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1050 Kerr Street

1050 Kerr Street, Burlington, NC 27215
Property in Guilford
Sold Oct 21, 2019
$262,000
$249,185 by Pennymac Loan Services Llc
Mortgage Due Feb 01, 2052
Sold May 09, 2019
$625,000
1050 Kerr Street has been categorized by the local assessors in Burlington, NC as a residential type of property. The building on the property was first built in 2019 and is 5 years old. The home has a total of 4 bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1050 Kerr Street has 2,872 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 6,098 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a gable style roof. The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. The property was last sold in Oct 21, 2019 for $262,000. That's $91.23 per sqft. Prior to that sales transaction, the property was also sold in May 9, 2019 for $625,000. 1050 Kerr Street was last assessed in 2023. The total value of the property was assessed at $262,800. Specifically, the land the property is located on was valued at $50,000. While improvements on the property were assessed at a total of $212,800. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $3,489. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: C
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,098
  • Total Building Area: 2,872
  • Gross Building Area: 2,872
  • Building Area: 2,872
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,872
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: THE COVE AT MACKINTOSH
  • Land Acres: 0.14
  • Standard Land Use Code: Single family residential
  • Legal Description 1: THE COVE AT MACKINTOSH LO133 PH2A

Ownership

  • Current Owner : GIBBS SHAWNTELL
  • Current Owner 2: GIBBS KIMBERLY
  • Previous Owner : DR HORTON INC
  • Owner Before Previous Owner: GHD MACKINTOSH LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Alamance-Burlington Schools
  • Census Tract: 017200

Zoning

  • Zoning: CMX-R

Geography

  • District: 02
  • Parcel: 0229144
  • Lot: 133
  • Municipality: ROCK CREEK
  • Latitude: 36.0565
  • Longitude: -79.5414

    Address

  • Full Address: 1050 Kerr St
  • Address - House Number: 1050
  • Address - Street Name: Kerr
  • Address - Suffix Type: St
  • State: NC
  • City Name: Burlington
  • Carrier Code: R022
  • 4-Digit Zip Code: 7417
  • Zip Code: 27215

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,489

    Appraisal Valuation

  • Standard Deviation: 0.2282
  • Valuation Date: Oct 04, 2023
  • Confidence Score: 68
  • Final Value: 420,741
  • High Value: 516,760
  • Low Value: 324,722

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $249,185
  • First Open Lien Mortgage Lender: PENNYMAC LOAN SERVICES LLC
  • First Open Lien Mortgage Recording Date: Jan 26, 2022
  • First Open Lien Mortgage Loan Amount: $249,185
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2052

    Market Valuation

  • Market Total Value: $262,800
  • Market Land Value: $50,000
  • Market Improvement Value: $212,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $262,800
  • Assessed Land Value: $50,000
  • Assessed Improvements Value: $212,800

    Sales

  • Current Sale Contract Date: Oct 21, 2019
  • Current Sale Recording Date: Oct 21, 2019
  • Current Sale Transaction ID: 11664549989
  • Current Sale Price: $262,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2019057431
  • Previous Sale Recording Date: May 09, 2019
  • Previous Sale Contract Date: May 09, 2019
  • Previous Sale Amount: $625,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: DHI MORTGAGE COMPANY LTD
  • First Mortgage Transaction Date: Oct 21, 2019
  • First Mortgage Loan Amount: $256,841
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Nov 01, 2049

About Burlington



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Frequently Asked Questions

What neighborhood is 1050 Kerr Street located in?
The 1050 Kerr Street is a located in the neighborhood of Guilford in Burlington, Burlington.
What is the average sales price for listings in 1050 Kerr Street?
The average sales price for units in 1050 Kerr Street is $0 currently.

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