NOT LISTED FOR SALE

Estimated Value: $171,000 - $228,000

3 Beds
2 Baths
1,469 Sq Ft
$136/Sq Ft Est. Value

Last Sold June 18, 2024

Last sale price $167,000 $114 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,049/month

71 Days on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • Carpet

About This Home

As of June 2024

Great duplex located in the heart of Burlington Downtown area! Both units include large living area, bedroom, full bath, kitchen and laundry. Spacious front porch and low maintenance yard! Long term tenants in place in both units with excellent rental history.

Last Agent to Sell the Property

Jennifer Blythe

Blythe Real Estate Services License #239889 Listed on: 02/16/2024

Last Buyer's Agent

NONMEMBER NONMEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,462

Year Built

  • Built in 1939

Lot Details

  • 6,186 Sq Ft Lot
  • Lot Dimensions are 65 x 96 x 66 x 91

Home Design

  • Duplex
  • Brick Exterior Construction

Flooring

  • Carpet
  • Vinyl

Schools

  • Turrentine Middle School
  • Williams High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 126743
  • 1% Total Tax Rate

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • 1,469 Sq Ft Building

Building Details

  • 2 Leased Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,462

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.142
  • Lot Size: 65 x 96 x 66 x 91
  • Road Surface Type: Paved
  • Directions: From Front St. Left on Tarpley, Rt. on Webb Ave, and Rt. on Brooks. Home on Rt.
  • Architectural Style: Garden
  • Year Built: 1939
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 0 - 0
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_AdCopy: Great duplex located in the heart of Burlington Downtown area! Both units include large living area, bedroom, full bath, kitchen and laundry. Spacious front porch and low maintenance yard! Long term renters in place with excellent rental history.
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Flooring: Carpet, Vinyl
  • TRIADMLS_ApproxSqFtRange: 1300 - 1600
  • Basement YN: No

Exterior Features

  • Pool Features: None
  • Construction Type: Brick
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Parking Features: On Street

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Washer Hookup
  • Cooling: Window Unit(s)
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Hillcrest
  • High School: Williams
  • Middle Or Junior School: Turrentine

Lot Info

  • Parcel #: 126743
  • Zoning: MF
  • TRIADMLS_PricePerAcre: 1176056.338
  • TRIADMLS_PlatPage: 0031
  • TRIADMLS_DeedPage: 0709
  • TRIADMLS_DeedBook: 3985
  • TRIADMLS_PlatBook: 001
  • TRIADMLS_AcresRange: 0 - 0

Green Features

  • TRIADMLS_EnvironmentalHazards: No

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Number Of Units Leased: 2

Tax Info

  • Tax Annual Amount: 1462
  • Tax Year: 2023
  • TRIADMLS_TaxRate: 0.912

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2024
Closed on
Jun 4, 2024
Sold by
Dream Work Investments Llc
Bought by
Kng Real Estate Llc
Seller's Agent
Jennifer Blythe
Blythe Real Estate Services
Buyer's Agent
NONMEMBER NONMEMBER
List Price
$189,000
Sold Price
$167,000
Premium/Discount to List
-$22,000
-11.64%
Views
89
Current Estimated Value
$185,759

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,759
Avg. Annual Appreciation
16.95%
Original Mortgage
$125,250
Outstanding Balance
$124,240
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$75,074

Purchase Details

Closed on
Mar 17, 2020
Sold by
Wells Alex D and Wells Dianne B
Bought by
Dream Work Investments Llc

Purchase Details

Closed on
Apr 16, 2019
Sold by
Pugh Quince
Bought by
Wells Alex D and Wells Dianne B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 15, 2010
Sold by
Cove Properties Llc
Bought by
Wells Dianne B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,000
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 28, 2002
Sold by
Oertel Geoffrey K
Bought by
Whitt Benjamin E
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
Kng Real Estate Llc $167,000 None Listed On Document
Dream Work Investments Llc -- None Available
Wells Alex D $55,000 Attorney
Wells Dianne B $40,000 --
Whitt Benjamin E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kng Real Estate Llc $125,250
Previous Owner Wells Alex D $70,000
Previous Owner Wells Dianne B $32,000
Previous Owner Cove Prop Llc $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2024 06/18/24 Sold $167,000 -11.6% $114 / Sq Ft
04/28/2024 04/28/24 Pending -- -- --
04/02/2024 04/02/24 Price Changed $189,000 0.0% $129 / Sq Ft
04/02/2024 04/02/24 For Sale $189,000 -3.1% $129 / Sq Ft
03/05/2024 03/05/24 Pending -- -- --
02/16/2024 02/16/24 For Sale $195,000 -- $133 / Sq Ft
Source: Triad MLS

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 $752 $160,439 $24,000 $136,439
2023 $693 $160,439 $24,000 $136,439
2022 $956 $77,029 $20,000 $57,029
2021 $961 $77,029 $20,000 $57,029
2020 $971 $77,029 $20,000 $57,029
2019 $974 $77,029 $20,000 $57,029
2018 $458 $77,029 $20,000 $57,029
2017 $907 $77,029 $20,000 $57,029
2016 $658 $56,710 $16,750 $39,960
2015 $327 $56,710 $16,750 $39,960
2014 -- $56,710 $16,750 $39,960
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1133360

Triad MLS

APN: 126743