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240 Highland Avenue

240 Highland Avenue, Burlington, NC 27217
House in Alamance
Sold Jan 29, 2019
$152,000
$150,000 by Rocket Mortgage Llc
Mortgage Due Apr 01, 2044
Sold Nov 07, 2018
$51,976
240 Highland Avenue 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 1956 and is 68 years old. The home has a total of 10 rooms. 5 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 240 Highland Avenue has 2,752 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 15,202 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a colonial 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. 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. In terms of heating, it is utilizing a central heating system and being fueled with oil. There is a single fireplace in the home. Perfect for those wintery nights. 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, 240 Highland Avenue was last sold in Jan 11, 2019 for $152,000. According to our calculations, that's $55.23 per sqft. Prior to that sales transaction, the property was sold for $51,976 in Nov 7, 2017. Current property owners are expected to pay $1,166 in taxes per year. The property on 240 Highland Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $269,794. To break that down further, the land itself was valued at $22,000. While improvements to the property were assessed at a total of $247,794. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1956
  • Effective Year Built: 1956
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C+
  • Construction Type: Brick
  • Building Style: Colonial
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 15,202
  • Lot Size Frontage Feet: 800
  • Total Building Area: 2,752
  • Building Area: 2,752
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 2,752
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: BEVERLY HILLS
  • Land Acres: 0.349
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Miscellaneous (general)
  • Legal Description 1: BEVERLY HILLS SEC 1 BLK F LOT 24 51-213-24

Ownership

  • Current Owner : MORALES PINZON FREDY EFRAIN
  • Current Owner 2: CANALES OLGA MARINA LOPEZ
  • Previous Owner : THE ESTATE OF CLARENCE W SWINNEY
  • Owner Before Previous Owner: BLAETZ PETER T
  • Owner Before Previous Owner 2: JOHNSON REBECCA W
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Alamance-Burlington Schools
  • School Tax School District: CUMMINGS
  • Census Tract: 020200

Zoning

  • Zoning: R9

Geography

  • Assessors Map Reference: PM 8875
  • Account Number: 683433
  • Parcel: 137805
  • Block: F
  • Municipality: BURLINGTON
  • Latitude: 36.1001
  • Longitude: -79.4235

    Address

  • Full Address: 240 Highland Ave
  • Address - House Number: 240
  • Address - Street Name: Highland
  • Address - Suffix Type: Ave
  • State: NC
  • City Name: Burlington
  • Carrier Code: C037
  • 4-Digit Zip Code: 2742
  • Zip Code: 27217

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,166
  • Tax Rate Code Area: 12

    Appraisal Valuation

  • Standard Deviation: 0.232
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 67
  • Final Value: 256,316
  • High Value: 315,783
  • Low Value: 196,849

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $150,000
  • First Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Mar 13, 2024
  • First Open Lien Mortgage Loan Amount: $150,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2044

    Market Valuation

  • Market Total Value: $269,794
  • Market Land Value: $22,000
  • Market Improvement Value: $247,794

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $269,794
  • Assessed Land Value: $22,000
  • Assessed Improvements Value: $247,794

    Sales

  • Current Sale Contract Date: Jan 11, 2019
  • Current Sale Recording Date: Jan 29, 2019
  • Current Sale Transaction ID: 11566553125
  • Current Sale Price: $152,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 01414
  • Previous Sale Recording Date: Nov 07, 2018
  • Previous Sale Contract Date: Nov 07, 2017
  • Previous Sale Amount: $51,976
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: LATINO COMMUNITY CREDIT UNION
  • First Mortgage Transaction Date: Jan 29, 2019
  • First Mortgage Loan Amount: $125,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)

    Financing

  • First Mortgage Financing Type: Variable

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Frequently Asked Questions

What neighborhood is 240 Highland Avenue located in?
The 240 Highland Avenue is a house located in the neighborhood of Alamance in Burlington, Burlington.
What is the average sales price for listings in 240 Highland Avenue?
The average sales price for units in 240 Highland Avenue is $0 currently.

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