$150,000
SOLD APR 3, 2024
3 Beds
2 Baths
1,300 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$115 Per Sq Ft

About This Home

As of April 2024

INVESTMENT OPPORTUNITY! Don't miss this two story Cape Cod home on quiet cul-de-sac in Burlington just off I40/85. 3 beds/2 bth, primary suite on main level. Needs work yet has much potential (water damage). Being sold AS IS. 11'6x11'6 storage building, concrete patio and deck. Offers must be submitted on standard NC OTP with proof of funds or pre-approval letter

Last Agent to Sell the Property

Sandy Ellington-Graves

Allen Tate/Burlington License #208301 Listed on: 03/27/2024

Allen Tate/Burlington

Last Buyer's Agent

Steve Whitfield

Whitfield Properties Team License #91645

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,732

Year Built

  • Built in 1985

Lot Details

  • 6,098 Sq Ft Lot
  • Property is zoned RSF

Home Design

  • 1,300 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • 2 Open Parking Spaces

Schools

  • Grove Park Elementary School
  • Graham Middle School
  • Graham High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Franklin Place Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 121804

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,732

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Year Built: 1985
  • Prop. Type: Residential
  • Subdivision Name: Franklin Place
  • Above Grade Finished Sq Ft: 1300.0
  • Garage Yn: No
  • New Construction: No
  • General Property Information Basement YN: No
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • General Property Information Enhanced Accessible2: No
  • Special Listing Conditions Real Estate Owned: Yes
  • General Property Information Above Grade Finished Area: 1300.0
  • General Property Information Lot Size Square Feet2: 6098.4
  • General Property Information Lot Size Acres: 0.14
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Acres: 0.14

Garage/Parking

  • Open Parking Spaces: 2.0
  • Open Parking: Yes
  • Total Parking Spaces: 2.0
  • General Property Information:Parking Total: 2.0
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 2.0

Utilities

  • Heating: Forced Air, Natural Gas
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Alamance - Graham
  • Middle Or Junior School: Alamance - Graham

Lot Info

  • Zoning: RSF
  • Lot Size Sq Ft: 6098.4
  • ResoLotSizeUnits: Acres
  • Parcel #: 121804

Tax Info

  • Tax Annual Amount: 1732.0
  • Tax Year: 2023

MLS Schools

  • Elementary School: Alamance - Grove Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2024
Closed on
Apr 1, 2024
Sold by
H & M Futures Llc
Bought by
Quenn Ann Property Inc
Seller's Agent
Sandy Ellington-Graves
Allen Tate/Burlington
Buyer's Agent
Steve Whitfield
Whitfield Properties Team
List Price
$150,000
Sold Price
$150,000
Views
51
Current Estimated Value
$238,401

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,401
Avg. Annual Appreciation
39.90%

Purchase Details

Closed on
Sep 1, 2004
Sold by
Peoples David
Bought by
Hancock David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
5.91%
Mortgage Type
New Conventional
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 $150,000 None Listed On Document
Warranty Deed $100,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $25,000 Credit Line Revolving
Previous Owner $80,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2024 04/03/24 Sold $150,000 0.0% $115 / Sq Ft
03/28/2024 03/28/24 Pending -- -- --
03/27/2024 03/27/24 For Sale $150,000 -- $115 / Sq Ft
Source: Doorify 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 $891 $190,072 $40,000 $150,072
2023 $821 $190,072 $40,000 $150,072
2022 $1,274 $102,613 $28,500 $74,113
2021 $1,284 $102,613 $28,500 $74,113
2020 $1,294 $102,613 $28,500 $74,113
2019 $1,297 $102,613 $28,500 $74,113
2018 $610 $102,613 $28,500 $74,113
2017 $592 $102,613 $28,500 $74,113
2016 $1,199 $103,368 $22,500 $80,868
2015 $597 $103,368 $22,500 $80,868
2014 -- $103,368 $22,500 $80,868
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10019380

Doorify MLS

APN: 121804