NOT LISTED FOR SALE

168 Coveside Trail Burlington, NC 27217

Estimated Value: $568,000 - $601,127

3 Beds
2.5 Baths
2,100 Sq Ft
$277/Sq Ft Est. Value

Last Sold November 20, 2023

Last sale price $570,000 $271 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,415/month

4 Days on Market

About This Home

As of November 2023

Welcome to lakeside living at it's finest! As you make your way down the driveway, lined with stunning Bradford Pear trees, you're greeted by this beautiful custom home nestled back on just over 5.5 private acres of well manicured lakefront living! As you're welcomed into the front door, you're immediately greeted with rustic hardwood flooring and 25 ft. custom stone fireplace and ceilings! The back porch is sizable and the perfect spot to entertain your guests with a breathtaking view of the lake, along with 2 cut out trails leading directly to the lakefront! Gas pack/central air downstairs only 1 yr old. Well pump only 2 yrs old. BOTH water heaters replaced in 2022, and brand new stand alone ice machine installed in 2022! We cannot WAIT for you to see this property!

Last Agent to Sell the Property

Andrew Lee

Elevation Realty, LLC License #316765 Listed on: 10/31/2023

Last Buyer's Agent

Meagan Nicholson

EXP REALTY OF PIEDMONT NC LLC License #323874

EXP REALTY OF PIEDMONT NC LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,914

Year Built

  • 1999

Lot Details

  • 5.56 Acre Lot
  • Waterfront
  • Zoning described as 10

Bedrooms and Bathrooms

  • 3 Bedrooms

Listing and Financial Details

  • Assessor Parcel Number 8878950873

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,914

Year Built

1999

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Lot Size Acres: 5.56
  • Directions: From S Church St, head toward East Burlington, left onto W Holt St, left onto Union Ridge Rd, left onto Coveside Trail!
  • Year Built: 1999
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Waterfront: Yes

Lot Info

  • Lot Size Sq Ft: 242194.0
  • Parcel #: 8878950873
  • Zoning Description: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2023
Closed on
Nov 17, 2023
Sold by
Pettigrew Marshall S and Pettigrew Donna B
Bought by
Colacchia Anthony W and Colacchia Valerie J
Seller's Agent
Andrew Lee
Elevation Realty, LLC
Buyer's Agent
Meagan Nicholson
EXP REALTY OF PIEDMONT NC LLC
List Price
$535,000
Sold Price
$570,000
Premium/Discount to List
$35,000
6.54%
Current Estimated Value
$582,032

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,032
Avg. Annual Appreciation
1.19%
Original Mortgage
$170,000
Outstanding Balance
$163,126
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$418,906

Purchase Details

Closed on
Oct 28, 1998
Sold by
Kernodle Charles D
Bought by
Pettigrew Marshall S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
6.61%
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
Colacchia Anthony W $570,000 None Listed On Document
Pettigrew Marshall S $57,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Colacchia Anthony W $170,000
Previous Owner Pettigrew Marshall S $556,000
Previous Owner Pettigrew Marshall $296,103
Previous Owner Pettigrew Marshall S $294,000
Previous Owner Pettigrew Marshall S $40,000
Previous Owner Petitigrew Marshall S $283,000
Previous Owner Pettigrew Marshall S $170,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2025 07/31/25 Off Market $570,000 -- --
11/20/2023 11/20/23 Sold $570,000 +6.5% $271 / Sq Ft
11/04/2023 11/04/23 Pending -- -- --
10/31/2023 10/31/23 For Sale $535,000 -- $255 / 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 $2,914 $498,972 $67,752 $431,220
2024 $2,615 $467,735 $67,752 $399,983
2023 $2,439 $469,648 $69,665 $399,983
2022 $1,949 $256,090 $51,152 $204,938
2021 $1,975 $256,090 $51,152 $204,938
2020 $2,000 $256,090 $51,152 $204,938
2019 $2,010 $256,090 $51,152 $204,938
2018 $0 $256,090 $51,152 $204,938
2017 $1,771 $256,090 $51,152 $204,938
2016 $1,794 $261,930 $39,052 $222,878
2015 $1,785 $261,930 $39,052 $222,878
2014 $1,655 $261,930 $39,052 $222,878
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alamance Multiple Listing Service

MLS Number: 128833

APN: 141900