NOT LISTED FOR SALE

702 Mill Pointe Way Elon, NC 27244

Estimated Value: $754,000 - $844,000

5 Beds
3.5 Baths
5,000 Sq Ft
$159/Sq Ft Est. Value

Last Sold April 19, 2021

Last sale price $545,000 $109 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $4,526/month

1 Day on Market

Highlights

  • Colonial Architecture
  • Main Floor Primary Bedroom
  • Forced Air Heating and Cooling System
  • Wood Flooring
  • 3 Car Attached Garage
  • Ceiling Fan

About This Home

As of April 2021

Stunning all brick 5 Bedroom/3.1 Bathroom home in desirable Mill Pointe. Features formal dining room that leads into the living room. Large private office. Gourmet kitchen with granite countertops and stainless steel appliances. Master bedroom on main with trey ceiling, walk-in closet, dual vanities, garden tub, sep shower. 4 additional bedrooms and bonus room upstairs. Incredible basement with tons of options finished with additional storage. Great private backyard. Side entrance garage that walks into the laundry/mudroom. Just minutes from everything.

Last Agent to Sell the Property

Robert Cavinder

Keller Williams Central License #285856 Listed on: 03/05/2021

Keller Williams Central

Last Buyer's Agent

William Woodrome

MDT of the Triad, LLC License #233104

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,938

Year Built

  • Built in 2006

Lot Details

  • 0.41 Acre Lot

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 4,743 Sq Ft Home
  • 4,200-5,000 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Finished Basement

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Separate Shower

Schools

  • Western Middle School
  • Western Alamance High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Heating System Uses Natural Gas

Community Details

  • Mill Pointe Subdivision

Listing and Financial Details

  • Assessor Parcel Number 115332
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,938

Year Built

Built in 2006

Lot Details

0

HOA Fees

$42 per month

Parking

3

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.41
  • Subdivision Name: Mill Pointe
  • Directions: From Burlington take S. Church Street, Right onto Forestdale Drive, Left onto Truitt Drive, Left onto Mill Pointe Way, House on Left.
  • Above Grade Finished Sq Ft: 4743
  • Architectural Style: Colonial
  • Unit Levels: Two
  • Structure Type: House
  • Year Built: 2006
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_HeatedFinishedBasementSqFtRange: 1100 - 1400
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 4200 - 5000
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Ceiling Fan(s), Separate Shower
  • Has Basement: Finished, Unfinished, Basement
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1305
  • Living Area: 4743
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Lot Features: City Lot
  • Pool Features: None
  • Construction Type: Brick
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Garage, Attached
  • Garage Description: Attached Garage

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Main Level
  • Cooling: Central Air
  • Heating: Forced Air, Heat Pump, Electric, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric, Natural Gas
  • Water Heater: Unknown

Condo/Co-op/Association

  • Association Fee: 500
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 115332
  • Zoning: Residential
  • TRIADMLS_PricePerAcre: 1341463.4146
  • TRIADMLS_PlatPage: 487
  • TRIADMLS_DeedPage: 321
  • TRIADMLS_DeedBook: 2413
  • TRIADMLS_PlatBook: 48
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 2938
  • Tax Year: 2020
  • TRIADMLS_TaxRate: 1.24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2021
Closed on
Apr 15, 2021
Sold by
Luger Greg and Luger Patricia A
Bought by
Blom Melissa F
Seller's Agent
Robert Cavinder
Keller Williams Central
Buyer's Agent
William Woodrome
MDT of the Triad, LLC
List Price
$550,000
Sold Price
$545,000
Premium/Discount to List
-$5,000
-0.91%
Current Estimated Value
$796,746

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$251,746
Avg. Annual Appreciation
8.97%
Original Mortgage
$436,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 2006
Sold by
Empire Homes Inc
Bought by
Luger Greg

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
6.39%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Blom Melissa F $545,000 None Available
Luger Greg $442,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blom Melissa F $432,775
Closed Blom Melissa F $436,000
Previous Owner Luger Gregory W $297,700
Previous Owner Luger Gregory W $316,000
Previous Owner Luger Gregory W $58,500
Previous Owner Luger Gregory W $89,500
Previous Owner Luger Greg $320,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2021 04/19/21 Sold $545,000 -0.9% $130 / Sq Ft
03/07/2021 03/07/21 Pending -- -- --
03/05/2021 03/05/21 For Sale $550,000 -- $131 / 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 $3,312 $670,503 $60,000 $610,503
2024 $3,145 $670,503 $60,000 $610,503
2023 $5,217 $670,503 $60,000 $610,503
2022 $5,214 $476,362 $65,000 $411,362
2021 $5,261 $438,553 $65,000 $373,553
2020 $4,887 $438,553 $65,000 $373,553
2019 $4,902 $438,553 $65,000 $373,553
2018 $0 $438,553 $65,000 $373,553
2017 $2,531 $438,553 $65,000 $373,553
2016 $4,319 $431,882 $65,000 $366,882
2015 $2,492 $431,882 $65,000 $366,882
2014 $2,278 $431,882 $65,000 $366,882
Source: Public Records

Agents Affiliated with this Home

  • Robert Cavinder

    Seller's Agent in 2021

    Robert Cavinder

    Keller Williams Central

    (336) 227-4433

    7 in this area

    341 Total Sales

    Robert Cavinder
    Section Image

  • W

    Buyer's Agent in 2021

    William Woodrome

    MDT of the Triad, LLC

    (336) 684-0099

    1 in this area

    36 Total Sales

    William Woodrome
    Section Image
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Map

Source: Triad MLS

MLS Number: 1013463

Triad MLS

APN: 115332

North Carolina Alamance County Elon 27215

702 Mill Pointe Way, Elon, NC

This home is located at 702 Mill Pointe Way, Elon, NC 27244 since 05 March 2021 and is currently estimated at $796,746, approximately $159 per square foot. This property was built in 2006. 702 Mill Pointe Way is a home located in Alamance County with nearby schools including Western Alamance Middle School, Western Alamance High School, and The Burlington School.

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