NOT LISTED FOR SALE

Estimated Value: $251,000 - $277,762

2 Beds
1 Bath
1,700 Sq Ft
$156/Sq Ft Est. Value

Last Sold April 26, 2021

Last sale price $185,000 $109 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $1,543/month

4 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Bungalow
  • Corner Lot
  • Porch
  • Outdoor Storage

About This Home

As of April 2021

Charming brick bungalow on spacious corner lot in central location just 5 minutes to downtown Burlington, 5 minutes to I-40 access, and 8 minutes to Elon University. Covered front porch, beautiful hardwoods, large open kitchen, 2 bedrooms with bonus space off 2nd bedroom, dedicated stairs to floored attic with great potential for expansion. Fantastic detached wired building formerly used as an art studio could serve many purposes for the new owners; plus two additional storage buildings on property. New roof in 2019. ***Seller has requested all offers in by Sunday 3/28 at 2pm***

Last Agent to Sell the Property

Hilary Hill

RE/MAX DIAMOND REALTY License #228694 Listed on: 03/24/2021

RE/MAX DIAMOND REALTY

Last Buyer's Agent

NONMEMBER NONMEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,568

Year Built

  • Built in 1948

Lot Details

  • 0.5 Acre Lot
  • Corner Lot
  • Level Lot

Parking

  • Driveway

Home Design

  • Bungalow
  • Brick Exterior Construction

Interior Spaces

  • 1,579 Sq Ft Home
  • 1,400-1,700 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Insulated Windows
  • Living Room with Fireplace
  • Dryer Hookup

Kitchen

  • Free-Standing Range
  • Dishwasher

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Attic

  • Walk-In Attic
  • Permanent Attic Stairs

Outdoor Features

  • Outdoor Storage
  • Porch

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

Listing and Financial Details

  • Assessor Parcel Number 122011
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,568

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.5
  • Subdivision Name: None
  • Directions: Church Street to Chapel Hill Road, turn right on Trail Five, first driveway on the left. House on the corner of Chapel Hill Rd and Trail Five.
  • Above Grade Finished Sq Ft: 1579
  • Architectural Style: Bungalow
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1948
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1400 - 1700
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • Special Features: None

Interior Features

  • Appliances: Microwave, Dishwasher, Slide-In Oven/Range, Gas Water Heater
  • Flooring: Laminate, Wood
  • Interior Amenities: Ceiling Fan(s), Pantry
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log, Living Room
  • Fireplaces: 1
  • Living Area: 1579
  • Main Level Bathrooms: 1
  • Attic Description: Permanent Stairs, Walk in Attic
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Fencing: None
  • Lot Features: City Lot, Corner Lot, Level
  • Pool Features: None
  • Construction Type: Brick
  • Other Structures: Storage
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Parking Features: Driveway

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Parcel #: 122011
  • Zoning: SFR
  • TRIADMLS_PricePerAcre: 339800
  • TRIADMLS_PlatPage: 143
  • TRIADMLS_DeedPage: 633
  • TRIADMLS_DeedBook: 1050
  • TRIADMLS_PlatBook: 3
  • TRIADMLS_AcresRange: 0 - 1

Tax Info

  • Tax Annual Amount: 1568
  • Tax Year: 2020
  • TRIADMLS_TaxRate: 1.2673

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2021
Closed on
Apr 26, 2021
Sold by
Burchett Duane Michael and Burchett Edith Medford
Bought by
White Steven R
Seller's Agent
Hilary Hill
RE/MAX DIAMOND REALTY
Buyer's Agent
NONMEMBER NONMEMBER
Sold Price
$185,000
Current Estimated Value
$264,941

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,941
Avg. Annual Appreciation
8.61%
Original Mortgage
$175,750
Outstanding Balance
$159,612
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$105,329
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
White Steven R $185,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open White Steven R $175,750
Previous Owner Burchett Duane Michael $75,532
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2021 04/26/21 Sold $185,000 -- $132 / 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 $1,317 $266,573 $49,250 $217,323
2024 $1,250 $266,573 $49,250 $217,323
2023 $2,429 $266,573 $49,250 $217,323
2022 $1,543 $124,317 $30,000 $94,317
2021 $1,555 $124,317 $30,000 $94,317
2020 $1,568 $124,317 $30,000 $94,317
2019 $1,572 $124,317 $30,000 $94,317
2018 $739 $124,317 $30,000 $94,317
2017 $717 $124,317 $30,000 $94,317
2016 $1,379 $118,877 $30,000 $88,877
2015 $686 $118,877 $30,000 $88,877
2014 $627 $118,877 $30,000 $88,877
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1017225

Triad MLS

APN: 122011