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402 South Flanner Street

402 South Flanner Street, Burlington, NC 27215
House in Alamance
Sold Sep 21, 2021
$48,000
$2,693,955 by Lendingone Llc
Mortgage Due May 01, 2029
402 South Flanner Street in Burlington, NC was first built in 1948 and is 76 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 contemporary style. It is a single story home. This is a single bedroom home. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 402 South Flanner Street has 892 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 3,964 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of metal. 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 wood siding. Walk into the home itself and you'll find that it is currently being cooled with no air conditioning. As for heating, the home is utilizing no heating system and being fueled with nothing. 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 Sep 20, 2021 for $48,000. That's $53.81 per sqft. 402 South Flanner Street was last assessed in 2023. The total value of the property was assessed at $87,115. Specifically, the land the property is located on was valued at $18,000. While improvements on the property were assessed at a total of $69,115. 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 $376. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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: 1948
  • Effective Year Built: 1948
  • Total Rooms: 3
  • Bedroom Count: 1
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Contemporary
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Metal
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,964
  • Lot Size Frontage Feet: 570
  • Total Building Area: 892
  • Building Area: 892
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: None
  • Heated Square Feet: 892
  • Heating Fuel Type: None

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: AURORA MILLS TENEMENT
  • Land Acres: 0.091
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Miscellaneous (general)
  • Legal Description 1: AURORA MILLS TENEMENT SUB LT 1 40-159-1

Ownership

  • Current Owner : EPOCF3A LLC
  • Previous Owner : WHITE GARRETTE E
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: MFA

Geography

  • Assessors Map Reference: PM 8874
  • Account Number: 712661
  • Parcel: 133067
  • Lot: 1
  • Municipality: BURLINGTON
  • Latitude: 36.0846
  • Longitude: -79.4288

    Address

  • Full Address: 402 S Flanner St
  • Address - House Number: 402
  • Street Direction: S
  • Address - Street Name: Flanner
  • Address - Suffix Type: St
  • State: NC
  • City Name: Burlington
  • Carrier Code: C031
  • 4-Digit Zip Code: 6634
  • Zip Code: 27215

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $376
  • Tax Rate Code Area: 12

    Appraisal Valuation

  • Standard Deviation: 0.2544
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 64
  • Final Value: 105,320
  • High Value: 132,125
  • Low Value: 78,516

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,693,955
  • First Open Lien Mortgage Lender: LENDINGONE LLC
  • First Open Lien Mortgage Recording Date: May 02, 2022
  • First Open Lien Mortgage Loan Amount: $2,693,955
  • First Open Lien Mortgage Term: 83
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2029

    Market Valuation

  • Market Total Value: $87,115
  • Market Land Value: $18,000
  • Market Improvement Value: $69,115

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $87,115
  • Assessed Land Value: $18,000
  • Assessed Improvements Value: $69,115

    Sales

  • Current Sale Contract Date: Sep 20, 2021
  • Current Sale Recording Date: Sep 21, 2021
  • Current Sale Transaction ID: 11857434198
  • Current Sale Price: $48,000
  • Current Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ANCHOR LOANS INC
  • First Mortgage Transaction Date: Sep 21, 2021
  • First Mortgage Loan Amount: $90,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Building or Construction Loan

About Burlington



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Nearby Rentals

Unit for rent at 1700 Roslyn Drive, Burlington, NC, 27215

$1,250 /mo

  • 2 Beds
  • 1 Bath
  • 800 ft²
1700 Roslyn Drive #27D, Burlington, NC, 27215 Listing by Greg Beck

Frequently Asked Questions

What neighborhood is 402 South Flanner Street located in?
The 402 South Flanner Street is a house located in the neighborhood of Alamance in Burlington, Burlington.
What is the average sales price for listings in 402 South Flanner Street?
The average sales price for units in 402 South Flanner Street is $0 currently.

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