$40,000
SOLD OCT 22, 2024

0.255 acres on Gilmer St Burlington, NC 27217

East Burlington Neighborhood
0.26 Acre
$156,863 Price per Acre
11,108 Sq Ft Lot

Recently Sold

20% Below List Price

8 Days on Market

About This Lot

As of October 2024

An amazing opportunity awaits! Rare opportunity to acquire a residential building lot, which is also approved for a Duplex, per City of Burlington, as it meets the 10,000 sf minimum lot size requirement. Water and sewer are available at the street. This listing is for the trapezoidal Lot 3 on the attached Survey/Plat map. Lot 4 is also listed for sale at this time if you are interested in acquiring both lots! Set Backs: 30' Front; 25' Rear; 10' each Side as shown on the attached Survey/Plat Map. Buyer is encouraged to verify current City of Burlington zoning regulations with the City. The lot is super convenient to everything so don't dawdle as an opportunity like this will not last long!

Last Agent to Sell the Property

Bryan Guarnieri

COLDWELL BANKER - HP&W License #299470 Listed on: 08/22/2024

COLDWELL BANKER - HP&W

Last Buyer's Agent

NONMEMBER NONMEMBER

Property Details

Property Type

  • Land

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 86.47 x 166.39 x 50.45 x 162.48
  • Property is zoned R 9

Schools

  • Broadview Middle School
  • Hugh M. Cummings High School

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number Part of 136965 & 136969

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Land
  • Lot Size Acres: 0.255
  • Lot Size: 86.47 x 166.39 x 50.45 x 162.48
  • Road Frontage Type: 2-Lane, Public
  • Directions: Lot is located on Gilmer Street directly behind 801 N Mebane St and 805 N Mebane St. See attached Survey/Plat map for clarification and look for the For Sale sign.
  • TRIADMLS_CityLimitsYN: Yes
  • Special Features: None

Interior Features

  • Possible Use: See Remarks, Single Family

Exterior Features

  • Lot Features: City Lot

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Eastlawn
  • High School: Hugh M. Cummings
  • Middle Or Junior School: Broadview

Lot Info

  • Parcel #: Part of 136965 & 136969
  • Zoning: R 9
  • TRIADMLS_PricePerAcre: 156862.7451
  • TRIADMLS_PlatPage: 489
  • TRIADMLS_DeedPage: 87
  • TRIADMLS_DeedBook: 3580
  • TRIADMLS_PlatBook: 84

Tax Info

  • Tax Lot: 3
  • Tax Year: 2023

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
10/22/2024 10/22/24 Sold $40,000 -20.2% --
08/30/2024 08/30/24 Pending -- -- --
08/22/2024 08/22/24 For Sale $50,100 -- --
Source: Triad MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Bryan Guarnieri

    Seller's Agent in 2024

    Bryan Guarnieri

    COLDWELL BANKER - HP&W

    (984) 204-7107

    24 in this area

    227 Total Sales

    Bryan Guarnieri
    Section Image

  • N

    Buyer's Agent in 2024

    NONMEMBER NONMEMBER

See All Agents

Map

Source: Triad MLS

MLS Number: 1152549

Triad MLS
North Carolina Alamance County Burlington 27217 East Burlington

0.255 acres on Gilmer St, Burlington, NC

This home is located at 0.255 acres on Gilmer St, Burlington, NC 27217 and is currently priced at $40,000. 0.255 acres on Gilmer St is a home located in Alamance County with nearby schools including Eastlawn Elementary School, Broadview Middle School, and Hugh M. Cummings High School.

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