NOT LISTED FOR SALE

1002 Downing Ct Reidsville, NC 27320

Estimated Value: $309,000 - $382,000

3 Beds
2 Baths
1,800 Sq Ft
$188/Sq Ft Est. Value

Last Sold May 31, 2022

Last sale price $310,000 $172 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,146/month

75 Days on Market

Highlights

  • New Construction
  • Porch
  • Forced Air Heating and Cooling System
  • No HOA

About This Home

As of May 2022

Welcome home to one-level living at its best in Lemar Acres. The open floor plan boasts a great room with lots of natural light! Beautiful kitchen with an island made for gathering. Stainless steel appliances, 10ft ceilings, mudroom, and a primary suite on the opposite of the home for privacy. No HOA! Estimated completion Late January-Early February 2022. Don't miss out on this one!

Last Agent to Sell the Property

Lynette Jones

Lynette Jones Realty License #283245 Listed on: 01/14/2022

Last Buyer's Agent

Maxine Nelson

TylerRam Real Estate License #312684

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $229

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 0.8 Acre Lot
  • Property is zoned R20RD

Parking

  • 2 Car Garage

Interior Spaces

  • 1,706 Sq Ft Home
  • 1,500-1,800 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Lemar Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 148982
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$229

Year Built

Built in 2022 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.8
  • Subdivision Name: Lemar Acres
  • Directions: Head south on S Scales St toward Woodrow St. Turn right onto Westover Dr. Turn right onto Cypress Dr. Turn left onto Lemar Dr. Turn right onto Briarwood St. Turn left onto Downing Ct. Waze GPS will take you directly to the property.
  • Above Grade Finished Sq Ft: 1706
  • Unit Levels: One
  • New Construction: Yes
  • Structure Type: House
  • Year Built: 2022
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1500 - 1800
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: New
  • TRIADMLS_FencedYN: No
  • Special Features: NewHome

Interior Features

  • Appliances: Electric Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1706
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Fencing: None
  • Pool Features: None
  • Construction Type: Composite Siding
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Paved

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, No Fuel
  • Water Source: Public
  • TRIADMLS_HeatingFuel: No Fuel
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 148982
  • Zoning: R20RD
  • TRIADMLS_PricePerAcre: 387500
  • TRIADMLS_PlatPage: 31
  • TRIADMLS_DeedPage: 2987
  • TRIADMLS_DeedBook: 1596
  • TRIADMLS_PlatBook: 14
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 229.44
  • Tax Year: 2021
  • TRIADMLS_TaxRate: 0.739

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2022
Closed on
May 31, 2022
Sold by
Jgr Development Group Llc
Bought by
Johnson Felicia D
Seller's Agent
Lynette Jones
Lynette Jones Realty
Buyer's Agent
Maxine Nelson
TylerRam Real Estate
Sold Price
$310,000
Current Estimated Value
$338,607

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,607
Avg. Annual Appreciation
2.62%
Original Mortgage
$234,025
Outstanding Balance
$220,566
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$118,041

Purchase Details

Closed on
Mar 10, 2021
Sold by
Scearce Linda W and Scearce Bobby
Bought by
Jgr Development Group Llc

Purchase Details

Closed on
Jul 30, 2008
Sold by
Scearce Bobby Wayne
Bought by
Scearce Linda W

Purchase Details

Closed on
Mar 30, 2007
Sold by
Hall Frances Elizabeth
Bought by
Scearce Bobby and Scearce Linda
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Johnson Felicia D $310,000 Stegall & Clifford Pllc
Jgr Development Group Llc $14,000 None Listed On Document
Jgr Development Group Llc $14,000 None Listed On Document
Scearce Linda W -- None Available
Scearce Bobby $146,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Felicia D $234,025
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2022 05/31/22 Sold $310,000 -- $207 / Sq Ft
03/31/2022 03/31/22 Pending -- -- --
Source: Triad MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,474 $360,817 $17,600 $343,217
2024 $4,479 $360,817 $17,600 $343,217
2023 $4,479 $178,584 $16,000 $162,584
2022 $2,561 $178,584 $16,000 $162,584
2021 $229 $16,000 $16,000 $0
2020 $229 $16,000 $16,000 $0
2019 $229 $16,000 $16,000 $0
2018 $202 $14,040 $14,040 $0
2017 $202 $14,040 $14,040 $0
2015 $204 $14,040 $14,040 $0
2014 -- $14,040 $14,040 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1055202

Triad MLS

APN: 148982