NOT LISTED FOR SALE

531 Bouldin Rd Elon, NC 27244

Estimated Value: $323,000 - $607,000

3 Beds
2 Baths
1,717 Sq Ft
$299/Sq Ft Est. Value

Last Sold April 20, 2023

Last sale price $550,000 $320 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $2,986/month

199 Days on Market

Highlights

  • Barn
  • 1 Fireplace
  • Separate Outdoor Workshop
  • 30.2 Acre Lot
  • Fenced Yard
  • Porch

About This Home

As of April 2023

FARM - Private drive to this 30.2 (+-) ACRE "HORSE FARM" with manicured fenced pastures, tons of fencing, a 4-stall horse barn and lots of wildlife for the hunter in the family. Also FEATURES a small hobby house (28 X 24) for extra storage or use as playhouse, a 59.69 x 40 Equipment Shed that offers lots of storage area, 3 stall detached Carport and a large open two bay area to park your camper and larger equipment. You will love the VERY well kept, Brick RANCH home featuring 3 total Bedrooms and 2 Bathrooms, spacious open living/dining area with wood burning fireplace insert and lots of kitchen cabinets. ALL the appliances, including washer and dryer, remain with the sale. Enjoy the rocking chair front porch year round. 12/2022 NEW 1000 gallon septic system installed. NOTE - the area of the new septic system will be repaired and grass seeded, when weather permits, but no later than time of closing.

Last Agent to Sell the Property

Margaret McCann

Keller Williams Central License #60331 Listed on: 08/22/2022

Keller Williams Central

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $2,147

Year Built

  • 1971

Lot Details

  • 30.2 Acre Lot
  • Fenced Yard
  • Fenced
  • Landscaped
  • Irregular Lot
  • Garden
  • Zoning described as AGR-NEC

Parking

  • Garage

Home Design

  • Farm
  • Brick Exterior Construction

Interior Spaces

  • 1-Story Property
  • Built-In Features
  • 1 Fireplace
  • Dryer

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio
  • Separate Outdoor Workshop
  • Porch

Farming

  • Barn

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 0030.01.00.0015.0000

Property Details

Property Type

Other

Est. Annual Taxes

$2,147

Year Built

1971

Lot Details

0

Listing Details

  • Property Sub Type: Farm
  • Prop. Type: Residential
  • Lot Size Acres: 30.2
  • Directions: NC 87 north. Right onto Kerrs Chapel Rd. Kerrs Chapel turns into Bouldin Rd. House will be on the Left.
  • Architectural Style: Ranch
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1971
  • Property Sub Type Additional: Farm
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Microwave, Range, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Laminate
  • Interior Amenities: Built-in Features, Other, Pantry

Exterior Features

  • Fencing: Fenced
  • Lot Features: Irregular Lot, Landscaped
  • Construction Type: Brick
  • Exterior Features: Fence, Garden
  • Other Structures: Barn(s), Workshop
  • Patio And Porch Features: Patio, Porch

Garage/Parking

  • Parking Features: Garage, Other, See Remarks

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Heat Pump, Propane
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Size Sq Ft: 1315512.0
  • Parcel #: 0030.01.00.0015.0000
  • Zoning Description: AGR-NEC

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2022
Closed on
Apr 11, 2023
Sold by
Ray Matthews Jr Samuel and Simpson Anisa
Bought by
Gehrs Cambria
Seller's Agent
Margaret McCann
Keller Williams Central
List Price
$700,000
Sold Price
$550,000
Premium/Discount to List
-$150,000
-21.43%
Views
108
Current Estimated Value
$512,724

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$37,276
Avg. Annual Appreciation
-2.98%
Original Mortgage
$300,000
Outstanding Balance
$290,921
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$221,803
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
Gehrs Cambria $550,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gehrs Cambria $300,000
Previous Owner Matthews Ray $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2023 04/20/23 Sold $550,000 -21.4% $320 / Sq Ft
03/09/2023 03/09/23 Pending -- -- --
08/22/2022 08/22/22 For Sale $700,000 -- $408 / 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 $2,147 $327,251 $155,655 $171,596
2023 $2,028 $247,452 $100,680 $146,772
2022 $2,028 $247,452 $100,680 $146,772
2021 $2,045 $247,452 $100,680 $146,772
2020 $1,992 $247,452 $100,680 $146,772
2019 $1,991 $247,452 $100,680 $146,772
2018 $1,911 $0 $0 $0
2017 $1,911 $0 $0 $0
2016 $1,763 $0 $0 $0
2015 $1,521 $0 $0 $0
2014 $1,521 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alamance Multiple Listing Service

MLS Number: 124423

APN: 0030.01.00.0015.0000