NOT LISTED FOR SALE

1023 Washington St Burlington, NC 27217

East Burlington Neighborhood

Estimated Value: $201,000 - $264,000

3 Beds
3 Baths
1,843 Sq Ft
$129/Sq Ft Est. Value

Last Sold April 07, 2017

Last sale price $45,000 $24 Per Sq Ft

Est. 406% increase in value since last sale

Current estimated payment $1,313/month

90 Days on Market

About This Home

As of April 2017

Great Rental/Investment Property, Interior Needs Updating, Downstairs Kitchen Has Been Reconstructed. Home Has 2 Units-Lower Unit Has 1Br & 2 Baths, Upper Unit Has 2Brs & 1 Bath. Vinyl & Wood Floors. Heating-Gas Space Heaters & Ample Parking. Note: This Property Has 1 Electrical Meter, Hookups For Both Units Available. May Be Able To Be Subdivided

Last Agent to Sell the Property

Bill Sandford

AHB Realty and Property Mgmt. License #234648 Listed on: 12/08/2016

Last Buyer's Agent

Bill Sandford

AHB Realty and Property Mgmt. License #234648 Listed on: 12/08/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $848

Year Built

  • 1929

Lot Details

  • 0.57 Acre Lot

Home Design

  • Duplex
  • Vinyl Siding

Utilities

  • No Cooling
  • Space Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 8875544203

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$848

Year Built

1929

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.57
  • Lot Size: 24960
  • Directions: Take S Mebane Street Towards Downtown, Turn Left Onto S Saint John St. 3Rd Right Onto Washington St. 1023 Washington St Is On The Right.
  • Structure Type: Other
  • Year Built: 1929
  • Property Sub Type Additional: Duplex
  • Special Features: None

Interior Features

  • Basement YN: No
  • Fireplace: No

Exterior Features

  • Construction Type: Fiberglass Siding, Vinyl Siding

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Space Heater
  • Heating Yn: Yes

Lot Info

  • Lot Size Sq Ft: 24960.0
  • Parcel #: 8875544203
  • Zoning Description: MFA

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2016
Closed on
Mar 30, 2017
Sold by
Halacheff Harold Richard and Halacheff Elizabeth
Bought by
Baker Douglas D
Seller's Agent
Bill Sandford
AHB Realty and Property Mgmt.
Buyer's Agent
Bill Sandford
AHB Realty and Property Mgmt.
List Price
$70,000
Sold Price
$45,000
Premium/Discount to List
-$25,000
-35.71%
Current Estimated Value
$227,916

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,916
Avg. Annual Appreciation
21.21%
Original Mortgage
$30,000
Outstanding Balance
$25,225
Interest Rate
4.16%
Mortgage Type
Seller Take Back
Estimated Equity
$199,906
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Baker Douglas D $45,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baker Douglas D $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2017 04/07/17 Sold $45,000 -35.7% $24 / Sq Ft
03/08/2017 03/08/17 Pending -- -- --
12/08/2016 12/08/16 For Sale $70,000 -- $38 / 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
2024 $848 $180,831 $23,722 $157,109
2023 $781 $180,831 $23,722 $157,109
2022 $503 $84,600 $15,730 $68,870
2021 $1,058 $84,600 $15,730 $68,870
2020 $1,067 $84,600 $15,730 $68,870
2019 $1,070 $84,600 $15,730 $68,870
2018 $503 $84,600 $15,730 $68,870
2017 $488 $84,600 $15,730 $68,870
2016 $976 $84,156 $15,730 $68,426
2015 $486 $84,156 $15,730 $68,426
2014 $444 $84,156 $15,730 $68,426
Source: Public Records

Agents Affiliated with this Home

  • Bill Sandford

    Seller's Agent in 2017

    Bill Sandford

    AHB Realty and Property Mgmt.

    (336) 580-4282

    32 in this area

    119 Total Sales

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Map

Source: Alamance Multiple Listing Service

MLS Number: 93796

APN: 138241

North Carolina Alamance County Burlington 27217 East Burlington

1023 Washington St, Burlington, NC

This home is located at 1023 Washington St, Burlington, NC 27217 since 08 December 2016 and is currently estimated at $237,322, approximately $128 per square foot. This property was built in 1929. 1023 Washington 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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