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$525,000

Beds
4
Baths
3.5
sq ft
2,173

728 West Davis Street, Burlington, NC 27215

728 West Davis Street

Burlington, NC 27215

  • 82 days on market
    • Price drop $50,000↓
Located in the heart of Burlington's Historic District, The Pollard-Neese House, is one of the district's pivotal homes with neoclassical features. Unique for its size and material, it consists of flat-roofed form in symmetrical compositions with classically inspired roof balustrades. The Pollard-Neese House is fortress-like with its grand interior room dimensions. Built one hundred and ten years ago, this home is ready for revival. The high ceilings, glass knobs and original windows preserve the historic home grandeur. Renovation has begun. Seller has updated the kitchen, installed two new HVAC systems and begun construction for a luxurious primary suite upstairs. Needed repairs include second story floors, baths, trim and fixtures. The finished square footage is 2173, and after rehab it is approximately 4,000 square feet. Property sold As IS.

Details

Property type

Single Family Residence

Est. home value

$474,137

Lot size

0.31 acres

Price per sq ft

$242

Year built

1910

Annual property taxes

$1,992

Price History

10/22/2024
TriangleMLS

TriangleMLS #10046937

Price change
$525,000
-8.7%
08/15/2024
TriangleMLS

TriangleMLS #10046937

Listed
$575,000
+99.65%
11/27/2006
TriangleMLS

TriangleMLS #50149

Sold
$288,000

Schools & Community

Elementary school: 

Alamance - Grove Park

Middle school: 

Alamance - Turrentine

High school: 

Alamance - Walter Williams

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Guaranteed Rate Inc

Loan start date

March 2013

Original loan amount

$234,175

Est. remaining balance

Not provided

Interest rate

3.53%

Loan type

New Conventional

Seller

Mark Teears and Karen Teears

Lender

Abn Amro Mortgage Group I

Loan start date

June 2007

Original loan amount

$250,000

Est. remaining balance

$160,009

Interest rate

6.17%

Loan type

New Conventional, 30 year

Seller

Mark Teears and Karen Jacklin

Lender

Branch Banking & Trust Co

Loan start date

November 2006

Original loan amount

$244,800

Est. remaining balance

Not provided

Interest rate

6.3%

Loan type

New Conventional

Seller

Mark Teears

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/05/2024 at 10:20 AM

Listing updated: 10/22/2024 at 6:00 PM

Listed by: Suzanne S Lambeth, NorthGroup Real Estate LLC Phone #: (704) 412-2804

MLS: TriangleMLS #10046937

TriangleMLS logo

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