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1405 Cherry Dr

Burlington, NC 27215

4 bd 2 ba 1,695 sqft Built 1975 Lot 18,295 sqft single_family
Most recent sale
$294,000
Jul 20, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 20, 2023 Sold $294,000 TriangleAreaNC
Jun 11, 2023 Listing removed AlamanceMLS
Jun 8, 2023 Listed $289,900 TriadMLS

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $224,175 $40,000 $264,175 $2,569
2024 $224,175 $40,000 $264,175 $2,503
2023 $224,175 $40,000 $264,175 $1,135
2022 $116,585 $35,000 $151,585 $1,881
2021 $116,585 $35,000 $151,585 $1,896
2020 $116,585 $35,000 $151,585 $1,911
2019 $116,585 $35,000 $151,585 $1,916
2018 $116,585 $35,000 $151,585 $1,795
2017 $116,585 $35,000 $151,585 $1,784
2016 $112,856 $35,000 $147,856 $1,715
2015 $112,856 $35,000 $147,856 $853
2014 $112,856 $35,000 $147,856 $783
2013 $112,856 $35,000 $147,856 $798
2012 $112,856 $35,000 $147,856 $765
2011 $112,856 $35,000 $147,856 $768
2010 $112,856 $35,000 $147,856 $768
2009 $112,856 $35,000 $147,856 $768
2007 $107,994 $46,753 $154,747 $897

Property facts

Year built
1975
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
1,695 sqft
Lot size
18,295 sqft
ZIP code
27215
City
Burlington
Street
Cherry Dr
Coordinates
36.10163, -79.47635

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
$2,288
Gross rental yield
9.34%
Implied cap rate
6.07%
Trend-extrapolated value

Frequently asked questions

When did 1405 Cherry Dr last sell?
1405 Cherry Dr most recently sold on Jul 20, 2023 for $294,000.
What is the current tax assessment for 1405 Cherry Dr?
The most recent total assessment for 1405 Cherry Dr (year 2025) is $264,175 with $2,569 in property tax.
How does 1405 Cherry Dr's assessment compare to its last sale price?
The current assessment is 10.1% below the last sale price of $294,000.
When was 1405 Cherry Dr built?
1405 Cherry Dr was built in 1975.
How does 1405 Cherry Dr compare to others on Cherry Dr?
We track 8 other properties on Cherry Dr. Browse the list under "Other properties on Cherry Dr" to compare beds, baths, and sale history.
What are the property facts for 1405 Cherry Dr?
1405 Cherry Dr is a 4 bed, 2 bath, 1,695 sqft, 18,295 sqft lot single_family.
Is 1405 Cherry Dr a flip candidate?
No — 1405 Cherry Dr does not appear in our flips dataset.
Is 1405 Cherry Dr a tax-appeal candidate?
No — 1405 Cherry Dr 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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