505 South Graham Hopedale Road
505 South Graham Hopedale Road, Burlington, NC 27217
Property
in
Alamance
Sold Oct 28, 2020
$302,500
Buyer
$800,000
by South Point Funding Llc
Mortgage Due Apr 01, 2054
Local assessors in Burlington, NC have categorized 505 South Graham Hopedale Road as a residential type of property.
The home was built in 1950 and is 74 years old.
The property's lot size has been calculated to be 12,763 square feet.
Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style.
Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom.
As for the restroom situation, there is one full bathroom.
There are also 2 partial bathrooms.
This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis.
If we look only at the heated or air conditioned part of the building, then 505 South Graham Hopedale Road has a total of 1,336 sqft of living area.
Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.
Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with brick control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a gable style roof that was made of composition shingle. Lots of brick veneer were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is 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, 505 South Graham Hopedale Road sold most recently in Oct 26, 2020 for a total of $302,500. If you work out the math, that's approximately a cost of $226.42 per sqft. 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 $500 in taxes each year. The initial year of tax delinquency occurred in 2022. 505 South Graham Hopedale Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $115,828. If we break it down further, the land itself was valued at $115,828. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.
Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with brick control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a gable style roof that was made of composition shingle. Lots of brick veneer were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is 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, 505 South Graham Hopedale Road sold most recently in Oct 26, 2020 for a total of $302,500. If you work out the math, that's approximately a cost of $226.42 per sqft. 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 $500 in taxes each year. The initial year of tax delinquency occurred in 2022. 505 South Graham Hopedale Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $115,828. If we break it down further, the land itself was valued at $115,828. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.
This property description is generated based on publicly available data.
505 South Graham Hopedale Road, Burlington, NC 27217
By proceeding, you consent to receive calls and texts at the number you provided, including marketing by autodialer and prerecorded and artificial voice, and email, from Move, Inc., Move Sales, Inc., Opcity, Inc., realtor.com, and their network of service providers, about your inquiry and other home-related matters, but not as a condition of any purchase. Msg/data rates may apply. This consent applies even if you are on a corporate, state, or national Do Not Call list.
By proceeding, you agree to our Terms of Service.
