1002 Louis St Burlington, NC 27217
North Burlington Neighborhood
3
Beds
1
Bath
1,222
Sq Ft
8,494
Sq Ft Lot
Highlights
- Ranch Style House
- Cooling Available
- Carpet
- No HOA
- Ceiling Fan
- Wall Furnace
About This Home
As of July 2025This is an opportunity to own a corner, fenced lot property in an emerging town. Owner MUST sell quickly, AS-IS, and cannot make ANY repairs. Ideal buyer will pay with cash as the home will not qualify for a loan. Significant repair work will be neccessary to regain its charm. Are you up to it? Please bring your best offer right away!
Last Agent to Sell the Property
L.Harris Realty, LLC License #195624 Listed on: 05/29/2025
Last Buyer's Agent
Latrice Harris
Keller Williams Realty
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $504
Year Built
- Built in 1961
Lot Details
- 8,494 Sq Ft Lot
Home Design
- Ranch Style House
- Brick Foundation
- Shingle Roof
Interior Spaces
- 1,222 Sq Ft Home
- Ceiling Fan
- Basement
- Crawl Space
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Parking
- 2 Parking Spaces
- 2 Open Parking Spaces
Schools
- R Homer Andrews Elementary School
- Broadview Middle School
- Hugh Cummings High School
Utilities
- Cooling Available
- Wall Furnace
Community Details
- No Home Owners Association
- Richmond Heights Subdivision
Listing and Financial Details
- Foreclosure
- Assessor Parcel Number 138016
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 29, 2025
Closed on
Jul 10, 2025
Sold by
Art Of We Development Llc
Bought by
Racf Llc
Seller's Agent
Latrice Harris
L.Harris Realty, LLC
Buyer's Agent
Latrice Harris
L.Harris Realty, LLC
List Price
$90,000
Sold Price
$70,000
Premium/Discount to List
-$20,000
-22.22%
Views
9
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1246.44%
Original Mortgage
$158,500
Outstanding Balance
$158,500
Interest Rate
6.89%
Mortgage Type
Construction
Estimated Equity
-$65,323
Purchase Details
Listed on
May 29, 2025
Closed on
Jul 8, 2025
Sold by
Randolph Glenda and Medley Ernest
Bought by
Art Of We Development Llc
Seller's Agent
Latrice Harris
L.Harris Realty, LLC
Buyer's Agent
Latrice Harris
L.Harris Realty, LLC
List Price
$90,000
Sold Price
$70,000
Premium/Discount to List
-$20,000
-22.22%
Views
9
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,500
Outstanding Balance
$158,500
Interest Rate
6.89%
Mortgage Type
Construction
Estimated Equity
-$65,323
Purchase Details
Closed on
Jan 1, 1990
Bought by
Medley Lula Heirs
Similar Homes in Burlington, NC
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $88,000 | None Listed On Document | |
| Warranty Deed | $88,000 | None Listed On Document | |
| Warranty Deed | $70,000 | None Listed On Document | |
| Warranty Deed | $70,000 | None Listed On Document | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $158,500 | Construction | |
| Closed | $158,500 | Construction | |
| Previous Owner | $62,118 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $55,250 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/11/2025 07/11/25 | Sold | $70,000 | -22.2% | $57 / Sq Ft |
| 05/29/2025 05/29/25 | Pending | -- | -- | -- |
| 05/29/2025 05/29/25 | For Sale | $90,000 | -- | $74 / Sq Ft |
Source: Doorify MLS
Tax History Compared to Growth
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 | $507 | $108,000 | $19,000 | $89,000 |
| 2023 | $984 | $108,000 | $19,000 | $89,000 |
| 2022 | $575 | $46,311 | $10,000 | $36,311 |
| 2021 | $579 | $46,311 | $10,000 | $36,311 |
| 2020 | $584 | $46,311 | $10,000 | $36,311 |
| 2019 | $586 | $46,311 | $10,000 | $36,311 |
| 2018 | $275 | $46,311 | $10,000 | $36,311 |
| 2017 | $545 | $46,311 | $10,000 | $36,311 |
| 2016 | $690 | $59,444 | $11,500 | $47,944 |
| 2015 | $343 | $59,444 | $11,500 | $47,944 |
| 2014 | $313 | $59,444 | $11,500 | $47,944 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
Latrice Harris
L.Harris Realty, LLC
(919) 599-9694
1 in this area
35 Total Sales
Map
Source: Doorify MLS
MLS Number: 10099207
APN: 138016
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