NOT LISTED FOR SALE

231 Colonial Dr Burlington, NC 27215

West Burlington Neighborhood

Estimated Value: $295,000 - $310,000

3 Beds
1.5 Baths
1,800 Sq Ft
$167/Sq Ft Est. Value

Last Sold April 20, 2017

Last sale price $136,500 $76 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $1,723/month

26 Days on Market

About This Home

As of April 2017

Price Reduced by $15,0000!!!! Fabulous Brick Ranch on Beautiful Lot in Desirable Location! Features Include:
3/4 Acre Partially Fenced Flat Corner Lot, Patio, Spacious Kitchen, Separate Room Off of Kitchen and Garage That Previous Owners Used For Canning Fruits & Vegetables from Their Garden. The House has Great Bones, Overall In Great Shape but is in Need of TLC. HVAC Was Replaced in 2005. SUPER POTENTIAL!!!!

Last Buyer's Agent

NONMEMBER NONMEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,618

Year Built

  • Built in 1968

Lot Details

  • 0.71 Acre Lot
  • Lot Dimensions are 162' x 177' x 164' x206'
  • Property is zoned R 15

Parking

  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,626 Sq Ft Home
  • 1,400-1,800 Sq Ft Home
  • Property has 1 Level
  • Den with Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 8854993816
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,618

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.71
  • Lot Size: 162' x 177' x 164' x206'
  • Subdivision Name: None
  • Directions: Colonial Drive is off of South Church Street in Burlington.
  • Above Grade Finished Sq Ft: 1626
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1968
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1400 - 1800
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Water Heater: Electric
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Den
  • Fireplaces: 1
  • Living Area: 1626
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1

Exterior Features

  • Pool Features: None
  • Construction Type: Brick
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Sewer: Public
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 8854993816
  • Zoning: R 15
  • TRIADMLS_PricePerAcre: 190140.8451
  • TRIADMLS_DeedPage: 0003
  • TRIADMLS_DeedBook: 0223
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 1618
  • Tax Year: 2016
  • TRIADMLS_TaxRate: 1.21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2017
Closed on
Mar 29, 2017
Sold by
Payne Doris Kay
Bought by
Flores-Canales Daniel R and Regalado Nerissa Rubi Guido
Buyer's Agent
NONMEMBER NONMEMBER
List Price
$150,000
Sold Price
$136,500
Premium/Discount to List
-$13,500
-9%
Current Estimated Value
$296,694

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,194
Avg. Annual Appreciation
9.37%
Original Mortgage
$134,027
Outstanding Balance
$114,712
Interest Rate
4.87%
Mortgage Type
FHA
Estimated Equity
$173,048

Purchase Details

Closed on
Jan 1, 1990
Bought by
Payne Kay
Source: Public Records

Range of Values:

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Average Value
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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
Flores-Canales Daniel R $137,000 Attorney
Payne Kay -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flores-Canales Daniel R $50,000
Open Flores-Canales Daniel R $134,027
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2017 04/20/17 Sold $136,500 -9.0% $98 / Sq Ft
03/14/2017 03/14/17 Pending -- -- --
02/15/2017 02/15/17 For Sale $150,000 -- $107 / 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
2024 $1,267 $270,163 $34,000 $236,163
2023 $2,461 $270,163 $34,000 $236,163
2022 $1,799 $144,932 $40,000 $104,932
2021 $1,813 $144,932 $40,000 $104,932
2020 $1,828 $144,932 $40,000 $104,932
2019 $1,832 $144,932 $40,000 $104,932
2018 $861 $144,932 $40,000 $104,932
2017 $1,706 $144,932 $40,000 $104,932
2016 $1,618 $139,505 $40,000 $99,505
2015 $810 $140,272 $40,000 $100,272
2014 $740 $140,272 $40,000 $100,272
Source: Public Records

Agents Affiliated with this Home

  • N

    Buyer's Agent in 2017

    NONMEMBER NONMEMBER

See All Agents

Map

Source: Triad MLS

MLS Number: 821230

Triad MLS

APN: 114758

North Carolina Alamance County Burlington 27215 West Burlington

231 Colonial Dr, Burlington, NC

This home is located at 231 Colonial Dr, Burlington, NC 27215 since 15 February 2017 and is currently estimated at $300,600, approximately $167 per square foot. This property was built in 1968. 231 Colonial 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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