NOT LISTED FOR SALE

1128 Old Salem Rd Kernersville, NC 27284

Glenwood/Kingswood Neighborhood

Estimated Value: $245,000 - $258,000

3 Beds
1 Bath
1,400 Sq Ft
$180/Sq Ft Est. Value

Last Sold May 31, 2017

Last sale price $117,000 $84 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $1,475/month

77 Days on Market

Highlights

  • 0.86 Acre Lot
  • Attic
  • No HOA
  • Wood Flooring
  • Solid Surface Countertops
  • Second Washer

About This Home

As of May 2017

Great home on almost an acre. Updated very large kitchen with solid surface counters and tile floors. Pendant and recessed lighting. Lots of hardwood floors and most windows have been updated. Central vacuum system. Laundry connections on Main and basement. Yard is fenced in with two separate areas and all have double swing gates for access. Two car garage with huge additional area for workshop/storage/craft etc. Two wide carport almost 30 feet long. Seller will consider replacing oil heat with gas heat

Last Agent to Sell the Property

Michael McClanahan

McClanahan Properties, Inc License #166008 Listed on: 01/26/2017

Last Buyer's Agent

Mario Cea

Redpost Real Estate License #263366

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,486

Year Built

  • Built in 1961

Lot Details

  • 0.86 Acre Lot
  • Fenced
  • Property is zoned RS20

Parking

  • 4 Car Garage
  • Attached Carport
  • Basement Garage
  • Driveway

Home Design

  • Brick Exterior Construction
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 1,280 Sq Ft Home
  • 1,100-1,400 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Attic
  • Unfinished Basement

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Second Washer
  • Dryer Hookup
  • Second Dryer Hookup
  • Second Washer Hookup

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Somerset Crossing Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6875516434
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,486

Year Built

Built in 1961

Lot Details

0

Parking

4

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.86
  • Subdivision Name: Somerset Crossing
  • Directions: I 40 west exit right at Union Cross Exit and turn right. Turn right on Old Salem rd and home is on the right.
  • Above Grade Finished Sq Ft: 1280
  • Architectural Style: Ranch
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1961
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1100 - 1400
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • TRIADMLS_AdCopy: Great home on almost an acre Updated large kitchen solid surface tops tile floors.Pendant and recessed lighting. Lots of HW floors and most windows updated. Central vac syst. Laundry-Main and basement.Two car grage addtn area Two wide carport almost 30'.
  • Special Features: None

Interior Features

  • Appliances: Microwave, Dishwasher, Slide-In Oven/Range, Electric Water Heater
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Ceiling Fan(s), Solid Surface Counter, Central Vacuum
  • Has Basement: Unfinished, Basement
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1280
  • Main Level Bathrooms: 1
  • Attic Description: Access Only
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes

Exterior Features

  • Fencing: Fenced
  • Pool Features: None
  • Construction Type: Aluminum Siding, Brick, Vinyl Siding
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 4
  • Parking Features: Carport, Garage, Driveway, Attached Carport, Basement
  • Garage Description: Attached Carport, Basement Garage

Utilities

  • Sewer: Septic Tank
  • Laundry Features: 2nd Dryer Connection, 2nd Washer Connection, Dryer Connection, In Basement, Main Level, Washer Hookup
  • Cooling: Central Air
  • Heating: Forced Air, Oil
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Oil
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Call School Board
  • High School: Call School Board
  • Middle Or Junior School: Call School Board

Lot Info

  • Parcel #: 6875516434
  • Zoning: RS20
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 1486
  • Tax Year: 2015
  • TRIADMLS_TaxRate: 1.3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2017
Closed on
May 31, 2017
Sold by
Greene Niles S and Greene Carol A
Bought by
Ponce Victor Hugo Carrasco and Bernal Maria Del Rosario Leon
Seller's Agent
Michael McClanahan
McClanahan Properties, Inc
Buyer's Agent
Mario Cea
Redpost Real Estate
List Price
$129,000
Sold Price
$117,000
Premium/Discount to List
-$12,000
-9.3%
Current Estimated Value
$251,527

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,527
Avg. Annual Appreciation
9.52%
Original Mortgage
$113,490
Outstanding Balance
$94,042
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$157,485

Purchase Details

Closed on
Feb 15, 2017
Sold by
Mayan Properties Llc
Bought by
Greene Niles S

Purchase Details

Closed on
Oct 10, 2005
Sold by
Baughman Bud E and Baughman Anita
Bought by
Mayan 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
$106,746
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 31, 2002
Sold by
Welsh Stanley T
Bought by
Baughman Bud E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,500
Interest Rate
5.99%

Purchase Details

Closed on
Nov 12, 1998
Sold by
Warrick Ruby O
Bought by
Welsh Stanley T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,500
Interest Rate
6.47%
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
Ponce Victor Hugo Carrasco $117,000 None Available
Greene Niles S -- None Available
Mayan Properties Llc $118,000 --
Baughman Bud E $116,500 --
Welsh Stanley T $99,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ponce Victor Hugo Carrasco $113,490
Previous Owner Mayan Properties Llc $106,746
Previous Owner Baughman Bud E $86,500
Previous Owner Welsh Stanley T $94,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2017 05/31/17 Sold $117,000 -9.3% $106 / Sq Ft
04/14/2017 04/14/17 Pending -- -- --
01/26/2017 01/26/17 For Sale $129,000 -- $117 / 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
2025 $1,829 $241,300 $49,500 $191,800
2024 $1,795 $136,900 $32,400 $104,500
2023 $1,795 $136,900 $32,400 $104,500
2022 $1,785 $136,900 $32,400 $104,500
2021 $1,785 $136,900 $32,400 $104,500
2020 $1,643 $118,100 $29,700 $88,400
2019 $1,655 $118,100 $29,700 $88,400
2018 $1,619 $118,100 $29,700 $88,400
2016 $1,516 $110,959 $29,700 $81,259
2015 $1,486 $110,959 $29,700 $81,259
2014 $1,470 $110,959 $29,700 $81,259
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2017

    Michael McClanahan

    McClanahan Properties, Inc

    36 Total Sales

    Michael McClanahan
    Section Image

  • M

    Buyer's Agent in 2017

    Mario Cea

    Redpost Real Estate

    (336) 310-0425

    95 Total Sales

    Mario Cea
    Section Image
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Map

Source: Triad MLS

MLS Number: 818898

Triad MLS

APN: 6875-51-6434

North Carolina Forsyth County Kernersville 27284 Glenwood/Kingswood

1128 Old Salem Rd, Kernersville, NC

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