NOT LISTED FOR SALE

531 W Main St Unit STW Elkin, NC 28621

Estimated Value: $935,335 - $1,184,000

6 Beds
6.5 Baths
5,284 Sq Ft
$204/Sq Ft Est. Value

Last Sold March 19, 2019

Last sale price $700,000 $132 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $6,356/month

338 Days on Market

Highlights

  • In Ground Pool
  • Waterfront
  • Mountain View
  • Elkin Middle School Rated A
  • 6.37 Acre Lot
  • Deck

About This Home

As of March 2019

Timeless gem on W Main St in Elkin, North Carolina, this unique estate home features over six acres of land. The home was originally constructed in 1910, but has been lovingly restored and updated; the floor plan has the perfect blend of formal and informal spaces making it great for entertaining. Especially unique to this home is a first-floor and third-floor master suite and expansive decks with long-range views of the Brushy Mountains. Please inquire about many recent updates.

Last Agent to Sell the Property

Jason Gentry

Premier Sotheby's International Realty Brokerage Email: jason.gentry@sothebysrealty.com License #268302 Listed on: 02/24/2018

Premier Sotheby's International Realty

Last Buyer's Agent

Non Member

Canopy Administration

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,759

Year Built

  • Built in 1910

Lot Details

  • 6.37 Acre Lot
  • Waterfront
  • Property is zoned R12

Parking

  • 2 Car Detached Garage
  • Basement Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Four Sided Brick Exterior Elevation
  • Stucco

Interior Spaces

  • 3-Story Property
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Fireplace
  • Mountain Views
  • Basement Fills Entire Space Under The House

Kitchen

  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Deck
  • Wrap Around Porch

Utilities

  • Zoned Heating and Cooling
  • Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4951-17-11-1934

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,759

Year Built

Built in 1910

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 1910
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Second Living Quarters: Room w/ Private Bath,Separate Entrance,Upper Level Garage
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Three
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 113.69
  • Attribution Contact: jason.gentry@sothebysrealty.com
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Attic Walk In, Built-in Features, Cable Prewire, Kitchen Island, Pantry, Vaulted Ceiling(s), Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2245
  • Third Level Sq Ft: 1072
  • Sq Ft Unheated Basement: 744
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 1851
  • Sq Ft Unheated Third: 460
  • Sq Ft Unheated Total: 4267
  • Sq Ft Unheated Upper: 1212
  • Sq Ft Upper: 1967
  • Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Refrigerator, Washer
  • Above Grade Finished Sq Ft: 5284
  • Has Basement: Basement
  • Basement YN: Yes
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace Features: Gas Log, Other - See Remarks
  • Living Area: 5284
  • Window Features: Skylight(s)
  • Bedroom Main: 1
  • Room Count: 20
  • Sq Ft Other: 228
  • Bedroom Basement: 0
  • Bedroom Third: 1

Exterior Features

  • Exterior Features: In Ground Pool
  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • View: Mountain(s)
  • Water Body Name: Yadkin River
  • Waterfront Features: None
  • Construction Type: Brick Full, Hard Stucco
  • Patio And Porch Features: Covered, Deck, Front Porch, Porch, Rear Porch, Side Porch, Wrap Around

Garage/Parking

  • Main Level Garage YN: 1
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Detached Garage

Utilities

  • Heating: Central, Zoned
  • Sewer: Public Sewer
  • Laundry Features: Upper Level
  • Cooling: Ceiling Fan(s), Zoned
  • Water Source: City

Condo/Co-op/Association

  • Community Features: None
  • Hoa Subject To Dues: No
  • Association: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Features: Waterfront
  • Lot Size Area: 6.37
  • Lot Size Units: Acres
  • Parcel Number: 4951-17-11-1934
  • Plat Reference Section Pages: 76
  • Development Status: Completed
  • Lot Size Acres: 6.37
  • Lot Size: Irregular
  • Lot Size Sq Ft: 277477
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R12

Green Features

  • Green Verification Count: 1

Rental Info

  • Hold Date: 2018-06-01

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2018
Closed on
Mar 19, 2019
Sold by
Whitman Courtenay S and Whitman Diane M
Bought by
Rumple Donald W and Durham-Rumple Julina
Seller's Agent
Jason Gentry
Premier Sotheby's International Realty
Buyer's Agent
Non Member
Canopy Administration
List Price
$849,900
Sold Price
$700,000
Premium/Discount to List
-$149,900
-17.64%
Current Estimated Value
$1,078,994

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$378,994
Avg. Annual Appreciation
6.25%
Original Mortgage
$100,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 1991

Purchase Details

Closed on
Aug 1, 1989

Purchase Details

Closed on
Apr 1, 1956
Source: Public Records

Range of Values:

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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
Rumple Donald W $700,000 --
-- $100,000 --
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Rumple Donald W $100,000
Open Rumple Donald W $300,000
Previous Owner Whitman C S $50,000
Previous Owner Whitman Courtenay Salisbury $598,912
Previous Owner Disk Enterprises Llc $1,200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2019 03/19/19 Sold $700,000 0.0% $132 / Sq Ft
01/28/2019 01/28/19 Pending -- -- --
01/15/2019 01/15/19 Price Changed $700,000 -17.6% $132 / Sq Ft
06/13/2018 06/13/18 For Sale $849,900 +21.4% $161 / Sq Ft
06/01/2018 06/01/18 Off Market $700,000 -- --
02/24/2018 02/24/18 For Sale $849,900 -- $161 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $4,759 $687,150 $53,940 $633,210
2023 $4,614 $687,150 $53,940 $633,210
2022 $4,683 $687,150 $53,940 $633,210
2021 $4,759 $687,150 $53,940 $633,210
2020 $4,815 $661,720 $53,940 $607,780
2019 $4,809 $661,720 $0 $0
2018 $4,732 $661,720 $0 $0
2017 $4,665 $642,480 $0 $0
2016 $4,601 $642,480 $0 $0
2013 -- $661,590 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3361642

Canopy MLS (Canopy Realtor® Association)

APN: 4951-17-11-1934