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$573,072Estimated home value

Beds
4
Baths
3.5
sq ft
3,839

206 Arbor Drive, Elon, NC 27244

206 Arbor Drive

Elon, NC 27244

  • Sold On 3/25/2022
Unique home with Victorian façade & modern open interior. Foyer features custom leaded sidelights, transom & oval window. Dining area on perfect angle in front turret defined by curved wall & built-ins. Kitchen features curved wall w/glass blocks, 2 islands, sitting bar area, gas range & pantry. Enjoy sunny breakfast room turret area w/ 14’ vaulted ceiling. Family room w/built-ins & fireplace, w/French doors onto brick patio featuring trellis, patio water feature. Convenient to Elon University.

Details

Property type

Single Family Residence

Est. home value

$573,072

Lot size

0.35 acres

Price per sq ft

$144

Year built

1993

Annual property taxes

$2,789

Price History

04/01/2025
TriangleMLS

TriangleMLS #10064347

Removed
$585,000
11/21/2024
TriangleMLS

TriangleMLS #10064347

Listed
$585,000
+12.93%
03/25/2022
TriangleMLS

TriangleMLS #2421638

Sold
$518,000

Schools & Community

Elementary school: 

Alamance - Highland

Middle school: 

Alamance - Western

High school: 

Alamance - West Alamance

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$5,979
Asking price
$550,000
Closing costs (~8% of asking)
-$44,000
Est. remaining loan balance
-$500,021
Cash to seller
$5,979

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Freedom Mortgage Corp

Loan start date

March 2022

Original loan amount

$531,468

Est. remaining balance

$500,021

Interest rate

3.55%

Loan type

VA, 30 year

Seller

Thomas B Wolfe and Virginia Wolfe

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Off Market

Tomo last checked: 04/04/2025 at 7:05 PM

Listing updated: 02/25/2025 at 2:46 PM

Listed by: Beth Glidewell, Keller Williams Central Phone #: (336) 227-4433

MLS: TriangleMLS #2421638

TriangleMLS logo

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