NOT LISTED FOR SALE

1558 Farningham Ln Burlington, NC 27215

East Burlington Neighborhood

Estimated Value: $234,000 - $253,000

3 Beds
2 Baths
1,063 Sq Ft
$228/Sq Ft Est. Value

Last Sold March 14, 2017

Last sale price $116,400 $110 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $1,397/month

132 Days on Market

Highlights

  • Vaulted Ceiling
  • Patio
  • Landscaped
  • Cooling Available
  • Outdoor Storage
  • Carpet

About This Home

As of March 2017

Fabulous New Construction Home On A Cul-De-Sac Street At The Center Of Burlington Close To The Interstate, Shopping & Restaurants! Open Living & Dining Room With Vaulted Ceiling. Kitchen W/Pantry. Master W/Walk-In Closet. Master Bath W/Double Vanity. Patio 10X10 & 6X6 Storage Room In Back. Lg. Back Yard With Plenty Of Room For Kids And/Or Pets. Make This Your Home Today!

Last Agent to Sell the Property

Default Firm Record

Allen Tate/Burlington Listed on: 10/03/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,272

Year Built

  • 2016

Lot Details

  • 9,583 Sq Ft Lot
  • Landscaped
  • Irregular Lot

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Vaulted Ceiling
  • Washer Hookup

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Parking Pad
  • Paved Parking

Outdoor Features

  • Patio
  • Outdoor Storage

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 8874278565

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,272

Year Built

2016

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.22
  • Lot Size: 9453
  • Directions: North On Maple Ave (Hwy 49N), Left On Arden St., Right On Farningham, Home On Right
  • Architectural Style: Ranch
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 2016
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Electric Range
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Other, Pantry, Vaulted Ceiling(s)

Exterior Features

  • Lot Features: Irregular Lot, Landscaped
  • Construction Type: Vinyl Siding
  • Foundation Details: Slab
  • Other Structures: Storage
  • Patio And Porch Features: Patio

Garage/Parking

  • Parking Features: Paved, Parking Pad

Utilities

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

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Parcel #: 8874278565
  • Zoning Description: SFR

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2016
Closed on
Mar 7, 2017
Sold by
Concept Builders Inc A North Carolina Co
Bought by
Martinez Jorge Luis and Zamarripa Yadira
Seller's Agent
Default Firm Record
Allen Tate/Burlington
List Price
$114,900
Sold Price
$116,400
Premium/Discount to List
$1,500
1.31%
Current Estimated Value
$242,315

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,915
Avg. Annual Appreciation
8.85%
Original Mortgage
$114,291
Interest Rate
4.12%
Mortgage Type
FHA
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
Martinez Jorge Luis $117,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Jorge Luis $108,000
Closed Martinez Jorge Luis $114,291
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2017 03/14/17 Sold $116,400 +1.3% $110 / Sq Ft
02/12/2017 02/12/17 Pending -- -- --
10/03/2016 10/03/16 For Sale $114,900 -- $108 / 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
2025 $1,272 $257,511 $22,000 $235,511
2024 $1,171 $249,715 $22,000 $227,715
2023 $1,079 $249,715 $22,000 $227,715
2022 $1,502 $121,060 $20,000 $101,060
2021 $1,514 $121,060 $20,000 $101,060
2020 $1,527 $121,060 $20,000 $101,060
2019 $1,518 $120,060 $20,000 $100,060
2018 $714 $120,060 $20,000 $100,060
2017 $1,413 $120,060 $20,000 $100,060
2016 $197 $17,000 $17,000 $0
2015 $98 $17,000 $17,000 $0
2014 -- $17,000 $17,000 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2017

    Default Firm Record

    Allen Tate/Burlington

See All Agents

Map

Source: Alamance Multiple Listing Service

MLS Number: 93198

APN: 132660

North Carolina Alamance County Burlington 27215 East Burlington

1558 Farningham Ln, Burlington, NC

This home is located at 1558 Farningham Ln, Burlington, NC 27215 since 03 October 2016 and is currently estimated at $242,315, approximately $227 per square foot. This property was built in 2016. 1558 Farningham Ln is a home located in Alamance County with nearby schools including Harvey R. Newlin Elementary School, Graham Middle School, and Graham High School.

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