NOT LISTED FOR SALE

506 Hillcrest Ave Burlington, NC 27215

Downtown Burlington Neighborhood

Estimated Value: $222,000 - $244,537

3 Beds
1.5 Baths
1,600 Sq Ft
$147/Sq Ft Est. Value

Last Sold September 25, 2023

Last sale price $210,000 $131 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,298/month

13 Days on Market

Highlights

  • Living Room with Fireplace
  • No HOA
  • Bungalow
  • Wood Flooring
  • Porch
  • Detached Carport Space

About This Home

As of September 2023

Investors! This charming Burlington bungalow is as cute as it was in 1930 when it was built! It has 3 bedrooms and 1.5 bathrooms but has an additional room that can be another bedroom/office or an additional living room/den. Washer/Dryer connections in the spacious kitchen that goes out to the backyard that is partially fenced in. Separate dining room perfect for entertaining beside the large living room. Sit out on the front porch or take a short drive to Burlington City Park. Home is renter occupied, do not disturb occupants. Great home to continue as a rental or fix up and live there yourself! See agent remarks.

Last Agent to Sell the Property

Ashley McDowell

Keller Williams Realty Elite License #330628 Listed on: 05/20/2023

Keller Williams Realty Elite

Last Buyer's Agent

Ashley McDowell

Keller Williams Realty Elite License #330628 Listed on: 05/20/2023

Keller Williams Realty Elite

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $721

Year Built

  • Built in 1930

Lot Details

  • 6,621 Sq Ft Lot
  • Fenced
  • Property is zoned R 9

Home Design

  • Bungalow
  • Brick Exterior Construction

Interior Spaces

  • 1,442 Sq Ft Home
  • 1,200-1,600 Sq Ft Home
  • Property has 1 Level
  • Living Room with Fireplace
  • 2 Fireplaces
  • Den with Fireplace
  • Wood Flooring
  • Unfinished Basement
  • Crawl Space

Kitchen

  • Free-Standing Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • Detached Carport Space
  • On-Street Parking

Utilities

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

Additional Features

  • Porch
  • City Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 126053
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$721

Year Built

Built in 1930

Lot Details

6,621 Sq Ft Lot

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.152
  • Subdivision Name: None
  • Directions: Take S Church St to Hillcrest Ave, home is on the left across from the school
  • Above Grade Finished Sq Ft: 1442
  • Architectural Style: Bungalow
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1930
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1200 - 1600
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Slide-In Oven/Range, Gas Water Heater
  • Flooring: Wood
  • Has Basement: Unfinished, Crawl Space
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Den, Living Room
  • Fireplaces: 2
  • Living Area: 1442
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_HalfBathsMain: 1

Exterior Features

  • Fencing: Fenced
  • Lot Features: City Lot
  • Pool Features: None
  • Construction Type: Brick
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Parking Features: On Street, Detached Carport
  • Garage Description: Detached Carport

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 126053
  • Zoning: R 9
  • TRIADMLS_PlatPage: 164
  • TRIADMLS_PlatBook: 2602
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 721.12
  • Tax Year: 2022
  • TRIADMLS_TaxRate: 0.65

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2023
Closed on
Sep 7, 2023
Sold by
Scharpenberg Michael and Scharpenberg Amy
Bought by
Ansaldo Ilarionoe and Hernandez Irma V
Seller's Agent
Ashley McDowell
Keller Williams Realty Elite
Buyer's Agent
Ashley McDowell
Keller Williams Realty Elite
List Price
$215,000
Sold Price
$210,000
Premium/Discount to List
-$5,000
-2.33%
Views
154
Current Estimated Value
$235,384

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,384
Avg. Annual Appreciation
4.71%
Original Mortgage
$199,500
Outstanding Balance
$195,269
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$40,115

Purchase Details

Closed on
Jul 24, 2007
Sold by
Burwell Janet K
Bought by
Scharpenberg Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,087
Interest Rate
6.71%
Mortgage Type
VA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ansaldo Ilarionoe $210,000 None Listed On Document
Ansaldo Ilarionoe $210,000 None Listed On Document
Scharpenberg Michael $122,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ansaldo Ilarionoe $199,500
Closed Ansaldo Ilarionoe $199,500
Previous Owner Scharpenberg Michael $126,087
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2023 09/25/23 Sold $210,000 -2.3% $175 / Sq Ft
06/03/2023 06/03/23 Pending -- -- --
05/20/2023 05/20/23 For Sale $215,000 0.0% $179 / Sq Ft
03/13/2023 03/13/23 Rented $1,250 0.0% --
03/13/2023 03/13/23 Under Contract -- -- --
03/06/2023 03/06/23 For Rent $1,250 -- --
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 $884 $179,014 $29,500 $149,514
2024 $840 $179,014 $29,500 $149,514
2023 $1,631 $179,014 $29,500 $149,514
2022 $1,384 $111,498 $25,000 $86,498
2021 $1,395 $111,498 $25,000 $86,498
2020 $1,406 $111,498 $25,000 $86,498
2019 $1,410 $111,498 $25,000 $86,498
2018 $663 $111,498 $25,000 $86,498
2017 $1,313 $111,498 $25,000 $86,498
2016 $1,191 $102,666 $22,500 $80,166
2015 $592 $102,666 $22,500 $80,166
2014 -- $102,666 $22,500 $80,166
Source: Public Records

Agents Affiliated with this Home

  • Ashley McDowell

    Seller's Agent in 2023

    Ashley McDowell

    Keller Williams Realty Elite

    (336) 978-3303

    1 in this area

    37 Total Sales

    Ashley McDowell
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Map

Source: Triad MLS

MLS Number: 1106374

Triad MLS

APN: 126053

North Carolina Alamance County Burlington 27215 Downtown Burlington

506 Hillcrest Ave, Burlington, NC

Not Listed for Sale

Detached

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