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245 School St

Burlington, NC 27215

3 bd 2 ba 1,560 sqft Built 1984 Lot 17,424 sqft single_family
Most recent sale
$202,000
Apr 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 8, 2022 Sold $202,000 MLS #1060201
Feb 26, 2022 Listed $195,000 MLS #1060201
Feb 24, 2022 Listed $195,000 MLS #2433139
Jun 17, 2019 Price changed for rent $1,295 DoorifyMLS
Jun 12, 2019 Listed for rent $1,395 DoorifyMLS
Jun 11, 2019 Sold $135,000 MLS #927126
Apr 11, 2019 Listed $150,000 MLS #102961
Dec 6, 1985 Sold $46,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $219,706 $11,335 $231,041 $2,247
2024 $219,706 $11,335 $231,041 $2,189
2023 $219,706 $11,335 $231,041 $2,104
2022 $47,108 $9,639 $56,747 $704
2021 $47,108 $9,639 $56,747 $709
2020 $47,108 $9,639 $56,747 $716
2019 $47,108 $9,639 $56,747 $717
2018 $47,108 $9,639 $56,747 $672
2017 $47,108 $9,639 $56,747 $668
2016 $87,154 $22,784 $109,938 $1,275
2015 $87,458 $22,784 $110,242 $636
2014 $87,458 $22,784 $110,242 $584
2013 $87,458 $22,784 $110,242 $595
2012 $87,458 $22,784 $110,242 $570
2011 $87,458 $22,784 $110,242 $573
2010 $87,458 $22,784 $110,242 $573
2009 $87,458 $22,784 $110,242 $573
2007 $78,643 $14,112 $92,755 $537

Property facts

Year built
1984
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,560 sqft
Lot size
17,424 sqft
ZIP code
27215
City
Burlington
Street
School St
Coordinates
36.10846, -79.47382

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,106
Gross rental yield
12.51%
Implied cap rate
8.13%
Trend-extrapolated value

Frequently asked questions

When did 245 School St last sell?
245 School St most recently sold on Apr 8, 2022 for $202,000.
What is the current tax assessment for 245 School St?
The most recent total assessment for 245 School St (year 2025) is $231,041 with $2,247 in property tax.
How does 245 School St's assessment compare to its last sale price?
The current assessment is 14.4% above the last sale price of $202,000.
When was 245 School St built?
245 School St was built in 1984.
How does 245 School St compare to others on School St?
We track 6 other properties on School St. Browse the list under "Other properties on School St" to compare beds, baths, and sale history.
What are the property facts for 245 School St?
245 School St is a 3 bed, 2 bath, 1,560 sqft, 17,424 sqft lot single_family.
Is 245 School St a flip candidate?
No — 245 School St does not appear in our flips dataset.
Is 245 School St a tax-appeal candidate?
No — 245 School 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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