NOT LISTED FOR SALE

222-224 Waverly Way Burlington, NC 27215

West Burlington Neighborhood

Estimated Value: $164,000 - $217,000

2 Beds
2 Baths
1,240 Sq Ft
$149/Sq Ft Est. Value

Last Sold December 21, 2015

Last sale price $75,000 $60 Per Sq Ft

Est. 146% increase in value since last sale

Current estimated payment $1,033/month

100 Days on Market

About This Home

As of December 2015

Well Maintained Brick Duplex With Excellent Rental History, $450.00 Per Unit. Utilities Metered Separately, Range,Refrigerator,Stacked Washer Dryer In Each Unit, Detached Storage. Bedroom Is 18.8 X 9.2- Ample Room For Home Office, Computer Desk, Two Closets. 1,240 Square Feet, 620 Sf Per Unit, * Broker Owned*

Last Agent to Sell the Property

Tom Pate

Pate Real Estate License #22809 Listed on: 08/13/2015

Last Buyer's Agent

Tom Pate

Pate Real Estate License #22809 Listed on: 08/13/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $622

Year Built

  • 1954

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 67 x 145 x 67 x 144

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction

Utilities

  • Cooling Available
  • Forced Air Heating System

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 8864586547

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$622

Year Built

1954

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.22
  • Lot Size: 67 X 145 X 67 X 144
  • Directions: From S. Church Street, Turn On Overbrook Drive @ City Park, Right On Pinecrest, Left On Waverly Way, Duplex On Right
  • Structure Type: Other
  • Year Built: 1954
  • Property Sub Type Additional: Duplex
  • Special Features: None

Interior Features

  • Basement YN: No
  • Fireplace: No

Exterior Features

  • Construction Type: Brick

Garage/Parking

  • Parking Features: On Street

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • Heating Yn: Yes

Condo/Co-op/Association

  • Amenities: Other

Lot Info

  • Lot Size Sq Ft: 9583.0
  • Parcel #: 8864586547
  • Zoning Description: R 9

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2015
Closed on
Dec 21, 2015
Sold by
Pate William Thomas and Pate Bobbie Hall
Bought by
Graves Marshall L and Graves Edna Burton
Seller's Agent
Tom Pate
Pate Real Estate
Buyer's Agent
Tom Pate
Pate Real Estate
List Price
$82,500
Sold Price
$75,000
Premium/Discount to List
-$7,500
-9.09%
Current Estimated Value
$184,746

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,746
Avg. Annual Appreciation
9.78%
Original Mortgage
$60,000
Outstanding Balance
$48,526
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$136,114
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
Graves Marshall L $75,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Graves Marshall L $60,000
Previous Owner Pate William T $59,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2015 12/21/15 Sold $75,000 -9.1% $60 / Sq Ft
11/21/2015 11/21/15 Pending -- -- --
08/13/2015 08/13/15 For Sale $82,500 -- $67 / 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 $622 $132,673 $40,000 $92,673
2023 $1,209 $132,673 $40,000 $92,673
2022 $929 $74,838 $28,500 $46,338
2021 $936 $74,838 $28,500 $46,338
2020 $944 $74,838 $28,500 $46,338
2019 $946 $74,838 $28,500 $46,338
2018 $445 $74,838 $28,500 $46,338
2017 $432 $74,838 $28,500 $46,338
2016 $953 $82,149 $30,000 $52,149
2015 $474 $82,149 $30,000 $52,149
2014 -- $82,149 $30,000 $52,149
Source: Public Records

Agents Affiliated with this Home

  • Tom Pate

    Seller's Agent in 2015

    Tom Pate

    Pate Real Estate

    (336) 260-0634

    6 in this area

    31 Total Sales

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Map

Source: Alamance Multiple Listing Service

MLS Number: 88391

APN: 122052

North Carolina Alamance County Burlington 27215 West Burlington

222-224 Waverly Way, Burlington, NC

This home is located at 222-224 Waverly Way, Burlington, NC 27215 since 13 August 2015 and is currently estimated at $185,084, approximately $149 per square foot. This property was built in 1954. 222-224 Waverly Way is a home located in Alamance County with nearby schools including Grove Park Elementary School, Turrentine Middle School, and Walter M. Williams High School.

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