$615,000
SOLD NOV 10, 2021

552 Meadowood Dr Burlington, NC 27215

5 Beds
4.5 Baths
4,900 Sq Ft
0.44 Acres

Recently Sold

$126 Per Sq Ft

2% Below List Price

9 Days on Market

Highlights

  • Traditional Architecture
  • Main Floor Primary Bedroom
  • Corner Lot
  • Wood Flooring
  • Attic
  • 2 Car Attached Garage

About This Home

As of January 2025

Beautiful brick home on a corner lot in the highly desired Somerton neighborhood. Upon entry you are greeted by 20+ foot vaulted ceilings and the ornate woodwork you will find throughout the home. Two Master bedrooms; one on the first floor. All of the bedrooms have large closets; the largest featured in the 2nd Master bedroom that was originally built to be a nursey. Updated open kitchen, spacious formal dining room, office and living room downstairs. Large bonus room with separate staircase, laundry and 4 bedrooms upstairs. 3rd floor walk-in attic that would be a great space to finish and add to your square footage. Outside you have the fully enclosed sunroom with 220amp for your hot tub. Fenced in backyard with garden space. 2 car garage with Tesla hookup. Too many features to list... MUST SEE!

Last Agent to Sell the Property

Jim Wooten

Keller Williams Central License #272830 Listed on: 08/13/2021

Keller Williams Central

Last Buyer's Agent

NONMEMBER NONMEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,681

Year Built

  • Built in 1999

Lot Details

  • 0.44 Acre Lot
  • Fenced
  • Corner Lot

HOA Fees

  • $6 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 4,658 Sq Ft Home
  • 4,100-4,900 Sq Ft Home
  • Property has 2 Levels
  • Living Room with Fireplace
  • Walk-In Attic
  • Laundry on upper level

Kitchen

  • Built-In Range
  • Kitchen Island

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main

Schools

  • Turrentine Middle School
  • Walter M Williams High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • Somerton Subdivision

Listing and Financial Details

  • Tax Lot 68
  • Assessor Parcel Number 115014
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,681

Year Built

Built in 1999

Lot Details

0

HOA Fees

$6 per month

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.44
  • Lot Size: .44
  • Subdivision Name: Somerton
  • Directions: S Church Street, Right on Meadowood Dr. (2entrances off Church St) Property is on the corner of Meadowood and Abingdon Pl
  • Above Grade Finished Sq Ft: 4658
  • Architectural Style: Traditional
  • Unit Levels: Two
  • Structure Type: House
  • Year Built: 1999
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 4100 - 4900
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • TRIADMLS_ElevatorYN: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Oven, Built-In Range, Gas Water Heater
  • Flooring: Carpet, Wood
  • Interior Amenities: Kitchen Island
  • Has Basement: Crawl Space
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 4658
  • Main Level Bathrooms: 2
  • Attic Description: Floored Attic, Partially Floored, Walk in Attic
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 3

Exterior Features

  • Exterior Features: Garden
  • Fencing: Fenced
  • Lot Features: City Lot, Corner Lot
  • Pool Features: None
  • Construction Type: Brick
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Driveway, Garage, Attached
  • Garage Description: Attached Garage

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Laundry Room - 2nd Level
  • Cooling: Central Air
  • Heating: Forced Air, Electric, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric, Natural Gas
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee: 75
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 115014
  • Zoning: RES
  • TRIADMLS_PricePerAcre: 1420454.5455
  • TRIADMLS_PlatPage: 55
  • TRIADMLS_DeedPage: 0700
  • TRIADMLS_DeedBook: 3742
  • TRIADMLS_PlatBook: 053
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 5681
  • Tax Lot: 68
  • Tax Year: 2020
  • TRIADMLS_TaxRate: 1.27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2024
Closed on
Jan 8, 2025
Sold by
Adams Hart Sheila
Bought by
Bowers Roger Lee and Bowers Tamara Allen
Seller's Agent
Kale Hornaday
Coldwell Banker Advantage
Buyer's Agent
Beth Glidewell
Keller Williams Central
List Price
$745,000
Sold Price
$708,000
Premium/Discount to List
-$37,000
-4.97%
Views
47
Current Estimated Value
$735,799

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,799
Avg. Annual Appreciation
7.54%
Original Mortgage
$408,000
Outstanding Balance
$406,953
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$328,846

Purchase Details

Listed on
Aug 13, 2021
Closed on
Nov 8, 2021
Sold by
Hayward Wa and Hayward Susan
Bought by
Hart Sheila Adams
Seller's Agent
Jim Wooten
Keller Williams Central
Buyer's Agent
NONMEMBER NONMEMBER
List Price
$625,000
Sold Price
$615,000
Premium/Discount to List
-$10,000
-1.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.56%
Original Mortgage
$548,250
Interest Rate
3.01%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 18, 2017
Closed on
Feb 8, 2018
Sold by
Yuen Bandy and Yuen Salina
Bought by
Hayward Susan
Seller's Agent
Amber Harvalias
eXp Realty, LLC - C
Buyer's Agent
Daniel Byrd
Pillar Real Estate
List Price
$425,000
Sold Price
$425,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.36%

Purchase Details

Closed on
Aug 22, 2001
Sold by
Community Savings Bank
Bought by
Yuen Bandy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
7.18%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $708,000 None Listed On Document
Warranty Deed $708,000 None Listed On Document
Warranty Deed $615,000 None Available
Warranty Deed $425,000 Attorney
Deed $440,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $408,000 New Conventional
Closed $408,000 New Conventional
Previous Owner $548,250 New Conventional
Previous Owner $3,525,000 Non Purchase Money Mortgage
Previous Owner $120,000 Non Purchase Money Mortgage
Previous Owner $30,245 No Value Available
Previous Owner $250,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2025 01/08/25 Sold $708,000 -5.0% $159 / Sq Ft
11/21/2024 11/21/24 Pending -- -- --
11/20/2024 11/20/24 For Sale $745,000 +21.1% $167 / Sq Ft
11/10/2021 11/10/21 Sold $615,000 -1.6% $150 / Sq Ft
08/23/2021 08/23/21 Pending -- -- --
08/13/2021 08/13/21 For Sale $625,000 +47.1% $152 / Sq Ft
02/09/2018 02/09/18 Sold $425,000 0.0% $117 / Sq Ft
01/10/2018 01/10/18 Pending -- -- --
09/18/2017 09/18/17 For Sale $425,000 -- $117 / 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 $3,011 $641,996 $60,000 $581,996
2023 $2,773 $641,996 $60,000 $581,996
2022 $5,592 $450,556 $65,000 $385,556
2021 $5,637 $450,556 $65,000 $385,556
2020 $5,681 $450,556 $65,000 $385,556
2019 $5,683 $450,556 $65,000 $385,556
2018 $0 $450,556 $65,000 $385,556
2017 $5,304 $450,556 $65,000 $385,556
2016 $5,381 $463,859 $65,000 $398,859
2015 $2,677 $463,859 $65,000 $398,859
2014 $2,446 $463,859 $65,000 $398,859
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1036901

Triad MLS

APN: 115014