NOT LISTED FOR SALE

3209 Rae Dr Burlington, NC 27215

Estimated Value: $421,112 - $486,000

3 Beds
2 Baths
2,073 Sq Ft
$213/Sq Ft Est. Value

Last Sold December 10, 2021

Last sale price $330,000 $159 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $2,503/month

5 Days on Market

Highlights

  • Deck
  • 1 Fireplace
  • Detached Garage
  • Cathedral Ceiling
  • Separate Outdoor Workshop
  • Porch

About This Home

As of December 2021

You will love making this one your own! Living room offers cathedral ceiling, gorgeous stone front fireplace, a loft(not included in Sq Ft) with built in desk perfect for office, hobby or just a place to get away & relax with a good book. The kitchen has custom Oak Cabinetry with a pantry, all appliances remain. Den has oak cabinets with desk space, bookshelves, so much storage and an exit to your multi level deck overlooking nature's beauty & a spacious backyard. The upper level of the deck is covered for those hot summer days. A Generac whole house generator remains. As if this isn't enough, there is a double det garage with pull down attic stairs, also an extra 21x12 garage space. At the rear of the garage there is an upper level 17x18 room great for office, craft or recreational/exercise room with large storage closets. On the lower level you will find a 22x14 workshop with built in cabinets, storage closet, roll up door & covered 13x12 pad just outside. Come make it home!

Last Agent to Sell the Property

Donna Bowers

A+ Appraisal Service License #245470 Listed on: 11/10/2021

Last Buyer's Agent

NonMls Agent NonMls Agent

Non Mls Firm

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,333

Year Built

  • 1977

Lot Details

  • 1.52 Acre Lot
  • Landscaped
  • Irregular Lot

Parking

  • Detached Garage

Interior Spaces

  • 1-Story Property
  • Built-In Features
  • Cathedral Ceiling
  • 1 Fireplace
  • Dryer

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Separate Outdoor Workshop
  • Outdoor Storage
  • Porch

Utilities

  • Cooling Available
  • Heating System Uses Gas
  • Power Generator

Listing and Financial Details

  • Assessor Parcel Number 119922

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,333

Year Built

1977

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.52
  • Directions: Hwy 49 South out of Burlington, right on Bellmont Alamance Rd. left on Rae Dr. Home at the end on the right.From Hwy 62 South Turn left on Bellmont Alamance Rd. (near E.M. Holt Elem) turn right on Rae Dr.
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1977
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Microwave, Range, Refrigerator, Washer
  • Other Equipment: Generator
  • Has Basement: Crawl Space
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Interior Amenities: Built-in Features, Cathedral Ceiling(s), Other

Exterior Features

  • Lot Features: Irregular Lot, Landscaped
  • Construction Type: Other
  • Other Structures: Storage, Workshop
  • Patio And Porch Features: Deck, Porch

Garage/Parking

  • Parking Features: Detached, Paved

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Gas
  • Heating Yn: Yes

Lot Info

  • Lot Size Sq Ft: 59503.0
  • Parcel #: 119922
  • Zoning Description: Res

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2021
Closed on
Dec 9, 2021
Sold by
Hoover James N and Hoover Iris E
Bought by
Banks Charles E and Thompson Karen Lipinski
Seller's Agent
Donna Bowers
A+ Appraisal Service
Buyer's Agent
NonMls Agent NonMls Agent
Non Mls Firm
List Price
$289,900
Sold Price
$330,000
Premium/Discount to List
$40,100
13.83%
Current Estimated Value
$441,278

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,278
Avg. Annual Appreciation
7.78%
Original Mortgage
$88,500
Outstanding Balance
$81,429
Interest Rate
3.14%
Mortgage Type
New Conventional
Estimated Equity
$359,849

Purchase Details

Closed on
May 25, 2010
Sold by
Simmons Walter L
Bought by
Hoover James N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,600
Interest Rate
5.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2004
Sold by
Murray Henry
Bought by
Simmons Walter
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
Banks Charles E $330,250 First American Title
Hoover James N $212,000 --
Simmons Walter $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Banks Charles E $88,500
Previous Owner Hoover James N $169,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/10/2021 12/10/21 Sold $330,000 +13.8% $159 / Sq Ft
11/15/2021 11/15/21 Pending -- -- --
11/10/2021 11/10/21 For Sale $289,900 -- $140 / Sq Ft
Source: Alamance Multiple Listing Service

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 $2,333 $386,744 $42,250 $344,494
2024 $2,120 $386,744 $42,250 $344,494
2023 $1,967 $386,744 $42,250 $344,494
2022 $1,446 $189,330 $32,745 $156,585
2021 $1,444 $186,868 $32,745 $154,123
2020 $1,463 $186,868 $32,745 $154,123
2019 $1,472 $186,868 $32,745 $154,123
2018 $0 $186,868 $32,745 $154,123
2017 $1,296 $186,868 $32,745 $154,123
2016 $1,299 $188,938 $38,202 $150,736
2015 $1,292 $188,938 $38,202 $150,736
2014 $1,198 $188,938 $38,202 $150,736
Source: Public Records

Agents Affiliated with this Home

  • Donna Bowers

    Seller's Agent in 2021

    Donna Bowers

    A+ Appraisal Service

    (336) 263-4633

    28 Total Sales

    Donna Bowers
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Map

Source: Alamance Multiple Listing Service

MLS Number: 121485

APN: 119922

North Carolina Alamance County Burlington 27215

3209 Rae Dr, Burlington, NC

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