$377,500
SOLD JAN 7, 2025

531 Cook Rd Elon, NC 27244

4 Beds
3.5 Baths
2,828 Sq Ft
0.5 Acres

Recently Sold

$133 Per Sq Ft

3% Below List Price

108 Days on Market

Highlights

  • Built-In Refrigerator
  • Main Floor Primary Bedroom
  • No HOA
  • Colonial Architecture
  • Corner Lot
  • Porch

About This Home

As of January 2025

Discover this 4-bedroom, 3.5-bathroom Colonial two-story home in Elon. It boasts a well-manicured yard on a spacious corner lot opposite Beth Schmidt Park and a dog park. A large Trex deck provides a view of the fenced backyard. Inside, find formal living and dining rooms, a stone fireplace with gas logs, a casual dining area in the kitchen, and a flexible space with a bay window suitable for an exercise room, office, or playroom. There are two expansive primary bedrooms with en-suite bathrooms on both levels, plus two additional bedrooms and a bathroom on the upper level. The 2nd level also offers walk-in attic access. Rooms have been freshly painted and some feature new floor coverings. An attached storage room with a garage door is available for outdoor equipment and tools. Located in the Western Alamance and new Elon Elementary school zones, it's approx. 5mi from Elon Univ campus, with easy access to shopping, dining, hotels, and I-85 N or S to Greensboro or Research Triangle Park.

Last Agent to Sell the Property

Margaret McCann

Keller Williams Central License #60331 Listed on: 08/06/2024

Keller Williams Central

Last Buyer's Agent

Cathy Cagno

Local to Coastal Realty, Inc License #174676

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,049

Year Built

  • Built in 1978

Lot Details

  • 0.5 Acre Lot
  • Fenced
  • Corner Lot
  • Property is zoned RS20

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Colonial Architecture

Interior Spaces

  • 2,828 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Living Room with Fireplace
  • Carpet
  • Dryer Hookup

Kitchen

  • Free-Standing Range
  • Built-In Refrigerator
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Outdoor Features

  • Porch

Schools

  • Western Middle School
  • Western Alamance High School

Utilities

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

Community Details

  • No Home Owners Association
  • Westbrook Forest Subdivision

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number 108671
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,049

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.5
  • Subdivision Name: Westbrook Forest
  • Directions: Take S. Church St. towards Elon. Right on University Dr. Make U-turn at Elon Park Dr. Right on Candlewood. Home on the corner of Cook Rd. & Candlewood Dr.
  • Above Grade Finished Sq Ft: 2828
  • Architectural Style: Colonial
  • Unit Levels: Two
  • Structure Type: House
  • Year Built: 1978
  • TRIADMLS_PrimaryOnMainYN: Yes
  • Idx Status: Sold
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • TRIADMLS_LandDescription: Corner, Fence(s)
  • Special Features: None

Interior Features

  • Appliances: Built-In Refrigerator, Dishwasher, Remarks, Slide-In Oven/Range, Gas Water Heater
  • Flooring: Carpet
  • Interior Amenities: Built-in Features, Ceiling Fan(s)
  • Has Basement: Crawl Space
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Living Room
  • Fireplaces: 1
  • Living Area: 2828
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Fencing: Fenced, Privacy
  • Lot Features: City Lot, Corner Lot
  • Pool Features: None
  • Construction Type: See Remarks
  • TRIADMLS_PoolYN: No

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Gas

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Parcel #: 108671
  • Zoning: RS20
  • TRIADMLS_PlatPage: 0050
  • TRIADMLS_PlatBook: 0018

Tax Info

  • Tax Annual Amount: 3049
  • Tax Lot: 18
  • Tax Year: 2024
  • TRIADMLS_TaxRate: 0.959

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2024
Closed on
Dec 23, 2024
Sold by
Slade-Patrick Marvarene and Slade-Jennings Marvarene
Bought by
Clapp Matthew and Clapp Janna
Seller's Agent
Margaret McCann
Keller Williams Central
Buyer's Agent
Cathy Cagno
Local to Coastal Realty, Inc
List Price
$388,000
Sold Price
$377,500
Premium/Discount to List
-$10,500
-2.71%
Views
198
Current Estimated Value
$399,093

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,593
Avg. Annual Appreciation
5.97%
Original Mortgage
$364,900
Outstanding Balance
$362,058
Interest Rate
6.84%
Mortgage Type
FHA
Estimated Equity
$37,035
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 Type Sale Price Title Company
Warranty Deed $377,500 None Listed On Document
Warranty Deed $377,500 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $364,900 FHA
Closed $364,900 FHA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/07/2025 01/07/25 Sold $377,500 -2.7% $133 / Sq Ft
11/22/2024 11/22/24 Pending -- -- --
08/06/2024 08/06/24 For Sale $388,000 -- $137 / 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 $3,272 $319,546 $50,000 $269,546
2024 $3,064 $319,546 $50,000 $269,546
2023 $2,946 $319,546 $50,000 $269,546
2022 $2,687 $228,846 $45,000 $183,846
2021 $2,710 $228,846 $45,000 $183,846
2020 $2,732 $228,846 $45,000 $183,846
2019 $2,746 $228,846 $45,000 $183,846
2018 $0 $228,846 $45,000 $183,846
2017 $2,087 $187,973 $45,000 $142,973
2016 $2,299 $210,896 $45,000 $165,896
2015 $1,217 $210,896 $45,000 $165,896
2014 -- $210,896 $45,000 $165,896
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1151637

Triad MLS

APN: 108671