493 Wellaway Ln Siler City, NC 27344
3
Beds
2
Baths
1,542
Sq Ft
4
Acres
Highlights
- Vaulted Ceiling
- Covered Patio or Porch
- Woodwork
- Wood Flooring
- Log Cabin
- Breakfast Bar
About This Home
As of November 2024Charming log cabin in the sought-after Silk Hope area, awaiting its new owners! Nestled in the Rivers Edge community near Rocky River, this home sits on nearly 4 acres. Unwind on the spacious covered front porch and enjoy the beautiful surroundings. The main level offers 2 bedrooms, a full bath, and laundry closet. Upstairs, a loft/optional 3rd bedroom with its own full bath. Gorgeous wood accents, large windows, and vaulted ceilings in the living room open to the dining area/kitchen. Freshly painted areas inside- Sept 2024. Updated bathroom vanity with marble counter. New well pump in 2021. Large storage shed, swing set and jungle gym included. Don't miss this great opportunity!
Last Agent to Sell the Property
Absolute Realty Company, LLC License #281896 Listed on: 09/19/2024
Last Buyer's Agent
John Doss
BERKSHIRE HATHAWAY HOMESERVICE License #342080
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,530
Year Built
- Built in 2005
Lot Details
- 4 Acre Lot
- Property fronts a private road
- Gentle Sloping Lot
- Landscaped with Trees
HOA Fees
- $33 Monthly HOA Fees
Home Design
- Log Cabin
- Block Foundation
- Shingle Roof
- Log Siding
Interior Spaces
- 1,542 Sq Ft Home
- 1-Story Property
- Woodwork
- Vaulted Ceiling
- Ceiling Fan
- Living Room
- Dining Room
- Basement
- Crawl Space
- Laundry on main level
Kitchen
- Breakfast Bar
- Electric Range
- Dishwasher
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
- Bathtub with Shower
- Walk-in Shower
Parking
- 6 Parking Spaces
- Gravel Driveway
- 6 Open Parking Spaces
Outdoor Features
- Covered Patio or Porch
Schools
- Silk Hope Elementary And Middle School
- Jordan Matthews High School
Utilities
- Forced Air Heating and Cooling System
- Heat Pump System
- Well
- Electric Water Heater
- Septic Tank
Community Details
- Association fees include road maintenance
- Wellaway HOA Road Maintenance Association, Phone Number (919) 663-1932
- Built by Southland
- Rivers Edge Subdivision
Listing and Financial Details
- Assessor Parcel Number 8772-00-49-3431
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 19, 2024
Closed on
Nov 18, 2024
Sold by
Howard Brian D and Howard Sarah R
Bought by
Neog Debananda and Phukan Nilakshi
Seller's Agent
Tanya Papandrea
Absolute Realty Company, LLC
Buyer's Agent
John Doss
BERKSHIRE HATHAWAY HOMESERVICE
List Price
$375,000
Sold Price
$365,000
Premium/Discount to List
-$10,000
-2.67%
Views
60
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,811
Avg. Annual Appreciation
-0.99%
Original Mortgage
$273,750
Outstanding Balance
$271,662
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$90,527
Purchase Details
Closed on
Apr 17, 2015
Sold by
Jakeway Gary Albert
Bought by
Howard Brian D and Howard Sarah R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.79%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 18, 2007
Sold by
Meabon Joseph Nicholas and Meabon Joseph Charles
Bought by
Zeafla Allison
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,500
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
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Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $365,000 | None Listed On Document | |
| Warranty Deed | $215,000 | Attorney | |
| Warranty Deed | $186,500 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $273,750 | New Conventional | |
| Previous Owner | $675,000 | Construction | |
| Previous Owner | $150,000 | New Conventional | |
| Previous Owner | $182,810 | FHA | |
| Previous Owner | $186,500 | Purchase Money Mortgage | |
| Previous Owner | $162,000 | Fannie Mae Freddie Mac |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/21/2024 11/21/24 | Sold | $365,000 | -2.7% | $237 / Sq Ft |
| 10/17/2024 10/17/24 | Pending | -- | -- | -- |
| 09/19/2024 09/19/24 | For Sale | $375,000 | -- | $243 / Sq Ft |
Source: Doorify MLS
Tax History Compared to Growth
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 | $1,530 | $164,832 | $38,250 | $126,582 |
| 2023 | $1,530 | $164,832 | $38,250 | $126,582 |
| 2022 | $1,419 | $164,832 | $38,250 | $126,582 |
| 2021 | $1,419 | $164,832 | $38,250 | $126,582 |
| 2020 | $1,357 | $155,961 | $48,600 | $107,361 |
| 2019 | $1,357 | $155,961 | $48,600 | $107,361 |
| 2018 | $1,245 | $155,961 | $48,600 | $107,361 |
| 2017 | $1,245 | $155,961 | $48,600 | $107,361 |
| 2016 | $1,537 | $0 | $0 | $0 |
| 2015 | $1,514 | $197,675 | $54,000 | $143,675 |
| 2014 | -- | $197,675 | $54,000 | $143,675 |
| 2013 | -- | $197,675 | $54,000 | $143,675 |
Source: Public Records
Agents Affiliated with this Home
-
Tanya Papandrea
Seller's Agent in 2024
Tanya Papandrea
Absolute Realty Company, LLC
(908) 377-2554
95 Total Sales
-
J
Buyer's Agent in 2024
John Doss
BERKSHIRE HATHAWAY HOMESERVICE
Map
Source: Doorify MLS
MLS Number: 10053681
APN: 0082030
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