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196 Melmark Dr

Burlington, NC 27217

3 bd 3 ba 1,384 sqft Built 2019 Lot 9,845 sqft single_family
Most recent sale
$235,000
May 17, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 27, 2022 Listed for rent $1,625 InvitationHomes
Sep 19, 2022 Listed for rent $1,625 InvitationHomes
Sep 10, 2022 Listed for rent $1,625 InvitationHomes
Sep 7, 2022 Price changed for rent $1,625 InvitationHomes
Aug 30, 2022 Listed for rent $1,680 InvitationHomes
Aug 23, 2022 Price changed for rent $1,680 InvitationHomes
Aug 18, 2022 Listed for rent $1,715 InvitationHomes
May 17, 2022 Sold $235,000 MLS #1070069
Apr 3, 2020 Sold $142,990 MLS #956739
Nov 14, 2019 Price changed $142,990 MLS #106055
Nov 13, 2019 Listed $140,990 MLS #106055
Sep 8, 2017 Sold $987,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $236,422 $19,000 $255,422 $2,484
2024 $236,422 $19,000 $255,422 $2,420
2023 $236,422 $19,000 $255,422 $2,326
2022 $108,654 $20,000 $128,654 $1,596
2021 $108,654 $20,000 $128,654 $1,609
2020 $74,657 $20,000 $94,657 $1,194
2019 $20,000 $20,000 $253
2018 $20,000 $20,000 $237
2017 $20,000 $20,000 $235
2016 $17,000 $17,000 $197
2015 $17,000 $17,000 $98

Property facts

Year built
2019
Property type
single_family
Stories
Beds
3
Baths
3
Living area
1,384 sqft
Lot size
9,845 sqft
ZIP code
27217
City
Burlington
Street
Melmark Dr
Coordinates
36.11456, -79.41423

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,868
Gross rental yield
9.54%
Implied cap rate
6.20%
Trend-extrapolated value

Frequently asked questions

When did 196 Melmark Dr last sell?
196 Melmark Dr most recently sold on May 17, 2022 for $235,000.
What is the current tax assessment for 196 Melmark Dr?
The most recent total assessment for 196 Melmark Dr (year 2025) is $255,422 with $2,484 in property tax.
How does 196 Melmark Dr's assessment compare to its last sale price?
The current assessment is 8.7% above the last sale price of $235,000.
When was 196 Melmark Dr built?
196 Melmark Dr was built in 2019.
How does 196 Melmark Dr compare to others on Melmark Dr?
We track 8 other properties on Melmark Dr. Browse the list under "Other properties on Melmark Dr" to compare beds, baths, and sale history.
What are the property facts for 196 Melmark Dr?
196 Melmark Dr is a 3 bed, 3 bath, 1,384 sqft, 9,845 sqft lot single_family.
Is 196 Melmark Dr a flip candidate?
No — 196 Melmark Dr does not appear in our flips dataset.
Is 196 Melmark Dr a tax-appeal candidate?
No — 196 Melmark 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
+3.1%
Implied 1-yr
+12.5%
2026 Q3
$296.3K
2026 Q4
$304K
ZIP 27217 — Median Price History + Forecast

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