NOT LISTED FOR SALE

414 E Morehead St Burlington, NC 27215

Downtown Burlington Neighborhood

Estimated Value: $171,000 - $387,187

5 Beds
2 Baths
2,755 Sq Ft
$83/Sq Ft Est. Value

Last Sold July 30, 2025

Last sale price $175,000 $64 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,279/month

31 Days on Market

Highlights

  • 0.5 Acre Lot
  • Wood Flooring
  • No HOA
  • Traditional Architecture
  • Main Floor Primary Bedroom
  • Living Room

About This Home

As of July 2025

Each unit has a range and refrigerator that will convey. Units are vacant. conveniently located Downtown Burlington, close to public transportation. INVESTMENT OPPORTUNITY! Two story duplex. Large 92x108 lot. Could be 5 bedrooms. Seller makes no representation as to property condition, systems, etc. Will be SOLD AS IS.

Last Agent to Sell the Property

Gary Renigar

Keller Williams Central License #212661 Listed on: 06/04/2025

Keller Williams Central

Last Buyer's Agent

Paul Linear

Keller Williams Central License #311567

Keller Williams Central

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,726

Year Built

  • Built in 1950

Lot Details

  • 0.5 Acre Lot

Home Design

  • Traditional Architecture
  • Permanent Foundation
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2,755 Sq Ft Home
  • 2-Story Property
  • Living Room

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Schools

  • Grove Park Elementary School
  • Turrentine Middle School
  • Walter Williams High School

Utilities

  • No Cooling
  • Forced Air Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 135948

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,726

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Year Built: 1950
  • Prop. Type: Residential
  • Road Surface Type: Asphalt
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 2755.0
  • Architectural Style: Traditional
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • General Property Information Basement YN: No
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Levels Two: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: Main
  • Flooring Vinyl: Yes
  • Room Types Living Room2: Yes
  • Flooring Wood: Yes
  • General Property Information Enhanced Accessible2: No
  • Roof:Shingle: Yes
  • Cooling None4: Yes
  • General Property Information Above Grade Finished Area: 2755.0
  • Foundation Details Permanent: Yes
  • General Property Information Lot Size Square Feet2: 21605.76
  • General Property Information Lot Size Acres: 0.496
  • General Property Information:Living Area3: 2755.0
  • DelayedMarketingYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl, Wood
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 5

Exterior Features

  • Roof: Shingle
  • Acres: 0.5
  • Construction Type: Wood Siding
  • Foundation Details: Permanent
  • Construction Materials:Wood Siding: Yes

Garage/Parking

  • Open Parking: No
  • General Property Information:Open Parking YN2: No

Utilities

  • Heating: Forced Air
  • Cooling: None
  • Cooling Y N: No
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Alamance - Walter Williams
  • Middle Or Junior School: Alamance - Turrentine

Lot Info

  • Lot Size Sq Ft: 21605.76
  • ResoLotSizeUnits: Acres
  • Parcel #: 135948

Tax Info

  • Tax Annual Amount: 1726.0
  • Tax Year: 2023

MLS Schools

  • Elementary School: Alamance - Grove Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2025
Closed on
Jul 28, 2025
Sold by
Hernandez Estates Llc
Bought by
Lumbu Managements Llc
Seller's Agent
Gary Renigar
Keller Williams Central
Buyer's Agent
Paul Linear
Keller Williams Central
List Price
$209,500
Sold Price
$175,000
Premium/Discount to List
-$34,500
-16.47%
Views
217
Current Estimated Value
$229,297

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,297
Avg. Annual Appreciation
99.95%
Original Mortgage
$288,100
Outstanding Balance
$287,855
Interest Rate
6.81%
Mortgage Type
Construction
Estimated Equity
-$58,558

Purchase Details

Listed on
Feb 16, 2023
Closed on
May 26, 2023
Sold by
H & M Futures Llc
Bought by
Hernandez Estates Llc
Seller's Agent
Sandy Ellington-Graves
Allen Tate/Burlington
Buyer's Agent
NonMls Agent NonMls Agent
Non Mls Firm
List Price
$160,000
Sold Price
$170,000
Premium/Discount to List
$10,000
6.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.35%
Original Mortgage
$144,500
Interest Rate
6.39%
Mortgage Type
New Conventional
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
Lumbu Managements Llc $175,000 None Listed On Document
Lumbu Managements Llc $175,000 None Listed On Document
Hernandez Estates Llc $170,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lumbu Managements Llc $288,100
Closed Lumbu Managements Llc $288,100
Previous Owner Hernandez Estates Llc $144,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/30/2025 07/30/25 Sold $175,000 -16.5% $64 / Sq Ft
07/05/2025 07/05/25 Pending -- -- --
06/04/2025 06/04/25 For Sale $209,500 0.0% $76 / Sq Ft
06/02/2025 06/02/25 Pending -- -- --
10/14/2024 10/14/24 For Sale $209,500 +23.2% $76 / Sq Ft
06/01/2023 06/01/23 Sold $170,000 +6.3% $62 / Sq Ft View Prior Sale
04/04/2023 04/04/23 Pending -- -- --
02/16/2023 02/16/23 For Sale $160,000 -- $58 / 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 $936 $189,493 $104,787 $84,706
2024 $889 $189,493 $104,787 $84,706
2023 $819 $189,493 $104,787 $84,706
2022 $1,001 $80,637 $15,000 $65,637
2021 $1,006 $80,637 $15,000 $65,637
2020 $1,017 $80,637 $15,000 $65,637
2019 $1,020 $80,637 $15,000 $65,637
2018 $479 $80,637 $15,000 $65,637
2017 $465 $80,637 $15,000 $65,637
2016 $1,366 $117,733 $15,000 $102,733
2015 $679 $117,733 $15,000 $102,733
2014 -- $117,733 $15,000 $102,733
Source: Public Records

Agents Affiliated with this Home

  • Gary Renigar

    Seller's Agent in 2025

    Gary Renigar

    Keller Williams Central

    (336) 684-4011

    10 in this area

    205 Total Sales

    Gary Renigar
    Section Image
  • Paul Linear

    Buyer's Agent in 2025

    Paul Linear

    Keller Williams Central

    (678) 549-3893

    1 in this area

    83 Total Sales

    Paul Linear
    Section Image
  • Sandy Ellington-Graves

    Seller's Agent in 2023

    Sandy Ellington-Graves

    Allen Tate/Burlington

    (336) 516-2348

    7 in this area

    189 Total Sales

    Sandy Ellington-Graves
    Section Image
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Map

Source: Doorify MLS

MLS Number: 10058137

Doorify MLS

APN: 135948

North Carolina Alamance County Burlington 27215 Downtown Burlington

414 E Morehead St, Burlington, NC

Not Listed for Sale

MultiFamily

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