NOT LISTED FOR SALE

501 Edmund Ct Elon, NC 27244

Estimated Value: $463,000 - $510,000

5 Beds
3 Baths
2,800 Sq Ft
$174/Sq Ft Est. Value

Last Sold January 07, 2021

Last sale price $332,000 $119 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $2,822/month

4 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Forced Air Heating and Cooling System
  • Wood Flooring
  • 2 Car Attached Garage
  • Ceiling Fan

About This Home

As of January 2021

OPEN HOUSE Sunday 12/6 2-4 ! Beautiful custom built brick home in desirable & established Elon location. Features 5 BR's, 3 Full Baths and situated on corner .35 acre lot in Western Alamance School District. Updated with new paint & new carpet throughout, new upstairs hvac unit, new outlet covers & switches & new bathroom vanity. Comes with solar panels (25 yr warranty), 2 Nest thermostats, irrigation system, natural gas connection on deck for grill or heater, electric or gas stove connection, gas fireplace in living room, granite counter tops, stainless appliances, 1st floor guest bedroom, hardwoods, rear wood deck & side entry 2 car garage. Convenient to shopping, restaurants, Elon University & interstate.

Last Agent to Sell the Property

Tanya Wilson

eXp Realty License #259090 Listed on: 12/03/2020

eXp Realty

Last Buyer's Agent

NONMEMBER NONMEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,002

Year Built

  • Built in 2006

Lot Details

  • 0.35 Acre Lot
  • Sprinkler System

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,657 Sq Ft Home
  • 2,300-2,800 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Living Room with Fireplace
  • Laundry on upper level

Kitchen

  • Gas Cooktop
  • Free-Standing Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms

Schools

  • Western Middle School
  • Western Alamance High School

Utilities

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

Community Details

  • No Home Owners Association
  • Wagoner Farm Subdivision

Listing and Financial Details

  • Assessor Parcel Number 109597
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,002

Year Built

Built in 2006

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.35
  • Lot Size: 0
  • Subdivision Name: Wagoner Farm
  • Directions: I-85/40 to University Drive Exit (140), Right on Church St, Left on Williamson, Right on Eastgate, Right on Trinity, Right on Brickwalk, Home on Left (corner)
  • Above Grade Finished Sq Ft: 2657
  • Architectural Style: Traditional
  • Unit Levels: Two
  • Structure Type: House
  • Year Built: 2006
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2300 - 2800
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Microwave, Dishwasher, Gas Cooktop, Slide-In Oven/Range
  • Flooring: Carpet, Vinyl, Wood
  • Interior Amenities: Ceiling Fan(s), Soaking Tub, Pantry
  • Has Basement: Crawl Space
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Gas Log, Living Room
  • Fireplaces: 1
  • Living Area: 2657
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Exterior Features: Sprinkler System
  • Lot Features: City Lot
  • Pool Features: None
  • Construction Type: Brick
  • TRIADMLS_PoolYN: No

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Laundry Room - 2nd Level
  • Cooling: Central Air
  • Heating: Forced Air, Electric, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric, Natural Gas
  • Water Heater: Unknown

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Parcel #: 109597
  • Zoning: RES
  • TRIADMLS_PricePerAcre: 968571.4286
  • TRIADMLS_DeedPage: 658
  • TRIADMLS_DeedBook: 3834
  • TRIADMLS_PlatBook: 067-0231
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 3002
  • Tax Year: 2019
  • TRIADMLS_TaxRate: 1.12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2020
Closed on
Jan 7, 2021
Sold by
Ray Christopher C
Bought by
Leasure Patrick and Leasure Alexis
Seller's Agent
Tanya Wilson
eXp Realty
Buyer's Agent
NONMEMBER NONMEMBER
List Price
$339,000
Sold Price
$332,000
Premium/Discount to List
-$7,000
-2.06%
Current Estimated Value
$486,413

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,413
Avg. Annual Appreciation
8.58%
Original Mortgage
$282,200
Outstanding Balance
$252,397
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$234,016

Purchase Details

Closed on
Dec 7, 2018
Sold by
Ray Jennifer A
Bought by
Ray Christopher C

Purchase Details

Listed on
Jul 16, 2014
Closed on
Oct 29, 2014
Sold by
Hughes William T
Bought by
Ray Christopher C
Seller's Agent
Jane Erwin
Allen Tate/Burlington
Buyer's Agent
Tanya Wilson
eXp Realty, LLC - C
List Price
$273,000
Sold Price
$258,000
Premium/Discount to List
-$15,000
-5.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.05%
Original Mortgage
$258,000
Interest Rate
4.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 25, 2008
Sold by
Laukaitis David
Bought by
Hughes William T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Interest Rate
6.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 2, 2006
Sold by
Virtue Homes Inc
Bought by
Laukaitis Mary-Lou H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.31%
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
Leasure Patrick $332,000 None Available
Ray Christopher C -- None Available
Ray Christopher C $258,000 --
Hughes William T $265,000 --
Laukaitis Mary-Lou H $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leasure Patrick $40,000
Open Leasure Patrick $282,200
Previous Owner Ray Christopher $254,750
Previous Owner Ray Christopher C $258,000
Previous Owner Hughes William T $247,500
Previous Owner Laukaitis Mary-Lou H $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/07/2021 01/07/21 Sold $332,000 -2.1% $144 / Sq Ft
12/08/2020 12/08/20 Pending -- -- --
12/03/2020 12/03/20 For Sale $339,000 +31.4% $147 / Sq Ft
11/13/2014 11/13/14 Sold $258,000 -5.5% $116 / Sq Ft
10/14/2014 10/14/14 Pending -- -- --
07/16/2014 07/16/14 For Sale $273,000 -- $123 / 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 $2,067 $418,348 $55,000 $363,348
2024 $1,962 $418,348 $55,000 $363,348
2023 $3,255 $418,348 $55,000 $363,348
2022 $2,940 $268,616 $45,000 $223,616
2021 $2,967 $268,616 $45,000 $223,616
2020 $2,993 $268,616 $45,000 $223,616
2019 $3,002 $268,616 $45,000 $223,616
2018 $0 $268,616 $45,000 $223,616
2017 $2,767 $268,616 $45,000 $223,616
2016 $2,706 $270,550 $55,000 $215,550
2015 $1,561 $270,550 $55,000 $215,550
2014 $1,427 $270,550 $55,000 $215,550
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1005546

Triad MLS

APN: 109597