NOT LISTED FOR SALE

1217 Grace Ave Burlington, NC 27217

East Burlington Neighborhood

Estimated Value: $143,000 - $161,000

2 Beds
1 Bath
1,200 Sq Ft
$127/Sq Ft Est. Value

Sale Details

Date Sold: October 27, 2021

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

Est. 50% increase in value since last sale

Current estimated payment $868 / mo

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

  • 20,473 Sq Ft 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

0.47 Acres

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_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
$152,931

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,931
Avg. Annual Appreciation
9.37%
Original Mortgage
$81,600
Outstanding Balance
$74,412
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$78,519

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
$78,519
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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

    299 Total Sales

    Alejandro Grundseth
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Map

Source: Triad MLS

MLS Number: 1043432

Triad MLS

APN: 138712

North Carolina Alamance County Burlington 27217 East Burlington

1217 Grace Ave, Burlington, NC

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