$194,000
SOLD AUG 12, 2015

7283 Busick Quarry Rd Elon, NC 27244

6 Beds
2 Baths
1,822 Sq Ft
7.84 Acres

Recently Sold

$106 Per Sq Ft

3% Below List Price

80 Days on Market

Highlights

  • Wood Flooring
  • Porch
  • Garage
  • 1 Fireplace
  • Cooling Available
  • Heating Available

About This Home

As of December 2023

Enjoy The Natural, Rustic Setting On These 7.84 Acres In Guilford County. Log Cabin Home Is Situated At The Back Of The Property, Offering A Peaceful And Quiet Setting And Overlooking A Stocked Spring- Fed Pond. Home Features 7 Bedrooms, 2 Baths, Fireplace, Hickory Wood Ceiling, Pine Flooring, Unfinished Basement With Craft Room, And 2 Porches. Home Is Being Sold As Is With All Inspections Welcome.

Last Agent to Sell the Property

Sarah Kindley

Coldwell Banker Advantage License #267186 Listed on: 04/24/2015

Coldwell Banker Advantage

Last Buyer's Agent

John Gilliam

J Madison Homes Realty License #97030

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,175

Year Built

  • 1974

Lot Details

  • 7.84 Acre Lot
  • Irregular Lot
  • Zoning described as AG

Parking

  • Garage

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Dryer
  • Basement

Kitchen

  • Oven
  • Electric Range

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Porch

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 8838898525

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,175

Year Built

1974

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 7.84
  • Lot Size: 7.84 acres
  • Directions: From I-85/I-40W Take Exit 140 University Dr.,Straight On University Dr,Straight On Cook Rd.To Shallowford Church Rd,Left On Shallowford Church Rd,Left On Nc-87,Turn Left On Old Nc-87,Rt Onto Osceola R
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1974
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Electric Range, Oven, Refrigerator, Washer
  • Has Basement: Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Wood
  • Interior Amenities: Other

Exterior Features

  • Lot Features: Irregular Lot
  • Construction Type: Other
  • Patio And Porch Features: Porch

Garage/Parking

  • Parking Features: Garage, Other, See Remarks

Utilities

  • Cooling: Ceiling Fan(s), Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes

Lot Info

  • Lot Size Sq Ft: 341510.0
  • Parcel #: 8838898525
  • Zoning Description: AG

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
$314,114

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,214
Avg. Annual Appreciation
21.88%
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
4.52%
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

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 Type Sale Price Title Company
Warranty Deed $220,000 None Listed On Document
Warranty Deed $310,000 None Available
Warranty Deed $194,000 Attorney
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $208,905 New Conventional
Previous Owner $250,000 Seller Take Back
Previous Owner $209,147 VA
Previous Owner $202,075 No Value Available
Previous Owner $198,800 VA
Previous Owner $192,000 VA
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: 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 $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: Alamance Multiple Listing Service

MLS Number: 87009

APN: 0100506