NOT LISTED FOR SALE

1018 Grace Ave Unit 102 Burlington, NC 27217

East Burlington Neighborhood

Estimated Value: $94,000 - $173,000

3 Beds
2 Baths
1,200 Sq Ft
$122/Sq Ft Est. Value

Last Sold September 25, 2019

Last sale price $45,000 $38 Per Sq Ft

Est. 225% increase in value since last sale

Current estimated payment $816/month

86 Days on Market

About This Home

As of September 2019

Great Investment Opportunity, Currently Rented Duplex With Large Yard, And Outdoor Storage Building.

Last Agent to Sell the Property

Michael Martin

Blythe Real Estate Services License #311502 Listed on: 05/09/2019

Last Buyer's Agent

Detra Cox

Keller Williams Central License #260682

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $442

Year Built

  • 1920

Lot Details

  • 9,714

Home Design

  • Duplex
  • Vinyl Siding

Additional Features

  • 9,714 Sq Ft Lot
  • No Cooling

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 8875532645

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$442

Year Built

1920

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.22
  • Lot Size: 9714
  • Directions: North On S. Church St. Turn Rt. On Lindsey, Rt. On Trade, Lt. On Main, Rt. On Holt, Slight Rt. On Ireland, Left On Grace, Duplex On Left
  • Structure Type: Other
  • Year Built: 1920
  • Property Sub Type Additional: Duplex
  • Special Features: None

Interior Features

  • Basement YN: No
  • Fireplace: No

Exterior Features

  • Construction Type: Vinyl Siding

Utilities

  • Cooling: None
  • Cooling Y N: No

Lot Info

  • Lot Size Sq Ft: 9714.0
  • Parcel #: 8875532645
  • Zoning Description: MF A

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2019
Closed on
Nov 12, 2019
Sold by
Smith Sharon
Bought by
Roses Of Sharon D Nc Inc
Seller's Agent
Michael Martin
Blythe Real Estate Services
Buyer's Agent
Detra Cox
Keller Williams Central
List Price
$50,000
Sold Price
$45,000
Premium/Discount to List
-$5,000
-10%
Current Estimated Value
$146,337

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,337
Avg. Annual Appreciation
23.27%
Original Mortgage
$33,750
Interest Rate
3.6%

Purchase Details

Listed on
May 9, 2019
Closed on
Sep 24, 2019
Sold by
Pacheco Jose Luis and Pacheco Paulette H
Bought by
Smith Sharon
Seller's Agent
Michael Martin
Blythe Real Estate Services
Buyer's Agent
Detra Cox
Keller Williams Central
List Price
$50,000
Sold Price
$45,000
Premium/Discount to List
-$5,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,750
Interest Rate
3.6%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Roses Of Sharon D Nc Inc -- None Available
Smith Sharon $45,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Sharon $33,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2019 09/25/19 Sold $45,000 -10.0% $38 / Sq Ft
08/03/2019 08/03/19 Pending -- -- --
05/09/2019 05/09/19 For Sale $50,000 -- $42 / Sq Ft
Source: Alamance Multiple Listing Service

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 $442 $89,528 $15,000 $74,528
2024 $420 $89,528 $15,000 $74,528
2023 $816 $89,528 $15,000 $74,528
2022 $566 $45,622 $15,000 $30,622
2021 $571 $45,622 $15,000 $30,622
2020 $575 $45,622 $15,000 $30,622
2019 $577 $45,622 $15,000 $30,622
2018 $271 $45,622 $15,000 $30,622
2017 $537 $45,622 $15,000 $30,622
2016 $537 $46,250 $15,000 $31,250
2015 $267 $46,250 $15,000 $31,250
2014 -- $46,250 $15,000 $31,250
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2019

    Michael Martin

    Blythe Real Estate Services

  • D

    Buyer's Agent in 2019

    Detra Cox

    Keller Williams Central

See All Agents

Map

Source: Alamance Multiple Listing Service

MLS Number: 103249

APN: 138177

North Carolina Alamance County Burlington 27217 East Burlington

1018 Grace Ave Unit 102, Burlington, NC

This home is located at 1018 Grace Ave Unit 102, Burlington, NC 27217 since 09 May 2019 and is currently estimated at $146,337, approximately $121 per square foot. This property was built in 1920. 1018 Grace Ave Unit 102 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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