NOT LISTED FOR SALE

1879 Gerringer Mill Rd Burlington, NC 27217

Estimated Value: $523,000 - $570,025

3 Beds
3 Baths
2,800 Sq Ft
$196/Sq Ft Est. Value

Last Sold October 18, 2019

Last sale price $350,000 $125 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $3,135/month

1 Day on Market

Highlights

  • Pier
  • Great Room with Fireplace
  • Porch
  • Wood Flooring
  • No HOA
  • 2 Car Attached Garage

About This Home

As of October 2019

PEACEFUL living on 9.61 acres! 3 BR/3bath w garage, wired barn, storage bldg, POND, & 3 fences(rear yd, garden & pasture). Family rm w LG stone FP & built-in bkcase/cabinets. Spacious kitchen & dining rm. Level 1 MBR, in-suite bath & WI closet. Laundry & office also on 1st floor. BR2/3 plus full bath on level 2. Rear Brick patio w walkway to prk pad & garage. Located in highly desirable Western sch dist. Perfect for gardening, farming, raising animals & more. Private & peaceful Gorgeous parcel!

Last Agent to Sell the Property

SANDY SPARKS

Barbour & Company License #264972 Listed on: 09/05/2019

Last Buyer's Agent

Kurt Barlow

Keller Williams Central License #291760

Keller Williams Central

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,117

Year Built

  • Built in 1982

Lot Details

  • 9.61 Acre Lot
  • Fenced
  • Level Lot
  • Garden

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 2,642 Sq Ft Home
  • 2,300-2,800 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Great Room with Fireplace
  • Crawl Space
  • Pull Down Stairs to Attic
  • Dryer Hookup

Kitchen

  • Oven
  • Range Hood
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Pier
  • Porch

Schools

  • Western Middle School
  • Western Alamance High School

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Gas Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 118487
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,117

Year Built

Built in 1982

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 9.61
  • Lot Size: 418612
  • Subdivision Name: None
  • Directions: Take I 85 to Exit 145/NC49. Head toward Burlington downtown. Turn R on Maple Ave. Turn R on Mebane St. Left on E Webb. Right on Elmira. Slight L on Burch Bridge Rd. Slight L on Gerringer Mill Rd. Home on your right.
  • Above Grade Finished Sq Ft: 2642
  • Unit Levels: One and One Half
  • Structure Type: House
  • Year Built: 1982
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2300 - 2800
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Oven, Dishwasher, Range Hood, Gas Water Heater
  • Flooring: Carpet, Vinyl, Wood
  • Interior Amenities: Great Room, Ceiling Fan(s)
  • Has Basement: Crawl Space
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Great Room
  • Fireplaces: 1
  • Living Area: 2642
  • Main Level Bathrooms: 2
  • Attic Description: Pulldown Stairs
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

  • Exterior Features: Garden
  • Fencing: Fenced
  • Lot Features: Level
  • Pool Features: None
  • Construction Type: Brick, Vinyl Siding
  • Other Structures: Pier
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Driveway, Garage, Paved, Attached, Garage Faces Front
  • Garage Description: Attached Garage, Front Load Garage

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection
  • Cooling: Central Air
  • Heating: Forced Air, Electric
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Gas

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Parcel #: 118487
  • Zoning: Res
  • TRIADMLS_PlatPage: 421
  • TRIADMLS_PlatBook: 69
  • TRIADMLS_AcresRange: 9 - 10

Tax Info

  • Tax Annual Amount: 2117
  • Tax Year: 2019
  • TRIADMLS_TaxRate: 0.73

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2019
Closed on
Oct 18, 2019
Sold by
Mann Charles B and Mann Rayanne S
Bought by
Mervin Archie F
Seller's Agent
SANDY SPARKS
Barbour & Company
Buyer's Agent
Kurt Barlow
Keller Williams Central
List Price
$350,000
Sold Price
$350,000
Current Estimated Value
$550,006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,006
Avg. Annual Appreciation
7.54%
Original Mortgage
$332,500
Outstanding Balance
$290,687
Interest Rate
3.4%
Estimated Equity
$259,319

Purchase Details

Closed on
May 24, 2001
Sold by
Tillotson Arthur L
Bought by
Mann Charles B
Source: Public Records

Range of Values:

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

Date Buyer Sale Price Title Company
Mervin Archie F $350,000 Attorney
Mann Charles B $243,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mervin Archie F $332,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/18/2019 10/18/19 Sold $350,000 0.0% $152 / Sq Ft
09/07/2019 09/07/19 Pending -- -- --
09/05/2019 09/05/19 For Sale $350,000 -- $152 / Sq Ft
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
2025 $3,110 $506,540 $117,982 $388,558
2024 $2,882 $506,540 $117,982 $388,558
2023 $2,681 $506,540 $117,982 $388,558
2022 $2,280 $290,027 $98,951 $191,076
2021 $2,309 $290,027 $98,951 $191,076
2020 $2,337 $290,027 $98,951 $191,076
2019 $2,349 $290,027 $98,951 $191,076
2018 $0 $290,027 $98,951 $191,076
2017 $2,088 $290,027 $98,951 $191,076
2016 $1,926 $276,136 $86,282 $189,854
2015 $1,920 $276,631 $86,282 $190,349
2014 $1,782 $276,631 $86,282 $190,349
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 948320

Triad MLS

APN: 118487