Address: NC 62 Hwy, Parcel 150571, Burlington, NC Address of record is NC 62 HWY but if you were to google a searchable location there is a large shed holding farming equipment labeled with the address (889 Louis Graham RD,) at the corner of NC 62 HWY and Louis Graham Rd intercept. 61.41-acre parcel, located strategically on NC 62 Hwy in Burlington, NC. Currently a productive tobacco field, this versatile property presents endless possibilities for astute investors, land banks, developers, and builders. Whether you are a builder looking for your next project, a developer aiming for a profit, or an investor seeking a valuable land asset, this property caters to all your needs. Mostly flat terrain with gently rolling hills, perfect for various types of development. Includes three serene ponds adding both aesthetic appeal and functional value. For Additional Assistance Please Call Lindsey Sandoval (704) 777-0895
Property Details
Property Features
Listing Office:
Office Name: eXp Realty
Office Phone: (888) 584-9431
Listing Agent: Dineen Guthrie
Lot Features
Lot Information:
Lot: Cleared
Lot Size: 61.41 Acres
Other
Directions Information:
Directions: 20 Min From Hwy 40. Taking Exit 143 for NC-62 toward Burlington Downtown/Alamance keeping straight 10 miles until crossing Louis Graham Rd and parcel is on the corner of both intersections.
Price Information
Listing Price Info
Price Summary:
List Price: $749,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Burlington, NC.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$3,806
Per Month
Principal & Interest
$3,739
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$2,312
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Pleasant Grove Elementary School
2847 Pleasant Grove Un Sch Rd
Distance between this listing and this school4.68 miles
Public District Grades PK-5
4
/10
Eastlawn Elementary School
502 N Graham Hopedale Rd
Distance between this listing and this school5.77 miles
Public District Grades PK-5
5
/10
R. Homer Andrews Elementary School
2630 Buckingham Rd
Distance between this listing and this school6.05 miles
Public District Grades PK-5
Nearby Schools
5
/10
Woodlawn Middle School
3970 Mebane Rogers Rd
Distance between this listing and this school6.20 miles
Public District Grades 6-8
1
/10
Broadview Middle School
2229 Broadview Dr
Distance between this listing and this school6.61 miles
Public District Grades 6-8
7
/10
Western Alamance Middle School
2100 Eldon Dr
Distance between this listing and this school7.08 miles
Public District Grades 6-8
Nearby Schools
8
/10
Clover Garden
2454 Altamahaw Union Ridge Rd
Distance between this listing and this school5.18 miles
Public Charter Grades KG-12
6
/10
Eastern Alamance High School
4040 Mebane Rogers Rd
Distance between this listing and this school6.36 miles
Public District Grades 9-12
2
/10
Hugh M. Cummings High School
2200 N Mebane St
Distance between this listing and this school6.53 miles
The neighbors living near this home have an average income of $62,755. Typical income of Burlington, NC residents is between $35k-100k annually. Typical family type is married, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 889 Louis Graham Rd
What is the listing price of this property?
The listing price of 889 Louis Graham Rd property is $749,000.
What type of property is this?
The property 889 Louis Graham Rd is land located in Burlington, North Carolina, 27217.
Is this property for sale now?
Active Listing: 889 Louis Graham Rd is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 889 Louis Graham Rd in Burlington, NC and zip code 27217. This home sits on a 61.41 acre lot. It has been listed on Rocket Homes since September 20, 2024 and is currently priced at $749,000.
Over 12 listings were sold over their listed price in November 2024 in Burlington, NC. In the same period over 48 listings were sold below the listed price and 21 listings were sold for the listed price. In November 2024 in Burlington, NC there were 2.3% more homes for sale than in October 2024. The median list price of listings available in November 2024 was $275,000, while the average time on the real estate market was 40 days.
From Rocket Homes Real Estate and based on county public records data.
Hunting
Hunting
NASCAR
Pro Wrestling
Academy Sports & Outdoors
Wal-Mart
Bass Pro Shops
Jimmy Johns
Hardee's
Applebees
Chevrolet
Ram
GMC
New Country
Classic Country