See Home Value
Burlington 27215
2720 Terrace Drive
$315,000
● House - Off Market

2720 Terrace Drive

Burlington, NC 27215
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,707 Ft²
$1,761
Est. Monthly
6.46%
Cap Rate

About This Property

Welcome home to living in your own botanical garden in West Burlington. This move-in ready 3 bedroom 2 bath brick ranch home has been owned by the same family for over 60 years. It is now time for the next family to fall in love and make it their own. Find something blooming almost year round, with azaleas and dogwoods in the spring and fall brings hardwoods & Japanese maples, presenting a beautiful display of colors. This light filled home has hardwoods throughout the main living areas. Living room with working wood burning fireplace and family room is ready to enjoy your favorite movies or TV shows together. There is a full basement for home office, play space or workout space, or finished for additional living space. 1434 SF basement has been waterproofed by Tar Heel Basement & has fireplace, shower & heat and air. Enjoy your morning coffee or dining or just relaxing on the beautiful brick patio. Shopping, restaurants & Interstate access minutes away. Less than 4 miles from Elon U.
Unit Size
1,707 Ft²
Days on Market
-
Land Size
0.45 acres
Price per sqft
$185
Property Type
House
Property Taxes
$214
HOA Dues
-
Year Built
1960

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Last updated: 2 years ago (TMLS #10120898)

Price History

Date / Event Date Event Price
Oct 3, 2025 Sold
Sold
Sep 22, 2025 In contract -
In contract
Sep 9, 2025 Listed by Keller Williams Central $315,000
Listed by Keller Williams Central

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 9
  • Construction Type: 2
  • Building Style: 11
  • Exterior Walls Type: 3
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,384
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,692
  • Building Area: 1,692
  • Building Area Measurement: E

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,692
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000445
  • Standard Land Use Code: 1001
  • County Land Use Code: 010
  • Legal Description 1: HL TERRACE DR 12-13-29

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: 27024
  • Parcel: 114324
  • Municipality: BURLINGTON
  • Latitude: 36.0705
  • Longitude: -79.4773

    Address

  • Full Address: 2720 Terrace Dr
  • Address - House Number: 2720
  • Address - Street Name: Terrace
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Burlington
  • Carrier Code: C043
  • 4-Digit Zip Code: 5448
  • Zip Code: 27215

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $83,012
  • Tax Rate Code Area: 12

    Appraisal Valuation

  • Standard Deviation: 0.2436
  • Valuation Date: Aug 17, 2022
  • Confidence Score: 65
  • Final Value: 269,900
  • High Value: 335,661
  • Low Value: 204,140

    Market Valuation

  • Market Total Value: $139,677
  • Market Land Value: $28,500
  • Market Improvement Value: $111,177

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $139,677
  • Assessed Land Value: $28,500
  • Assessed Improvements Value: $111,177

    Sales

  • Current Sale Contract Date: Jan 01, 1990
  • Current Sale Recording Date: Jan 01, 1990
  • Current Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Burlington


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Frequently Asked Questions

When was property at 2720 Terrace Drive built and last sold?
The property at 2720 Terrace Drive was built in 1960 and last sold on Jan 1, 1990 for $0.
How much is this home worth?
The estimated value of the home located at 2720 Terrace Drive is $0.
What are some comparable homes to 2720 Terrace Drive?
There are currently no comparable homes to 2720 Terrace Drive.