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1028 Grace Ave

Burlington, NC 27217

3 bd 1 ba 1,080 sqft Built 1930 Lot 6,970 sqft single_family
Most recent sale
$185,000
Oct 5, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 5, 2022 Sold $185,000 MLS #2467677
Aug 23, 2022 Relisted $185,000 MLS #2467677
Aug 10, 2022 Listed $185,000 MLS #2467677
Aug 7, 2022 Listed $185,000 MLS #124277
Mar 31, 2022 Sold $85,000 Public Record
Jun 26, 2001 Sold $67,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $162,320 $15,000 $177,320 $1,724
2024 $162,320 $15,000 $177,320 $1,680
2023 $162,320 $15,000 $177,320 $1,615
2022 $34,716 $15,000 $49,716 $617
2021 $34,716 $15,000 $49,716 $621
2020 $34,716 $15,000 $49,716 $627
2019 $34,716 $15,000 $49,716 $629
2018 $34,716 $15,000 $49,716 $589
2017 $34,716 $15,000 $49,716 $585
2016 $32,646 $11,500 $44,146 $512
2015 $32,646 $11,500 $44,146 $255
2014 $32,646 $11,500 $44,146 $234
2013 $32,646 $11,500 $44,146 $238
2012 $32,646 $11,500 $44,146 $228
2011 $32,646 $11,500 $44,146 $230
2010 $32,646 $11,500 $44,146 $230
2009 $32,646 $11,500 $44,146 $230
2007 $47,174 $9,800 $56,974 $330

Property facts

Year built
1930
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,080 sqft
Lot size
6,970 sqft
ZIP code
27217
City
Burlington
Street
Grace Ave
Coordinates
36.09476, -79.42156

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
$1,458
Gross rental yield
9.46%
Implied cap rate
6.15%
Trend-extrapolated value

Frequently asked questions

When did 1028 Grace Ave last sell?
1028 Grace Ave most recently sold on Oct 5, 2022 for $185,000.
What is the current tax assessment for 1028 Grace Ave?
The most recent total assessment for 1028 Grace Ave (year 2025) is $177,320 with $1,724 in property tax.
How does 1028 Grace Ave's assessment compare to its last sale price?
The current assessment is 4.2% below the last sale price of $185,000.
When was 1028 Grace Ave built?
1028 Grace Ave was built in 1930.
How does 1028 Grace Ave compare to others on Grace Ave?
We track 8 other properties on Grace Ave. Browse the list under "Other properties on Grace Ave" to compare beds, baths, and sale history.
What are the property facts for 1028 Grace Ave?
1028 Grace Ave is a 3 bed, 1 bath, 1,080 sqft, 6,970 sqft lot single_family.
Is 1028 Grace Ave a flip candidate?
Yes — 1028 Grace Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1028 Grace Ave a tax-appeal candidate?
No — 1028 Grace Ave 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
+3.1%
Implied 1-yr
+12.5%
2026 Q3
$296.3K
2026 Q4
$304K
ZIP 27217 — Median Price History + Forecast

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