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$94,500
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Property Description
Attention flippers, handyman and investors! This 1-bed, 1-bath cottage offers tremendous potential on a nearly half-acre lot (0.44 acres) in Burlington. Built in 1948, this compact home (approx. 392 sq ft) is ready for your next project - whether that's a full renovation, rental hold or rebuild opportunity. Don't miss your opportunity to add to your portfolio today!
Full Property Details
Full Property Details for 515 Smith St
General
- Price: $94,500
- Taxes: $258
- Status: Active
- Type: Single Family
- Source: Triad_MLS
- MLS ID: 1201934
- Updated: 2/17/2026
- Added to Site: 110 day(s) ago
Interior
- Number of Fireplaces: 1
- Fireplace(s): Den
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Main Floor Baths: 1
- Main - Full Baths: 1
Bedrooms
- Total Bedrooms: 1
- 1st/Main Floor Primary: Yes
Parking
- Parking Features: Driveway
Location
- County: Alamance
- Subdivision: None
- Driving Directions: From Burlington Road take left on University Drive, Left on Flora Avenue, right on Durham Street, left on Smith Street and property is on the right.
Heating & Cooling
- Cooling Type: Window Unit(s)
- Heating Type: See Remarks, Electric
- Heating Fuel: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Crawl Space
- Stories/Levels: One
- Heated/Cooled: 392 Sq. Ft.
- Year Built: 1948
Lot Features
- Lot Size (Acres): 0.44
Financial Considerations
- Price Per Acre: $214,772.7273
- Tax Amount: $258
Disclosures and Reports
- Special Conditions: Owner Sale
- Deed Restrictions: Yes
Listed by Keller Williams Central
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Schools
Schools serving 515 Smith St
School District:Alamance-Burlington Schools
| Name | Grades | Distance |
|---|---|---|
Hillcrest Elementary, Burlington, NC 1714 West Davis Street, Burlington, NC 27215 | PK-5 | 1.1 mi |
Western Middle 2100 Eldon Drive, Elon, NC 27244 | 6-8 | 4.8 mi |
Western Alamance High 1731 North Carolina 87, Elon, NC 27244 | 9-12 | 4.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 515 Smith St
Date
Details
Price
Change
Source
2/17/2026
Price Reduced
$94,500
-5.03%
MLS
1/15/2026
Price Reduced
$99,500
-5.24%
MLS
11/13/2025
Listed
$105,000
425%
MLS
4/09/2018
Sold
$20,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 515 Smith St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$258
5%
$52,226
—
2024
$245
8%
$52,226
—
2023
$226
25%
$52,226
72%
2021
$181
—
$30,422
—
2022
$181
—
$30,422
—
2020
$181
-53%
$30,422
—
2019
$385
7%
$30,422
—
2018
$360
1%
$30,422
—
2017
$358
-3%
$30,422
-4%
2016
$369
822%
$31,845
—
2015
$40
-77%
$31,845
-2%
2014
$173
322%
$32,596
—
2013
$41
—
$32,596
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 515 Smith St
515 Smith Street, Burlington, NC 27217 (MLS# 1201934) is a Single Family property with 1 bedroom and 1 full bathroom. 515 Smith Street is currently listed for $94,500 and was received on November 13, 2025. Want to learn more about 515 Smith Street? Do you have questions about finding other Single Family real estate for sale in Burlington? You can browse all Burlington real estate or contact a Coldwell Banker agent to request more information.

