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511 Cameron St, Burlington, NC, 27215

--beds
--baths
0sqft
$199,000
--price/sqft
$1,346/moest. monthly cost
$53,840/yrincome needed

About This Home

Calling all investors and visionaries! This 5 Bedroom, 2-Bathroom gem in Burlington is currently operating as a boarding house, but with a little vision, could be a charming single-family residence. With spacious common areas and a flexible layout, this property offers plenty of options for investors or homeowners alike. Permanent stairs to additional upstairs space for storage or possibly additional living area. Home is occupied- please do NOT disturb the tenants. Contact the listing agent to schedule your showing or to get additional information.

Getting Around

62
WalkingSomewhat Walkable
0
TransitVery Limited Transit
53
BikeBikeable

Schools

2/10
1/10
Graham MiddleGrades 6-82.6 mi
3/10
Graham HighGrades 9-123.0 mi

Construction

Condition

  • Year built: 1930

Materials

  • Construction materials: Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Electric Water Heater

Heating & Cooling

  • Heating features: Forced Air,Electric
  • Cooling features: Central Air

Property

Details

  • Parcel number: 135972
  • Zoning: OI
  • Special condition: Owner Sale

Features

  • Pool features: None

Lot

  • Features: City Lot,Not in Flood Zone
  • Lot size dimensions: 60 x 133 x 60 x 133

Parking

  • Parking features: Driveway
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Lightning
    LightningRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Lightning
Winter Weather
Hail
Heat Wave
Ice Storm
Strong Wind
Tornado

FEMA Declared Disasters in Alamance County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,006$12,072
Home Insurance *$77$924
Property Taxes $63$756
Electricity $200$2,405
Total$1,346$16,152
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$46,148/yr
40% on housing$40,380/yr
45% on housing$35,893/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 14.3%
14.3%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 0.6%
0.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 27215$150
Alamance County$149

vs Homes Sold Last Month

Median $/sqft

ZIP 27215$169
Alamance County$178

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-01-07Price change$215,000
2025-09-12Price change$225,000
2025-07-02Listed for sale$235,000
2024-07-18Listing removed--
2024-04-01Listed for sale$179,900
2024-01-30Sold$142,000
2024-01-17Pending sale$149,900
2023-12-08Price change$149,900
2023-12-01Pending sale$134,900
2023-11-19Price change$134,900
2023-01-27Pending sale$135,000
2022-10-26Price change$135,000
2022-09-07Price change$150,000
2022-08-18Listed for sale$180,000
2020-12-16Sold$119,000

For Sale by Agent

AgentMargaret McCann
BrokerageKeller Williams Central

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