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2931 Western Hills Ln
Score
57
Elon, NC

2931 Western Hills Ln

550K
2 bd • 2 ba • 1,829 sf

This analysis was generated on 4/18/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

AI Property Analysis

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Property Overview

List Price
$550,000
Price/Sq.Ft
$301
Above Fair Value
1.9% above range

Current Price

$550,000

Fair Range

$525,000 - $540,000

$550,000
Below Market-20%
Above Market+20%

Negotiation Leverage

3 points to consider in your offer

Recommended Offer

$535,000
Success Probability:High(60%)

AI Rationale

Reflects market value adjusted for renovations. Moderate probability due to strong market.

Overall Score
57
74
Home Condition
78
Natural Light
43
Value
58
Location

Visual Insights

AI-analyzed spaces with reimagining capabilities

Dated Wallpaper
Dated Wallpaper

Dated Wallpaper

The wallpaper in one of the bathrooms appears dated and detracts from the overall aesthetic.

Outdated Tub Surround
Outdated Tub Surround

Outdated Tub Surround

The bathroom with the corner tub has a stone base that looks outdated.

Worn Wood Floors
Worn Wood Floors

Worn Wood Floors

The wood floors appear worn in some areas, with visible scratches and discoloration.

Dated Kitchen Cabinets
Dated Kitchen Cabinets

Dated Kitchen Cabinets

The kitchen cabinets appear to be older and could benefit from updating.

Untreated Wood Shower
Untreated Wood Shower

Untreated Wood Shower

The outdoor shower appears to be constructed with untreated wood, which may be susceptible to rot and decay.

Aging Roof
Aging Roof

Aging Roof

The roof appears to be nearing the end of its lifespan, with some visible wear and tear.

Dated Ceiling Fans
Dated Ceiling Fans

Dated Ceiling Fans

The ceiling fans throughout the house appear dated and could be replaced with more modern fixtures.

Exposed Insulation
Exposed Insulation

Exposed Insulation

The exposed insulation in the basement is not ideal and could be a source of dust and allergens.

Renovation Assessment

Prioritized renovations based on property inspection and market impact.

High Priority Renovations

$0

No required renovations identified

Note: these are rough estimates. For more accurate estimates, please contact a professional.

Ownership History

Previous ownership changes and transaction details

Apr
2022
$405,000Financed
April 1, 2022
From:Paula Dixon Horner, Johnny Ellis Horner
To:Emily Stuart Bolt
Warranty Deed
Standard Sale (Purchase/Resales)

Pricing History

Historical pricing trends for this property

Monthly Costs

Interactive breakdown of estimated monthly expenses

Monthly Cost
$0123456789012345678901234567890123456789
$550,000
-30%List: $550,000+30%
20%
$110,000of $550,000
7%
1%15%
* Estimates based on a 30-year fixed mortgage. Property tax rate: 1.2%, Home insurance: $2,310/year

Upfront Transaction Costs

Estimated costs due at closing, including down payment and fees

Total Due at Closing
$146,925
Closing Costs
+$36,925
Down Payment
$110,000
Buyer Agent Fee
$14,025
Loan Fees
$4,400
Title & Escrow
$3,300
Inspections
$900
Transfer Tax
$6,050
Prepaid Expenses
$8,250

* Estimated costs based on typical rates. Actual costs may vary by location, lender, and transaction details.

** Buyer agent fees are negotiable and may sometimes be covered by the seller.

Historical market data is not available

Schools

Details about nearby schools in this area

Climate Risks

Assessment of climate-related hazards for this property

Low Climate Risk

This property has minimal climate-related risks

Climate risk data is based on historical patterns and projections. Consider consulting with insurance providers and local experts for property-specific assessments.

Sunlight Analysis

Data provided by Shadowmap

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Tour Checklist

Key items to inspect during your property tour

Inspect all log walls, especially near the base and corners, for signs of rot, insect infestation (e.g., carpenter bees), or water damage.

Thoroughly inspect the roof, paying close attention to the areas around chimneys, vents, and valleys. Look for missing or damaged shingles, moss growth, and signs of leaks.

Questions to Ask

Important questions to ask during the tour

Can you provide documentation of the 'newer roof' and 'newer HVAC' installations, including dates, warranties, and contractor information?

Are there any known issues with the well or septic system? When were they last inspected and serviced, and can you provide documentation?

Has the property ever experienced any flooding or water damage, especially considering its proximity to the Haw River?

Showing critical items first. Click any item to see why it's important. Red icons indicate highest priority items that should not be missed.

Property Discussion

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