NOT LISTED FOR SALE

723 Gibsonville Ossipee Rd Elon, NC 27244

Estimated Value: $308,000 - $358,000

2 Beds
2 Baths
1,605 Sq Ft
$206/Sq Ft Est. Value

Last Sold January 25, 2024

Last sale price $240,000 $150 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $1,910/month

3 Days on Market

Highlights

  • 1.52 Acre Lot
  • Breakfast Room
  • Brick Veneer
  • Main Floor Bedroom
  • 1 Car Attached Garage
  • Living Room

About This Home

As of January 2024

Welcome Home to your delightful & vintage brick ranch on spacious 1.5+ acre lot ideally nestled in a popular location convenient to Elon University, downtown Gibsonville and so much more. This home features 2 beds, 2 baths and a Den/Home Office with closet that could be used as a 3rd bedroom (2 bed per septic permit). Spacious Eat-In Kitchen, Living Room w/ fireplace, walk-in Laundry Room & 1-car garage. Enjoy relaxing outdoors on your covered, rocking chair front porch and back patio. Appreciate the vintage interior styling this home has to offer...but note that it's also priced perfectly if you prefer to modernize it to fit your style. Hard to find a home at this price on such a spacious lot in such a great location. Home being SOLD AS-IS. See Agent Only Remarks

Last Agent to Sell the Property

Adam Kensky

Royalcrest Realty LLC License #216859 Listed on: 01/08/2024

Last Buyer's Agent

Non Member

Non Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $638

Year Built

  • Built in 1981

Lot Details

  • 1.52 Acre Lot

Parking

  • 1 Car Attached Garage
  • 4 Open Parking Spaces

Home Design

  • Brick Veneer

Interior Spaces

  • 1,605 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Breakfast Room
  • Laundry Room

Kitchen

  • Electric Oven
  • Free-Standing Electric Oven
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms
  • Primary bathroom on main floor

Schools

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

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 110019

Home Details

Home Type

Single Family

Est. Annual Taxes

$638

Year Built

Built in 1981

Lot Details

0

Parking

1

Listing Details

  • Year Built: 1981
  • Prop. Type: Residential
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 1605.0
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • New Construction: No
  • General Property Information Basement YN: No
  • Appliances Microwave: Yes
  • Architectural Style Ranch: Yes
  • Cooling Central Air: Yes
  • Flooring Carpet: Yes
  • Room Types Bedroom 2 Level: Main
  • Room Types Primary Bedroom Level: Main
  • Flooring Vinyl: Yes
  • Room Types Living Room2: Yes
  • Room Types Breakfast Room: Yes
  • General Property Information Enhanced Accessible2: No
  • General Property Information Above Grade Finished Area: 1605.0
  • General Property Information Main Level Bedrooms: 2
  • Room Types Primary Bathroom Level: Main
  • Room Types Laundry2: Yes
  • General Property Information Lot Size Square Feet2: 66211.2
  • General Property Information Lot Size Acres: 1.52
  • General Property Information Stories2: 1
  • General Property Information:Living Area3: 1605.0
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Flooring: Carpet, Vinyl
  • Appliances: Dishwasher, Free-Standing Electric Oven, Microwave
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Stories: 1
  • Appliances Dishwasher: Yes
  • Appliances:Free-Standing Electric Oven: Yes

Exterior Features

  • Acres: 1.52
  • Construction Type: Brick Veneer
  • Construction Materials:Brick Veneer: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Open Parking Spaces: 4.0
  • Open Parking: Yes
  • Total Parking Spaces: 5.0
  • General Property Information:Garage Spaces: 1.0
  • General Property Information:Attached Garage YN: Yes
  • General Property Information:Parking Total: 5.0
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 4.0

Utilities

  • Cooling: Central Air, Heat Pump
  • Cooling Y N: Yes
  • HeatingCooling:Heat Pump: Yes

Schools

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

Lot Info

  • Lot Size Sq Ft: 66211.2
  • ResoLotSizeUnits: Acres
  • Parcel #: 110019

Tax Info

  • Tax Annual Amount: 638.0
  • Tax Year: 2023

MLS Schools

  • Elementary School: Alamance - Elon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2024
Closed on
Jan 25, 2024
Sold by
Triad Investment Partners Llc
Bought by
Westfield Investments Llc
Seller's Agent
Adam Kensky
Royalcrest Realty LLC
Buyer's Agent
Non Member
Non Member Office
List Price
$230,000
Sold Price
$240,000
Premium/Discount to List
$10,000
4.35%
Views
217
Current Estimated Value
$330,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,667
Avg. Annual Appreciation
18.17%

Purchase Details

Closed on
Nov 16, 2023
Sold by
Goddard & Peterson Pllc
Bought by
Triad Investment Partners Llc

Purchase Details

Closed on
Jan 1, 1990
Bought by
Patton Patricia D
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Westfield Investments Llc $240,000 Chicago Title
Triad Investment Partners Llc $191,500 None Listed On Document
Patton Patricia D -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/25/2024 01/25/24 Sold $240,000 +4.3% $150 / Sq Ft
01/12/2024 01/12/24 Pending -- -- --
01/08/2024 01/08/24 For Sale $230,000 -- $143 / 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
2025 $2,068 $348,180 $44,129 $304,051
2024 $1,934 $348,180 $44,129 $304,051
2023 $2,498 $348,180 $44,129 $304,051
2022 $681 $171,755 $40,985 $130,770
2021 $690 $171,755 $40,985 $130,770
2020 $699 $171,755 $40,985 $130,770
2019 $693 $171,755 $40,985 $130,770
2018 $0 $171,755 $40,985 $130,770
2017 $1,185 $171,755 $40,985 $130,770
2016 $1,064 $154,242 $40,985 $113,257
2015 $550 $154,242 $40,985 $113,257
2014 $510 $154,242 $40,985 $113,257
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10005089

Doorify MLS

APN: 110019