Back 501 Morgan Terrace
Off Market

501 Morgan Terrace

Burlington NC 27217

4
2
2
2750 sq. ft.
0.3 ac.
Single-Family
Last sold for $240,000
David RileyDavid Riley, last sold this property on 26 February 2026 after 246 days on market.

Overview

Seller is Offering a 2/1 Buydown for your Clients Interest Rates! Remodeled, Brick Home 4 Bedrooms, 2 Baths featuring Granite Counters & Tiled Walk-in Showers, Livingroom, Den & a Great Room. Perfect for the Large Family or In Laws! There is a Bedroom & Den set up for a In law Suite w/ its own Entrance. Large Concrete Parking w/ a Double Carport. Nice Wired Storage Building. NEW CARPET & PAINT!A LOT Of HOME FOR THE MONEY! 2 Laundry Locations! Layout of Home is in Attachments. Roof is 2022, Hvac is 2024 & 2025

Features

4 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
2750 sq. ft. floor area
0.3 ac. lot size
Single-Family

Estimated Value

Based on this property and similar 4 bedroom single-family properties sold in Burlington over the last 12 months, the estimated median property value of 501 Morgan Terrace is $358.8k.

Median value
$358.8k
Estimated value range
$180k - $695.96k
Median days on market
73
Estimated value trend
9%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Burlington. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 501 Morgan Terrace

2026
Sold
$240,000
26 Feb 2026 by David Riley, of Keller Williams Central
2021
Sold
$125,000
12 Aug 2021 by John Newman, of ALLEN TATE REALTORS

Happy sellers in Burlington

96%
96% of sellers in Burlington reported that their sale price either exceeded or met their price expectations.

Burlington stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 5 reviews in Burlington over the last 12 months.

Local market activity for 4 bedroom single-family properties in Burlington

In the last 12 months, 68 four-bedroom single-family properties similar to 501 Morgan Terrace, have been sold.

This represents a 35% decrease in four-bedroom single-family properties sales when compared to the previous 12 months.

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