NOT LISTED FOR SALE

1616 Elder Way Burlington, NC 27215

East Burlington Neighborhood

Estimated Value: $275,000 - $310,000

3 Beds
2 Baths
1,980 Sq Ft
$150/Sq Ft Est. Value

Last Sold March 28, 2013

Last sale price $131,500 $66 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $1,656/month

303 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Attached Garage
  • Ranch Style House
  • 1 Fireplace
  • Cooling Available

About This Home

As of March 2013

Kitchen Includes Breakfast Area. Nice Well Maintained Brick Ranch On Large Lot. Large Spacious Rooms Offer Plenty Of Living Space.

Last Agent to Sell the Property

Default Firm Record

Coldwell Banker Advantage-Burlington Listed on: 04/29/2012

Last Buyer's Agent

Tammy Fox

Re/MaxDiamond Realty

Home Details

Home Type

  • Single Family

Year Built

  • 1959

Lot Details

  • 0.5 Acre Lot
  • Irregular Lot

Parking

  • Attached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 1 Fireplace

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Outdoor Storage

Utilities

  • Cooling Available
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 8864956236

Home Details

Home Type

Single Family

Year Built

1959

Lot Details

0.5 Acres

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.5
  • Lot Size: .5
  • Directions: From I40/85 Take The Hwy 49 Exit...Right On 49N (Maple Ave) Left On Chapel Hill Rd. Left On Elder Way. Property On Left. Look For Sign.
  • Architectural Style: Ranch
  • Year Built: 1959
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Has Basement: Crawl Space
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Wood
  • Interior Amenities: Other

Exterior Features

  • Lot Features: Irregular Lot
  • Construction Type: Brick
  • Other Structures: Storage
  • Patio And Porch Features: Deck

Garage/Parking

  • Parking Features: Attached, Paved

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Parcel #: 8864956236
  • Zoning Description: res

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2012
Closed on
Mar 28, 2013
Sold by
Poole Robert N
Bought by
Romero Lisa G
Seller's Agent
Default Firm Record
Coldwell Banker Advantage-Burlington
Buyer's Agent
Tammy Fox
Re/MaxDiamond Realty
List Price
$139,500
Sold Price
$131,500
Premium/Discount to List
-$8,000
-5.73%
Current Estimated Value
$297,396

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,896
Avg. Annual Appreciation
6.49%
Original Mortgage
$134,300
Outstanding Balance
$95,012
Interest Rate
3.52%
Mortgage Type
VA
Estimated Equity
$202,384
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
Romero Lisa G $132,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Romero Lisa G $134,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2013 03/28/13 Sold $131,500 -5.7% $66 / Sq Ft
02/26/2013 02/26/13 Pending -- -- --
04/29/2012 04/29/12 For Sale $139,500 -- $70 / Sq Ft
Source: Alamance Multiple Listing Service

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 $1,310 $265,156 $36,505 $228,651
2024 $1,244 $265,156 $36,505 $228,651
2023 $2,416 $265,156 $36,505 $228,651
2022 $1,838 $148,132 $34,447 $113,685
2021 $1,853 $148,132 $34,447 $113,685
2020 $1,868 $148,132 $34,447 $113,685
2019 $1,873 $148,132 $34,447 $113,685
2018 $880 $148,132 $34,447 $113,685
2017 $855 $148,132 $34,447 $113,685
2016 $1,711 $147,486 $34,447 $113,039
2015 $851 $147,486 $34,447 $113,039
2014 $778 $147,486 $34,447 $113,039
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2013

    Default Firm Record

    Coldwell Banker Advantage-Burlington

  • T

    Buyer's Agent in 2013

    Tammy Fox

    RE/MAX

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Map

Source: Alamance Multiple Listing Service

MLS Number: 75987

APN: 122559

North Carolina Alamance County Burlington 27215 East Burlington

1616 Elder Way, Burlington, NC

Not Listed for Sale

Detached

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