6 months on rocket

616 N Mebane St, Burlington, NC, 27217

$314,900

Home List Price

$3,739*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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616 N Mebane St, Burlington$314,900

Buyer Closing Credits

$3,739*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingDriveway, On Street
Year Built1950
HeatingForced Air, Multi Unit(s), Natural Gas
CoolingWindow Unit(s)
MLS #1123747
Lot Size0.31 Acres
StatusActive

About 616 N Mebane St

Amazing opportunity to own a quadplex with an incredible rental history: Unit 1: $800 Unit 2: $650 Unit 3: $750 Unit 4: $650 Current owner has replaced all of the plumbing and has replaced the roof.

Property Details

Property Features

Property Information:

  • Year Built: 1950

Listing Office:

  • Office Name: COLDWELL BANKER - HP&W
  • Office Phone: (919) 732-6101
  • Listing Agent: Bryan Guarnieri

Exterior Features

Parking Information:

  • Parking: Driveway, On Street

Lot Features

Lot Information:

  • Lot: City Lot
  • Lot Size: 0.31 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Multi Unit(s), Natural Gas
  • Cooling: Window Unit(s)

Other

Directions Information:

  • Directions: From I-40W take exit 145 for NC-49 toward Burlington/Downtown/Liberty; Use the right 2 lanes to turn right on NC-49 N/State Hwy 49 N/Maple Ave; Continue to follow Maple Ave; Pass by KFC (on the rt); Turn right on S Mebane St; Destination will be on the lt

Price Information

Listing Price Info

Price Summary:

  • List Price: $314,900

Tax Information:

  • Annual Amount: $704
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Burlington, NC.

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Burlington, NC

City

Med. Sold Price

$264.5K

Med. Price/SqFt

$172

Avg. Days On Market

36

# of Sold Homes

84

616 N Mebane St vs Burlington

190 DAYS ON ROCKET

+154 Days

$314,900

+$50.3K More

KEY TAKEAWAY

This property is $50.3K more than the Median Sold Price in Burlington, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Triad MLS
  • MLS Number: #1123747

Listing Office:

  • Office Name: COLDWELL BANKER - HP&W
  • Office Phone: (919) 732-6101
  • Listing Agent: Bryan Guarnieri

IDX Copyright © 2024 Triad Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. This site will be monitored for ‘scraping’ and any use of search facilities of data on the site other than by potential buyers/sellers is prohibited. All Sale data is for informational purposes only and is not an indication of a market analysis or appraisal. Properties marked with the Triad MLS, Inc. icon are provided courtesy of the Triad MLS, Inc.’s, Internet Data Exchange Database.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/5/2024, 10:20:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 31, 2015Home Sold
$73,000

Tax History

YEARPROP. TAXASSESSMENT
2021$704$118,378
2020$1,496$118,378
2018$1,401$118,378
2017$1,394$118,378

History based on county public records data.

Payment Calculator

$1,639

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,011

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-6707761
2
/10

  • Eastlawn Elementary School

  • 502 N Graham Hopedale Rd

  • 1.36 miles

  • Public District Grades PK-5

school-card-donut-6707762
4
/10

  • Harvey R Newlin Elementary School

  • 316 Carden St

  • 1.40 miles

  • Public District Grades PK-5

school-card-donut-6707763
4
/10

  • Grove Park Elementary School

  • 141 Trail One

  • 2.02 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $29,079. Residents of Burlington, NC typically earn less than $35k each year. Most families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›North Carolina›Alamance County›Burlington›27217›616 N Mebane St

This home is located at 616 N Mebane St in Burlington, NC and zip code 27217. This home was built in 1950. It has been listed on Rocket Homes since October 28, 2023 and is currently priced at $314,900.

In April 2024 more than 26 listings in Burlington, NC were sold above the asking price. During the same period more than 21 listings were sold at asking price, while more than 37 were sold below. The inventory of homes for sale in Burlington, NC between March 2024 and April 2024 decreased by 4.7%. While the average time on the market in April 2024 was 36 days, the median list price was $264,565.

From Rocket Homes Real Estate and based on county public records data.

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