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1346 Greenwood Drive

1346 Greenwood Drive, Burlington, NC 27217
Property in Alamance
Sold Jan 16, 2020
$42,000
$46,000 by State Employees Credit Union
Mortgage
1346 Greenwood Drive has been categorized by the local assessors in Burlington, NC as a residential type of property. The building on the property was first built in 1955 and is 69 years old. The home has a total of 5 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1346 Greenwood Drive has 1,028 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 17,947 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 234 sqft. According to our sources, there is one available parking space. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with brick control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of brick veneer. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with gas. Finally, the property is currently sourcing its water from a well system. The property is connected to a septic system and not a municipal sewage system. The homeowner of this property will need to handle their own water disposal. 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, 1346 Greenwood Drive was last sold in Jan 14, 2020 for $42,000. According to our calculations, that's $40.86 per sqft. Current property owners are expected to pay $749 in taxes per year. The property on 1346 Greenwood Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $146,256. To break that down further, the land itself was valued at $29,283. While improvements to the property were assessed at a total of $116,973. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1955
  • Effective Year Built: 1955
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: C
  • Construction Type: Brick
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 234
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 17,947
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,028
  • Building Area: 1,028
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,028
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Subdivision: GREENE ACRES DEV
  • Land Acres: 0.412
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Miscellaneous (general)
  • Legal Description 1: GREEN ACRES DEVELOPMENT LT 47 4-16-27

Ownership

  • Current Owner : LANE CHARLIE WILLIAM
  • Current Owner 2: LANE TERESA
  • Previous Owner : THE ESTATE OF CAROLYN SMITH LANE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Alamance-Burlington Schools
  • School Tax School District: WESTERN
  • Census Tract: 021500

Geography

  • Assessors Map Reference: PM 8867
  • Account Number: 690263
  • Parcel: 128447
  • Lot: 47
  • Municipality: MORTON
  • Latitude: 36.1416
  • Longitude: -79.4621

    Address

  • Full Address: 1346 Greenwood Dr
  • Address - House Number: 1346
  • Address - Street Name: Greenwood
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Burlington
  • Carrier Code: R027
  • 4-Digit Zip Code: 8007
  • Zip Code: 27217

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $749
  • Tax Rate Code Area: 34

    Appraisal Valuation

  • Standard Deviation: 0.2503
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 64
  • Final Value: 185,522
  • High Value: 231,965
  • Low Value: 139,080

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $46,000
  • First Open Lien Mortgage Lender: STATE EMPLOYEES CREDIT UNION
  • First Open Lien Mortgage Recording Date: Jan 16, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $46,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $146,256
  • Market Land Value: $29,283
  • Market Improvement Value: $116,973

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $146,256
  • Assessed Land Value: $29,283
  • Assessed Improvements Value: $116,973

    Sales

  • Current Sale Contract Date: Jan 14, 2020
  • Current Sale Recording Date: Jan 16, 2020
  • Current Sale Transaction ID: 11720590572
  • Current Sale Price: $42,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 00904

    Last Sale Mortgage

  • First Mortgage Lender: STATE EMPLOYEES CREDIT UNION
  • First Mortgage Transaction Date: Jan 16, 2020
  • First Mortgage Loan Amount: $46,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Alamance



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Frequently Asked Questions

What neighborhood is 1346 Greenwood Drive located in?
The 1346 Greenwood Drive is a located in the neighborhood of Alamance in Alamance, Burlington.
What is the average sales price for listings in 1346 Greenwood Drive?
The average sales price for units in 1346 Greenwood Drive is $0 currently.

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