NEW 9 HRS AGO

For sale

$40,000

Est. $254/mo —

Land

•

0.34

acre (lot)

1003 Sharpe Rd, Burlington, NC 27217

About this home

Building lot of approximately 1/3 acre at the corner of Sharpe Road and Morgantown Road for sale. Public water and sewer, electricity and gas available. House of no value on the lot. This is a court ordered sale subject to a 10 day upset bid period. Court ordered sale subject to a 10 day upset bid period. Seller is Charlie Davis, Commissioner. House of no value on the lot. Property sold "As Is".

Vacant landProperty Type

0.34 acresLot Size

$117,647Price/Acres

Listed by Gary Holmes • Coldwell Banker HPW

Listing updated: Oct 6, 2026 at 03:55pm

Redfin checked: 2 minutes ago

•Source:TMLS #10196913

Payment calculator

$254 per month

Principal and interest$226

Property taxes

$18

HOA dues

Home insurance

$10

Utilities

Add

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Around this home

Schools

K - 12
Preschool & daycare

Hillcrest Elementary

Public PreK-5 • Assigned • 2.0mi

4/10

Western Middle

Public 6-8 • Assigned • 5.1mi

6/10

Western Alamance High

Public 9-12 • Assigned • 4.6mi

7/10

Provided by GreatSchools

About

Morgantown

Morgantown, located between Downtown Burlington and the Haw River corridor, is a residential and historic Burlington neighborhood with tree-lined streets and a small-town cadence. The neighborhood’s character concentrates around the City Park area near S Church St, where ballfields, shaded paths, and weekend activity set the tone. Early- to mid-century houses and older cottages mix with modest infill, giving blocks a lived-in architectural rhythm. Burlington City Park’s carousel and train rides act as a local touchstone. Nearby, the Paramount Theater and the Alamance County Historical Museum add a cultural throughline tied to downtown’s brick storefronts. Greenway segments and riverfront trails shape daily routines with a nature-forward edge.

Provided by Walk Score and Local Logic

Market insights

1003 Sharpe Rd · $40,000

DAYS ON MARKET

The average home goes pending in 36 days.

SALE-TO-LIST

Most homes are selling 2% below list price.

LIST PRICE

Median sale price in this area is $342,875. (757% higher than this home)

PRICE DROP

28% of homes in this area have had a price drop in the past month.

Property details

Exterior
Finance

Exterior features
Grassed
City street and public road frontage
Paved road

Utilities
Public sewer
Public water
Cable, electricity, and natural gas available

Sale and tax history for 1003 Sharpe Rd

Sale History
Tax History

Date

Event

Price

Triad MLS #1238086

Oct 6, 2026

Listed

$40,000

TMLS #10196913

Oct 6, 2026

Listed

$40,000

TMLS #123592

Jun 15, 2022

Listing Removed

—

Jun 10, 2022

Listed

$50,000

Year

Property tax

Land + Additions

Assessment*

2025

$96 (−73.4%)

$20,000

2024

$362

$20,000

2023

$362 (+3.1%)

$20,000 + $55,265

$75,265

2022

$351 (−0.8%)

$20,000 + $55,265

$75,265

2021

$354 (−0.8%)

$8,000 + $20,298

$28,298

2020

$357 (−0.3%)

$8,000 + $20,298

$28,298

2019

$358 (+6.8%)

$8,000 + $20,298

$28,298

2018

$335 (+0.6%)

$8,000 + $20,298

$28,298

2017

$333 (−54.7%)

$8,000 + $20,298

$28,298

2016

$736 (+119.0%)

$20,000 + $43,531

$63,531

2014

$336

$20,000 + $43,531

$63,531

Public record

Public record
Zoning

Beds

Baths

1.5

Stories

Lot width

—

Lot depth

—

Lot size

0.34 Acres

Year renovated

—

Finished Sq. Ft.

930

Unfinished Sq. Ft.

—

Total Sq. Ft.

930

Year built

1938

Style

Single Family Residential

County

Alamance County

APN

140299

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 17, 2026.

HDR

High Density Residential District

The High Density Residential (HDR) district is established to accommodate a wide range of residential and institutional use types at high densities. The district allows a wide range of housing types, including duplexes, triplexes, quadraplexes, upper-story residential, single-family attached, and single-family detached dwellings. The district also allows pocket neighborhoods and bungalow courts. As a means of creating compact, functional neighborhoods, the district also allows a wide variety of institutional uses, including community centers, day care, schools, assisted living, religious institutions, parks, and utilities. Mixed use development is also allowed in locations where negative impacts can be minimized. Proximity and access to transit facilities and alternative forms of transportation are vital in this district. Low density development comprised of uniform building types or styles is discouraged.

Permitted uses

Include but are not limited to:

Community / recreation center
Automotive parking structure
Housing-Single unit
Housing-Multiple units
Bed & breakfast
Public service
Fire house
Police station
Golf related
Park & open space

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

6/10 Heat Factor

7 days above 105° expected this year, 18 days in 30 years

5/10 Wind Factor

22% chance of strong winds in next 30 years

2/10 Air Factor

2 unhealthy days expected this year, 2 days in 30 years

Provided by First Street

Historical weather

Burlington, NC • 27217

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9 hours in June and 5.1 hours in December, which is comparable to the U.S. average for solar exposure.

9 hrs

5.1 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 1003 Sharpe Rd

We cannot show automated home-value estimates for this home.

Nearby homes have recently sold between $95,000 and $235,000.

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $95K to $235K.

SOLD JUN 26, 2026
$195,000 Last sold price
3 beds1.5 baths975 sq ft
909 Short St, Burlington, NC 27217
larger lot
basement
SOLD JUN 9, 2026
$95,000 Last sold price
2 beds1 bath864 sq ft
1222 Rauhut St, Burlington, NC 27217
larger lot
SOLD JUL 29, 2026
$130,000 Last sold price
2 beds1 bath1,393 sq ft
1364 Rauhut St, Burlington, NC 27217
larger lot
SOLD APR 20, 2026
$235,000 Last sold price
3 beds1 bath1,005 sq ft
159 Hazel Dr, Burlington, NC 27217
larger lot
SOLD AUG 4, 2026
$150,000 Last sold price
2 beds1 bath857 sq ft
1713 Lower Hopedale Rd, Burlington, NC 27217
smaller lot
SOLD SEP 14, 2026
$220,000 Last sold price
3 beds1.5 baths1,050 sq ft
1435 Lanier Ct, Burlington, NC 27217
smaller lot

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Details provided by TMLS and may not match the public record. Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Payment calculator

Affordability tools

See this home in person

Nearby open houses (10)

Around this home

Schools

Market insights

Property details

Sale and tax history for 1003 Sharpe Rd

Public record

Climate risks

Historical weather

Sun exposure

Redfin Estimate for 1003 Sharpe Rd

Early Access listings

Nearby similar homes

New listings for sale in 27217

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