NOT LISTED FOR SALE

518 E Davis St Burlington, NC 27215

East Burlington Neighborhood

Estimated Value: $277,000 - $333,298

Studio
2 Baths
3,388 Sq Ft
$89/Sq Ft Est. Value

Last Sold February 15, 2023

Last sale price $230,000 $68 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,710/month

26 Days on Market

About This Home

As of February 2023

INVESTMENT OPPORTUNITY! So much potential in East Davis Historic District (recognized district yet not regulated historic district). Spacious 5 bedroom property presently used as a triplex with 3,000+ sq ft. Nice corner lot. Needs work - being sold AS IS, no exceptions. ** Offers must be submitted in writing on NC OTP with proof of funds or pre-approval letter ** Helpful information about the East Davis Street Historic Districtcan be located here:

Last Agent to Sell the Property

Sandy Ellington-Graves

Allen Tate/Burlington License #208301 Listed on: 01/20/2023

Allen Tate/Burlington

Last Buyer's Agent

NonMls Agent NonMls Agent

Non Mls Firm

Property Details

Home Type

  • Multi-Family

Year Built

  • 1910

Lot Details

  • 0.34

Home Design

  • Triplex
  • Vinyl Siding

Additional Features

  • 2-Story Property
  • 0.34 Acre Lot
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 136454

Property Details

Home Type

Multi-Family

Year Built

1910

Lot Details

0

Listing Details

  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.34
  • Directions: From I40/85, Exit 145. Maple Ave towards downtown Burlington. R on Cameron St. Home on corner of Cameron St and Davis St just off Webb Avenue.
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1910
  • Property Sub Type Additional: Triplex
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement YN: No
  • Fireplace: No

Exterior Features

  • Construction Type: Vinyl Siding

Utilities

  • Heating: Gas
  • Heating Yn: Yes

Lot Info

  • Lot Size Sq Ft: 14854.0
  • Parcel #: 136454

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2023
Closed on
Feb 17, 2023
Sold by
A & D Printing Llc
Bought by
Good News Real Estate Investment Llc
Seller's Agent
Sandy Ellington-Graves
Allen Tate/Burlington
Buyer's Agent
NonMls Agent NonMls Agent
Non Mls Firm
List Price
$250,000
Sold Price
$230,000
Premium/Discount to List
-$20,000
-8%
Current Estimated Value
$300,325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,325
Avg. Annual Appreciation
9.60%

Purchase Details

Closed on
Nov 24, 2019
Sold by
H & M Futures Llc
Bought by
A & D Printing Llc
Source: Public Records
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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
Good News Real Estate Investment Llc $230,000 --
Good News Real Estate Investment Llc $230,000 None Listed On Document
A & D Printing Llc -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/17/2023 02/17/23 Pending -- -- --
02/15/2023 02/15/23 Sold $230,000 -8.0% $68 / Sq Ft
01/20/2023 01/20/23 For Sale $250,000 -- $74 / 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
2025 $1,679 $339,929 $18,000 $321,929
2024 $1,594 $339,929 $18,000 $321,929
2023 $3,097 $339,929 $18,000 $321,929
2022 $1,730 $139,435 $10,000 $129,435
2021 $1,744 $139,435 $10,000 $129,435
2020 $1,758 $139,435 $10,000 $129,435
2019 $1,763 $139,435 $10,000 $129,435
2018 $829 $139,435 $10,000 $129,435
2017 $1,642 $139,435 $10,000 $129,435
2016 $1,415 $121,989 $15,000 $106,989
2015 $704 $121,989 $15,000 $106,989
2014 -- $121,989 $15,000 $106,989
Source: Public Records

Agents Affiliated with this Home

  • Sandy Ellington-Graves

    Seller's Agent in 2023

    Sandy Ellington-Graves

    Allen Tate/Burlington

    (336) 516-2348

    24 in this area

    188 Total Sales

    Sandy Ellington-Graves
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Map

Source: Alamance Multiple Listing Service

MLS Number: 126553

APN: 136454

North Carolina Alamance County Burlington 27215 East Burlington

518 E Davis St, Burlington, NC

Not Listed for Sale

MultiFamily

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