NOT LISTED FOR SALE

1548 Morgantown Rd Burlington, NC 27217

North Burlington Neighborhood

Estimated Value: $143,000 - $193,815

3 Beds
1 Bath
1,300 Sq Ft
$124/Sq Ft Est. Value

Last Sold May 21, 2024

Last sale price $143,000 $110 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $870/month

12 Days on Market

Highlights

  • 1.98 Acre Lot
  • Porch
  • Floor Furnace
  • No HOA

About This Home

As of May 2024

This cozy 3 bedroom, 1 bathroom house has a lot of potential waiting to be unlocked. Sitting on a little under an acre. While it will require a little TLC, the possibilities are endless. Don’t miss out on this opportunity! *Offer deadline for May 1st at 11am *1548 Morgantown Rd is being sold with Parcel #140296 (.761 acres) this is reflected in the list price. *Property is being Sold As- Is in it’s current condition

Last Agent to Sell the Property

Yentell James

The Headley Group Realty License #332353 Listed on: 04/23/2024

Last Buyer's Agent

NONMEMBER NONMEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $530

Year Built

  • Built in 1950

Lot Details

  • 1.98 Acre Lot
  • Property is zoned R6

Parking

  • Gravel Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,228 Sq Ft Home
  • 1,100-1,300 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Utilities

  • Floor Furnace
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 140297
  • 0% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$530

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 1.98
  • Subdivision Name: None
  • Directions: Once you arrive, drive down the driveway and the property will be on your right. Schedule showings via ShowingTime.
  • Above Grade Finished Sq Ft: 1228
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1950
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1100 - 1300
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1228
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

  • Pool Features: None
  • Exclusions: Sold As-Is. Nothing Will Be Removed.
  • Construction Type: Vinyl Siding
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Parking Features: Gravel

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Floor Furnace, Oil
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Oil
  • Water Heater: Gas

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 140297
  • Zoning: R6
  • TRIADMLS_AcresRange: 2 - 2

Tax Info

  • Tax Annual Amount: 530.09
  • Tax Year: 2023
  • TRIADMLS_TaxRate: 0.432

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2024
Closed on
May 14, 2024
Sold by
Reeves Iris G and Reeves Norman
Bought by
Tekton Build Llc
Seller's Agent
Yentell James
The Headley Group Realty
Buyer's Agent
NONMEMBER NONMEMBER
List Price
$125,000
Sold Price
$143,000
Premium/Discount to List
$18,000
14.4%
Views
110
Current Estimated Value
$161,204

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,204
Avg. Annual Appreciation
8.68%

Purchase Details

Closed on
Jan 1, 1990
Bought by
Morgan Margaret H
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
Tekton Build Llc $143,000 None Listed On Document
Morgan Margaret H -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/21/2024 05/21/24 Sold $143,000 +14.4% $130 / Sq Ft
05/06/2024 05/06/24 Pending -- -- --
04/23/2024 04/23/24 For Sale $125,000 -- $114 / 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 $258 $52,133 $52,133 $0
2024 $578 $123,322 $52,133 $71,189
2023 $1,124 $123,322 $52,133 $71,189
2022 $545 $43,889 $15,780 $28,109
2021 $549 $43,889 $15,780 $28,109
2020 $553 $43,889 $15,780 $28,109
2019 $555 $43,889 $15,780 $28,109
2018 $261 $43,889 $15,780 $28,109
2017 $253 $43,889 $15,780 $28,109
2016 $907 $78,147 $26,722 $51,425
2015 $451 $78,147 $26,722 $51,425
2014 -- $78,147 $26,722 $51,425
Source: Public Records

Agents Affiliated with this Home

  • Y

    Seller's Agent in 2024

    Yentell James

    The Headley Group Realty

    (240) 210-2985

    2 in this area

    12 Total Sales

    Yentell James
    Section Image

  • N

    Buyer's Agent in 2024

    NONMEMBER NONMEMBER

See All Agents

Map

Source: Triad MLS

MLS Number: 1140038

Triad MLS

APN: 140297

North Carolina Alamance County Burlington 27217 North Burlington

1548 Morgantown Rd, Burlington, NC

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