NOT LISTED FOR SALE

Estimated Value: $283,000 - $324,820

3 Beds
2 Baths
1,297 Sq Ft
$228/Sq Ft Est. Value

Last Sold March 13, 2023

Last sale price $245,000 $189 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,703/month

13 Days on Market

Highlights

  • Cathedral Ceiling
  • Patio
  • Heat Pump System
  • Cooling Available
  • Rectangular Lot
  • 1-Story Property

About This Home

As of March 2023

NEW CONSTRUCTION OPEN SPLIT FLOOR PLAN 3 BEDROOMS AND 2 FULL BATH, FEATURES A FRONT PORCH, REAR CONCRETE PATIO; GRANITE COUNTER TOPS, CEILING FANS, WASHER AND DRYER CONNECTION, CATHEDRAL CEILINGS IN THE DINING ROOM AND LIVING ROOM AREA. LISTING AGENT IS RELATED TO THE SELLER, TAX VALUE IS BASED ON A VACANT LOT AND IS SUBJECT TO ADJUSTMENTS IN THE FUTURE.

Last Agent to Sell the Property

Jose Crespo

Allen Tate/Burlington License #254289 Listed on: 01/15/2023

Allen Tate/Burlington

Last Buyer's Agent

Victoria Davis

Elevation Realty, LLC License #295483

Home Details

Home Type

  • Single Family

Year Built

  • 2023

Lot Details

  • 0.37 Acre Lot
  • Rectangular Lot

Home Design

  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Cathedral Ceiling
  • Dryer

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Parking Pad
  • Paved Parking

Outdoor Features

  • Patio

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 127066

Home Details

Home Type

Single Family

Year Built

2023

Lot Details

0.37 Acres

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.37
  • Directions: From downtown Burlington take W. Webb Ave, Right on Flora ave, Left on Melrose house is on the left.
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 2023
  • Property Sub Type Additional: Single Family Residence
  • Special Features: NewHome
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Microwave
  • Has Basement: Crawl Space
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Luxury Vinyl
  • Interior Amenities: Cathedral Ceiling(s), Other

Exterior Features

  • Lot Features: Rectangular Lot
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Patio

Garage/Parking

  • Parking Features: Paved, Parking Pad

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump
  • Heating Yn: Yes

Lot Info

  • Lot Size Sq Ft: 16117.0
  • Parcel #: 127066
  • Zoning Description: RES

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2023
Closed on
Mar 14, 2023
Sold by
La Development Llc
Bought by
Eu Bank Bobby
Seller's Agent
Jose Crespo
Allen Tate/Burlington
Buyer's Agent
Victoria Davis
Elevation Realty, LLC
List Price
$240,000
Sold Price
$245,000
Premium/Discount to List
$5,000
2.08%
Current Estimated Value
$295,205

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,205
Avg. Annual Appreciation
6.37%
Original Mortgage
$247,000
Outstanding Balance
$238,920
Interest Rate
5.9%
Mortgage Type
New Conventional
Estimated Equity
$56,285

Purchase Details

Closed on
Jul 22, 2022
Sold by
Hcj Properties Inc
Bought by
L/A Development Llc

Purchase Details

Closed on
Jan 27, 2021
Sold by
Buckland Carl David and Carl David Buckland Revocable
Bought by
Hcj Properties Inc
Source: Public Records
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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
Eu Bank Bobby $245,000 --
L/A Development Llc $60,000 Taylor Law Office Pc
Hcj Properties Inc $40,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eu Bank Bobby $247,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/13/2023 03/13/23 Sold $245,000 +2.1% $189 / Sq Ft
01/28/2023 01/28/23 Pending -- -- --
01/15/2023 01/15/23 For Sale $240,000 -- $185 / Sq Ft
Source: Alamance Multiple Listing Service

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 $2,007 $337,922 $22,212 $315,710
2024 $1,877 $337,922 $22,212 $315,710
2023 $1,252 $242,609 $22,212 $220,397
2022 $64 $8,300 $8,300 $0
2021 $64 $8,300 $8,300 $0
2020 $65 $8,300 $8,300 $0
2019 $65 $8,300 $8,300 $0
2018 $0 $8,300 $8,300 $0
2017 $57 $8,300 $8,300 $0
2016 $129 $18,700 $18,700 $0
2015 $128 $18,700 $18,700 $0
2014 -- $18,700 $18,700 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alamance Multiple Listing Service

MLS Number: 126516

APN: 127066

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