NOT LISTED FOR SALE

1816A Malone Rd Burlington, NC 27215

West Burlington Neighborhood

Estimated Value: $241,000 - $319,000

4 Beds
2 Baths
-- Sq Ft
0.47 Acres

Last Sold July 27, 2021

Last sale price $177,000

Est. 63% increase in value since last sale

Current estimated payment $1,674/month

2 Days on Market

Highlights

  • No HOA
  • Forced Air Heating and Cooling System
  • Carpet

About This Home

As of July 2021

Fantastic investment opportunity! Rare chance to own a brick one-level duplex with a stable rental history in west Burlington. Wide parking area provides two paved spaces for each unit. Mirror image floor plans with covered front porch opening to foyer and family room (16'9" x 12'3"). Spacious kitchen with dining area offers rear doorway to deck. Nice master bedroom on rear (15'5" x 11'5") with ensuite half bath and two closets. Second bedroom on front (12'6" x 11'5"). Laundry closet and full bath on hallway. Walk-in crawl space. Large rear yard. Great location convenient to interstate access. Aggressively priced to allow new owner to make cosmetic updates. Please note: left side (A) unit is vacant. Tenant on right side (B) unit is on month-to-month lease (please do not disturb tenant).

Last Agent to Sell the Property

SANDY SPARKS

Barbour & Company License #264972 Listed on: 11/04/2020

Last Buyer's Agent

Kurt Barlow

Keller Williams Central License #291760

Keller Williams Central

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,777

Year Built

  • Built in 1992

Lot Details

  • 0.47 Acre Lot

Parking

  • Driveway

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 1-Story Property
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Vinyl

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 2 Units
  • 2,108 Sq Ft Building

Listing and Financial Details

  • Assessor Parcel Number 122213
  • 1% Total Tax Rate

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,777

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.47
  • Lot Size: 20647
  • Directions: I40/85 to exit 143; north on Alamance Road; right on S Mebane St; right on Chapel Hill Rd; right on Malone Rd; property is on left
  • Building Stories: 1
  • Year Built: 1992
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 0 - 0
  • TRIADMLS_CityLimitsYN: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Carpet, Vinyl
  • TRIADMLS_ApproxSqFtRange: 1800 - 2300
  • Basement YN: No

Exterior Features

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

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Washer/Dryer Connection
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 122213
  • Zoning: Res
  • TRIADMLS_PricePerAcre: 372340.4255
  • TRIADMLS_DeedPage: 521
  • TRIADMLS_DeedBook: 2509
  • TRIADMLS_PlatBook: 044-0058
  • TRIADMLS_AcresRange: 0 - 0

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1777
  • Tax Year: 2020
  • TRIADMLS_TaxRate: 1.267

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 13, 2024
Sold by
Morris Dustin A
Bought by
62 North Properties Llc
Current Estimated Value
$288,804

Purchase Details

Listed on
Nov 4, 2020
Closed on
Jul 23, 2021
Sold by
Ccrm Properties Llc
Bought by
Morris Dustin A
Seller's Agent
SANDY SPARKS
Barbour & Company
Buyer's Agent
Kurt Barlow
Keller Williams Central
List Price
$175,000
Sold Price
$177,000
Premium/Discount to List
$2,000
1.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.78%
Original Mortgage
$141,600
Interest Rate
2.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 2, 1995
Bought by
Ccrm Properties Llc
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
62 North Properties Llc -- None Listed On Document
Morris Dustin A $177,000 None Available
Morris Dustin A $177,000 None Listed On Document
Ccrm Properties Llc $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morris Dustin A $141,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2021 07/27/21 Sold $177,000 +1.1% --
11/07/2020 11/07/20 Pending -- -- --
11/04/2020 11/04/20 For Sale $175,000 -- --
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
2024 $1,197 $255,274 $40,000 $215,274
2023 $2,321 $255,274 $40,000 $215,274
2022 $1,744 $140,556 $28,500 $112,056
2021 $1,758 $140,556 $28,500 $112,056
2020 $1,772 $140,556 $28,500 $112,056
2019 $1,777 $140,556 $28,500 $112,056
2018 $835 $140,556 $28,500 $112,056
2017 $1,655 $140,556 $28,500 $112,056
2016 $1,983 $170,926 $30,000 $140,926
2015 $986 $170,926 $30,000 $140,926
2014 -- $170,926 $30,000 $140,926
Source: Public Records

Agents Affiliated with this Home

  • SANDY SPARKS

    Seller's Agent in 2021

    SANDY SPARKS

    Barbour & Company

    (336) 266-7182

    69 in this area

    339 Total Sales

    SANDY SPARKS
    Section Image

  • K

    Buyer's Agent in 2021

    Kurt Barlow

    Keller Williams Central

    (336) 266-0964

    10 in this area

    65 Total Sales

    Kurt Barlow
    Section Image
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Map

Source: Triad MLS

MLS Number: 001686

Triad MLS

APN: 122213

North Carolina Alamance County Burlington 27215 West Burlington

1816A Malone Rd, Burlington, NC

This home is located at 1816A Malone Rd, Burlington, NC 27215 since 04 November 2020 and is currently estimated at $288,804. This property was built in 1992. 1816A Malone Rd is a home located in Alamance County with nearby schools including Grove Park Elementary School, Graham Middle School, and Graham High School.

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