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357 Albany Street

357 Albany Street, Burlington, NC 27215
Property in Alamance
Sold Oct 29, 2021
$88,000
$70,400 by American National Bank & Trust
Mortgage
357 Albany Street in Burlington, NC was first built in 1940 and is 84 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a duplex style. It is a single story home. There are a total of 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 357 Albany Street has 1,432 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 25,962 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of composition shingle. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of D+. The exterior walls of the home are made of stucco. As for heating, the home is utilizing a heating system we are unsure of and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Oct 28, 2021 for $88,000. That's $61.45 per sqft. 357 Albany Street was last assessed in 2022. The total value of the property was assessed at $59,395. Specifically, the land the property is located on was valued at $20,000. While improvements on the property were assessed at a total of $39,395. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $353. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: D+
  • Construction Type: Frame
  • Building Style: Duplex
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 25,962
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,432
  • Building Area: 1,432
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Other
  • Heated Square Feet: 1,432
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: L BANKA HOLT PROPERTY
  • Land Acres: 0.596
  • Standard Land Use Code: Duplex (2 units, any combination)
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: ALBANY ST LT 10 118-486-66

Ownership

  • Current Owner : LUCINDA DUDLEY ENTERPRISES LLC
  • Previous Owner : CLAAR TERESA KIDD
  • Previous Owner 2: CLAAR KIM
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Alamance-Burlington Schools
  • School Tax School District: CUMMINGS
  • Census Tract: 020802

Zoning

  • Zoning: R9

Geography

  • Assessors Map Reference: PM 8874
  • Account Number: 707566
  • Parcel: 133246
  • Lot: 10
  • Municipality: BURLINGTON
  • Latitude: 36.0722
  • Longitude: -79.4244

    Address

  • Full Address: 357 Albany St
  • Address - House Number: 357
  • Address - Street Name: Albany
  • Address - Suffix Type: St
  • State: NC
  • City Name: Burlington
  • Carrier Code: C017
  • 4-Digit Zip Code: 7203
  • Zip Code: 27215

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $353
  • Tax Rate Code Area: 12

    Appraisal Valuation

  • Standard Deviation: 0.2262
  • Valuation Date: Nov 30, 2022
  • Confidence Score: 68
  • Final Value: 113,500
  • High Value: 139,180
  • Low Value: 87,821

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $70,400
  • First Open Lien Mortgage Lender: AMERICAN NATIONAL BANK & TRUST
  • First Open Lien Mortgage Recording Date: Oct 29, 2021
  • First Open Lien Mortgage Loan Amount: $70,400
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $59,395
  • Market Land Value: $20,000
  • Market Improvement Value: $39,395

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $59,395
  • Assessed Land Value: $20,000
  • Assessed Improvements Value: $39,395

    Sales

  • Current Sale Contract Date: Oct 28, 2021
  • Current Sale Recording Date: Oct 29, 2021
  • Current Sale Transaction ID: 11866057999
  • Current Sale Price: $88,000
  • Current Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN NATIONAL BANK & TRUST
  • First Mortgage Transaction Date: Oct 29, 2021
  • First Mortgage Loan Amount: $70,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

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Frequently Asked Questions

What neighborhood is 357 Albany Street located in?
The 357 Albany Street is a located in the neighborhood of Alamance in Burlington, Burlington.
What is the average sales price for listings in 357 Albany Street?
The average sales price for units in 357 Albany Street is $0 currently.

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