NOT LISTED FOR SALE

820 Sharpe Rd Burlington, NC 27217

North Burlington Neighborhood

Estimated Value: $234,000 - $317,000

6 Beds
3 Baths
2,293 Sq Ft
$113/Sq Ft Est. Value

Last Sold October 05, 2017

Last sale price $93,000 $41 Per Sq Ft

Est. 179% increase in value since last sale

Current estimated payment $1,448/month

736 Days on Market

About This Home

As of October 2017

Great Rental History With Good Positive Cash Flow. Units Are In Very Good Working Order. All Units Have Gas Heat(No Ac And 2 Units Only A Couple Of Years Old). Electric Water Heaters, City Water And Sewer And All Units Are Cable Ready.

Last Agent to Sell the Property

Robert Ring

Ring Realty Listed on: 08/31/2015

Last Buyer's Agent

Michael Zuhr

Keller Williams Central License #295911

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,088

Year Built

  • 1986

Lot Details

  • 0.32

Home Design

  • Triplex
  • Vinyl Siding

Additional Features

  • 0.32 Acre Lot
  • No Cooling

Listing and Financial Details

  • Assessor Parcel Number 8875599954

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,088

Year Built

1986

Lot Details

0

Listing Details

  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.32
  • Lot Size: 14026
  • Directions: From North Church Street Turn Left On Rahut, Right On Sharpe And Property Is On Your Right.
  • Structure Type: Other
  • Year Built: 1986
  • Property Sub Type Additional: Triplex
  • Special Features: None

Interior Features

  • Basement YN: No
  • Fireplace: No

Exterior Features

  • Construction Type: Vinyl Siding

Utilities

  • Cooling: None
  • Cooling Y N: No

Lot Info

  • Lot Size Sq Ft: 14026.0
  • Parcel #: 8875599954
  • Zoning Description: multi

Multi Family

  • Number Of Units Total: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 8, 2019
Sold by
Lowell Edward and Lowell Elizabeth C
Bought by
Mitscherlich Christopher A
Current Estimated Value
$259,134

Purchase Details

Listed on
Aug 31, 2015
Closed on
Oct 2, 2017
Sold by
Rumple James I and Rumple Frances M
Bought by
Lowell Edward
Seller's Agent
Robert Ring
Ring Realty
Buyer's Agent
Michael Zuhr
Keller Williams Central
List Price
$174,900
Sold Price
$93,000
Premium/Discount to List
-$81,900
-46.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.54%
Original Mortgage
$69,750
Interest Rate
3.86%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Mitscherlich Christopher A $425,000 Attorney
Lowell Edward $93,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lowell Edward $69,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/05/2017 10/05/17 Sold $93,000 -46.8% $41 / Sq Ft
09/05/2017 09/05/17 Pending -- -- --
08/31/2015 08/31/15 For Sale $174,900 -- $76 / 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 $1,088 $220,211 $21,000 $199,211
2024 $1,033 $220,211 $21,000 $199,211
2023 $2,006 $220,211 $21,000 $199,211
2022 $1,181 $95,189 $20,000 $75,189
2021 $1,191 $95,189 $20,000 $75,189
2020 $1,200 $95,189 $20,000 $75,189
2019 $1,203 $95,189 $20,000 $75,189
2018 $566 $95,189 $20,000 $75,189
2017 $549 $95,189 $20,000 $75,189
2016 $1,480 $127,545 $20,000 $107,545
2015 $736 $127,545 $20,000 $107,545
2014 -- $127,545 $20,000 $107,545
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2017

    Robert Ring

    Ring Realty

  • M

    Buyer's Agent in 2017

    Michael Zuhr

    Keller Williams Central

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Map

Source: Alamance Multiple Listing Service

MLS Number: 88611

APN: 138540

North Carolina Alamance County Burlington 27217 North Burlington

820 Sharpe Rd, Burlington, NC

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