NOT LISTED FOR SALE

3941 Cates Loop Rd Burlington, NC 27217

Estimated Value: $309,000 - $482,061

4 Beds
2 Baths
2,280 Sq Ft
$174/Sq Ft Est. Value

Last Sold August 17, 2021

Last sale price $335,000 $147 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,243/month

85 Days on Market

Highlights

  • Barn
  • 1 Fireplace
  • Carpet
  • 27.7 Acre Lot
  • Cooling Available
  • Heating System Uses Oil

About This Home

As of August 2021

Charming home on 27.7 +/- acres. Has not been remodeled yet, but good bones, roof, newer windows and HVAC. Great property to become self sustainable that is not to far from the interstate.

Last Agent to Sell the Property

Phil Seay

Eagle Auction & Realty License #260360 Listed on: 03/22/2021

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $1,934

Year Built

  • 1925

Lot Details

  • 27.7 Acre Lot
  • Irregular Lot
  • Zoning described as R3511

Home Design

  • Farm

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Farming

  • Barn

Utilities

  • Cooling Available
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 9808651266

Property Details

Property Type

Other

Est. Annual Taxes

$1,934

Year Built

1925

Lot Details

0

Listing Details

  • Property Sub Type: Farm
  • Prop. Type: Residential
  • Lot Size Acres: 27.7
  • Directions: From Burlington... Take 49 North past Haw River and Green Level to a right on Cates Loop, just before Pleasant Grove VFD.
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1925
  • Property Sub Type Additional: Farm
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher
  • Has Basement: Crawl Space, Other, Partial
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Other

Exterior Features

  • Lot Features: Irregular Lot
  • Other Structures: Barn(s)

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Heat Pump, Propane, Oil
  • Heating Yn: Yes

Lot Info

  • Lot Size Sq Ft: 2360081.0
  • Parcel #: 9808651266
  • Zoning Description: R3511

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 9, 2024
Sold by
Ryder Grace Christine
Bought by
Ryder Grace Christine and Armstrong Mark Evans
Current Estimated Value
$397,015

Purchase Details

Closed on
Apr 3, 2024
Sold by
Ryder Rebecca J and Ryder Kenneth C
Bought by
Ryder Grace Christine

Purchase Details

Listed on
Mar 22, 2021
Closed on
Aug 17, 2021
Sold by
Cates Velma W
Bought by
Herbison Dustin John and Ryder Grace Christine
Seller's Agent
Phil Seay
Eagle Auction & Realty
List Price
$389,000
Sold Price
$335,000
Premium/Discount to List
-$54,000
-13.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.14%
Original Mortgage
$268,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 14, 2017
Sold by
Cates Carlton E and Cates Velma W
Bought by
Edgerton Brian A and Edgerton Blakeley C
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
Ryder Grace Christine -- None Listed On Document
Ryder Grace Christine -- None Listed On Document
Ryder Grace Christine -- None Listed On Document
Ryder Grace Christine -- None Listed On Document
Herbison Dustin John $335,000 None Available
Edgerton Brian A $103,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Herbison Dustin John $268,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2025 07/31/25 Off Market $335,000 -- --
08/17/2021 08/17/21 Sold $335,000 -13.9% $147 / Sq Ft
06/15/2021 06/15/21 Pending -- -- --
03/22/2021 03/22/21 For Sale $389,000 -- $171 / 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 $1,934 $325,616 $112,845 $212,771
2024 $1,797 $325,616 $112,845 $212,771
2023 $1,677 $325,616 $112,845 $212,771
2022 $1,568 $204,672 $99,166 $105,506
2021 $1,548 $204,672 $99,166 $105,506
2020 $1,568 $204,672 $99,166 $105,506
2019 $1,576 $204,672 $99,166 $105,506
2018 $0 $204,672 $99,166 $105,506
2017 $1,392 $204,672 $99,166 $105,506
2016 $1,843 $271,008 $170,106 $100,902
2015 $1,780 $271,008 $170,106 $100,902
2014 $1,645 $271,008 $170,106 $100,902
Source: Public Records

Agents Affiliated with this Home

  • Phil Seay

    Seller's Agent in 2021

    Phil Seay

    Eagle Auction & Realty

    (336) 792-0083

    54 Total Sales

    Phil Seay
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Map

Source: Alamance Multiple Listing Service

MLS Number: 116768

APN: 161577

North Carolina Alamance County Burlington 27217

3941 Cates Loop Rd, Burlington, NC

This home is located at 3941 Cates Loop Rd, Burlington, NC 27217 since 22 March 2021 and is currently estimated at $397,015, approximately $174 per square foot. This property was built in 1925. 3941 Cates Loop Rd is a home located in Alamance County with nearby schools including Pleasant Grove Elementary School, Woodlawn Middle School, and Eastern Alamance High School.

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