When was property at 1315 Elder Way built and last sold?

The property at 1315 Elder Way was built in 1958 and last sold on Jan 1, 1990 for $0.

How much is this home worth?

The estimated value of the home located at 1315 Elder Way is $183,176.

What are some comparable homes to 1315 Elder Way?

There are currently no comparable homes to 1315 Elder Way.

Burlington

27215

1315 Elder Way

$185,000

● House - Off Market

1315 Elder Way

Burlington, NC 27215

3 Beds

1 Bath

1,132 Ft²

$967

Est. Monthly

11.45%

Cap Rate

About This Property

Unlock the potential and bring your vision to life in this charming 3-bedroom gem, ideally located near I-40/85! This inviting 3-bedroom, 1.5-bath home offers plenty of space and flexibility. Inside, you'll find a welcoming front living room, a spacious den with a cozy gas log fireplace, and a functional kitchen with an eat-in bar and adjoining dining area. Three generously sized guest bedrooms share a central hall bath. A bonus room/home office with its own half bath a€" previously used for a home business a€" provides even more versatility. Outside, enjoy ample parking and a large backyard ready for your personal touch. Priced to reflect its current condition and age of systems, this is an excellent opportunity to invest wisely and make it your own!

Unit Size

1,132 Ft²

Days on Market

Land Size

0.27 acres

Price per sqft

$159

Property Type

House

Property Taxes

$83

HOA Dues

Year Built

1958

Payment Calculator

Cap Rate Calculator

Last updated: 2 years ago (TMLS #10105548)

Price History

Date / Event	Date	Event
Aug 6, 2025	Sold	Premium
Sold
Jun 30, 2025	In contract	-
In contract
Jun 25, 2025	Listed by eXp Realty, LLC #2	$180,000
Listed by eXp Realty, LLC #2

Property Highlights

Air Conditioning

Fireplace

Building Info

Overview

General

Year Built: 1958

Effective Year Built: 1958
Total Rooms: 5
Bedroom Count: 3
Bathroom Count: 2
Full Bathrooms: 1
Partial Bathrooms: 2
Building Condition: 0
Building Quality: 7
Construction Type: 6
Building Style: 11
Exterior Walls Type: 18
Interior Walls Type: 0
Roof Shape Type: 1
Roof Cover Type: 3
Floor Count: 100
Floor Cover: 0
Basement Type: 0
Basement Area: 0
Garage Type: 0
Parking Space Count: 0
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 11,151

Lot Size Frontage Feet: 600
Total Building Area: 1,132
Building Area: 1,132
Building Area Measurement: E

Heating and Cooling

Air Conditioning: 1

Heating: 3
Heated Square Feet: 1,132
Heating Fuel Type: 0

Utilities

Sewer System: 1

Water Service: 2

Building

Building Type: 0

Property Class: R
Land Acres: 0000000256
Standard Land Use Code: 1001
County Land Use Code: 010
Legal Description 1: HBL 1315 ELDER WAY 107-451-154

Neighborhood

School District Name: Alamance-Burlington Schools

School Tax School District: CUMMINGS
Census Tract: 020802

Zoning

Zoning: R9

Geography

Assessors Map Reference: PM 8874

Account Number: 666935
Parcel: 131924
Municipality: BURLINGTON
Latitude: 36.0759
Longitude: -79.4411

Address

Full Address: 1315 Elder Way

Address - House Number: 1315
Address - Street Name: Elder
Address - Suffix Type: Way
State: NC
City Name: Burlington
Carrier Code: C047
4-Digit Zip Code: 6410
Zip Code: 27215

Valuation

Tax

Tax Year: 2022

Tax Amount: $55,487
Tax Rate Code Area: 12

Appraisal Valuation

Standard Deviation: 0.2436

Valuation Date: Aug 17, 2022
Confidence Score: 65
Final Value: 176,339
High Value: 219,303
Low Value: 133,374

Market Valuation

Market Total Value: $93,364

Market Land Value: $20,000
Market Improvement Value: $73,364

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $93,364
Assessed Land Value: $20,000
Assessed Improvements Value: $73,364

Sales

Current Sale Contract Date: Jan 01, 1990

Current Sale Recording Date: Jan 01, 1990
Current Sale Document Type: 27

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Burlington

Stats & Trends

Median Asking:

$269,900

Sale Price/ft²

$174

Below Asking

0.02%

Average Days on Market

Average Home Size

1827 ft²

Average Home Age

44.2 years

Currently For Sale

143 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 192 Canopy Drive, Graham, NC, 27253

$1,750 /mo

3 Beds
2 Baths
1,429 ft²

192 Canopy Drive, Graham, NC, 27253 Listing by Jessica Castillo Perez

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Amber Harvalias, eXp Realty, LLC #2
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10105548

Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2026 Triangle MLS, Inc. of North Carolina. All rights reserved.

1315 Elder Way

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About Burlington

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions