NOT LISTED FOR SALE

1140 Butler St Winston Salem, NC 27107

Reynolda Forest/Salem Lake Neighborhood

Estimated Value: $162,000 - $246,000

3 Beds
2 Baths
1,275 Sq Ft
$156/Sq Ft Est. Value

Last Sold May 28, 2013

Last sale price $36,100 $28 Per Sq Ft

Est. 451% increase in value since last sale

Current estimated payment $1,164/month

39 Days on Market

Highlights

  • No HOA
  • Fenced
  • Carpet
  • Outdoor Storage
  • Wood Siding

About This Home

As of May 2013

3 BR, 2 BATH ranch located off Reynolds Park Road priced to sell far below tax value. Has large fenced lot with full basement. All systems to be verified by the buyer as to condition. Property sold "AS-IS" condition and prequal letter is required with all offers or 10% down with all cash offers.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,434

Year Built

  • Built in 1973

Lot Details

  • 0.34 Acre Lot
  • Fenced
  • Property is zoned RS9

Parking

  • 1 Car Garage
  • Basement Garage
  • Driveway

Home Design

  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • 1,275 Sq Ft Home
  • Property has 1 Level
  • Unfinished Basement

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Outdoor Storage

Utilities

  • No Heating
  • Private Water Source
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 6845620029

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,434

Year Built

Built in 1973

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.34
  • Directions: Martin Luther King to Reynolds Park to Right on Butler
  • Above Grade Finished Sq Ft: 1275
  • Architectural Style: Ranch
  • Unit Levels: One
  • Year Built: 1973
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1275
  • TRIADMLS_PorchYN: No
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Exhaust Fan, Electric Water Heater
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Dead Bolt(s)
  • Has Basement: Unfinished, Basement
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1275
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes

Exterior Features

  • Fencing: Fenced
  • Lot Features: City Lot
  • Construction Type: Brick, Wood Siding
  • Other Structures: Storage
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Driveway, Basement
  • Garage Description: Basement Garage

Utilities

  • Sewer: Public Sewer
  • Laundry Features: In Basement
  • Cooling: None
  • Heating: Baseboard, Electric
  • Water Source: Private
  • 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

  • Parcel #: 6845620029
  • Zoning: RS9

Tax Info

  • Tax Block: 0
  • Tax Lot: 0
  • Tax Map Number: 00
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2013
Closed on
Jun 4, 2013
Sold by
Martin Bobby J and Martin Judy E
Bought by
Colon Balanzar Victor Manuel
List Price
$34,680
Sold Price
$36,100
Premium/Discount to List
$1,420
4.09%
Current Estimated Value
$199,068

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,968
Avg. Annual Appreciation
14.72%
Original Mortgage
$24,000
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 3, 2013
Closed on
May 23, 2013
Sold by
Na Jpmorgan Chase Bnak
Bought by
Martin Bobby J and Martin James
List Price
$34,680
Sold Price
$36,100
Premium/Discount to List
$1,420
4.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,000
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 25, 2013
Sold by
Hampton Willie L and Hampton Jadine R
Bought by
Jpmorgan Chase Bank N A

Purchase Details

Closed on
Mar 9, 1998
Sold by
Triplett Tommy L and Triplett Victoria J
Bought by
Hampton Willie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
6.95%
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
Colon Balanzar Victor Manuel $39,000 None Available
Martin Bobby J $36,000 None Available
Jpmorgan Chase Bank N A $57,157 None Available
Hampton Willie L $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Colon Balanzar Victor Manuel $24,000
Previous Owner Hampton Willie L $85,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/28/2013 05/28/13 Sold $36,100 +4.1% $28 / Sq Ft
05/13/2013 05/13/13 Pending -- -- --
04/03/2013 04/03/13 For Sale $34,680 -- $27 / 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 $1,434 $162,400 $30,000 $132,400
2024 $1,368 $102,200 $25,000 $77,200
2023 $1,368 $102,200 $25,000 $77,200
2022 $1,343 $102,200 $25,000 $77,200
2021 $1,319 $102,200 $25,000 $77,200
2020 $1,092 $79,100 $19,500 $59,600
2019 $1,100 $79,100 $19,500 $59,600
2018 $1,045 $79,100 $19,500 $59,600
2016 $1,204 $91,492 $18,500 $72,992
2015 $1,186 $91,492 $18,500 $72,992
2014 $1,150 $91,492 $18,500 $72,992
Source: Public Records

Map

Source: Triad MLS

MLS Number: 669250

Triad MLS

APN: 6845-62-0029

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

1140 Butler St, Winston-Salem, NC

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