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2508 Cambridge Rd

Burlington, NC 27215

4 bd 3 ba 2,494 sqft Built 2003 Lot 23,087 sqft single_family
Most recent sale
$393,500
Jun 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 30, 2024 Price changed for rent $2,395 Rent.
Sep 28, 2024 Price changed for rent $2,395 MainStreetRenewalLLC
Sep 27, 2024 Price changed for rent $2,395 Rently
Sep 12, 2024 Listed for rent $2,445 Rent.
Sep 10, 2024 Listed for rent $2,445 MainStreetRenewalLLC
Sep 9, 2024 Listed for rent $2,445 Rently
Aug 26, 2024 Listed for rent $2,445 MainStreetRenewalLLC
Aug 25, 2024 Listed for rent $2,445 Rently
Jun 14, 2022 Sold $393,500 Public Record
May 20, 2022 Listed $398,800 MLS #2450645
Dec 16, 2021 Sold $339,000 Public Record
Nov 22, 2021 Listed $299,000 MLS #121649
Mar 27, 2020 Listed for rent $1,600 AppfolioUnits
Feb 26, 2019 Listing removed $1,500 AppfolioUnits
Feb 22, 2019 Listed for rent $1,500 AppfolioUnits
Jul 12, 2009 Listing removed $220,000 AlamanceMLS
Apr 4, 2009 Listing removed $220,000 DoorifyMLS
Feb 22, 2009 Listing removed $220,000 DoorifyMLS
Jan 13, 2009 Listed $220,000 MLS #1642613
Dec 17, 2003 Sold $191,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $308,507 $45,000 $353,507 $3,438
2024 $308,507 $45,000 $353,507 $3,350
2023 $358,729 $45,000 $403,729 $3,678
2022 $183,352 $30,000 $213,352 $2,647
2021 $183,352 $30,000 $213,352 $2,669
2020 $183,352 $30,000 $213,352 $2,690
2019 $183,352 $30,000 $213,352 $2,697
2018 $183,352 $30,000 $213,352 $2,526
2017 $183,352 $30,000 $213,352 $2,511
2016 $192,191 $35,000 $227,191 $2,635
2015 $192,191 $35,000 $227,191 $1,311
2014 $192,191 $35,000 $227,191 $1,204
2013 $192,191 $35,000 $227,191 $1,226
2012 $192,191 $35,000 $227,191 $1,175
2011 $192,191 $35,000 $227,191 $1,181
2010 $192,191 $35,000 $227,191 $1,181
2009 $192,191 $35,000 $227,191 $1,181
2008 $150,576 $30,000 $180,576 $2,175
2007 $150,576 $30,000 $180,576 $1,047

Property facts

Year built
2003
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,494 sqft
Lot size
23,087 sqft
ZIP code
27215
City
Burlington
Street
Cambridge Rd
Coordinates
36.06264, -79.48151

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,367
Gross rental yield
10.27%
Implied cap rate
6.67%
Trend-extrapolated value

Frequently asked questions

When did 2508 Cambridge Rd last sell?
2508 Cambridge Rd most recently sold on Jun 14, 2022 for $393,500.
What is the current tax assessment for 2508 Cambridge Rd?
The most recent total assessment for 2508 Cambridge Rd (year 2025) is $353,507 with $3,438 in property tax.
How does 2508 Cambridge Rd's assessment compare to its last sale price?
The current assessment is 10.2% below the last sale price of $393,500.
When was 2508 Cambridge Rd built?
2508 Cambridge Rd was built in 2003.
How does 2508 Cambridge Rd compare to others on Cambridge Rd?
We track 7 other properties on Cambridge Rd. Browse the list under "Other properties on Cambridge Rd" to compare beds, baths, and sale history.
What are the property facts for 2508 Cambridge Rd?
2508 Cambridge Rd is a 4 bed, 3 bath, 2,494 sqft, 23,087 sqft lot single_family.
Is 2508 Cambridge Rd a flip candidate?
No — 2508 Cambridge Rd does not appear in our flips dataset.
Is 2508 Cambridge Rd a tax-appeal candidate?
No — 2508 Cambridge Rd is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+6.1%
Implied 1-yr
+24.6%
2026 Q3
$621.6K
2026 Q4
$648.9K
ZIP 27215 — Median Price History + Forecast

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