NOT LISTED FOR SALE

1937 Lower Hopedale Rd Burlington, NC 27217

North Burlington Neighborhood

Estimated Value: $232,000 - $324,592

3 Beds
2.5 Baths
1,050 Sq Ft
$275/Sq Ft Est. Value

Last Sold February 13, 2023

Last sale price $176,000 $168 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $1,718/month

31 Days on Market

Highlights

  • 5.5 Acre Lot
  • 1 Fireplace
  • Cooling Available
  • Wood Flooring
  • Porch
  • Outdoor Storage

About This Home

As of February 2023

Attention investors with a vision to rehab this worthy home. This home needs someone willing to overlook its present condition and make it the home it deserves to be again. There is a lot of potential, but needs a lot of work. Structurally, seems to be in decent shape. Eligible for conventional rehab financing. The finished project will present a nice brick ranch home with 3 bedrooms and 2 1/2 baths on a 5 1/2 acre lot complete with a detached 5 bay carport and storage structure.

Last Agent to Sell the Property

Joe Baker

Keller Williams Central License #171308 Listed on: 12/10/2022

Keller Williams Central

Last Buyer's Agent

Margarita Moreno

Re/MaxDiamond Realty License #287492

Re/MaxDiamond Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,767

Year Built

  • 1937

Lot Details

  • 5.5 Acre Lot
  • Landscaped
  • Irregular Lot
  • Zoning described as R-9

Parking

  • Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1-Story Property
  • 1 Fireplace
  • Electric Range
  • Washer Hookup

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Outdoor Storage
  • Porch

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 140911

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,767

Year Built

1937

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 5.5
  • Directions: Take Hwy 62 North to Lower Hopedale Road, veer right. Home will be on the right hand side.
  • Architectural Style: Ranch
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1937
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Range, Refrigerator
  • Has Basement: Exterior Entry, Other
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Other, Vinyl, Wood
  • Interior Amenities: Other

Exterior Features

  • Lot Features: Irregular Lot, Landscaped
  • Construction Type: Brick
  • Other Structures: Storage
  • Patio And Porch Features: Porch

Garage/Parking

  • Parking Features: Garage, Other, Paved, See Remarks

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • Heating Yn: Yes

Lot Info

  • Lot Size Sq Ft: 239536.0
  • Parcel #: 140911
  • Zoning Description: R-9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2022
Closed on
Feb 8, 2023
Sold by
Daye Frederick L and Daye Stephanie L
Bought by
Reyes Lilian Edith Quezad
Seller's Agent
Joe Baker
Keller Williams Central
Buyer's Agent
Margarita Moreno
Re/MaxDiamond Realty
List Price
$170,000
Sold Price
$176,000
Premium/Discount to List
$6,000
3.53%
Views
187
Current Estimated Value
$288,398

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,398
Avg. Annual Appreciation
23.25%

Purchase Details

Listed on
Feb 21, 2013
Closed on
May 29, 2013
Sold by
Long Willie P
Bought by
Daye Ii Frederick L
Seller's Agent
Spencer Pate
Pate Real Estate
Buyer's Agent
Robin Allred
Re/MaxDiamond Realty
List Price
$151,500
Sold Price
$136,500
Premium/Discount to List
-$15,000
-9.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.65%
Original Mortgage
$139,434
Interest Rate
3.37%
Mortgage Type
VA
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
Reyes Lilian Edith Quezad $176,000 --
Daye Ii Frederick L $137,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Daye Ii Frederick L $139,434
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2023 02/13/23 Sold $176,000 +3.5% $168 / Sq Ft
01/10/2023 01/10/23 Pending -- -- --
12/10/2022 12/10/22 For Sale $170,000 +24.5% $162 / Sq Ft
05/29/2013 05/29/13 Sold $136,500 -9.9% $130 / Sq Ft
04/29/2013 04/29/13 Pending -- -- --
02/21/2013 02/21/13 For Sale $151,500 -- $144 / 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
2024 $1,767 $321,816 $108,462 $213,354
2023 $1,648 $321,816 $108,462 $213,354
2022 $1,173 $153,132 $51,319 $101,813
2021 $1,188 $153,132 $51,319 $101,813
2020 $1,204 $153,132 $51,319 $101,813
2019 $1,194 $153,132 $51,319 $101,813
2018 $0 $153,132 $51,319 $101,813
2017 $1,057 $153,132 $51,319 $101,813
2016 $1,037 $150,262 $51,319 $98,943
2015 $1,007 $150,547 $51,319 $99,228
2014 -- $150,547 $51,319 $99,228
Source: Public Records

Agents Affiliated with this Home

  • Joe Baker

    Seller's Agent in 2023

    Joe Baker

    Keller Williams Central

    (336) 229-9665

    3 in this area

    74 Total Sales

    Section Image

  • M

    Buyer's Agent in 2023

    Margarita Moreno

    RE/MAX

    (336) 675-9906

    5 in this area

    46 Total Sales

    Section Image

  • S

    Seller's Agent in 2013

    Spencer Pate

    Pate Real Estate

    (336) 226-2468

    28 Total Sales

    Section Image

  • R

    Buyer's Agent in 2013

    Robin Allred

    RE/MAX

    Section Image
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Map

Source: Alamance Multiple Listing Service

MLS Number: 126340

APN: 140911

North Carolina Alamance County Burlington 27217 North Burlington

1937 Lower Hopedale Rd, Burlington, NC

This home is located at 1937 Lower Hopedale Rd, Burlington, NC 27217 since 10 December 2022 and is currently estimated at $288,398, approximately $274 per square foot. This property was built in 1937. 1937 Lower Hopedale Rd is a home located in Alamance County with nearby schools including R. Homer Andrews Elementary School, Broadview Middle School, and Hugh M. Cummings High School.

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