501 Trollinger Street

501 Trollinger Street in Burlington, NC was first built in 1951 and is 73 years old. This has been categorized as a commercial property type. It is a single story home. 501 Trollinger Street has 2,100 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 11,587 square feet.

Learn more about the property and building on this page. The home has a flat style roof made of tar and gravel. 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. The quality of the control joints have been graded by the local assessor with a letter grade of C. The exterior walls of the home are made of brick veneer. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a heat pump and being fueled with gas. 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, 501 Trollinger Street sold most recently in Jan 16, 2024 for a total of $160,000. If you work out the math, that's approximately a cost of $76.19 per sqft. Before that, the property was also sold for $100,000 in Dec 12, 2001. 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 $588 in taxes each year. 501 Trollinger Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $136,052. If we break it down further, the land itself was valued at $43,306. Improvements to the property, however, were assessed at a total of $92,746. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!