Check Availability

509 South Graham Hopedale Road

509 South Graham Hopedale Road, Burlington, NC 27217
Property in Alamance
Sold Oct 28, 2020
$302,500
$272,500 by Lucas J Jordan Testamentary Tr
Mortgage Due Nov 01, 2023
Sold Jan 01, 1990
Transfer
Local assessors in Burlington, NC have categorized 509 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 12,415 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 4 rooms in the home. Of these, 2 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 is also a partial bathroom. 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 509 South Graham Hopedale Road has a total of 832 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 509 South Graham Hopedale Road was last sold in Oct 26, 2020 for $302,500. According to our calculations, that's $363.58 per sqft. Current property owners are expected to pay $500 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2022. The property on 509 South Graham Hopedale Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $115,828. To break that down further, the land itself was valued at $115,828. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. 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.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: C
  • Construction Type: Brick
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 12,415
  • Lot Size Frontage Feet: 760
  • Total Building Area: 832
  • Building Area: 832
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 832
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: GLENHOPE SUBDIVISION
  • Land Acres: 0.285
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Miscellaneous (general)
  • Legal Description 1: GLENHOPE SUB LT 3 138-558-28

Ownership

  • Current Owner : J SILVA INC
  • Previous Owner : JORDAN JACK EARLE
  • Previous Owner 2: JORDAN JACQUELINE
  • 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: 020200

Zoning

  • Zoning: OI

Geography

  • Assessors Map Reference: PM 8875
  • Account Number: 697119
  • Parcel: 139703
  • Lot: 3
  • Municipality: BURLINGTON
  • Latitude: 36.0927
  • Longitude: -79.4064

    Address

  • Full Address: 509 S Graham Hopedale Rd
  • Address - House Number: 509
  • Street Direction: S
  • Address - Street Name: Graham Hopedale
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Burlington
  • Carrier Code: C039
  • 4-Digit Zip Code: 4321
  • Zip Code: 27217

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $500
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 12

    Appraisal Valuation

  • Standard Deviation: 0.2503
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 64
  • Final Value: 141,738
  • High Value: 177,219
  • Low Value: 106,256

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $272,500
  • First Open Lien Mortgage Lender: LUCAS J JORDAN TESTAMENTARY TR
  • First Open Lien Mortgage Recording Date: Oct 28, 2020
  • First Open Lien Mortgage Loan Amount: $272,500
  • First Open Lien Mortgage Term: 36
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Seller take-back
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2023
  • First Open Lien Mortgage Private Lender: T

    Market Valuation

  • Market Total Value: $115,828
  • Market Land Value: $115,828

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $115,828
  • Assessed Land Value: $115,828

    Sales

  • Current Sale Contract Date: Oct 26, 2020
  • Current Sale Recording Date: Oct 28, 2020
  • Current Sale Transaction ID: 11796542723
  • Current Sale Price: $302,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20829
  • Previous Sale Recording Date: Jan 01, 1990
  • Previous Sale Contract Date: Jan 01, 1990
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: LUCAS J JORDAN TESTAMENTARY TR
  • First Mortgage Transaction Date: Oct 28, 2020
  • First Mortgage Loan Amount: $272,500
  • First Mortgage Terms: 36
  • First Mortgage Loan Type: Seller take-back
  • First Mortgage Loan Due Date: Nov 01, 2023

About Burlington



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 509 South Graham Hopedale Road located in?
The 509 South Graham Hopedale Road is a located in the neighborhood of Alamance in Burlington, Burlington.
What is the average sales price for listings in 509 South Graham Hopedale Road?
The average sales price for units in 509 South Graham Hopedale Road is $0 currently.

Quantcast