NOT LISTED FOR SALE

Estimated Value: $283,176 - $310,000

3 Beds
2 Baths
1,604 Sq Ft
$183/Sq Ft Est. Value

Last Sold October 18, 2023

Last sale price $275,000 $171 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,698/month

7 Days on Market

Highlights

  • Wood Flooring
  • 1 Fireplace
  • Built-In Features
  • Attic
  • Attached Garage
  • Cooling Available

About This Home

As of October 2023

Welcome home to 1516 Greenwood Terrace! Nestled on a generously-sized corner lot in W. Burlington, this property boasts an array of exceptional features that will make it the perfect place to call home. Key features include - all brick exterior, 3BR's, 2 full baths, rear entry 2 car garage, hardwood & parquet floors throughout (no carpet), vinyl tilt replacement windows & crown molding. The spacious eat in kitchen features ample wood cabinetry with eat in bar open to a cozy sitting area with fireplace & built-ins. Enjoy your coffee or reading in the sunroom overlooking the tree lined back yard. Situated just minutes away from Downtown Burlington, Willowbrook & City Park, you'll have easy access to shopping, dining, and recreational activities, making this an ideal spot for both work and play. Whether you're a seasoned investor or a DIY enthusiast, this property offers the chance to transform it into a gem in a prime location! Sold as is.

Last Agent to Sell the Property

Tanya Wilson

eXp Realty, LLC - C License #259090 Listed on: 09/15/2023

eXp Realty, LLC - C

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,170

Year Built

  • 1961

Lot Details

  • 0.28 Acre Lot
  • Rectangular Lot

Parking

  • Attached Garage

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Built-In Features
  • 1 Fireplace
  • Insulated Windows
  • Pull Down Stairs to Attic
  • Washer Hookup

Kitchen

  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio

Schools

  • Alamance - Hillcrest Elementary School
  • Alamance - Turrentine Middle School
  • Alamance - Walter Williams High School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 123408

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,170

Year Built

1961

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.28
  • Directions: From W. Front Street turn on Inglewood, Right on Greenwood Terrace. Corner of Greenwood Terrace & Harriet Drive.
  • Architectural Style: Ranch
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1961
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Cooktop, Dishwasher, Gas Water Heater, Range
  • Has Basement: Crawl Space
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Wood
  • Interior Amenities: Attic, Built-in Features, Kitchen Island, Other, Pull Down Attic Stairs
  • Window Features: Insulated Windows

Exterior Features

  • Lot Features: Rectangular Lot
  • Construction Type: Brick, Vinyl Siding
  • Patio And Porch Features: Patio

Garage/Parking

  • Parking Features: Attached, Paved

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • Heating Yn: Yes

Schools

  • Elementary School: Alamance - Hillcrest
  • High School: Alamance - Walter Williams
  • Middle Or Junior School: Alamance - Turrentine

Lot Info

  • Lot Size Sq Ft: 12415.0
  • Parcel #: 123408
  • Zoning Description: Res

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2023
Closed on
Oct 18, 2023
Sold by
Springer Rebecca S
Bought by
Ryals Christopher M and Ryals Kayla Terrell
Seller's Agent
Tanya Wilson
eXp Realty, LLC - C
List Price
$275,000
Sold Price
$275,000
Views
81
Current Estimated Value
$293,544

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,544
Avg. Annual Appreciation
3.59%
Original Mortgage
$270,019
Interest Rate
7.12%
Mortgage Type
FHA
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
Ryals Christopher M $275,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ryals Christopher M $271,790
Closed Ryals Christopher M $270,019
Previous Owner Springer Arthur C $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2023 10/18/23 Sold $275,000 0.0% $171 / Sq Ft
09/22/2023 09/22/23 Pending -- -- --
09/15/2023 09/15/23 For Sale $275,000 -- $171 / 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 $1,170 $249,397 $30,000 $219,397
2023 $2,272 $249,397 $30,000 $219,397
2022 $1,688 $136,040 $35,000 $101,040
2021 $1,702 $136,040 $35,000 $101,040
2020 $1,715 $136,040 $35,000 $101,040
2019 $1,720 $136,040 $35,000 $101,040
2018 $809 $136,040 $35,000 $101,040
2017 $1,602 $136,040 $35,000 $101,040
2016 $1,561 $134,532 $35,000 $99,532
2015 $776 $134,532 $35,000 $99,532
2014 $709 $134,532 $35,000 $99,532
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alamance Multiple Listing Service

MLS Number: 128523

APN: 123408