NOT LISTED FOR SALE

1558 Farningham Ln Burlington, NC 27215

East Burlington Neighborhood

Estimated Value: $217,000 - $247,000

3 Beds
2 Baths
1,063 Sq Ft
$222/Sq Ft Est. Value

Last Sold March 14, 2017

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

Est. 102% increase in value since last sale

Current estimated payment $1,322/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

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

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
$234,822

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,422
Avg. Annual Appreciation
8.32%
Original Mortgage
$114,291
Outstanding Balance
$94,644
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$141,711
Source: Public Records
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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 $114,291
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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

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Map

Source: Alamance Multiple Listing Service

MLS Number: 93198

APN: 132660

North Carolina Alamance County Burlington 27215 East Burlington

1558 Farningham Ln, Burlington, NC

Not Listed for Sale

Detached

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