NOT LISTED FOR SALE

248 7th St Unit 250 Burlington, NC 27215

Downtown Burlington Neighborhood

Estimated Value: $104,000 - $190,000

4 Beds
2 Baths
1,200 Sq Ft
$112/Sq Ft Est. Value

Last Sold December 29, 2014

Last sale price $23,000 $19 Per Sq Ft

Est. 483% increase in value since last sale

Current estimated payment $741/month

828 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Forced Air Heating System

About This Home

As of December 2014

2BR/1Ba Duplex with $600/mo income. SF per tax card. All systems to be verified by buyers agent. Note: Seller is NC licensed real estate broker...

Last Agent to Sell the Property

Gary Renigar

Keller Williams Central License #212661 Listed on: 08/17/2012

Keller Williams Central

Last Buyer's Agent

NONMEMBER NONMEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $180

Year Built

  • Built in 1947

Lot Details

  • 0.26

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 1-Story Property

Flooring

  • Wood
  • Vinyl

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 2 Units
  • 1,200 Sq Ft Building

Listing and Financial Details

  • Assessor Parcel Number 8865905445
  • 1% Total Tax Rate

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$180

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size: 0
  • Directions: From Downtown Burlington, S Mebane St, Right on Seventh St units on Left.
  • Building Stories: 1
  • Year Built: 1947
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Vinyl, Wood
  • TRIADMLS_ApproxSqFtRange: 1200

Exterior Features

  • Construction Type: Vinyl Siding

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 8865905445
  • Zoning: res
  • TRIADMLS_DeedPage: 537
  • TRIADMLS_DeedBook: 459

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 179.74
  • Tax Year: 2011
  • TRIADMLS_TaxRate: 1.11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2012
Closed on
Dec 11, 2014
Sold by
Wmp Rentals
Bought by
Lopez Guillermo
Seller's Agent
Gary Renigar
Keller Williams Central
Buyer's Agent
NONMEMBER NONMEMBER
List Price
$40,000
Sold Price
$23,000
Premium/Discount to List
-$17,000
-42.5%
Current Estimated Value
$134,196

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,196
Avg. Annual Appreciation
17.76%
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
Lopez Guillermo $23,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/29/2014 12/29/14 Sold $23,000 -42.5% $19 / Sq Ft
11/24/2014 11/24/14 Pending -- -- --
08/17/2012 08/17/12 For Sale $40,000 -- $33 / 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
2025 $320 $64,682 $10,000 $54,682
2024 $303 $64,682 $10,000 $54,682
2023 $279 $64,682 $10,000 $54,682
2022 $308 $24,788 $10,000 $14,788
2021 $310 $24,788 $10,000 $14,788
2020 $313 $24,788 $10,000 $14,788
2019 $313 $24,788 $10,000 $14,788
2018 $147 $24,788 $10,000 $14,788
2017 $292 $24,788 $10,000 $14,788
2016 $401 $34,566 $15,000 $19,566
2015 $199 $34,566 $15,000 $19,566
2014 -- $34,566 $15,000 $19,566
Source: Public Records

Agents Affiliated with this Home

  • Gary Renigar

    Seller's Agent in 2014

    Gary Renigar

    Keller Williams Central

    (336) 684-4011

    10 in this area

    206 Total Sales

    Gary Renigar
    Section Image

  • N

    Buyer's Agent in 2014

    NONMEMBER NONMEMBER

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Map

Source: Triad MLS

MLS Number: 651084

Triad MLS

APN: 126459

North Carolina Alamance County Burlington 27215 Downtown Burlington

248 7th St Unit 250, Burlington, NC

This home is located at 248 7th St Unit 250, Burlington, NC 27215 since 17 August 2012 and is currently estimated at $134,196, approximately $111 per square foot. This property was built in 1947. 248 7th St Unit 250 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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