505 Fernway Dr
Burlington, NC 27217
3 bd 3 ba 2,224 sqft Built 2004 Lot 9,453 sqft single_family
Most recent sale
$300,000
Jun 22, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 22, 2022 | Sold | $300,000 | MLS #1068939 |
| May 11, 2022 | Listed | $300,000 | MLS #1068939 |
| May 31, 2019 | Sold | $175,000 | Public Record |
| Apr 3, 2019 | Listed | $175,000 | MLS #2246148 |
| Sep 1, 2016 | Sold | $146,000 | Public Record |
| Jul 13, 2016 | Listing removed | $146,500 | AlamanceMLS |
| May 24, 2016 | Listed | $147,500 | MLS #91559 |
| Jul 15, 2005 | Sold | $152,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $275,886 | $30,400 | $306,286 | $1,779 |
| 2024 | $275,886 | $30,400 | $306,286 | $1,673 |
| 2023 | $275,886 | $30,400 | $306,286 | $1,560 |
| 2022 | $151,617 | $15,500 | $167,117 | $1,280 |
| 2021 | $151,617 | $15,500 | $167,117 | $1,296 |
| 2020 | $151,617 | $15,500 | $167,117 | $1,313 |
| 2019 | $151,617 | $15,500 | $167,117 | $1,303 |
| 2018 | $151,617 | $15,500 | $167,117 | $1,169 |
| 2017 | $151,617 | $15,500 | $167,117 | $1,153 |
| 2016 | $130,142 | $25,000 | $155,142 | $1,070 |
| 2015 | $130,142 | $25,000 | $155,142 | $1,038 |
| 2014 | $130,142 | $25,000 | $155,142 | $965 |
| 2013 | $130,142 | $25,000 | $155,142 | $981 |
| 2012 | $130,142 | $25,000 | $155,142 | $937 |
| 2011 | $130,142 | $25,000 | $155,142 | $942 |
| 2010 | $130,142 | $25,000 | $155,142 | $942 |
| 2009 | $130,142 | $25,000 | $155,142 | $942 |
| 2008 | $121,794 | $22,272 | $144,066 | $962 |
| 2007 | $121,794 | $22,272 | $144,066 | $961 |
Property facts
Year built
2004
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
2,224 sqft
Lot size
9,453 sqft
ZIP code
27217
City
Burlington
Street
Fernway Dr
Coordinates
36.12669, -79.43946
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,002
Gross rental yield
12.01%
Implied cap rate
7.81%
Trend-extrapolated value
—
Frequently asked questions
When did 505 Fernway Dr last sell?
505 Fernway Dr most recently sold on Jun 22, 2022 for $300,000.
What is the current tax assessment for 505 Fernway Dr?
The most recent total assessment for 505 Fernway Dr (year 2025) is $306,286 with $1,779 in property tax.
How does 505 Fernway Dr's assessment compare to its last sale price?
The current assessment is 2.1% above the last sale price of $300,000.
When was 505 Fernway Dr built?
505 Fernway Dr was built in 2004.
How does 505 Fernway Dr compare to others on Fernway Dr?
We track 8 other properties on Fernway Dr. Browse the list under "Other properties on Fernway Dr" to compare beds, baths, and sale history.
What are the property facts for 505 Fernway Dr?
505 Fernway Dr is a 3 bed, 3 bath, 2,224 sqft, 9,453 sqft lot single_family.
Is 505 Fernway Dr a flip candidate?
No — 505 Fernway Dr does not appear in our flips dataset.
Is 505 Fernway Dr a tax-appeal candidate?
No — 505 Fernway Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+3.1%
Implied 1-yr
+12.5%
2026 Q3
$296.3K
2026 Q4
$304K
ZIP 27217 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Fernway Dr