NOT LISTED FOR SALE

406 Burlington Rd Gibsonville, NC 27249

Estimated Value: $183,000 - $252,000

3 Beds
2 Baths
1,275 Sq Ft
$176/Sq Ft Est. Value

Last Sold June 14, 2024

Last sale price $243,000 $191 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $1,343/month

22 Days on Market

Highlights

  • Ranch Style House
  • 1 Car Detached Garage
  • Laundry Room
  • No HOA
  • Living Room
  • Central Air

About This Home

As of June 2024

*MOTIVATED SELLER*
Offering $3500 in Seller Paid Closing cost as well a Home Warranty! This completely 3 bedroom 2 bath home features fresh paint, new windows, new flooring, updated fixtures, a new roof, and a HVAC system less than 3yrs old. At the rear of the home, you will find an enclosed porch as well as the Laundry Room which features a sink. This home boasts ample space in all areas. Oversized bedrooms and large living spaces. If that's not enough to love, you will be amazed at the space in the backyard. You find a Metal carport, detached garage with a wired workshop, and additional storage sheds for all your storage needs. Enjoy the oversized front porch, or pick pecans from the trees in the backyard. Location! Location! Location! Located in the heart of charming Gibsonville, this home is less than 10 minutes to the interstate with close proximity to downtown. Search for parking no more for the Gibsonville festivities such as the Fall Festival, Lighting of the Green, or the Gibsonville Parade. Schedule your showing today and make this place HOME!

Last Agent to Sell the Property

Chloe Enoch

Keller Williams Realty United License #311396 Listed on: 04/25/2024

Keller Williams Realty United

Last Buyer's Agent

Non Member

Non Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,380

Year Built

  • Built in 1906

Lot Details

  • 0.27 Acre Lot

Home Design

  • Ranch Style House
  • Permanent Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,275 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Utility Room
  • Laundry Room
  • Scuttle Attic Hole

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Detached Garage
  • Carport

Schools

  • Elon Elementary School
  • Western Middle School
  • West Alamance High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 107507

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,380

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Year Built: 1906
  • Prop. Type: Residential
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 1275.0
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • General Property Information Lot Size Dimensions: See Plat
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Appliances Microwave: Yes
  • Architectural Style Ranch: Yes
  • Cooling Central Air: Yes
  • Laundry Features Laundry Room: Yes
  • Levels One: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Room Types Bedroom 2 Level: Main
  • Room Types Dining Room2: Yes
  • Room Types Primary Bedroom Level: Main
  • Flooring Vinyl: Yes
  • Room Types Utility Room: Yes
  • Room Types Living Room2: Yes
  • Utilities Cable Available: Yes
  • Flooring Laminate: Yes
  • Attic Features Scuttle: Yes
  • General Property Information Enhanced Accessible2: No
  • Roof:Shingle: Yes
  • General Property Information Above Grade Finished Area: 1275.0
  • General Property Information Carport YN: No
  • Foundation Details Permanent: Yes
  • General Property Information Lot Size Square Feet2: 11761.2
  • General Property Information Lot Size Acres: 0.27
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Laminate, Vinyl
  • Interior Amenities: Ceiling Fan(s)
  • Appliances: Dishwasher, Electric Water Heater, Microwave
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Total Bedrooms: 8
  • Appliances Dishwasher: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Appliances:Electric Water Heater: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.27
  • Construction Type: Vinyl Siding
  • Foundation Details: Permanent
  • Construction Materials:Vinyl Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Open Parking: No
  • Parking Features: Carport, Detached, Garage
  • Total Parking Spaces: 1.0
  • Parking Features:Garage: Yes
  • Parking Features:Detached: Yes
  • Parking Features:Carport: Yes
  • General Property Information:Parking Total: 1.0
  • General Property Information:Open Parking YN2: No

Utilities

  • Utilities: Cable Available
  • Heating: Electric, Heat Pump
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Alamance - West Alamance
  • Middle Or Junior School: Alamance - Western

Lot Info

  • Lot Dimensions: See Plat
  • Lot Size Sq Ft: 11761.2
  • ResoLotSizeUnits: Acres
  • Parcel #: 107507

Tax Info

  • Tax Annual Amount: 1380.0
  • Tax Year: 2023

MLS Schools

  • Elementary School: Alamance - Elon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2024
Closed on
Jun 12, 2024
Sold by
Jeti Llc
Bought by
Lyons Shannah
Seller's Agent
Chloe Enoch
Keller Williams Realty United
Buyer's Agent
Non Member
Non Member Office
List Price
$249,000
Sold Price
$243,000
Premium/Discount to List
-$6,000
-2.41%
Views
51
Current Estimated Value
$224,228

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$18,772
Avg. Annual Appreciation
-6.43%
Original Mortgage
$182,250
Outstanding Balance
$180,167
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$44,061

Purchase Details

Closed on
Jan 25, 2022
Sold by
Alton Stines
Bought by
Jeti Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,984
Interest Rate
3.45%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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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
Lyons Shannah $243,000 None Listed On Document
Lyons Shannah $243,000 None Listed On Document
Jeti Llc $75,000 Davis Humbert Law
Jeti Llc $75,000 Davis Humbert Law
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lyons Shannah $182,250
Previous Owner Jeti Llc $106,984
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2024 06/14/24 Sold $243,000 -2.4% $191 / Sq Ft
05/18/2024 05/18/24 Pending -- -- --
04/25/2024 04/25/24 For Sale $249,000 -- $195 / Sq Ft
Source: Doorify 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 $1,465 $143,051 $30,000 $113,051
2024 $1,372 $143,051 $30,000 $113,051
2023 $1,319 $143,051 $30,000 $113,051
2022 $867 $73,835 $25,000 $48,835
2021 $761 $73,835 $25,000 $48,835
2020 $882 $73,835 $25,000 $48,835
2019 $886 $73,835 $25,000 $48,835
2018 $0 $73,835 $25,000 $48,835
2017 $820 $73,835 $25,000 $48,835
2016 $728 $66,793 $25,000 $41,793
2015 $385 $66,793 $25,000 $41,793
2014 $352 $66,793 $25,000 $41,793
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10025212

Doorify MLS

APN: 107507