408 W Gilbreath St, Graham, NC, 27253
About This Home
Welcome to this beautifully renovated home in a prime Graham location--offering incredible value under $250,000! Whether you're a first-time buyer ready to stop renting or an investor looking for your next opportunity, this home checks all the boxes. With approximately 1,126 square feet, this 3-bedroom, 1-bath home features a flexible layout designed for modern living. Enjoy a cozy breakfast nook for your morning coffee and a separate dining area that can easily double as a home office, playroom, or flex space to fit your lifestyle. Step inside to a fresh, updated feel with newly painted interior and exterior, creating a clean and inviting atmosphere throughout. Major systems and appliances have been well maintained, with key components--including the HVAC and water heater--being new or less than 7 years old, giving you added confidence and peace of mind. For investors, this property offers strong potential with options for both short-term and long-term rental income. For homeowners, it's a move-in-ready space where you can start creating memories right away. Opportunities like this don't come often--affordable, updated, and versatile. Schedule your showing today and see the potential for yourself!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1948
Materials
- Roof: Shingle
- Construction materials: HardiPlank Type
Type & Style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subType: Ranch,Residential
Interior
Appliances
- Appliances included: Electric Range,Free-Standing Electric Range,Microwave
Basement
- Basement: Crawl Space
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Features
- Walk-In Shower
- Flooring: Carpet,Vinyl
- Finished area below ground: 0
- Finished area above ground: 1,126
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air
Interior Area
- Total structure area: 1,126
- Total interior livable area: 1,126 sqft
Property
Details
- Parcel number: 135016
- Special condition: Conservatorship
Features
- Levels: One
- Stories: 1
- Has view: Yes
Lot
- Lot size: 9,147 sqft
- Lot size dimensions: 0.21
Parking
- Total spaces: 4
- Parking features: Driveway
- Has uncovered spaces: Yes
- Uncovered spaces: 4
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
- Ice Storm
- Lightning
- Tornado
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters in Alamance County and North Carolina
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,137 | $13,644 |
| Home Insurance * | $75 | $900 |
| Property Taxes | $83 | $996 |
| Electricity | $200 | $2,405 |
| Total | $1,495 | $17,940 |
Income You'd Need if You Spent...
North Carolina FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-14 | Price change | $229,900 |
| 2026-03-19 | Listed for sale | $235,000 |
| 2025-12-05 | Sold | $105,000 |
| 2025-06-10 | Sold | $138,840 |
| 2018-03-02 | Sold | $124,900 |
| 2018-01-11 | Pending sale | $124,900 |
| 2017-12-04 | Price change | $124,900 |
| 2017-11-14 | Listed for sale | $129,900 |
| 2017-08-21 | Sold | $34,000 |
| 2017-07-11 | Price change | $34,900 |
| 2017-06-09 | Listed for sale | $39,900 |
| 2017-04-28 | Sold | $31,166 |
| 2017-03-25 | Listed for sale | -- |
| 2016-05-27 | Listing removed | -- |
| 2016-05-26 | Price change | $29,910 |
| 2016-05-13 | Listed for sale | -- |
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