Back 516 Peele St
Off Market

516 Peele St

Burlington NC 27215

2
3
1452 sq. ft.
Condo
Last sold for $185,000
Bethany ChavisBethany Chavis, last sold this property on 29 September 2025 after 127 days on market.

Overview

Great 2 bedroom, 2.5 bathroom end unit, mostly brick condo in Shadowood Condos. Closets galore and move-in ready with fresh paint, vinyl flooring, new stove and microwave. Kitchen has extra counterspace and cabinet space, a dining room, sun room, and living room on the main level. This home was beautifully prepared for the next owner and Ideally situated near shopping, restaurants, Elon University and more! Visit www.burlingtondowntown.com to see all that Burlington has to offer!

Features

2 bedrooms
3 bathrooms
1452 sq. ft. floor area
Condo

Estimated Value

Based on this property and similar 2 bedroom condos sold in Burlington over the last 12 months, the estimated median property value of 516 Peele St is $194k.

Median value
$194k
Estimated value range
$60k - $415k
Median days on market
31
Estimated value trend
8%
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 516 Peele St

2025
Sold
$185,000
29 Sep 2025 by Bethany Chavis
2022
Sold
$170,000
07 Sep 2022 by James Wooten, of Keller Williams Central
2017
Sold
$77,000
22 Jun 2017 by Anthony Hezar, of Re/Max Diamond Realty

Happy sellers in Burlington

90%
90% 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 4 reviews in Burlington over the last 12 months.

Local market activity for 2 bedroom condos in Burlington

In the last 12 months, 44 two-bedroom condos similar to 516 Peele St, have been sold.

This represents a 12% decrease in two-bedroom condos sales when compared to the previous 12 months.

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