NOT LISTED FOR SALE

1602 Melody Ln Burlington, NC 27215

West Burlington Neighborhood

Estimated Value: $101,000 - $157,006

2 Beds
1 Bath
672 Sq Ft
$205/Sq Ft Est. Value

Last Sold November 14, 2023

Last sale price $140,000 $208 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $789/month

19 Days on Market

About This Home

As of November 2023

Charming starter home or investment opportunity! With a spacious enclosed backyard and plenty of storage, this 2 bedroom 1 bath could be a great starter home. Previous owners took pride in their yard and it shows. Several storage buildings with electrical and ac. New roof installed on 08/29/23. *** Competitive Multiple Offer Situation - Please have offers in by Saturday, September 2nd @ 5pm ***

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $469

Year Built

  • 1935

Lot Details

  • 7,050 Sq Ft Lot

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Alamance - Walter Williams High School

Listing and Financial Details

  • Assessor Parcel Number 124291

Home Details

Home Type

Single Family

Est. Annual Taxes

$469

Year Built

1935

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Lot Size Acres: 0.16
  • Directions: From Burlington, Take Webb Ave To Hawthorne Lane, Take Right Onto Melody Lane, Home Is On Corner Of Melody Lane & Garfield Road.
  • Year Built: 1935
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Schools

  • High School: Alamance - Walter Williams

Lot Info

  • Lot Size Sq Ft: 7050.0
  • Parcel #: 124291
  • Zoning Description: Res

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 22, 2025
Sold by
Pauley Leslie L
Bought by
Pauley Trust and Pauley
Current Estimated Value
$136,960

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Outstanding Balance
$95,000
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$43,002

Purchase Details

Listed on
Aug 30, 2023
Closed on
Nov 14, 2023
Sold by
Jsj Properties
Bought by
Pauley Leslie L
List Price
$130,000
Sold Price
$140,000
Premium/Discount to List
$10,000
7.69%
Views
134

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.82%
Original Mortgage
$105,000
Interest Rate
7.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 25, 2023
Sold by
Taylor Yvonne V and Taylor Billy Joe
Bought by
Jsj Properties
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
Pauley Trust -- None Listed On Document
Pauley Trust -- None Listed On Document
Pauley Leslie L $140,000 None Listed On Document
Jsj Properties $60,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pauley Trust $95,000
Closed Pauley Trust $95,000
Previous Owner Pauley Leslie L $105,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2023 11/14/23 Sold $140,000 +7.7% $208 / Sq Ft
09/18/2023 09/18/23 Pending -- -- --
08/30/2023 08/30/23 For Sale $130,000 -- $193 / 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 $469 $100,030 $18,000 $82,030
2023 $911 $100,030 $18,000 $82,030
2022 $582 $46,889 $15,000 $31,889
2021 $587 $46,889 $15,000 $31,889
2020 $591 $46,889 $15,000 $31,889
2019 $593 $46,889 $15,000 $31,889
2018 $279 $46,889 $15,000 $31,889
2017 $552 $46,889 $15,000 $31,889
2016 $587 $50,598 $20,000 $30,598
2015 $298 $51,626 $20,000 $31,626
2014 -- $51,626 $20,000 $31,626
Source: Public Records

Map

Source: Alamance Multiple Listing Service

MLS Number: 128426

APN: 124291

North Carolina Alamance County Burlington 27215 West Burlington

1602 Melody Ln, Burlington, NC

This home is located at 1602 Melody Ln, Burlington, NC 27215 since 30 August 2023 and is currently estimated at $138,002, approximately $205 per square foot. This property was built in 1935. 1602 Melody Ln is a home located in Alamance County with nearby schools including Hillcrest Elementary School, Turrentine Middle School, and Walter M. Williams High School.

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