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2604 Sumac Lane

2604 Sumac Lane, Burlington, NC 27215
Property in Alamance
Sold Nov 19, 2015
$284,000
$200,000 by Wells Fargo Bank Na
Mortgage
Local assessors in Burlington, NC have categorized 2604 Sumac Lane as a residential type of property. The home was built in 1999 and is 25 years old. The property's lot size has been calculated to be 22,782 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 3 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 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2604 Sumac Lane has a total of 2,437 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 750 sqft. There are 3 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 brick 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 hip style roof that was made of composition shingle. Lots of brick veneer 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 2604 Sumac Lane sold most recently in Nov 19, 2015 for a total of $284,000. If you work out the math, that's approximately a cost of $116.54 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,595 in taxes each year. 2604 Sumac Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $268,434. If we break it down further, the land itself was valued at $28,500. Improvements to the property, however, were assessed at a total of $239,934. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: B+
  • Construction Type: Brick
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 750
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 22,782
  • Lot Size Frontage Feet: 880
  • Total Building Area: 2,437
  • Building Area: 2,437
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,437
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: NICHOLAS AND CLARK
  • Land Acres: 0.523
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Miscellaneous (general)
  • Legal Description 1: NICHOLAS & CLARK SUBD LT 9 12-14-141

Ownership

  • Current Owner : HUTCHINSON MICHAEL J
  • Current Owner 2: HUTCHINSON SHEILA C
  • Previous Owner : MOSER GEORGE WESLEY
  • Previous Owner 2: STEGALL-MOSER BOBBIE LYNNE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Alamance-Burlington Schools
  • School Tax School District: WILLIAMS
  • Census Tract: 020701

Zoning

  • Zoning: R15

Geography

  • Assessors Map Reference: PM 8854
  • Account Number: 657057
  • Parcel: 114620
  • Lot: 9
  • Municipality: BURLINGTON
  • Latitude: 36.0711
  • Longitude: -79.4738

    Address

  • Full Address: 2604 Sumac Ln
  • Address - House Number: 2604
  • Address - Street Name: Sumac
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Burlington
  • Carrier Code: C043
  • 4-Digit Zip Code: 5443
  • Zip Code: 27215

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,595
  • Tax Rate Code Area: 12

    Appraisal Valuation

  • Standard Deviation: 0.1786
  • Valuation Date: Nov 30, 2022
  • Confidence Score: 76
  • Final Value: 471,899
  • High Value: 556,202
  • Low Value: 387,597

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $200,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Nov 19, 2015
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $200,000
  • 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: $268,434
  • Market Land Value: $28,500
  • Market Improvement Value: $239,934

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $268,434
  • Assessed Land Value: $28,500
  • Assessed Improvements Value: $239,934

    Sales

  • Current Sale Contract Date: Nov 19, 2015
  • Current Sale Recording Date: Nov 19, 2015
  • Current Sale Transaction ID: 1359250824
  • Current Sale Price: $284,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 19454

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Nov 19, 2015
  • First Mortgage Loan Amount: $200,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Burlington



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Frequently Asked Questions

What neighborhood is 2604 Sumac Lane located in?
The 2604 Sumac Lane is a located in the neighborhood of Alamance in Burlington, Burlington.
What is the average sales price for listings in 2604 Sumac Lane?
The average sales price for units in 2604 Sumac Lane is $0 currently.

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