NOT LISTED FOR SALE

509 Chestnut St Burlington, NC 27217

North Burlington Neighborhood

Estimated Value: $183,000 - $197,000

3 Beds
1.5 Baths
1,100 Sq Ft
$174/Sq Ft Est. Value

Sale Details

Date Sold: February 21, 2024

Last sale price $178,500 $162 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,083 / mo

84 Days on Market

Highlights

  • Traditional Architecture
  • Attached Carport
  • Fenced
  • No HOA
  • Forced Air Heating and Cooling System
  • Wood Siding

About This Home

As of February 2024

14 MONTH HOME WARRANTY INCLUDED! Discover the simple elegance of this 3-B 1.5-BA home in Burlington, tucked away on a peaceful, quite street. Fresh updates bring a modern touch, with a kitchen featuring new stainless steel appliances and granite countertops. Enjoy the comfort of new updated flooring installed and bright, updated lighting. With a NEW ROOF installed above and a spacious, fenced yard with extra storage and a carport, this home is the epitome of convenience. Close to Elon University and the buzz of downtown Burlington, it's ready for easy living. NO HOA. Come and see it today!

Last Agent to Sell the Property

Stephanie Smith

Select Premium Properties, Inc. License #233506 Listed on: 10/29/2023

Last Buyer's Agent

NONMEMBER NONMEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,051

Year Built

  • Built in 1989

Lot Details

  • 10,019 Sq Ft Lot
  • Street terminates at a dead end
  • Fenced
  • Property is zoned R6

Parking

  • 1 Car Garage
  • Attached Carport

Home Design

  • Traditional Architecture
  • Wood Siding

Interior Spaces

  • 960 Sq Ft Home
  • 800-1,100 Sq Ft Home
  • Property has 1 Level
  • Vinyl Flooring
  • Crawl Space
  • Fire and Smoke Detector
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Turrentine Middle School
  • Williams High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 125874
  • 0% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,051

Year Built

Built in 1989

Lot Details

10,019 Sq Ft Lot

Parking

1

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.23
  • Lot Size: 0
  • Subdivision Name: None
  • Directions: Elon University, 100 Campus Dr, Elon, NC 27244. From E Haggard Ave, go 1.6 mi east, then right onto NC-100 W/NC-87 S for 0.3 mi. Turn left on Flora Ave for 0.7 mi. Continue on Durham St for 1.0 mi. Finally, turn left on E Elm St, left on Chestnut St
  • Above Grade Finished Sq Ft: 960
  • Architectural Style: Traditional
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1989
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 800 - 1100
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Microwave, Electric Water Heater
  • Flooring: Vinyl
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 960
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

  • Fencing: Fenced
  • Lot Features: Dead End
  • Pool Features: None
  • Construction Type: Wood Siding
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Carport, Attached Carport
  • Garage Description: Attached Carport

Utilities

  • Sewer: Public Sewer
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Forced Air, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Hillcrest
  • High School: Williams
  • Middle Or Junior School: Turrentine

Lot Info

  • Parcel #: 125874
  • Zoning: R6
  • TRIADMLS_PlatBook: 011-0109
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 1051
  • Tax Year: 2022
  • TRIADMLS_TaxRate: 0.48

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2023
Closed on
Feb 21, 2024
Sold by
Life Change Properties Llc
Bought by
Patel Tilak
Seller's Agent
Stephanie Smith
Select Premium Properties, Inc.
Buyer's Agent
NONMEMBER NONMEMBER
List Price
$209,000
Sold Price
$178,500
Premium/Discount to List
-$30,500
-14.59%
Views
325
Current Estimated Value
$191,217

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,717
Avg. Annual Appreciation
3.18%
Original Mortgage
$142,800
Outstanding Balance
$140,300
Interest Rate
6.66%
Mortgage Type
New Conventional
Estimated Equity
$50,917

Purchase Details

Closed on
Aug 28, 2023
Sold by
Hallaji Nasser and Hallaji Violet Ann
Bought by
Sparrow Dwellings Llc
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
Patel Tilak $178,500 None Listed On Document
Patel Tilak $178,500 None Listed On Document
Sparrow Dwellings Llc -- None Listed On Document
Sparrow Dwellings Llc $440,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Tilak $142,800
Closed Patel Tilak $142,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/21/2024 02/21/24 Sold $178,500 -0.6% $223 / Sq Ft
01/22/2024 01/22/24 Pending -- -- --
01/12/2024 01/12/24 Price Changed $179,500 -0.2% $224 / Sq Ft
11/30/2023 11/30/23 Price Changed $179,900 -2.2% $225 / Sq Ft
11/18/2023 11/18/23 Price Changed $184,000 -3.2% $230 / Sq Ft
11/08/2023 11/08/23 Price Changed $189,999 -4.8% $237 / Sq Ft
11/03/2023 11/03/23 Price Changed $199,500 -4.5% $249 / Sq Ft
10/29/2023 10/29/23 For Sale $209,000 -- $261 / Sq Ft
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 $833 $168,643 $19,350 $149,293
2024 $791 $168,643 $19,350 $149,293
2023 $1,536 $168,643 $19,350 $149,293
2022 $1,051 $84,649 $18,000 $66,649
2021 $1,059 $84,649 $18,000 $66,649
2020 $1,067 $84,649 $18,000 $66,649
2019 $1,070 $84,649 $18,000 $66,649
2018 $503 $84,649 $18,000 $66,649
2017 $997 $84,649 $18,000 $66,649
2016 $1,051 $90,624 $18,000 $72,624
2015 $523 $90,624 $18,000 $72,624
2014 -- $90,624 $18,000 $72,624
Source: Public Records

Agents Affiliated with this Home

  • Stephanie Smith

    Seller's Agent in 2024

    Stephanie Smith

    Select Premium Properties, Inc.

    (910) 518-9280

    2 in this area

    929 Total Sales

    Stephanie Smith
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Map

Source: Triad MLS

MLS Number: 1123784

Triad MLS

APN: 125874

North Carolina Alamance County Burlington 27217 North Burlington

509 Chestnut St, Burlington, NC

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