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2118 McKinney Street

2118 McKinney Street, Burlington, NC 27217
Property in Alamance
Sold Jun 02, 2017
$115,000
$92,000 by Fairway Independent Mortgage C
Mortgage
Sold Feb 16, 2016
$60,000
2118 McKinney Street 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. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 2118 McKinney Street has 1,308 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 11,674 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. 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 hip style roof made of asphalt. The exterior walls of the building are made of alum/vinyl siding. 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 municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 2118 McKinney Street was last sold in May 26, 2017 for $115,000. According to our calculations, that's $87.92 per sqft. Prior to that sales transaction, the property was sold for $60,000 in Feb 16, 2016. Current property owners are expected to pay $535 in taxes per year. The property on 2118 McKinney Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $90,037. To break that down further, the land itself was valued at $15,000. While improvements to the property were assessed at a total of $75,037. 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 you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 11,674
  • Lot Size Frontage Feet: 710
  • Total Building Area: 1,308
  • Building Area: 1,308
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,308
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: ALAMANCE HILLS SD
  • Land Acres: 0.268
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Miscellaneous (general)
  • Legal Description 1: ALAMANCE HILLS SUBD SECT4 LT 64 149-568-64

Ownership

  • Current Owner : MORALES JORGE
  • Current Owner 2: MORALES MILAGRO
  • Previous Owner : Albers & 114 Investments Llc An Arizonda l
  • Owner Before Previous Owner: POORE SUBSTITUTE TRUSTEE LTD SUBSTITUTE
  • Owner Before Previous Owner 2: HARVEY TIMOTHY LAMONT
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Alamance-Burlington Schools
  • School Tax School District: CUMMINGS
  • Census Tract: 020300

Zoning

  • Zoning: R9

Geography

  • Assessors Map Reference: PM 8885
  • Account Number: 667604
  • Parcel: 148429
  • Lot: 64
  • Municipality: BURLINGTON
  • Latitude: 36.1018
  • Longitude: -79.3993

    Address

  • Full Address: 2118 Mckinney St
  • Address - House Number: 2118
  • Address - Street Name: Mckinney
  • Address - Suffix Type: St
  • State: NC
  • City Name: Burlington
  • Carrier Code: C033
  • 4-Digit Zip Code: 3036
  • Zip Code: 27217

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $535
  • Tax Rate Code Area: 12

    Appraisal Valuation

  • Standard Deviation: 0.2713
  • Valuation Date: Nov 30, 2022
  • Confidence Score: 61
  • Final Value: 175,669
  • High Value: 223,334
  • Low Value: 128,003

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $92,000
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Jun 02, 2017
  • First Open Lien Mortgage Loan Amount: $92,000
  • 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: $90,037
  • Market Land Value: $15,000
  • Market Improvement Value: $75,037

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $90,037
  • Assessed Land Value: $15,000
  • Assessed Improvements Value: $75,037

    Sales

  • Current Sale Contract Date: May 26, 2017
  • Current Sale Recording Date: Jun 02, 2017
  • Current Sale Transaction ID: 1588420145
  • Current Sale Price: $115,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 32055
  • Previous Sale Recording Date: Feb 16, 2016
  • Previous Sale Contract Date: Feb 16, 2016
  • Previous Sale Amount: $60,000
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Jun 02, 2017
  • First Mortgage Loan Amount: $92,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

About Burlington



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Frequently Asked Questions

What neighborhood is 2118 McKinney Street located in?
The 2118 McKinney Street is a located in the neighborhood of Alamance in Burlington, Burlington.
What is the average sales price for listings in 2118 McKinney Street?
The average sales price for units in 2118 McKinney Street is $0 currently.

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