NOT LISTED FOR SALE

761 Bob Rainey Trail Burlington, NC 27217

Estimated Value: $430,000 - $515,000

2 Beds
2.5 Baths
2,177 Sq Ft
$216/Sq Ft Est. Value

Last Sold October 28, 2022

Last sale price $402,500 $185 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,691/month

8 Days on Market

Highlights

  • Cathedral Ceiling
  • 1 Fireplace
  • Screened Porch
  • Wood Flooring
  • Granite Countertops
  • Fenced Yard

About This Home

As of October 2022

Looking for a great home in the country on 3 acres but not too far from Burlington, Mebane or Elon? This 2 BR/2.5BA charmer north of Burlington may fit the bill. HUGE screened in back porch along with a nice front porch are perfect for sitting or swinging. Hardwoods throughout the first floor except the bathrooms and laundry room. Large upstairs bonus room. Kitchen boasts granite counters, SS appliances, range, oven, kitchen island and large walk-in pantry. 2 MBR suites downstairs, one with it's own entry to the screened in porch. Living room has a cathedral ceiling, crown molding, FP w/ gas logs. 2 car garage with storage room. Lots of ceiling fans throughout the house. Plenty of storage. 6 bay pole shed with electricity. 8x12 Storage building. Fenced in back yard. Nice sized garden area. If you're looking, you need to check this home out.

Last Agent to Sell the Property

Gary Holmes

Coldwell Banker HPW License #286350 Listed on: 09/21/2022

Coldwell Banker HPW

Last Buyer's Agent

Lisa Isley

Keller Williams Central License #301754

Keller Williams Central

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,421

Year Built

  • 2007

Lot Details

  • 3 Acre Lot
  • Fenced Yard
  • Landscaped
  • Rectangular Lot
  • Garden

Parking

  • Attached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 1.5-Story Property
  • Built-In Features
  • Cathedral Ceiling
  • 1 Fireplace
  • Screened Porch
  • Washer Hookup

Kitchen

  • Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Outdoor Storage

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Propane

Listing and Financial Details

  • Assessor Parcel Number 150512

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,421

Year Built

2007

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 3.0
  • Directions: Hwy 62 through Burlington. Bob Rainey Trail is on the left just before the intersection with McCray Rd. House is on the right.
  • Unit Levels: One and One Half
  • Year Built: 2007
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Gas Range, Microwave, Oven, Refrigerator
  • Has Basement: Crawl Space
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl, Wood
  • Interior Amenities: Built-in Features, Cathedral Ceiling(s), Granite Counters, Kitchen Island, Other, Pantry

Exterior Features

  • Fencing: Fenced
  • Lot Features: Landscaped, Rectangular Lot
  • Construction Type: Vinyl Siding
  • Exterior Features: Fence, Garden
  • Other Structures: Storage
  • Patio And Porch Features: Porch, Screened

Garage/Parking

  • Parking Features: Attached, Garage, Other, See Remarks

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Forced Air, Propane
  • Heating Yn: Yes

Lot Info

  • Lot Size Sq Ft: 130680.0
  • Parcel #: 150512
  • Zoning Description: SFR

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2022
Closed on
Oct 26, 2022
Sold by
Paige James E and Paige James E
Bought by
Rahman Ayesha Mohamed Kale and Rahman Mohammad Abrar
Seller's Agent
Gary Holmes
Coldwell Banker HPW
Buyer's Agent
Lisa Isley
Keller Williams Central
List Price
$419,000
Sold Price
$402,500
Premium/Discount to List
-$16,500
-3.94%
Views
1
Current Estimated Value
$470,769

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,269
Avg. Annual Appreciation
5.40%
Original Mortgage
$362,500
Outstanding Balance
$350,036
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$120,733

Purchase Details

Closed on
Mar 10, 2008
Sold by
Bolick Jeffrey Wayne
Bought by
Paige James E
Source: Public Records

Range of Values:

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Average Value
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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
Rahman Ayesha Mohamed Kale $805 --
Paige James E $1,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rahman Ayesha Mohamed Kale $362,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2022 10/28/22 Sold $402,500 -3.9% $185 / Sq Ft
09/29/2022 09/29/22 Pending -- -- --
09/21/2022 09/21/22 For Sale $419,000 -- $192 / 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 $2,421 $414,553 $49,643 $364,910
2024 $2,276 $414,553 $49,643 $364,910
2023 $2,112 $414,553 $49,643 $364,910
2022 $1,721 $224,684 $35,887 $188,797
2021 $1,744 $224,684 $35,887 $188,797
2020 $1,766 $224,684 $35,887 $188,797
2019 $1,753 $224,684 $35,887 $188,797
2018 $0 $224,684 $35,887 $188,797
2017 $1,550 $224,684 $35,887 $188,797
2016 $1,672 $242,321 $30,815 $211,506
2015 $1,621 $242,321 $30,815 $211,506
2014 -- $242,321 $30,815 $211,506
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alamance Multiple Listing Service

MLS Number: 124672

APN: 150512