Sold for $65,000

$65,000

232 Burlington Ave, Gibsonville, NC 27249

3beds

1,376sqft

Stick/Site Built, Residential, Single Family Residence

Built in 1923

0.41 Acres Lot

$-- Zestimate^®

$--/sqft

$1,640 Estimated rent

Home value

Not available

Estimated sales range

Not available

$1,640/mo

Zestimate^® history

Owner options

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$1,640/mo

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$1,640/mo

Rent Zestimate^®

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$318/mo

Est. payment

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$318/mo

Est. payment

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What's special

Parking available on grass

**CASH ONLY — AS-IS SALE**Calling all investors and visionaries! Great location for this 1923 home in the town of Gibsonville has been vacant for more than 20 years and sustained fire damage to the rear section approximately 2–3 years ago. The interior has been cleared of some debris, however entry is at buyer’s own risk. Buyer to verify all information, measurements, zoning, and permitted use. No utilities are connected, and an above-ground oil tank remains. According to the Town of Gibsonville Code Enforcement, the structure must be brought into compliance by 5/17/2026. No driveway access; parking available on grass. This property is not habitable and will not qualify for financing. Ideal for cash buyers seeking a redevelopment, renovation, or teardown project.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2
Main level bathrooms: 2

Heating

See Remarks, Oil

Cooling

None

Features

Flooring: Wood
Basement: Basement, Crawl Space
Number of fireplaces: 2
Fireplace features: Living Room, See Remarks

Interior area

Total structure area: 1,376
Total interior livable area: 1,376 sqft
Finished area above ground: 1,376

Property

Parking

Parking features: See Remarks, Detached
Has garage: Yes

Features

Levels: One
Stories: 1
Patio & porch: Porch
Pool features: None
Fencing: None

Lot

Size: 0.41 Acres
Features: City Lot

Details

Parcel number: 102214
Zoning: RS-12
Special conditions: Owner Sale

Construction

Type & style

Home type: SingleFamily
Architectural style: Bungalow
Property subtype: Stick/Site Built, Residential, Single Family Residence

Materials

Wood Siding

Condition

Year built: 1923

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

HOA

Has HOA: No

Location

Region: Gibsonville

Financial & listing details

Tax assessed value: $247,500
Annual tax amount: $3,120
Date on market: 2/26/2026
Cumulative days on market: 14 days
Listing agreement: Exclusive Right To Sell
Listing terms: Cash

Price history

Date	Event	Price
4/10/2026	Sold	$65,000-35%
Source: Triad MLS #1210278 Report a problem
3/12/2026	Pending sale	$100,000
Source: Triad MLS #1210278 Report a problem
2/26/2026	Listed for sale	$100,000$73/sqft
Source: Doorify MLS #10148743 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,629	$133,500
2024	$1,629	$133,500
2023	$1,629 -3.2%	$133,500
2022	$1,683 +55.2%	$133,500 +55.2%
2021	$1,084 +72.6%	$86,000
2018	$628 +4.1%	$86,000
2017	$603	$86,000 +7.1%
2016	$603	$80,300
2015	$603 -2.4%	$80,300
2014	$618	$80,300
2013	--	$80,300
2012	--	$80,300 -7.4%
2011	--	$86,700
2010	--	$86,700