1725 Elder Way
Burlington, NC 27215
3 bd 2 ba 1,583 sqft Built 1957 Lot 17,337 sqft single_family
Most recent sale
$300,000
Sep 12, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 12, 2022 | Sold | $300,000 | MLS #2468318 |
| Aug 12, 2022 | Listed | $300,000 | MLS #2468318 |
| Jan 29, 2021 | Sold | $100,400 | MLS #2361504 |
| Jan 14, 2021 | Listed | $89,900 | MLS #114173 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $287,937 | $31,119 | $319,056 | $3,103 |
| 2024 | $287,937 | $31,119 | $319,056 | $3,024 |
| 2023 | $287,937 | $31,119 | $319,056 | $2,906 |
| 2022 | $91,564 | $31,455 | $123,019 | $1,526 |
| 2021 | $91,564 | $31,455 | $123,019 | $1,538 |
| 2020 | $91,564 | $31,455 | $123,019 | $1,551 |
| 2019 | $91,564 | $31,455 | $123,019 | $1,555 |
| 2018 | $91,564 | $31,455 | $123,019 | $1,457 |
| 2017 | $91,564 | $31,455 | $123,019 | $1,448 |
| 2016 | $82,002 | $31,455 | $113,457 | $1,316 |
| 2015 | $82,002 | $31,455 | $113,457 | $655 |
| 2014 | $82,002 | $31,455 | $113,457 | $601 |
| 2013 | $82,002 | $31,455 | $113,457 | $613 |
| 2012 | $82,002 | $31,455 | $113,457 | $587 |
| 2011 | $82,002 | $31,455 | $113,457 | $590 |
| 2010 | $82,002 | $31,455 | $113,457 | $590 |
| 2009 | $82,002 | $31,455 | $113,457 | $590 |
| 2007 | $86,435 | $26,160 | $112,595 | $653 |
Property facts
Year built
1957
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,583 sqft
Lot size
17,337 sqft
ZIP code
27215
City
Burlington
Street
Elder Way
Coordinates
36.06980, -79.43992
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,137
Gross rental yield
8.55%
Implied cap rate
5.56%
Trend-extrapolated value
—
Frequently asked questions
When did 1725 Elder Way last sell?
1725 Elder Way most recently sold on Sep 12, 2022 for $300,000.
What is the current tax assessment for 1725 Elder Way?
The most recent total assessment for 1725 Elder Way (year 2025) is $319,056 with $3,103 in property tax.
How does 1725 Elder Way's assessment compare to its last sale price?
The current assessment is 6.4% above the last sale price of $300,000.
When was 1725 Elder Way built?
1725 Elder Way was built in 1957.
How does 1725 Elder Way compare to others on Elder Way?
We track 8 other properties on Elder Way. Browse the list under "Other properties on Elder Way" to compare beds, baths, and sale history.
What are the property facts for 1725 Elder Way?
1725 Elder Way is a 3 bed, 2 bath, 1,583 sqft, 17,337 sqft lot single_family.
Is 1725 Elder Way a flip candidate?
Yes — 1725 Elder Way appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1725 Elder Way a tax-appeal candidate?
No — 1725 Elder Way is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+6.1%
Implied 1-yr
+24.6%
2026 Q3
$621.6K
2026 Q4
$648.9K
ZIP 27215 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Elder Way