NOT LISTED FOR SALE

503 Oakland Dr Burlington, NC 27215

West Burlington Neighborhood

Estimated Value: $284,000 - $378,000

3 Beds
2 Baths
2,491 Sq Ft
$133/Sq Ft Est. Value

Last Sold April 09, 2021

Last sale price $180,000 $72 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $1,920/month

85 Days on Market

Highlights

  • Wood Flooring
  • 1 Fireplace
  • Cooling Available
  • Attic
  • Screened Porch
  • Patio

About This Home

As of April 2021

FABULOUS FIND in established West Burlington neighborhood! SO MUCH POTENTIAL with this ONE LEVEL custom built BRICK ranch on 0.42 ACRE CORNER LOT. 3 bed/2 bth split floor plan with FORMAL LIVING & DINING, eat-in KITCHEN, den/study, & screened porch. Garage converted to living space/bonus rm/rec rm. FIREPLACE. Pantry closet. Per Seller, hardwoods under most carpeted areas. Large Master Suite has 2 closets. Roof approx. 10 yrs & HVAC approx. 30 years per seller. Large front and rear yards. Great location close to shopping, restaurants, schools, etc. Short drive to I40/85, Hwy 70, & Elon University. House needs TLC - SOLD AS IS. Seller Motivated - Bring Offers!

Last Agent to Sell the Property

Sandy Ellington-Graves

Allen Tate/Burlington License #208301 Listed on: 10/10/2020

Allen Tate/Burlington

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,351

Year Built

  • 1954

Lot Details

  • 0.42 Acre Lot
  • Lot Dimensions are 94x192
  • Landscaped
  • Rectangular Lot
  • Zoning described as City of Burling

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1-Story Property
  • 1 Fireplace
  • Screened Porch
  • Pull Down Stairs to Attic
  • Electric Range
  • Washer Hookup

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Parking Pad
  • Paved Parking

Outdoor Features

  • Patio
  • Outdoor Storage

Utilities

  • Cooling Available
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 116375

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,351

Year Built

1954

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.42
  • Lot Size: 94x192
  • Directions: From South Church St, Edgewood Ave. Right on Oakland Dr. Home at corner of Oakland & Westover Terrace.
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1954
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Range
  • Has Basement: Crawl Space
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl, Wood
  • Interior Amenities: Attic, Other, Pantry, Pull Down Attic Stairs

Exterior Features

  • Lot Features: Landscaped, Rectangular Lot
  • Construction Type: Brick
  • Other Structures: Storage
  • Patio And Porch Features: Patio, Porch, Screened

Garage/Parking

  • Parking Features: Paved, Parking Pad

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric, Gas
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Size Sq Ft: 18469.0
  • Parcel #: 116375
  • Zoning Description: City of Burling

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2020
Closed on
Apr 7, 2021
Sold by
Vernon John H and Clapp Brandy
Bought by
Neal Thomas S and Estate Of Anne Marie Morgan Ne
Seller's Agent
Sandy Ellington-Graves
Allen Tate/Burlington
List Price
$235,000
Sold Price
$180,000
Premium/Discount to List
-$55,000
-23.4%
Current Estimated Value
$332,363

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,363
Avg. Annual Appreciation
14.99%
Original Mortgage
$171,000
Outstanding Balance
$154,482
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$177,881
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
Neal Thomas S $180,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Neal Thomas S $171,000
Previous Owner Neal Thomas S $39,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2021 04/09/21 Sold $180,000 -23.4% $72 / Sq Ft
01/03/2021 01/03/21 Pending -- -- --
10/10/2020 10/10/20 For Sale $235,000 -- $94 / Sq Ft
Source: Alamance Multiple Listing Service

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 $1,351 $273,552 $45,000 $228,552
2024 $1,283 $273,552 $45,000 $228,552
2023 $2,492 $273,552 $45,000 $228,552
2022 $2,519 $202,959 $50,000 $152,959
2021 $2,260 $180,613 $50,000 $130,613
2020 $2,277 $180,613 $50,000 $130,613
2019 $2,284 $180,613 $50,000 $130,613
2018 $1,073 $180,613 $50,000 $130,613
2017 $2,126 $180,613 $50,000 $130,613
2016 $2,199 $189,579 $50,000 $139,579
2015 $1,094 $189,579 $50,000 $139,579
2014 $1,000 $189,579 $50,000 $139,579
Source: Public Records

Agents Affiliated with this Home

  • Sandy Ellington-Graves

    Seller's Agent in 2021

    Sandy Ellington-Graves

    Allen Tate/Burlington

    (336) 516-2348

    22 in this area

    197 Total Sales

    Sandy Ellington-Graves
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Map

Source: Alamance Multiple Listing Service

MLS Number: 112267

APN: 116375

North Carolina Alamance County Burlington 27215 West Burlington

503 Oakland Dr, Burlington, NC

This home is located at 503 Oakland Dr, Burlington, NC 27215 since 10 October 2020 and is currently estimated at $332,363, approximately $133 per square foot. This property was built in 1954. 503 Oakland Dr 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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