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Sold for $240,000
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  • $240,000

    501 Morgan Ter, Burlington, NC 27217

    4beds
    2,727sqft
    Single Family Residence, Residential
    Built in 1950
    0.3 Acres Lot
    $247,800 Zestimate®
    $88/sqft
    $2,052 Estimated rent

    Home value

    $247,800

    $235,000 - $260,000

    $2,052/mo

    Zestimate® history
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    $2,052/mo

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    $1,526/mo

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    $1,526/mo

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    What's special

    Fresh interior paintUpdated bathrooms
    Spacious and thoughtfully updated, this 4-bedroom, 2-bath home offers 2,727 sq. ft. on a 0.30-acre lot in Burlington. The home showcases recent roof replacements (2021 & 2025), a 2024 furnace, and a 2025 split AC unit, combining comfort with peace of mind. Inside, enjoy updated bathrooms, fresh interior paint, and generous living space ideal for everyday living and entertaining. A wired outbuilding is ideal for storage or workshop. With convenient city/county water & sewer and no HOA, this property delivers value and flexibility. Close to shopping, schools, and major roadways — don't miss this one!

    Zillow last checked:

    Listing updated:

    Listed by:

    Maryalyce Summers 919-561-0532,

    Coldwell Banker HPW

    Bought with:

    Kori Fansler, 359994

    Dickerson Brady Realty, Inc.

    Source: Doorify MLS,MLS#: 10141338MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Natural Gas, Varies by Unit
    Cooling
    • Central Air, Varies by Unit
    Appliances
    • Included: Electric Oven, Microwave, Refrigerator
    • Laundry: Laundry Room, Multiple Locations
    Features
    • Ceiling Fan(s), Double Vanity, Granite Counters, Kitchen/Dining Room Combination, Smooth Ceilings, Walk-In Shower
    • Flooring: Carpet, Vinyl, Plank
    Interior area
    • Total structure area: 2,727
    • Total interior livable area: 2,727 sqft
    • Finished area above ground: 2,727
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 10
    • Parking features: Concrete, Detached Carport
    • Covered spaces: 2
    • Uncovered spaces: 8
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Front Porch, Patio
    • Exterior features: Private Yard, Rain Gutters, Storage
    • Pool features: None
    • Spa features: None
    • Fencing: None
    • Has view: Yes
    • View description: Neighborhood
    Lot
    • Size: 0.30 Acres
    • Features: Back Yard, Corner Lot, Few Trees, Front Yard
    Details
    • Additional structures: Outbuilding, Storage, Workshop
    • Parcel number: 140075
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch, Traditional
    • Property subtype: Single Family Residence, Residential
    Materials
    • Brick, Concrete
    • Foundation: Concrete
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1950

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Natural Gas Connected

    Community & neighborhood

    Community
    • Community features: Street Lights
    Location
    • Region: Burlington
    • Subdivision: Not in a Subdivision

    Other

    Other facts
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    2/26/2026Sold$240,000-4%$88/sqft
    Source: Doorify MLS #10141338 Report a problem
    1/31/2026Pending sale$249,900$92/sqft
    Source: Doorify MLS #10141338 Report a problem
    1/15/2026Listed for sale$249,900-10.6%$92/sqft
    Source: Doorify MLS #10141338 Report a problem
    11/17/2025Listing removed$279,500$102/sqft
    Source: Doorify MLS #10105309 Report a problem
    9/13/2025Price change$279,500-2.1%
    Source: Triad MLS #1185555 Report a problem
    8/12/2025Price change$285,500-0.1%
    Source: Triad MLS #1185555 Report a problem
    7/17/2025Price change$285,900-3.2%
    Source: Triad MLS #1185555 Report a problem
    6/24/2025Listed for sale$295,500+136.4%
    Source: Triad MLS #1185555 Report a problem
    8/12/2021Sold$125,000
    Source: Triad MLS #1033743 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$705 +8.6%$150,305
    2023$649 -4.9%$150,305 +43.1%
    2022$683 -1.5%$105,054
    2021$693 -1.5%$105,054
    2020$704 $105,054
    2019$704 +12.7%$105,054
    2018$624 $105,054
    2017$624 -62.5%$105,054 -27%
    2016$1,665 $143,873
    2015$1,665 $143,873

    Find assessor info on the county website

    Neighborhood: 27217

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Alamance - Hillcrest
    • Middle: Alamance - Turrentine
    • High: Alamance - Walter Williams

    Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $247,800
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $247,800