$1,578,105
SOLD JUN 10, 2022

7191 Sockwell Rd Elon, NC 27244

3 Beds
3 Baths
2,638 Sq Ft
120 Acres

Recently Sold

$598 Per Sq Ft

21% Below List Price

189 Days on Market

Highlights

  • 120 Acre Lot
  • Attic
  • Granite Countertops
  • Deck
  • 1 Fireplace
  • Porch

About This Home

As of June 2022

Elon custom home centrally located on approximately 120ac. Built in 2008 this 1.5 story 2,682 sqft. home has 3 bedrooms plus loft, 3 full baths, an open floor plan and lots of windows providing panoramic views. Main floor includes mud room, office and master bedroom. The master bath has dual sinks, makeup vanity and oversized tile walk-in shower. The walk thru master closet connects to laundry room. Kitchen features unique granite counter tops, walk-in pantry, hickory cabinets with soft close drawers and a beverage center. Entertaining made easy with direct access to porch for grilling, gathering or swimming in large swim spa. Located behind home is tobacco barn with covered storage and a metal building with large automated roll up door. The remaining property includes a pond, rolling hills, old barns and plenty of wildlife. Finally, the property borders the Reedy Fork River.

Last Agent to Sell the Property

Ken Walker

Re/MaxDiamond Realty License #227812 Listed on: 10/07/2021

Re/MaxDiamond Realty

Co-Listed By

Lauren Croniser

Re/MaxDiamond Realty License #304302

Last Buyer's Agent

Tom Pate

Pate Real Estate License #22809

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,125

Year Built

  • 2008

Lot Details

  • 120 Acre Lot
  • Zoning described as Rural

Parking

  • Attached Garage

Home Design

  • Cement Siding

Interior Spaces

  • 2-Story Property
  • Built-In Features
  • 1 Fireplace
  • Insulated Windows
  • Pull Down Stairs to Attic

Kitchen

  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Deck
  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 884823156

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,125

Year Built

2008

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 120.0
  • Co List Office Mls Id: 1736
  • Co List Office Phone: 919-563-4141
  • Directions: In Elon, University Drive to North on Manning Drive, to Right on Gibsonville Ossipee Rd, to Left on Sockwell Rd, Property on the right, Alamance/Guilford County Line.
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 2008
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Luxury Vinyl
  • Interior Amenities: Attic, Built-in Features, Granite Counters, Kitchen Island, Other, Pull Down Attic Stairs
  • Window Features: Insulated Windows

Exterior Features

  • Construction Type: Cement Siding, Stone
  • Patio And Porch Features: Deck, Porch

Garage/Parking

  • Parking Features: Attached

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Electric, Forced Air, Heat Pump, Other
  • Heating Yn: Yes

Lot Info

  • Lot Size Sq Ft: 5227200.0
  • Parcel #: 884823156
  • Zoning Description: Rural
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2021
Closed on
Jun 10, 2022
Sold by
Robert Shepherd Daniel and Robert Amy L
Bought by
M & B Family Farms Llc
Seller's Agent
Ken Walker
Re/MaxDiamond Realty
Buyer's Agent
Tom Pate
Pate Real Estate
List Price
$1,995,000
Sold Price
$1,578,105
Premium/Discount to List
-$416,895
-20.9%
Current Estimated Value
$349,116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,228,989
Avg. Annual Appreciation
-39.02%
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 Type Sale Price Title Company
Warranty Deed $1,323,000 Kalo Joseph J
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $274,000 New Conventional
Previous Owner $274,000 New Conventional
Previous Owner $353,000 New Conventional
Previous Owner $353,600 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2022 06/10/22 Sold $1,578,105 -20.9% $598 / Sq Ft
04/14/2022 04/14/22 Pending -- -- --
10/07/2021 10/07/21 For Sale $1,995,000 -- $756 / 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
2023 $4,125 $445,500 $128,000 $317,500
2022 $3,197 $463,700 $128,000 $335,700
2021 $2,929 $427,400 $117,600 $309,800
2020 $2,930 $427,400 $117,600 $309,800
2019 $2,924 $334,219 $0 $0
2018 $2,910 $334,219 $0 $0
2017 $2,926 $334,219 $0 $0
2016 $2,924 $324,719 $0 $0
2015 $2,919 $324,719 $0 $0
2014 $2,825 $315,319 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Alamance Multiple Listing Service

MLS Number: 120109

APN: 0100412