NOT LISTED FOR SALE

608 E College Ave Elon, NC 27244

Estimated Value: $320,000 - $415,000

4 Beds
2 Baths
1,658 Sq Ft
$216/Sq Ft Est. Value

Last Sold September 08, 2022

Last sale price $865,000 $522 Per Sq Ft

Current estimated payment $2,029/month

4 Days on Market

Highlights

  • Cape Cod Architecture
  • 1 Fireplace
  • Forced Air Heating and Cooling System
  • Wood Flooring
  • No HOA

About This Home

As of September 2022

Great opportunity for investors! Properties are always leased out! 1 min drive or 8 min walk to Elon University.

Last Agent to Sell the Property

Vandan Gandhi, CCIM

Keller Williams Elite Realty License #247850 Listed on: 07/08/2022

Keller Williams Elite Realty

Last Buyer's Agent

Michael Gray

NorthGroup Real Estate, Inc. License #244411

NorthGroup Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,608

Year Built

  • Built in 1937

Lot Details

  • 0.49 Acre Lot

Parking

  • Gravel Driveway

Home Design

  • Cape Cod Architecture
  • Masonite

Interior Spaces

  • 1,658 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace

Flooring

  • Wood
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Elon Elementary School
  • Western Middle School
  • West Alamance High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,608

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Year Built: 1937
  • Prop. Type: Residential
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 1658.0
  • Architectural Style: Cape Cod
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: 0
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Cooling Central Air: Yes
  • Flooring Luxury Vinyl: Yes
  • Structure Type Site Built: Yes
  • Flooring Hardwood: Yes
  • Levels Two: Yes
  • General Property Information Above Grade Finished Area: 1658.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 21344.4
  • General Property Information Lot Size Acres: 0.49
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Hardwood, Luxury Vinyl
  • Appliances: Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Total Bedrooms: 7
  • Appliances:Electric Water Heater: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Acres: 0.49
  • Construction Type: Masonite
  • Construction Materials:Masonite: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, Gravel
  • Parking Features:Driveway: Yes
  • Parking Features:Gravel: Yes

Utilities

  • Heating: Electric, Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Alamance - West Alamance
  • Middle Or Junior School: Alamance - Western

Lot Info

  • Lot Dimensions: 0
  • Lot Size Sq Ft: 21344.4
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1608.0

MLS Schools

  • Elementary School: Alamance - Elon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2022
Closed on
Sep 8, 2022
Sold by
Lacey Mary L and Schlosser Robert
Bought by
Campus Walk Elon Llc
Seller's Agent
Vandan Gandhi, CCIM
Keller Williams Elite Realty
Buyer's Agent
Michael Gray
NorthGroup Real Estate, Inc.
List Price
$895,000
Sold Price
$865,000
Premium/Discount to List
-$30,000
-3.35%
Current Estimated Value
$357,794

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$507,206
Avg. Annual Appreciation
-25.56%
Original Mortgage
$665,600
Outstanding Balance
$640,531
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
-$277,371

Purchase Details

Closed on
Jul 11, 2016
Sold by
Lucas Jonathan Roland and Lucas Dawn Hager
Bought by
Lacey Mary L

Purchase Details

Closed on
Jan 1, 1990
Bought by
Kirk Bonnie Longest and Longest Mary F Cochran Trust
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Campus Walk Elon Llc $865,000 --
Lacey Mary L $237,000 Attorney
Kirk Bonnie Longest -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Campus Walk Elon Llc $665,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $865,000 -- --
09/08/2022 09/08/22 Sold $865,000 -3.4% $522 / Sq Ft
07/12/2022 07/12/22 Pending -- -- --
07/12/2022 07/12/22 For Sale $895,000 0.0% $540 / Sq Ft
07/11/2022 07/11/22 Price Changed $895,000 +3.5% $540 / Sq Ft
07/10/2022 07/10/22 Off Market $865,000 -- --
07/08/2022 07/08/22 For Sale $329,000 -- $198 / Sq Ft
Source: Doorify 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 $954 $203,352 $74,350 $129,002
2023 $1,577 $203,352 $74,350 $129,002
2022 $1,585 $144,840 $74,350 $70,490
2021 $1,600 $144,840 $74,350 $70,490
2020 $1,614 $144,840 $74,350 $70,490
2019 $1,619 $144,840 $74,350 $70,490
2018 $0 $144,840 $74,350 $70,490
2017 $1,492 $144,840 $74,350 $70,490
2016 $1,467 $146,701 $74,350 $72,351
2015 $847 $146,701 $74,350 $72,351
2014 -- $146,701 $74,350 $72,351
Source: Public Records

Agents Affiliated with this Home

  • Vandan Gandhi, CCIM

    Seller's Agent in 2022

    Vandan Gandhi, CCIM

    Keller Williams Elite Realty

    (919) 475-5769

    55 Total Sales

    Section Image
  • Michael Gray

    Buyer's Agent in 2022

    Michael Gray

    NorthGroup Real Estate, Inc.

    (336) 213-6220

    23 Total Sales

    Section Image
See All Agents

Map

Source: Doorify MLS

MLS Number: 2460949

Doorify MLS

APN: 115575

North Carolina Alamance County Elon 27244

608 E College Ave, Elon, NC

This home is located at 608 E College Ave, Elon, NC 27244 since 08 July 2022 and is currently estimated at $357,794, approximately $215 per square foot. This property was built in 1937. 608 E College Ave is a home located in Alamance County with nearby schools including Elon Elementary School, Western Alamance Middle School, and Western Alamance High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Doorify MLS Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2025 Doorify MLS, Inc. of North Carolina. All rights reserved.

Nearby Homes