NOT LISTED FOR SALE

424 Lakeview Ave Burlington, NC 27215

West Burlington Neighborhood

Estimated Value: $180,181 - $194,000

3 Beds
1 Bath
1,100 Sq Ft
$169/Sq Ft Est. Value

Last Sold July 21, 2020

Last sale price $52,990 $48 Per Sq Ft

Est. 252% increase in value since last sale

Current estimated payment $1,035/month

39 Days on Market

Highlights

  • Wood Flooring
  • Porch
  • Fenced
  • No HOA
  • Forced Air Heating and Cooling System
  • 1-minute walk to The park

About This Home

As of July 2020

2 Bedroom 1 Bath cottage. Hardwood floors, separate dining room. Fenced. Wired storage barn, deck, covered porch. Property is owned by US Depart of HUD, case 381-803767. FHA Financing is IE. Insured with escrow. $1100 in repair escrow. Subject to Appraisal. HUD homes are sold AS-IS. Equal Housing Opportunity. Seller makes no represent/warrant as to prop condition. Seller may contribute up to 3% for buyer's closing costs upon buyer request. Owner-Occupant borrowers may qualify for $100 down payment w/ FHA.

Last Agent to Sell the Property

Paula Fields

My Favorite Realty, Inc License #243993 Listed on: 02/28/2020

Last Buyer's Agent

Cara Buchanan

Keller Williams One License #279233

Keller Williams One

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $514

Year Built

  • Built in 1955

Lot Details

  • 0.27 Acre Lot
  • Fenced
  • Property is zoned R6

Parking

  • Driveway

Home Design

  • Frame Construction

Interior Spaces

  • 980 Sq Ft Home
  • 800-1,100 Sq Ft Home
  • Property has 1 Level

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 123288
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$514

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.267
  • Subdivision Name: None
  • Directions: Follow I-40 E to University Dr in Boone Station. Take exit 140 from I-40 E Use the left 2 lanes to turn left onto University Dr Continue onto NC-100 W/NC-87 S/W Webb Ave Turn right after Hardee's (on the right) Dest will be on the left.
  • Above Grade Finished Sq Ft: 980
  • Architectural Style: Ranch
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1955
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 800 - 1100
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Laminate, Wood
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 980
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Fencing: Fenced
  • Pool Features: None
  • Construction Type: Frame
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Parking Features: Driveway

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 123288
  • Zoning: R6
  • TRIADMLS_PricePerAcre: 205992.5094
  • TRIADMLS_DeedPage: 0220
  • TRIADMLS_DeedBook: 0481
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 99.59
  • Tax Year: 2019
  • TRIADMLS_TaxRate: 1.2673

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2020
Closed on
Jul 20, 2020
Sold by
Secretary Of Housing & Urban Development
Bought by
Small Lasanio and Small Keila
Seller's Agent
Paula Fields
My Favorite Realty, Inc
Buyer's Agent
Cara Buchanan
Keller Williams One
Sold Price
$52,990
Current Estimated Value
$186,295

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,305
Avg. Annual Appreciation
21.67%
Original Mortgage
$50,255
Outstanding Balance
$44,662
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$101,115

Purchase Details

Closed on
Jan 6, 2020
Sold by
The Estate Of Leonard W Martin
Bought by
The Secretary Of Hud
Source: Public Records

Range of Values:

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Average Value
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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
Small Lasanio -- None Available
The Secretary Of Hud -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Small Lasanio $50,255
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2020 07/21/20 Sold $52,990 -- $66 / 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 $514 $104,080 $8,000 $96,080
2024 $488 $104,080 $8,000 $96,080
2023 $948 $104,080 $8,000 $96,080
2022 $359 $28,931 $8,000 $20,931
2021 $362 $28,931 $8,000 $20,931
2020 $365 $28,931 $8,000 $20,931
2019 $183 $28,931 $8,000 $20,931
2018 $86 $28,931 $8,000 $20,931
2017 $83 $28,931 $8,000 $20,931
2016 $801 $69,025 $21,500 $47,525
2015 $200 $69,305 $21,500 $47,805
2014 $183 $69,305 $21,500 $47,805
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2020

    Paula Fields

    My Favorite Realty, Inc

    (336) 543-8683

    47 Total Sales

    Paula Fields
    Section Image
  • Cara Buchanan

    Buyer's Agent in 2020

    Cara Buchanan

    Keller Williams One

    (336) 543-4812

    185 Total Sales

    Cara Buchanan
    Section Image
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Map

Source: Triad MLS

MLS Number: 966906

Triad MLS

APN: 123288

North Carolina Alamance County Burlington 27215 West Burlington

424 Lakeview Ave, Burlington, NC

This home is located at 424 Lakeview Ave, Burlington, NC 27215 since 28 February 2020 and is currently estimated at $186,295, approximately $169 per square foot. This property was built in 1955. 424 Lakeview Ave is a home located in Alamance County with nearby schools including Marvin B. Smith Elementary School, Turrentine Middle School, and Walter M. Williams High School.

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