acre Lot
  • Level Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 3,057 Sq Ft Home
  • 2,700-3,300 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Insulated Windows
  • Great Room with Fireplace
  • Storm Doors
  • Dryer Hookup
  • Attic

Kitchen

  • Double Oven
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Separate Shower

Outdoor Features

  • Outdoor Storage
  • Porch

Schools

  • Dillard Middle School
  • Bartlett Yancey High School

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Wood
  • Heating System Uses Propane
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0014000002760000
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,864

Year Built

Built in 1998

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 2.43
  • Subdivision Name: None
  • Directions: From Greensboro, North on 29, turn right onto Hwy 150, follow 150 to right on 150/87, slight left onto Cherry Grove Road, take 3rd right onto Browns Chapel Road. Turn left onto Underwood Road.
  • Above Grade Finished Sq Ft: 3057
  • Unit Levels: One and One Half
  • Structure Type: House
  • Year Built: 1998
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2700 - 3300
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Oven, Cooktop, Double Oven, Range, Electric Water Heater
  • Flooring: Carpet, Vinyl, Wood
  • Interior Amenities: Great Room, Ceiling Fan(s), Dead Bolt(s), Kitchen Island, Separate Shower, Vaulted Ceiling(s)
  • Has Basement: Crawl Space
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Door Features: Storm Door(s)
  • Fireplace Features: Blower Fan, Gas Log, Great Room
  • Fireplaces: 1
  • Living Area: 3057
  • Main Level Bathrooms: 2
  • Attic Description: Access Only, Eave Storage, Partially Floored
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Exterior Features: Garden
  • Fencing: None
  • Lot Features: Horses Allowed, Level
  • Construction Type: Vinyl Siding
  • Other Structures: Storage

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage Door Opener, Detached
  • Garage Description: Detached Garage

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Security: Security Lights, Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Forced Air, Wood, Propane
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Propane Gas, Wood Fuel
  • Water Heater: Electric
  • Energy Features: Insulated Windows, Storm Doors

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Stoney Creek
  • High School: Bartlett Yancey
  • Middle Or Junior School: Dillard

Lot Info

  • Parcel #: 0014000002760000
  • Zoning: None
  • TRIADMLS_PlatPage: 921
  • TRIADMLS_PlatBook: 16
  • TRIADMLS_AcresRange: 2 - 3

Tax Info

  • Tax Annual Amount: 1864
  • Tax Year: 2015
  • TRIADMLS_TaxRate: 0.679

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2016
Closed on
Mar 15, 2017
Sold by
Brown Eric S and Brown Betty Wilson
Bought by
Hayes Joey A and Hayes Kelly R
Seller's Agent
William Johnston
GreatNest
Buyer's Agent
Tom English
Berkshire Hathaway HomeServices Yost & Little Realty
List Price
$299,500
Sold Price
$283,000
Premium/Discount to List
-$16,500
-5.51%
Current Estimated Value
$563,777

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$280,777
Avg. Annual Appreciation
8.25%
Original Mortgage
$281,700
Outstanding Balance
$234,337
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$329,440
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
Hayes Joey A $283,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hayes Joey A $281,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2017 03/15/17 Sold $283,000 -5.5% $105 / Sq Ft
02/07/2017 02/07/17 Pending -- -- --
08/15/2016 08/15/16 For Sale $299,500 -- $111 / 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 $2,442 $369,938 $28,548 $341,390
2024 $2,442 $369,938 $28,548 $341,390
2023 $2,146 $277,957 $21,396 $256,561
2022 $2,146 $277,957 $21,396 $256,561
2021 $2,146 $277,957 $21,396 $256,561
2020 $2,146 $277,957 $21,396 $256,561
2019 $2,146 $277,957 $21,396 $256,561
2018 $2,073 $0 $0 $0
2017 $2,104 $0 $0 $0
2016 $1,875 $0 $0 $0
2015 $1,864 $0 $0 $0
2014 $1,864 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 804529

Triad MLS

APN: 0014.00.00.0276.0000