NOT LISTED FOR SALE

332 Cates Ave Burlington, NC 27215

East Burlington Neighborhood

Estimated Value: $128,000 - $143,000

2 Beds
1 Bath
673 Sq Ft
$202/Sq Ft Est. Value

Last Sold December 16, 2024

Last sale price $132,500 $197 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $771/month

35 Days on Market

About This Home

As of December 2024

Are you looking for a move in ready starter home? You have found the perfect place! Come see this adorable two bedroom, one bathroom updated home. Fresh paint throughout, brand new roof, vinyl plank flooring and carpet this year! Great sized back yard for tons of your personal touches and ideas. Storage building for your outdoor toys and tools, too! Make your appointment to see it today!

Last Agent to Sell the Property

Stephanie Schwartz

SM1 Property Solutions License #294700 Listed on: 10/11/2024

Last Buyer's Agent

Ashton Dixon

Elevation Realty License #325581

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $535

Year Built

  • Built in 1954

Lot Details

  • 5,227 Sq Ft Lot

Parking

  • Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 673 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 133371
  • 0% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$535

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.12
  • Subdivision Name: None
  • Directions: 40 East towards Burlington. Take exit 145 for NC-49. Turn left on NC-49/Maple Ave. Turn right on Quintas. Turn left on Belmont. Turn right on Cates. Cates on the corner of Cates and Belmont on the right.
  • Above Grade Finished Sq Ft: 673
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1954
  • TRIADMLS_PrimaryOnMainYN: Yes
  • Idx Status: Sold
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 673
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Pool Features: None
  • Construction Type: Vinyl Siding
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: See Remarks, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 133371
  • Zoning: RES

Tax Info

  • Tax Annual Amount: 535.25
  • Tax Year: 2024
  • TRIADMLS_TaxRate: 0.469

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2024
Closed on
Dec 16, 2024
Sold by
Jones Thomas Dale
Bought by
Palacios Jennifer Tapia
Seller's Agent
Stephanie Schwartz
SM1 Property Solutions
Buyer's Agent
Ashton Dixon
Elevation Realty
List Price
$139,900
Sold Price
$132,500
Premium/Discount to List
-$7,400
-5.29%
Views
44
Current Estimated Value
$137,820

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,320
Avg. Annual Appreciation
2.48%
Original Mortgage
$132,500
Outstanding Balance
$131,444
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$4,404

Purchase Details

Listed on
May 7, 2021
Closed on
Jul 14, 2021
Sold by
Garrison Spencer Lee and Garrison Treena Whitt
Bought by
Jones Thomas Dale
Seller's Agent
Spencer Garrison
Elevation Realty, LLC
Buyer's Agent
Joshua Whitley
appcomm, inc
List Price
$89,900
Sold Price
$87,000
Premium/Discount to List
-$2,900
-3.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.05%
Original Mortgage
$78,300
Interest Rate
2.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 16, 2009
Sold by
Reo Portfolio Svrs Llc
Bought by
Garrison Spencer Lee

Purchase Details

Closed on
Jul 22, 2008
Sold by
Ib Property Holdings Llc
Bought by
Svrs Reo Portfolio

Purchase Details

Closed on
Apr 2, 2001
Sold by
Brown Robert E
Bought by
Ladybug Properties

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,000
Interest Rate
7.02%
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
Palacios Jennifer Tapia $132,500 None Listed On Document
Palacios Jennifer Tapia $132,500 None Listed On Document
Jones Thomas Dale $87,000 First American Mortgage Sln
Garrison Spencer Lee $17,000 --
Svrs Reo Portfolio $10,000 --
Ladybug Properties $33,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palacios Jennifer Tapia $132,500
Closed Palacios Jennifer Tapia $132,500
Previous Owner Jones Thomas Dale $78,300
Previous Owner Ladybug Properties $44,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/16/2024 12/16/24 Sold $132,500 -1.8% $197 / Sq Ft
11/15/2024 11/15/24 Pending -- -- --
11/08/2024 11/08/24 Price Changed $134,900 -3.6% $200 / Sq Ft
10/11/2024 10/11/24 For Sale $139,900 +60.8% $208 / Sq Ft
07/14/2021 07/14/21 Sold $87,000 -3.2% $120 / Sq Ft View Prior Sale
05/31/2021 05/31/21 Pending -- -- --
05/07/2021 05/07/21 For Sale $89,900 -- $123 / 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 $564 $114,125 $12,878 $101,247
2024 $535 $114,125 $12,878 $101,247
2023 $1,040 $114,125 $12,878 $101,247
2022 $229 $18,448 $5,872 $12,576
2021 $110 $18,448 $5,872 $12,576
2020 $233 $18,448 $5,872 $12,576
2019 $233 $18,448 $5,872 $12,576
2018 $110 $18,448 $5,872 $12,576
2017 $106 $18,448 $5,872 $12,576
2016 $455 $39,204 $20,000 $19,204
2015 $226 $39,204 $20,000 $19,204
2014 -- $39,204 $20,000 $19,204
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2024

    Stephanie Schwartz

    SM1 Property Solutions

    (336) 890-6807

    1 in this area

    14 Total Sales

    Stephanie Schwartz
    Section Image

  • A

    Buyer's Agent in 2024

    Ashton Dixon

    Elevation Realty

    (336) 684-0277

    3 in this area

    77 Total Sales

    Ashton Dixon
    Section Image

  • S

    Seller's Agent in 2021

    Spencer Garrison

    Elevation Realty, LLC

  • Joshua Whitley

    Buyer's Agent in 2021

    Joshua Whitley

    appcomm, inc

    (336) 263-4408

    8 in this area

    120 Total Sales

    Joshua Whitley
    Section Image
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Map

Source: Triad MLS

MLS Number: 1158890

Triad MLS

APN: 133371

North Carolina Alamance County Burlington 27215 East Burlington

332 Cates Ave, Burlington, NC

Not Listed for Sale

Detached

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