NOT LISTED FOR SALE

1217 Grace Ave Burlington, NC 27217

East Burlington Neighborhood

Estimated Value: $135,000 - $163,561

2 Beds
1 Bath
1,200 Sq Ft
$129/Sq Ft Est. Value

Last Sold October 27, 2021

Last sale price $102,000 $85 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $877/month

4 Days on Market

About This Home

As of October 2021

SOLD AS IS

Last Agent to Sell the Property

Alejandro Grundseth

Alemay Realty Inc. License #236820 Listed on: 09/22/2021

Last Buyer's Agent

NONMEMBER NONMEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $506

Year Built

  • Built in 1939

Lot Details

  • 0.47 Acre Lot
  • Lot Dimensions are 100 x 202 x 97 x 214
  • Property is zoned MFA

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,130 Sq Ft Home
  • 1,000-1,200 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 138712
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$506

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.47
  • Lot Size: 100 x 202 x 97 x 214
  • Subdivision Name: None
  • Directions: S Mebane St Turn left onto Queen Ann St Turn right onto Grace Ave
  • Above Grade Finished Sq Ft: 1130
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1939
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1000 - 1200
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 1130
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Pool Features: None
  • Construction Type: Vinyl Siding
  • TRIADMLS_PoolYN: No

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 138712
  • Zoning: MFA
  • TRIADMLS_PricePerAcre: 189361.7021
  • TRIADMLS_DeedPage: 112
  • TRIADMLS_DeedBook: 4228
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 506
  • Tax Year: 2020
  • TRIADMLS_TaxRate: 0.63

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2021
Closed on
Oct 21, 2021
Sold by
J & K Property Investors Llc
Bought by
Mcdermott Thomas J and Mcdermott Margaret L
Seller's Agent
Alejandro Grundseth
Alemay Realty Inc.
Buyer's Agent
NONMEMBER NONMEMBER
Sold Price
$102,000
Current Estimated Value
$154,640

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,640
Avg. Annual Appreciation
11.02%
Original Mortgage
$81,600
Outstanding Balance
$74,412
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$80,228

Purchase Details

Listed on
Sep 22, 2021
Closed on
Sep 13, 2021
Sold by
Phillips Kestal Tyree
Bought by
J & K Property Investors Llc
Seller's Agent
Alejandro Grundseth
Alemay Realty Inc.
Buyer's Agent
NONMEMBER NONMEMBER
Sold Price
$102,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,600
Outstanding Balance
$74,412
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$80,228
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
Mcdermott Thomas J $102,000 None Available
J & K Property Investors Llc $57,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcdermott Thomas J $81,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2021 10/27/21 Sold $102,000 -- $102 / 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
2025 $683 $138,226 $19,499 $118,727
2024 $648 $138,226 $19,499 $118,727
2023 $1,259 $138,226 $19,499 $118,727
2022 $995 $80,198 $14,710 $65,488
2021 $502 $80,198 $14,710 $65,488
2020 $506 $80,198 $14,710 $65,488
2019 $507 $80,198 $14,710 $65,488
2018 $238 $80,198 $14,710 $65,488
2017 $231 $80,198 $14,710 $65,488
2016 $893 $76,989 $14,710 $62,279
2015 $224 $77,758 $14,710 $63,048
2014 -- $77,758 $14,710 $63,048
Source: Public Records

Agents Affiliated with this Home

  • Alejandro Grundseth

    Seller's Agent in 2021

    Alejandro Grundseth

    Alemay Realty Inc.

    (336) 423-6427

    2 in this area

    320 Total Sales

    Alejandro Grundseth
    Section Image

  • N

    Buyer's Agent in 2021

    NONMEMBER NONMEMBER

See All Agents

Map

Source: Triad MLS

MLS Number: 1043432

Triad MLS

APN: 138712

North Carolina Alamance County Burlington 27217 East Burlington

1217 Grace Ave, Burlington, NC

This home is located at 1217 Grace Ave, Burlington, NC 27217 since 22 September 2021 and is currently estimated at $154,640, approximately $128 per square foot. This property was built in 1939. 1217 Grace Ave is a home located in Alamance County with nearby schools including Eastlawn Elementary School, Broadview Middle School, and Hugh M. Cummings High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Triad MLS Copyright 2025 Triad MLS, Inc. All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. This site will be monitored for ‘scraping’ and any use of search facilities of data on the site other than by potential buyers/sellers is prohibited. All Sale data is for informational purposes only and is not an indication of a market analysis or appraisal. Properties marked with the Triad MLS, Inc. icon are provided courtesy of the Triad MLS, Inc.’s, Internet Data Exchange Database.

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