NOT LISTED FOR SALE

9924 N Carolina 268 Elkin, NC 28621

Estimated Value: $345,000 - $548,000

3 Beds
4 Baths
3,509 Sq Ft
$129/Sq Ft Est. Value

Last Sold September 09, 2020

Last sale price $275,000 $78 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $2,426/month

5 Days on Market

Highlights

  • Wooded Lot
  • Cottage
  • Kitchen Island
  • Wood Flooring
  • Gazebo
  • Level Lot

About This Home

As of September 2020

Unique cottage w/ beautiful masonry work sitting on over 3 acres, a cabin feel with log structures, hardwood floors, gas logs, large kitchen with plenty of room, kitchen island, open dining, perfect sunroom for looking out and enjoying the privacy, 3BD/4BA, master on upper level, office, finished basement w/ rec room & private exterior entry, mudroom & so much charm throughout! Patio & gazebo outside are perfect for entertaining, stream on the property & outbuildings. GPS location 150 Teardrop Acres Way!

Last Agent to Sell the Property

Jeff Nicholson

NorthGroup Real Estate LLC License #280587 Listed on: 07/16/2020

NorthGroup Real Estate LLC

Last Buyer's Agent

Zach Fallon

F3 Realty and Construction, Inc. License #286022

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1982

Lot Details

  • Level Lot
  • Cleared Lot
  • Wooded Lot

Parking

  • Gravel Driveway

Home Design

  • Cottage
  • Stone Siding

Interior Spaces

  • 4 Full Bathrooms
  • Gas Log Fireplace
  • Kitchen Island

Flooring

  • Wood
  • Laminate
  • Tile

Outdoor Features

  • Gazebo
  • Outbuilding

Utilities

  • Heating System Uses Propane
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 4972-00-98-5521

Home Details

Home Type

Single Family

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story
  • Architectural Style: Cottage
  • Ratio Close Price By List Price: 1.03774
  • Ratio Close Price By Original Li: 1.03774
  • Ratio Current Price By Acre: 83841.46
  • Ratio Current Price By Sq Ft: 78.37
  • Year Built: 1982
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement, Basement Partially Finished
  • Upper Level Sq Ft: 445
  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Cooktop Electric, Dishwasher, Electric Dryer Hookup, Electric Range, Microwave
  • Fireplace Description: Gas Logs, Living Room
  • Fireplace: Yes
  • Flooring: Laminate Stone, Laminate Tile, Tile, Wood
  • Interior Amenities: Attic Other, Built-Ins, Kitchen Island, Pantry
  • Laundry Location: Main, Upper, Basement, Laundry Room
  • Room Count: 3
  • Sq Ft Basement: 739
  • Main Level Sq Ft: 2325
  • Total Sq Ft: 3509
  • Sq Ft Unheated Basement: 89
  • Sq Ft Unheated Total: 89

Exterior Features

  • Construction: Stone, Wood
  • Construction Type: Site Built
  • Exterior Features: Gazebo, Outbuilding

Garage/Parking

  • Driveway: Gravel
  • Parking: Driveway

Utilities

  • Heating: Central Air, Heat Pump - Heat, Propane
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Electric

Schools

  • Elementary School: Rockford
  • Middle School: Central
  • High School: Surry Central

Lot Info

  • Lot Features: Cleared, Level, Rolling, Wooded
  • Lot Size Area: 3.280
  • Parcel Number: 4972-00-98-5521
  • Zoning Specification: RA

Tax Info

  • Tax Value: 196550.00
  • Tax Location: Surry County

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2020
Closed on
Sep 9, 2020
Sold by
Wilmoth Douglas and Wilmoth Rebecca S
Bought by
Toulouse Wayne and Toulouse Sara
Seller's Agent
Jeff Nicholson
NorthGroup Real Estate LLC
Buyer's Agent
Zach Fallon
F3 Realty and Construction, Inc.
List Price
$265,000
Sold Price
$275,000
Premium/Discount to List
$10,000
3.77%
Current Estimated Value
$416,981

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,981
Avg. Annual Appreciation
8.74%
Original Mortgage
$220,000
Outstanding Balance
$197,439
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$217,871

Purchase Details

Closed on
Apr 4, 2017
Sold by
Richardson Matthew Scott and Richardson Summer
Bought by
Wilmoth Douglas and Wilmoth Rebecca S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,011
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 4, 2011
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Richardson Matthew Scott and Richardson Summer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,000
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 15, 2010
Sold by
Wilmoth Glenn
Bought by
Feceral Home Loan Mortgage Corp

Purchase Details

Closed on
Sep 1, 1991

Purchase Details

Closed on
Jun 1, 1991

Purchase Details

Closed on
Aug 1, 1987

Purchase Details

Closed on
Apr 1, 1981
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
Toulouse Wayne $275,000 None Available
Wilmoth Douglas $202,000 None Available
Richardson Matthew Scott -- None Available
Feceral Home Loan Mortgage Corp -- None Available
-- -- --
-- -- --
-- -- --
-- $3,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Toulouse Wayne $220,000
Previous Owner Wilmoth Douglas $198,011
Previous Owner Richardson Matthew Scott $87,000
Previous Owner Wilmoth Glenn $204,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2020 09/09/20 Sold $275,000 +3.8% $78 / Sq Ft
07/21/2020 07/21/20 Pending -- -- --
07/16/2020 07/16/20 For Sale $265,000 -- $76 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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
2024 $1,718 $253,510 $17,450 $236,060
2023 $1,690 $253,510 $17,450 $236,060
2022 $1,690 $253,510 $17,450 $236,060
2021 $1,718 $253,510 $17,450 $236,060
2020 $1,395 $196,550 $15,710 $180,840
2019 $1,392 $196,550 $0 $0
2018 $1,350 $196,550 $0 $0
2017 $888 $196,550 $0 $0
2016 $880 $127,930 $0 $0
2013 -- $115,980 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3641623

Canopy MLS (Canopy Realtor® Association)

APN: 4972-00-98-5521