$60,000
SOLD APR 16, 2021

1038 Cedar Place Ct Unit 248 Winston Salem, NC 27107

2 Beds
1.5 Baths
1,200 Sq Ft
$150/mo HOA Fee

Recently Sold

$50 Per Sq Ft

About This Home

As of September 2024

Why rent when you can buy? Great opportunity for investment! This low-maintenance condo includes eat-in kitchen and plenty of additional parking, all within a convenient location to Winston Salem, High
Point, and Kernersville. Sold in current condition, seller will not complete repairs. Tenant occupied, can only show on weekends with 24 hour notice.

Last Buyer's Agent

Cara Irvine

RE/MAX Realty Consultants License #239255

RE/MAX Realty Consultants

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $870

Year Built

  • Built in 1990

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,054 Sq Ft Home
  • 900-1,200 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • South Wind Villas Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6843358896000
  • 1% Total Tax Rate

Property Details

Home Type

Condominium

Est. Annual Taxes

$870

Year Built

Built in 1990

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.1
  • Subdivision Name: South Wind Villas
  • Directions: Thomasville Rd/109 to Teague Rd. Turn right onto S Bend Road into South Wind Villas. Turn right onto Cedar Place Court.
  • Above Grade Finished Sq Ft: 1054
  • Unit Levels: Two
  • Structure Type: Condominium
  • Year Built: 1990
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 1054
  • Main Level Bathrooms: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

  • Pool Features: None
  • Construction Type: Vinyl Siding
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Parking Features: Assigned

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: 150
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Parcel #: 6843358896000
  • Zoning: RM-12S
  • TRIADMLS_PricePerAcre: 630000
  • TRIADMLS_DeedPage: 17
  • TRIADMLS_DeedBook: 3596
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 869.97
  • Tax Year: 2021
  • TRIADMLS_TaxRate: 1.3809

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2024
Closed on
Sep 12, 2024
Sold by
Agudelo Gonzalo A and Pabon Aliana E
Bought by
Manning Angela F and Manning Robert L
Seller's Agent
Cara Irvine
RE/MAX Preferred Properties
Buyer's Agent
Kevin Davis
RE/MAX Preferred Properties
List Price
$127,000
Sold Price
$123,000
Premium/Discount to List
-$4,000
-3.15%
Total Days on Market
0
Views
40
Current Estimated Value
$121,709

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,291
Avg. Annual Appreciation
-3.92%

Purchase Details

Listed on
Jan 30, 2021
Closed on
Apr 14, 2021
Sold by
Tan Reymond and Tan Delilah
Bought by
Aqudelo Gonzalo A and Pabon Aliana E
Buyer's Agent
Cara Irvine
RE/MAX Realty Consultants
Sold Price
$60,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.43%
Original Mortgage
$45,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 7, 2019
Closed on
Jan 21, 2020
Sold by
Christian Ronnie D
Bought by
Tan Reymond
Seller's Agent
Karen Johnson
Robertson Realty
Sold Price
$50,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.67%
Original Mortgage
$38,025
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 1998
Sold by
Allen Penny B
Bought by
Christian Ronnie D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,050
Interest Rate
7.15%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $123,000 None Listed On Document
Warranty Deed $60,000 Accommodation
Warranty Deed $51,000 None Available
Warranty Deed $54,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $45,000 New Conventional
Previous Owner $38,025 New Conventional
Previous Owner $53,050 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2024 09/13/24 Sold $123,000 -3.1% $118 / Sq Ft
08/28/2024 08/28/24 Pending -- -- --
08/25/2024 08/25/24 For Sale $127,000 0.0% $122 / Sq Ft
07/15/2021 07/15/21 Rented $895 0.0% --
04/16/2021 04/16/21 Sold $60,000 +18.3% $67 / Sq Ft
01/24/2020 01/24/20 Sold $50,700 -- $56 / Sq Ft
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
2023 $843 $63,000 $7,200 $55,800
2022 $828 $63,000 $7,200 $55,800
2021 $813 $63,000 $7,200 $55,800
2020 $577 $41,800 $7,200 $34,600
2019 $581 $41,800 $7,200 $34,600
2018 $552 $41,800 $7,200 $34,600
2016 $644 $48,872 $7,200 $41,672
2015 $634 $48,872 $7,200 $41,672
2014 $615 $48,872 $7,200 $41,672
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1011238

Triad MLS

APN: 6843-35-8896