506 Morgan Terrace Burlington, NC 27217
North Burlington NeighborhoodEstimated Value: $213,000 - $270,821
4
Beds
2
Baths
1,395
Sq Ft
$177/Sq Ft
Est. Value
About This Home
This home is located at 506 Morgan Terrace, Burlington, NC 27217 and is currently estimated at $247,205, approximately $177 per square foot. 506 Morgan Terrace is a home located in Alamance County with nearby schools including Hillcrest Elementary School, Turrentine Middle School, and Walter M. Williams High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 8, 2007
Sold by
New Frontier Investments
Bought by
Williams Nitchia
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,600
Outstanding Balance
$65,159
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$182,046
Purchase Details
Closed on
Oct 21, 2006
Sold by
Substitute Trustee Svcs
Bought by
New Frontier Investments
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
6.31%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 24, 2000
Sold by
Robinson Phadoumar
Bought by
Gant Kelly L
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Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Williams Nitchia | $108,000 | -- | |
New Frontier Investments | $61,000 | -- | |
Gant Kelly L | $116,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Williams Nitchia | $102,600 | |
Previous Owner | New Frontier Investments | $70,000 |
Source: Public Records
Tax History Compared to Growth
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 | $1,378 | $279,010 | $20,000 | $259,010 |
2024 | $1,309 | $279,010 | $20,000 | $259,010 |
2023 | $2,542 | $279,010 | $20,000 | $259,010 |
2022 | $1,085 | $87,428 | $10,000 | $77,428 |
2021 | $1,094 | $87,428 | $10,000 | $77,428 |
2020 | $1,102 | $87,428 | $10,000 | $77,428 |
2019 | $1,105 | $87,428 | $10,000 | $77,428 |
2018 | $520 | $87,428 | $10,000 | $77,428 |
2017 | $505 | $87,428 | $10,000 | $77,428 |
2016 | $1,375 | $118,545 | $15,000 | $103,545 |
2015 | $684 | $118,545 | $15,000 | $103,545 |
2014 | $625 | $118,545 | $15,000 | $103,545 |
Source: Public Records
Map
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