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316 NC Highway 87

Burlington, NC 27217

2 bd 1 ba 1,084 sqft Built 1951 Lot 19,602 sqft single_family
Most recent sale
$190,000
May 20, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 20, 2022 Sold $190,000 MLS #1065851
Apr 21, 2022 Listed $175,000 MLS #2442391
Sep 24, 2015 Sold $100,000 Public Record
May 22, 2015 Listing removed $104,900 AlamanceMLS
May 21, 2015 Listed $104,900 MLS #87391
Oct 9, 2014 Sold $42,000 Public Record
Sep 20, 2014 Listing removed $38,610 AlamanceMLS
Sep 9, 2014 Listed $38,610 MLS #84759
Jun 30, 2004 Sold $98,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $164,951 $34,752 $199,703 $1,180
2024 $164,951 $34,752 $199,703 $1,103
2023 $164,951 $34,752 $199,703 $1,030
2022 $78,248 $24,080 $102,328 $783
2021 $78,248 $24,080 $102,328 $794
2020 $78,248 $24,080 $102,328 $804
2019 $78,248 $24,080 $102,328 $798
2018 $78,248 $24,080 $102,328 $716
2017 $78,248 $24,080 $102,328 $706
2016 $70,213 $25,445 $95,658 $660
2015 $70,213 $25,445 $95,658 $656
2014 $70,213 $25,445 $95,658 $612
2013 $70,213 $25,445 $95,658 $621
2012 $70,213 $25,445 $95,658 $594
2011 $70,213 $25,445 $95,658 $597
2010 $70,213 $25,445 $95,658 $597
2009 $70,213 $25,445 $95,658 $597
2008 $56,314 $18,080 $74,394 $509
2007 $56,314 $18,080 $74,394 $509

Property facts

Year built
1951
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,084 sqft
Lot size
19,602 sqft
ZIP code
27217
City
Burlington
Street
NC Highway 87
Coordinates
36.11556, -79.48123

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,463
Gross rental yield
9.24%
Implied cap rate
6.01%
Trend-extrapolated value

Frequently asked questions

When did 316 NC Highway 87 last sell?
316 NC Highway 87 most recently sold on May 20, 2022 for $190,000.
What is the current tax assessment for 316 NC Highway 87?
The most recent total assessment for 316 NC Highway 87 (year 2025) is $199,703 with $1,180 in property tax.
How does 316 NC Highway 87's assessment compare to its last sale price?
The current assessment is 5.1% above the last sale price of $190,000.
When was 316 NC Highway 87 built?
316 NC Highway 87 was built in 1951.
How does 316 NC Highway 87 compare to others on NC Highway 87?
We track 8 other properties on NC Highway 87. Browse the list under "Other properties on NC Highway 87" to compare beds, baths, and sale history.
What are the property facts for 316 NC Highway 87?
316 NC Highway 87 is a 2 bed, 1 bath, 1,084 sqft, 19,602 sqft lot single_family.
Is 316 NC Highway 87 a flip candidate?
No — 316 NC Highway 87 does not appear in our flips dataset.
Is 316 NC Highway 87 a tax-appeal candidate?
No — 316 NC Highway 87 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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