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2706 Cobbside Drive

2706 Cobbside Drive, Burlington, NC 27215
Property in Alamance
Sold Aug 21, 2017
$190,000
$152,000 by First Bank
Mortgage
2706 Cobbside 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 1966 and is 58 years old. The home has a total of 8 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, 2706 Cobbside Drive has 1,596 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 19,950 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. 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. 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. 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, 2706 Cobbside Drive sold most recently in Aug 16, 2017 for a total of $190,000. If you work out the math, that's approximately a cost of $119.05 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 $767 in taxes each year. 2706 Cobbside Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $128,991. 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 $100,491. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 1966
  • Effective Year Built: 1966
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 19,950
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,596
  • Building Area: 1,596
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,596
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: PAUL E COBB PROP
  • Land Acres: 0.458
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Miscellaneous (general)
  • Legal Description 1: COBB SUBD SEC 3 LOT 6 3-21-155

Ownership

  • Current Owner : HODGES II ERNEST MATTHEW
  • Current Owner 2: HODGES ALANA KAY
  • Previous Owner : BAKER ALBERT LEROY
  • Previous Owner 2: BAKER LEOMA D
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: II

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: 668767
  • Parcel: 114030
  • Municipality: BURLINGTON
  • Latitude: 36.0755
  • Longitude: -79.4822

    Address

  • Full Address: 2706 Cobbside Dr
  • Address - House Number: 2706
  • Address - Street Name: Cobbside
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Burlington
  • Carrier Code: C042
  • 4-Digit Zip Code: 5208
  • Zip Code: 27215

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $767
  • Tax Rate Code Area: 12

    Appraisal Valuation

  • Standard Deviation: 0.2074
  • Valuation Date: Aug 17, 2022
  • Confidence Score: 71
  • Final Value: 288,383
  • High Value: 348,204
  • Low Value: 228,562

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $152,000
  • First Open Lien Mortgage Lender: FIRST BANK
  • First Open Lien Mortgage Recording Date: Aug 21, 2017
  • First Open Lien Mortgage Loan Amount: $152,000
  • 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: $128,991
  • Market Land Value: $28,500
  • Market Improvement Value: $100,491

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $128,991
  • Assessed Land Value: $28,500
  • Assessed Improvements Value: $100,491

    Sales

  • Current Sale Contract Date: Aug 16, 2017
  • Current Sale Recording Date: Aug 21, 2017
  • Current Sale Transaction ID: 1733044247
  • Current Sale Price: $190,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 36914

    Last Sale Mortgage

  • First Mortgage Lender: FIRST BANK
  • First Mortgage Transaction Date: Aug 21, 2017
  • First Mortgage Loan Amount: $152,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

About Burlington



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Nearby Rentals

Unit for rent at 2153 Canterbury Drive, Burlington, NC, 27215

$2,100 /mo

  • 4 Beds
  • 3 Baths
  • 1,823 ft²
2153 Canterbury Drive, Burlington, NC, 27215 Listing by John Neese

Frequently Asked Questions

What neighborhood is 2706 Cobbside Drive located in?
The 2706 Cobbside Drive is a located in the neighborhood of Alamance in Burlington, Burlington.
What is the average sales price for listings in 2706 Cobbside Drive?
The average sales price for units in 2706 Cobbside Drive is $0 currently.

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