NOT LISTED FOR SALE

615 S Broad St Burlington, NC 27215

Downtown Burlington Neighborhood

Estimated Value: $171,000 - $226,000

6 Beds
3 Baths
-- Sq Ft
0.25 Acres

Last Sold October 21, 2022

Last sale price $152,300

Est. 30% increase in value since last sale

Current estimated payment $1,148/month

21 Days on Market

About This Home

As of October 2022

2-Story Home w/3 apartment located in the South Broad - Fifth Street Historic District. Walk to restaurants and downtown. (1) main level-LR/Kitchen/1BR/1Bath (shower), (2) Upstairs- LR, Kitchen/2BR/1Bath, (3) Left main level-LR/Kitchen/2BR/DR/1Bath (tub). All 3 unit's water, gas, electric are separate. Unit 1 & 3 vacant. Unit 2 leased until 10/31. Sold "As Is" Needs repair.

Last Agent to Sell the Property

mark heizer

HCO Properties License #211497 Listed on: 04/21/2022

Last Buyer's Agent

NonMls Agent NonMls Agent

Non Mls Firm

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $774

Year Built

  • 1940

Lot Details

  • 0.25

Home Design

  • Triplex

Additional Features

  • 2-Story Property
  • 0.25 Acre Lot

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 135489

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$774

Year Built

1940

Lot Details

0

Listing Details

  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.25
  • Directions: Take I-40/85 West towards Burlington, take Exit 143, Alamance Rd/NC-62. At exit ramp, turn Rand follow Alamance Road, then turn R onto S Mebane St., Turn L onto E Morehead St., Take the 1st L onto S Broad St., 615 S BROAD ST is on the right.
  • Architectural Style: Two Story
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1940
  • Property Sub Type Additional: Triplex
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement YN: No
  • Fireplace: No
  • Stories: 1

Lot Info

  • Lot Size Sq Ft: 11021.0
  • Parcel #: 135489
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 1256.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 6, 2022
Sold by
George Keikarion
Bought by
Er Property Rehabs Llc
Current Estimated Value
$198,630

Purchase Details

Listed on
Aug 25, 2016
Closed on
Aug 3, 2017
Sold by
King Jerry L
Bought by
George Keikarion
Seller's Agent
Gary Renigar
Keller Williams Central
Buyer's Agent
NONMEMBER NONMEMBER
List Price
$114,900
Sold Price
$105,000
Premium/Discount to List
-$9,900
-8.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.27%
Original Mortgage
$103,098
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 29, 1997
Bought by
King Jerry L
Source: Public Records

Range of Values:

Collateral Analytics

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Average Value
Not Available
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
Er Property Rehabs Llc $152,500 --
George Keikarion $105,000 Attorney
King Jerry L $74,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner George Keikarion $103,098
Previous Owner King Jerry L $76,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2023 11/30/23 Off Market $152,300 -- --
10/21/2022 10/21/22 Sold $152,300 -17.7% --
05/13/2022 05/13/22 Pending -- -- --
04/21/2022 04/21/22 For Sale $185,000 +76.2% --
08/17/2017 08/17/17 Sold $105,000 -8.6% --
06/22/2017 06/22/17 Pending -- -- --
08/25/2016 08/25/16 For Sale $114,900 -- --
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 $774 $156,683 $17,380 $139,303
2024 $735 $156,683 $17,380 $139,303
2023 $1,427 $156,683 $17,380 $139,303
2022 $1,237 $99,642 $22,042 $77,600
2021 $1,247 $99,642 $22,042 $77,600
2020 $1,256 $99,642 $22,042 $77,600
2019 $1,260 $99,642 $22,042 $77,600
2018 $592 $99,642 $22,042 $77,600
2017 $1,173 $99,642 $22,042 $77,600
2016 $1,289 $111,162 $22,042 $89,120
2015 $647 $112,116 $22,042 $90,074
2014 -- $112,116 $22,042 $90,074
Source: Public Records

Agents Affiliated with this Home

  • m

    Seller's Agent in 2022

    mark heizer

    HCO Properties

    (919) 604-3478

    2 in this area

    7 Total Sales

    mark heizer
    Section Image
  • Gary Renigar

    Seller's Agent in 2017

    Gary Renigar

    Keller Williams Central

    (336) 684-4011

    10 in this area

    206 Total Sales

    Gary Renigar
    Section Image

  • N

    Buyer's Agent in 2017

    NONMEMBER NONMEMBER

See All Agents

Map

Source: Alamance Multiple Listing Service

MLS Number: 122973

APN: 135489

North Carolina Alamance County Burlington 27215 Downtown Burlington

615 S Broad St, Burlington, NC

This home is located at 615 S Broad St, Burlington, NC 27215 since 21 April 2022 and is currently estimated at $198,630. This property was built in 1940. 615 S Broad St is a home located in Alamance County with nearby schools including Grove Park Elementary School, Turrentine Middle School, and Walter M. Williams High School.

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