NOT LISTED FOR SALE

1042 Shalimar Dr Winston Salem, NC 27107

Reynolda Forest/Salem Lake Neighborhood

Estimated Value: $123,000 - $186,000

2 Beds
1 Bath
1,000 Sq Ft
$148/Sq Ft Est. Value

Last Sold April 02, 2014

Last sale price $15,395 $15 Per Sq Ft

Est. 949% increase in value since last sale

Current estimated payment $954/month

About This Home

As of April 2014

COMPS ONLY! This home sold as part of a 39 home portfolio investment package.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1968

Lot Details

  • 0.32 Acre Lot
  • Property is zoned Rs9

Parking

  • No Garage

Home Design

  • Masonite

Interior Spaces

  • 1,000 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Shalimar Sec 01 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6845626987
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.32
  • Subdivision Name: Shalimar Sec 01
  • Directions: remarks
  • Above Grade Finished Sq Ft: 1000
  • Unit Levels: One
  • Year Built: 1968
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1000
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 1000
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Construction Type: Masonite

Garage/Parking

  • Parking Features: No Garage
  • Garage Description: None

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: No

Lot Info

  • Parcel #: 6845626987
  • Zoning: Rs9
  • TRIADMLS_DeedPage: 2812
  • TRIADMLS_DeedBook: 3095

Tax Info

  • Tax Annual Amount: 653.32
  • Tax Year: 2013
  • TRIADMLS_TaxRate: 1.2468

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 14, 2010
Sold by
Jasjeet & Navjeet Associates Llc
Bought by
Salem Rental Properties Llc
Current Estimated Value
$161,438

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,303,544
Outstanding Balance
$203,093
Interest Rate
4.94%
Mortgage Type
Seller Take Back
Estimated Equity
-$45,479
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 Buyer Sale Price Title Company
Salem Rental Properties Llc $2,359,000 None Available
Jasjeet & Navjeet Associates Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ptw Holdinge Llc $227,000
Closed Ptw Holdings Llc $900,000
Closed Ptw Holdings Llc $200,000
Open Jasjeet & Navjeet Associates Llc $2,303,544
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2014 04/02/14 Sold $15,395 0.0% $15 / Sq Ft
04/02/2014 04/02/14 Pending -- -- --
04/02/2014 04/02/14 For Sale $15,395 -- $15 / 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 $845 $63,100 $20,000 $43,100
2022 $829 $63,100 $20,000 $43,100
2021 $814 $63,100 $20,000 $43,100
2020 $822 $59,500 $17,000 $42,500
2019 $828 $59,500 $17,000 $42,500
2018 $813 $59,500 $17,000 $42,500
2016 $690 $52,436 $15,000 $37,436
2015 $679 $52,436 $15,000 $37,436
2014 $659 $52,436 $15,000 $37,436
Source: Public Records

Map

Source: Triad MLS

MLS Number: 703145

Triad MLS

APN: 6845-62-6987

North Carolina Forsyth County Winston-Salem 27107 Reynolda Forest/Salem Lake

1042 Shalimar Dr, Winston-Salem, NC

This home is located at 1042 Shalimar Dr, Winston Salem, NC 27107 since 02 April 2014 and is currently estimated at $148,148, approximately $148 per square foot. This property was built in 1968. 1042 Shalimar Dr is a home located in Forsyth County with nearby schools including Hall-Woodward Elementary School, Philo-Hill Magnet Academy, and East Forsyth High School.

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