NOT LISTED FOR SALE

221 Willow Ave Burlington, NC 27217

East Burlington Neighborhood

Estimated Value: $125,000 - $175,000

2 Beds
1 Bath
1,176 Sq Ft
$120/Sq Ft Est. Value

Last Sold December 04, 2023

Last sale price $132,500 $113 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $798/month

2 Days on Market

About This Home

As of December 2023

Amazing opportunity to own a duplex with an incredible rental history: $1300 per month rental income in total. 1412 Cedar Ave is the address for one side of the duplex with a lease expiring 8/23/2024 and lessee is paying $750 a month in rent. 221 Willow Ave is the address for the other side of the duplex with a month-to-month lease and lessee is paying $550 a month in rent.

Last Agent to Sell the Property

Bryan Guarnieri

COLDWELL BANKER - HP&W License #299470 Listed on: 10/29/2023

COLDWELL BANKER - HP&W

Last Buyer's Agent

The Property Firm,LLC

The Property Firm, LLC License #265777

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $680

Year Built

  • Built in 1961

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 90 x 140 x 90 x 140

Parking

  • Driveway

Home Design

  • Duplex

Schools

  • Broadview Middle School
  • Hugh M. Cummings High School

Utilities

  • Window Unit Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 17, 18
  • Assessor Parcel Number 139095
  • 0% Total Tax Rate

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$680

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.29
  • Lot Size: 90 x 140 x 90 x 140
  • Directions: Turn right on N Main St; Turn right on Washington St; Continue on S Graham Hopedale Rd; Turn left on W Hanover Rd; Continue on Graham St; Turn right on Beaumont Ave; Turn right on Cedar Ave; Duplex will be on the left at the Willow Ave intersection.
  • Year Built: 1961
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 0 - 0
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Water Heater
  • Basement YN: No

Exterior Features

  • Lot Features: City Lot
  • Pool Features: None
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Cooling: Window Unit(s)
  • Heating: Baseboard, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Eastlawn
  • High School: Hugh M. Cummings
  • Middle Or Junior School: Broadview

Lot Info

  • Parcel #: 139095
  • Zoning: Duplex
  • TRIADMLS_PricePerAcre: 456896.5517
  • TRIADMLS_PlatPage: 0049
  • TRIADMLS_DeedPage: 492
  • TRIADMLS_DeedBook: 4071
  • TRIADMLS_PlatBook: 003
  • TRIADMLS_AcresRange: 0 - 0

Multi Family

  • Number Of Units Total: 2
  • Number Of Units Furnished: None
  • Number Of Units Leased: 2

Tax Info

  • Tax Annual Amount: 680.18
  • Tax Lot: 17, 18
  • Tax Year: 2023
  • TRIADMLS_TaxRate: 0.0092

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2023
Closed on
Dec 1, 2023
Sold by
Portie-Ascott Phyllis
Bought by
Ppa Real Estate Llc and Ascott
Seller's Agent
Bryan Guarnieri
COLDWELL BANKER - HP&W
Buyer's Agent
The Property Firm,LLC
The Property Firm, LLC
List Price
$149,900
Sold Price
$132,500
Premium/Discount to List
-$17,400
-11.61%
Total Days on Market
2
Views
26
Current Estimated Value
$141,096

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,596
Avg. Annual Appreciation
3.66%

Purchase Details

Listed on
Oct 29, 2023
Closed on
Nov 26, 2023
Sold by
Andrews Properties Of The Carolinas Llc
Bought by
Portie-Ascott Phyllis
Seller's Agent
Bryan Guarnieri
COLDWELL BANKER - HP&W
Buyer's Agent
The Property Firm,LLC
The Property Firm, LLC
List Price
$149,900
Sold Price
$132,500
Premium/Discount to List
-$17,400
-11.61%
Views
26
Source: Public Records

Range of Values:

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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
Ppa Real Estate Llc -- None Listed On Document
Portie-Ascott Phyllis $132,500 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Andrews Properties Of The Caro $3,200,000
Previous Owner Thompson Paul D $4,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2023 12/04/23 Sold $132,500 -11.6% $113 / Sq Ft
11/01/2023 11/01/23 Pending -- -- --
10/29/2023 10/29/23 For Sale $149,900 -- $127 / 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 $367 $74,288 $15,000 $59,288
2024 $348 $74,288 $15,000 $59,288
2023 $677 $74,288 $15,000 $59,288
2022 $470 $37,837 $15,000 $22,837
2021 $473 $37,837 $15,000 $22,837
2020 $477 $37,837 $15,000 $22,837
2019 $478 $37,837 $15,000 $22,837
2018 $225 $37,837 $15,000 $22,837
2017 $218 $37,837 $15,000 $22,837
2016 $683 $58,838 $15,000 $43,838
2015 $340 $58,838 $15,000 $43,838
2014 -- $58,838 $15,000 $43,838
Source: Public Records

Agents Affiliated with this Home

  • Bryan Guarnieri

    Seller's Agent in 2023

    Bryan Guarnieri

    COLDWELL BANKER - HP&W

    (984) 204-7107

    24 in this area

    228 Total Sales

    Bryan Guarnieri
    Section Image

  • T

    Buyer's Agent in 2023

    The Property Firm,LLC

    The Property Firm, LLC

    (919) 730-6313

    2 in this area

    41 Total Sales

    The Property Firm,LLC
    Section Image
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Map

Source: Triad MLS

MLS Number: 1123801

Triad MLS

APN: 139095

North Carolina Alamance County Burlington 27217 East Burlington

221 Willow Ave, Burlington, NC

This home is located at 221 Willow Ave, Burlington, NC 27217 since 29 October 2023 and is currently estimated at $141,096, approximately $119 per square foot. This property was built in 1961. 221 Willow Ave is a home located in Alamance County with nearby schools including Eastlawn Elementary School, Broadview Middle School, and Hugh M. Cummings High School.

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