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1008 Garfield Road

1008 Garfield Road, Burlington, NC 27215
Property in Alamance
Sold Feb 03, 2021
$62,500
$40,000 by The Fidelity Bank
Mortgage
Sold Jan 01, 1990
Transfer
Local assessors in Burlington, NC have categorized 1008 Garfield Road as a residential type of property. The home was built in 1946 and is 78 years old. The property's lot size has been calculated to be 9,801 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a contemporary style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 4 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1008 Garfield Road has a total of 852 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - D. The building has a gable style roof that was made of composition shingle. Lots of stucco were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with gas. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1008 Garfield Road was last sold in Feb 2, 2021 for $62,500. According to our calculations, that's $73.36 per sqft. Current property owners are expected to pay $349 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2022. The property on 1008 Garfield Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $80,867. To break that down further, the land itself was valued at $18,000. While improvements to the property were assessed at a total of $62,867. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1946
  • Effective Year Built: 1946
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Contemporary
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,801
  • Lot Size Frontage Feet: 600
  • Total Building Area: 852
  • Building Area: 852
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 852
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: BROOKWOOD
  • Land Acres: 0.225
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Miscellaneous (general)
  • Legal Description 1: HBL 1008 GARFIELD RD 78-338-64

Ownership

  • Current Owner : WEAVER WILLIAM COLE
  • Current Owner 2: HUNT EMERSON COLE
  • Previous Owner : STEELE ELIZABETH TATE
  • Previous Owner 2: STEELE JERRY R

Neighborhood

  • School District Name: Alamance-Burlington Schools
  • School Tax School District: WILLIAMS
  • Census Tract: 020602

Zoning

  • Zoning: R6R9

Geography

  • Assessors Map Reference: PM 8865
  • Account Number: 699555
  • Parcel: 124298
  • Municipality: BURLINGTON
  • Latitude: 36.1039
  • Longitude: -79.4589

    Address

  • Full Address: 1008 Garfield Rd
  • Address - House Number: 1008
  • Address - Street Name: Garfield
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Burlington
  • Carrier Code: C005
  • 4-Digit Zip Code: 2006
  • Zip Code: 27215

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $349
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 12

    Appraisal Valuation

  • Standard Deviation: 0.2499
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 64
  • Final Value: 107,922
  • High Value: 134,897
  • Low Value: 80,947

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $40,000
  • First Open Lien Mortgage Lender: THE FIDELITY BANK
  • First Open Lien Mortgage Recording Date: Feb 03, 2021
  • First Open Lien Mortgage Loan Amount: $40,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage

    Market Valuation

  • Market Total Value: $80,867
  • Market Land Value: $18,000
  • Market Improvement Value: $62,867

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $80,867
  • Assessed Land Value: $18,000
  • Assessed Improvements Value: $62,867

    Sales

  • Current Sale Contract Date: Feb 02, 2021
  • Current Sale Recording Date: Feb 03, 2021
  • Current Sale Transaction ID: 11817450088
  • Current Sale Price: $62,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2553
  • Previous Sale Recording Date: Jan 01, 1990
  • Previous Sale Contract Date: Jan 01, 1990
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: THE FIDELITY BANK
  • First Mortgage Transaction Date: Feb 03, 2021
  • First Mortgage Loan Amount: $40,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Future Advance Clause / Open End Mortgage

About Burlington



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Frequently Asked Questions

What neighborhood is 1008 Garfield Road located in?
The 1008 Garfield Road is a located in the neighborhood of Alamance in Burlington, Burlington.
What is the average sales price for listings in 1008 Garfield Road?
The average sales price for units in 1008 Garfield Road is $0 currently.

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