NOT LISTED FOR SALE

231 Silverlake Dr Burlington, NC 27215

Downtown Burlington Neighborhood

Estimated Value: $237,942 - $283,000

2 Beds
1.5 Baths
247 Sq Ft
$1,071/Sq Ft Est. Value

Last Sold March 20, 2014

Last sale price $130,000 $526 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $1,480/month

64 Days on Market

Highlights

  • Wood Flooring
  • Fenced Yard
  • Attached Garage
  • 2 Fireplaces
  • Separate Outdoor Workshop
  • 3-minute walk to Burlington City Park

About This Home

As of March 2014

Well-Maintained One-Story With Partially Finished Basement. One-Owner! Updates Include Carpeting, Replacement Windows, Gas Pac, Roof, Electric Water Heater, Interior Painting, Kitchen Range, Floor Covering. Charming Home W/Fenced Backyard, Storage Bldg, Custom Window Treatments, Cedar Closet, Built-In Kitchen Cupboard, Enclosed Deck/Sunroom (Not Heated Or Included In Finished Square Footage).

Last Agent to Sell the Property

Jane Erwin

Allen Tate/Burlington License #120482 Listed on: 12/16/2013

Allen Tate/Burlington

Last Buyer's Agent

Member Non Mls

Non Member

Home Details

Home Type

  • Single Family

Year Built

  • 1953

Lot Details

  • 7,536 Sq Ft Lot
  • Fenced Yard
  • Rectangular Lot

Parking

  • Attached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 247 Sq Ft Home
  • 1-Story Property
  • 2 Fireplaces
  • Basement

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Separate Outdoor Workshop
  • Outdoor Storage

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Gas
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 124878

Home Details

Home Type

Single Family

Year Built

1953

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.17
  • Lot Size: 7536
  • Directions: S.Church St To Silver Lake Drive
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1953
  • Property Sub Type Additional: Single Family Residence
  • General Property Information Below Grade Unfinished Area: 247.0
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Electric Range
  • Has Basement: Partial
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 247.0
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl, Wood
  • Interior Amenities: Other
  • Living Area: 247.0

Exterior Features

  • Lot Features: Rectangular Lot
  • Construction Type: Vinyl Siding
  • Exterior Features: Fence
  • Other Structures: Storage, Workshop

Garage/Parking

  • Parking Features: Attached, Paved

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Utilities: Cable Available

Lot Info

  • Lot Size Sq Ft: 7536.0
  • Parcel #: 124878
  • Zoning Description: Resid

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2013
Closed on
Mar 19, 2014
Sold by
Cobb Bryan D
Bought by
Etherington Brandi M
Seller's Agent
Jane Erwin
Allen Tate/Burlington
Buyer's Agent
Member Non Mls
Non Member
List Price
$134,500
Sold Price
$130,000
Premium/Discount to List
-$4,500
-3.35%
Current Estimated Value
$264,486

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,486
Avg. Annual Appreciation
6.16%
Original Mortgage
$117,000
Outstanding Balance
$88,344
Interest Rate
4.24%
Mortgage Type
New Conventional
Estimated Equity
$176,142
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Etherington Brandi M $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Etherington Brandi M $117,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/20/2014 03/20/14 Sold $130,000 -3.3% $526 / Sq Ft
02/18/2014 02/18/14 Pending -- -- --
12/16/2013 12/16/13 For Sale $134,500 -- $545 / 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 $907 $183,657 $34,000 $149,657
2024 $861 $183,657 $34,000 $149,657
2023 $1,673 $183,657 $34,000 $149,657
2022 $1,279 $103,034 $20,000 $83,034
2021 $1,289 $103,034 $20,000 $83,034
2020 $1,299 $103,034 $20,000 $83,034
2019 $1,303 $103,034 $20,000 $83,034
2018 $612 $103,034 $20,000 $83,034
2017 $1,213 $103,034 $20,000 $83,034
2016 $1,502 $129,456 $30,000 $99,456
2015 $747 $129,456 $30,000 $99,456
2014 $683 $129,456 $30,000 $99,456
Source: Public Records

Agents Affiliated with this Home

  • Jane Erwin

    Seller's Agent in 2014

    Jane Erwin

    Allen Tate/Burlington

    (336) 214-0599

    4 in this area

    54 Total Sales

    Jane Erwin
    Section Image

  • M

    Buyer's Agent in 2014

    Member Non Mls

    Non Member

See All Agents

Map

Source: Alamance Multiple Listing Service

MLS Number: 81687

APN: 124878

North Carolina Alamance County Burlington 27215 Downtown Burlington

231 Silverlake Dr, Burlington, NC

Not Listed for Sale

Detached

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