NOT LISTED FOR SALE

2257 Melrose Dr Burlington, NC 27217

North Burlington Neighborhood

Estimated Value: $106,000 - $238,000

1.92 Acres
$80,151 Price per Acre
83,635 Sq Ft Lot

Last Sold October 13, 2020

Last sale price $18,000 $19 Per Sq Ft

Est. 755% increase in value since last sale

Current estimated payment $848/month

75 Days on Market

About This Lot

As of October 2020

Building lot approx 1.92 acres containing 3 Parcels: 127063, 127065, 127069. 2257 Melrose has Water/Sewer connection.

Last Agent to Sell the Property

Sarah Kindley

Coldwell Banker Advantage License #267186 Listed on: 07/10/2020

Coldwell Banker Advantage

Last Buyer's Agent

David L. Carter

Allen Tate/Burlington License #276042

Allen Tate/Burlington

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $128

Lot Details

  • 1.92 Acre Lot
  • Rectangular Lot

Listing and Financial Details

  • Assessor Parcel Number 8866136650

Property Details

Property Type

Land

Est. Annual Taxes

$128

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 1.92
  • Directions: From Burlington, take Webb Ave towards Elon. Turn Right on Flora Ave. Turn Left on Melrose. Lot is on the corner of Melrose and Pride Ave and extends to Durham St Ext.
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement YN: No

Exterior Features

  • Lot Features: Rectangular Lot

Utilities

  • Utilities: Electricity Available

Lot Info

  • Lot Size Sq Ft: 83000.0
  • Parcel #: 8866136650
  • Zoning Description: RES

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2020
Closed on
Oct 7, 2020
Sold by
Eastwood David Gene and Eastwood Belinda M
Bought by
Golden Key Homes Llc
Seller's Agent
Sarah Kindley
Coldwell Banker Advantage
Buyer's Agent
David L. Carter
Allen Tate/Burlington
List Price
$29,900
Sold Price
$18,000
Premium/Discount to List
-$11,900
-39.8%
Current Estimated Value
$153,889

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,889
Avg. Annual Appreciation
55.23%
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
Golden Key Homes Llc $18,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2020 10/13/20 Sold $18,000 -39.8% $19 / Sq Ft
09/23/2020 09/23/20 Pending -- -- --
07/10/2020 07/10/20 For Sale $29,900 -- $31 / 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
2025 $128 $21,600 $21,600 $0
2024 $120 $21,600 $21,600 $0
2023 $111 $21,600 $21,600 $0
2022 $107 $14,025 $14,025 $0
2021 $109 $14,025 $14,025 $0
2020 $110 $14,025 $14,025 $0
2019 $109 $14,025 $14,025 $0
2018 $0 $14,025 $14,025 $0
2017 $97 $14,025 $14,025 $0
2016 $97 $14,025 $14,025 $0
2015 $275 $40,080 $16,500 $23,580
2014 -- $40,080 $16,500 $23,580
Source: Public Records

Agents Affiliated with this Home

  • Sarah Kindley

    Seller's Agent in 2020

    Sarah Kindley

    Coldwell Banker Advantage

    (336) 263-9996

    11 in this area

    146 Total Sales

    Sarah Kindley
    Section Image

  • D

    Buyer's Agent in 2020

    David L. Carter

    Allen Tate/Burlington

    (336) 693-5551

    3 in this area

    105 Total Sales

    David L. Carter
    Section Image
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Map

Source: Alamance Multiple Listing Service

MLS Number: 109175

APN: 127065

North Carolina Alamance County Burlington 27217 North Burlington

2257 Melrose Dr, Burlington, NC

This home is located at 2257 Melrose Dr, Burlington, NC 27217 since 10 July 2020 and is currently estimated at $153,889, approximately $159 per square foot. 2257 Melrose Dr is a home located in Alamance County with nearby schools including Marvin B. Smith Elementary School, Turrentine Middle School, and Walter M. Williams High School.

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The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of Burlington Alamance County Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Information is deemed to be reliable, but is not guaranteed.
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