1516 Cherry Dr Burlington, NC 27215
West Burlington NeighborhoodEstimated Value: $241,000 - $440,000
4
Beds
3
Baths
3,046
Sq Ft
$122/Sq Ft
Est. Value
About This Home
This home is located at 1516 Cherry Dr, Burlington, NC 27215 and is currently estimated at $370,479, approximately $121 per square foot. 1516 Cherry Dr is a home located in Alamance County with nearby schools including Marvin B. Smith Elementary School, Turrentine Middle School, and Walter M. Williams High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 24, 2024
Sold by
Summers Dana L and Summers Rene B
Bought by
Summers Family Trust and Summers
Current Estimated Value
Purchase Details
Closed on
Jan 13, 2000
Sold by
Harris Myra Morris
Bought by
Summers Dana L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
7.88%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Summers Family Trust | -- | None Listed On Document | |
| Summers Dana L | $225,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Summers Dana L | $170,000 |
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 | $2,017 | $408,273 | $40,000 | $368,273 |
| 2024 | $1,915 | $408,273 | $40,000 | $368,273 |
| 2023 | $1,764 | $408,273 | $40,000 | $368,273 |
| 2022 | $2,748 | $221,386 | $35,000 | $186,386 |
| 2021 | $2,778 | $222,054 | $35,000 | $187,054 |
| 2020 | $2,800 | $222,054 | $35,000 | $187,054 |
| 2019 | $2,807 | $222,054 | $35,000 | $187,054 |
| 2018 | $1,320 | $222,054 | $35,000 | $187,054 |
| 2017 | $1,281 | $222,054 | $35,000 | $187,054 |
| 2016 | $2,534 | $218,468 | $35,000 | $183,468 |
| 2015 | $1,261 | $218,468 | $35,000 | $183,468 |
| 2014 | $1,152 | $218,468 | $35,000 | $183,468 |
Source: Public Records
Map
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