NOT LISTED FOR SALE

553 Meadowood Dr Burlington, NC 27215

West Burlington Neighborhood

Estimated Value: $614,413 - $732,000

4 Beds
2.5 Baths
3,700 Sq Ft
$181/Sq Ft Est. Value

Last Sold May 19, 2021

Last sale price $510,000 $138 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $3,759/month

6 Days on Market

Highlights

  • Secluded Lot
  • Attic
  • No HOA
  • Wood Flooring
  • Solid Surface Countertops
  • Arched Doorways

About This Home

As of May 2021

Gorgeous home defined by meticulously manicured hedges on a corner lot in highly desired Somerton. Built by a prominent home builder, Ralph Harris, for his daughter. You are welcomed by the stately front door with handmade sidelights & transoms of antique glass/metal. This all brick house features decorative bricks & detailed brickwork. Large open rooms, gleaming hardwood floors & custom detailed woodwork throughout inside. All the cabinetry was crafted by a local cabinetmaker. There is a fabulous wall of cherry cabinets, bookshelves & fireplace in the den. Built in bookshelves & cabinets in the bonus room. A second floor laundry room with utility sink & built in cabinets add convenience. The large washer & dryer conveys with the home. Extensive private landscaping, irrigation, large patio with a brick wall & wrought iron gate, covered porch off the breakfast room & tons of lighting to enjoy your own backyard oasis. This is the perfect home for entertaining inside & out!

Last Agent to Sell the Property

Jim Wooten

Keller Williams Central License #272830 Listed on: 03/28/2021

Keller Williams Central

Last Buyer's Agent

Cameron Denny

Image Realty Group License #290379

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,508

Year Built

  • Built in 1996

Lot Details

  • 0.38 Acre Lot
  • Dog Run
  • Secluded Lot
  • Corner Lot
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3,435 Sq Ft Home
  • 3,000-3,700 Sq Ft Home
  • Property has 2 Levels
  • Wet Bar
  • Ceiling Fan
  • Arched Doorways
  • Den with Fireplace
  • Intercom

Kitchen

  • Built-In Range
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Separate Shower

Laundry

  • Laundry on upper level
  • Dryer Hookup

Attic

  • Walk-In Attic
  • Permanent Attic Stairs

Outdoor Features

  • Balcony
  • Outdoor Storage

Schools

  • Turrentine Middle School
  • Williams High School

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 114818
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,508

Year Built

Built in 1996

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.38
  • Lot Size: 16596
  • Subdivision Name: None
  • Directions: S Church Street, Right on Meadowood Dr. (2entrances off Church St) Property is on the corner of Meadowood and Somerton Ct.
  • Above Grade Finished Sq Ft: 3435
  • Unit Levels: Two
  • Structure Type: House
  • Year Built: 1996
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 3000 - 3700
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: VirtualTour

Interior Features

  • Appliances: Oven, Built-In Range, Cooktop, Dishwasher, Gas Water Heater
  • Flooring: Carpet, Wood
  • Interior Amenities: Great Room, Arched Doorways, Built-in Features, Ceiling Fan(s), Dead Bolt(s), Kitchen Island, Pantry, See Remarks, Separate Shower, Solid Surface Counter, Wet Bar
  • Other Equipment: Intercom
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Den
  • Fireplaces: 1
  • Living Area: 3435
  • Main Level Bathrooms: 1
  • Attic Description: Floored Attic, Permanent Stairs, Walk in Attic
  • TRIADMLS_FixtureExceptionYN: Yes
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 3

Exterior Features

  • Exterior Features: Balcony, Lighting, Dog Run, Garden, Remarks, Sprinkler System
  • Lot Features: City Lot, Corner Lot, Secluded
  • Pool Features: None
  • Exclusions: Chandelier In Dining Room Does Not Convey.
  • Construction Type: Brick
  • Other Structures: Storage
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Laundry Room - 2nd Level, Washer Hookup
  • Security: Security Lights, Security System, Smoke Detector(s)
  • 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: No

Schools

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

Lot Info

  • Parcel #: 114818
  • Zoning: Residential
  • TRIADMLS_PricePerAcre: 1315789.4737
  • TRIADMLS_PlatPage: 55
  • TRIADMLS_DeedPage: 70
  • TRIADMLS_DeedBook: 1080
  • TRIADMLS_PlatBook: 53
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 4508
  • Tax Year: 2020
  • TRIADMLS_TaxRate: 1.27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2021
Closed on
May 19, 2021
Sold by
Fowler Rebekah H and The Trust
Bought by
Meadows Van F and Meadows Sheila
Seller's Agent
Jim Wooten
Keller Williams Central
Buyer's Agent
Cameron Denny
Image Realty Group
List Price
$500,000
Sold Price
$510,000
Premium/Discount to List
$10,000
2%
Current Estimated Value
$670,853

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,853
Avg. Annual Appreciation
6.38%
Original Mortgage
$408,000
Outstanding Balance
$369,750
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$301,103

Purchase Details

Closed on
Dec 6, 1999
Sold by
Alamance Realty Inc
Bought by
Joe Fowler Construct Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$321,600
Interest Rate
7.99%

Purchase Details

Closed on
May 14, 1997
Bought by
Fowler Rebekah H Trustee
Source: Public Records

Range of Values:

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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
Meadows Van F $510,000 None Available
Joe Fowler Construct Inc $55,000 --
Fowler Rebekah H Trustee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meadows Van F $408,000
Previous Owner Joe Fowler Construct Inc $321,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/19/2021 05/19/21 Sold $510,000 +2.0% $170 / Sq Ft
04/04/2021 04/04/21 Pending -- -- --
03/28/2021 03/28/21 For Sale $500,000 -- $167 / 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
2025 $2,553 $516,702 $60,000 $456,702
2024 $2,423 $516,702 $60,000 $456,702
2023 $4,707 $516,702 $60,000 $456,702
2022 $4,436 $357,471 $65,000 $292,471
2021 $4,472 $357,471 $65,000 $292,471
2020 $4,508 $357,471 $65,000 $292,471
2019 $4,520 $357,471 $65,000 $292,471
2018 $2,124 $357,471 $65,000 $292,471
2017 $4,209 $357,471 $65,000 $292,471
2016 $4,146 $357,450 $65,000 $292,450
2015 $2,063 $357,450 $65,000 $292,450
2014 $1,885 $357,450 $65,000 $292,450
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Jim Wooten

    Keller Williams Central

    (336) 512-6278

    51 in this area

    119 Total Sales

    Jim Wooten
    Section Image

  • C

    Buyer's Agent in 2021

    Cameron Denny

    Image Realty Group

    (336) 213-5707

    8 in this area

    77 Total Sales

    Cameron Denny
    Section Image
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Map

Source: Triad MLS

MLS Number: 1017704

Triad MLS

APN: 114818

North Carolina Alamance County Burlington 27215 West Burlington

553 Meadowood Dr, Burlington, NC

This home is located at 553 Meadowood Dr, Burlington, NC 27215 since 28 March 2021 and is currently estimated at $670,853, approximately $181 per square foot. This property was built in 1996. 553 Meadowood Dr is a home located in Alamance County with nearby schools including Marvin B. Smith Elementary School, Turrentine Middle School, and Walter M. Williams High School.

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