NOT LISTED FOR SALE

1842 Gerringer Mill Rd Burlington, NC 27217

Estimated Value: $177,000 - $193,806

1 Bed
1 Bath
900 Sq Ft
$207/Sq Ft Est. Value

Sale Details

Date Sold: June 25, 2021

Last sale price $122,000 $136 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $1,075 / mo

2 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Central Air
  • Main Floor Primary Bedroom
  • Porch
  • Ceiling Fan

About This Home

As of June 2021

Super cute 3 bedroom 1 bathroom home in Western Alamance Schools located on .75 acre lot. Large covered front porch, great for rocking. This property is convenient to town and has low county taxes.

Last Agent to Sell the Property

Heather Morton Hill

eXp Realty License #299833 Listed on: 06/22/2021

eXp Realty

Last Buyer's Agent

Holly Rose

Rose & Hall Real Estate License #223703

Rose & Hall Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $496

Year Built

  • Built in 1918

Lot Details

  • 32,670 Sq Ft Lot
  • Lot Dimensions are 184 x 168

Parking

  • Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 801 Sq Ft Home
  • 700-900 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Crawl Space
  • Storage In Attic
  • Free-Standing Range
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Outdoor Features

  • Porch

Schools

  • Western Middle School
  • Western Alamance High School

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Uses Propane
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 118485
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$496

Year Built

Built in 1918

Lot Details

0.75 Acres

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.75
  • Lot Size: 184 x 168
  • Subdivision Name: None
  • Directions: From University Dr, turn left onto Shallowford Rd. Take left onto NC-87. Take right on Gerringer Mill Rd. Property on right.
  • Above Grade Finished Sq Ft: 801
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1918
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 700 - 900
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • Special Features: None

Interior Features

  • Appliances: Slide-In Oven/Range, Electric Water Heater
  • Flooring: Laminate, Wood
  • Interior Amenities: Ceiling Fan(s)
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Living Area: 801
  • Main Level Bathrooms: 1
  • Attic Description: Eave Storage
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Fencing: None
  • Pool Features: None
  • Construction Type: Vinyl Siding
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Washer Hookup
  • Cooling: Central Air
  • Heating: Heat Pump, Propane
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Propane Gas
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Altamahaw-Ossipee
  • High School: Western Alamance
  • Middle Or Junior School: Western

Lot Info

  • Parcel #: 118485
  • Zoning: RES
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 496
  • Tax Year: 2020
  • TRIADMLS_TaxRate: 0.81

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2021
Closed on
Jul 29, 2021
Sold by
Cobb Jimmy W and Cobb Karen R
Bought by
Moore Erin K
Seller's Agent
Heather Morton Hill
eXp Realty
Buyer's Agent
Holly Rose
Rose & Hall Real Estate
List Price
$120,000
Sold Price
$122,000
Premium/Discount to List
$2,000
1.67%
Current Estimated Value
$186,702

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,702
Avg. Annual Appreciation
9.15%
Original Mortgage
$119,191
Outstanding Balance
$108,430
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$78,272
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Moore Erin K $122,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moore Erin K $119,191
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/25/2021 06/25/21 Sold $122,000 +1.7% $174 / Sq Ft
06/25/2021 06/25/21 Pending -- -- --
06/22/2021 06/22/21 For Sale $120,000 -- $171 / Sq Ft
Source: Triad MLS

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 $1,024 $166,758 $32,856 $133,902
2024 $949 $166,758 $32,856 $133,902
2023 $883 $166,758 $32,856 $133,902
2022 $484 $61,533 $24,103 $37,430
2021 $490 $61,533 $24,103 $37,430
2020 $496 $61,533 $24,103 $37,430
2019 $498 $61,533 $24,103 $37,430
2018 $0 $61,533 $24,103 $37,430
2017 $443 $61,533 $24,103 $37,430
2016 $440 $63,061 $21,912 $41,149
2015 $438 $63,061 $21,912 $41,149
2014 -- $63,061 $21,912 $41,149
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1030547

Triad MLS

APN: 118485

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