NOT LISTED FOR SALE

231 Silverlake Dr Burlington, NC 27215

Downtown Burlington Neighborhood

Estimated Value: $236,399 - $268,000

2 Beds
1.5 Baths
247 Sq Ft
$1,030/Sq Ft Est. Value

Sale Details

Date Sold: March 20, 2014

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

Est. 96% increase in value since last sale

Current estimated payment $1,477 / mo

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

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

Howard Hanna Allen Tate Burlington

Last Buyer's Agent

Member Non Mls

Non Member

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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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

7,536 Sq Ft Lot

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2013
Closed on
Mar 19, 2014
Sold by
Bought by
Seller's Agent
Jane Erwin
Howard Hanna 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
$254,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,350
Avg. Annual Appreciation
5.57%
Original Mortgage
$117,000
Outstanding Balance
$85,946
Interest Rate
4.24%
Mortgage Type
New Conventional
Estimated Equity
$168,404
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Downtown Burlington, NC

  • Theresa Olson Real Estate Agent - Real Estate By Design

    Theresa Olson

    Real Estate By Design

    (984) 368-4892

    78 Total Sales

    1 in Downtown Burlington

    $308,000 Price

    Theresa Olson
     Section Image
  • Nicholas Yarrington Real Estate Agent - Grow Local Realty, LLC

    Nicholas Yarrington

    Grow Local Realty, LLC

    (910) 684-3156

    483 Total Sales

    1 in Downtown Burlington

    $219,000 Price

    Nicholas Yarrington
     Section Image
  • Katherine Burkholder Real Estate Agent

    Katherine Burkholder

    (336) 742-1281

    87 Total Sales

    4 in Downtown Burlington

    $250K - $315K Price Range

    Katherine Burkholder
     Section Image
  • Dino Stewart Real Estate Agent - NorthGroup Real Estate LLC

    Dino Stewart

    NorthGroup Real Estate LLC

    (743) 218-3611

    84 Total Sales

    1 in Downtown Burlington

    $300,000 Price

    Dino Stewart
     Section Image
  • Karla Jackson Real Estate Agent - Relevate Real Estate Inc.

    Karla Jackson

    Relevate Real Estate Inc.

    (984) 205-1671

    100 Total Sales

    1 in Downtown Burlington

    $204,000 Price

    Karla Jackson
     Section Image
  • Susana Yourcheck Real Estate Agent - Flex Realty

    Susana Yourcheck

    Flex Realty

    (667) 802-1404

    202 Total Sales

    2 in Downtown Burlington

    $280,000 Price Range

    Susana Yourcheck
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$130,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 Real Estate Agent - Howard Hanna Allen Tate Burlington

    Seller's Agent in 2014

    Jane Erwin

    Howard Hanna Allen Tate Burlington

    (336) 214-0599

    3 in this area

    47 Total Sales

    Jane Erwin
    Section Image

  • M

    Buyer's Agent in 2014

    Member Non Mls

    Non Member

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Map

Source: Alamance Multiple Listing Service

MLS Number: 81687

APN: 124878

North Carolina Alamance County Burlington 27215 Downtown Burlington

231 Silverlake Dr, Burlington, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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