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2515 Nottoway Terrace

2515 Nottoway Terrace, Burlington, NC 27215
House in Alamance
Sold May 16, 2017
$222,000
$217,979 by First Bank
Mortgage
Sold Feb 18, 2015
$190,000
$151,920 by Bank Of America Na
Mortgage
Local assessors in Burlington, NC have categorized 2515 Nottoway Terrace as a residential type of property. The home was built in 1993 and is 31 years old. The property's lot size has been calculated to be 21,127 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a colonial style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 4 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 are 3 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2515 Nottoway Terrace has a total of 1,790 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. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 522 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. 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 - B-. The building has a gable style roof that was made of composition shingle. Lots of brick 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. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 2515 Nottoway Terrace was last sold in May 8, 2017 for $222,000. According to our calculations, that's $124.02 per sqft. Prior to that sales transaction, the property was sold for $190,000 in Feb 12, 2015. Current property owners are expected to pay $1,087 in taxes per year. The property on 2515 Nottoway Terrace was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $182,828. To break that down further, the land itself was valued at $40,000. While improvements to the property were assessed at a total of $142,828. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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.

Building Features

Parking

Attached Garage

Exterior

Brick Exterior
Hardboard Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: B-
  • Construction Type: Frame
  • Building Style: Colonial
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 522
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 21,127
  • Lot Size Frontage Feet: 700
  • Total Building Area: 1,790
  • Building Area: 1,790
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,790
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: MIDDLETON PLACE
  • Land Acres: 0.485
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Miscellaneous (general)
  • Legal Description 1: MIDDLETON PLACE SUBD LT 6A 12-17-203

Ownership

  • Current Owner : HARRISON STEVEN M
  • Current Owner 2: HARRISON KATHY J
  • Previous Owner : BROWN JOHN M
  • Previous Owner 2: BROWN JENNIFER N
  • Owner Before Previous Owner: DAVIDSON ROBERT M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Alamance-Burlington Schools
  • School Tax School District: WILLIAMS
  • Census Tract: 020601

Zoning

  • Zoning: R9

Geography

  • Assessors Map Reference: PM 8854
  • Account Number: 667177
  • Parcel: 114487
  • Lot: 6
  • Municipality: BURLINGTON
  • Latitude: 36.0822
  • Longitude: -79.4781

    Address

  • Full Address: 2515 Nottoway Ter
  • Address - House Number: 2515
  • Address - Street Name: Nottoway
  • Address - Suffix Type: Ter
  • State: NC
  • City Name: Burlington
  • Carrier Code: C041
  • 4-Digit Zip Code: 7700
  • Zip Code: 27215

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,087
  • Tax Rate Code Area: 12

    Appraisal Valuation

  • Standard Deviation: 0.0956
  • Valuation Date: Nov 30, 2022
  • Confidence Score: 91
  • Final Value: 254,261
  • High Value: 278,590
  • Low Value: 229,931

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $217,979
  • First Open Lien Mortgage Lender: FIRST BANK
  • First Open Lien Mortgage Recording Date: May 16, 2017
  • First Open Lien Mortgage Loan Amount: $217,979
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA

    Market Valuation

  • Market Total Value: $182,828
  • Market Land Value: $40,000
  • Market Improvement Value: $142,828

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $182,828
  • Assessed Land Value: $40,000
  • Assessed Improvements Value: $142,828

    Sales

  • Current Sale Contract Date: May 08, 2017
  • Current Sale Recording Date: May 16, 2017
  • Current Sale Transaction ID: 1812308302
  • Current Sale Price: $222,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 30902
  • Previous Sale Recording Date: Feb 18, 2015
  • Previous Sale Contract Date: Feb 12, 2015
  • Previous Sale Amount: $190,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST BANK
  • First Mortgage Transaction Date: May 16, 2017
  • First Mortgage Loan Amount: $217,979
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: Feb 18, 2015
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $151,920
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Burlington



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Frequently Asked Questions

What neighborhood is 2515 Nottoway Terrace located in?
The 2515 Nottoway Terrace is a house located in the neighborhood of Alamance in Burlington, Burlington.
What is the average sales price for listings in 2515 Nottoway Terrace?
The average sales price for units in 2515 Nottoway Terrace is $0 currently.

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