NOT LISTED FOR SALE

Estimated Value: $197,000 - $359,323

1 Bed
2 Baths
2,128 Sq Ft
$131/Sq Ft Est. Value

Last Sold June 08, 2023

Last sale price $395,000 $186 Per Sq Ft

Est. 30% decrease in value since last sale

Current estimated payment $1,612/month

2 Days on Market

Highlights

  • No HOA
  • Forced Air Heating and Cooling System
  • Vinyl Flooring

About This Home

As of June 2023

Beautifully renovated triplex in the heart of Burlington. Kitchen complete with soft close cabinetry and backsplash. New stainless steel appliances in each unit. New plumbing. New electrical. New LVP floors throughout. 2 beds/1 bath in Unit A, 2 beds/1 bath in Unit B, and 1 beds/1 bath in Unit C (Garage Unit). New washer/dryer included in Units A & B.

Last Agent to Sell the Property

Tawanna Griffin

Redfin Corporation License #284231 Listed on: 05/15/2023

Redfin Corporation

Last Buyer's Agent

Blair Wilburn

Preferred Realty Triad License #290329

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $521

Year Built

  • Built in 1950

Lot Details

  • 0.33 Acre Lot

Home Design

  • Triplex
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Vinyl Flooring
  • Washer and Dryer Hookup

Parking

  • 4 Parking Spaces
  • Driveway

Utilities

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

Community Details

  • No Home Owners Association
  • 3 Units
  • 2,796 Sq Ft Building

Listing and Financial Details

  • Assessor Parcel Number 137700
  • 1% Total Tax Rate

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$521

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.327
  • Lot Size: 14,244 sf
  • Directions: Head southeast on W Webb Ave toward S Church St 0.1 mi Turn left onto N Main St 0.5 mi Turn right onto Gilmer St 463 ft Turn left at the 1st cross street onto Washington St Destination will be on the right
  • Architectural Style: Two Story
  • Year Built: 1950
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 0 - 0
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Vinyl
  • TRIADMLS_ApproxSqFtRange: 2500 - 3000
  • Basement YN: No

Exterior Features

  • Lot Features: City Lot
  • Pool Features: None
  • Construction Type: Vinyl Siding
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Parking Features: Driveway
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Washer/Dryer Connection
  • Cooling: Central Air
  • Heating: Forced Air, Wall Furnace, Electric, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric, Natural Gas
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 137700
  • Zoning: R9
  • TRIADMLS_PricePerAcre: 1207951.0703
  • TRIADMLS_DeedPage: 0685
  • TRIADMLS_DeedBook: 4336
  • TRIADMLS_AcresRange: 0 - 0

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 3
  • Number Of Units Furnished: None

Tax Info

  • Tax Annual Amount: 521.27
  • Tax Year: 2022
  • TRIADMLS_TaxRate: 0.65

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 19, 2024
Sold by
Spieker Frederick Eldor and Spieker Natalie Villar
Bought by
Wool And Ray Properties Llc
Current Estimated Value
$277,831

Purchase Details

Listed on
May 15, 2023
Closed on
Jun 8, 2023
Sold by
Brand Real Estate Investments Llc
Bought by
Spieker Frederick Eldor and Villari Spieker Natalie
Seller's Agent
Tawanna Griffin
Redfin Corporation
Buyer's Agent
Blair Wilburn
Preferred Realty Triad
List Price
$375,000
Sold Price
$395,000
Premium/Discount to List
$20,000
5.33%
Views
61

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-9.27%
Original Mortgage
$286,375
Interest Rate
6.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 19, 1995
Bought by
Royster James A
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
Wool And Ray Properties Llc -- None Listed On Document
Spieker Frederick Eldor $395,000 None Listed On Document
Royster James A $79,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Spieker Frederick Eldor $286,375
Previous Owner Royster James A $100,885
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2023 06/08/23 Sold $395,000 +5.3% $186 / Sq Ft
05/18/2023 05/18/23 Pending -- -- --
05/15/2023 05/15/23 For Sale $375,000 +217.8% $176 / Sq Ft
05/02/2022 05/02/22 Sold $118,000 -- $55 / Sq Ft
03/14/2022 03/14/22 Pending -- -- --
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 $1,315 $266,125 $15,000 $251,125
2024 $1,248 $266,125 $15,000 $251,125
2023 $693 $160,448 $15,000 $145,448
2022 $945 $76,173 $15,000 $61,173
2021 $953 $76,173 $15,000 $61,173
2020 $961 $76,173 $15,000 $61,173
2019 $963 $76,173 $15,000 $61,173
2018 $453 $76,173 $15,000 $61,173
2017 $440 $76,173 $15,000 $61,173
2016 $1,265 $109,049 $15,000 $94,049
2015 $629 $109,049 $15,000 $94,049
2014 -- $109,049 $15,000 $94,049
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1105784

Triad MLS

APN: 137700