NOT LISTED FOR SALE

5723 Election Oak Dr High Point, NC 27265

Estimated Value: $367,005 - $419,000

5 Beds
3 Baths
3,000 Sq Ft
$132/Sq Ft Est. Value

Last Sold August 02, 2016

Last sale price $224,000 $75 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $2,354/month

38 Days on Market

Highlights

  • Wood Flooring
  • Community Pool
  • Soaking Tub
  • Wallburg Elementary School Rated A-
  • 2 Car Attached Garage
  • Kitchen Island

About This Home

As of August 2016

Gorgeous 5 Bed/3 Bath home in Davidson County's desirable Laurel Oak Ranch! Open concept living area features hardwood floors and gas logs. Updated kitchen boasts tile backsplash, refinished countertops, and stainless steel appliances. Massive master suite includes trey ceiling, double sink vanity, walk-in closet, and garden tub. Huge patio area in the backyard is ready for the summer bbq. Neighborhood pool and tennis courts included in HOA fee!!

Last Buyer's Agent

Tod Carron

Carron Realty License #229557

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,507

Year Built

  • Built in 2005

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 75 x 151 x 75 x 151
  • Property is zoned PDR

HOA Fees

  • $28 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2,805 Sq Ft Home
  • 2,500-3,000 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Fire and Smoke Detector

Kitchen

  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry on upper level
  • Washer and Dryer Hookup

Schools

  • Ledford Middle School
  • Ledford High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 01007Q0000145000
  • 1% Total Tax Rate

Community Details

Overview

  • Laurel Oak Ranch Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,507

Year Built

Built in 2005

Lot Details

0

HOA Fees

$28 per month

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.26
  • Lot Size: 75 x 151 x 75 x 151
  • Subdivision Name: Laurel Oak Ranch
  • Directions: Take N Main St to Hedgecock. Turn left onto Old Plank, and left on Election Oak.
  • Above Grade Finished Sq Ft: 2805
  • Unit Levels: Two
  • Structure Type: House
  • Year Built: 2005
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2500 - 3000
  • TRIADMLS_PorchYN: No
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Microwave, Dishwasher, Slide-In Oven/Range, Gas Water Heater
  • Flooring: Carpet, Wood
  • Interior Amenities: Ceiling Fan(s), Dead Bolt(s), Soaking Tub, Kitchen Island, Pantry, Separate Shower
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Gas Log, Living Room
  • Fireplaces: 1
  • Living Area: 2805
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Fencing: None
  • Pool Features: Community
  • Construction Type: Brick, Vinyl Siding
  • Foundation Details: Slab

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage Door Opener, Attached
  • Garage Description: Attached Garage

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Laundry Room - 2nd Level, Washer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee: 28
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 01007Q0000145000
  • Zoning: PDR
  • TRIADMLS_PlatBook: 42-56
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 2507
  • Tax Year: 2015
  • TRIADMLS_TaxRate: 1.19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2016
Closed on
Jul 26, 2016
Sold by
Burrow Darrell M and Burrow Cynthia L
Bought by
Feng Ling Ling and Zhou Mu Zeng
Buyer's Agent
Tod Carron
Carron Realty
List Price
$227,900
Sold Price
$224,000
Premium/Discount to List
-$3,900
-1.71%
Current Estimated Value
$397,001

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,001
Avg. Annual Appreciation
6.23%
Original Mortgage
$179,200
Outstanding Balance
$143,257
Interest Rate
3.54%
Mortgage Type
New Conventional
Estimated Equity
$253,744

Purchase Details

Closed on
May 29, 2008
Sold by
Deutsche Bank National Trust Co
Bought by
Burrow Darrell M and Burrow Cynthia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,400
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 5, 2008
Sold by
Alvarez Alejandra
Bought by
Deutsche Bank National Trust Co and First Franklin Mortgage Loan Trust 2005-

Purchase Details

Closed on
Jan 19, 2005
Sold by
Shugart Enterprises Llc
Bought by
Alvarez Alejandra M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,550
Interest Rate
8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 9, 2004
Sold by
Shugart Management Inc
Bought by
Shugart Enterprises Llc
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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Purchase History

Date Buyer Sale Price Title Company
Feng Ling Ling $224,000 None Available
Burrow Darrell M $205,000 None Available
Deutsche Bank National Trust Co $176,161 None Available
Alvarez Alejandra M $218,000 None Available
Shugart Enterprises Llc $486,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Feng Ling Ling $179,200
Previous Owner Burrow Darrell M $184,400
Previous Owner Alvarez Alejandra M $217,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/02/2016 08/02/16 Sold $224,000 -1.7% $90 / Sq Ft
06/24/2016 06/24/16 Pending -- -- --
05/16/2016 05/16/16 For Sale $227,900 -- $91 / 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 $3,252 $278,040 $0 $0
2024 $3,252 $278,040 $0 $0
2023 $3,170 $278,040 $0 $0
2022 $3,170 $278,040 $0 $0
2021 $3,252 $278,040 $0 $0
2020 $2,463 $210,610 $0 $0
2019 $2,501 $210,610 $0 $0
2018 $2,501 $210,610 $0 $0
2017 $2,501 $210,610 $0 $0
2016 $2,501 $210,610 $0 $0
2015 $2,506 $210,610 $0 $0
2014 $2,920 $242,510 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 795255

Triad MLS

APN: 01-007-Q-000-0145-0-0-0