NOT LISTED FOR SALE

516B Peele St Burlington, NC 27215

Downtown Burlington Neighborhood

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

2 Beds
2.5 Baths
1,452 Sq Ft
$125/Sq Ft Est. Value

Last Sold August 02, 2016

Last sale price $55,000 $38 Per Sq Ft

Est. 229% increase in value since last sale

Current estimated payment $1,124/month

27 Days on Market

Highlights

  • Wood Flooring
  • Built-In Features
  • Patio
  • Fenced Yard
  • Cooling Available
  • Rectangular Lot

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. Homeowneras Insurance Included In Hoa!!

Last Agent to Sell the Property

Cindy Dudley

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

Keller Williams Central

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $519

Year Built

  • 1968

Lot Details

  • Fenced Yard
  • Rectangular Lot
  • Zoning described as R 15

HOA Fees

  • $90 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Built-In Features
  • Electric Range
  • Washer Hookup

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • Paved Parking
  • Assigned Parking

Outdoor Features

  • Patio

Utilities

  • Cooling Available
  • Heat Pump System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 8865847928

Home Details

Home Type

Single Family

Est. Annual Taxes

$519

Year Built

1968

Lot Details

0

HOA Fees

$90 per month

Listing Details

  • Prop. Type: Residential
  • Lot Size: 0
  • Directions: Nc 70 E, Left On Fountain Pl, Right On W Front St, Left On Peele St, Parking Lot/Building 516 On The Right.
  • Unit Levels: Two
  • Building Stories: 2
  • Structure Type: Other
  • Year Built: 1968
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Electric Range
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Carpet, Vinyl, Wood
  • Interior Amenities: Built-in Features, Other, Pantry

Exterior Features

  • Lot Features: Rectangular Lot
  • Construction Type: Brick, Vinyl Siding
  • Exterior Features: Fence
  • Foundation Details: Slab
  • Patio And Porch Features: Patio

Garage/Parking

  • Parking Features: Assigned, Paved

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump
  • Heating Yn: Yes
  • Utilities: Cable Available

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Association #2 Fee Frequency: Monthly
  • Association Fee: 90.0
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 8865847928
  • Zoning Description: R 15

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
Cindy Dudley
Keller Williams Central
List Price
$60,000
Sold Price
$55,000
Premium/Discount to List
-$5,000
-8.33%
Current Estimated Value
$181,108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,108
Avg. Annual Appreciation
14.11%
Original Mortgage
$44,000
Outstanding Balance
$35,666
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$145,442

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% $38 / Sq Ft
07/03/2016 07/03/16 Pending -- -- --
06/06/2016 06/06/16 For Sale $60,000 -- $41 / 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
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

  • C

    Seller's Agent in 2016

    Cindy Dudley

    Keller Williams Central

    (336) 214-7201

    3 in this area

    151 Total Sales

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Map

Source: Alamance Multiple Listing Service

MLS Number: 91688

APN: 126157

North Carolina Alamance County Burlington 27215 Downtown Burlington

516B Peele St, Burlington, NC

This home is located at 516B Peele St, Burlington, NC 27215 since 06 June 2016 and is currently estimated at $181,108, approximately $124 per square foot. This property was built in 1968. 516B Peele St 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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