NOT LISTED FOR SALE

113 Oak Summit Rd Winston Salem, NC 27105

Northeast Winston-Salem Neighborhood

Estimated Value: $119,000 - $181,000

2 Beds
1 Bath
894 Sq Ft
$159/Sq Ft Est. Value

Last Sold April 12, 2012

Last sale price $20,000 $22 Per Sq Ft

Est. 613% increase in value since last sale

Current estimated payment $865/month

20 Days on Market

Highlights

  • Wood Flooring
  • Cottage
  • Attached Carport
  • No HOA
  • Porch
  • Forced Air Heating and Cooling System

About This Home

As of April 2012

Foreclosure, priced over $26,000 below tax value for immediate sale. To be sold as is.

Last Agent to Sell the Property

Sam Ogburn Jr, CCIM, CPM

Ogburn Properties License #42500 Listed on: 03/19/2012

Last Buyer's Agent

Diane Barber

Village Realty License #142393

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1947

Lot Details

  • 0.26 Acre Lot
  • Fenced
  • Property is zoned RS9

Parking

  • 1 Car Garage
  • Attached Carport
  • Driveway

Home Design

  • Cottage
  • Asbestos

Interior Spaces

  • 894 Sq Ft Home
  • Property has 1 Level
  • Living Room with Fireplace
  • Dryer Hookup

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 008B / 3434
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Year Built

Built in 1947

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.26
  • Directions: University Parkway to Oak Summit Road
  • Above Grade Finished Sq Ft: 894
  • Architectural Style: Cottage
  • Unit Levels: One
  • Year Built: 1947
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Vinyl, Wood
  • Interior Amenities: Dead Bolt(s)
  • Has Basement: Cellar
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 894
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Fencing: Fenced
  • Construction Type: Asbestos

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Driveway, Attached Carport
  • Garage Description: Attached Carport

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Washer Hookup
  • Cooling: Central Air
  • Heating: Forced Air, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • 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

  • Zoning: RS9
  • TRIADMLS_DeedPage: 3860
  • TRIADMLS_DeedBook: 3041

Tax Info

  • Tax Annual Amount: 638.84
  • Tax Block: 3434
  • Tax Lot: 008B
  • Tax Year: 2011
  • TRIADMLS_TaxRate: 1.149

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2012
Closed on
Apr 10, 2012
Sold by
Piedmont Federal Savings Bank
Bought by
Hiatt James Edward and Bryant Denise Ann
Seller's Agent
Sam Ogburn Jr, CCIM, CPM
Ogburn Properties
Buyer's Agent
Diane Barber
Village Realty
List Price
$29,000
Sold Price
$20,000
Premium/Discount to List
-$9,000
-31.03%
Total Days on Market
20
Current Estimated Value
$142,573

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,573
Avg. Annual Appreciation
15.69%

Purchase Details

Closed on
Jan 30, 2012
Sold by
Cole Deforrest R and Cole Dorothy L
Bought by
Piedmont Federal Savings Bank
Source: Public Records

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Range of Values:

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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
Hiatt James Edward $20,000 None Available
Piedmont Federal Savings Bank $41,381 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cole Deforrest R $6,000
Previous Owner Cole Deforrest R $42,000
Previous Owner Cole Deforrest R $37,500
Previous Owner Cole Deforrest R $33,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2012 04/12/12 Sold $20,000 -31.0% $22 / Sq Ft
04/09/2012 04/09/12 Pending -- -- --
03/19/2012 03/19/12 For Sale $29,000 -- $32 / 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 $783 $58,500 $20,000 $38,500
2022 $769 $58,500 $20,000 $38,500
2021 $755 $58,500 $20,000 $38,500
2020 $586 $42,400 $14,300 $28,100
2019 $590 $42,400 $14,300 $28,100
2018 $560 $42,400 $14,300 $28,100
2016 $270 $20,502 $16,625 $3,877
2015 $266 $20,502 $16,625 $3,877
2014 $258 $20,502 $16,625 $3,877
Source: Public Records

Agents Affiliated with this Home

  • Sam Ogburn Jr, CCIM, CPM

    Seller's Agent in 2012

    Sam Ogburn Jr, CCIM, CPM

    Ogburn Properties

    (336) 331-2533

    2 in this area

    86 Total Sales

    Sam Ogburn Jr, CCIM, CPM
    Section Image

  • D

    Buyer's Agent in 2012

    Diane Barber

    Village Realty

    (336) 782-2220

    60 Total Sales

    Diane Barber
    Section Image
See All Agents

Map

Source: Triad MLS

MLS Number: 637541

Triad MLS

APN: 6828-33-3976

North Carolina Forsyth County Winston-Salem 27105 Northeast Winston-Salem

113 Oak Summit Rd, Winston-Salem, NC

This home is located at 113 Oak Summit Rd, Winston Salem, NC 27105 since 19 March 2012 and is currently estimated at $142,573, approximately $159 per square foot. This property was built in 1947. 113 Oak Summit Rd is a home located in Forsyth County with nearby schools including Northwest Middle, North Forsyth High, and Forsyth Academies.

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