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518 Fountain Pl

Burlington, NC 27215

4 bd 4 ba 3,673 sqft Built 1923 Lot 24,394 sqft single_family
Most recent sale
$550,000
Aug 16, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 16, 2022 Sold $550,000 MLS #2458497
Jul 14, 2022 Relisted $525,000 MLS #2458497
Jun 25, 2022 Listed $525,000 MLS #2458497
Apr 1, 2016 Sold $365,000 Public Record
Nov 23, 2015 Listed $439,900 MLS #89638

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $497,123 $60,000 $557,123 $5,419
2024 $497,123 $60,000 $557,123 $5,280
2023 $497,123 $60,000 $557,123 $5,075
2022 $298,229 $60,000 $358,229 $4,445
2021 $298,229 $60,000 $358,229 $4,481
2020 $298,229 $60,000 $358,229 $4,517
2019 $298,229 $60,000 $358,229 $4,529
2018 $298,229 $60,000 $358,229 $4,243
2017 $298,229 $60,000 $358,229 $4,217
2016 $240,164 $80,000 $320,164 $3,714
2015 $240,164 $80,000 $320,164 $1,848
2014 $240,164 $80,000 $320,164 $1,697
2013 $240,164 $80,000 $320,164 $1,729
2012 $240,164 $80,000 $320,164 $1,657
2011 $240,164 $80,000 $320,164 $1,665
2010 $240,164 $80,000 $320,164 $1,665
2009 $240,164 $80,000 $320,164 $1,665
2007 $200,979 $81,203 $282,182 $1,636

Property facts

Year built
1923
Property type
single_family
Stories
2
Beds
4
Baths
4
Living area
3,673 sqft
Lot size
24,394 sqft
ZIP code
27215
City
Burlington
Street
Fountain Pl
Coordinates
36.09428, -79.44754

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,959
Gross rental yield
10.82%
Implied cap rate
7.03%
Trend-extrapolated value

Frequently asked questions

When did 518 Fountain Pl last sell?
518 Fountain Pl most recently sold on Aug 16, 2022 for $550,000.
What is the current tax assessment for 518 Fountain Pl?
The most recent total assessment for 518 Fountain Pl (year 2025) is $557,123 with $5,419 in property tax.
How does 518 Fountain Pl's assessment compare to its last sale price?
The current assessment is 1.3% above the last sale price of $550,000.
When was 518 Fountain Pl built?
518 Fountain Pl was built in 1923.
How does 518 Fountain Pl compare to others on Fountain Pl?
We track 8 other properties on Fountain Pl. Browse the list under "Other properties on Fountain Pl" to compare beds, baths, and sale history.
What are the property facts for 518 Fountain Pl?
518 Fountain Pl is a 4 bed, 4 bath, 3,673 sqft, 24,394 sqft lot single_family.
Is 518 Fountain Pl a flip candidate?
No — 518 Fountain Pl does not appear in our flips dataset.
Is 518 Fountain Pl a tax-appeal candidate?
No — 518 Fountain Pl 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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