NOT LISTED FOR SALE

516 Peele St Unit B Burlington, NC 27215

Downtown Burlington Neighborhood

Estimated Value: $133,000 - $230,000

2 Beds
2.5 Baths
1,400 Sq Ft
$90/mo HOA Fee

Last Sold August 02, 2016

Last sale price $55,000 $39 Per Sq Ft

Est. 224% increase in value since last sale

Current estimated payment $1,108/month

20 Days on Market

Highlights

  • Wood Flooring
  • Central Air
  • Ceiling Fan

About This Home

As of August 2016

Adorable Shadowood 2-story condo, walking distance to downtown Burlington! Kitchen/Breakfast w/laundry closet. Separate DR w/patio doors. Privacy fenced patio, 17x7, w/storage room. Two good-sized bedrooms on second floor, each with their own full bathroom. Large 5x7 storage closet upstairs. Half bath on 1st floor. Storage fills every nook and cranny! Needs new paint/carpet, a little TLC. Homeowner’s Insurance included in HOA!!

Last Agent to Sell the Property

Lucinda Dudley

Keller Williams Central License #236733 Listed on: 06/06/2016

Keller Williams Central

Last Buyer's Agent

Beth Alexander

Hillcrest Realty Group License #275573

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $890

Year Built

  • Built in 1968

Lot Details

  • 653

HOA Fees

  • $90 Monthly HOA Fees

Parking

  • No Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,283 Sq Ft Home
  • 1,100-1,400 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Free-Standing Range
  • Dryer Hookup

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Schools

  • Turrentine Middle School
  • Walter M Williams High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • Shadowood Condos Subdivision

Listing and Financial Details

  • Tax Lot B
  • Assessor Parcel Number 126157
  • 1% Total Tax Rate

Property Details

Home Type

Condominium

Est. Annual Taxes

$890

Year Built

Built in 1968

Lot Details

0

HOA Fees

$90 per month

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size: 0
  • Subdivision Name: Shadowood Condos
  • Directions: I40E, Exit 143, Left on NC 62 N, Right on Church St, Left on W 5th St, Left on W Davis St, Right on Peele St, building 516 on Right
  • Above Grade Finished Sq Ft: 1283
  • Unit Levels: Two
  • Structure Type: Condominium
  • Year Built: 1968
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1100 - 1400
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Slide-In Oven/Range, Electric Water Heater
  • Flooring: Carpet, Vinyl, Wood
  • Interior Amenities: Ceiling Fan(s), Dead Bolt(s)
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 1283
  • Main Level Bathrooms: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Exterior Features: Garden
  • Lot Features: City Lot
  • Construction Type: Brick, Vinyl Siding
  • Foundation Details: Slab

Garage/Parking

  • Parking Features: No Garage
  • Garage Description: None

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: 90
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 126157
  • Zoning: R 15
  • TRIADMLS_PlatPage: 31
  • TRIADMLS_DeedPage: 82
  • TRIADMLS_DeedBook: 871
  • TRIADMLS_PlatBook: 24
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 890
  • Tax Lot: B
  • Tax Year: 2015
  • TRIADMLS_TaxRate: 1.16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2016
Closed on
Jul 29, 2016
Sold by
The Estate Of Phyllis Smith Lowe
Bought by
Oliveira Joao C
Seller's Agent
Lucinda Dudley
Keller Williams Central
Buyer's Agent
Beth Alexander
Hillcrest Realty Group
List Price
$60,000
Sold Price
$55,000
Premium/Discount to List
-$5,000
-8.33%
Current Estimated Value
$178,081

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,081
Avg. Annual Appreciation
13.88%
Original Mortgage
$44,000
Outstanding Balance
$35,666
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$142,246

Purchase Details

Closed on
Feb 25, 1994
Bought by
Lowe Phyllis S
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
Oliveira Joao C $55,000 Attorney
Lowe Phyllis S $73,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oliveira Joao C $44,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2016 08/02/16 Sold $55,000 -8.3% $50 / Sq Ft
06/27/2016 06/27/16 Pending -- -- --
06/06/2016 06/06/16 For Sale $60,000 -- $55 / Sq Ft
Source: Triad MLS

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
2024 $519 $110,702 $23,000 $87,702
2023 $478 $110,702 $23,000 $87,702
2022 $683 $55,034 $7,500 $47,534
2021 $688 $55,034 $7,500 $47,534
2020 $694 $55,034 $7,500 $47,534
2019 $696 $55,034 $7,500 $47,534
2018 $327 $55,034 $7,500 $47,534
2017 $318 $55,034 $7,500 $47,534
2016 $891 $76,797 $10,000 $66,797
2015 -- $76,797 $10,000 $66,797
2014 -- $76,797 $10,000 $66,797
Source: Public Records

Agents Affiliated with this Home

  • Lucinda Dudley

    Seller's Agent in 2016

    Lucinda Dudley

    Keller Williams Central

    (336) 214-7201

    9 in this area

    232 Total Sales

    Section Image
  • Beth Alexander

    Buyer's Agent in 2016

    Beth Alexander

    Hillcrest Realty Group

    (336) 688-1852

    1 in this area

    51 Total Sales

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Map

Source: Triad MLS

MLS Number: 797525

Triad MLS

APN: 126157

North Carolina Alamance County Burlington 27215 Downtown Burlington

516 Peele St Unit B, Burlington, NC

This home is located at 516 Peele St Unit B, Burlington, NC 27215 since 06 June 2016 and is currently estimated at $181,108, approximately $129 per square foot. This property was built in 1968. 516 Peele St Unit B is a home located in Alamance County with nearby schools including Hillcrest Elementary School, Turrentine Middle School, and Walter M. Williams High School.

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