Seller's Agent in 2025
Joel Sivertsen
NorthGroup Real Estate
(919) 960-1915
4 in this area
132 Total Sales
1635 Elder Way Burlington, NC 27215
East Burlington Neighborhood
3
Beds
2
Baths
1,402
Sq Ft
0.65
Acres
Highlights
- 0.65 Acre Lot
- No HOA
- Forced Air Heating and Cooling System
About This Home
As of January 2025Charming Ranch-Style Home in Central Burlington
Welcome to 1635 Elderway Dr., a beautifully updated 3-bedroom, 2-bath ranch in a prime Burlington location. This home offers 1,402 sq ft of thoughtfully designed living space, perfect for relaxing and entertaining.
Inside, discover brand-new luxury vinyl plank (LVP) flooring throughout and an open floor plan. The chef's kitchen features quartz countertops, a stylish island with a waterfall edge, and ample storage. Whether hosting gatherings or enjoying a quiet meal, this kitchen impresses.
The private backyard is a peaceful retreat with lush trees and a tranquil creek. The front yard offers space for outdoor living, and the rear carport, driveway, and on-street parking provide convenience.
With its central location, you'll have easy access to all that Burlington offers. Don’t miss this opportunity to own a home with modern updates and timeless charm!
Last Agent to Sell the Property
NorthGroup Real Estate License #291927 Listed on: 10/10/2024
Last Buyer's Agent
NONMEMBER NONMEMBER
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,525
Year Built
- Built in 1957
Lot Details
- 0.65 Acre Lot
Parking
- Driveway
Home Design
- Brick Exterior Construction
Interior Spaces
- 1,402 Sq Ft Home
- Property has 1 Level
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Utilities
- Forced Air Heating and Cooling System
- Heat Pump System
- Gas Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 122526
- 0% Total Tax Rate
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 10, 2024
Closed on
Jan 3, 2025
Sold by
Jd Mcneil Properties Inc
Bought by
Cruz-Flores Edith and Camacho Jorge Luis
Seller's Agent
Joel Sivertsen
NorthGroup Real Estate
Buyer's Agent
NONMEMBER NONMEMBER
List Price
$259,900
Sold Price
$240,000
Premium/Discount to List
-$19,900
-7.66%
Views
227
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,610
Avg. Annual Appreciation
0.93%
Original Mortgage
$235,653
Outstanding Balance
$234,026
Interest Rate
6.84%
Mortgage Type
FHA
Estimated Equity
$7,584
Purchase Details
Closed on
Jun 20, 2024
Sold by
Gonzalez Candace and Gonzalez Tyrie
Bought by
Jd Mcneil Properties Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,999
Interest Rate
6.87%
Mortgage Type
Construction
Purchase Details
Listed on
Jul 5, 2019
Closed on
Oct 14, 2019
Sold by
J & K Property Investors Llc
Bought by
Lee Candace Jecoliah and Gonzalez Tyrie
List Price
$114,999
Sold Price
$115,000
Premium/Discount to List
$1
0.0%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.38%
Original Mortgage
$4,600
Interest Rate
3.65%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Nov 2, 2018
Sold by
Hernandez Josue W and Aguilar Deysi Marilu
Bought by
J & K Property Investors Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,000
Interest Rate
4.6%
Purchase Details
Closed on
Mar 21, 2018
Sold by
Hernandez Miriam
Bought by
Hernandez Josue W
Purchase Details
Closed on
Mar 10, 2017
Sold by
Jkk Property Investors Llc
Bought by
Hemandez Miriam
Purchase Details
Closed on
Feb 15, 2017
Sold by
Patterson Judy F and Carrington Rebecca A
Bought by
Jkk Property Investors Llc
Purchase Details
Closed on
Jan 1, 1990
Bought by
Patterson Richard M and Patterson Judy
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $240,000 | None Listed On Document | |
| Warranty Deed | $240,000 | None Listed On Document | |
| Warranty Deed | $160,000 | None Listed On Document | |
| Warranty Deed | $115,000 | Attorney | |
| Warranty Deed | $59,000 | Attorney | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $30,000 | Attorney | |
| Warranty Deed | $25,000 | Attorney | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $235,653 | FHA | |
| Closed | $235,653 | FHA | |
| Previous Owner | $161,999 | Construction | |
| Previous Owner | $111,550 | No Value Available | |
| Previous Owner | $77,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/06/2025 01/06/25 | Sold | $240,000 | -4.0% | $171 / Sq Ft |
| 11/23/2024 11/23/24 | Pending | -- | -- | -- |
| 11/13/2024 11/13/24 | Price Changed | $249,900 | -2.0% | $178 / Sq Ft |
| 10/23/2024 10/23/24 | Price Changed | $254,900 | -1.9% | $182 / Sq Ft |
| 10/10/2024 10/10/24 | For Sale | $259,900 | +126.0% | $185 / Sq Ft |
| 10/29/2019 10/29/19 | Sold | $115,000 | 0.0% | $82 / Sq Ft |
| 08/06/2019 08/06/19 | Pending | -- | -- | -- |
| 07/05/2019 07/05/19 | For Sale | $114,999 | -- | $82 / Sq Ft |
Source: Triad MLS
Tax History Compared to Growth
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 | $791 | $160,135 | $20,662 | $139,473 |
| 2024 | $751 | $160,135 | $20,662 | $139,473 |
| 2023 | $692 | $160,135 | $20,662 | $139,473 |
| 2022 | $958 | $77,162 | $18,562 | $58,600 |
| 2021 | $965 | $77,162 | $18,562 | $58,600 |
| 2020 | $973 | $77,162 | $18,562 | $58,600 |
| 2019 | $976 | $77,162 | $18,562 | $58,600 |
| 2018 | $459 | $77,162 | $18,562 | $58,600 |
| 2017 | $908 | $77,162 | $18,562 | $58,600 |
| 2016 | $915 | $78,869 | $18,562 | $60,307 |
| 2015 | $455 | $78,869 | $18,562 | $60,307 |
| 2014 | -- | $79,532 | $18,562 | $60,970 |
Source: Public Records
Agents Affiliated with this Home
-
Joel Sivertsen
-
N
Buyer's Agent in 2025
NONMEMBER NONMEMBER
Map
Source: Triad MLS
MLS Number: 1157653
APN: 122526
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Copyright 2025 Triad MLS, Inc. All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. This site will be monitored for ‘scraping’ and any use of search facilities of data on the site other than by potential buyers/sellers is prohibited. All Sale data is for informational purposes only and is not an indication of a market analysis or appraisal. Properties marked with the Triad MLS, Inc. icon are provided courtesy of the Triad MLS, Inc.’s, Internet Data Exchange Database.
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