NOT LISTED FOR SALE

250 Chapel Hill Rd Burlington, NC 27215

West Burlington Neighborhood

Estimated Value: $389,000 - $523,000

6 Beds
6 Baths
3,365 Sq Ft
$137/Sq Ft Est. Value

Last Sold July 23, 2021

Last sale price $375,000 $111 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,679/month

Highlights

  • Corner Lot
  • Forced Air Heating and Cooling System
  • Carpet
  • No HOA
  • Storm Doors

About This Home

As of July 2021

One story brick triplex at corner of CHR and Pinecrest. All 3 units 2 BRs, 2 baths. Gas Appollo heat (2 replaced in 20188) M&W windows low E tilt. All interior walls sound proofed & insulateed. Fire walls between units. Decks replaced 2017.

Last Agent to Sell the Property

Jane Erwin

Allen Tate - Burlington License #120482 Listed on: 06/04/2021

Allen Tate - Burlington

Last Buyer's Agent

NONMEMBER NONMEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,635

Year Built

  • Built in 1995

Lot Details

  • Lot Dimensions are 180 x 150 x 280 x 150
  • Corner Lot

Home Design

  • Triplex
  • Brick Exterior Construction

Interior Spaces

  • 1-Story Property
  • Insulated Windows
  • Storm Doors
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Laminate
  • Vinyl

Parking

  • No Garage
  • Paved Parking

Schools

  • Turrentine Middle School
  • Williams High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 122018
  • 1% Total Tax Rate

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,635

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Lot Size: 180 x 150 x 280 x 150
  • Directions: I-85/40 to Exit 143 Alamance Rd. Take Alamance Rd to S.Church St. RIGHT on S Church and quick RIGHT to Chapel Hill . Triplex is located at corner of Chapel Hill and Pinecrest.
  • Building Stories: 1
  • Year Built: 1995
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 0 - 0
  • TRIADMLS_CityLimitsYN: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Gas Water Heater
  • Flooring: Carpet, Laminate, Vinyl
  • Door Features: Storm Door(s)
  • Basement YN: No
  • TRIADMLS_Storage: Outside Storage

Exterior Features

  • Lot Features: City Lot, Corner Lot
  • Pool Features: None
  • Construction Type: Brick
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Parking Features: Paved, No Garage
  • Garage Description: None

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Washer/Dryer Connection
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Gas
  • Energy Features: Insulated Windows, Storm Doors

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Grove Park
  • High School: Williams
  • Middle Or Junior School: Turrentine

Lot Info

  • Parcel #: 122018
  • Zoning: Res
  • TRIADMLS_DeedPage: 121
  • TRIADMLS_DeedBook: 835
  • TRIADMLS_AcresRange: -

Green Features

  • TRIADMLS_EnvironmentalHazards: No

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 3
  • Number Of Units Furnished: None

Tax Info

  • Tax Annual Amount: 2635
  • Tax Year: 2021
  • TRIADMLS_TaxRate: 1.27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2021
Closed on
Jul 21, 2021
Sold by
Shah Tasvir and Shah Sujata
Bought by
Patel Manish
Seller's Agent
Jane Erwin
Allen Tate - Burlington
Buyer's Agent
NONMEMBER NONMEMBER
List Price
$349,900
Sold Price
$375,000
Premium/Discount to List
$25,100
7.17%
Current Estimated Value
$461,738

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,738
Avg. Annual Appreciation
7.70%
Original Mortgage
$261,153
Interest Rate
2.96%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Jun 4, 2021
Closed on
Jul 19, 2021
Sold by
Smith John H and Smith Shirley L
Bought by
Shah Tasvir
Seller's Agent
Jane Erwin
Allen Tate - Burlington
Buyer's Agent
NONMEMBER NONMEMBER
List Price
$349,900
Sold Price
$375,000
Premium/Discount to List
$25,100
7.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,153
Interest Rate
2.96%
Mortgage Type
Seller Take Back
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
Patel Manish $385,000 None Available
Shah Tasvir $375,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Manish $270,000
Closed Patel Manish $261,153
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2021 07/23/21 Sold $375,000 +7.2% $111 / Sq Ft
06/05/2021 06/05/21 Pending -- -- --
06/04/2021 06/04/21 For Sale $349,900 -- $104 / 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 $1,960 $417,881 $54,924 $362,957
2023 $3,807 $417,881 $54,924 $362,957
2022 $2,541 $207,442 $31,940 $175,502
2021 $2,595 $207,442 $31,940 $175,502
2020 $2,616 $207,442 $31,940 $175,502
2019 $2,623 $207,442 $31,940 $175,502
2018 $1,233 $207,442 $31,940 $175,502
2017 $2,442 $207,442 $31,940 $175,502
2016 $3,202 $276,045 $31,940 $244,105
2015 $1,593 $276,045 $31,940 $244,105
2014 -- $276,045 $31,940 $244,105
Source: Public Records

Agents Affiliated with this Home

  • Jane Erwin

    Seller's Agent in 2021

    Jane Erwin

    Allen Tate - Burlington

    (336) 214-0599

    17 in this area

    59 Total Sales

    Section Image

  • N

    Buyer's Agent in 2021

    NONMEMBER NONMEMBER

See All Agents

Map

Source: Triad MLS

MLS Number: 1027275

Triad MLS

APN: 122018

North Carolina Alamance County Burlington 27215 West Burlington

250 Chapel Hill Rd, Burlington, NC

This home is located at 250 Chapel Hill Rd, Burlington, NC 27215 since 04 June 2021 and is currently estimated at $460,542, approximately $136 per square foot. This property was built in 1995. 250 Chapel Hill Rd 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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