NOT LISTED FOR SALE

1605 Elder Way Burlington, NC 27215

East Burlington Neighborhood

Estimated Value: $330,000 - $349,119

3 Beds
3 Baths
2,100 Sq Ft
$162/Sq Ft Est. Value

Last Sold May 05, 2021

Last sale price $250,000 $119 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $1,945/month

19 Days on Market

Highlights

  • 0.66 Acre Lot
  • No HOA
  • Central Air

About This Home

As of May 2021

Newly remodeled 3 bedroom, two bath ranch house in a great location near I-85/40 off Chapel Hill Road. Huge yard one level living, this home has a great backyard patio. Too many updates to list please see the attachment for these. This property is part of a "Hollywood Flip Realty Show".

Last Agent to Sell the Property

Tami Koury

Keller Williams Central License #308754 Listed on: 03/13/2021

Keller Williams Central

Last Buyer's Agent

Beth Glidewell

Keller Williams Central License #280235

Keller Williams Central

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,741

Year Built

  • Built in 1958

Lot Details

  • 0.66 Acre Lot
  • Lot Dimensions are 82 x 286 x 116 x 284

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,938 Sq Ft Home
  • 1,700-2,100 Sq Ft Home
  • Property has 1 Level
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Elder Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 122522
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,741

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.655
  • Lot Size: 82 x 286 x 116 x 284
  • Subdivision Name: Elder Heights
  • Directions: From S. Church St., turn Right on Chapel Hill Rd., Right on Elder Way. 1605 Elder Way is on the Right.
  • Above Grade Finished Sq Ft: 1938
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1958
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1700 - 2100
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Has Basement: Crawl Space
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 1938
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Lot Features: City Lot
  • Pool Features: None
  • Construction Type: Brick
  • TRIADMLS_PoolYN: No

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Heat Pump, Electric, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric, Natural Gas
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 122522
  • Zoning: Residential
  • TRIADMLS_PricePerAcre: 410687.0229
  • TRIADMLS_DeedPage: 234
  • TRIADMLS_DeedBook: 4017
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 1741
  • Tax Year: 2021
  • TRIADMLS_TaxRate: 1.27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2021
Closed on
May 11, 2021
Sold by
Davis Melissa D
Bought by
Pessoa Joyce L
Seller's Agent
Tami Koury
Keller Williams Central
Buyer's Agent
Beth Glidewell
Keller Williams Central
List Price
$279,000
Sold Price
$250,000
Premium/Discount to List
-$29,000
-10.39%
Current Estimated Value
$339,530

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,530
Avg. Annual Appreciation
7.35%
Original Mortgage
$200,000
Outstanding Balance
$181,635
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$159,441

Purchase Details

Listed on
May 7, 2020
Closed on
Jul 2, 2020
Sold by
Florence Joshua Kaleb
Bought by
Davis Melissa D
Seller's Agent
Terri S Jones
Jones Realty Group
Buyer's Agent
Dino Stewart
EXP REALTY OF PIEDMONT NC LLC
List Price
$168,000
Sold Price
$166,000
Premium/Discount to List
-$2,000
-1.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
62.82%
Original Mortgage
$149,400
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 8, 2016
Sold by
Crotts Paul B and Crotts Paula K
Bought by
Florence Joshua Kaleb

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,200
Interest Rate
3.66%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 31, 2013
Sold by
Crotts David F
Bought by
Crotts George B
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
Pessoa Joyce L $250,000 None Available
Davis Melissa D $166,000 None Available
Florence Joshua Kaleb $85,000 Attorney
Crotts George B $94,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pessoa Joyce L $200,000
Previous Owner Davis Melissa D $149,400
Previous Owner Florence Joshua Kaleb $65,200
Previous Owner Florence Joshua Kaleb $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2021 05/05/21 Sold $250,000 -10.4% $147 / Sq Ft
04/02/2021 04/02/21 Pending -- -- --
03/13/2021 03/13/21 For Sale $279,000 +68.1% $164 / Sq Ft
07/02/2020 07/02/20 Sold $166,000 -1.2% $103 / Sq Ft
05/27/2020 05/27/20 Pending -- -- --
05/07/2020 05/07/20 For Sale $168,000 -- $104 / 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 $1,827 $369,781 $41,527 $328,254
2024 $1,734 $369,781 $41,527 $328,254
2023 $3,369 $369,781 $41,527 $328,254
2022 $1,701 $137,096 $37,237 $99,859
2021 $1,715 $137,096 $37,237 $99,859
2020 $1,729 $137,096 $37,237 $99,859
2019 $1,733 $137,096 $37,237 $99,859
2018 $815 $137,096 $37,237 $99,859
2017 $791 $137,096 $37,237 $99,859
2016 $1,541 $132,832 $37,237 $95,595
2015 $767 $132,832 $37,237 $95,595
2014 $701 $132,977 $37,237 $95,740
Source: Public Records

Agents Affiliated with this Home

  • Tami Koury

    Seller's Agent in 2021

    Tami Koury

    Keller Williams Central

    (336) 260-5111

    23 in this area

    147 Total Sales

    Tami Koury
    Section Image
  • Beth Glidewell

    Buyer's Agent in 2021

    Beth Glidewell

    Keller Williams Central

    (336) 269-0269

    5 in this area

    144 Total Sales

    Beth Glidewell
    Section Image
  • Terri S Jones

    Seller's Agent in 2020

    Terri S Jones

    Jones Realty Group

    (336) 263-2696

    4 in this area

    17 Total Sales

    Terri S Jones
    Section Image
  • Dino Stewart

    Buyer's Agent in 2020

    Dino Stewart

    EXP REALTY OF PIEDMONT NC LLC

    (336) 261-8302

    2 in this area

    88 Total Sales

    Dino Stewart
    Section Image
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Map

Source: Triad MLS

MLS Number: 1015520

Triad MLS

APN: 122552

North Carolina Alamance County Burlington 27215 East Burlington

1605 Elder Way, Burlington, NC

This home is located at 1605 Elder Way, Burlington, NC 27215 since 13 March 2021 and is currently estimated at $339,530, approximately $161 per square foot. This property was built in 1958. 1605 Elder Way 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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