$375,000
SOLD DEC 6, 2023

5720 Election Oak Dr High Point, NC 27265

5 Beds
3 Baths
3,000 Sq Ft
0.26 Acres

Recently Sold

$125 Per Sq Ft

10% Below List Price

31 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • 2 Car Attached Garage
  • Wallburg Elementary School Rated A-
  • Attic
  • Outdoor Storage

About This Home

As of December 2023

OPEN HOUSE SUNDAY (10/8/23) 2:00-4:00 p.m. Stop the car! Very nice 5 bedroom home in Laurel Oak Ranch Subdivision. Spacious living room with gas fireplace with a guest bedroom on the lower level. Great eat in kitchen with separate dining room. Large primary bedroom with garden tub and separate shower. Huge rear deck with nice back yard for the kids. Neighborhood swimming pool and tennis courts. Must see!

Last Agent to Sell the Property

Scott Myers

Price REALTORS License #82341 Listed on: 09/05/2023

Last Buyer's Agent

Lacey Bice

Keller Williams Realty License #347162

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,173

Year Built

  • Built in 2005

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 75 x 156
  • Fenced
  • Property is zoned PDR

HOA Fees

  • $31 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2,824 Sq Ft Home
  • 2,500-3,000 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Living Room with Fireplace
  • Storm Doors
  • Attic

Kitchen

  • Free-Standing Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry on upper level
  • Dryer Hookup

Outdoor Features

  • Outdoor Storage

Schools

  • Ledford Middle School
  • Ledford High School

Utilities

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

Community Details

  • Laurel Oak Ranch Subdivision

Listing and Financial Details

  • Tax Lot 415
  • Assessor Parcel Number 01007Q0000415000
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,173

Year Built

Built in 2005

Lot Details

0

HOA Fees

$31 per month

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.26
  • Lot Size: 75 x 156
  • Subdivision Name: Laurel Oak Ranch
  • Directions: North on North Main, left on Hedgecock, left on Old Plank, left on Election Oak.
  • Above Grade Finished Sq Ft: 2824
  • Architectural Style: Traditional
  • Unit Levels: Two
  • Structure Type: House
  • Year Built: 2005
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2500 - 3000
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Microwave, Dishwasher, Slide-In Oven/Range, Gas Water Heater
  • Flooring: Carpet, Vinyl, Wood
  • Interior Amenities: Ceiling Fan(s), Dead Bolt(s)
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Door Features: Storm Door(s)
  • Fireplace Features: Gas Log, Living Room
  • Fireplaces: 1
  • Living Area: 2824
  • Main Level Bathrooms: 1
  • Attic Description: Access Only
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Fencing: Fenced
  • Pool Features: None
  • Construction Type: Brick, Vinyl Siding
  • Foundation Details: Slab
  • Other Structures: Storage
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Laundry Room - 2nd Level, Washer Hookup
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Gas
  • Energy Features: Storm Doors

Condo/Co-op/Association

  • Association Fee: 31
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Elementary School: Wallburg
  • High School: Ledford
  • Middle Or Junior School: Ledford

Lot Info

  • Parcel #: 01007Q0000415000
  • Zoning: PDR
  • TRIADMLS_PricePerAcre: 1442307.6923
  • TRIADMLS_PlatPage: 24
  • TRIADMLS_DeedPage: 1776
  • TRIADMLS_DeedBook: 2324
  • TRIADMLS_PlatBook: 43
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 3173
  • Tax Lot: 415
  • Tax Year: 2023
  • TRIADMLS_TaxRate: 1.14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2023
Closed on
Nov 16, 2023
Sold by
Salinas Pablo and Salinas Henry
Bought by
Mustafa Majid
Seller's Agent
Scott Myers
Price REALTORS
Buyer's Agent
Lacey Bice
Keller Williams Realty
List Price
$415,000
Sold Price
$375,000
Premium/Discount to List
-$40,000
-9.64%
Views
228
Current Estimated Value
$408,640

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,640
Avg. Annual Appreciation
5.82%
Original Mortgage
$352,500
Outstanding Balance
$348,079
Interest Rate
7.79%
Mortgage Type
New Conventional
Estimated Equity
$63,630

Purchase Details

Closed on
May 19, 2018
Sold by
Carlson Kevin R and Carlson Laura B
Bought by
Salinas Pablo and Salinas Henry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,920
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 29, 2007
Sold by
Baydar Meryem
Bought by
Carlson Kevin R and Carlson Laura B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.7%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 2, 2005
Sold by
Shugart Enterprises Llc
Bought by
Baydar Meryem

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,000
Interest Rate
5.66%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Sep 9, 2004
Sold by
Shugart Management Inc
Bought by
Shugart Enterprises Llc
Source: Public Records

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Range of Values:

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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 $375,000 None Listed On Document
Warranty Deed $250,000 None Available
Warranty Deed $235,000 None Available
Warranty Deed $220,000 None Available
Warranty Deed $486,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $352,500 New Conventional
Previous Owner $199,920 New Conventional
Previous Owner $176,000 Unknown
Previous Owner $175,000 Unknown
Previous Owner $44,000 Stand Alone Second
Previous Owner $176,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2023 12/06/23 Sold $375,000 -2.6% $150 / Sq Ft
10/07/2023 10/07/23 Pending -- -- --
09/27/2023 09/27/23 Price Changed $385,000 -3.5% $154 / Sq Ft
09/16/2023 09/16/23 Price Changed $399,000 -3.9% $160 / Sq Ft
09/05/2023 09/05/23 For Sale $415,000 +66.1% $166 / Sq Ft
07/31/2018 07/31/18 Sold $249,900 0.0% $100 / Sq Ft
06/18/2018 06/18/18 Pending -- -- --
06/01/2018 06/01/18 For Sale $249,900 -- $100 / 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
2024 $3,494 $298,750 $0 $0
2023 $3,173 $278,280 $0 $0
2022 $3,173 $278,280 $0 $0
2021 $3,255 $278,280 $0 $0
2020 $2,475 $211,580 $0 $0
2019 $2,513 $211,580 $0 $0
2018 $2,513 $211,580 $0 $0
2017 $2,513 $211,580 $0 $0
2016 $2,513 $211,580 $0 $0
2015 $2,518 $211,580 $0 $0
2014 $2,826 $234,680 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1118264

Triad MLS

APN: 01-007-Q-000-0415-0-0-0