NOT LISTED FOR SALE

1125 Cedrow Dr High Point, NC 27260

Greater High Point Neighborhood

Estimated Value: $110,000 - $143,000

3 Beds
1 Bath
1,100 Sq Ft
$116/Sq Ft Est. Value

Last Sold November 29, 2021

Last sale price $1,105,000 $1,005 Per Sq Ft

Current estimated payment $743/month

3 Days on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • Asbestos
  • Bungalow

About This Home

As of November 2021

INVESTORS DREAM, a package deal of 13 fabulous rental properties most of them occupied with long-term residents who wish to stay. Additional properties are: 1805 Whitehall St., 214 & 222 Moffitt Dr., 602 & 604 Parkwood Dr., 800, 802, 804, 808, 902, 904 Gordon St., and 804 Pine Circle Drive. These properties are in great condition and you will have income as soon as you close. Don't miss out on this awesome opportunity to add to your portfolio, all 13 properties must be purchased together.

Last Agent to Sell the Property

Caroline McKinley

Triad Lifestyle Realty License #194550 Listed on: 09/12/2021

Last Buyer's Agent

Richard Early

Auben Realty License #319359

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $555

Year Built

  • Built in 1951

Lot Details

  • 9,148 Sq Ft Lot
  • Cleared Lot
  • Property is zoned RS-7

Home Design

  • Bungalow
  • Asbestos

Interior Spaces

  • 1,008 Sq Ft Home
  • 900-1,100 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 0125 / 0002
  • Assessor Parcel Number 0183639
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$555

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.21
  • Lot Size: 64 x 146c64 x 145
  • Subdivision Name: None
  • Directions: Take W Lexington Ave, Turn right onto N University Pkwy, Turn left onto Montlieu Ave, Turn right onto Arlington St Turn left onto Cedrow Drive
  • Above Grade Finished Sq Ft: 1008
  • Architectural Style: Bungalow
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1951
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 900 - 1100
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1008
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Lot Features: Cleared
  • Pool Features: None
  • Construction Type: Asbestos
  • TRIADMLS_PoolYN: No

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 0183639
  • Zoning: RS-7
  • TRIADMLS_PlatPage: 0427
  • TRIADMLS_PlatBook: 0005
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 555
  • Tax Block: 0002
  • Tax Lot: 0125
  • Tax Year: 2020
  • TRIADMLS_TaxRate: 1.37

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 22, 2024
Sold by
Vb One Llc
Bought by
Vb Nine Llc
Current Estimated Value
$127,465

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,636,696
Outstanding Balance
$139,281,961
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
-$139,154,496

Purchase Details

Listed on
Sep 12, 2021
Closed on
Nov 17, 2021
Sold by
Whitley Godwin Properties Llc
Bought by
Vb One Llc
Seller's Agent
Caroline McKinley
Triad Lifestyle Realty
Buyer's Agent
Richard Early
Auben Realty
Sold Price
$1,105,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-40.06%

Purchase Details

Closed on
May 18, 2016
Sold by
Phipps James R and Dalton Dianne Phipps
Bought by
Whitley Godwin Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
3.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 18, 2002
Bought by
Phipps Family Partnership
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Vb Nine Llc -- Os National
Vb One Llc $85,000 Total Title Services Llc
Whitley Godwin Properties Llc -- None Available
Phipps Family Partnership $30,000 None Available
Phipps Family Partnership -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vb Nine Llc $171,636,696
Previous Owner Phipps Family Partnership $102,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/29/2021 11/29/21 Sold $1,105,000 -- $1,228 / Sq Ft
Source: Triad MLS

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 $969 $70,300 $18,000 $52,300
2024 $969 $70,300 $18,000 $52,300
2023 $969 $70,300 $18,000 $52,300
2022 $948 $70,300 $18,000 $52,300
2021 $755 $40,300 $10,000 $30,300
2020 $555 $40,300 $10,000 $30,300
2019 $555 $40,300 $0 $0
2018 $553 $40,300 $0 $0
2017 $555 $40,300 $0 $0
2016 $727 $51,800 $0 $0
2015 $730 $51,800 $0 $0
2014 $743 $51,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Caroline McKinley

    Seller's Agent in 2021

    Caroline McKinley

    Triad Lifestyle Realty

    (336) 803-1970

    29 in this area

    77 Total Sales

    Caroline McKinley
    Section Image

  • R

    Buyer's Agent in 2021

    Richard Early

    Auben Realty

    (803) 543-1530

    5 in this area

    48 Total Sales

    Richard Early
    Section Image
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Map

Source: Triad MLS

MLS Number: 1042067

Triad MLS

APN: 0183639

North Carolina Guilford County High Point 27260 Greater High Point

1125 Cedrow Dr, High Point, NC

Not Listed for Sale

Detached

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