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1620 Morgantown Rd

Burlington, NC 27217

2 bd 1 ba 720 sqft Built 1959 Lot 15,725 sqft single_family
Most recent sale
$165,000
Jun 2, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 13, 2026 Price changed for rent $790 AppfolioUnits
Dec 30, 2025 Price changed for rent $875 AppfolioUnits
Dec 23, 2025 Price changed for rent $900 AppfolioUnits
Dec 19, 2025 Listed for rent $725 AppfolioUnits
Jun 2, 2022 Sold $165,000 Public Record
Mar 31, 2022 Listed $168,500 MLS #122619
Nov 12, 2021 Sold $68,000 MLS #1045421
Oct 9, 2021 Listed $75,000 MLS #1045421
Oct 8, 2021 Listed $75,000 MLS #120142

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $133,430 $20,000 $153,430 $1,492
2024 $133,430 $20,000 $153,430 $1,454
2023 $133,430 $20,000 $153,430 $1,397
2022 $14,311 $8,000 $22,311 $321
2021 $17,889 $8,000 $25,889 $323
2020 $17,889 $8,000 $25,889 $326
2019 $17,889 $8,000 $25,889 $327
2018 $17,889 $8,000 $25,889 $306
2017 $17,889 $8,000 $25,889 $304
2016 $25,437 $20,000 $45,437 $527
2015 $25,437 $20,000 $45,437 $262
2014 $25,437 $20,000 $45,437 $240
2013 $25,437 $20,000 $45,437 $245
2012 $25,437 $20,000 $45,437 $235
2011 $25,437 $20,000 $45,437 $236
2010 $25,437 $20,000 $45,437 $236
2009 $25,437 $20,000 $45,437 $236
2007 $25,884 $10,167 $36,051 $209

Property facts

Year built
1959
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
720 sqft
Lot size
15,725 sqft
ZIP code
27217
City
Burlington
Street
Morgantown Rd
Coordinates
36.11900, -79.43174

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$972
Gross rental yield
7.07%
Implied cap rate
4.59%
Trend-extrapolated value

Frequently asked questions

When did 1620 Morgantown Rd last sell?
1620 Morgantown Rd most recently sold on Jun 2, 2022 for $165,000.
What is the current tax assessment for 1620 Morgantown Rd?
The most recent total assessment for 1620 Morgantown Rd (year 2025) is $153,430 with $1,492 in property tax.
How does 1620 Morgantown Rd's assessment compare to its last sale price?
The current assessment is 7.0% below the last sale price of $165,000.
When was 1620 Morgantown Rd built?
1620 Morgantown Rd was built in 1959.
How does 1620 Morgantown Rd compare to others on Morgantown Rd?
We track 4 other properties on Morgantown Rd. Browse the list under "Other properties on Morgantown Rd" to compare beds, baths, and sale history.
What are the property facts for 1620 Morgantown Rd?
1620 Morgantown Rd is a 2 bed, 1 bath, 720 sqft, 15,725 sqft lot single_family.
Is 1620 Morgantown Rd a flip candidate?
Yes — 1620 Morgantown Rd appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1620 Morgantown Rd a tax-appeal candidate?
No — 1620 Morgantown Rd 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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