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5115 Mt Vernon Church Road

5115 Mt Vernon Church Road, Burlington, NC 27217
Property in Alamance
Sold Jul 28, 2020
$445,000
$356,000 by First Bank
Mortgage Due Aug 01, 2050
Sold Jul 03, 2019
$25,000
Local assessors in Burlington, NC have categorized 5115 Mt Vernon Church Road as a residential type of property. The home was built in 2013 and is 11 years old. The property's lot size has been calculated to be 284,011 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 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 are 3 full bathrooms. There are also 3 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 5115 Mt Vernon Church Road has a total of 2,827 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. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. 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 - B. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. 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, 5115 Mt Vernon Church Road was last sold in Jul 28, 2020 for $445,000. According to our calculations, that's $157.41 per sqft. Prior to that sales transaction, the property was sold for $25,000 in Jul 2, 2019. Current property owners are expected to pay $3,230 in taxes per year. The property on 5115 Mt Vernon Church Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $618,728. To break that down further, the land itself was valued at $73,543. While improvements to the property were assessed at a total of $545,185. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 2013
  • Effective Year Built: 2013
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: B
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 284,011
  • Total Building Area: 2,827
  • Building Area: 2,827
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,827
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WALLACE LEE GILLIAM
  • Land Acres: 6.52
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Miscellaneous (general)
  • Legal Description 1: MT VERNON CHURCH RD LOT 2 5-5-48

Ownership

  • Current Owner : CHISHOLM MICHAEL LYNN
  • Current Owner 2: CHISHOLM MICHELLE FOX
  • Previous Owner : WARD JASON HOWARD
  • Previous Owner 2: WARD ANITA JONES
  • Owner Before Previous Owner: PRIMM ALICE WILTSHIRE

Neighborhood

  • School District Name: Alamance-Burlington Schools
  • School Tax School District: WESTERN
  • Census Tract: 021400

Geography

  • Assessors Map Reference: PM 8879
  • Account Number: 694687
  • Parcel: 141984
  • Municipality: FAUCETTE
  • Latitude: 36.2213
  • Longitude: -79.4204

    Address

  • Full Address: 5115 Mount Vernon Church Rd
  • Address - House Number: 5115
  • Address - Street Name: Mount Vernon Church
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Burlington
  • Carrier Code: R002
  • 4-Digit Zip Code: 9253
  • Zip Code: 27217

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,230
  • Tax Rate Code Area: 38

    Appraisal Valuation

  • Standard Deviation: 0.2062
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 72
  • Final Value: 596,308
  • High Value: 719,277
  • Low Value: 473,339

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $356,000
  • First Open Lien Mortgage Lender: FIRST BANK
  • First Open Lien Mortgage Recording Date: Jul 28, 2020
  • First Open Lien Mortgage Loan Amount: $356,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2050

    Market Valuation

  • Market Total Value: $618,728
  • Market Land Value: $73,543
  • Market Improvement Value: $545,185

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $618,728
  • Assessed Land Value: $73,543
  • Assessed Improvements Value: $545,185

    Sales

  • Current Sale Contract Date: Jul 28, 2020
  • Current Sale Recording Date: Jul 28, 2020
  • Current Sale Transaction ID: 11776812549
  • Current Sale Price: $445,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 13385
  • Previous Sale Recording Date: Jul 03, 2019
  • Previous Sale Contract Date: Jul 02, 2019
  • Previous Sale Amount: $25,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST BANK
  • First Mortgage Transaction Date: Jul 28, 2020
  • First Mortgage Loan Amount: $356,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2050

About Alamance



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Frequently Asked Questions

What neighborhood is 5115 Mt Vernon Church Road located in?
The 5115 Mt Vernon Church Road is a located in the neighborhood of Alamance in Alamance, Burlington.
What is the average sales price for listings in 5115 Mt Vernon Church Road?
The average sales price for units in 5115 Mt Vernon Church Road is $0 currently.

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