NOT LISTED FOR SALE

706 Chancery St Elon, NC 27244

Estimated Value: $241,000 - $299,000

3 Beds
2 Baths
1,573 Sq Ft
$177/Sq Ft Est. Value

Last Sold December 02, 2021

Last sale price $225,000 $143 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,807/month

5 Days on Market

Highlights

  • Transitional Architecture
  • Wood Flooring
  • 1 Fireplace
  • Cathedral Ceiling
  • Attic
  • Attached Garage

About This Home

As of December 2021

RARE FIND!!! Lovely TOWNHOME END UNIT- 3 bedroom, 2 bath, 1575 sq. ft. on ONE LEVEL All appliances & move in ready. Nicely landscaped, private fenced area w/patio, beautiful roses and other plantings. Cathedral ceiling, LR/DR combination, split bedroom, wood foyer, 2-car garage, HVAC (+/- 3 yrs), Water heater (+/- 2 yrs), spacious Master BR, double vanity & WIC. GREYSTONE Park is a desirable community in Elon. Conv. to I-85/40, parks, shopping, restaurants & more! Maintenance free living! HOA $161/mo.

Last Agent to Sell the Property

Vicky Hunley

Vicky Hunley Real Estate License #213965 Listed on: 10/15/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,181

Year Built

  • 2004

Lot Details

  • 3,006 Sq Ft Lot
  • Lot Dimensions are 46 x 68 x 46 x 68

HOA Fees

  • $161 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Transitional Architecture
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Cathedral Ceiling
  • 1 Fireplace
  • Insulated Windows
  • Pull Down Stairs to Attic
  • Kitchen Island
  • Washer Hookup

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 109158

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,181

Year Built

2004

Lot Details

0

HOA Fees

$161 per month

Listing Details

  • Prop. Type: Residential
  • Lot Size Acres: 0.07
  • Lot Size: 46 x 68 x 46 x 68
  • Directions: I-85/40 to University Drive Exit, cross S. Church St. then continue and look for Greystone Park sign just past Beth Schmidt Park.
  • Architectural Style: Transitional
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 2004
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl, Wood
  • Interior Amenities: Attic, Cathedral Ceiling(s), Kitchen Island, Other, Pull Down Attic Stairs
  • Window Features: Insulated Windows

Exterior Features

  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Patio

Garage/Parking

  • Parking Features: Attached, Paved

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Electric, Forced Air
  • Heating Yn: Yes
  • Utilities: Cable Available

Condo/Co-op/Association

  • Association Fee: 161.0
  • Association Fee Frequency: Monthly

Lot Info

  • Lot Size Sq Ft: 3006.0
  • Parcel #: 109158
  • Zoning Description: R
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2021
Closed on
Dec 1, 2021
Sold by
Burdell Marcia B
Bought by
Mitchell Michael H and Mitchell Margaret I
Seller's Agent
Vicky Hunley
Vicky Hunley Real Estate
List Price
$215,000
Sold Price
$225,000
Premium/Discount to List
$10,000
4.65%
Current Estimated Value
$277,852

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,852
Avg. Annual Appreciation
6.12%
Original Mortgage
$165,000
Outstanding Balance
$153,269
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$124,583

Purchase Details

Listed on
May 14, 2012
Closed on
Feb 27, 2013
Sold by
Cary Donna C
Bought by
Burdell Marcia B
Seller's Agent
Jane Erwin
Allen Tate/Burlington
Buyer's Agent
Vicky Hunley
Vicky Hunley Real Estate
List Price
$142,900
Sold Price
$134,900
Premium/Discount to List
-$8,000
-5.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.01%
Original Mortgage
$107,900
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2005
Sold by
Pierce Homes Of Carolina
Bought by
Cary Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,700
Interest Rate
5.57%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Mitchell Michael H $225,000 None Available
Burdell Marcia B $135,000 --
Cary Donna $146,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mitchell Michael H $165,000
Previous Owner Burdell Marcia B $107,900
Previous Owner Cary Donna Crooker $83,100
Previous Owner Cary Donna C $111,100
Previous Owner Cary Donna $116,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2021 12/02/21 Sold $225,000 +4.7% $143 / Sq Ft
10/20/2021 10/20/21 Pending -- -- --
10/15/2021 10/15/21 For Sale $215,000 +59.4% $137 / Sq Ft
02/27/2013 02/27/13 Sold $134,900 -5.6% $86 / Sq Ft
01/28/2013 01/28/13 Pending -- -- --
05/14/2012 05/14/12 For Sale $142,900 -- $91 / Sq Ft
Source: Alamance Multiple Listing Service

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 $1,181 $251,811 $35,000 $216,811
2023 $1,959 $251,811 $35,000 $216,811
2022 $1,637 $149,534 $25,000 $124,534
2021 $1,647 $149,534 $25,000 $124,534
2020 $1,666 $149,534 $25,000 $124,534
2019 $1,671 $149,534 $25,000 $124,534
2018 $0 $149,534 $25,000 $124,534
2017 $863 $149,534 $25,000 $124,534
2016 $1,431 $143,134 $15,000 $128,134
2015 $826 $143,134 $15,000 $128,134
2014 $755 $143,134 $15,000 $128,134
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alamance Multiple Listing Service

MLS Number: 120244

APN: 109158