NOT LISTED FOR SALE

7283 Busick Quarry Rd Elon, NC 27244

Estimated Value: $246,000 - $367,000

6 Beds
2 Baths
2,800 Sq Ft
$108/Sq Ft Est. Value

Last Sold December 22, 2023

Last sale price $219,900 $79 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $1,852/month

90 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • No HOA
  • Wood Siding

About This Home

As of December 2023

Unique log home on 7.84 +/- secluded acres in Elon is looking for new owners! While the house requires updating, it offers a generous living area, with ample space and multiple bedrooms. The property's unique features, such as the POND, wooded surroundings, an abundance of wildlife, and proximity to Elon University, Greensboro, Burlington, and other surrounding cities. This a great opportunity to own a getaway home or live here full-time. SEE AGENT ONLY REMARKS. Back on the market, no fault of the seller.

Last Agent to Sell the Property

Matthew Millaway

eXp Realty License #306213 Listed on: 08/18/2023

eXp Realty

Last Buyer's Agent

Daniel Swanson

Berkshire Hathaway HomeServices Yost & Little Realty License #341105

Berkshire Hathaway HomeServices Yost & Little Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,126

Year Built

  • Built in 1974

Lot Details

  • 7.84 Acre Lot
  • Property is zoned AG

Parking

  • Driveway

Home Design

  • Wood Siding
  • Log Siding

Interior Spaces

  • 2,639 Sq Ft Home
  • 2,300-2,800 Sq Ft Home
  • Property has 2 Levels
  • Living Room with Fireplace
  • Unfinished Basement

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main

Schools

  • Northeast Middle School
  • Northeast High School

Utilities

  • Window Unit Cooling System
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0100506
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,126

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 7.84
  • Subdivision Name: None
  • Directions: Follow I-40 E and US-29 N to McLeansville Rd. Take the NC-150 exit from US-29 N. Follow NC-150 E and Osceola Ossipee Rd to Busick Quarry Rd. Driveway will be on your right.
  • Above Grade Finished Sq Ft: 2639
  • Architectural Style: Cabin
  • Unit Levels: Two
  • Structure Type: House
  • Year Built: 1974
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Has Basement: Unfinished, Basement, Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 2639
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

  • Pool Features: None
  • Construction Type: Log, Wood Siding
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Sewer: Septic Tank
  • Cooling: Window Unit(s)
  • Heating: Baseboard, Electric
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Monticello-Brown Summit
  • High School: Northeast
  • Middle Or Junior School: Northeast

Lot Info

  • Parcel #: 0100506
  • Zoning: AG
  • TRIADMLS_PricePerAcre: 28048.4694
  • TRIADMLS_DeedPage: 1865-1867
  • TRIADMLS_DeedBook: 7730
  • TRIADMLS_AcresRange: 7 - 8

Tax Info

  • Tax Annual Amount: 2126
  • Tax Year: 2023
  • TRIADMLS_TaxRate: 0.8704

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2023
Closed on
Dec 18, 2023
Sold by
Hambright Michael R and Hambright Jennifer L
Bought by
Rice Tiffany Marie Norris and Rice Richard Robert
Seller's Agent
Matthew Millaway
eXp Realty
Buyer's Agent
Daniel Swanson
Berkshire Hathaway HomeServices Yost & Little Realty
List Price
$229,900
Sold Price
$219,900
Premium/Discount to List
-$10,000
-4.35%
Views
166
Current Estimated Value
$301,203

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,303
Avg. Annual Appreciation
23.34%
Original Mortgage
$208,905
Outstanding Balance
$206,475
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$94,728

Purchase Details

Closed on
Jul 5, 2021
Sold by
Younger Jeffrey W and Younger Edith S
Bought by
Kingdom Enterprises F Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
2.9%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Apr 24, 2015
Closed on
Aug 12, 2015
Sold by
Walton Susan B
Bought by
Hambright Michael E and Hambright Jennifer L
Seller's Agent
Sarah Kindley
Coldwell Banker Advantage
Buyer's Agent
John Gilliam
J Madison Homes Realty
List Price
$199,995
Sold Price
$194,000
Premium/Discount to List
-$5,995
-3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.56%
Original Mortgage
$192,000
Interest Rate
4.16%
Mortgage Type
VA

Purchase Details

Closed on
Jun 12, 1989
Bought by
Walton Susan B
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
Rice Tiffany Marie Norris $220,000 None Listed On Document
Kingdom Enterprises F Llc $310,000 None Available
Hambright Michael E $194,000 Attorney
Walton Susan B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rice Tiffany Marie Norris $208,905
Previous Owner Kingdom Enterprises F Llc $250,000
Previous Owner Hambright Michael R $209,147
Previous Owner Hambright Michael $202,075
Previous Owner Hambright Michael R $198,800
Previous Owner Hambright Michael E $192,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2023 12/22/23 Sold $219,900 0.0% $96 / Sq Ft
11/17/2023 11/17/23 Pending -- -- --
11/14/2023 11/14/23 Price Changed $219,900 -4.3% $96 / Sq Ft
11/03/2023 11/03/23 Price Changed $229,900 0.0% $100 / Sq Ft
11/03/2023 11/03/23 For Sale $229,900 -2.1% $100 / Sq Ft
08/25/2023 08/25/23 Pending -- -- --
08/18/2023 08/18/23 For Sale $234,900 +21.1% $102 / Sq Ft
08/12/2015 08/12/15 Sold $194,000 -3.0% $106 / Sq Ft
07/13/2015 07/13/15 Pending -- -- --
04/24/2015 04/24/15 For Sale $199,995 -- $110 / 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
2023 $2,175 $244,300 $86,200 $158,100
2022 $2,126 $244,300 $86,200 $158,100
2021 $1,689 $194,000 $64,700 $129,300
2020 $1,689 $194,000 $64,700 $129,300
2019 $1,689 $194,000 $0 $0
2018 $1,661 $194,000 $0 $0
2017 $1,661 $194,000 $0 $0
2016 $1,320 $149,200 $0 $0
2015 $1,328 $149,200 $0 $0
2014 $1,343 $149,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1116590

Triad MLS

APN: 0100506