NOT LISTED FOR SALE

1851 Merritt Ln Burlington, NC 27217

Estimated Value: $498,000 - $619,984

4 Beds
4 Baths
2,640 Sq Ft
$205/Sq Ft Est. Value

About This Home

This home is located at 1851 Merritt Ln, Burlington, NC 27217 and is currently estimated at $540,996, approximately $204 per square foot. 1851 Merritt Ln is a home located in Alamance County with nearby schools including Altamahaw Ossipee Elementary School, Woodlawn Middle School, and Eastern Alamance High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 18, 2020
Sold by
Sandoval Donald M and Sandoval Joyce E
Bought by
Johnson Adam E and Johnson Susan H
Current Estimated Value
$540,996

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,405
Outstanding Balance
$279,521
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$261,475
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Johnson Adam E $330,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Adam E $313,405
Previous Owner Sandoval Donald M $2,224,000
Previous Owner Sandoval Donald M $50,000
Previous Owner Sandoval Donald M $228,800
Previous Owner Samdoval Donald M $247,500
Source: Public Records

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 $2,897 $487,737 $149,683 $338,054
2024 $2,692 $487,737 $149,683 $338,054
2023 $2,499 $487,737 $149,683 $338,054
2022 $2,270 $296,297 $101,138 $195,159
2021 $2,241 $296,297 $101,138 $195,159
2020 $1,925 $296,297 $101,138 $195,159
2019 $1,935 $296,297 $101,138 $195,159
2018 $0 $296,297 $101,138 $195,159
2017 $1,700 $296,297 $101,138 $195,159
2016 $2,265 $333,161 $114,527 $218,634
2015 $1,892 $333,161 $114,527 $218,634
2014 $1,755 $334,179 $114,527 $219,652
Source: Public Records

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