NOT LISTED FOR SALE

Estimated Value: $204,000 - $217,760

2 Beds
1 Bath
1,600 Sq Ft
$132/Sq Ft Est. Value

Last Sold June 02, 2022

Last sale price $167,500 $105 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,190/month

25 Days on Market

Highlights

  • 1.24 Acre Lot
  • Cottage
  • Detached Carport Space
  • No HOA
  • Circular Driveway
  • Forced Air Heating and Cooling System

About This Home

As of June 2022

Move In Ready! Cute 2 BR Home on over an Acre of Land In the Western Alamance School District. This House has a very nice heated and cooled 334 s/f basement area not included in total square footage(6.6 ft ceiling height), with convenient access from inside or outside. New Carpet and Vinyl Flooring, Circle Drive and Single Carport. All Appliances Remain!
Portion of Property is in a Flood Zone, House is Not. Property was part of an estate, There is a Shared driveway and recorded Well and Septic Easements.

Last Agent to Sell the Property

Dorothy Clapp

Elm Realty LLC License #305496 Listed on: 04/08/2022

Elm Realty LLC

Last Buyer's Agent

Trisha Whitaker

RE/MAX DIAMOND REALTY License #268147

RE/MAX DIAMOND REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $568

Year Built

  • Built in 1950

Lot Details

  • 1.24 Acre Lot
  • Lot Dimensions are 100 x 547 x 99 x 547

Parking

  • 2 Car Garage
  • Detached Carport Space
  • Circular Driveway

Home Design

  • Cottage
  • Vinyl Siding

Interior Spaces

  • 1,434 Sq Ft Home
  • 1,200-1,600 Sq Ft Home
  • Property has 1 Level
  • Living Room with Fireplace
  • Pull Down Stairs to Attic
  • Partially Finished Basement

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Western Middle School
  • Western Alamance High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 117363
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$568

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 1.24
  • Lot Size: 100 x 547 x 99 x 547
  • Subdivision Name: None
  • Directions: From Burlington, Head NW on Webb Ave, bear right on Hwy 87 N. Home on Left.
  • Above Grade Finished Sq Ft: 1434
  • Architectural Style: Cottage
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1950
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_HeatedFinishedBasementSqFtRange: 300 - 400
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1200 - 1600
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Carpet, Vinyl
  • Has Basement: Partially Finished, Basement
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 1434
  • Main Level Bathrooms: 1
  • Attic Description: Pulldown Stairs
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes

Exterior Features

  • Pool Features: None
  • Construction Type: Vinyl Siding
  • TRIADMLS_PoolYN: No
  • Flood Zone: Partial

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Carport, Circular Driveway, Detached Carport
  • Garage Description: Detached Carport

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Altamahaw-Ossipee
  • High School: Western Alamance
  • Middle Or Junior School: Western

Lot Info

  • Parcel #: 117363
  • Zoning: Res
  • TRIADMLS_PlatBook: 006-0071
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 568
  • Tax Year: 2020
  • TRIADMLS_TaxRate: 1.29

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2022
Closed on
Jun 1, 2022
Sold by
Simpson Petty and Simpson Junie
Bought by
Burch Lamone and Strader Nicole
Seller's Agent
Dorothy Clapp
Elm Realty LLC
Buyer's Agent
Trisha Whitaker
RE/MAX DIAMOND REALTY
List Price
$155,000
Sold Price
$167,500
Premium/Discount to List
$12,500
8.06%
Current Estimated Value
$210,721

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,221
Avg. Annual Appreciation
6.62%
Original Mortgage
$150,750
Outstanding Balance
$134,167
Interest Rate
4.31%
Mortgage Type
Balloon
Estimated Equity
$76,523
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Burch Lamone $167,500 Canaday Law Firm Pa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burch Lamone $150,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/02/2022 06/02/22 Sold $167,500 +8.1% $140 / Sq Ft
05/04/2022 05/04/22 Pending -- -- --
04/08/2022 04/08/22 For Sale $155,000 -- $129 / 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
2025 $1,031 $173,620 $37,062 $136,558
2024 $964 $173,620 $37,062 $136,558
2023 $896 $173,620 $37,062 $136,558
2022 $553 $72,232 $30,171 $42,061
2021 $561 $72,232 $30,171 $42,061
2020 $568 $72,232 $30,171 $42,061
2019 $563 $72,232 $30,171 $42,061
2018 $0 $72,232 $30,171 $42,061
2017 $498 $72,232 $30,171 $42,061
2016 $560 $81,107 $29,642 $51,465
2015 $557 $81,107 $29,642 $51,465
2014 -- $81,107 $29,642 $51,465
Source: Public Records

Agents Affiliated with this Home

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Source: Triad MLS

MLS Number: 1065172

Triad MLS

APN: 117363