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516 Peele St

Burlington, NC 27215

2 bd 3 ba 1,271 sqft Built 1968 townhomes
Most recent sale
$170,000
Sep 7, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 7, 2022 Sold $170,000 MLS #2461169
Aug 23, 2022 Relisted $170,000 MLS #2461169
Jul 9, 2022 Listed $170,000 MLS #2461169
Oct 27, 2003 Sold $74,100 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $142,810 $23,000 $165,810 $1,612
2024 $142,810 $23,000 $165,810 $1,571
2023 $142,810 $23,000 $165,810 $1,510
2022 $55,584 $7,500 $63,084 $782
2021 $55,584 $7,500 $63,084 $787
2020 $55,584 $7,500 $63,084 $795
2019 $55,584 $7,500 $63,084 $798
2018 $55,584 $7,500 $63,084 $747
2017 $55,584 $7,500 $63,084 $743
2016 $65,789 $10,000 $75,789 $879
2015 $65,789 $10,000 $75,789 $437
2014 $65,789 $10,000 $75,789 $402
2013 $65,789 $10,000 $75,789 $409
2012 $65,789 $10,000 $75,789 $392
2011 $65,789 $10,000 $75,789 $394
2010 $65,789 $10,000 $75,789 $394
2009 $65,789 $10,000 $75,789 $394
2007 $66,130 $10,296 $76,426 $443

Property facts

Year built
1968
Property type
townhomes
Stories
2
Beds
2
Baths
3
Living area
1,271 sqft
Lot size
ZIP code
27215
City
Burlington
Street
Peele St
Coordinates
36.09833, -79.44441

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
$1,716
Gross rental yield
12.11%
Implied cap rate
7.87%
Trend-extrapolated value

Frequently asked questions

When did 516 Peele St last sell?
516 Peele St most recently sold on Sep 7, 2022 for $170,000.
What is the current tax assessment for 516 Peele St?
The most recent total assessment for 516 Peele St (year 2025) is $165,810 with $1,612 in property tax.
How does 516 Peele St's assessment compare to its last sale price?
The current assessment is 2.5% below the last sale price of $170,000.
When was 516 Peele St built?
516 Peele St was built in 1968.
How does 516 Peele St compare to others on Peele St?
We track 8 other properties on Peele St. Browse the list under "Other properties on Peele St" to compare beds, baths, and sale history.
What are the property facts for 516 Peele St?
516 Peele St is a 2 bed, 3 bath, 1,271 sqft townhomes.
Is 516 Peele St a flip candidate?
No — 516 Peele St does not appear in our flips dataset.
Is 516 Peele St a tax-appeal candidate?
No — 516 Peele St 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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