L
Seller's Agent in 2021
Lauren Morehead
Allen Tate - Burlington
501 Timbergate Dr Gibsonville, NC 27249
Estimated Value: $318,412 - $380,000
3
Beds
2
Baths
2,000
Sq Ft
$173/Sq Ft
Est. Value
Highlights
- Corner Lot
- Porch
- Forced Air Heating and Cooling System
- No HOA
- 2 Car Attached Garage
- Ceiling Fan
About This Home
As of October 2021This beautiful home features vaulted ceilings, a wood burning fireplace, soaking tub, double sinks, tiled kitchen backsplash and new flooring throughout the home. The second bedroom has a converted closet/ office space great for working remote! The large backyard is secured by a new fence with a double and single entrance. HVAC is less than five years old.
Last Agent to Sell the Property
Lauren Morehead
Allen Tate - Burlington License #326079 Listed on: 09/02/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,072
Year Built
- Built in 2003
Lot Details
- 0.35 Acre Lot
- Fenced
- Corner Lot
Parking
- 2 Car Attached Garage
- Driveway
Home Design
- Brick Exterior Construction
- Aluminum Siding
- Vinyl Siding
Interior Spaces
- 1,824 Sq Ft Home
- 1,600-2,000 Sq Ft Home
- Property has 1 Level
- Ceiling Fan
- Living Room with Fireplace
- Pull Down Stairs to Attic
- Dryer Hookup
Kitchen
- Free-Standing Range
- Dishwasher
- Disposal
Flooring
- Carpet
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Outdoor Features
- Porch
Utilities
- Forced Air Heating and Cooling System
- Heat Pump System
- Electric Water Heater
Community Details
- No Home Owners Association
- Timbergate Estates Subdivision
Listing and Financial Details
- Assessor Parcel Number 0105006
- 2% Total Tax Rate
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 2, 2021
Closed on
Oct 1, 2021
Sold by
Morrison Tony L
Bought by
Ih6 Property North Carolina Lp
Seller's Agent
Lauren Morehead
Allen Tate - Burlington
Buyer's Agent
Kriston Ashley
360 Realty
List Price
$249,950
Sold Price
$265,000
Premium/Discount to List
$15,050
6.02%
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
$80,353
Avg. Annual Appreciation
7.05%
Purchase Details
Closed on
Sep 5, 2019
Sold by
Morrison Kristen M
Bought by
Morrison Tony L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.49%
Purchase Details
Closed on
Aug 28, 2009
Sold by
Emery Richard C and Emery Julia M
Bought by
Morrison Tony L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,700
Interest Rate
5.11%
Mortgage Type
VA
Purchase Details
Closed on
Feb 27, 2004
Sold by
Pierce Homes Of Carolina Inc
Bought by
Emery Richard C and Best Julia M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ih6 Property North Carolina Lp | $265,000 | Investors Title Insurance Co | |
| Ih6 Property North Carolina Lp | $265,000 | Investors Title | |
| Ih6 Property North Carolina Lp | $265,000 | Investors Title Insurance Co | |
| Ih6 Property North Carolina Lp | $265,000 | Investors Title | |
| Morrison Tony L | -- | -- | |
| Morrison Tony L | -- | -- | |
| Morrison Tony L | $173,000 | None Available | |
| Morrison Tony L | $173,000 | None Available | |
| Emery Richard C | $136,500 | -- | |
| Emery Richard C | $136,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Morrison Tony L | -- | |
| Previous Owner | Morrison Tony L | $169,050 | |
| Previous Owner | Morrison Tony L | $176,700 | |
| Previous Owner | Emery Richard C | $156,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/06/2021 10/06/21 | Sold | $265,000 | +6.0% | $166 / Sq Ft |
| 09/03/2021 09/03/21 | Pending | -- | -- | -- |
| 09/02/2021 09/02/21 | For Sale | $249,950 | -- | $156 / Sq Ft |
Source: Triad 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 | $2,257 | $184,900 | $45,000 | $139,900 |
| 2023 | $2,257 | $184,900 | $45,000 | $139,900 |
| 2022 | $2,331 | $184,900 | $45,000 | $139,900 |
| 2021 | $2,116 | $167,900 | $35,000 | $132,900 |
| 2020 | $2,116 | $167,900 | $35,000 | $132,900 |
| 2019 | $2,116 | $167,900 | $0 | $0 |
| 2018 | $1,220 | $167,900 | $0 | $0 |
| 2017 | $1,220 | $167,900 | $0 | $0 |
| 2016 | $1,260 | $166,900 | $0 | $0 |
| 2015 | $1,268 | $166,900 | $0 | $0 |
| 2014 | $1,285 | $166,900 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
Kriston Ashley
K
Buyer's Agent in 2021
Kriston Ashley
360 Realty
(336) 988-5651
6 in this area
293 Total Sales
Map
Source: Triad MLS
MLS Number: 1040954
APN: 0105006
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