NOT LISTED FOR SALE

714 Sheridan Place Elon, NC 27244

Estimated Value: $276,823 - $290,000

3 Beds
2 Baths
1,176 Sq Ft
$241/Sq Ft Est. Value

Last Sold July 21, 2014

Last sale price $168,000 $143 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $1,631/month

120 Days on Market

Highlights

  • Deck
  • Cooling Available
  • Forced Air Heating System
  • Wood Flooring
  • Landscaped
  • Rectangular Lot

About This Home

As of July 2014

Prime Location For Off Campus Housing With Short Walk To Elon University. Move In Ready Condition. New Heat Pump 2014, Kitchen Updated In 2008, Carpet Replaced In 2011, And Deck Replaced In 2010. Currently Leased For $3,600 Per Semester, Including Utilities. Lease Expires May 31St, 2015.

Last Agent to Sell the Property

Bert Ward

ALAMANCE APPRAISALS-BLACK DIAMOND REAL ESTATE LLC License #172384 Listed on: 02/21/2014

Last Buyer's Agent

Trisha Whitaker

Re/MaxDiamond Realty License #268147

Re/MaxDiamond Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,484

Year Built

  • 1985

Lot Details

  • 784 Sq Ft Lot
  • Landscaped
  • Rectangular Lot

Home Design

  • Brick Exterior Construction

Kitchen

  • Electric Range
  • Microwave
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

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

Additional Features

  • 2-Story Property
  • Deck

Listing and Financial Details

  • Assessor Parcel Number 8855370987

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,484

Year Built

1985

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Lot Size Acres: 0.02
  • Lot Size: 784
  • Directions: Haggard Street To Sheridan Place
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1985
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Electric Range, Disposal, Microwave
  • Has Basement: Crawl Space
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Wood

Exterior Features

  • Lot Features: Landscaped, Rectangular Lot
  • Construction Type: Brick, Other
  • Patio And Porch Features: Deck

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Heat Pump
  • Heating Yn: Yes
  • Utilities: Cable Available

Lot Info

  • Lot Size Sq Ft: 784.0
  • Parcel #: 8855370987
  • Zoning Description: Res

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2014
Closed on
Jul 17, 2014
Sold by
Acorn Properties I Llc
Bought by
Rickett Phillip
Seller's Agent
Bert Ward
ALAMANCE APPRAISALS-BLACK DIAMOND REAL ESTATE LLC
Buyer's Agent
Trisha Whitaker
Re/MaxDiamond Realty
List Price
$198,000
Sold Price
$168,000
Premium/Discount to List
-$30,000
-15.15%
Current Estimated Value
$283,206

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,206
Avg. Annual Appreciation
4.77%
Original Mortgage
$134,400
Outstanding Balance
$102,526
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$180,680

Purchase Details

Closed on
May 28, 2008
Sold by
36 Sheridan Place Llc
Bought by
Acorn Properties I Llc

Purchase Details

Closed on
Jun 28, 2006
Sold by
Cavalier John J
Bought by
36 Sheridan Place Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Rickett Phillip $183,000 --
Acorn Properties I Llc $190,000 --
36 Sheridan Place Llc $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rickett Phillip $134,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/21/2014 07/21/14 Sold $168,000 -15.2% $143 / Sq Ft
06/21/2014 06/21/14 Pending -- -- --
02/21/2014 02/21/14 For Sale $198,000 -- $168 / 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
2025 $1,484 $300,338 $30,000 $270,338
2024 $1,409 $300,338 $30,000 $270,338
2023 $1,297 $300,338 $30,000 $270,338
2022 $1,070 $164,567 $30,000 $134,567
2021 $1,818 $164,567 $30,000 $134,567
2020 $1,834 $164,567 $30,000 $134,567
2019 $1,839 $164,567 $30,000 $134,567
2018 $0 $164,567 $30,000 $134,567
2017 $1,695 $164,567 $30,000 $134,567
2016 $1,540 $154,018 $15,000 $139,018
2015 $889 $154,018 $15,000 $139,018
2014 -- $154,018 $15,000 $139,018
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alamance Multiple Listing Service

MLS Number: 82412

APN: 115598