RENTED DEC 12, 2025

4625 Grassy Ln Burlington, NC 27215

Estimated Value: $263,000 - $345,000

3 Beds
2 Baths
1,488 Sq Ft
$197/Sq Ft Est. Value

About This Home

As of December 2025

$500 off January rent if lease is signed and deposit received by January 31st.
Expires November 30, 2025 Nice house sitting on one acre lot surrounded by trees and backyard fences in a quiet rural neighborhood. Plenty of privacy. New painting, new Vinyl plank floors and a new HVAC. Ceiling fans in all rooms. Large kitchen with a central cooking island. Refrigerator, microwave and range are included. A large storage shed in backyard and a large newly upgraded wooden deck at front entrance. Well water and septic system. Applicants need to have a gross income about 3 times of rent or more, reasonable credit scores, no recent eviction history and to pass background checks. Showings can only be arranged for pre-qualified applicants. Small and medium pets allowed for a monthly fee plus pet deposit. Tenants are responsible for all utilities, lawn care, bush cutting, yard cleaning

Last Agent to Rent the Property

Nelson Padilla

LPT Realty, LLC License #339406 Listed on: 11/11/2025

LPT Realty, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1978

Lot Details

  • 1 Acre Lot

Parking

  • Driveway

Bedrooms and Bathrooms

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

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Year Built

Built in 1978

Lot Details

1 Acres

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential Lease
  • Lot Size Acres: 1
  • Directions: From I-40/85, take Exit 143 for NC-62 toward Alamance Rd. Turn south on NC-62/Alamance Rd. Continue for about 3 miles, then turn right onto Grassy Lane. Home will be on the left.
  • Year Built: 1978
  • TRIADMLS_PrimaryOnMainYN: Yes
  • Idx Status: Sold
  • TRIADMLS_CityLimitsYN: No
  • Special Features: None

Interior Features

  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Basement YN: No

Exterior Features

  • Pool Features: None
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Parking Features: Driveway

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 26, 2024
Sold by
4625 Grassy Land and Huang Kenneth
Bought by
Optimum Growth Llc
Current Estimated Value
$293,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,500
Outstanding Balance
$147,586
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$145,769

Purchase Details

Closed on
Dec 21, 2022
Sold by
Cottle Charles R
Bought by
4625 Grassy Land Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
6.58%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 1, 2018
Sold by
Cottle Teresa M
Bought by
Cottle Charles

Purchase Details

Closed on
Apr 19, 1996
Bought by
Cottle Charles and Cottle Teresa M
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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Purchase History

Date Buyer Sale Price Title Company
Optimum Growth Llc -- None Listed On Document
Optimum Growth Llc -- None Listed On Document
4625 Grassy Land Trust $100,000 --
4625 Grassy Land Trust $80,000 --
Cottle Charles -- None Available
Cottle Charles $76,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Optimum Growth Llc $150,500
Closed Optimum Growth Llc $150,500
Previous Owner 4625 Grassy Land Trust $45,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/12/2025 12/12/25 Rented $1,700 -5.0% --
11/11/2025 11/11/25 For Rent $1,790 -- --
Source: Triad MLS

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 $1,301 $215,614 $35,468 $180,146
2024 $1,182 $215,614 $35,468 $180,146
2023 $1,097 $215,614 $35,468 $180,146
2022 $806 $105,563 $31,293 $74,270
2021 $817 $105,563 $31,293 $74,270
2020 $827 $105,563 $31,293 $74,270
2019 $831 $105,563 $31,293 $74,270
2018 $0 $105,563 $31,293 $74,270
2017 $736 $105,563 $31,293 $74,270
2016 $751 $109,243 $33,127 $76,116
2015 $747 $109,243 $33,127 $76,116
2014 $697 $109,935 $33,127 $76,808
Source: Public Records

Agents Affiliated with this Home

  • N

    Landlord's Agent in 2025

    Nelson Padilla

    LPT Realty, LLC

    (919) 634-0462

    2 Total Sales

    Nelson Padilla
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Map

Source: Triad MLS

MLS Number: 1201804

Triad MLS

APN: 129620

North Carolina Alamance County Burlington 27215

4625 Grassy Ln, Burlington, NC

Not Listed for Sale

Detached

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