See Home Value
Burlington 27217
409 Gilmer Street
$125,000
● House - Off Market

409 Gilmer Street

Burlington, NC 27217
bedrooms
2 Beds
bathrooms
1 Bath
square feet
768 Ft²
$739
Est. Monthly
12.26%
Cap Rate

About This Property

Delightful 2-bed, 1-bath bungalow, ideally situated on a spacious, fenced-in lot. This move-in ready home features a welcoming covered front porch with a ramp for easy access (can be removed/ not attached to the house), and a rear patio perfect for outdoor entertaining. Step inside to discover fresh updates throughout, including new carpeting, electric H2O heater, & a freshly painted. The vinyl exterior has been maintained with a recent pressure wash, and the roof and HVAC system are only a few years old. Minutes away from downtown Burlington and the popular Burlington City Park, making it an ideal location for those seeking convenience and community. Whether you're a first-time homebuyer, an investor looking for a solid rental or fixer, or someone ready to downsize, this charming bungalow offers comfort, style, and value in one perfect package. Don't miss out on this fantastic opportunity - schedule your showing today!
Unit Size
768 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$176
Property Type
House
Property Taxes
$75
HOA Dues
-
Year Built
1952

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Last updated: 3 years ago (TMLS #10048057)

Price History

Date / Event Date Event Price
Sep 24, 2024 Sold
Sold
Sep 11, 2024 In contract -
In contract
Sep 10, 2024 Price Decreased $135,000
↓ $5K (3.6%)
Price Decreased
Sep 6, 2024 Price Decreased $140,000
↓ $5K (3.5%)
Price Decreased
Aug 21, 2024 Listed by eXp Realty, LLC - C $145,000
Listed by eXp Realty, LLC - C
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Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 12
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 12
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,231
  • Lot Size Frontage Feet: 600
  • Total Building Area: 768
  • Building Area: 768
  • Building Area Measurement: E

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 768
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000166
  • Standard Land Use Code: 1001
  • County Land Use Code: 010
  • Legal Description 1: GILMER ST 30-109-66

Neighborhood

  • School District Name: Alamance-Burlington Schools
  • School Tax School District: CUMMINGS
  • Census Tract: 020200

Zoning

  • Zoning: R9

Geography

  • Assessors Map Reference: PM 8875
  • Account Number: 672149
  • Parcel: 137012
  • Municipality: BURLINGTON
  • Latitude: 36.0938
  • Longitude: -79.4274

    Address

  • Full Address: 409 Gilmer St
  • Address - House Number: 409
  • Address - Street Name: Gilmer
  • Address - Suffix Type: St
  • State: NC
  • City Name: Burlington
  • Carrier Code: C014
  • 4-Digit Zip Code: 4054
  • Zip Code: 27217

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $30,048
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 12

    Appraisal Valuation

  • Standard Deviation: 0.2536
  • Valuation Date: Aug 17, 2022
  • Confidence Score: 64
  • Final Value: 115,203
  • High Value: 144,427
  • Low Value: 85,979

    Market Valuation

  • Market Total Value: $50,559
  • Market Land Value: $15,000
  • Market Improvement Value: $35,559

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $50,559
  • Assessed Land Value: $15,000
  • Assessed Improvements Value: $35,559

    Sales

  • Current Sale Contract Date: Oct 15, 2012
  • Current Sale Recording Date: Oct 16, 2012
  • Current Sale Price:
  • Current Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
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 409 Gilmer Street built and last sold?
The property at 409 Gilmer Street was built in 1952 and last sold on Oct 15, 2012 for $51,000.
How much is this home worth?
The estimated value of the home located at 409 Gilmer Street is $0.
What are some comparable homes to 409 Gilmer Street?
There are currently no comparable homes to 409 Gilmer Street.